Category Archives: ‘down payment’ loan

Renovation Lending Aids the Property Search Given Available Inventory

One problem facing buyers in the current market is the lack of available inventory. Sellers continue to bide their time. However, buyers do not need to miss out on low interest rates or the ability to purchase in their target … Continue reading

Posted in "habitable condition", 'A & N Mortgage', 'down payment' loan, 'financial tips', 'Home equity' loans, a and n mortgage, conventional mortgage, lending, mortgage, rehab, renovation loan | Comments Off on Renovation Lending Aids the Property Search Given Available Inventory

The Welcome Home Illinois Loan Program”

 The state of Illinois started a huge advertising campaign 2 weeks ago for a new program called “Welcome Home Illinois”. Your members may be calling for more information. The program gives 1st time home buyers (a buyer who hasn’t owned … Continue reading

Posted in "illinois mortgage", "welcome home illinois", 'down payment' loan, 'financial tips', a and n mortgage, credit history, credit rating | 2 Comments

A and N Mortgage Tips: New Year, New Changes for 2014 Mortgages

Mortgages Affected: 2014 The Consumer Financial Protection Bureau are enforcing a new set of Qualified Mortgage rules that will start to phase in on January 10th, 2014 and the residential real estate market could be in for some major changes. … Continue reading

Posted in "debt ratio", "qualified mortgage' "credit report", 'A & N Mortgage', 'down payment' loan, 'financial tips', 'Home equity' loans | Comments Off on A and N Mortgage Tips: New Year, New Changes for 2014 Mortgages

Save Big Over The Life Of Your Loan

When purchasing a home, the interest rate of your loan is of prime importance as it can dramatically affect the amount you pay for your home. Depending on the amount of your loan, a 1 percent difference in loan rate … Continue reading

Posted in 'down payment' loan, 'financial tips', a and n mortgage, conventional mortgage, Cook county ;A and N Mortgage | 1 Comment