Business Details
50+ Years
experience
Trusted Mortgage Services in Chicagoland
Crown Mortgage Company has been dedicated to helping families achieve the American Dream since 1975. As a veteran-founded and operated business, we specialize in providing personalized mortgage solutions tailored to the unique needs of the Chicagoland community. Our commitment to long-term relationships ensures clients receive unparalleled attention throughout the life of their loans. With over 45 years of market-leading experience, we process, underwrite, and service loans in-house, offering a 30-minute verbal commitment and a written commitment within an hour. Our low foreclosure rateone of the lowest nationallyreflects our dedication to client success, supported by proprietary programs like Repairs After Closing.We prioritize transparency, avoiding hidden fees, and provide free mortgage counseling to empower informed decisions. Our team of certified loan originators combines local expertise with a focus on first-time buyers and veterans, ensuring competitive rates and terms. Over 70% of our business comes from repeat clients or referrals, a testament to our reliability and exceptional service. We serve Chicagoland, including Chicago and surrounding suburbs, as well as Lake and Porter Counties in Indiana, with a mission to make homeownership accessible and stress-free.
Services
VA Loans
Conventional Loans
FHA Loans
Refinancing
Repairs After Closing
Details
- Year established: 1975
Highlights and features
- We offer a 30-minute verbal loan commitment and 1-hour written commitment.
- Our team provides personalized service with a focus on long-term relationships.
- Veteran-founded company with expertise in VA loan programs.
- Low foreclosure rate due to proactive client support throughout the loan term.
- Proprietary Repairs After Closing program ensures seamless home purchases.
What people say
Saved our dream home
Fast approval process
Personal attention
Veteran-friendly programs
Reliable closing support
Services
VA Loans
Crown Mortgage Company specializes in VA loans for veterans, offering competitive rates and terms. As a veteran-owned business, we understand the unique needs of service members and provide streamlined approvals with no down payment requirements. Our in-house VA underwriter ensures fast processing, and we service loans locally without resale.
Conventional Loans
We provide conventional loans tailored to Chicagoland homebuyers with strong credit profiles. Our local expertise allows for personalized underwriting, fast closings within 10 days, and flexible terms. Clients benefit from direct communication with loan officers and a commitment to long-term relationships beyond the initial transaction.
FHA Loans
Our FHA loan program assists first-time buyers with lower credit scores or limited savings. We offer down payment assistance, competitive rates, and guidance through the entire process. The program includes free coaching to help clients qualify and navigate homeownership challenges specific to the Chicagoland market.
Refinancing
Crown Mortgage Company simplifies refinancing with a focus on lowering monthly payments and improving financial stability. We service loans locally, ensuring personalized rate negotiations without reselling. Clients receive expedited approvals and transparent fee structures, with options for cash-out refinancing or debt consolidation.
Repairs After Closing
This proprietary program allows buyers to address repair issues after closing, ensuring dream homes become realities. Ideal for foreclosure properties, it covers unexpected problems like burst pipes or non-functional systems. We coordinate solutions without delaying closings, reducing stress for buyers facing time-sensitive transactions.
People
Mike Allen
Owner & President
Mike Allen, a veteran and founder of Crown Mortgage Company, has led the business since 1975. His commitment to veterans and Chicagoland communities drives the company's mission of personalized service and innovative mortgage solutions.
Jeff Coole
Sales Manager
Jeff Coole oversees sales operations at Crown Mortgage Company, leveraging decades of experience to ensure fast loan approvals. Known for his responsiveness, he guarantees a 30-minute verbal commitment and prioritizes client satisfaction.
Jeff McGrath
Branch Manager
Jeff McGrath manages branch operations, focusing on seamless loan processing. His team ensures timely closings and provides support for complex transactions, including repair financing and VA-specific programs.
Adam Bozich
Vice President/Mortgage Consultant
Adam Bozich advises clients on mortgage strategies, combining market expertise with personalized guidance. He specializes in first-time buyer programs and helps families navigate the path to homeownership in Chicagoland.
Questions
What loan types does Crown Mortgage Company offer?
We specialize in VA loans, conventional loans, FHA loans, and refinancing options tailored to Chicagoland homebuyers.
How quickly can Crown Mortgage Company approve a loan?
We guarantee a 30-minute verbal commitment and a written commitment within one hour for qualified applicants.
Do you service loans locally?
Yes, we process, underwrite, and service all loans in-house at our Oak Lawn, IL office without reselling.
What areas do you serve?
We focus on Chicagoland, including Cook, DuPage, Lake, and Porter counties, with specialized programs for veterans.
Can I refinance with Crown Mortgage Company?
Yes, we offer refinancing with competitive rates and no hidden fees, prioritizing long-term client relationships.
