Category Archives: refinance

Summer Refinance Tips

  Paying your loan off in a shorter period of time is not only a surefire way to save money over the life of your loan, but it is also a way to obtain an attractive rate on your mortgage. … Continue reading

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I have been receiving a lot of questions about FHA Mortgage Insurance Premium, Here are Some Answers

FHA mortgage insurance is similar to the private mortgage insurance (PMI) required for conventional mortgages with down payments below 20%, but key differences exist: Up-front Fees: 1% up-front fee due at closing. Rate: For fixed rate loans, there is an … Continue reading

Posted in a and n mortgage, Chicago, commercial loan, conventional mortgage, credit history, down payment, FHA, fixed rate loan, lending, MIP, pmi, PMI premiums, refinance | Comments Off on I have been receiving a lot of questions about FHA Mortgage Insurance Premium, Here are Some Answers

The Importance of Customer Service and Referrals in the Mortgage Business

Sr. Mortgage Consultant Mike McNamara   Illinois Residential Mortgage Licensee #MB.0006638 FL#MLD288 IN#11122 IA#2006-0064 MA#MC5413 MI#FL0012625 WI #19291BA NMLS# 19291 Copyright 2011 anmtg.com All rights Reserved. Privacy Policy

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FHA: Fewer Home Approvals

The Federal Housing Administration suffered a 27% drop in market share from fiscal 2010 numbers. Department of Housing and Urban Development numbers show that while FHA refinance volume has increased by 9% since August, the 12% drag on purchase production … Continue reading

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A and N’s Home Buyer Tips: Get the Best Refinance Rates

Improve Credit – If you’re a homeowner with great credit and plenty of equity, odds are those lower rates are within your reach. But if your score is less than desirable, work at improving it by paying all of your bills … Continue reading

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