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Today's Credit Equation For a Successful Transaction

By
Mortgage and Lending with NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 IL Lic 031.0006220/WI

 Gene Mundt Chicago Bancorp Credit Equation Pic

 

     In today's challenging financing world and real estate market, you must make sure you are working with the right professional and possess the right equation to reach a successful conclusion to your real estate transactions.  Whether it be enhancing your credit scores, refinancing, or buying a new home, these main elements remain the same.

     I can't overemphasize the importance of credit to this equation.  Your credit is the foundation on which everything else is built.  Have a poor foundation of credit, and your transaction ...your finances become fragile or crumble completely. 

     Intelligent credit design is all important, so seeking the assistance and guidance to establish or improve it makes good sense.  Getting your credit run at minimum, once per year (whether seeking financing or not) is wise.  Together, you and I will examine the results found within your report and make sure that it reflects your credit status correctly.  We'll also see that there are no errors contained within your report.  If errors are found, I will help you address them.  If improvements are needed, we will work together to accomplish them.  Good professional direction and advice will prove key to your advancement.Gene Mundt Get the Ball Rolling Pic

     As you are probably aware, home values can be somewhat elusive right now.  But through my services at Chicago Bancorp, I maintain more control of the appraisal process and "turn times" ... meaning the completed appraisals are delivered in a more timely manner than competitors'.  This can be a very favorable advantage for you, for a transaction, and closing date.

    It is vital to have an experienced mortgage professional on your side.  Rules and regulations are changing quickly and often. Now is not the time to work with an unknown or novice lender.    Trust your financing to someone that has proven that they work hard to represent your best interests and deliver your transaction to a successful conclusion.  I have done that ...

    Do not hesitate any longer.  Contact me so we can check your credit ... make sure it's a true representation of your finance history ... and work towards the highest credit scores possible for you

     Do it today ...  gene@chicagobancorp.com  - or - http://www.genemundt.com/Talk-to-Me-.html

Gene

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Gene Mundt

 Mortgage Originator  -  NMLS #216987    

                                 IL Lic. #031.0006220  -  WI License #216987                                                                                                    

NMLS #175656

 

Gene Mundt, Mortgage Originator,  40+ years of #mortgage experience, will offer you exemplary mortgage service and advice when seeking:  #Conventional, #FHA, #VA, #Jumbo, #USDA, and Portfolio Loans in #Chicago and the greater Chicagoland region, including:  The #Lincoln-Way Area, #Will County, (#New Lenox, #Frankfort, #Mokena, #Manhattan, #Joliet, #Shorewood, #Crest Hill, #Plainfield, #Bolingbrook, #Romeoville, #Naperville, #Wilmington, #Peotone, etc.), #DuPage County, the City of Chicago, #Cook County, and elsewhere within IL and Wisconsin. 

 

Your Referrals & Testimonials are Always Greatly Appreciated! 

 

 

Comments(9)

Deborah "Dee Dee" Garvin
C2 Financial - San Diego, CA
C2 Financial

Gene,  Wow, I am a Director...and some of my movies (loans) are up for the Academy Award...(she takes a bow and thanks the Academy and 3rd grade teacher........LOL).  I like this presentation!  I am just bummed that they need income and a job too.  It just ain't fair!!!

Aug 29, 2010 01:36 PM
Damon Gettier
Damon Gettier & Associates, REALTORS- Roanoke Va Short Sale Expert - Roanoke, VA
Broker/Owner ABRM, GRI, CDPE

Gene, thanks for writing a great, informative post!

Aug 29, 2010 02:21 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Deborah:  I'd LOVE to see your movie(s) Deborah!  I can only imagine!!  Maybe this was somewhat of a simplification ... but it gets the point across.  Now ... go accept your statue ...

Damon:  Thanks for the kind words.  I hope it gets the important message regarding credit .. and its upkeep ... across to potential buyers and homeowners.

Gene 

Aug 29, 2010 03:01 PM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

I love your simplification!  All you needed was the first equation!  Great post, Gene!

Aug 29, 2010 04:20 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Dagny:  You're as kind as ever!  Makes it sound pretty simple, doesn't it? 

Gene 

Aug 30, 2010 04:43 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Gene, nice information for (especially) first-time buyers. And your graphics are perfect! I hope many potential buyers get the message, pick up the phone, and call you.

Aug 30, 2010 08:04 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Lottie:  Thank you!  I'm hoping it helps too ... and gets the message across clearly.  Hope all is well with you and you're busier each day!  Take care, Lottie ..

Gene

Aug 30, 2010 08:51 AM
Chris Olsen
Olsen Ziegler Realty - Cleveland, OH
Broker Owner Cleveland Ohio Real Estate

Hi Gene -- This post cannot be overemphasized.  I counsel buyers when I first start working with them that choosing the right people for all the pieces of the puzzle is paramount, critical and I follow it up with real-life examples of how and why things can go wrong and the consequences of those decisions.  I couldn't agree with you more!

Aug 31, 2010 03:11 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Chris:  Thank you for your support regarding the blog.  It's greatly appreciated.  I like that you give them the examples to prove your point.  They have too much on the line to not listen to you ...  

Good to see you again ...  Hope all is well  ...

Gene

Aug 31, 2010 03:56 PM