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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Kristen Forbes
- Sr. Loan Officer
- Hanover Park, IL Mortgage Loan Officer
- NMLS #755946
I’ll be with you every step of the way
Hi, I’m Kristen, and I’ve been a loan officer since 1997. I provide a personalized loan experience for every borrower, focusing on preparing first-time homebuyers and helping clients repair their credit to become mortgage-ready. Through America’s #1 Retail Mortgage Lender, I can connect you with down payment assistance programs, mortgage grants, and credit improvement strategies to make your homeownership dreams a reality.
With more than 30 years of experience, I’m dedicated to finding the right loan for my clients by taking the time to understand their unique goals. I majored in Finance with a minor in Marketing at the University of Illinois in Chicago, and my background in underwriting and origination gives me the expertise needed to serve clients, agents, and business partners.
I’m a proud member of the National Mortgage Professional Association, NAHREP, and the Illinois Mortgage Bankers Association. I believe in giving back to my community, supporting sponsorship programs through CCM and local organizations.
Kristen’s testimonials
Guides and resources
My social posts
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.