Category Archives: Chicago

Why You Should Consider Refinancing Your Mortgage This Summer

If you haven’t thought about it yet (or done so), this summer may be the perfect time to refinance your mortgage. Mortgage interest rates are still very low and have just recently dropped again. If you’re a homeowner with good … Continue reading

Posted in 'A & N Mortgage', 'financial tips', Chicago, conventional mortgage, refinance | 1 Comment

Living in Chicago: The Best Decision You’ve Ever Made

Chicago is located centrally in the Midwest with access to the rest of the world by way of Chicago O’Hare, but, it has so much to offer you never have to leave. Offering everything from nature to culture to affordable … Continue reading

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Insane (but True) Facts About Living in Chicago

The “Windy City” is famous for all kinds of things: the “bean,” the “L,” former President Barack Obama … it’s a place packed with history and excitement. Still, Chicago can be pretty weird. Take a look at a few crazy … 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, lending, MIP, pmi, refinance | Comments Off on I have been receiving a lot of questions about FHA Mortgage Insurance Premium, Here are Some Answers

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

Posted in a and n mortgage, Chicago, condominium, FHA, FHA Loan, Home approvals, housing, Loans, refinance | Comments Off on FHA: Fewer Home Approvals

Should Banks Maintain Foreclosed Homes?

See our own Neena Vlamis interviewed on Fox News speaking to this hot topic. Should Banks Maintain Foreclosed Homes?: MyFoxCHICAGO.com Illinois Residential Mortgage Licensee #MB.0006638 FL#MLD288 IN#11122 IA#2006-0064 MA#MC5413 MI#FL0012625 WI #19291BA NMLS# 19291\nCopyright 2011 aandnmortgage.com All rights Reserved. Privacy … Continue reading

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