Author Archives: Neena Vlamis, President of A and N Mortgage

Mortgage Rates Reaching All-Time Lows Amid Coronavirus Fears

Posted on March 20, 2020 by Neena Vlamis, President of A and N Mortgage

The novel coronavirus (COVID-19) pandemic is taking the stock market on a wild ride and causing industries like travel to bleed red ink. But the recent coronavirus-induced economic uncertainty benefits some groups of people, including present and prospective homeowners. On … Continue reading →

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Is It Beneficial To Turn HELOC Into A Fixed Rate Loan?

Posted on February 5, 2020 by Neena Vlamis, President of A and N Mortgage

Over the past few years, real estate market prices have been steadily rising, subsequently raising the amount of equity available for your home. For those you who don’t already know, home equity is the interest a homeowner earns from their … Continue reading →

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Your Guide To Conventional Mortgage Loans

Posted on January 25, 2020 by Neena Vlamis, President of A and N Mortgage

As you consider applying for a mortgage, it can be equally comforting and daunting to know that there are so many options available as you look to finance the purchase of your home.  Conventional loans, sought by over 60% of … Continue reading →

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10 Commandments For Home Buyers

Posted on January 17, 2020 by Neena Vlamis, President of A and N Mortgage

So you’ve decided to buy a house. Congratulations! Buying a new home and securing a mortgage can seem intimidating, but this handy overview will assure you of your decision and how to proceed. The key to skillfully navigating the process … Continue reading →

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How To Score The Best Refinance Rate

Posted on December 27, 2019 by Neena Vlamis, President of A and N Mortgage

Refinancing your home can save you thousands of dollars if you take your time and do your homework. Interest rates are currently very low, meaning that refinancing your mortgage to the lower rates available now can be easily worth your … Continue reading →

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A Comprehensive Guide To Home Equity Loans

Posted on December 21, 2019 by Neena Vlamis, President of A and N Mortgage

A home equity loan—also known as a “second mortgage”—can be an affordable way to borrow money against the equity you’ve built up in your home. Home equity loans allow homeowners to use their properties as collateral to secure large lump … Continue reading →

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APR vs. Interest Rate: Understanding The Difference

Posted on November 15, 2019 by Neena Vlamis, President of A and N Mortgage

As you consider your mortgage options, you need to know the difference between two key figures: the interest rate and the annual percentage rate (APR). These two numbers, both expressed as percentages, appear on the paperwork and truth-in-lending documentation that … Continue reading →

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How To Become A Licensed Mortgage Broker In Illinois

Posted on November 10, 2019 by Neena Vlamis, President of A and N Mortgage

A and N Mortgage is Chicago’s premier mortgage banking firm. We employ some of the most renowned mortgage officers in Chicago and are ready to help new mortgage brokers navigate the mortgage lender license requirements in Illinois. This guide will … Continue reading →

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Is A Multifamily Home And Mortgage Right For You?

Posted on October 27, 2019 by Neena Vlamis, President of A and N Mortgage

The number of loan origination for multifamily units has continued to increase in recent years and it’s easy to see why. This growth trend is due in part to low interest rates as well as the strong demand for rental … Continue reading →

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Do Biweekly Mortgage Payments Make Sense For You?

Posted on October 23, 2019 by Neena Vlamis, President of A and N Mortgage

As anyone on the housing market knows, mortgages come in all different shapes and sizes. There are fixed and variable choices, differing mortgage rates, and a whole lot for homeowners to consider. And, just when you thought you had gotten … Continue reading →

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