Marcus Downs

NMLS# 321363

"iListen
iCare
iExecute
iClose"

I’ve been writing home loans since 2004 and pride myself in being the very first hire at iLoan.

I specialize in first-time homebuyers, VA, rehab and construction loans. I am a volunteer instructor for the Homestretch classes. I also volunteer at the VA center. You can also find me at area churches and community centers, helping underprivileged people on how to improve their finances.

I graduated with a Math and Philosophy double major from the University of Saint Thomas. So not only can I provide you in-depth numerical analysis but also new ways to think about your mortgage and the most efficient way to manage that debt.

iLoan is known for cutting-edge technology and for putting the customer in the driver’s seat. Our surveys show how much our tools, calculators, and automated systems can really blow minds. And yet, I consider myself a people person. I like to meet in person. I like to understand your goals and concerns, not just your credit score. Because if you don’t know where you’re going, no amount of technology can get you there.

You will always have my complete attention. Due diligence and communication are my strong suits. I eat and breathe this stuff so you don’t have to. But if you’re so inclined and like to be involved, we have nothing but answers and solutions.

“Marcus was a great resource in my home buying experience. He was always quick to follow up with my numerous questions and did not shy away from explaining things several times on different occasions to make sure that I understood. I left each conversation having learning something that was new and helpful. If I were to give Marcus a rating between 1 and 10 with 10 being the highest, he’d get a 12+.” – Parker

“We had a very long journey on our buying and selling process and Marcus stuck with us the entire way. He educated us and was patient with all of our questions during our eventful process!” – Kaley

“this was our 2nd home purchase and was nothing like our first experience. The whole staff was awesome at keeping things going smoothly and quickly. I would recommend Marcus downs and the team at iloan to anybody. Great job guys! And thank you!” – Dean

“I’m a very busy person but they managed to simply everything for me and got things done in a timely manner.” – Jocylynn

“Marcus and company were a delight to work with. They took the worry out of this complicated process. I would recommend Marcus to my closest friends and family. If I am ever in need of any type of mortgage services again I will not consider another before him.” – Steve

“Marcus and his whole team were very helpful to me in getting my loan set and approved fast. Marcus was especially thoughtful when it came to hearing my concerns and answering my questions about all the parts of the process.” – Caitlyn

“Being that I was purchasing my first home, Marcus walked me through every step of the process so I knew what to expect at every stage. Overall it was a quick and easy process!” – David

“Marcus is extremely knowledgeable about the process of home mortgages and closing, as well as different loan options and the finance behind these options. He goes beyond the mere transaction and takes pride in educating and explaining the process to the client. Highly recommend to anyone considering a home mortgage!” – Matthew

“From start to finish, we found Marcus to be extremely knowledgable and patient. He made sure all our questions were answered, even when we asked the same ones two (or three) times. His explanations were both thorough and easy to understand. Highly recommended!” – Mark

“Marcus was very involved in this process and was very helpful in answering any questions I had in a very prompt and thorough manner. I was very pleased with the amount of attention he gave to my loan.” – Alexander

“Marcus Downs is exceptionally gifted at enhancing the experience of loan officiating. He made my experience warm, pleasant, and hassle free. I would refer to all my friends” – Ronald

  • Conventional Fannie Mae Mortgages
  • Conventional Freddie Mac Mortgages
  • FHA Mortgages
  • VA Mortgages
  • Rural Development Mortgages
  • Jumbo Mortgages
  • Super Jumbo Mortgages
  • New Construction Mortgages
  • First Time Homebuyer Programs
  • Non-Agency Portfolio Mortgages
  • Subprime Mortgages
  • Recast Mortgages
  • Private Mortgage Insurance Options
  • Underwriting
  • Evaluating the Self-Employed Borrower
  • Real Estate Contract Negotiation
  • Home Search Methodology
  • Homebuyer Education
  • Strategies on Locking vs. Floating
  • Down Payment Assistance

My Bio

I’ve been writing home loans since 2004 and pride myself in being the very first hire at iLoan.

I specialize in first-time homebuyers, VA, rehab and construction loans. I am a volunteer instructor for the Homestretch classes. I also volunteer at the VA center. You can also find me at area churches and community centers, helping underprivileged people on how to improve their finances.

I graduated with a Math and Philosophy double major from the University of Saint Thomas. So not only can I provide you in-depth numerical analysis but also new ways to think about your mortgage and the most efficient way to manage that debt.

iLoan is known for cutting-edge technology and for putting the customer in the driver’s seat. Our surveys show how much our tools, calculators, and automated systems can really blow minds. And yet, I consider myself a people person. I like to meet in person. I like to understand your goals and concerns, not just your credit score. Because if you don’t know where you’re going, no amount of technology can get you there.

