I'm with Coldwell Banker and we have an in-house lending company that is really easy to talk to and can help you figure out your options. It will help you knowing what you can qualify for and they will let you know what you are pre-approved for. You can call me if you have any questions or want me to get you in touch with the loan company in my office. Born and raised in Chicago too :)
Coldwell Banker Residential Brokerage
I send all my clients to Mary Kay Laurent with Guaranteed Rage at 773-516-6859. At no cost to you she can advise you on what programs are available to you.
Buying now as the market is just recovering is a smart move if you can do it.
Best of Luck,
Manuel Brown, Broker
Let me start by saying that I am not a mortgage professional and you should always seek the advice of one whenever in doubt. With that being said, I have helped my clients obtain a home with large amounts of student loans looming over their heads. This is because there are certain programs that will defer your payments and not take the loans into consideration. Please take the time to speak with a Mortgage Banker preferably three. This way you can get three different lending prospectives. Good luck!
Newman Realty Group
Senior VP of Mortgage Lending
773 290 0455