Thompson Kane & Company Illinois

Thompson Kane & Company Illinois Photo
38730 N Deep Lake Rd
Lake Villa, IL 60046
Phone: 262-661-3492
Fax: 847-348-8159
Manager: David Garcia


Mortgage Loan Lake Villa IL | Home Loans Lake Villa IL

APPLY NOW Mortgage Loan Lake Villa IL | Home Real Estate Loans in Lake Villa IL

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Getting Started with your Lake Villa Home Mortgage

Cost of Living in Lake Villa, Illinois

Our cost of living indices are based on a US average of 100. An amount below 100 means Lake Villa is cheaper than the US average. A cost of living index above 100 means Lake Villa, Illinois is more expensive.

Lake Villa cost of living is 116.5

Housing is the biggest factor in the cost of living difference.

Open-House-pre approval home loanMake your DREAM home YOUR home! And let us help! 

At Thompson Kane, we want you to understand the very important steps toward home ownership and have prepared a step-by-step guide.  This guide does not replace our one-on-one customer service that we take great pride in, but it will give you an idea of how we navigate from day one to closing day.

Stage 1: Pre-Approval

Getting Pre-Approved is a must.  Your Loan Officer will gather some basic information to determine how much you can borrow, program options such as Fixed Rate, AdjustableVA, USDA or FHA and an estimate of your monthly payment. 

To get started, click APPLY NOW or reach out to one of experienced Loan Officers.  


Once the Loan Officer determines you are eligible, they will issue a Pre-Approval Letter.

This letter gives you negotiating power which is very important is this very fast moving real estate market.

It proves to the seller that you are a serious, qualified buyer who can act fast. Learn more by visiting the links below.

“Getting Preapproved”

Get a Quote or Pre-Qualify

1st Homebuyers Answers

Step 2: Find a Illinois Real Estate Agent 

Using the services of a Lake Villa IL Real Estate Agent will be one of your best resources as you search for a home.  They are knowledgeable in contract negotiations as well as finding that perfect home for you!  Ask your Loan Officer for agent referrals in the Lake Villa IL area.

Step 3: Find THE Home

With a Pre-Approval, Lake Villa Area Real Estate Agent, its time to find your home.

Mortgage Loans Lake Villa IL Home Purchase Loan Real Estate Financing

Step 4: Gather and Provide Requested Documents

At this point, your Loan Officer may have already requested documents such as your W2s and paystubs.  You will now be asked to submit all documents so your file can move into the underwriting stage.  Download our mobile app to use the scanner tool to upload your documents. Download Our Smart Phone App

submit to underwriting - pre approval vs pre qualified

Step 5:  Submit to Underwriting

The full loan package is now being underwritten.  An appraisal will now be ordered and closing dates and times will be confirmed.  Your Loan Officer will work with you and the underwriting team to clear all conditions.  Once that has been completed, you are CLEAR TO CLOSE! 

Step 6:  Signing Day

This is the day you have been waiting for!  Your Loan Officer and Real Estate agent will meet you at the title company for your closing. A closing agent will go over all the closing documents with you and notarize them as you sign.  Once all parties have signed, you are officially a home owner!  CONGRATULATIONS!

mortgage loans Lake Villa IL real estate mortgage loan

VA, USDA, FHA, Bank Statement Home Mortgage Loans Lake Villa

30 Year | 15 Year | ARM | FHA | VA | USDA | Jumbo

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