Wilmette, IL (PressExposure) February 21, 2012 -- Dimension Mortgage Corp. announces that it has begun to offer a wide variety of residential and commercial mortgage products to Illinois residents and investors.
Based in Wilmette, one of Chicago's North Shore suburbs, Dimension Mortgage's partnerships allow it to provide a wide variety of loan products at very competitive rates. It obtained its Illinois license in 2011 but its lead by and uses loan officers with years and years of experience.
"We've started to see the signs of stabilization in the housing market. Mortgage loans are available at very low rates. That means that now it is a great time to buy or refinance a home," says Dan Bujor, president of Dimension Mortgage. "Our loan officers are excited by the opportunity to help homeowners and would-be homeowners in Illinois take advantage of the low rates by getting them fixed or adjustable-rate mortgages that best suit their specific financial situation and goals."
"Think about it. A few years ago, rates for people with good credit were 7% or higher. Now they're around 4%. That means that a $200,00 mortgage loan, for instance, used to cost $1330.60 a month (just principal and interest, 7%) and now the same $200,000 costs $954 a month (just principal and interest, 4% interest rate)."
"That's almost $400 less a month. A lot of home owners can save a lot of money," Dan Bujor stated. "Even refinancing smaller loans can add up to tens of thousands of dollars saved over the life of a loan."
Dimension Mortgage offers conventional, jumbo, FHA, and commercial mortgage loans, loans for multi-family buildings, as well as equity lines of credit. Always at very competitive rates especially compared to those offered by banks, be they local or national.
Illinois residents interested in obtaining a new mortgage or refinancing an existing one should contact Dimension Mortgage Corp. at (847) 235-6280 or visit http://www.dimension-mortgage.com.