Category Archives: home loan

Navigating the “New” Uniform Residential Loan Application (1003)

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

The time has come for you to buy a new property. If you’re like most buyers, you’ll probably need to apply for a mortgage loan to finance the property. During this process, you’ll more than likely encounter the new Uniform … Continue reading →

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Qualifying for a Home Loan with Student Loan Debt

Posted on November 15, 2020 by Neena Vlamis, President of A and N Mortgage

Millions of Americans find themselves with substantial student debt after graduating from college. Significant student loan debt makes it difficult to buy a house for many reasons. First, those monthly student loan payments make it hard to save for a … Continue reading →

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Pre-Qualifying for a Loan vs. Loan Pre-Approval

Posted on October 24, 2020 by Neena Vlamis, President of A and N Mortgage

Getting a mortgage usually involves getting pre-qualified or pre-approved for a loan at some stage in the process. Although pre-qualification and pre-approval are both stepping stones to securing a home loan, they are actually quite different, and it’s important to … Continue reading →

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How to Become A Loan Officer

Posted on October 12, 2020 by Neena Vlamis, President of A and N Mortgage

Navigating the challenges of obtaining a mortgage for a dream home can be a daunting experience. A licensed loan officer helps to alleviate those challenges by guiding their clients through the financial process while also educating them about the best possible options.  … Continue reading →

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Mortgage FAQs

Posted on May 21, 2020 by Brad Boden

Below, we are going to take a look at some of the most frequently asked questions about mortgages and mortgage refinance. How are mortgage refinancing advisors able to provide no closing costs? There are a number of different ways that … 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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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

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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