About us
Business highlights
32 years of trusted experience
Services we offer
Reviews
3.85 Reviews
Showing 1-5 of 5 reviews
PEARL R.
11/2005
mortgage broker
 + -1 moreWE APPRECIATED THE PERSONALIZED SERVICE, AND THAT OUR LOAN OFFICER REALLY DID HIS BEST TO WORK AROUND OUR SCHEDULES. WE THOUGHT THERE WAS GOOD COMMUNICATION, AND WE WERE NOT SURPRISED BY ANY UNFORSEEN CHARGES.
Description of Work: WE GOT OUR HOME MORTGAGE THROUGH THEM, AND WE ALSO REFINANCED A COUPLE TIMES.
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Yes, I recommend this pro
LAURA R.
12/2004
mortgage broker
 + -1 moreWE HAD PUT IN OFFERS ON 3 PIECES OF PROPERTY THAT ALL FELL THROUGH. IT WAS THE 4TH THAT CAME TOGETHER. OUR LOAN OFFICER WAS GAVIN BEAL, WHO WE WERE VERY HAPPY WITH. THERE WAS A PROBLEM WITH A RATE THAT CAME THROUGH A LITTLE HIGHER THAN WE PLANNED OR EXPECTED AT THE END WHICH WE FEEL WAS DUE TO A DELAY ON THEIR PART. OTHERWISE, GAVIN WAS EXTREMELY PROFESSIONAL AND ALWAYS RETURNED CALLS QUICKLY AND ANSWERED ANY QUESTIONS WE HAD.
Description of Work: THIS COMPANY HANDLED OUR MORTGAGE AND WE WERE VERY PLEASED.
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Yes, I recommend this pro
Lisa C.
06/2002
mortgage broker
 + -1 moreMAKE THEM PROVE TO YOU THAT THERE IS NO PREPAY PENALTY CLAUSE BEFORE YOU SIGN ANYTHING!
Description of Work: IN THE FALL OF 2000, WE USED THE MORTGAGE EXCHANGE FOR A REFINANCE OF OUR EXISTING LOAN. THEY PROMISED US A MUCH BETTER RATE, AND WE THOUGHT WE WERE GETTING A GOOD DEAL. BUT AT THE CLOSING, THEY SLIPPED IN A PREPAYMENT PENALTY CLAUSE TO THE CLOSING DOCUMENTS WITHOUT TELLING US IN ADVANCE. WE UNWITTINGLY SIGNED IT, AND IT HAS COST US OVER $7000 TO GET OUT OF THIS LOAN. BUYER BEWARE!! DO NOT SIGN ANYTHING WITHOUT READING FIRST!! WE ARE VERY ANGRY AT THIS COMPANY AND WILL NEVER USE THEM AGAIN.
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08/2001
mortgage broker
 + -1 moreTHEY WERE VERY EFFICIENT, NICE AND PROFESSIONAL.
Description of Work: REFINANCED
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Yes, I recommend this pro
MK L.
08/2001
mortgage broker
 + -1 moreTHEY ARE GREAT.
Description of Work: TWO REFINANCED
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Yes, I recommend this pro
Contact information
1 TRANSAM PLAZA DR # 550, Villa Park, IL 60181
www.mortgagerateillinois.comLicensing
Bonded
Insured
State Contractor License Requirements
All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.
*Contact business to see additional licenses.
Service Categories
Mortgage Companies
FAQ
MORTGAGE EXCHANGE is currently rated 3.8 overall out of 5.
No, MORTGAGE EXCHANGE does not offer free project estimates.
No, MORTGAGE EXCHANGE does not offer eco-friendly accreditations.
No, MORTGAGE EXCHANGE does not offer a senior discount.
No, MORTGAGE EXCHANGE does not offer emergency services.
No, MORTGAGE EXCHANGE does not offer warranties.
MORTGAGE EXCHANGE offers the following services: HOME PURCHASE, REFINANCE, REDUCE DEBTS.
Contact information
1 TRANSAM PLAZA DR # 550, Villa Park, IL 60181
www.mortgagerateillinois.com