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Our Discounted Closing Costs
…SAVINGS when you deal direct.
Applying Online Can Save Significant Money
Applying online with Chicago Bancorp Direct™ will literally save you thousands of dollars over traditional lenders. Our streamlined, high technology process allows us to save money and we simply pass those savings on to you - Directly! The chart below illustrates just exactly how Chicago Bancorp Direct™ can save you as much as $3,000 on a $240,000 refinanced loan.
| Fees | Chicago Bancorp | Traditional Lender |
| Origination | $0 | $2,400 (1 point) |
| Appraisal | $300 | $325 |
| Credit Report | $69 | $60 |
| Flood Certification | $25 | $25 |
| Tax Service | $75 | $90 |
| Processing | $295 | $325 |
| Underwriting | $295 | $325 |
| Closing Fees | $200 | $250 |
| Document Prep. | $295 | $275 |
| Endorsements | $0 | $60 |
| Notary | $0 | $40 |
| Title Fees | $225 | $400 |
| Recording | $75 | $75 |
| Total | $1,854 | $4,650 |
Chicago Bancorp is an Illinois Residential Mortgage Licensee: License #: 4543 | IDFPR 122 S. Michigan (312) 793-3000 | Chicago Bancorp is a Georgia Residential Mortgage Licensee: License #: 23037 | Chicago Bancorp is a Kansas Licensed Mortgage Company: License #: 2008-5369 | Arizona Mortgage Banker Lic. # BK-0906856 |
Licensed by State of California Department of Corporations under the California Residential Mortgage Act
Licensed by the Virginia State Corporation Commission Lic. # MC - 5236 | Licensed Mortgage Banker-NYS Banking Department |