Let's Talk! Gene Mundt, Chicago-area Mortgage Blog

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Mortgage and Lending - NMLS #216987, IL Lic. 0006220, WI Licensed. APMC NMLS #175656 - IL Lic. #0006220
Mortgage, Credit, Real Estate, and local Chicago-area/Will County/Lincoln-Way Area news and information.
RECENT BLOG POSTS
 Why It's Smart to View a Home During the Rain  Some people walk in the rain, others just get wet.Roger Miller       Today's weather has been a good representation of our weather over the last week ...                Today's weather has been:        Cloudy.  It's included a storm watch and a floo...
06/15/2015
Being an Active Competitive Person can Benefit You When Buying and Financing a Home          Are you the type of person that likes competition?  Actively participates in life?     Those personality traits can make you a great candidate when securing mortgage financing and buying a home ...     Wh...
06/10/2015
2015 - Joliet Park District's Summer "Concerts in the Park"      The Joliet Park District is once again hosting its annual "Concerts in the Park" during the summer of 2015 ...      Each "Concerts in the Park" is held on the 3rd Friday of the month at: Preservation Park  710 Taylor Street  Joliet ...
06/08/2015
 Payoff a HELOC and First Mortgagewith a Jumbo Loan       There was once a time where interest rates on Jumbo Loans were typically  1/4%  to  1/2%  higher  than "conforming" loan amounts.      Jumbo Loans are: Loans with a beginning Principal Balance of $417,000 or greater (in most areas)       O...
06/03/2015
 Manhattan Civil War Days -Baker/Koren Round Barn 6/6 & 6/7, 2015      Manhattan, Illinois' historic Baker/Koren Round Barn Farm Park is once again the backdrop for Manhattan Civil War Days, this year being held on June 6th and 7th, 2015.       The hours of this year's Manhattan Civil War Days wi...
06/02/2015
                                                                                                                                                                              5/27/2015Friend:Now that warm weather has returned to the area, it's not uncommon to see friends and neighbors working outs...
05/27/2015
 Down Payment Requirements:  My Top 4 Posts      It happened again ...       "It" meaning a call from a hopeful home buyer thinking they needed a full 20% down payment to buy a home.      First:  Let me correct this nasty misconception about home buying and lay this myth to rest ...     You DO NO...
05/19/2015
Positives Exist Within Today's Mortgage Process      Scotsman Guide - May 4, 2015      “The data shows that 40 percent of the people getting loans now do not have pristine or perfect credit.”               Edward Pinto, Co-Director - American Enterprise Institute’s International Center on Housing...
05/12/2015
 Choose the Wording For Contracts Carefully          Today I'm working on a rather challenging mortgage scenario for new and hopeful applicants ...               There are many elements to this transaction that serve to make it somewhat extraordinary.       But the one thing that's proving the mo...
05/05/2015
   Real Estate Tax Bill Info - Payment Due  Dates for Chicago-Area Counties           For property owners in the Chicagoland area, Spring means tax bills ...        Tax Bills are now online for viewing and payment for the following counties:   Will County  DuPage County  Kane County  Kankakee Cou...
05/04/2015
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Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com

708.921.6331 - 37 yrs experience
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