My FHA 203K Personal Renovation Mortgage


I can’t think of any mortgage with a worse reputation than the FHA 203K renovation home loan. But because of this mortgage, I lived rent-free for as long as I wanted, and then made a profit of over $600,000. So now I’m making it my mission to tell everyone how great these mortgages can be!

It is a common belief that renovation loans are an absolute nightmare. These loans are thought to have unfathomable amounts of paperwork, hoops to jump through, and other aggravations. Consequently, 203K

Renovation loans are the most underutilized and underserved mortgage there is.

However, if utilized properly, a renovation loan is one of the most powerful financial vehicles there is. It is not without its challenges, but logistically it is just a regular mortgage with a few more moving parts.

The best thing about the 203k is that with a down payment of only 3.5%, the entire home, and all the improvements can be financed at a low interest, 30 year fixed, government-insured mortgage.
What I saw as the ultimate way to reap the maximum benefit out of this loan was to purchase a multi-unit property. So long as a property is 4 units or less and one intends to live in one of the units for 12 months, this loan can be done, and it is considered an owner-occupied property.

My plan was to find a 4-unit property in an area that I saw as safe to live in with upside to become even nicer. I wanted a property in need of a full rehab, preferably a gut right down to the studs. My goal was to have a large unit where my family could live and three rental units that would cover the cost of the monthly mortgage, taxes, and other expenses. Finding, or more accurately, creating, such a place would give me significant instant equity in the home, no mortgage payment since the rents would cover this in full, and the ability and likelihood for considerable and consistent appreciation.


One thing to note when looking for any property is the potential for “value add”. Because this home had an unfinished basement and attic, both with high ceilings and good structure, this easily allowed for incredible upgrades to the property (Take a look at the before and after pictures)

I searched through many properties and finally found a Fannie Mae owned foreclosed property that had just been listed. I got in to see it and it was exactly what I was looking for. I put down a purchase contract on the spot and my offer was accepted!

The finance took under 30 days, which confirms that if everything is done proactively and with a seasoned mortgage banker, this is a practical and reasonable mortgage product.

The home was purchased for $465,000 with $5,000 in seller’s closing cost credits. We were going to put another $230,000 in improvements. Since this is a one-time close the overall mortgage was for $695,000 (purchase price plus improvements). We put $20,000 for a down payment, and we were ready to roll.

We were gutting the house right down to the studs and when we were finished the three rental units paid for the entire mortgage, taxes, insurance and operating expenses of the building in full.
The work took 6 months, and, in the mortgage, we financed 6 months of mortgage payments so there was no cost of carry during the renovation period.

Three years went by with all the housing expenses covered in full. The area where we bought had become extremely desirable, our place was showing a massive Return on Investment (ROI) and we decided to sell the home.

Before we even put the property on the market, we received an offer of $1,200,000. We took it and closed the following month.


In 3 years, on top of living rent free, we made a profit of over $600,000!

This undertaking is something I am very proud of. It shows that with a good plan and the right guidance anyone can do something like this and wisely accumulate wealth through their biggest asset.

It is also very gratifying to create something that wasn’t there before – a beautiful home that makes the community a little nicer.

These renovation loans have become a great passion for me and I have thoroughly enjoyed learning every nuance of them. There is another great government backed renovation loan called a Fannie Mae Homestyle mortgage that my clients have been using to amazing success that is a wonderful option as well. This product allows for the financing of renovations for investment properties, luxury items, and many other incredibly useful things. On a side note, these renovation loans are not just for purchases either. If you currently own a home and are looking to do improvements both relatively minor, or totally massive, this is an avenue well worth checking out.










If anyone has questions, thoughts, comments or would like to speak in person I am always available and love to talk about all types of mortgages for purchases or refinances, especially these renovation loans.

Check out the before and after listings on Redfin:

Purchased September 2014:

Sold September 2017:

Scott Steinlauf
NMLS #: 213442

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What Information Is Needed for a Loan Application

home loan form

The process of applying for a loan can seem complicated. As a mortgage company in Chicago, we can help you better understand this process so that it’s less stressful and so you can be better prepared. Let’s look at what information you need to provide with your home loan application.

