Page 67 - FOP June 2019 Magazine

to support the police officers in Chicago. We’re proud to help you pursue your dreams of homeownership and work close- ly with each member and walk you through the homebuying process, step by step.
How does a buyer know it’s time to take the plunge and that buying a home will be worth it?
Buying a home may be cheaper than renting, but cost may not be your only motivator for wanting to buy a home. Many Americans simply enjoy the freedoms granted by homeown- ership. And you may be one of those who like knowing that your money is going toward something that’s yours. Imagine no more restrictions imposed by your landlord. (Go ahead – get a dog!) Decorate in your favorite color. Hey, it’s your house. Play loud music. Is it time you got out of the rent race and into a home you love?
What are some unique aspects of Wintrust Mortgage that differentiate it from other lenders?
Wintrust Mortgage is a part of Wintrust Financial Corpora- tion, a multi-billion-dollar financial services holding compa- ny. Wintrust Mortgage is not like other mortgage providers. For us, it’s not just about products and price, it’s about service to customers and the community. Our ability to lend in all 50 states makes us one of the largest mortgage bankers in the country. Our large volume and backing by Wintrust Financial allows us to offer you competitive rates.
How does the VA loan work?
The Department of Veterans Affairs loans are designed to provide assistance in purchasing a home for U.S. military vet- erans. In most cases, no down payment is required and the parameters for attaining the loan are less stringent. Wintrust Mortgage never charges an administration fee to veterans.
What specific benefits does Wintrust offer to veterans?
Eligible military service members and veterans can apply for a VA loan that may offer no down payment and no month- ly mortgage insurance. Mortgage consultants are ready to provide guidance about how to confirm your eligibility and what benefits are available to you. We also make a VA loan we- binar available to help educate veterans about the steps they would need to take to obtain a VA loan.
In addition, the Servicemembers Civil Relief Act (SCRA) may offer protection or relief to members of the military, their spouses, partners and dependents. And in addition to the benefits offered under SCRA, Wintrust Mortgage assists ser- vice members by providing mortgage assistance to those who can’t keep up with payments and applying foreclosure pro- tection if service members are deployed in a hazardous area or deployed internationally in readiness for military action.
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