Welcome to the Townstone Financial website.

BREAKING NEWS:  First Time Home Buyers can receive a $7500 TAX CREDIT when purchasing a home between April 9, 2008 and June 30, 2009,  see info to the lower right or call for details (312) 896-2110.

We still have cash-out refinance and purchase programs to 95% of your homes appraised value and can go to 97% on a no-cash out refinance, (96.5% on purchases) certain restrictions apply-call for details. 

Whether you are purchasing a new home or refinancing your existing home, the Townstone Financial team of state licensed mortgage brokers will find a loan program which best fits your financial situation. David Hochberg and Barry Sturner created Townstone Financial in 2002 with the goal of offering the best service in the mortgage business. They accomplish this goal through attention to detail and living by the motto of the customer is always right. Townstone Financial is licensed in Illinois, Indiana, Wisconsin, Michigan and Florida. Please do not hesitate to contact a Townstone Financial mortgage expert if you have any of the following debt to determine if it would be economically beneficial for you to use the equity in your home to consolidate them into your mortgage:

Need a quality Realtor who can help you through the process?  Send us an email at barrys@townstone.com and we will be happy to have one of our Realtor partners give you a call. 
First Time Home Buyer?  Townstone Financials expertly trained Loan Officers can help guide you through the confusion and answer ALL of your questions in an easy to understand manner.
Debt problems? Remodeling your home? Want to payoff high interest rate credit card debt or are you planning on remodeling your home - be it a kitchen, bathroom or backyard - you can contact one of our mortgage professionals who will help find the right loan for you.
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Tax Credit Info

Housing and Economic Recovery Act

Tax Credit

 

How much is the tax credit?  10% of the purchase price or $7,500, whichever is less.

 

Who qualifies? First-time homebuyers who haven’t held ownership interest in a residence during the three years preceding the closing date of the new property.

 

What type of property is allowed?  Any home, new or resale, single-family house or condo.

 

 

TOWNSTONE FINANCIAL INC,
1141 West Randolph Street, CHICAGO, IL  60607
Direct:  (312) 896-2110
Direct:  (312) 896-2111
barrys@townstone.com
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