| |
How to Best Prepare Your Credit and Financial Position BEFORE Beginning a Home Search, Part 1 ... - 02/29/12 07:33 AM
How to Best Prepare Your
Credit and Financial Position BEFORE Beginning a Home Search Part 1 I won't lie to you. The bygone era of planning and then starting your home buying search by just looking in a newspaper are long gone. That's true in my Chicago/Chicagoland area ... or anywhere else across the U.S. Today, the planning and preparation for buying your home is far more detailed in nature than in the past. Home buyers are called upon to be much more involved in their processing and much more organized with documentation … (25 comments)
|
Good News to Share Regarding My Services! - 02/27/12 05:35 PM
Good News to Share
Regarding My Services!
… (11 comments)
|
Considering Helping Your Child Buy a Home? What Parents and/or Co-Signors Need to Know - 02/25/12 07:04 AM
Considering Helping Your Child
Buy a Home?
What Parents and/or Co-Signors Need to Know
Within the current housing market, there is great opportunity to be found, especially if you're a first-time home buyer. Home prices are down ... lower than they have been for almost an entire decade. And Interest Rates?? The cost of borrowing, in regards to Interest Rates, is at historic lows ... truly a gift, should you be able to take advantage of them.
With all the positive opportunities that exist, many buyers, along with their families, are looking for … (29 comments)
|
Credit Bumps that Delay Closings - 02/24/12 09:15 AM
As I wrote in my comment to Ginny Gorman (Phillips Post Road Realty, North Kingstown Homes for Sale - North Kingstown RI), I cannot praise the message contained in her post below strongly enough! I say Amen!
And Ginny is so right. Even after having multiple discussions with multiple real estate professionals (agent AND mortgage lender) ... some buyers will still go out and buy, buy, buy ... or have credit inquiries run for future purchases.
It needs to be known and stressed ... sometimes even the smallest change in credit can have a huge impact on credit scores, so … (5 comments)
|
"Connecting the Mortgage Dots in Today's Real Estate Market". Carra Riley, Cosmic Cow Pie, and Gene Mundt, Mortgage Lender Answer YOUR Mortgage/Credit Questions - 02/22/12 01:12 PM
"Connecting the Mortgage Dots in Today's
Real Estate Market"
Carra Riley, Cosmic Cow Pie, and
Gene Mundt, Mortgage Lender Answer
YOUR Mortgage/Credit Questions
Looking for answers to your mortgage/credit questions?
Tune-in to Carra Riley's Cosmic Cow Pie blogtalkradio program tomorrow, February 23rd at 10 AM CST to receive the answers you need and seek.
Carra will be talking to me, Gene Mundt ... a mortgage lender at The Federal Savings Bank (formerly known as Chicago Bancorp) regarding some of today's … (2 comments)
|
What's Your Point?? Nawww ... Not THAT Point! - 02/17/12 09:14 AM
What's Your Point??
Nawwwww ... Not THAT Point!
A great scene, isn't it? But it's not those "points" I'm going to talk about in this blog. No, I'm talking the "points" referred to when discussing mortgage costs and options.
I've had several discussions as of late, with some pretty confused borrowers regarding these "points". They've had no real grasp of exactly what a "point" is prior to our discussion. What it can equate to in cost to them. How the cost of a "point" is figured. … (47 comments)
|
The "Big Bank" Says You Can Wait for 60 to 90 Days to Start Your Refinance. What do YOU Say? - 02/12/12 05:36 PM
The "Big Bank" Says You Can Wait for 60 to 90 Days to Start Your Refinance. What do YOU Say?
Over the last couple of days, there's been more than a few articles showing-up online, on social media, and in the papers about the extremely long period of time that a "big bank" is guesstimating that some potential clients will have to wait, should they hope to refinance their present loan.
Seems that they can't keep-up with the workload and large number of those contacting them for this service. The numbers of 60 … (15 comments)
|
Dispelling Nasty Rumors Regarding Down Payments - 02/10/12 10:05 AM
Dispelling Nasty Rumors Regarding Down Payments
"Rumours" ... catapulted Fleetwood Mac to the top of the charts during the year 1977 ...
"Rumors" ... was the name of an episode on the TV program Glee this last spring ... And Rumors ... are once again swirling about the amount of down payment a borrower needs to buy a home and obtain mortgage financing in the current market. THOSE rumors don't sound pretty. THOSE rumors don't make you smile or tap your toes. Nor are they humorous … (10 comments)
|
Don't "Cut Your Nose Off and Spite Your Face" when it comes to your Mortgage Financing - 02/08/12 03:35 PM
Don't "Cut Your Nose Off and Spite Your Face"
when it comes to your Mortgage Financing
There's an old saying ...
"You're cutting your nose off and spiting your face" ...
Stretching the point just a bit, I want to use this saying to get a message across regarding interest rates ... and the intense focus that most home buyers, and those refinancing, place on them.
Now I know that sounds a bit ironic coming from me, a mortgage lender. But as much as I think the … (22 comments)
|
Locking-In Your Interest Rate For Your Mortgage Financing. What You Should Know ... - 02/07/12 10:44 AM
Locking-In Your Interest Rate For Your Mortgage Financing What You Should Know ... One of the most confusing aspects of the mortgage financing process comes when it's time to "lock-in" an interest rate on a loan. Purely trying to explain the "hows, whens, and whys" of enacting a "lock-in" of a rate ... especially while talking over the phone or communicating via technology ... can confuse the heck out of most clients. Nevermind when you start to add multiple mortgage programs comparisons ... or several different mortgage lenders into the … (6 comments)
|
Answering Mortgage and Credit-Related Questions and Connecting the Dots ... How Can I Help? - 02/02/12 01:22 PM
Answering Mortgage and Credit-Related Questions
and Connecting the Dots ...
How Can I Help??
Sometimes I wonder ...
Am I really getting through to my clients? My referral partners?
Now I know there are ways to measure some of that. Analytics are available and increasingly detailed for your website, social media, and more.
But I still sometimes wonder ... am I providing the information or answers to questions that are really on the minds of those finding and engaging me?
I remember having some heart-to-hearts with … (6 comments)
|
|
|
|
Gene Mundt Mortgage Lender Chicagoland Mortgage Lending
Joliet,
IL
More about me…
815.277.4036 www.genemundt.com
Address: Attention: Gene Mundt, Mortgage Lender, 1823 Centre Point Circle, Naperville, IL, 60563
Office Phone: (815) 277-4036
Cell Phone: (708) 921-6331
Email Me
 Listings
Links
Archives
|
;)
;)
;)
