Guides · Chicago mortgage financing

Chicago Mortgage Guides

Plain-language guides to the financing situations Chicago buyers and homeowners actually run into — written by Kyle Gillespie, SVP of Mortgage Lending at OriginPoint (a Rate company), NMLS #223778, with 20+ years closing loans in this market. Each guide leads with the answer, stays specific to Chicago, and is reviewed for currency.

Ready to run your numbers? Call (773) 435-7939 or start your pre-approval at KyleGillespie.com.

Fannie Mae's August 2026 Condo Rules: What Changed for Chicago Buyers, Sellers, and BoardsPublished September 2026 — Limited Review is gone and Full Review is universal for buildings over 10 units: what it means in Chicago and what buyers, sellers, and boards should do.
Financing a Non-Warrantable Condo in Chicago: What Actually Works in 2026Published July 2026 · Reviewed September 2026 — Why Chicago buildings go non-warrantable and how portfolio and non-QM programs finance them.
Chicago Condo Mortgages: Why Your Loan Got Denied on the Building, Not YouPublished July 2026 · Reviewed September 2026 — How the condo project review works and how to catch a building problem before you are under contract.
Chicago Refinance FAQ: The Questions Every Homeowner AsksPublished July 2026 · Reviewed September 2026 — Costs, break-even math, credit impact, appraisals, timelines, and escrow refunds, answered directly.
Jumbo Loan Limits in Chicago 2026: What Counts as Jumbo on the North SidePublished September 2026 — What counts as a jumbo loan in Chicago in 2026 and how higher-balance financing works on the North Side.

Information provided is for educational purposes only. It should not be construed as financial or legal advice or instruction. OriginPoint does not guarantee or assume liability for the accuracy, completeness or timelines of the information. You should conduct additional research before making any mortgage related decisions.

*OriginPoint has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.

Equal Housing Lender. Kyle Gillespie, NMLS #223778. OriginPoint LLC, NMLS #2185899. Operating in the state of California as OriginPoint Mortgage LLC in lieu of the legal name OriginPoint LLC. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in New York will be accepted through this site. For licensing information visit www.nmlsconsumeraccess.org. This site is informational and educational only and is not financial, investment, or legal advice, nor a commitment to lend. All loans are subject to credit and underwriting approval; not all applicants will qualify. OriginPoint is not affiliated with any government agency. Eligibility requirements apply and vary by loan type; including, but not limited to, occupancy type, property type, documentation, and FICO score requirements. Rates, programs, and terms are subject to change or discontinuation without notice. Additional restrictions apply.