AREAS OF EXPERTISE:
Types of Buyers: First-time homebuyers, move-up buyers, second home purchasers and investors
Products: Residential Fixed-Rate, ARM and Jumbo Loans
Geography: Entire State of Illinois primarily focused on Cook County
Check Rates Or, scroll down to view featured rates.
In her 20 years of banking, Svetta has served in numerous roles. Those include being a small business specialist, new employee trainer, a top mortgage originator in her role as a banker, and currently a loan officer.
Having been part of the Liberty Bank family for the last eleven years, she has gotten to know the community and understands Liberty Bank customers’ needs well. “What I value most about Liberty is its strong commitment to reinvesting in the communities that we serve. I enjoy being part of the homebuying journey and helping clients purchase their dream homes,” says Svetta.
As a first-generation immigrant, Svetta came to the United States at the age of 14. A self-described foodie, she enjoys exploring new restaurants with her husband and their 14-year-old son. She also has a passion for photography, which Svetta especially enjoys while traveling.
“I initially found Liberty on Bankrate.com. You had the best interest rate with no points and a branch near my home so I could do everything in person. Kind of old school but I like it that way. The lending team did a great job to make the process smooth. They were friendly and accessible, providing immediate responses to my questions and detailed explanations of the process and what was needed. Svetta came to the closing even though my loan was an easy-as-cake deal. She still showed up for support which was unexpected. As a realtor, customer service is very important to me and I’ve already referred her 3 clients.”
| Product | Rate | APR* |
|---|---|---|
| 30-Year Fixed | 6.500% | 6.590% |
| 20-Year Fixed | 6.125% | 6.242% |
| 15-Year Fixed | 5.875% | 6.020% |
| 10-Year Fixed | 5.750% | 5.955% |
The information provided assumes the purpose of the loan is to purchase a property, with a {down_payment}% down payment for a loan amount of ${loan_amount} and an estimated property value of $437,500. The property is located in Chicago, IL and is within Cook county. The property is an existing single-family home and will be used as a primary residence. An escrow account is required. The rate lock period is 60 days and the assumed credit score is {credit_score}.
At a {rate} interest rate, the APR for this loan type is {apr}. The payment schedule would be:
Terms subject to credit approval. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.
*Annual Percentage Rate. Click product name for details. Equal Housing Lender, NMLS# 787575.
| Product | Rate | APR* |
|---|---|---|
| 7/6 SOFR ARM | 6.250% | 6.442% |
| 5/6 SOFR ARM | 6.000% | 6.369% |
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7/6 SOFR (*) ARM: At a 6.250% interest rate / 6.442% APR, with a 740 credit score and a 20% down payment on a property with an estimated value of $437,500 and a $350,000 loan, the payment schedule would be: 84 payments of $2,155.01 and 276 payments of $2,197.11 based on the fully indexed rate and margin of 6.500%. ARM rate fixed for 7 years, adjusts semi-annually thereafter and is subject to an initial interest rate adjustment cap of 5.00%, and a 6-month adjustment cap of 1.00%, and a lifetime adjustment cap of 5.00%. Terms subject to credit approval. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.
5/6 SOFR (*) ARM: At a 6.000% interest rate / 6.369% APR, with a 740 credit score and a 20% down payment on a property with an estimated value of $437,500 and a $350,000 loan, the payment schedule would be: 60 payments of $2,098.43 and 300 payments of $2,192.98 based on the fully indexed rate and margin of 6.500%. ARM rate fixed for 5 years, adjusts semi-annually thereafter and is subject to an initial interest rate adjustment cap of 2.00%, and a 6-month adjustment cap of 1.00%, and a lifetime adjustment cap of 5.00%. Terms subject to credit approval. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.
(*): Secured Overnight Finance Rate
