Our team is committed to providing our clients with the highest quality financial services possible, combined with competitive rates for your area. We will work with you one-on-one to tailor a financial solution that is specifically suited to meet your financing needs. Whether you are purchasing your dream home, refinancing a current loan, or consolidating debt, our highly experienced team can help you find the right loan program, no matter what your needs are. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
Buying a house can be stressful. Karth was absolutely amazing with keeping me stress free and up to date on all the info. He is a true professional. I'm convinced that he is an expert at what he does. I would highly recommend Karth and his team to anyone of my friends.- Jeremy S.
Karth and his office went above and beyond with getting the loan done. I didn't realize I was able I was eligible for a VA loan and with his assistance I qualified!- Anthony T.
The experience with the refinance process was the best. I could not have asked for anything better. Thank you for everything, Karth, you and your staff are the best. I will make sure I highly recommend you to friends and acquaintances.- Sofia J.
Working with Karth was an easy process. He is very smart and very easy to speak with. His explanations of the processes and the questions we had were excellent.- David P.
Karth and Megan did everything possible to make this a positive and stress-free experience. Their knowledge guided us the whole way and provided us an option that will really make a difference in our lives.- Anthony T.
Karth was absolutely amazing, professional, responsive and on top of everything. He always responded to emails and phone calls and went above and beyond all the time. He was wonderful to work with.- Christopher G.
Karth is someone who truly cares about his customers. He was available during off hours to answer questions, worked with both the sellers and our team to push a closing date up and was extremely understanding/flexible with us. We highly recommend Karth!- Pamela J.
Everything came together so quickly. Karth laid out expectations and everything happened just as he said it would. The whole process was smooth and easy!- Melba A..
Calculate Your Loan
Need a few moments to crunch some numbers? Our easy-to-use calculator will help you get a basic visual of a mortgage payment to help you decide what you can afford.
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Total Interest Payable
Total of Payments
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Types of LoansWhich type is right for you?
First Centennial Mortgage offers a full menu of loan products. Whether you are buying your first home, moving up to a nicer home, relocating or want to refinance your current home, we have a loan that will fit your needs. To get started, contact me online or call 224.321.6475 to get in touch.
Fixed-rate home loans are the most common type of home loan in the mortgage industry. This option is low-risk and gives you predictable monthly principle and interest (P&I) payments for the next 15 or 30 years, depending on which loan term you choose. Fixed-rate loans are reliable for long-term owners ready to settle in one place for a long period of time.
An adjustable rate mortgage (ARM) is ideal for borrowers who plan to move within five years. ARMs take advantage of a low "introductory" interest rate so the loan stays at the same rate typically for 5, 7 or 10 years. Once the introductory period expires, the interest rate changes with the movement of an "index" (major interest rate). Following this movement, the amount of monthly interest either increases or decreases.
Conventional home loans are not backed by a federal agency, such as the U.S. Department of Veteran Affairs, U.S. Department of Agriculture or Federal Housing Administration. Conventional loans are idea for people with a stable job, income and good credit. Conventional home loans are more flexible in their terms and have fewer restrictions compared to government-backed products.
Federal Housing Authority (FHA) loans are government assured and are ideal for people with limited income or money for a down payment. These loans typically help first-time homebuyers, seniors or others with limits on what they can afford.
Jumbo home loans are considered non-conforming mortgages. They are for purchases with a loan value above the federal standard of $484,350, although that number varies based on location. For a home with a purchase price above this limit, a jumbo loan is needed.
Veterans Affairs (VA) home loans are a great benefit to military personnel during and after their service. These loans are partly guaranteed (typically a quarter of loan value) by the U.S. Department of Veterans Affairs.