Category Archives: FHA Loan

Jumbo Loans: A Powerful Tool in a High Priced Home Market

Posted on June 12, 2021 by Neena Vlamis, President of A and N Mortgage

In today’s high-priced home market, home buyers might need a substantial loan to finance their purchase. Buyers should be aware that jumbo loans differ from other loans. They go far beyond the caps and regulatory boundaries of the conforming loans … Continue reading →

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Your Guide To FHA Loan Requirements

Posted on August 9, 2019 by Neena Vlamis, President of A and N Mortgage

What Are FHA Loans? An FHA Loan is a mortgage loan which is insured by the U.S. Federal Housing Administration. Often aimed at first-time buyers and low-income earners, an FHA loan can enable applicants to obtain a mortgage with a … Continue reading →

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My FHA 203K Personal Renovation Mortgage

Posted on June 26, 2019 by Neena Vlamis, President of A and N Mortgage

MASTER PENTHOUSE 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 … Continue reading →

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FHA Home Loan Limits in Illinois

Posted on March 25, 2018 by Neena Vlamis, President of A and N Mortgage

FHA (Federal Housing Authority) loans on single and multi-unit properties are designed for borrowers who are unable to make large down payments. Instead of the traditional 20% down payment required by banks, FHA loans only require a 3.5% down payment … Continue reading →

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