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Peter Thompson - Chicago Mortgage Insight

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Name:Peter Thompson - Chicago Mortgage Insight (21 Associations)
Company:Professional Mortgage Partners

Email:Contact Peter Thompson - Chicago Mortgage Insight
Website URL:http://www.ptmortgage.com/blog/

Office Phone:(630) 598-2375
Cell Phone:(630) 479-6424
Fax Number:(630) 929-9787
Address:2626 Warrenville Road , Downers Grove, IL, 60515
Description:I have been a mortgage lender since 1992. I’ve always stressed education as a way to help consumers and make their loan experience as satisfying and rewarding as possible.
 

Professional Mortgage Partners and the Loan Process

Hello and thank you for stopping by. My name is Peter Thompson and I've been a mortgage professional since 1992. With over 16 years of experience I have helped well over a thousand families and individuals buy their own homes and take control of their financial future. I've seen a lot of changes in the time I've been in this business - in fact the mortgage industry has come just about full circle. When I first started out FHA was one of the best options for first time home buyers and any one who wanted a loan had to go through a full underwriting process where we verified all their income assets and made sure they were able to afford the new loan payment. Over the years credit scoring became the biggest factor in loan approval, verifications became an option and FHA virtually disappeared here in the Chicago area. Now we are back where we started. Mortgage guidelines have tightened and FHA is one of the best options not just for first time home buyers but for many buyers who could buy with a conventional loan. In this new lending environment, having an experienced loan officer who knows how to structure your transaction can mean the difference between closing on time, and not closing at all.

I know that the mortgage process can be stressful and intimidating. My approach is to stress education and communication. Understanding how the mortgage process works and what options are available gives you the information you need to make the decision that is best for you. I look at my blog, Chicago Mortgage Rates as an extension of my business, another way to educate and communicate. I've also put together a free guide - First Time Home Buyers Loan  - which lets you know what to expect throughout the entire home buying and mortgage process. Using the information in this guide is guaranteed to save you money. When speaking with potential clients, I take the time to go into depth on their financial situation and long and short term goals. This way I can make sure that I suggest the financing option that will fit best both for now and in the future.

My company, Professional Mortgage Partners, is one of the largest and most respected mortgage bankers in the Chicago area. We work with over 70 correspondent lenders so we have access to the most programs and best mortgage pricing. We offer a wide variety of loan programs including below market rate first time home buyer bond programs. We process, underwrite and fund the loans ourselves. Our fees are low, our interest rates are always competitive and the service will knock your socks off.

I live and work in Dupage County, just west of Chicago and in the heart of the Chicago Suburbs. I am licensed to originate loans in most states, but the bulk of my business is done right here in Chicago, the Chicago suburbs and throughout Northern Illinois. I think there is something to be said for being the local expert, knowing the communities and understanding the local quirks. Being close by I also have a chance to provide personal service so I'm not just a voice over the telephone.

 Illinois FHA Loans | Chicago Mortgage Refinance | Illinois Mortgage Broker |

Areas of Expertise

Some of the programs and solutions we offer include:

FHA mortgage financing up to $410,000 loan amount in the Chicago metropolitan area

FHA mortgage financing with Down Payment Assistance programs (100% financing)

VA mortgage financing for qualified veterans

First Time Home Buyers mortgage Loan programs

Conventional mortgage loans up to $417,000

Conventional mortgage loans with lender paid mortgage insurance

Jumbo mortgage loans

Fixed rate and Adjustable rate mortgage loans

No closing cost refinances

These are just a few of the programs we offer. The program that is best for you depends on your specific goals and needs. My goal is to make your financing experience a great experience. Over the years I've grown my business by exceeding my client's expectations, and much of my business is a result of referrals and repeat business. If you have any questions or if I can help you in any way, Visit my Blog illinois Mortgage Broker please give me a call at (630) 598-2375 or send me an email at petert@promortgagepartners.com.

Testimonials

"Pete was extremely helpful. We felt very confident with his expertise and information. He went over everything and made the process easy for us . Everything went very smoothly."

Mike and Monica A.  Glen Ellyn, IL

 

"I had financed several homes over the years, but this time was the easiest. I've already passed Pete's name on to my brother, and recommended him strongly."

Kim D.  Wheaton, IL

 

"Outstanding professional! Pete is the best!"

Daniel and Peg O.  West Chicago, IL

 

"Pete Thompson was great! Helpful, friendly and very knowledgeable. He went out of his way to make us feel good."

Kathy N.  Winfield, IL

 

"We saved money by taking Pete Thompson's advice."

Dan and Sherrie P.  Wheaton, IL

 

"Pete Thompson was very helpful and informative. I was very happy with the services I received. As a first time buyer, I didn't know what to expect."

Mike B.  Oswego, IL

 

"Very nice to work with. Very efficient service."

Harry and Mary S.  Naperville, IL

 

"Pete Thompson understands our needs. He answered all our questions and made the loan process simple and easy. He was great."

Bob and Sherry R.  Chicago, IL

 

"Pete Thompson was extremely helpful. He was honest and service oriented. We will definitely use Pete again, and refer him to all our friends."

Wayne and Beth B.  Lemont, IL

 

"This was our 3rd transaction with Pete Thompson. Excellent transactions every time."

Peter and Molly H.  Wheaton, IL

 

"Pete is the best person I've ever worked with. I have recommended his services and people love him for his professionalism."

Francisco and Julie A.  Desplaines, IL

 

"I feel he went above and beyond his job. Very satisfied."

Terry S. Chicago, IL

 

"This was my first mortgage, and he held my hand all the way, dealing with all my questions and phone calls."

Rosario A.  New Lenox, IL




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