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Sheryl Cohen Becker, MBA

Vice President of Mortgage Lending
3940 North Ravenswood, Chicago, IL 60613
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NMLS: 389143
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TestimonialsCustomer testimonials Read more

Sheryl Becker was awesome throughout my entire process. She responded to every email and phone call immediately, and answered my questions thoroughly. She kindly guided me through a new process that could have been much more stressful and mind-boggling. I never felt alone and no matter how busy Sheryl was, she always made time for me and made me feel I was a priority. I have been recommending Sheryl Becker to all of my family, friends, and colleagues for their future loan needs. Sheryl was...

Darwanna F. - April | 2017

Sheryl Becker is excellent! I've worked with Sheryl on a number of loan options in the past and can't speak highly enough on her responsiveness and customer service!

Andrew C. - 11/28/2016

Sheryl Becker Cohen was excellent! I am naturally a worried/anxious person, but she was always available to answer my questions and offer support. Sometimes I was irritated with the amount of papers and documentation required, but I understand this is all part of the process. Thank you for a great experience!

Dana K. - 12/01/16

Thank YOU for all your organization, coordination, patience and support! You made the mortgage process the smoothest part of buying this house! We're truly so grateful for your help; you did such a beautiful job, and you were so supportive through those last minute changes. We will absolutely recommend you to anyone we know looking to secure a loan. Thank you again for everything!

Sierra and Ed L. 11/04/16

Sheryl was incredibly helpful and responsive throughout the process, as was her team. She worked well with my realtor and with my lawyer. GR's offers were also more competitive than others when I shopped them around against PERL or Chase. I preferred to use Chase since that's where I bank, but GR won the business from Chase by giving me a better rate and a better deal.

Jonathan M. - 09/23/2016

Sheryl is a pleasure to work with - knowledgeable, thorough, patient, and flexible. I would recommend (and have recommended) Sheryl and her team to others with confidence.

Alex F. 02/19/16

Her service was stellar from offer to closing and I couldn't have asked for a more pain-free experience for my first home purchase. I will be recommending Sheryl to anyone that is in the market for a house

Selena G. 01/12/2016 Part 2

Sheryl is incredibly thorough, patient, and friendly. During the course of our home search, she was always willing accommodate my and my husband's work schedule to be able to speak to both of us when we had questions about the mortgage loan process.

Selena G. 01/12/2016 Part 1

Sheryl is incredibly thorough, patient, and friendly. During the course of our home search, she was always willing accommodate my and my husband's work schedule to be able to speak to both of us when we had questions about the mortgage loan process.

Selena G. 01/12/2016 Part 1

I want to THANK YOU AGAIN for your help with my home purchase. The loan officer who helped the buyer of my old place was a disaster… 4 extensions, and 1 rescheduled closing. He reconfirmed for me how really, really good you are at your job!

Liz H. 05-27-2015

About Sheryl

Helping people navigate home financing is in my blood. I enjoyed over a decade in the business together with my father and mentor, Ray Cohen, before his untimely death in June of 2013. I spent a few summers working in the family business and eventually could no longer ignore the full time calling in 2002. I earned my BS in Finance from the University of Illinois & MBA in Marketing & Management from NYU and enjoyed experience in the banking, consulting, and consumer packaged goods industry.

I love helping people navigate the waters of home financing. I understand buying a home is the biggest financial decision of my client's lives so I am grateful to ease their stress and find the mortgage program that best fits their personal situation.

I am a native of the North Shore and enjoyed living both in NYC and LA, but Chicago is truly my sweet home. As the mother of two small children and wife to a very supportive husband, I wear a lot of hats on any given day. I manage by trying to enjoy every moment whether that involves sports, the arts, exploration or playdates. I also enjoy the theater (live and on the big screen), dining out and traveling. Iýve been called an avid White Sox fan from time to time as well.