Not all of the items listed below are necessary for every loan application. For instance, if you can supply your tax returns, the necessary income information, and your bank statements, you may not have to provide any further proof of employment. However, it is a good idea to start preparing as many of the documents listed below as possible. Without them, you can slow your application process down and possibly miss out on a great deal.

Personal identification and the basics

You will have to provide your full name, your birthdate, your Social Security number, and your phone number. You will have to provide your marital status, the number of children you have (if any) and their ages. To verify this information, you will have to supply personal identification, including your green card if applicable.

Your tax returns

Mortgage lenders need to get a full picture of your financial situation as it stands. As a result, they need a full copy of your tax returns from the IRS. The most common way to provide this information is to sign a Form 4506-T, which allows them to apply for your returns directly from the IRS. The mortgage company usually requests tax returns for two years, to ensure that your proof of income is consistent with those returns and there aren’t any worrying fluctuations from year-to-year.

Income information

Alongside your tax returns, the lender will want to see proof of income directly from you. This may be something along the lines of your pay stubs from the past two-to-three months. Your tax returns provide a broader look at your financial situation, while pay stubs provide more information on your current earnings. If you’re not an employee, but you are self-employed or get other income such as child support, different proofs such as 1099 forms and invoices may be requested instead. All of these are verified through your tax returns.

Bank statements

The lender will request to see bank statements, including accounts balances and contribution history. They may want to see that you have several months of mortgage payments waiting in reserve on top of the down payment, and to ensure that you have had it in your account for some time.

A list of any assets you own

Any savings or assets that you have will allow the lender to have some confidence in your ability to repay the loan and can affect which mortgages are made available to you. Assets worth listing include:

  •         Stocks and bonds
  •         Mutual funds
  •         401(K) and retirement accounts
  •         Life insurance
  •         A personal property estimate including cars, boats, jewelry, and gifts
  •         Real estate and property

Rental and mortgage history

Proof of past rental payments and mortgages show your ability to keep up with monthly payments. Lenders may ask for a year’s worth of canceled rent checks or documentation from your landlord that proves you paid your rent on time.

Employment details and history

The lender may require you to list all your previous employment positions, including the durations you were in each position. For your current employment, they may require a letter of employment from your employer. This isn’t always necessary if you can provide the tax returns and proof of employment mentioned above.

The purchase contract

Upon agreeing on a price with a seller, your legal advisors will provide a purchase contract to be signed by both parties. This includes the identification of both parties, details on the property, the contract deposit and more.

Other pertinent items

Other documents, such as a bankruptcy discharge notice or divorce decree may be requested if you have made any mention of such details during the process of seeking a mortgage.

The loan application

Besides all the documentation mentioned above, you will have to provide the loan application itself, filled in as is necessary.

Hopefully, the checklist above can help you prepare all the essentials you need for your home loan application. Without the above information, you won’t be able to submit your loan application successfully, so make sure you spend time putting together the necessary documentation. If you’re unable to acquire any of the home loan application information mentioned, the lender or broker may be able to help you find alternatives.


A and N Mortgage Services Inc, a mortgage broker in Chicago, IL provides you with high-quality home loan programs, including FHA home loans, tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.
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Why Mortgage Rates Go Up or Down

mortgage rates


When you look at the current mortgage rates, you will see a range of different interest rates from different lenders and banks. If you keep looking at those rates over a length of time, you might notice that, despite the range of offers, rates tend to go up or down in relative unison. Understanding the trends behind Chicago mortgages can help you understand when to make a move on a property and get the best investment out of the market.

So, what makes mortgages go up and down?


Inflation causes prices of all commodities to gradually increase. As that happens, the purchasing power of the average person dwindles, especially if income doesn’t rise at the same rate. Mortgage brokers, in response, have to increase interest rates to combat the hike caused by inflation. If inflation rates are high, mortgages will increase. If inflation is slow, mortgage rates might remain steady or simply rise at a much slower pace. Inflation is inevitable so it will always play a factor in causing mortgage rates to slowly go up over time. This rise can be combated by some of the other factors mentioned below.

