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Eric Whitelaw brings nearly 25 years of lending experience and has worked in every facet of the mortgage industry, including residential and commercial lending and a focus on luxury lending.
He takes a consultative approach in order to build strong relationships and create stress-free mortgage experiences. He specializes in working as a team with customers’ financial advisors, real estate attorneys, and REALTORS® to close transactions.
Eric, who has a B.S. in finance from Miami University, Oxford, Ohio, and lives in Park Ridge with his wife and four children, enjoys Cubs games, outdoor adventures in Wisconsin, and biking to the Chicago Botanic Garden.
| Product | Rate | APR* |
|---|---|---|
| 30-Year Fixed | 6.875% | 6.953% |
| 15-Year Fixed | 6.375% | 6.500% |
| 10-Year Fixed | 6.000% | 6.176% |
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.
| Product | Rate | APR* |
|---|---|---|
| 7/1 ARM | 6.625% | 6.936% |
| 5/1 ARM | 6.375% | 6.894% |
*Annual Percentage Rate. **Click for details.
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