Adam Murrell is a Senior Mortgage Loan Officer at First Centennial Mortgage. He has been assisting families finance their dream homes for more than 15 years. His incredible team includes two full time assistants, Teresa and Jodi. Together, they pride themselves on their honesty, integrity and the willingness to assure the complete satisfaction of every individual they serve.
Adam and his team’s commitment to creating financial opportunities for their clients has benefited new homeowners and those refinancing their existing properties. Adam and his team continually take the time to thoroughly explain the loan process, mortgage products and the importance of home ownership in today’s changing world. Contact Adam today to begin your home buying journey.
Adam and his team did a great job in keeping me informed throughout the entire mortgage process and close process. I would highly recommend Adam to anyone out there looking for a mortgage. He is very knowledgeable and professional.- Alison F.
I was working with another bank and when my rate and closing costs went up, I started to ask questions that they were unavailable to answer. The loan officer at the bank turned out to be unprofessional. My friend recommended Adam at First Centennial Mortgage.- Eduardo P.
I am glad I left my previous lender for First Centennial Mortgage. Adam made me feel at home from the first moment that we interacted. His knowledge of the home-buying process was immediately evident. I will be certainly recommending First Centennial Mortgage to friends and family.- Hugo S.
Adam and his team said just work with us by getting all the paperwork we need to us ASAP! I did my part and First Centennial Mortgage got the job DONE! I'm in my first home of my own.- Dion S.
My over all experience was great. There was a great level of communication with Adam, his team and myself. I was surprised on how fast we were able to close. Thanks Adam!- Wakilu S.
Adam Murell is a true professional and a complete pleasure to work with. He was honest and upfront with us from the start. I would recommend him to anyone I know.- Andrew R.
Adam and his team were great. Very professional and helpful. They made my husband and I feel at ease. Great experience!- Gary S.
Adam and his First Centennial Mortgage team were informative, organized and expeditious in making a "painful process" A-OK.- Janet A.
Calculate Your Loan
Need a few moments to crunch some numbers? Our easy-to-use calculator will help you get a basic visual of a mortgage payment to help you decide what you can afford.
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Types of LoansWhich type is right for you?
First Centennial Mortgage offers a full menu of loan products. Whether you are buying your first home, moving up to a nicer home, relocating or want to refinance your current home, we have a loan that will fit your needs. To get started, contact me online or call 630.267.8471 to get in touch.
Fixed-rate home loans are the most common type of home loan in the mortgage industry. This option is low-risk and gives you predictable monthly principle and interest (P&I) payments for the next 15 or 30 years, depending on which loan term you choose. Fixed-rate loans are reliable for long-term owners ready to settle in one place for a long period of time.
An adjustable rate mortgage (ARM) is ideal for borrowers who plan to move within five years. ARMs take advantage of a low "introductory" interest rate so the loan stays at the same rate typically for 5, 7 or 10 years. Once the introductory period expires, the interest rate changes with the movement of an "index" (major interest rate). Following this movement, the amount of monthly interest either increases or decreases.
Conventional home loans are not backed by a federal agency, such as the U.S. Department of Veteran Affairs, U.S. Department of Agriculture or Federal Housing Administration. Conventional loans are idea for people with a stable job, income and good credit. Conventional home loans are more flexible in their terms and have fewer restrictions compared to government-backed products.
Federal Housing Authority (FHA) loans are government assured and are ideal for people with limited income or money for a down payment. These loans typically help first-time homebuyers, seniors or others with limits on what they can afford.
Jumbo home loans are considered non-conforming mortgages. They are for purchases with a loan value above the federal standard of $484,350, although that number varies based on location. For a home with a purchase price above this limit, a jumbo loan is needed.
Veterans Affairs (VA) home loans are a great benefit to military personnel during and after their service. These loans are partly guaranteed (typically a quarter of loan value) by the U.S. Department of Veterans Affairs.