The strength of the economy

A strong economy creates a strong demand for commodities and assets, including property. When GDP and employment rise, this is the sign of a growing economy. There are more people with more purchasing power, which means there’s a greater demand for real estate. Where there is greater demand, there are higher mortgage rates. Because lenders only have a finite amount of money to lend, they have to charge higher mortgage interest rates so that they are able to lend more mortgages to more borrowers in future. If the economy is taking a turn for the worse, and there is a greater supply than a demand, mortgage rates will go down with it.

The housing market

The same principles of supply and demand apply to the housing market, too. When there are more homes being built or resold, there is an increase in the demand for mortgages. As a result, the current mortgage rate will go up. If there are fewer homes on the market, there will be fewer people applying for mortgages. This causes the mortgage rates to go down. Similarly, if there are more people renting vs. people buying homes, that also results in a drop in demand, which means a drop in the mortgage rates. The shifts in the housing market are often restricted to specific areas and cities, so if you want to know what Chicago mortgage rates will be like, keep an eye on the Chicago housing market. Are there more new renters than new buyers? Are there fewer new homes being built or resold? If so, you can expect that Chicago mortgages will have lower interest rates.

The Federal Reserve

The Federal Reserve Bank plays a key role in interest rates, including mortgage rates, as well as the economy as a whole. This is primarily due to their monetary policy. The Fed raises or lowers the federal funds rates, which is the interest rates that lenders charge each other for short-term loans. This creates a ripple effect in the rates of banks which goes on to influence long-term loans like mortgages, too. It’s not often there is a one-to-one shift in rates, but if there is a higher federal funds rate, you can expect that mortgage rates will rise as well.

The bond market

Investors, in general, turn to bonds when the economic outlook is poor. They are a safer investment than what is offered in most other markets. If people are investing in bonds, they’re not investing other assets as much. When there are more investors in bonds, the bond yield rises, and mortgage rates tend to rise as well. This is because banks and investment firms sell mortgage-backed bonds in the same market. To make those bonds a more appealing investment, they have to make them competitive against the rest of the securities market and they do that by increasing the mortgage rate.

If you want to make the best property investment possible, keeping an eye on the current mortgage interest rests is your best bet. A & N Mortgage is a mortgage broker based in Chicago that regularly updates mortgage rates based on the national averages. By keeping your eye on the marketing and noting the trends mentioned above, you can get the mortgage you’ve been waiting for at the rate you can afford.


A and N Mortgage Services Inc, a mortgage broker in Chicago, IL provides you with high-quality home loan programs, including FHA home loans, tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.
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Different Mortgage Options Are Available Based on the Amount of Your Mortgage Down Payment

mortgage downpayment


When you’re considering buying a home, the mortgage might seem like it is the main cost to consider, but you also need to think about the mortgage down payment. The downpayment is a lump sum fee you pay up front most of the time (there are some exceptions to this) and it can greatly affect your mortgage options. We’re going to look at how different down payments can change your mortgage options, as well as how different programs and mortgage brokers can help you pay a smaller mortgage down payment or none at all.

What are down payments?

The down payment is an initial payment made in cash at the onset of a property purchase. Down payments represent the total cost of a property, and thus the total amount of a mortgage. For instance, the standard down payment is often said to be 20%, so if a property is $225,600, the median home value in Chicago at the time of writing, a 20% down payment would be $45,120. It is paid to the lender to offer some security on the loan. This level of assurance has some impact on your mortgage rates.

How your down payment affects your mortgage options

Different mortgages may be available to you based on a range of criteria, including your credit rating, your annual income, and more. The down payment also plays a role in deciding which mortgages you might be able to apply for. If you pay a larger down payment on a home loan, then you are likely to be applicable for larger loans, and it can decrease the mortgage interest rate you pay monthly. On the flip side, mortgages with lower down payments make homebuying much more accessible and as a result, you may have to pay a higher interest rate.

In most cases, if you offer less than 20% of the total loan as a down payment, you may have to purchase mortgage insurance, which can increase your monthly costs. There is no saying whether a bigger down payment is better or worse for you, it depends on your needs and your ability to meet either the initial demands of a down payment or the increased monthly costs.

