Personal Mortgage Loans

North Side Federal has over 75 years of home lending experience and is proud to provide financing to borrowers looking to purchase, refinance, or remodel their homes.

Purchase and Refinance Mortgage Loans

We offer a variety of mortgage programs to meet a number of borrowing needs:

  • Fixed-rate first mortgage loans
  • Adjustable-rate first mortgage loans
  • Combination fixed/adjustable rate loans with initial fixed periods of 3, 5 or 7 years
  • Higher loan-to-value ratios for purchasing your home, especially if you are a first-time homebuyer

We also offer mortgages for commercial property and buildings with five or more units.

Use our payment calculator to estimate your monthly payments under different lending terms.

Home Equity Lines of Credit and Second Mortgage Loans

North Side Federal offers the opportunity to borrow against the equity in your property. These funds are often used to remodel, improve, or rehab, but they may be used for almost any purpose you may have in mind.

Our home equity line of credit allows you to draw on the equity in your home when you need it by simply writing a check. Our fixed-rate second mortgage program also allows you to draw on the equity in your property, but all funds are disbursed at closing.

We also offer lines of credit and second mortgages for commercial and non-owner occupied properties.

To learn more, please call us at 773-561-7051 or visit us at the corner of Clark and Foster in Chicago. For additional information, refer to our rates and disclosures as well as our terms and conditions.