Lower rates and fees
Efficiency and low overhead drive down our costs. Then, we pass the savings to you so you can lock in the lowest rate for the best deal on your home loan.
View an honest rate quote.
See the actual rate and monthly payment upfront on our website. Then, feel confident in buying a home because you know what to expect.
Personalize your rate.
Get the details on rates, payments, and closing costs online, 24/7—access information when you need it most to take advantage of all opportunities.
Keep your information safe.
Unlike some mortgage lenders, we never sell your information. As a result, you can shop and compare home loan options without annoying sales calls.
A better way to get a mortgage
It's fast, easy, and secure, so you don't worry about the loan.
100% online, paper-free
Start whenever you're ready. Apply, check credit, verify financial information, and sign documents instantly and securely.
Loan Dashboard
Access information conveniently and keep everything organized so you always know what's happening.
Closing plan
Follow the steps to know what to do and when to do it so you never feel lost. Close on time, then celebrate your achievement.
Your home purchase starts with a verified mortgage pre-approval
Feel confident about making an offer to buy a home. NewCastle's loan decision-maker verifies your information so you know you're ready to buy.
Approved buyer
Pre-approvals from other lenders could be better. Unfortunately, they don't verify your financial information, so you feel uneasy about an uncertain outcome.
Strengthen your offer.
Improve the likelihood of winning the deal. A mortgage pre-approval letter signed by an Underwriter enhances your negotiating power, especially when competing with other buyers.
Same day pre-approval
Share your financial information with us. Then, on the same day, you get a pre-approval letter signed by one of our certified mortgage underwriters.
Buying a home should be a delightful experience.
You're in the right place for quality customer service. We're celebrating 22 years of making homeownership simpler, faster, and more affordable.
Years
Mortgage lending experience
Customers
First-time homebuyers
Smiles
5-star reviews
"Fastest and most reliable service I have ever had and heard. I am especially thankful for Jim Quist for his knowledgeable and caring service. His service was above and beyond..."
"I have done three mortgages with new castle. Perfect efficincy and super happy to work with them again."
"The NewCastle team helped us achieve our long-time goal of becoming homeowners. I never dreamed closing on a home could go so smoothly for us. They were..."
"Highly recommended! Jim and his entire time were friendly, helpful, and responsive. I'm glad I worked with this business, who has an office right here in the city and understands the intricacies of the Chicago market."
"It’s been a absolute pleasure working with the New Castle team for the 2nd time, I can’t say enough good things about this company..."
"NewCastle helped me get my first mortgage, and I recommend them very highly. Incredible customer service, super responsive, and played a huge role in..."
"I worked with Jim last year and worked with him again this year as well. Jim was very helpful, and is very obvious that he..."
"My experience with New Castle Home Loans and Jim's team was nothing short of outstanding. They provided me with a home loan that was tailored to my family's needs, and the entire process was incredibly easy-going and hassle-free..."
" They provided honest feedback and were responsive to phone calls and emails. Their level of expertise and service was very much appreciated."
"Helped me out when my other mortgage lender fell through half way into closing...Jim and Jonathan walked me through each and every step..."
"I just closed on my home yesterday, as a first time home buyer all because of Jim, literally!!!! …"
"Newcastle home loans were great. Easy and painless process. Jim helped me get a loan after being denied from another credit union. Thanks so much!!"
Frequently asked questions
Why use NewCastle Home Loans for a mortgage?
Buying your first home should be a delightful experience. So when you work with us, you get a lower interest rate and better service on your mortgage.
- View an honest rate quote upfront to know what to expect.
- Enjoy the convenience of a 100% online mortgage.
- Rely on our staff of certified mortgage underwriters to guide you to homeownership, making sure everything goes smoothly.
After that, close your loan on time, at the interest rate we promised, with better service than you expected.
How much money do I need to buy a home?
How much money you need to buy a home depends on the amount of your down payment and closing costs.
Down payment: A down payment is a percentage of the purchase price of a home that you pay upfront. How much you need for the down payment depends on several factors, mainly the property type, loan program, and whether you'll live there or rent it out.
Closing costs: Closing costs are loan costs and other costs associated with purchasing a home. Loan costs are lender and third-party fees for underwriting, a property appraisal, and title work. Other costs are taxes, government fees, and prepaid items.
Closing costs can add up to several thousand dollars and vary depending on several factors, most importantly, the location of the property and the lender you choose for the mortgage.
Before shopping for a home, getting pre-approved for a mortgage is a good idea. This will give you an idea of how much you can afford to borrow and help you narrow your search for homes within your budget.
Use our Mortgage Calculator to get the details on rates, payments, and closing costs online, 24/7.
Check out our Loan Estimate Explainer.
Talk to a mortgage expert at NewCastle Home Loans to better understand the costs associated with buying a home and determine how much money you'll need to save to be prepared to make this significant purchase.