-
413 N. Carpenter St., Suite 1W Chicago, IL 60642 Mobile (630) 370-2360 Tel (312) 210-7070 [email protected]
-
- monday: 7:00AM – 7:00AM
- tuesday: 7:00AM – 7:00AM
- wednesday: 7:00AM – 7:00AM
- thursday: 7:00AM – 7:00AM
- friday: 7:00AM – 7:00AM
- saturday: 7:00AM – 7:00AM
- sunday: 7:00AM – 7:00AM
-
- Conventional Loan
- First-Time Homebuyers
- Jumbo Loan
- Purchase
- Refinance
Julius Barrutia
- SVP of Mortgage Lending
- Chicago, IL Mortgage Loan Officer
- NMLS #191744
I’ll be with you every step of the way
Hi, I’m Julius, and as a 16-year veteran of the mortgage industry, I’m known as a trusted professional with vast knowledge of home financing and an array of home loan products. With an extensive financial background, I have the experience and expertise to provide beneficial loan options while guiding you through the mortgage process. Based in our Chicago, IL branch, whether you’re a first-time homebuyer or an experienced real estate investor, I’ll listen to your goals and priorities to identify a home financing solution fit for you.
As part of America’s #1 Retail Mortgage Lender, you can count on top-notch customer service from application to closing and beyond. As hundreds of happy clients can attest, I’m dedicated to making sure your home purchase or refinance goes as smoothly as possible. I look forward to starting your home financing journey and providing you with the outstanding service you deserve.
Julius’s testimonials
Guides and resources
My social posts
Should I buy a house or keep renting?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
-
Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
-
To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
-
A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
-
A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
-
To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.