Clear to close in 14 days
ICE tracks closings nationwide and puts the typical file at about 38 to 42 days. That 14-day number is the average for our files. We underwrite and fund here, so the file does not sit in some national underwriting hub.
About
I’m Bill Egan.
President & Owner · Egan Financial Group LLC
I founded Egan Financial Group LLC because I wanted a better experience for my clients. I wanted to be involved in the process of the loan and not lose control in some corporate maze. I built the company so I can take your application, keep the underwriting process close, and be able to fund your mortgage without the delays of a random corporate or broker middleman.
I owned a broker shop for 13 years, so I know the pains of being a broker only. Brokers lose control of the process because they do not underwrite, fund, or close loans in their own names. I then spent a decade at a large retail lender and liked the control of an independent mortgage banker (IMB). I had to leave when the company overhead made it impossible to offer the most competitive rates to my clients.
Going back to brokering was not the answer. I needed a new twist on an IMB. Egan Financial Group LLC — a low-overhead, high-tech, micro mortgage banker — was the answer. All the power of the big guys without the big-guy overhead raising rates for my clients.
The best mortgage originator, banker, and broker — in one
After owning a broker shop, working at a big IMB, and opening my new-concept IMB, my only goal is to create the best mortgage experience for my clients. With Egan Financial Group LLC, I built all the best tools to be the best mortgage loan originator or “best mortgage broker” in the country for my clients.
I will keep expanding into other states, and as the licenses come through, I will update our licensing pages. I promise our concept will not change when the map expands.
- Individual NMLS
- 7342
- Company NMLS
- 2647764
- Illinois license
- 0310003293
- Office
- Aon Center, Chicago
Written by Bill Egan, NMLS 7342
Our headquarters
Aon Center
200 East Randolph Street Suite 5100
Chicago, Illinois 60601
Open in Google MapsDirect-to-lender pricing
Egan Financial Group LLC is the lender. There is no broker markup and no corporate overhead built into the rate.
In-house underwriting
The file is underwritten here, to investor guidelines — not dropped into a national queue. If something is missing, you hear from the person who needs it.
Closings average 35 to 60 minutes
Most mortgage closings run 45 to 90 minutes. Ours average 35 to 60 minutes because we send the money to the title company in advance — no “waiting on the wire.”
Refinance
Reduced refinance fees for all of our customers.
When you close a purchase loan with Egan Financial Group LLC and you come back to refinance later, you get a $2,000 lender credit to offset your closing costs.