home buying options: No Need to Fear the Topic of Private Mortgage Insurance if you Know the Facts - 11/14/17 02:02 PM
 
 
No Need to Fear the Topic of Private Mortgage Insurance
if you Know the Facts
 
If you've done much research regarding mortgage financing, you've probably heard the term "Private Mortgage Insurance" ...
 
You may have also heard that Private Mortgage Insurance is scary or should be avoided.  But in reality, in the right situations ... it can be the solution to your home buying and financing challenges.
 
What do I mean?
 
Let me start by explaining what Private Mortgage Insurance is ...
 
Private Mortgage Insurance, often referred to as PMI, is insurance provided by a private mortgage insurance company.  The insurance protects Lenders against loss (to an 80% Loan Limit) if a … (5 comments)

home buying options: Could a New Construction Home Be a Home Buying Option For You? (Lincoln-Way - Chicagoland Area) - 06/19/17 02:02 PM
Could a New Construction Home Be a Home Buying Option For You?(Lincoln-Way - Chicagoland Area) 
These days, it's not uncommon to hear my Borrowers express some frustration over the market's current housing inventory shortage and the challenges it presents them ... Many of my clients have found themselves facing multiple-offer situations on homes they've viewed and wished to buy.  They've eventually lost out to another Buyer's bid on those homes.  That's a tough situation to find yourself in. Because of this, I'm seeing new construction homes enter into my Borrower's consideration and new home searches increasingly often ... Every housing market has its own "personality" … (9 comments)

 
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience

New Lenox, IL

More about me…

NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656

Address: Gene Mundt, Mortgage Originator c/o American Portfolio Mortgage Corp., 318 Alana Drive, New Lenox, IL, 60451

Mobile: (708) 921-6331

Office: (815) 524-2280



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