Mortgages with little to no down payments

That said, there are some favorable mortgages that have little to no necessary down payments, meaning that you might not have to spend as much time saving up before you apply for a loan. Three of the most common no down payment mortgages include Veterans Affairs loans, Navy Federal loans, and the USDA’s Rural Development mortgage. The availability of these depends on certain factors. A borrower may apply if they are a veteran, members/employees/family members of the US military and Department of Defense, or first-time rural or suburban homebuyers. Besides private mortgage insurance, those with little down payment can look to a Federal Housing Administration loan (which has a minimum down payment of 3.5%) for anyone with poor credit history.

Use your down payment to estimate your mortgage payments

Finding the options available to you and deciding how much of a down payment you can put down on your home can help you better understand what your monthly mortgage payments will look like. Our mortgage calculator can take into account the total amount of money borrowed in a mortgage, the term, the interest rate, insurance payments, and more. Factoring in all these details, it can calculate an estimated mortgage payment each month. These payments can differ depending on whether your mortgage is fixed-rate or variable, as well.

How mortgage brokers can help

Besides using tools like a home loan calculator to estimate your monthly mortgage payments, you can get a much better idea of the options available to you with the help of a mortgage broker. These are experts in the mortgage market, who can take a look at how much down payment you have saved, the loan you want, and any other criteria you might fit. With this information, your mortgage broker can scan the market to find a host of mortgages available to you, as well as any programs for low-to-no down payment programs you might be applicable for. Whether you would prefer a larger down payment with lower rates or the opposite is up to you, but a mortgage broker can help you find the best options to suit your individual home loan goals.

Understanding your mortgage options means understanding your down payment. Getting in touch with a mortgage broker to discuss those options can quickly help you find the mortgage that works best for you.


A and N Mortgage Services Inc, a mortgage broker in Chicago, IL provides you with high-quality home loan programs, including FHA home loans, tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.
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How Do VA Loans Work

The Veteran Loans, or VA loans, lending program is an incredibly useful tool if you have a military background or are the spouse of someone who has been in service. Tens of millions of service members have been able to become homeowners since the introduction of VA loans in 1944, and there are some incredible benefits that go along with them. In this guide, we’re going to go through some of the things you need to know about VA loans, and how, if you are a service member, you can use them with an A and N Mortgage. Let’s take a closer look.  

How do VA loans work?

The Veterans Administration offers guarantees to private lenders such as mortgage companies, banks, and other private lenders, on behalf of eligible veterans – or eligible spouses – who want to buy, build, retain or repair a home for personal occupancy. Service members can qualify for up to 100% financing on the value of the home.

Why VA home loans?

In simple terms, VA loans are an understanding that the nation is grateful to the service of military veterans. It gives service members peace of mind, too, as home inspections will ensure that the house in question is built to meet specific government structural standards.

What are the requirements?

To be eligible for a VA loan, you must meet necessary service requirements as a veteran, active duty service member, member of National Guard or reservist. You can also qualify as a spouse of a service member who has died in active service or been disabled as a direct result of their service role. Each VA loan is awarded on its own merits, but there are some basic guidelines that should show you if you are eligible or not.

Any veteran that has served on active wartime duty for more than 90 days and has been discharged (but not dishonorably). You can also qualify if you have served a minimum of 181 consecutive days during peacetime if you started your service before September 1980, or served as an officer before October 1981.

If you commenced your service after these dates, the service requirement rises to two years, and if you are a member of the National Guard or are a reservist that meets specific criteria, you will need to have six years of service. There are also various rules that govern the eligibility criteria of surviving spouses.

What are the advantages?

Military and veteran home buyers will find VA Loans have many advantages over traditional mortgages. Let’s take a look at them now:

0% Deposit

A traditional mortgage will usually require a 20% deposit, which can be a large amount of money. Military veterans and service members benefit by not having to put any money down in this case. If you manage to qualify for a VA Loan, you will be amongst the only people able to get a 0% down payment loan for a new home.

Government Backing

With the backing of the US government, those qualifying for a VA Loan are deemed a safe borrower by banks and credit agencies. This means that you will usually be granted a far more competitive rate on your mortgage. The government backing can also help you if you have a poorer than average credit score, feel free to call us to discuss your options.

Faster Mortgage Acceptance

Normal homebuyers have to go through a standard process of checks before they qualify for a mortgage. Those with VA Loans have less risk attached to them, so it’s an easier and quicker process.

