With so many home loan options to choose from, it can be difficult to choose the most suitable type of mortgage loan for both your current financial situation and your long-term goals and objectives. However, with Blackhawk Bank at your side, you’ll find the perfect plan to meet your needs. We offer a wide range of different options, from fixed-rate and adjustable-rate solutions to FHA and VA loans. Give us a call today to learn more about the types of home loans we offer and we’ll help you choose the one fit for you.
- Adjustable-Rate Mortgage
- Fixed-Rate Mortgage
- FHA
- VA
- USDA
- First-Time Homebuyer
- Construction & Land
- Hometown Champs
We’re your trusted mortgage providers
When we issue you a commitment letter, the deal will close. You can go on with your life, confident that your new property purchase will go smoothly. When we commit, you close. Guaranteed. Or we'll pay you $1,000.00.
Our Home Loan Guarantee is unparalleled for everyone involved in the process of buying and selling a property.
- Buyers, once you’ve done what you need to do (we guide you all the way) and you’ve received a commitment letter from us your home loan in Illinois or Wisconsin will close.
- If you’ve made any of the following statements, it’s time to talk:
- “I’m paying such a high amount for rent; it’s really time to consider buying my own house.”
- “The process is complicated; I don’t know where to start.”
- “I’ve heard of banks and companies that drop the ball; the process takes months.”
- “Some of my friends got all the way to the closing and the deal fell apart. They lost out on their dream property because of delays at a big bank."
- Sellers love the guarantee from our mortgage loan providers – deals don’t fall through.
- Realtors, since you don’t get paid unless this type of mortgage loan closes, you'll really appreciate this guarantee!
Easy escrow payment with our mortgage loan options in Wisconsin & Illinois
Many customers prefer that their property taxes and homeowner’s insurance be rolled directly into their monthly home loan payment. These added payments in these types of mortgage loans are separated from your balance and placed into an escrow account for the bank to pay when your insurance and taxes are due. As an established lender, we know the details of when property taxes are due and where they are to be sent. This allows us to be diligent in making sure that we have taxes paid when they are due. In addition, we have the capacity to remain actively involved in the payment of homeowner insurance policies.
If you have questions about your mortgage loan options, one of our representatives is just a phone call away. Better yet, you can stop by any of our banking center locations to speak with someone in person. We resolve and answer questions in a timely manner, which helps you get what you need faster. If you would like to experience the benefits of this type of mortgage loan, contact one of our qualified and dependable lenders today.Frequently Asked Questions
What is a fixed-rate mortgage?
A fixed-rate mortgage is a type of home loan where the interest rate remains constant throughout the entire term. This means your monthly payments will also remain the same, providing stability and predictability over time.
What is an interest-only loan?
An interest-only solution is a type of mortgage loan where you only pay the interest portion for a specified period, typically 5 to 10 years. After the interest-only period ends, it converts into a traditional amortizing home loan, and you start paying both principal and interest. This type of solution may be suitable for borrowers who want lower initial monthly payments or have short-term plans for the property.
How do I apply for a home loan?
Applying for a home loan in Illinois and Wisconsin is simple and straightforward with our bank. You can start by visiting our website to review our mortgage loan options, including fixed-rate and adjustable-rate solutions. Once you have reviewed the types of home loans, you can begin the application process online or by meeting with one of our planners in person. Our planners will guide you through the application process and ensure that you have all the necessary documentation to secure a home loan.
What is an example of an escrow payment?
An escrow payment is an additional payment that is added to your monthly home loan payment for your type of mortgage loan option in Wisconsin or Illinois. This payment is used to cover expenses such as property taxes and homeowner’s insurance.
We offer escrow payment options to our clients as a convenient way to manage these additional expenses. When you make an escrow payment, we set aside the funds in a separate account and then pay the expenses on your behalf when they are due. This ensures that you never miss a payment and that your property taxes and homeowner’s insurance are always up-to-date.
How do I find reliable mortgage providers near me in Illinois and Wisconsin?
Blackhawk Bank is a safe and dependable choice for clients looking to find streamlined mortgage loan options when buying a property. We are committed to providing exceptional service and competitive rates to help you achieve your homeownership goals. Feel free to review the mortgage loan options, including:
- Efficient fixed-rate solution
- Comprehensive adjustable rate
- Streamlined FHA solution
- Special and customized VA deal
- Safe USDA payment
- First-time homebuyer deal
- Reliable construction & land solution
- Detail-oriented hometown champs deal
Our team of experienced professionals is here to guide you through the process and answer any questions you may have. Contact us today to schedule a consultation. We look forward to helping you find the perfect home loan to fit your needs and budget. Let us help you make your dream of homeownership a reality.