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Egan Financial Group LLC is a data-driven mortgage banking company dedicated to educating homebuyers. We offer low rates, personalized service, area demographics, property reports, and expert answers to mortgage FAQs.
A novel mortgage banking concept-don’t overgrow the company! Keep costs low so we can offer lower rates. It’s as simple as that: Don’t sponsor stadiums, don’t bring in venture capital, don’t bring in middle management. Egan Financial Group LLC is a licensed, self funded Mortgage Banking company that is built to save you thousands!
This is the top question I hear – and I get it. You might think bigger mortgage bankers or a big bank might have more ability or advantages to get your loan done than a smaller mortgage bank like Egan Financial Group LLC has. Nothing could be farther from the truth!
All that size, management layers, and advertising means that the bigger places have no choice but to pass on those costs to you via higher rates. That is what you’re getting with the big companies-higher rates. That’s it! I’ll close your loan faster, I’ll close your loan with a better rate and I’ll close with a more personal touch!
How do I know this is true? I was at a large mortgage bank for ten years and before that, I owned a mortgage broker company for 13 years. So, knowing the limitations of being a broker only company (where you close in an investor’s name) and the higher rates that the big box lenders offer, I decided to structure Egan Financial Group LLC as the best of all worlds.
We are a mortgage banking company which means that we originate, approve, underwrite, close and fund loans in our own name-this means better closing speed, flexibility and lower rates. In addition, we have key broker relations for specialty loan products if your situation calls for them.
You might still have your doubts, a bigger company might feel ‘safer’. I can tell you that loan officers at the big box lenders wish they could offer the rates I can offer you. You don’t have to blindly trust what I am saying here; just compare your rate with ours!
Corporate Headquarters located in the Beautiful Aon Center Building in Chicago
We underwrite your file in house. We don’t send your loan to far flung, impersonal underwriting hubs. Our goal is to make sure your file is approved in the beginning so underwriting is a simple verification process, not a nail biting waiting period.
Our closing dept is in house too. Why does that matter? We can create closing paperwork faster than sending the file to a large closing department and waiting days for your docs. This means you can confidently make offers to sellers who want to close fast. In this market, that is key-ask your Realtor if this is true!
Egan Financial Group is funding your loan in house too. We control the wire process with the title company. This means faster closings. No more waiting for hours for funding. You’re in and out of your closing 25% faster.
Contact us for a free quote today!