Skip to main content

Mortgage Loans in Schererville, IN

No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best deal possible!

Conventional

Learn More!

FHA

Learn More!

VA

Learn More!

Jumbo

Learn More!

Renovation

Learn More!

USDA

Learn More!

Get started by using one of our FREE tools!

Mortgage Loan

How the process works

1

Loan Application & Documentation

Complete your loan application and send us your required documentation.

2

Review

Review your loan documentation, your preapproval is in process.
3

Preapproval

Congratulations! You’re Preapproved!

4

Accepted Offer

You have found a home and have received an accepted offer.
5

Finalizing Your Application

You submit additional documents so that we can submit your file into underwriting and get a conditional approval.
6

Appraisal

Let’s get the value of your new home!

7

Initial Closing Disclosure

This is where you will see the initial breakdown of your loan.

8

Clear To Close

Time to schedule your closing

9

Wire Funds for Closing

Never wire funds without speaking to us.
10

Final Closing Disclosure

This is the final breakdown of your loan.
11

Closing

Sign all of your documents with the Title Company, move into your new home, and make some AMAZING memories.

DOWNLOAD OUR HOMEBUYER’S MORTGAGE GUIDE

All about Schererville, IN

Schererville is a town in St. John TownshipLake CountyIndiana, United States. The population was 29,646 at the 2020 census. It is a suburb of Chicago located just 30 miles south of the city.

Source: https://en.wikipedia.org/wiki/Schererville,_Indiana

History of Schererville, IN

Long before Indiana became a state, long before the founding of Schererville, people called the area the “Crossroads,” as several Native American trails intersected here, that later became routes for the wagons of settlers traveling west.

One of those settlers was Nicholas Scherer, who was born in 1830 at Scheuern, today part of TholeySaarland, in southwestern Germany, who arrived in the U.S. in 1846. When he came to this place at the southern tip of Lake Michigan in 1865, he founded the community that bears his name.

Today, trails still cross at Schererville, the modern trails of a motorized society, U.S. Highways 41 and 30. Nearby are newer trails, I-80/94 and I-65. All these are primary transcontinental routes and gives Schererville its slogan: “Crossroads of the Nation.”

The town was named one of the “100 Best Places to Live in the U.S.” by Money Magazine in 2007.

Schererville’s former Town Council President, Perry Ferrini, died on December 13, 2009. The Town Council’s new president became Jerry Tippy, and the vacant seat held by Perry was filled by Sharon Moore on January 9, 2010.

The town of Schererville celebrated its sesquicentennial in September, 2016.

Source: https://en.wikipedia.org/wiki/Schererville,_Indiana

Demographics of Schererville, IN

As of the census of 2010, there were 29,243 people, 11,883 households, and 7,981 families living in the town. The population density was 1,988.0 inhabitants per square mile (767.6/km2). There were 12,393 housing units at an average density of 842.5 per square mile (325.3/km2). The racial makeup of the town was 86.8% White, 5.4% African American, 0.2% Native American, 2.8% Asian, 2.9% from other races, and 1.8% from two or more races. Hispanic or Latino of any race were 10.6% of the population.

There were 11,883 households, of which 29.8% had children under the age of 18 living with them, 53.3% were married couples living together, 9.7% had a female householder with no husband present, 4.2% had a male householder with no wife present, and 32.8% were non-families. 27.7% of all households were made up of individuals, and 9.2% had someone living alone who was 65 years of age or older. The average household size was 2.45 and the average family size was 3.03.

The median age in the town was 40.9 years. 22.1% of residents were under the age of 18; 7.7% were between the ages of 18 and 24; 25.9% were from 25 to 44; 30.3% were from 45 to 64; and 14% were 65 years of age or older. The gender makeup of the town was 48.5% male and 51.5% female.

Source: https://en.wikipedia.org/wiki/Schererville,_Indiana

Thomas Faille HomeTown Lenders Team

Thomas Faille

Producing Branch Manager  //  NMLS #65084

Tom has been in the finance industry for 22 years and can assist in the loan process for most of the 50 states. He is a wonderful husband to his wife, Kathy, and proud father to Jake and Ava. In his spare time, he enjoys watching College and Professional football rooting for Notre Dame and The Raiders.

thefailleteam@gmail.com(219) 707 8106
GoogleFacebookZillow
Thomas Faille HomeTown Lenders Team