Mortgage Loans in Merrillville, IN

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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.

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All about Merrillville, IN

Merrillville is a town in Ross Township, Lake County, Indiana, United States. The population was 35,246 at the 2010 census. Merrillville is in east-central Lake County, in the Chicago metropolitan area. On January 1, 2015, Merrillville became the most populated town in Indiana, as Fishers in Hamilton County was converted from a town to a city. The town serves as a major shopping hub for Northwest Indiana.

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

History of Merrillville, IN

Merrillville occupies what used to be woodland belonging to the Potawatomi Indians. In 1834, a clearing was created for ceremonial purposes and called McGwinn Village. A year later, a white man, Jeremiah Wiggins, settled in the place; McGwinn Village became Wiggins Point.

Wiggins Point became a well-known stop for wagon trains heading to Joliet, Illinois along the Sauk Trail (also called the Sac Trail), an old Indian trail. At one time, 16 trails radiated outward from Wiggins Point. In 1838, Wiggins died. Sometime afterward, local settlers renamed the place Centerville. Later still, it was renamed Merrillville after the brothers Dudley and William Merrill. Dudley Merrill operated a hotel and store in Centerville, and his son John P. Merrill was a Township Trustee.

Nearby, in the same former Potawatomi hunting grounds, other settlements had sprung up. Near Deep River creek was a settlement named Deep River; near Turkey Creek was another settlement with that creek’s name. Others included Ainsworth, Lottaville, and Rexville. At one time, the post office for the area was named Lottaville.

In 1848, all of these settlements, including Merrillville (that is, the old McGwinn Village) were collected into one and called Ross Township. As time went by, bits and pieces of Ross Township were taken by Hobart and Crown Point when those towns incorporated.

In 1971, the area officially became Merrillville (which now includes the old Merrillville as well as other settlements nearby) and was incorporated as a town under Indiana law. During this time, the majority of the town’s growth was due to white flight from Gary.

In 1993, Merrillville tried to annex unincorporated Winfield Township to get more land. The residents blocked Merrillville by creating the town of Winfield.

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

Geography of Merrillville, IN

Merrillville is located at 41°29′08″N 87°20′07″W.

According to the 2010 census, Merrillville has a total area of 33.26 square miles (86.14 km2), of which 33.22 square miles (86.04 km2) (or 99.88%) is land and 0.04 square miles (0.10 km2) (or 0.12%) is water.

The town is centered on the intersection of U.S. Route 30 and Interstate 65.

The Lincoln Highway runs through Merrillville. The original alignment of Lincoln Highway is known as 73rd Avenue (also called Old Lincoln Highway) in Merrillville, while the current Lincoln Highway (US 30) is known as 81st Avenue. State Road 53 (Broadway) and State Road 55 (Taft Street) traverse the town from north to south.

Merrillville’s asymmetric shape results in numerous boundaries with other municipalities. It is bordered by Gary and unincorporated Calumet Township, Lake County, to the north; Hobart to the northeast; Union Township, Porter County, to the east; Winfield and Crown Point to the south; Schererville to the west; and Griffith to the northwest.

Source: https://en.wikipedia.org/wiki/Merrillville,_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@novushomemortgage.com(219) 707 8106
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Thomas Faille HomeTown Lenders Team

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