Page 61 - November 2021

Win with Wintrust
A look at some of the Wintrust Mortgage products and resources that can especially help Chicago Police Officers
Wintrust CFOP Affinity Mortgage Program
https://www.wintrustmortgage.com/cfop.html
Chicago Police Officers receive exclusive access to a completely customized mortgage option with a variety of benefits, including lower rates, a specialized mortgage team, online accessibility and more.
Wintrust CFOP Loan Officers
Phone: 833-201-2676
Email: affinitymortgage@wintrustmortgage.com
Receive tailored mortgage options unique to your situation by speaking with loan officers who specialize in your needs.
Wintrust CFOP Affinity Mortgage Program
https://zoom.wintrustmortgage.com/#/journey?referrerId=kcook%40wintrustmortgage. com
Through this online service, members can share exactly what they need — whether they’re thinking about buying, actually searching for a new home, refinancing or have found the home they want — and receive easy-to-understand, step-by-step directions for how to move forward.
Wintrust Education
https://www.wintrustmortgage.com/learning-center.html?affinity=cfop
We know that not everybody has the vocabulary to understand mortgages and loans. A glossary, articles and educational videos can break down wherever you are in the process to empower you in the decisions that are best for your situation.
NMLS Financial Service Consumer Resource Center
https://www.nmlsconsumeraccess.org/
Check out NMLS Consumer Access, which is a fully searchable website that allows the public to view information concerning state-licensed companies, branches and individuals licensed and registered through NMLS.
Down Payment Programs
Access Forgivable
• 4 percent of the purchase price up to $6,000 cash assistance for down payment and
closing costs, forgiven monthly over 10 years
• 30-year fixed-rate mortgage
• Available to homebuyers statewide and all mortgage types Access Deferred
• 5 percent of the purchase price up to $7,500 cash assistance for down payment and
closing costs offered as an interest-free loan, deferred for the life of your mortgage
• 30-year fixed-rate mortgage
• Available to homebuyers statewide and all mortgage types Access Repayable
• 10 percent of the purchase price up to $10,000 cash assistance for down payment and
closing costs offered as an interest-free loan repaid monthly over a 10-year period
• 30-year fixed-rate mortgage
• Available to homebuyers statewide and all mortgage types
Access Forgivable, Deferred and Repayable Requirements
• Meet the household income and purchase price limits
• Minimum credit score of 640
• New construction and existing homes are eligible
• First-time and non-first-time homebuyers allowed
• All Illinois counties eligible
• Contribute $1,000 or 1 percent of the purchase price, whichever is greater
• Live in the home as primary residence
• Complete homeownership counseling prior to close (online and in-person options
available)
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