Top Summit, IL Mortgage Lawyers Near You

Mortgage Lawyers | Serving Summit, IL

1820 Ridge Rd., Suite 101, Homewood, IL 60430

Mortgage Lawyers | Serving Summit, IL

903 Commerce Drive, Suite 210, Oak Brook, IL 60523

Mortgage Lawyers | Serving Summit, IL

444 W Lake St, Suite 1650, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

71 South Wacker Drive, 47th Floor, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

120 South Riverside Plaza, Suite 2200, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

20 N Clark St, Suite 1150, Chicago, IL 60602

Mortgage Lawyers | Serving Summit, IL

227 W Monroe St, Suite 3950, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

155 North Wacker Drive, Suite 3800, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

141 West Jackson Blvd, Suite 1575, Chicago, IL 60604

Mortgage Lawyers | Serving Summit, IL

191 North Wacker Drive, Suite 2300, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

200 W. Madison, Suite 3000, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

320 S Canal St, Suite 3025, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

300 W. Adams St., Suite 500, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

10750 W 143rd St, Suite 55, Orland Park, IL 60462

Mortgage Lawyers | Serving Summit, IL

401 North Michigan Avenue, Suite 1700, Chicago, IL 60611

Mortgage Lawyers | Serving Summit, IL

303 West Madison Street, Suite 300, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

1001 Warrenville Road, Suite 500, Lisle, IL 60532

Mortgage Lawyers | Serving Summit, IL

33 N. Dearborn Street, Suite 1950, Chicago, IL 60602-3249

Mortgage Lawyers | Serving Summit, IL

71 South Wacker Drive, 45th Floor, Chicago, IL 60606

Mortgage Lawyers | Serving Summit, IL

70 West Madison Street, Suite 5200, Chicago, IL 60602

Mortgage Lawyers | Serving Summit, IL

161 N Clark, Suite 4500, Chicago, IL 60601

Mortgage Lawyers | Serving Summit, IL

10 S. Lasalle Street, Suite 2920, Chicago, IL 60603

Mortgage Lawyers | Serving Summit, IL

180 N La Salle St, Suite 3300, Chicago, IL 60601

Summit Mortgage Information

Lead Counsel Badge

Lead Counsel Verified Attorneys in Summit

Lead Counsel independently verifies Mortgage attorneys in Summit and checks their standing with Illinois bar associations.

Our Verification Process and Criteria

  • Ample Experience

    Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing

    Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review

    Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment

    Pledge to follow the highest quality client service and ethical standards.

What Is Mortgage Law?

A mortgage is a type of financing agreement that allows you to purchase a home. The lender provides the money to purchase the piece of property, and you repay the lender. In the U.S., mortgages can feature a fixed interest rate that stays the same for the life of the mortgage, or an adjustable-rate mortgage that may feature an increasing mortgage rate in the future.

What Are Some Examples of Situations Where I Might Need a Mortgage Lawyer?

You should consult with a real estate lawyer if you are buying a home or commercial property and are unsure about the terms of a mortgage. You should have clarity about the loan amount, the interest rate, closing costs, and any possible penalties for late payment or prepayments.

How Can a Mortgage Lawyer Help Me?

A mortgage and real estate lawyer can review the terms of a mortgage to ensure that your rights are protected before you sign any documents. They will explain everything to you and make sure you understand what you are signing.

What Could Happen if I Don’t Hire a Mortgage Lawyer?

If you are at all confused about the terms of a mortgage, not having a lawyer review the agreement could lead to serious financial losses in the future. You could be agreeing to an adjustable-rate mortgage that will skyrocket in price, or you could pay off your mortgage early but face prepayment penalties that you didn’t know existed.

What Questions Should I Ask When Trying To Find a Real Estate Lawyer in Summit?

These questions can help you decide if you feel comfortable and confident that a lawyer has the qualifications, experience, and ability to manage your case. Many real estate lawyers offer an initial consultation that allows you to understand your options and get specific legal advice before hiring them. The top questions to ask include:

  • What is your experience in handling real estate cases in Illinois?
  • Have you represented property owners in cases like mine?
  • What are potential issues that can come up during the property purchase?
  • How will you keep me informed about updates in my case?
  • What is the likely timeline for resolving my case?
  • What is your fee structure for legal representation?

Tips for Hiring a Real Estate Lawyer

Take the time to find a real estate attorney who is right for you and will represent your best interests. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:

  • Ask for recommendations
  • Research lawyers online
  • Schedule consultations
  • Review experience and expertise
  • Talk about fees and billing
  • Trust your instincts
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