Are there truly 100% financing or $0 money-down options?

The answer is yes, absolutely. Most people don’t know that no-money, out-of-pocket mortgage options are available. It is also a common misconception that you must be a first-time homebuyer or have credit challenges to access these programs. The truth is these programs are available to everyone regardless of their credit or first-time homebuyer status. At First Midwest Bank, we offer a variety of mortgage loans with competitive rates and convenient terms including 100% financing and $0 out-of-pocket loan options.

Austin Hawkins
Assistant Vice President/Mortgage Loan Officer NMLS #1482943

Buying a home is one of the most significant financial commitments an individual will undertake in their lifetime. Because homebuying involves substantial costs not immediately available in most people’s savings, they often must seek a loan. To assist with the loan process, Austin Hawkins, assistant vice president and mortgage loan officer at First Midwest Bank, says clients should look for someone trustworthy, knowledgeable and experienced. “You want to ensure they can adapt to anything unforeseen with the ability to switch gears on a moment’s notice, which only comes with decades of experience,” he says. “A trustworthy resource is imperative to navigate through the lending process.” With a background in customer service, Hawkins says he loves the idea of helping people. “I figured, what better way to help them than to help them buy a house?” His advice for anyone interested in working in the mortgage loan industry is to stick with it, even when problems arise. “Like any industry, there can be ups and downs, good days and bad,” he says. “Stay focused and find solutions because when you overcome those lending hurdles and secure that family their dream home, the feeling is second to none.” The most rewarding aspect of being an expert in the profession is “the tears of joy that come when a family secures that dream home they have always wanted,” Hawkins says.