No Private Mortgage Insurance

Private Mortgage Insurance (PMI) has to be paid by anybody who has borrowed more than 80% of the value of their home. As VA Loans are guaranteed by the federal government, you will get to save on your monthly outgoings.

If you are a service member who has met all the eligibility requirements, why not take advantage of VA loans? Not only can you get help with 100% of the mortgage value with no down payment required, but you could also enjoy competitive interest rates.

You can apply for a home loan with us here at A and N Mortgage, as we are one of the top VA-approved mortgage brokers Chicago has to offer. Please don’t hesitate to get in touch with us today to find out more or apply for a mortgage – our friendly, skilled team are waiting right here for you and will help you get the information you need.

A and N Mortgage Services Inc, a mortgage broker company in Chicago, IL provides you with high-quality home loan programs tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.


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Own vs Rent: How Much Home Can You Purchase For $1000/$1500/$2000 a Month?


There is a common misconception that renting is cheaper than buying, which is why so many people, particularly younger, choose to rent rather than buying. However, the statistics show that on average, the monthly payment that people tend to make to pay off their mortgage is cheaper than the monthly payment made for rent. So, does that mean buying a home is cheaper than renting and much “house” can you get for your money?

If you look at just the monthly payment of renting vs. buying, it would appear that purchasing a home with a mortgage is the cheaper of the two options. Over the past five years, the monthly costs of both rent and mortgage payments have increased, but the price of rent has increased more quickly than the price of mortgage payments.

Just a few years ago, renting was significantly cheaper than purchasing property, however, that has since changed. If you can see the many benefits of buying property rather than renting but aren’t sure if you could afford to go from renting to buying, then you’ve come to the right place. Our guide below is packed full of useful tips for determining if buying a home is a worthwhile investment to make.

Why buying can be more affordable than renting

One reason why rental prices are constantly increasing is that the value of the property is also increasing, which is partially due to the high number of buy-to-rent properties increasing. Landlords are snapping up second and third homes which means that the price of the available properties are increasing as they are becoming more and more sought after.

It’s these combined trends that have led to many people who would not have been renting 20 years ago having no choice but to rent. This, in turn, means that there is a far higher demand for rental homes, which then means that the prices of properties increase, which equates to higher rental rates.

On the other hand, the interest rate that comes with most mortgages has stayed the same for the past few years, which means mortgage payments can be more affordable than renting. However, there is still the issue of a down payment, which is what holds so many renters back from buying.

Could you afford to buy a home?

It’s clear that buying can be the cheaper of the two options and the more cost-effective option when it comes to monthly payments but could you afford to buy a home? The truth is that not everyone is ready to buy as it depends on what you can afford to spend each month and the size of the downpayment that you can put together.  There are also other costs that go along with being a homeowner but for the sake of this article, we’ll focus on the monthly mortgage payment vs rent payment.

The larger your down payment the larger proportion of the mortgage you pay upfront which will lower your monthly mortgage and interest rates. The larger your down payment  the more affordable your mortgage should be. A home can be pricey and even a 10% down payment is a fairly sizable down payment.

In addition to saving up for your down payment, there’s also the affordability checks for a mortgage that you need to pass. Based on what you earn and how much you can afford to pay a month for your mortgage, a decision is made regarding whether you are a suitable mortgage applicant.

To determine if you could get a mortgage and what you could get for $1000, $1500 or $2000 dollars a month, you might want to consider using a mortgage calculator. If you’re looking for an Illinois mortgage, the A and N mortgage calculator is a great place to start the process off. What’s great about these kinds of tools is that they allow you to get a clear view of every financial aspect of taking out a mortgage in Chicago and make it clear what you can and cannot afford to do.

For just under $1000 a month, with a 35-year-mortgage you could get a house worth $200,000. Whereas, for just under $1500 a month, again with a 35-year-mortgage, you could buy a house worth $300,000. Or, for just under $2000 a month, with a 35-year-mortgage you could purchase a house worth $400,000. However, if you were to shorten the repayment period, you would get a less “house” for your money, which is why often, longer repayment periods are preferred over than shorter ones.

There you have it, a guide on whether you should opt to continue renting or choose to purchase your own home. The best option is to buy a property if you are able to do so, as buying tends to be far cheaper in the long run, plus you end up owning the property as each time you pay your mortgage you buy a little bit more of your home.

