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Profile picture for Peter Thompson

Peter Thompson

Lender

Senior Loan Officer (24 years experience)

Specialties:
Purchase Loan,
Refinancing,
Rehab and renovation mortgages

Ratings & Reviews

When we began looking for a house in late 2013, Pete was referred to us by some of our friends. We came to find that this was the best advice we'd received. Pete walked us through every step of the origination, underwriting and closing processes; explaining every step in detail and assuaging any fears that we'd had. He was very knowledgeable and responsive, and answered every one of our (many) questions we'd lobbed over throughout the process. Pete had reached out again about a year later, advising us that rates had dropped. He helped us out again with the refi. We recently closed and ended up shaving off a sizable amount on our mortgage! If you're looking for a team who is knowledgeable, consistent, articulate and responsive, go with Pete and his team.

  

03/25/2015 - user1609485
Closed purchase loan. Park Ridge, IL

When we began looking for a house in late 2013, Pete was referred to us by some of our friends. We came to find that this was the best advice we'd received. Pete walked us through every step of the origination, underwriting and closing processes; explaining every step in detail and assuaging any fears that we'd had. He was very knowledgeable and responsive, and answered every one of our (many) questions we'd lobbed over throughout the process. Pete had reached out again about a year later, advising us that rates had dropped. He helped us out again with the refi. We recently closed and ended up shaving off a sizable amount on our mortgage! If you're looking for a team who is knowledgeable, consistent, articulate and responsive, go with Pete and his team.

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09/13/2014 - acnewbill
Closed purchase loan. Swift, Addison, IL 60101

Pete was very knowledgeable on every question that we had, which was a lot. He called or responded to every email, typically within an hour. He even helped us out on the weekends when we needed a preapproval letter. His team, including Toni and Keri, were very helpful and even though we had a few struggles, we were able to get an approval to close on time. We can't say that the sellers were so timely and our closing date had to be pushed for a week and a half, but Prospect Mortgage helped us with that all process as well. We highly recommend Pete and Prospect Mortgage.

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09/05/2014 - user539611
Closed purchase loan. Naperville, IL

Peter was a big help to us after starting the process with another mortgage company that we were not happy with. Peter came highly recommended and was a pleasure to work with.

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08/27/2014 - emily tauchen
Closed purchase loan. South Addison, Villa Park, IL 60181

As a first time home buyer, Pete made the experience easy and virtually stress-free. He responded to my initial email almost immediately and started the process. When it came time to review the first round of paperwork, Pete set aside the time to talk through each and every document and explain what it meant in simplified language. My realtor was quite impressed with Pete as he was constantly in contact with her, updating her on the status of the mortgage and the various stages it was in. Pete worked tirelessly with me, answering my questions with great patience and a calm demeanor. It was wonderful working with Pete and I recommend him 100% !!

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08/13/2014 - corydicarlo
Closed purchase loan. Wheaton, IL

Pete worked extremely hard to get the mortgage to close on a reasonable time scale. Very helpful and kept in touch with us to let us know where everything was at all times. No surprises at closing and everything went through as expected. I highly recommend him and his group!

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07/23/2014 - sunaysal
Closed purchase loan. Naperville, IL

Pete was very responsive, catered to my needs, and made sure to stay on top of his crew to get things we done. We ran into an obstacle that was out of their hands, but they made sure to stay in touch with me and keep me apprised on the situation. They were extremely helpful.

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07/22/2014 - user21705768
Closed purchase loan. Itasca, IL

My husband and I worked with Pete to obtain a loan for the purchase of our new home. Pete was absolutely wonderful to work with! He is very responsive and knowledgeable. My husband and I had tons of questions and he made the process very simple and was always available when we needed him. I highly recommend Pete!

Joe and Patti Stella

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07/20/2014 - elizabeth lee payne
Closed purchase loan. Villa Park, IL

Working with Peter Thompson & Prospect Mortgage Co. was the best decision I ever made in purchasing my first home. Not only did they find me a good interest rate, they helped me organize my finances to accommodate the requirements needed to qualify for the home as well. Prior to going Prospect Mortgage, I went through various other lenders such as Chase, PERLE Mort & Inland Bank, each bank had disappointing outcomes. Pete & Prospect Mortgage were able to approve me for $60k more than any of the other banks. Before you go through anyone else, I HIGHLY recommend you see Prospect Mortgage first. Their honesty, knowledge of the market/field, respect for others & professionalism will be sure to take care of your needs. This company is Top Notch and they made my dreams come true when everyone else closed the doors on me.

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07/14/2014 - magdabaut77
Closed purchase loan. Villa Park, IL

Very happy with how Peter Thompson was able to help me get a mortgage loan in a complicated situation and was able to guide me through the process. I will recommend Prospect Mortgage to my friends in the future. Thank you for your service Peter.

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06/03/2014 - rjwolverine
Closed purchase loan. Manhattan, IL

I was very impressed by the way Peter Thompson and his crew worked, I had my condo on the market for about a year and a half and had no luck with buyers. I short saled and I was still able to get approved for a loan for my new home (after looking) right away. Others told me I had to wait for 2 years, Peter and his crew made it happen a lot sooner for me!! Thanks Peter and the crew, you helped me when others told me they couldn't, you best believe I will be recommending people to you buddy, again, thanks!!!

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