Get Pre-Approved Fast!
Welcome to a better mortgage experience! In just few minutes you can find out what you qualify for and explore multiple loan options and interest rates.
Complete our short and inuitive pre-approved interview to get started
-
VIDEOS
First Time Homebuyer Process| A and N Mortgage
Buying a home for the first time, then your mind...Processing Paperwork in the Homebuying Process | A and N Mortgage
While buying home there are lot many procedures ,documentation you...
Category Archives: FHA
FHA Home Loan Limits in Illinois
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
Posted in FAQs, FHA, FHA Loan, Home Page Blog, Tips and Tricks
Comments Off on FHA Home Loan Limits in Illinois
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
The FHA Mortgage Insurance Premium
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, FHA, FHA Loan, FHA Mortgage Premium, MIP, Mortgage banker, pmi
Comments Off on The FHA Mortgage Insurance Premium