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Author Archives: 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
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
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
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
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
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
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
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
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