A and N Mortgage Services Inc, a mortgage broker in Chicago, IL provides you with high-quality home loan programs tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.


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What to Expect During the Home Loan Process

So you’ve decided that you are sick and tired of renting and now is the perfect time to buy a home, the only problem is that you don’t have the money to buy it outright. Don’t worry, in today’s economic climate very few homeowners have the funds to purchase their house outright, instead, they choose to take out a loan from the bank.

Of course, if you’re buying as a first-time buyer, the loan process can be somewhat confusing and stressful as there is a lot to it. Many different questions may arise when it comes to taking out a loan for the first time, such as whether your credit score is good enough to allow you to be accepted for a loan and how long the entire application process takes.

To help make the loan application process a more simple and straightforward one, below is a guide to applying for a home loan to buy a house.

You might want to consider getting pre-approved

One of the most common problems that buyers struggle with is finding a home that they love and then realizing that they don’t have a mortgage in place, so they unable to make an offer on the property. That’s where pre-approval comes in, before taking a look at what is available on the market, it makes sense to first determine what a lender would be willing to loan you.

A pre-approval means that a mortgage lender has taken a look at your credit score, income and other important factors for determining whether you are eligible for a home loan, and has decided that you are a suitable candidate for a loan. This means when you find your dream home, you already know that you’ve been pre-approved and don’t need to worry about your mortgage application being declined.

Before you apply for a pre-approval, it’s a good idea to give your finances a health check. Look for any late or missed payments, defaults or other negative financial factors that should be taken into account.

Be mindful of mistakes when filling in your mortgage application form

Whether you’re filling in an application for a pre-approval or for a full A and N Mortgage in Chicago, it’s vital that you are mindful of not making mistakes on your application form. You need to fill out your form in a very open and honest way, ensuring that every detail you put down is correct. Otherwise, you could end up in a bit of a sticky situation with your mortgage not getting approved.

When filling in your home loan application form make sure to do so clearly and accurately. If you need to contact your bank and other financial services to ensure that you get the information on your form correct, make sure that you do so. Your mortgage application form is only likely to be approved if every aspect of it is correct.

Know your budget

Once you’ve applied for your mortgage loan or your pre-approval, you will know how much money you are eligible to borrow to purchase your home. However, a mistake that you don’t want to make is thinking that you need to use all of the money that you’re eligible to borrow. Instead, only use what you actually need and what’s affordable to you. Remember, every penny that you borrow has to be paid back, plus interest, so the less you can borrow, the better.

To determine what would be affordable for you on a monthly basis, you can put various price combinations through an online home loan calculator and then use the result to work out which option is the most affordable for you. You don’t want to make the mistake of borrowing an amount that it isn’t affordable to pay off each month. You need to know what you can afford to spend and stick to that amount, to ensure that the home you buy is affordable to pay off. Check out the mortgage calculators we offer to get a better idea of this number.

Understand how underwriting works

Once you have made an offer on a house and it’s been accepted, the purchase agreement has to be sent back to your mortgage provider and their banker. The banker will then look at your loan and requirements and will ensure that you’re on the right mortgage program for you and your ongoing needs. Once this has been done, the loan is then sent through for underwriting.

The underwriting process is where your assets, income, and employment status are assessed and verified and are then compared to the information on your credit report. Although this will all have been checked at the start of the house hunting process it has to be checked again before everything is finalized so make sure to keep your finances and credit score in tip-top shape during this time.

Make sure that if your mortgage lender asks you for additional information that you provide it as soon as possible to them. Otherwise, the entire process could get held up, which isn’t what you want when you’re trying to close on a property.

There you have it, a guide to what you should expect during the home loan application process. Good luck!

A and N Mortgage Services Inc, a mortgage broker in Chicago, IL provides you with high-quality home loan programs tailored to fit your unique situation with some of the most competitive rates in the nation. Whether you are a first-time homebuyer, relocating to a new job, or buying an investment property, our expert team will help you use your new mortgage as a smart financial tool.

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“My team at A&N was a dream team. Self-employed, with few assets and only 20% down, I was a difficult case. At times, I felt like I might lose my place. But Mike M. and Joel kept me calm, used the resources they had, and got the job done.”

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