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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

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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. 

1 comment:

  1. Availing of a mortgage loan entails a level of risk so it would be wise to study each loan option and analyze which would work best for you and your pocket. A firm foundation is also important - start by maintaining a good credit standing and a stable account.


    Randy Robinson

    ReplyDelete