Category Archives: home loan

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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What Does 25 Percent PMI Coverage Actually Mean

Posted on September 3, 2018 by Neena Vlamis, President of A and N Mortgage

Question?   What does 25 percent PMI coverage actually mean Answer:  25 percent coverage actually means that the MI company will pay out 25 percent of the loan amount and total expenses to the lender when a property goes into foreclosure … Continue reading →

Posted in Federal National Mortgage Association, home loan, mortgage, pmi | 1 Comment

Key Advantages of Getting a Home Loan From a Non-Bank Lender

Posted on January 22, 2018 by Neena Vlamis, President of A and N Mortgage

In 2016, non-bank lenders grabbed a bigger share of the home loan market than banks. Even though banks had a healthy 44% share of the loan market, non-bank lenders did even better with a 47% share. These statistics reflect a … Continue reading →

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Is Mortgage Fraud on the rise even with the new Fannie Mae requirements for QC?

Posted on October 5, 2011 by Neena Vlamis, President of A and N Mortgage

While commercial loan origination and median home prices have been trending downwards, mortgage and property fraud rates have been steadily increasing, up 75% from pre-recession peaks. According to the CoreLogic Fraud Index, $12 billion worth of originated loans were found … Continue reading →

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