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Montalbano & Associates
4843 W Newport Ave
Chicago, IL 60641
Phone: (312) 593-7629
Fax: (312) 873-4437
Michael P Montalbano
Designated Managing Broker / REALTOR®
312-593-7629
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An arrangement by which real estate brokers place their listings together so that all members of the multiple-listing service have an opportunity to sell properties listed by other members of the service.A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION of REALTORS® (USA) or the Canadian Real Estate Association (Canada). The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics.Hold mouse over logo for description.

PMI vs FHA MIP

Although the insurance protection concept is similar, there are differences between private mortgage insurance and FHA mortgage insurance. FHA insurance is a government-administered mortgage insurance program that does have certain restrictions. FHA has maximum regional loan limits that are lower than those with private mortgage insurance. FHA may be more expensive, take longer to receive approval, and have fewer payment plan options. FHA insurance lasts for the life of the loan, unlike private mortgage insurance which is cancelable in most circumstances. FHA is a good choice for some borrowers with credit history problems that might need special assistance.

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  • Buyers Assistance Program
  • Condominiums
  • Single Family Homes
  • Townhomes
  • 2/4 Flats
  • Multi-Unit Buildings
  • Foreclosures
  • Condo Development
  • Investment Consultant Services
  • Absolute Lowest selling commission rates in the Chicago area!


Areas Served:

  • Lincoln Park
  • Lakeview
  • Chicago Loop
  • Logan Square
  • Albany Park
  • Andersonville
  • Bucktown
  • Depaul
  • Edgewater
  • Gold Coast
  • Lincoln Square
  • North Center
  • Irving Park
  • Old Town
  • Printers Row
  • Ravenswood
  • River North
  • Sandburg Village
  • Sheridan Park
  • Streeterville
  • Ukranian Village
  • Uptown
  • West Town
  • Belmont Cragin
  • Portage Park
  • Jefferson Park
  • North Shore