You will always have my complete attention. Due diligence and communication are my strong suits. I eat and breathe this stuff so you don’t have to. But if you’re so inclined and like to be involved, we have nothing but answers and solutions.

My Articles

My Reviews

“Marcus was a great resource in my home buying experience. He was always quick to follow up with my numerous questions and did not shy away from explaining things several times on different occasions to make sure that I understood. I left each conversation having learning something that was new and helpful. If I were to give Marcus a rating between 1 and 10 with 10 being the highest, he’d get a 12+.” – Parker

“We had a very long journey on our buying and selling process and Marcus stuck with us the entire way. He educated us and was patient with all of our questions during our eventful process!” – Kaley

“this was our 2nd home purchase and was nothing like our first experience. The whole staff was awesome at keeping things going smoothly and quickly. I would recommend Marcus downs and the team at iloan to anybody. Great job guys! And thank you!” – Dean

“I’m a very busy person but they managed to simply everything for me and got things done in a timely manner.” – Jocylynn

“Marcus and company were a delight to work with. They took the worry out of this complicated process. I would recommend Marcus to my closest friends and family. If I am ever in need of any type of mortgage services again I will not consider another before him.” – Steve

“Marcus and his whole team were very helpful to me in getting my loan set and approved fast. Marcus was especially thoughtful when it came to hearing my concerns and answering my questions about all the parts of the process.” – Caitlyn

“Being that I was purchasing my first home, Marcus walked me through every step of the process so I knew what to expect at every stage. Overall it was a quick and easy process!” – David

“Marcus is extremely knowledgeable about the process of home mortgages and closing, as well as different loan options and the finance behind these options. He goes beyond the mere transaction and takes pride in educating and explaining the process to the client. Highly recommend to anyone considering a home mortgage!” – Matthew

“From start to finish, we found Marcus to be extremely knowledgable and patient. He made sure all our questions were answered, even when we asked the same ones two (or three) times. His explanations were both thorough and easy to understand. Highly recommended!” – Mark

“Marcus was very involved in this process and was very helpful in answering any questions I had in a very prompt and thorough manner. I was very pleased with the amount of attention he gave to my loan.” – Alexander

“Marcus Downs is exceptionally gifted at enhancing the experience of loan officiating. He made my experience warm, pleasant, and hassle free. I would refer to all my friends” – Ronald

My Videos

Specialties

  • Conventional Fannie Mae Mortgages
  • Conventional Freddie Mac Mortgages
  • FHA Mortgages
  • VA Mortgages
  • Rural Development Mortgages
  • Jumbo Mortgages
  • Super Jumbo Mortgages
  • New Construction Mortgages
  • First Time Homebuyer Programs
  • Non-Agency Portfolio Mortgages
  • Subprime Mortgages
  • Recast Mortgages
  • Private Mortgage Insurance Options
  • Underwriting
  • Evaluating the Self-Employed Borrower
  • Real Estate Contract Negotiation
  • Home Search Methodology
  • Homebuyer Education
  • Strategies on Locking vs. Floating
  • Down Payment Assistance

Thanks for considering me for your loan officer.

If you’re curious about my company, we are the biggest mortgage lender in MN that you’ve never heard of. We underwrite and fund our own loans and deliver different “end investors” that I’m sure you have heard of (i.e. Wells Fargo, US Bank, Chase, DiTech, etc.). We also have delegated underwriting authority for Fannie Mae, Freddie Mac, RD, MHFA, VA and FHA loan products. For my personal resume click here and for our company Better Business Bureau rating, click here.

A lot of the mortgage process can be handled online and over the phone these days. Ideally we take your application and gather all required documentation prior to meeting. That way, instead of asking questions, I’ll be providing you with answers and options. If all else fails, we can always do a video conference. It’s easier than you think. Join me at https://join.me/MarcusDowns.

Of course, all this begins with an application which you can find here. Once I receive the application, I’ll be following up with you with some immediate answers. At that point, I’ll also request documentation and schedule an appointment. You do not need your documentation prior to completing the application. If you encounter any questions on the application you don’t understand either skip them or put whatever as you will not be locking yourself into anything and I’ll be going over those things with you anyway. Just get through the application in 15 minutes flat and let me handle the rest. And of course, let me know if you have any questions.

Welcome to the first step in homebuying!

 

iLoan Home Mortgage

Welcome to iLoan Home Mortgage, your source for residential mortgages in Chicago. Whether you are purchasing your first home or refinancing an existing mortgage, iLoan's experienced professionals are to help. Take advantage of our low rates and ask our representatives about our NO FEE Mortgage. We look forward to working you!


HOURS
Monday - Friday | 9 AM - 7 PM
Saturday | 10 PM - 6 PM
Sunday | By Appointment
ONLINE 24/7 - //apply

PHONE
888-313-0404
LOCATIONS
3069 W Armitage Ave
Chicago, IL 60647