5/1 ARM Mortgage Loan Approved on $1.2 Million Ravenswood Home

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Name: Simon Stein
Office: Chicago - Ravenswood
Property Description: 4 bed/ 4 bath in Chicago - Ravenswood
Appraised Value: $1,200,000
Amount Borrowed: $960,000
Loan Term: 5/1 ARM
Rate: 4.0%

Story: These borrowers were more than qualified, but with this being a big money loan short sale, the bank allotted a one week period to prepare and close. Mr. Stein worked tirelessly with all parties and was able to get the loan approved and close within the week allotted by the bank.

In thanks to the hard work and dedication of Simon Stein, these borrowers are now living in the plush home they so desperately desired.

 

Contact the Banker:

Simon Stein - 4619 N. Ravenswood Ave Chicago, IL

Phone 773.303.0265

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