Business Details
17 Years
experience
Your Trusted Mortgage Broker in Downers Grove, IL
Founded in 2009 by Reno Manuele and Tony Ameti, Neighborhood Loans has grown into a nationally recognized mortgage lending company dedicated to empowering homebuyers and owners through a streamlined, client-centric process. Our mission focuses on finding tailored loan products that align with clients' financial situations while securing their long-term homeownership goals. With strategically placed offices across the U.S., we maintain in-house operations to ensure transparency and integrity throughout every transaction. Our team's expertise spans conventional, FHA, VA, jumbo, and specialized renovation loans, supported by a commitment to education about homeownership benefits. Recognized as one of Inc.'s Fastest-Growing Private Companies and a top workplace by multiple publications, we combine industry knowledge with compassionate service.Our core values emphasize growth mindset, transparency, and community loyalty, reflected in our A+ Better Business Bureau rating. We pride ourselves on being available every step of the mortgage journey, maintaining nimbleness to adapt to market changes while upholding ethical standards that build lasting client relationships.
Services
FHA Loans
VA Loans
Conventional Loans
Jumbo Loans
Refinance Options
203k Loans
HomeReady Loans
USDA Loans
HomeStyle Loans
Adjustable Rate Mortgages
Details
- Year established: 2009
Highlights and features
- We offer 15+ years of combined leadership experience in mortgage lending
- Our proprietary loan processing system reduces closing times by 30%
- We maintain full transparency with no hidden fees or surprise rate changes
- Our in-house underwriting team ensures 24/7 process oversight
- We provide personalized mortgage education resources for first-time buyers
Associations and certifications
- Better Business Bureau
- Inc. 5000
- National Mortgage Professional Magazine
- Crain's Chicago Business
- Great Place to Work
What people say
Quick to respond
Knowledgeable team
Smooth process
Competitive rates
Personalized service
Services
FHA Loans
FHA-insured mortgages enable low-to-moderate income borrowers to purchase homes with minimal down payments. These loans require lower credit scores and offer flexible qualification standards. Ideal for first-time homebuyers seeking affordable financing options with government-backed security.
VA Loans
Department of Veterans Affairs guaranteed loans provide eligible service members zero-down payment options without mortgage insurance. These loans feature competitive rates and lenient credit requirements, supporting military families' homeownership goals through specialized VA benefits.
Conventional Loans
Non-government-insured loans with flexible terms for borrowers with strong credit profiles. Available in conforming and jumbo varieties, these mortgages suit buyers seeking traditional financing with customizable down payment and rate options.
Refinance Programs
Mortgage refinancing solutions optimize existing loans through rate reductions, term adjustments, or cash-out equity access. Streamlined options minimize documentation requirements while conventional refinances offer comprehensive restructuring capabilities for improved financial positioning.
Jumbo Loans
Non-conforming loans exceeding standard limits finance high-value properties. These mortgages cater to luxury homebuyers with robust financial profiles, offering competitive rates and terms for premium real estate investments exceeding agency loan caps.
People
Reno Manuele
Co-Founder
Co-founded Neighborhood Loans in 2009 with Tony Ameti, growing it into a nationally recognized mortgage lender through innovative process improvements and client-focused service standards.
Tony Ameti
Co-Founder
Co-founder instrumental in establishing Neighborhood Loans' in-house operations model, ensuring transparency and quality control across all mortgage transactions since the company's 2009 inception.
Aaron Johnson
Loan Officer
Experienced mortgage professional specializing in first-time homebuyer programs, providing personalized guidance through complex loan qualification processes with a focus on FHA and conventional products.
Adis Sator
Branch Manager
Manages Chicago-area operations with expertise in streamlining mortgage processes, implementing efficiency improvements that reduce average closing timelines by 22% compared to industry standards.
Al Zoubi
Senior Underwriter
Leads risk assessment operations with 12 years' experience evaluating complex mortgage applications, maintaining compliance with evolving regulatory requirements while optimizing approval pathways for qualified borrowers.
Questions
What mortgage options do you offer first-time homebuyers?
We specialize in FHA loans requiring 3.5% down, conventional 97 programs with 3% down, and state-specific assistance programs for qualified first-time buyers.
Can I refinance my existing mortgage with bad credit?
Yes, we offer streamline refinance options for borrowers with improved credit profiles and specialized programs for those with recent credit challenges.
How quickly can you close on a purchase transaction?
Our average closing time is 28 days, with expedited processing available for qualified borrowers needing accelerated timelines.
Do you offer jumbo loans for luxury properties?
Yes, we provide jumbo mortgage solutions up to $3 million with competitive rates for high-value home purchases and refinances.
What sets your company apart from other mortgage lenders?
Our combination of in-house underwriting, proprietary process technology, and personalized service has earned us multiple 'Best Place to Work' awards.
Can I get pre-approved without affecting my credit score?
We offer soft credit inquiries for initial pre-approvals that won't impact your credit rating during the first 30 days of rate shopping.
