Christine DePaepe
VP of Mortgage Lending/Renovation Division Manager

Over the course of a 20 year career, I have been actively involved in the mortgage lending industry, specializing in FHA, VA, renovation, commercial, jumbo, and super jumbo loan programs for residential homes, condos, and townhomes throughout Chicago-land and in all 50 US states. I was noted as one of the first renovation loan specialists in the Chicago area and came to Guaranteed Rate in 2011 to start the home loan Renovation Lending Division. I have a dedicated team of 17 staff members who can close renovation home loans in 45-60 days. My staff includes a team of dedicated underwriters to close all renovation loans, junior underwriters who pre-approve all borrowers, four supporting loan officers, architect to oversee the consultant and contractors, and a draw department to manage the construction funds. In an accolade by the Chicago Sun Times' nationally syndicated columnist, Terry Savage, my overall expertise in the industry has been highlighted as well as my in-depth knowledge of Fannie Mae's DU Refi Plus and Freddie Mac's Open Access refinance programs. I also have experience closing short sales, Real Estate Owned/Bank Owned properties, and City of Chicago programs for first time or repeat buyers. I present both locally and regionally to share my industry knowledge, specifically about renovation lending and how real estate agents can use these programs as a tool to increase their closing transactions and move hard to sell listings. I have been noted by the Scotsman Guide as a top 20 FHA Volume Originator for the past 2 years consecutively and also named to the Guaranteed Rate's President's Club for the past 4 consecutive years. I am a graduate of Rosary College in River Forest, IL with a degree in Business and a DePaul University graduate with an MBA in Finance.

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Loan typeRateAPRDiscount points ($)Mo. payment

This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs, and monthly payment on your specific loan transaction may vary, and may include city, county, or other additional fees and costs. Mortgage rates are offered exclusively through Guaranteed Rate and are subject to change without notice. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. The payment amount does not include homeowners' insurance, flood insurance (if applicable), or property taxes that must be paid in addition to your loan payment. The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, and origination charges). For home equity lines, the APR simply reflects the interest rate. When shopping for a mortgage, you can use the APR to compare the costs of similar loans between lenders. One discount points equals one percent of your loan amount. Some jumbo loan options may not be available to first\-time home buyers. We based the mortgage interest rates shown on a 30\-day rate lock period. Under certain circumstances, a 30\-day rate lock may not be available. When you apply, you can choose to lock or float your interest rate range. Mortgage rates and loan options displayed depend on a number of variables, including the accuracy of the information you have entered, which is subject to verification, credit and property approval. These mortgage rates are based upon a variety of assumptions and conditions, which include a consumer credit score that may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing. VA If you meet the eligibility requirements of the VA program, gifts or grants may be used for down payments. Up to 100% financing may be available for qualified borrowers. Most VA loans require the borrower to pay a 'funding fee'. This fee may be paid out of pocket or financed into the loan amount. At the direction of the United States Congress and the Department of Veterans Affairs VA Funding Fees may increase or decrease without notice. Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It 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. Adjustable Rate Mortgage (ARMs) Interest rates and payments may increase after consummation. After the initial fixed period, your interest rate may change periodically according to the market index. Any change may significantly impact your monthly payment. Since the index in the future is unknown, the First Adjusted Rate and Payments displayed are based on the current index plus the margin (fully indexed rate) at time of scenario/disclosure. Before choosing an ARM, you should decide if you can manage the maximum estimated payment if the rate increases. To fully understand minimum and maximum payments, please speak to a mortgage loan expert.