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Melissa Steuart

Senior Mortgage Banker

NMLS ID #278506

Meet go Apply Now, your online mortgage application.

You'll spend less time on paperwork - and more time doing things you enjoy.

About Melissa:

Melissa Steuart is a Senior Loan Officer dedicated to saving her borrowers time, money and stress. She focuses on meeting the needs of her borrowers and takes pride in walking them through every step of the mortgage process. Melissa enjoys helping first time buyers into their very first home and giving advice to past clients when they want to refinance, do home renovations or debt consolidations.

Melissa graduated from the University of Iowa with a degree in Finance. She's been blessed to work with amazing lenders prior to joining First Centennial Mortgage in 2012 for the family-owned mortgage company that could do everything in one location. She felt FCM gave her clients the best customer service and competitive rates.

During her free time, Melissa enjoys spending time with her husband, son and daughter. Family time is very important to and they are often found doing outdoor activities in the tri-city area.

Calculate Your Loan

Need a few moments to crunch some numbers? Our easy-to-use calculator will help you get a basic visual of a mortgage payment to help you decide what you can afford.

Calculator

Monthly Payment
(Principal + Interest Only)

$1,880.70

Total Interest Payable

$88,525.28

Total of Payments
(Principal + Interest Only)

$338,525.28

Monthly payment shown consists of principal and interest only. Examples entered are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information entered. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. Please contact me or a financial advisor to seek personalized advice from qualified professionals regarding all financial issues and needs.

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Types of LoansWhich type is right for you?

First Centennial Mortgage offers a full menu of loan products. Whether you are buying your first home, moving up to a nicer home, relocating or want to refinance your current home, we have a loan that will fit your needs. To get started, contact me online or call 630.674.7102 to get in touch.

Fixed-rate home loans are the most common type of home loan in the mortgage industry. This option is low-risk and gives you predictable monthly principle and interest (P&I) payments for the next 15 or 30 years, depending on which loan term you choose. Fixed-rate loans are reliable for long-term owners ready to settle in one place for a long period of time.

An adjustable rate mortgage (ARM) is ideal for borrowers who plan to move within five years. ARMs take advantage of a low "introductory" interest rate so the loan stays at the same rate typically for 5, 7 or 10 years. Once the introductory period expires, the interest rate changes with the movement of an "index" (major interest rate). Following this movement, the amount of monthly interest either increases or decreases.

Conventional home loans are not backed by a federal agency, such as the U.S. Department of Veteran Affairs, U.S. Department of Agriculture or Federal Housing Administration. Conventional loans are idea for people with a stable job, income and good credit. Conventional home loans are more flexible in their terms and have fewer restrictions compared to government-backed products.

Federal Housing Authority (FHA) loans are government assured and are ideal for people with limited income or money for a down payment. These loans typically help first-time homebuyers, seniors or others with limits on what they can afford.

Jumbo home loans are considered non-conforming mortgages. They are for purchases with a loan value above the federal standard of $484,350, although that number varies based on location. For a home with a purchase price above this limit, a jumbo loan is needed.

Veterans Affairs (VA) home loans are a great benefit to military personnel during and after their service. These loans are partly guaranteed (typically a quarter of loan value) by the U.S. Department of Veterans Affairs.

Contact Melissa

630.674.7102 (Mobile)
331.212.5521 (Office)
331.212.5522 (Fax)
Email: M.Steuart@goFCM.com

2471 W. Sullivan Road
Aurora, IL 60506

NMLS ID #278506
Licenses: FL #LO35048, IL #031.0029687, IN #31962,
WA #MLO-278506, WI #278506