American Financial Network

I am Jim Haley, Senior Loan Officer, NMLS #: 224707, at American Financial Network, Inc., with substantial experience in the mortgage industry. I am dedicated to serving the needs of homebuyers and homeowners in the Chicago area. In my 13 years of dedicated service, I have worked with homebuyers and homeowners to find the right loan to fit her/his/their needs!

Our job isn't just to find you the best home loan that suits your financial needs, but to educate our customers on answering their questions about specific mortgage products, issues or current trends. From the basics on interest rates, down payments and insurance, to sellers' concessions and details on new housing legislation, we've included here some answers to your most frequently asked questions.

You've made it this far through the mortgage process, which means you've been proven to have exemplary credit, and that lenders are eager to loan you the funds needed to purchase your new home. But sit tight and be patient. There's still a 45- to 60-day closing process - a time to hold off on major purchases or lifestyle changes that could adversely impact your finances, your credit, or the interest rate approved for your new mortgage.

Any information you provide us through our website is 100-percent secure and private. We don't share client info with anyone, except with your explicit permission. We ask because providing your information to mortgage lenders can help your chances of being approved for a home loan with the lowest interest rate possible.

Please contact us with any questions. This is a quick guide on your loan option, however, we can answer any specific questions you may have. An informed mind makes the best decision. We're here to help. Risk of foreclosure if you cannot make balloon payment or if you cannot refinance or if you cannot exercise the conversion option.