Unlock the Power of Your Home: Up to 90% Loan-to-Value Home Equity Options
Access Funds Without Sacrificing Your Low First Mortgage Rate
Self-employed? Use Bank Statements as Income Proof
What Our Clients Are Saying
Communication and transparency are cornerstones of how we get home loans done for you, our client. People turn to Prime Choice for a quick, hassle-free mortgage experience.
Convert part of your home’s equity to cash without altering your low first mortgage rate.
- Fast Digital HELOC: Fully Automated, Unlock Your Home’s Equity in 7 Days
- Fixed rates, predictable payments, higher loan limits (HELOAN)
- Unlock up to 90% of your property’s appraised value
- Get financing from $75,000 to $550,000
- Flexible terms: 10, 15, 20, and 30 years
- Self-employed? Use Bank Statements as Income Proof
- Use the funds for home improvements, education, or other major expenses
- Potential tax benefits on interest payments (consult your tax advisor)
- No impact on your existing mortgage terms
- Competitive interest rates compared to personal loans or credit cards
Cash-Out Refinance
Use part of your home’s value to fund projects with one new monthly payment.
- 10 to 30 year term
- Get financing by using up to 80% of your home’s value
- Up to 100% of your home’s value on VA loan
- Get one fixed interest rate and payment
- Consolidate high-interest debt into a single, lower monthly payment
- Improve your home’s value through renovations and upgrades
- Access funds for large expenses like education, medical bills, or investments
- Potentially lower your overall interest rate compared to existing debts
- Flexible options tailored to fit your financial goals
- Maintain tax benefits associated with mortgage interest (consult your tax advisor)
Buy a home
If you’re looking to buy a home, we have a range of solutions available for you.
- VA Loans up to 100% LTV
- Low Down Payment FHA Loans
- Conventional Loans with LTV up to 97%
- Programs for Self-Employed & Gig Workers
- No Income Home Loan for Primary Residence
- First-Time Home Buyer Program
- Down Payment Assistance Program
- DSCR Rental Investment Property
- Non-Agency Programs with flexible qualification criteria
- Programs for Foreign Nationals / ITIN
- Jumbo Loans for High-Value Properties
- CalHFA Program
- Temporary Interest Rate Buydown available
- USDA Loans for Rural Areas
- Manufactured Loans
Since 2007, Prime Choice Funding, a top mortgage broker, has been partnering with over 50 top lenders to secure great rates and loan products for homeowners in Illinois. Our comprehensive range of solutions supports home purchases, refinancing, and accessing home equity. We cater to homebuyers’ needs with programs like Down Payment Assistance (DPA), zero down, or as little as 3% down options, alongside flexible solutions for purchase or refinancing for self-employed individuals and business owners, including bank statement loans, no income verification loans, investment loans, and other non-QM loans.
Our expertise in conventional, VA, FHA loans, reverse mortgages, and non-agency loans is tailored to various financial situations. Our knowledgeable team simplifies the mortgage process, offering personalized support and competitive rates.
Need extra cash? Explore our home equity solutions, such as Home Equity Loans (HELOAN) and Home Equity Lines of Credit (HELOC), which allow borrowing of up to 90% loan-to-value for renovations, debt consolidation, or other financial goals. Our team is standing by, reach out to us today!
Why Prime Choice?
At Prime Choice Funding, our focus is on meeting the unique requirements and preferences of our customers when it comes to finding the perfect loan option. With a team of highly experienced Loan Officers and dedicated Operations professionals, we are committed to assisting homeowners in realizing their financing goals. Our mission is to deliver exceptional service and empower homeowners to achieve their financial aspirations.
Discover financial empowerment with Prime Choice Funding’s diverse loans, designed for homeownership and investment success, supported by expert guidance.
- Loan Programs for Self-Employed & Gig Workers: Unleash your entrepreneurial potential with our custom-designed financing solutions. Qualify through bank statements and more, crafted just for business owners and freelancers.
- Down Payment Assistance for First-Time Buyers: Explore programs designed to help first-time homebuyers with down payments, alongside other eligible programs.
- No Income Verification Home Loans: Simplify your path to homeownership without traditional income verification.
- Cash-Out Refinancing vs. Home Equity Loans: A comparison to help you choose the right option for leveraging home equity.
- FHA and VA Loans: Government-backed loans with lower or no down payment options for eligible buyers, including veterans.
- Investment Property Loans: Financing options crafted for real estate investors to maximize investment property potential.
Rest assured, with Prime Choice Funding’s comprehensive selection of loan solutions and dedicated support, we’re here to back every step of your financial journey, making sure your path to homeownership and investment prosperity is clear and well-supported.