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 33
 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 50
 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 27
 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...

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
 Mortgage Applicants and Uber Drivers:A Boss and in the Driver's Seat As a Mortgage Originator, my ultimate goal in each transaction is exactly the same as my clients':  A successfully completed mortgage transaction and Closing.  But neither I or my client(s), should settle for just "getting it d...

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 44
  Are Some Credit Reports "Fake News"?Per a Housing Wire report, Experian (one of the 3 major credit bureaus) was fined $3 million for representing that their "purchased" credit scores were the same scores used by Lenders for Mortgage Underwriting decisions. (Housing Wire article link)Their consu...

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 21
 Our 1st Home was "Imperfectly" Perfect  This post is written in response to Paul Henderson's challenge to write about our "unique and special" homes ... When Paul says it's a "challenge", he's right.  I feel every home I've had the pleasure of living in holds a special place in my heart.  Each r...

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 24
  Avoiding a Homeowners Insurance Disaster When You Apply for a Mortgage When buying and financing a home, prospective Borrowers are required to produce a variety of documentation  and information to their Lender at the time of application and prior to the Closing of their loan.  In almost all ca...

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
 Receiving Too Many Annoying and Unsolicited Phone Calls, Texts, Emails, and Marketing Ads?  No matter how many times we see them, the "Seinfeld Show" episodes continue to make my wife and me laugh.  Sometimes I think the familiarity of them contributes to the enjoyment we receive.  So many good ...

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 29
 Have a Mortgage? It's Wise to Review it Periodically  Have you asked yourself any of the following questions?  Is the mortgage I presently hold on my Chicagoland home still the best financial/loan option available to me?   Is it fulfilling my current needs? Does it help me reach my short and lon...

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
 Benefits of Homeownership at Tax Time It's tax time ... And that means it's time for you to gather all of those envelopes recently mailed to your home marked "Tax Documents Enclosed" and file your taxes for the year. If you became a new homeowner during the previous year ...Your real estate prof...

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 56
 Missing: Common Sense and Logic  Some Home Buying Transactions Just Defy Logic ...   A call I received from a client a short while back literally left me speechless.  As my 6-year-old granddaughter would say, "there was nothin' but crickets" ...  My client had questions regarding their mortgage ...

New Lenox, IL Real Estate Professionals