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In the Mortgage Process? Follow These 10 Commandments

Reblogger Karen Winters, Berkshire Hathaway HomeServices KoenigRubloff
Real Estate Agent with Berkshire Hathaway HomeServices Koenig Rubloff Realty Group - Chicago, IL

Chicagoland home buyers who follow The 10 Commandments When Applying For A Mortgage will be well on their way to a successful closing.

Thanks Gene Mundt for this great advice!

 

 

 

In the Mortgage Process?

Follow These 10 Commandments

 

 
     There's an abundance of info available for Home Buyers looking to be Pre-Qualified and Pre-Approved for a Mortgage.  And that's great ... 
 

 
    Gaining financing info is the first step towards successful home buying ... and perhaps the most crucial. 
  
     Let's face it.  The majority of home purchases today depend on it.  
     
     But what are some of the things that you as a Buyer should be aware of and concerned about while your loan is being processed? 
 
     How can you help your processing stay on-track and successful? 
 
     First, Buyers (and those Refinancing) must understand that the "work" is not done when you reach Underwriting.  You may still be called upon to answer questions from your Lender.  And further documentation may be needed to address issues that arise during the Underwriting process.
 
     It's vital that you remain aware of your expenditures, credit standing, debts, and finances throughout your entire Mortgage process.  How can you do that?
 

     Below you'll find a list of "Commandments" that I believe you must follow during your Mortgage Process.   Note Commandment #10 ... I can't stress it's importance strongly enough.         
     Prior to:  
 
  • Making any change in your employment 
  • Making a change in the manner in which you're paid
  • Incurring more debt 
  • Charging a purchase 
  • Buying a new vehicle, furniture, or decor for your new home 
  • Making Deposits or Moving Monies between accounts
  • MORE ...

      

     Contact me for guidance and info.  Even seemingly small actions or changes can havehuge consequences on the Mortgage Approval you seek.  

 
     Don't jeopardize the timing or success of your Chicagoland mortgage financing. Follow the "10 Commandments While Applying for Mortgage" ...
 
 
 
 
     Should you be thinking of Buying, Building, or Refinancing a home in the greater Chicagoland area, contact me.  I'll be happy to answer all your financing questions and put my 37 years of Mortgage experience and expertise hard to work on your behalf.
 
     I can be easily found at:
Direct:  815.524.2280
Cell/Text:  708.921.6331
eFax:  815.524.2281

 Twitter Account of Gene Mundt, Mortgage Lender   LinkedIn Account of Gene Mundt, Mortgage Lender   Facebook Acct. of Gene Mundt, Mortgage Lender   Pinterest Acct. of Gene Mundt, Mortgage Lender   Digg Acct. of Gene Mundt, Mortgage Lender

 Trulia Acct. of Gene Mundt, Mortgage Lender   Zillow Acct. of Gene Mundt, Mortgage Lender     Klout Acct. of Gene Mundt, Mortgage Lender    Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender  

Gene Mundt

Regional Manager - Mortgage Lender

American Portfolio Mortgage Corp.

                                                                    Personal NMLS #216987

NMLS # 175656

 

Gene Mundt, Mortgage Lender, a Lender with 36 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.  Gene Mundt, Mortgage Lender can be contacted at: 

815.524.2280 or via his email: gmundt@goapmc.com.

Contact Gene Mundt, Mortgage Lender soon!

Posted by

  

 

Karen Winters, Broker Associate
Berkshire Hathaway HomeServices
KoenigRubloff Realty Group
1800 N Clybourn, 2nd Fl
Chicago, IL  60614
Office:    312-268-2753
Mobile:  312-725-4498

Email:  kwinters@koenigrubloff.com

Website: ChicagolandCondosandHomes.com

Join me on Facebook at Facebook.com/ChicagolandCondosandHomes.com

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John Pusa
Glendale, CA

Karen - These are very good list of ten commandments to follow in mortgage process.

Feb 03, 2015 09:54 AM
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Hi Karen, that's a nice list for smart homebuyers.  Any of these oversights really can kill the mortgage loan.  

Feb 03, 2015 01:13 PM
Karen Winters, Berkshire Hathaway HomeServices KoenigRubloff
Berkshire Hathaway HomeServices Koenig Rubloff Realty Group - Chicago, IL - Chicago, IL
Chicago, IL

Hi John Pusa and Michael Dagner, we can't stress this enough.    

Feb 05, 2015 11:28 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

Karen Winters ... thanks so much for helping to spread the word!  Much appreciated.  Hoping it proves educational and helpful to all your readers ...

Gene

Feb 07, 2015 03:48 AM