Population
12,582,032
Average Household Income
$100,719
Bruna Valente Bua
Loan Officer
Reading, MA
Licensed in MA, IL, NH & FL
NMLS #2035430
Trusted Mortgage Lender in Illinois
Customized home loans tailored for Illinois buyers, with local service and national strength.
Built on Trust, Delivered with Speed
Purpose: help Illinois homebuyers move forward with clarity. Vision: a trusted, tech-enabled lender with local heart. Mission: fast approvals, fewer surprises, and programs for every path (DPA, specialty, investor). Culture: integrity and follow-through—celebrating your milestone and staying with you after closing.
Our motto is “mortgages for every stage of your life,” so whether you’re in Chicago, the suburbs, or any part of the Prairie State, our experts at NewFed Mortgage Corp. are here to assist you. We’re dedicated to guiding you through various mortgage property types, explaining refinancing options, and clarifying any confusion surrounding reverse mortgages.
Danvers Branch
Reading Branch
North Andover Branch
Winthrop Branch
Milton Branch
Loan Officers In Illinois
Illinois at a Glance
Illinois Mortgage & Housing Market Insights
Median Home Price
Recent data estimates in 2025 show that the median price of a home in Illinois is $280,645, reflecting a 4.4% increase over the past year.
Affordability Index
Affordability metrics suggest that spending more than 30% of income on housing is considered unaffordable in today's market. NewFed Mortgage can provide loan options to help cover the current costs of homeownership.
Financed Property Types
Surveys estimate that single-family homes are the most commonly financed property type in Illinois, especially in suburban and rural areas.
Mortgage Options for Illinois Homebuyers
Conventional Loans
Best for people with steady income and good credit who want low-interest rates.
VA Loans
A top choice for veterans, active military, and their families to buy a home with no down payment.
USDA Loans
Best for people buying a home in the country, with no down payment and low costs.
Reverse Mortgages
A good choice for older homeowners who want to get money from their home without selling it.
Non-Conventional Loans
A good option for people who don’t qualify for regular home loans but need a special loan.
HELOC Loans
Lets homeowners use the value of their home to get money for projects or bills.
FHA Loans
A smart pick for first-time homebuyers or people with lower credit who need a small down payment.
Mortgage Pricing & Affordability Calculators
Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence.
Five Things to Know When Starting the Homebuying Process
Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.
Why More Illinois Buyers Choose NewFed Mortgage
- Fast closings (39% faster than industry average)
- Local loan officers
- Modern (and mobile-friendly) tech + personal support
- 20+ years of local mortgage lending
