Explore New Lenox, IL

By 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)
Comments 6
   VA Loans:  Flex Your VA Benefit Muscle     Veterans of the U.S. Military - Armed Forces, through their active service provided to our country, become eligible for VA benefits.  One of those benefits is a home loan guaranty.     I've been honored to work with many Veterans during my years as a ...

By 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)
Comments 4
 2017 - New School Year for New Lenox Public Schools, District #122  Citizenship ... Knowledge ... Excellence ... Pride ...Those are the words emblazoned on the New Lenox School District #122 crest.  For the 600+ teachers and staff of the District, they represent the focus, aspirations, and goals...

By 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)
Comments 32
  Wire Fraud:   What you need to know prior to Application for Mortgage     An increased focus is being given to the topic of wire fraud these days ...  Rightfully so, as the number of stories of attempted and successful wire fraud and scams is on the rise.  On ActiveRain, a social media and blog...

By 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)
Comments 12
 "Staging" Yourself and Your Finances for the Best Mortgage Available  Analogies are a tool I often use with my mortgage clients, as the comparisons and similarities showcased within my analogies deliver a bite-sized, more easily understood and digested method for my explanations ...  When utiliz...

By 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)
Comments 15
 Part #2 of Game Plans & Options:Determining the "Best" Loan Type for You In Part 1 of this post, I likened my role as a Mortgage Originator to that of a coach on a sports team ... The goals are surely similar.  And some of the skills, responsibilities and aptitude demanded of each, including the...

By 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)
Comments 28
 Get Ready for "HomeReady" from Fannie Mae After years of warranted tightening of guidelines in the Mortgage Industry, there are some new changes taking place that help to "relax" some guidelines, as they pertain to Fannie Mae (Conventional Loans) ... Come mid-July, 2017, Fannie Mae's Automated U...

By 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)
Comments 8
 2017 - 4th of July Fireworks in Will County The skies across Will County will light up with fireworks, during the upcoming 4th of July weekend ... There's a huge assortment of municipalities and groups hosting firework shows and spectaculars (sometimes as part of a community fest) throughout Wil...

By 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)
Comments 6
 Taxes, Escrows, New Construction, & Assessments in Will County In Will County, Illinois ... Property taxes are paid to the Will County Treasurertwice a year ...  The first installment of Real Estate taxes is typically due around the beginning of June and the second installment becomes due around...

By 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)
Comments 38
 Prove to Sellers You're Serious:  Be Pre-Qualified! Be Pre-Qualified for your Mortgage before you go and view homes!There, I've said it.  First thing.  Right out of the box.  So it can't be missed.I place that advice right at the top of this post in bright colors so it's not overlooked.  And bec...

By 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)
Comments 9
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 the...

By 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)
Comments 14
 Visit Will County Pools, Water Parks, Splash Parks, Splash Pads - 2017    School's out for the summer across Will County, IL ...    And as I'm writing this post, temperatures are hovering in the steamy 90's.  Many local parents are looking for safe, healthy ways to keep their kids active and ent...

By 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)
Comments 22
  The Funds Needed at Closing = "Cash to Close" "Cash to Close" ...It's the term used in mortgage lending that refers to the final amount of money a Borrower needs to bring or send to their Closing on their Closing day.   But in today's modern mortgage process, "Cash to Close" actually means anyt...

By 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)
Comments 7
 2017 Will County Farmer's Markets  Each year I share current dates and info regarding the many Farmer's Markets held throughout Will County, IL.Why?   Well first, I have a very proud "farmer's daughter" for a wife.  We support family farmers at our house. But eating fresh fruits and vegetables i...

By 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)
Comments 13
  Be a "Daydream Believer" ... Buy a Chicagoland Home  Do you dream of owning a home?If so, you're not alone.  Home ownership has been an integral part of the "American Dream" ... some say the defining portion ... for a long long time.  The term "American Dream" was first coined by historian Jame...

By 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)
Comments 11
 The Gift of Knowledge: Best. Graduation. Gift. Ever. My goddaughter, Katie, is graduating from high school this week.  She's just one of the approximately 3.3 million graduates graduating from U.S. public and private high schools this year. We'll be celebrating Katie's accomplishment(s), as well...

By 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)
Comments 52
 Quick Fix Credit Repair = A Myth While preparing for this article, I ran a simple Google search using the term "quick fix credit repair".  The result was remarkable.  Over 558,000 articles and references popped up in just seconds.You'd think with all the tips, info, and guidance available at the...

By 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)
Comments 28
 Fannie Mae Simplifies Guidelines for Student Loan Debt   It's been a long time coming, but Borrowers that hold Student Loan Debt may have finally caught a break ... Made effective on April 25, 2017, Fannie Mae gave Mortgage Lenders a much more definitive process with which to calculate Student L...

By 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)
Comments 28
With Golf and Mortgages: It's Important to Know the RulesThere are a LOT of rules in golf ...  That fact has drawn increasing attention as of late.  But truth is, golf rules have always provided controversy and remained in the forefront of gold tournaments over the years.  Just ask these pros:  L...

By 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)
Comments 18
 Rent VS Buy: Which is RIGHT for You?   Rent VS Buy ... which is better?Seems everyone has an opinion on this debate.  Pro and Con.  But truth is, no one but the person(s) considering this question has the "right" answer.  Or at least what's the "right" answer for them.It's also true:  Facts, emo...

By 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)
Comments 14
 "Need to Knows" When Buying New Lenox - Chicagoland New Construction  With so many housing markets across the country experiencing a severe shortage of existing homes for sale ... in growing numbers, new construction homes are garnering serious consideration from home buyers ... There are a vari...

New Lenox, IL Real Estate Professionals