The amount a lender is willing to lend to financing your purchase factors in your ratio of debt to income, among other things. A measure of creditworthiness of an individual, FICO scores are widely used by most lenders in their credit decision. Generally, down payment requirements are made with funds the borrower has saved or from a gifting donor.
Services
Crown Mortgage Company is Chicagoland's premier mortgage banker since 1975. We have helped thousands of families achieve the AMERICAN DREAM. What is unique about Crown Mortgage is that we are your lender throughout the life of the loan, from application until your last payment is made. We offer a level of personal attention that you cannot get from larger lenders.
Crown Mortgage saved our dream home. We looked for a home that our family could grow in for almost 8 months and found our dream home. We put in an offer and it was accepted! Because the home was a foreclosure and the boiler could not be started, the other lender refused to close. We were heartbroken.
Thank you for being a Crown customer. Whether you refinance or sell your current home or purchase a new home, Crown is committed to helping make you and/or your family's experience enjoyable. Crown Mortgage Company appreciates its clients' loyalty and referrals, and offers a Customer Appreciation Program.
Have you ever lost a commission because the financing fell apart? Or had a mortgage company issue a pre-approval, spent weeks underwriting the loan, only to waste your time and ultimately not close the transaction? Would you prefer a mortgage partner versus a mortgage vendor?
Crown Mortgage provides a simple and timely underwriting process, a verbal loan commitment in 30 minutes and a written loan commitment in 1 hour - Guaranteed! Crown Mortgage is committed to helping realtors to grow their business.See if you qualify to be a Crown Realtor Partner.
Crown Mortgage provides a simple and timely underwriting process, a verbal loan commitment in 30 minutes and a written loan commitment in 1 hour - Guaranteed! Crown Mortgage is committed to helping realtors to grow their business.See if you qualify to be a Crown Realtor Partner.
We process, underwrite, fund and service your loan right in our corporate office in Oak Lawn, just west of Chicago, Illinois. Crown Mortgage can approve your application in one hour and provide a fully underwritten mortgage commitment ensuring your loan will close on time. Furthermore, Crown can close in 10 days.
Reviews (17)
Roy Augustine
Dec 31, 2021
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Richard Schmitt
Dec 29, 2021
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Crown Mortgage was recommended to my wife and me. We have worked with Jeff McGrath and his staff from the beginning and were never dissatisfied. He was always quick to assist me or answer my questions. When I had weather related house damage, he assisted with the insurance claim.
I highly recommend him and his staff.
I highly recommend him and his staff.
Cheryl Kroon
Dec 22, 2021
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I worked with Jeff McGrath from Crown Mortgage on my original loan back in 2009 and had a great experience with him. I just went through a refinance and had the same professional experience with him that I did back in 2009. Shows how great Crown Mortgage is for keeping long-term employees. Thanks Jeff for all your help.
Jennifer O.
Dec 17, 2021
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Jeff Coole is not only great for closing your mortgage and making sure you are getting the best deal, he also truly cares about you and your family. He works hard and makes sure the transaction is seamless with no surprises. He is great with communicating and responds in a timely manner. I have use Jeff for a few mortgages and also a refinance and would definitely recommend and use him again.
John Famera
Dec 16, 2021
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We recently completed our cash out refinance with Jeff Coole from Crown Mortgage. We couldn’t be happier. Jeff was there every step of the way to hold our hand and help. He was courteous , helpful, and informative. He answered all questions promptly and concisely.
My wife and I are extreme satisfied with the service Jeff provided and would gladly recommend him to anyone.
My wife and I are extreme satisfied with the service Jeff provided and would gladly recommend him to anyone.
Grace Anati
Dec 02, 2021
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It has been a great pleasure to work with Jeff Coole from Crown Mortgage Company! Jeff was very professional, knowledgeable, and most importantly efficient especially in this housing market (sellers were impressed how efficient he was). As a first time homebuyer, his customer service is more than I could ask for. He was very patient and spent time explaining everything I needed to know about the process to make me comfortable. He was always available when I had questions (and I had a lot of them) and answered them promptly. Aside from that, I think Jeff is very genuine and trust worthy. I am very
Sharee Lockett-Yates
Nov 26, 2021
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I would highly recommend using Nick from Crown Mortgage when it comes to buying or refinancing a home. Nick is a true asset to Crown Mortgage. He is professional, knowledgeable, patient, and have people skills. I explained my situation to him to find out my options due to this being the my first time and Nick informed me what was the best option and has been with me every step of the way from the beginning to the end. Nick will promptly answer any questions you may ask and will take the time to explain anything you may not understand whether it is by phone or email and good at following up.
Thank
Thank
Bruce Heinz
Nov 14, 2021
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This Company is outstanding, And so is their staff! Buying a house is one of the most stressful things to do in life, and these people keep things moving forward seamlessly. Polite, Professional, Courteous, Timely, Steadfast, Proficient, Reliable, and a genuine enthusiasm to help their clients. I would highly recommend using them for your mortgage!
Anthony Anikwe
Nov 03, 2021
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Suzanne Hodorowicz
Mar 19, 2021
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Dealing with 3 mortgages and Jeff McGrath as the loan officer was AWESOME!!! I would reccomend doing business with him and Crown Mortgage. Hes always available to answer questions and very transparent about what needs to be done to get the Best rates and mortgage for us!! Its very personal banking needs. Not a big corporation that you feel like just a number. Thanks Jeff McGrath for all you do!! Suzanne Hodorowicz
Gio Angotti
Jan 02, 2021
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Jeff Troxel
May 08, 2020
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Thank you Crown Mortgage and Jeff Coole for being so calm and professional throughout this stressful time. Jeff Coole was excellent to work with as he would always make us feel at ease. He responded quickly and completely to our questions. He was careful to ask about the full circumstances of our needs, presented all good options that applied to us and suggested the option that best fit our needs. 5 Star! Thanks again Jeff Coole and Crown Mortgage for getting it done well!
Joe Glotz
Apr 22, 2020
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We would really thank everyone at Crown Mortgage for making our dream home become a reality. We worked with Jeff Coole from the start and we couldn’t have been more impressed with his professionalism and how he genuinely cared for us. All of his communication was prompt and he always took the time to answer all of our questions. As a first time… home buyer, Jeff really helped to simplify the process for us. We couldn’t recommend working with Jeff and Crown Mortgage enough. Even in this very difficult Corona Virus season, Jeff was there to reassure us and give us confidence we
Jennifer Wawryk
Sep 08, 2019
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Crown Mortgage is the diamond in the rough. They are kind people who really have your best interest in mind. They understand that everybody and everyone's situation is different and they do everything they can to really help you in whatever situation you are in. And Jeff McGrath is amazing. They do not sell your loan so you never have anything to worry about with the back and forth. I would never go anywhere else for a mortgage. A crown indeed!
Tom Wold
Aug 27, 2019
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Margy Gosia
Aug 20, 2019
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Christine Delvecchio
Jun 19, 2019
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I have used Crown Mortgage to purchase my last 4 homes. Crown Mortgage is a great company. Jeff McGrath is a great loan officer. He is very knowledgeable and knows what he is doing. His secretary is just as good and knows to to keep things running smooth. Everyone should be so lucky to have a working pair like them. I would highly recommend Crown Mortgage as the company to go to for a mortgage.