Sheryl interview Q&A

How long have you been in the mortgage business and what inspired you to get into it?
I earned my BS in Finance from the University of Illinois & MBA in Marketing & Management from NYU before joining the mortgage business full time in 2002. My education coupled with my experience in banking, marketing and consulting, makes working with clients to personalize their financial goals, a natural fit! Helping people navigate home financing is also in my blood. I enjoyed over a decade in the business together with my father and mentor, Ray Cohen, before his untimely death in June of 2013.
Who is your typical customer and what questions do they typically have?
I work with all types of people with varying financing knowledge and needs. Questions usually include, how much do I have to put down and what can I afford. I suggest that understanding for how much you can qualify is only part of the conversation, the key is with how much you are comfortable spending on a monthly basis. Working with first time home buyers is very rewarding as it’s their first experience in home ownership. However, I believe each time a home is purchased, or even refinanced, everyone is excited and possibly a bit stressed, whether it’s their 1st, or 5th time around. I appreciate the opportunity to ease the process.
What specific steps do you use to help your customers find the best home loan for them?
Managing expectations is key to a smooth and stress free transaction. I listen closely to ascertain the goals of my clients and discuss ways to best meet them. For how much they can qualify is only part of the conversation, the real key is how much are they comfortable spending on a monthly basis. Going through their income, assets and liabilities as they are now and how they expect them to be in the future, assists in finding the right financing solution. That solution includes not only the mortgage program, but also the down payment options available. Communication throughout the process is key so clients aren't left feeling alone until they buy a house nor during the process until closing.
What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?
One person's "pro" is another's "con." This is why exceptional personalized service is key to determine how the pro's can take the client into home ownership. A single person or new couple looking to have a family in the near future, is not likely to stay in their 1st home 10 years, let alone 30 so an ARM may make more financial sense. The downside of an ARM is that it can (and likely will) adjust after a fixed period so buyers must understand how the adjustment may affect their monthly payment. Buyer(s) securing a loan for a larger home or specific plans to stay in that home long term, may find that 30 year fixed is the only logical choice so they can count on the consistency of their payments. With the volatility of the market and clients' ever changing needs, I appreciate the opportunity to assist in determining the right course of action for now. Should one's goals change, I can always refinance the loan as well.
What advice would you give new or first time home buyers?
I stress that understanding for how much they can qualify is only part of the conversation, the real key is how much are they comfortable spending on a monthly basis.
What part of the home loan process do customers find most difficult and how do you help them through it?
Managing expectations is key to a smooth and stress free transaction. I thoroughly explain financing from pre-approval to final loan approval on through the closing as well as keep all parties updated every step of the way.
What are the top 3 misconceptions people have about the home loan process?
A misconception is that you need 20% down to avoid Mortgage Insurance. There are creative ways around it including a Home Equity Line of Credit. Some say an ARM is a “bad” or “dangerous” option. I suggest that there are no bad or good overall choices, just options that work best for those making the mortgage payments.
What can borrowers do to insure a smooth mortgage underwriting process?
A thorough investigation of a borrowers' financial landscape during the pre-approval process is a crucial beginning. We are a team working together towards the common goal of home ownership. Transparency and expediency are vital for a smooth transaction. For all pre-approval, I secure income, assets and liability documentation to clear the path to home ownership. Buying a home is exciting and stressful, I let borrowers concentrate on the excitement as I ease that stress.
Summary of where you grew up: family, affiliations, college, high school, etc.
I’m a native of the North Shore and enjoyed living both in NYC and LA, but Chicago is truly my sweet home.
What provides you with the most satisfaction in your job as a Loan Officer?
My clients all come by referral. Knowing I was able to make a positive difference on the lives of clients and earning their trust to assist their clients, family, and friends in the same manor, gives me a great sense of pride.
What do you enjoy doing most in your spare time when you are not helping people with their home loans?
As the mother of a young boy and girl, I love spending time with them and my husband. Sports, exploration and playdates fill a lot of our time. I enjoy sporting events, film, the theater, dining out and traveling with my family and friends as well. I’ve been called an avid White Sox fan from time to time as well.
Tell us something that makes you unique or something wacky, yet interesting about you?
I managed to get myself into the White Sox World Series celebration party right after they won the Championship in Houston in 2005. I know it was over a decade ago, but it was a very unique opportunity and pretty cool.

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