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Bill Siefken

Loan Officer

NMLS ID 591634
Purchase Refinance

About Bill

Bill has been a Mortgage Loan Originator since 2008. Since graduating from Northern Illinois University with a Finance degree in 2003, he has managed a Chase Bank branch in Moline, IL, for 5 years and worked as a Loan Officer for a community bank for 8 years. In 2016, Bill opened a mortgage lending office in Clinton, IA, and is now managing Key Mortgage Group’s Clinton office. “I was very excited to open the office in Clinton, IA, and as I have been working in the area for the past 12 years and grew up in Fulton, IL, I knew there was a lot of opportunities to help my clients purchase or refinance their home with a greater offering of loan programs that I had at previous employers. The efficiencies and staff that Key Mortgage Group offers help streamline the process from application to closing.” Bill qualified for the Iowa Mortgage Association’s Winner’s Circle in his 3rd year operating his office helping over 100 clients purchase or refinance their home. He gives credit to his talented team and for his clients referring others to him after having great experiences. Bill lives in Camanche, IA, with his wife, Nikki, and two daughters, and enjoys coaching basketball, boating, golfing, and spending time with family and friends.

Contact Details

1127 N 2nd Street, Suite G
Clinton, IA 52732

wsiefken@homeside.com

563 340 2281

I am licensed in Illinois, Iowa, Minnesota.

  • Bill goes above and beyond and is very thorough, I would absolutely recommend going to Bill for your mortgage needs. - Tom C.

Homeowner Benefits

  1. Shelter and Security – Beyond fulfilling the basic need of shelter, owning your home provides added security that your shelter is in your control.
  2. Building Equity – Growing your equity increases your borrowing and purchasing power, building your future financial resources.
  3. Tax Benefits – Mortgage interest and property taxes are deductible! Dependent on your circumstances, additional tax breaks may be available as well.
  4. Good Long-Term Investment – Rather than paying for the use of someone else’s property, you are able to invest in your own with a high likelihood of profitability in the future.
  5. Creative Freedom – Homeownership comes with the added benefit of being able to make decisions about permanent changes to your home that renting does not. That pink door you’ve always wanted or that ultimate deck set-up you’ve been dreaming of can be yours.

For benefits specific to you, reach out to your loan officer today!

Dos & Don'ts of Home Buying

Avoid some of the most common pitfalls of the mortgage process. Here are a few tips to ensure a speedy process and smooth closing.

DO

  • Get preapproved. We don’t want you to fall in love with a house that’s out of your budget.
  • Inform us of any financial or employment changes.
  • Continue to pay your rent, mortgage and all monthly payments on time.
  • Maintain your current employment and income.
  • Keep a paper trail of important documents such as W2’s, tax returns, paystubs etc.
  • ASK QUESTIONS! We’re here to help and will never be too busy to respond to you.

DON’T

  • Go house shopping without knowing what you can afford.
  • Change or quit your current job.
  • Make major purchases such as furniture, new cars, boat, etc.
  • Make large cash deposits in your bank account other than your paycheck.
  • Plan a vacation during your loan process.
  • Apply for, pay off, max out or close any credit card accounts.

Mortgage Application Checklist

Ready to get started? Below is a list of documentation we’ll need to get started processing your loan.

-Two most recent and complete tax returns
-Two most recent W2s*
-Two most recent pay stubs
-Two most recent and complete bank statements
-A copy of your photo ID

*Self employed borrowers may need to provide additional documentation

Mortgage Acronyms

ARM: Adjustable-Rate Mortgage
CD: Closing Disclosure
CLTV: Combined Loan-to-Value
DTI: Debt-to-Income
DU: Desktop Underwriter
EMD: Ernest Money Deposit
HELOC: Home Equity Line of Credit
LE: Loan Estimate
LTV: Loan-to-Value
MIP: Mortgage Insurance Premium
PMI: Private Mortgage Insurance