Your Local Mortgage Loan Officers
Branch Location:
833 West Lincoln Highway, Suite 105W
Schererville, IN 46375
Hover over our Loan Officers for contact information:
Fastest Growing
Private Mortgage Bank by INC®
Nationwide Mortgage Bankers (NMB) was founded to believe that achieving the American Dream of homeownership should be a straightforward and stress-free process. We strongly believe that the best way to service our clients is to educate them on their home financing options and provide the best possible service, advice, and market and product knowledge. Whether you’re buying your first home, an investment property, or refinancing your current mortgage, we would love the opportunity to serve you and earn your trust.
LOAN TYPES
OUR MOST POPULAR LOAN TYPES
3%
DOWN PAYMENT
MINIMUM
$453k-
$726k
LOAN SIZE
MAXIMUM
CREDIT SCORE
MINIMUM
PURPOSE OF HOME
PRIMARY, 2ND, or INVESTMENT*
OUR MOST POPULAR LOAN TYPES
3.5%
DOWN PAYMENT
MINIMUM
$453k-
$726k
LOAN SIZE
MAXIMUM
CREDIT SCORE
MINIMUM
PURPOSE OF HOME
PRIMARY ONLY*
OUR MOST POPULAR LOAN TYPES
10%
DOWN PAYMENT
MINIMUM
$1.5MIL-
$2MIL
LOAN SIZE
MAXIMUM
CREDIT SCORE
MINIMUM
PURPOSE OF HOME
PRIMARY, 2ND, or INVESTMENT*
OUR MOST POPULAR LOAN TYPES
0%
DOWN PAYMENT
MINIMUM
$453k-
$726k
LOAN SIZE
MAXIMUM
CREDIT SCORE
MINIMUM
PURPOSE OF HOME
PRIMARY ONLY*
OUR MOST POPULAR LOAN TYPES
3%
DOWN PAYMENT
MINIMUM
$453k-
$726k
LOAN SIZE
MAXIMUM
CREDIT SCORE
MINIMUM
PURPOSE OF HOME
PRIMARY, 2ND, or INVESTMENT*
DISCLAIMER & ASSUMPTIONS
The information on this page is not meant to be a quote. So, if you want an ACTUAL interest rate quote, or if you’re just curious what you may be eligible for, just ask us!
Annual Percentage Rate (APR) effective 9/15/17. Rates based on Nationwide Mortgage Banker’s average customer FICOs for 2017. Rates may change or not be available at the time of lock. Not an offer to enter into an interest rate or discount point agreement. Any such agreement may only be made in writing by both the borrower and the lender. Nationwide Mortgage Bankers reserves the right to change or cancel this offer without notice. Subject to applicable laws and regulations. Monthly payment excludes mortgage insurance, homeowners insurance, property taxes and HOA.
ASSUMPTIONS
Conventional: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $291,000 loan amount. $1410 P&I. 4.125% (4.618% APR). 751 FICO.
FHA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $289,500 loan amount. $1406 P&I. 4.000% (5.089% APR). 686 FICO.
Jumbo: For the information discussed on this page, we’re assuming the following: $1,000,000 purchase. $900,000 loan amount. $4627 P&I. 4.625% (4.669% APR). 761 FICO.
USDA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $300,000 loan amount. $1512 P&I. 4.375% (4.883% APR). 707 FICO.
VA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $300,000 loan amount. $1485 P&I. 4.125% (4.421% APR). 721 FICO.
3% DOWN PAYMENT MINIMUM
$453k-$726k LOAN SIZE MAXIMUM
620 CREDIT SCORE MINIMUM
PURPOSE OF HOME- PRIMARY, 2ND, OR INVESTMENT*
3.5% DOWN PAYMENT MINIMUM
$453k-$726k LOAN SIZE MAXIMUM
580 CREDIT SCORE MINIMUM
PURPOSE OF HOME- PRIMARY ONLY*
10% DOWN PAYMENT MINIMUM
$1.5MIL-$2MIL LOAN SIZE MAXIMUM
680 CREDIT SCORE MINIMUM
PURPOSE OF HOME- PRIMARY, 2ND, OR INVESTMENT*
0% DOWN PAYMENT MINIMUM
$453k-$726k LOAN SIZE MAXIMUM
620 CREDIT SCORE MINIMUM
PURPOSE OF HOME- PRIMARY ONLY*
3% DOWN PAYMENT MINIMUM
$453k-$726k LOAN SIZE MAXIMUM
580 CREDIT SCORE MINIMUM
PURPOSE OF HOME- PRIMARY, 2ND, OR INVESTMENT*
DISCLAIMER & ASSUMPTIONS
The information on this page is not meant to be a quote. So, if you want an ACTUAL interest rate quote, or if you’re just curious what you may be eligible for, just ask us!
Annual Percentage Rate (APR) effective 9/15/17. Rates based on Nationwide Mortgage Banker’s average customer FICOs for 2017. Rates may change or not be available at the time of lock. Not an offer to enter into an interest rate or discount point agreement. Any such agreement may only be made in writing by both the borrower and the lender. Nationwide Mortgage Bankers reserves the right to change or cancel this offer without notice. Subject to applicable laws and regulations. Monthly payment excludes mortgage insurance, homeowners insurance, property taxes and HOA.
ASSUMPTIONS
Conventional: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $291,000 loan amount. $1410 P&I. 4.125% (4.618% APR). 751 FICO.
FHA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $289,500 loan amount. $1406 P&I. 4.000% (5.089% APR). 686 FICO.
Jumbo: For the information discussed on this page, we’re assuming the following: $1,000,000 purchase. $900,000 loan amount. $4627 P&I. 4.625% (4.669% APR). 761 FICO.
USDA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $300,000 loan amount. $1512 P&I. 4.375% (4.883% APR). 707 FICO.
VA: For the information discussed on this page, we’re assuming the following: $300,000 purchase. $300,000 loan amount. $1485 P&I. 4.125% (4.421% APR). 721 FICO.
We Simplify the Home Loan Process
CONVENIENCE
You can inquire about a mortgage online from any device 24/7; so whether you’re at your desk or on the go and want to use your mobile phone; you can do so at your own convenience.
TECHNOLOGY
We empower our loan originators with the latest state of the art technology in order to facilitate your needs and provide outstanding service as well as unmatched product and industry expertise.
SPEED
We believe that achieving the American Dream of homeownership should be a straightforward and stress-free process. This belief has lead us to close loans faster than the industry average.