Blog Articles

AnnieMac - Best and Brightest

AnnieMac is one of our nation’s BEST places to work… and now the world knows it! We’ve been named one of his year’s “Best & Brightest Companies to Work For” by the esteemed experts at and were honored to be among the other honorees listed in February 10th’s edition of the Wall Street Journal. As an organization that truly cares about the culture we have cultivated with our team, we are exceptionally proud to be recognized by these respected outlets for this designation. We will continue to provide updates on additional coverage for this and future awards, including potential inclusion on “The Best and Brightest’s” Elite version of this list which will be published in the Wall Street Journal’s March 24th issue...Read More

AnnieMac is USDA's Lender of the Year

In a letter congratulating AnnieMac Home Mortgage for winning the USDA Rural Development Lender of the Year Award for Fiscal Year 2017, USDA Housing Programs Director Michael Matthews states: “Your commitment has made our program grow and become very successful, and your contributions to the industry are much appreciated.” VP of Collateral Valuation Wes Costello said AnnieMac has funded $14 million in USDA loans during the last fiscal year, which was the most in the lending industry by a wide margin. But Wes said the dollar volume tells only a fraction of the story. “Part of what they took into account is engagement with the USDA and commitment to serving people in rural communities,” Wes said....Read More


For the fifth year in a row, AnnieMac Home Mortgage has won a 2017 Top Workplaces award from The award recognizes 125 Philadelphia-area companies based solely on the results of an employee feedback survey. The award is not a popularity contest, according to Doug Claffey, CEO of WorkplaceDynamics, LLC, the research firm that conducted the surveys. Nor is it all about fancy perks and benefits. “To be a Top Workplace, organizations must meet our strict standards for organizational health,” Claffey said. “And who better to ask about work life than the people who live the culture every day — the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together.”...Read More

Explaining the VA's Standard for Debt-to-Income Ratio

When applying for a VA home loan, borrowers hear a lot about something called debt-to-income ratio. It’s an important tool that plays a key role in determining if you meet in VA loan qualifications. In essence, debt-to-income ratio, or DTI ratio, compares a borrower’s monthly debt payments to his or her gross monthly income....Read More

How to Buy a Home With Little or No Money Down

Homeownership in the United States has fallen to a generational low, and a big reason for this is a lack of first-time homebuyers. In a recent survey by Trulia, 54% of renters cited "saving enough for a down payment" as their biggest obstacle to homeownership, more than credit requirements and other debt obligations. However, the idea that a big down payment is a requirement is a myth. Here are some options you should explore if you want to buy a home, but don't have a ton of cash....Read More

The Larger Role of the Mortgage Lender

A responsible lender won’t treat the mortgage purchase as a simple money-in-exchange-for-goods-or-services transaction, but rather play an active role in the entire mortgage planning process. That means serving as an advocate who helps you understand the impact of the mortgage on your overall finances, evaluate the various options, and decide what course of action is best for you....Read More

Don't Get Outbid On That Home!

So you've finally found the perfect house, but you're not the only one! When other potential buyers are bidding for the same home, you'll want every advantage you can get. Here are some tips to help you make sure the house you close on is the same one you've got your heart set on:...Read More

Understanding Your Home Appraisal

The appraisal is an important part of determining the loan amount. Mortgage guidelines require the lender to base the loan amount on whichever is less — the purchase price or the appraised value. There are no true objective standards when it comes to determining what a home’s appraised value should be....Read More