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f you're in the market to buy a new home, you're not alone. According to the U.S. Census Bureau, homeownership at year-end 1997 was at a record 66 percent.* This may be due to the fact that interest rates are at their lowest level in over 30 years -- a factor that's motivating millions to purchase new homes or refinance their current ones. No matter what your home-financing need, we can help you obtain the home or mortgage payment that you desire. LaSalle Home Mortgage Corporation is one of the largest lenders in Illinois, and has over 70 years of valuable experience to assist you in finding the home loan that's right for you:
Competitive mortgages. Keeping low interest rates and tax-free capital gains on the sale of your current home in mind, now may be an ideal time to purchase a new home. To make the home-buying process easier for you, we can help you determine how much house you can afford before you begin your search with our Pre-qualification and Pre-approval Programs. Plus, if you're a first-time homebuyer and meet certain criteria, you can apply for a special First Time Homebuyer Program, which provides long-term fixed-rate financing. We also offer a variety of loans, including adjustable- and fixed-rate programs, as well as jumbo, biweekly and balloon mortgages to suit your needs.
Refinancing options. If you already have a mortgage, you may benefit from acquiring a new loan at a lower interest rate and paying off your existing high-rate loan. By refinancing, you can significantly reduce your monthly payments and reduce the overall interest cost of your loan, thereby saving potentially thousands of dollars in interest payments. And because each individual situation differs, we can help you determine what type of refinancing is right for you.
For more information on finding a loan that's best for your home and future, call 1-800-356-2601 to set up an appointment with a LaSalle Mortgage Specialist today or contact us.
*Source: Real Estate Outlook, December 1997.

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