IL License

A & N Mortgage Services, Inc.'s mission is to provide you with high quality programs tailored to fit your unique situation at some of the most competitive rates in the nation. Our professionals are accessible around the clock, and strive to obtain the best mortgage and real estate options, no matter the situation.

Illinois Residential Mortgage Licensee #MB.0006638 FL#MLD288 IN#11122 IA#2006-0064 MA#MC19291 MI#FL0012625 WI #19291BA NMLS# 19291

Thursday

New Amendment: Illinois Landlord & Tenant Act

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 Effective January 1, 2012 
For A and N Realtors, Investors, and Landlords:
 An amendment has recently passed to the Illinois Landlord and Tenant Act which creates a new Section 765 ILCS705/15 "Changing or rekeying of the dwelling unit lock." This New law requires most Cook County Landlords to change locks with every new tenant.

If the landlord does not comply with this new rule, which will take effect January 1, 2012, then that landlord may be liable to the tenant for damages sustained because of stolen property by someone with the old tenants' key.

MORE INFO HERE
Posted by A & N Mortgage at 11:41 AM 0 comments
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Wednesday

A and N's Home Buyer Tips: Rate Shopping

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Tips for Serious Mortgage Shoppers

  • Get Educated  Borrowers should know terminology and mortgage basics before they shop.
  • Know Your Credit Score   Addressing any issues on your credit report prior to applying for a loan will allow you to take advantage of more desirable mortgage rates and products.
  • Shop Your Product Options  Though conventional loans are typically the most desirable, an mortgage insured by the Federal Housing Administration (FHA) may be more feasible.
  • Know The Market Trends  Mortgage rates adjust daily. If you find a low rate on a loan you like, consider getting a rate lock. 
Posted by A & N Mortgage at 10:27 AM 1 comments
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