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 30
  2017 - Safety Tips for Halloween Trick-or-Treaters & Family Pets Halloween and Trick-or-Treating is supposed to be lots of fun ... And scarrrrrryyyyyy!  Outlandish costumes.  Free candy.  Parties.  Trick-or-Treating with friends.   It's the perfect holiday for kids ... right? But danger and dan...

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 35
  Have Student Loan Debt? A Solution May Exist For You   I'm sure you've seen these headlines or others like them ...  "Debt-Locked: Student Loans Force Millennials to Delay Life Milestones"   "Yes, student debt is delaying homeownership" "Student Debt May Prevent Some Americans From Buying Homes...

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 48
 Don't Give a "One and Done" to the Equifax Breach By now, you've probably heard and seen multiple articles regarding the recent Equifax breach of security.  I myself have written and addressed this breach in an earlier post. You may believe you've seen and absorbed all the details and instructio...

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 45
The Equifax Security Breach: Assume the Worst Typically, making assumptions is not good.  In the case of the Equifax security breach discovered on July 29, 2017?  Just the opposite is true. Yep, you read that right ... ASSUME the worst and proactively take measures to protect yourself, your fina...

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
 September 1, 2017 Sees Appraisal-Free Purchase Mortgages Become Available from Fannie and Freddie Fannie Mae and Freddie Mac have recently come out with new directives and notifications relating to requirements on appraisals ...  What are those changes?As of September 1, 2017:  On transactions f...

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
 The Sandwich Generation Dilemma: "What Do You Do With All the Stuff?" Recently, there's been a flurry of articles and videos highlighting a dilemma many older Americans currently find themselves in ...What do they do with their stuff if they downsize? For members of the "Sandwich Generation", th...

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 26
 How to Spot, Avoid, Report a Credit Repair Scam  Don't Be a Victim! The airwaves are full of advertisements and infomercials aimed at consumers with credit issues ...  Some of these companies are legitimate.  But a fair number of them are fraudulent ... or just offering poor advice at a very cos...

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 41
 Have Student Loans? Think you Can't Buy a Home? WRONG!  Do you ... Want to buy a home? Have Student Loan debt? If you answered "Yes" to the questions above, it's important for you to know that contrary to what is commonly seen and believed, it is possible to buy a home when you have Student Loan...

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
 Buying or Refinancing a Home? Seek a Mortgage Originator that's a Good Conversationalist  Consider this scenario ...You've been invited to a party.  You don't know many people there.   You realize it's going to be a long boring party if you don't start to mingle and meet others.  So, you head-of...

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 33
  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 13
 "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 16
 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...

New Lenox, IL Real Estate Professionals