Our team is committed to providing our clients with the highest quality financial services possible, combined with competitive rates for your area. We will work with you one-on-one to tailor a financial solution that is specifically suited to meet your financing needs. Whether you are purchasing your dream home, refinancing a current loan, or consolidating debt, our highly experienced team can help you find the right loan program, no matter what your needs are. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
I can't imagine it being any better than it was! I have been recommending you to friends and family. We last purchased a home over 20 years ago. Many things have changed since then! Len and Michelle walked us through the process, and made things very simple. I had many questions, and they were patient enough to answer each one.- Michael S.
I had the pleasure of working with an amazing team at First Centennial Mortgage. They made every step of the mortgage process easy for me by explaining my options, preparing me for each step and providing me with friendly patience. I have referred friends that are in the market to buy. I know they will be in good hands with Len and Michelle.- Vallerie M.
As first time home buyers taking on a 203k, we understand our process was not typical, and Len and Michelle were ready to answer or return every phone call within minutes, walk us through the process and numbers, and even go up to bat when coordinating with our closing team, including realtors, lawyers, consultants, and contractors.- Mark R.
Len and Michelle were very personable and always willing to help. I was extremely happy with the amount of care and attention I received and they could not have made my first home buying experience any easier. Thank you Len and team for the great experience. I strongly recommend this team to everyone!- Christopher D.
I didn't have to do anything really besides provide requested documents. All the work was done by Len and his team. If I asked a question, I had an answer within 24 hours.- Matthew K.
Having someone that you know and trust makes all the difference. Len, Michelle and the team are excellent to work with. I would highly recommend them to anyone. Thanks for the great service, as always.- Christopher N.
Len, Michelle and their entire team are exceptional. We are so pleased with their quick response, attentiveness, and professionalism. They guided us through the entire process and kept us informed the entire time. We closed quickly and are very pleased with the end results.- Michael M.
Len has worked with us for quite some time before we bought. Len is very professional. I would recommend First Centennial Mortgage to anyone I know who needs this service.- Sue W.
The overall experience was satisfying and turned out well in the end. This is due to the great experience of Len and Michelle.- Brian C.
We thought we would never be able to purchase a home again because of a pervious foreclosure. Len and his team were always there for us and very helpful and knowledgeable.- Eugene G.
Len and his team were very efficient, always answered my questions. I felt they were on my side and helped me understand every part of the process.- Christopher N.
Everything was smooth, fast and easy. I would highly recommend First Centennial Mortgage! Knowledgeable, fast, friendly!- Jonathan W.
Calculate Your Loan
Need a few moments to crunch some numbers? Our easy-to-use calculator will help you get a basic visual of a mortgage payment to help you decide what you can afford.
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Total Interest Payable
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Types of LoansWhich type is right for you?
First Centennial Mortgage offers a full menu of loan products. Whether you are buying your first home, moving up to a nicer home, relocating or want to refinance your current home, we have a loan that will fit your needs. To get started, contact me online or call 630.395.7517 to get in touch.
Fixed-rate home loans are the most common type of home loan in the mortgage industry. This option is low-risk and gives you predictable monthly principle and interest (P&I) payments for the next 15 or 30 years, depending on which loan term you choose. Fixed-rate loans are reliable for long-term owners ready to settle in one place for a long period of time.
An adjustable rate mortgage (ARM) is ideal for borrowers who plan to move within five years. ARMs take advantage of a low "introductory" interest rate so the loan stays at the same rate typically for 5, 7 or 10 years. Once the introductory period expires, the interest rate changes with the movement of an "index" (major interest rate). Following this movement, the amount of monthly interest either increases or decreases.
Conventional home loans are not backed by a federal agency, such as the U.S. Department of Veteran Affairs, U.S. Department of Agriculture or Federal Housing Administration. Conventional loans are idea for people with a stable job, income and good credit. Conventional home loans are more flexible in their terms and have fewer restrictions compared to government-backed products.
Federal Housing Authority (FHA) loans are government assured and are ideal for people with limited income or money for a down payment. These loans typically help first-time homebuyers, seniors or others with limits on what they can afford.
Jumbo home loans are considered non-conforming mortgages. They are for purchases with a loan value above the federal standard of $484,350, although that number varies based on location. For a home with a purchase price above this limit, a jumbo loan is needed.
Veterans Affairs (VA) home loans are a great benefit to military personnel during and after their service. These loans are partly guaranteed (typically a quarter of loan value) by the U.S. Department of Veterans Affairs.