Let's Talk! Gene Mundt, Chicago-area Mortgage Blog

Follow me
Mortgage and Lending - NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - IL Lic 031.0006220/WI
Mortgage, Credit, Real Estate info, plus details and local info pertaining to New Lenox, the Lincoln-Way Area, Will County, the Greater Chicagoland area, Illinois and Wisconsin
 Contract Provisions, Housing Supply, Mortgage Volume: Learning Juggling 101  Are you actively pursuing homeownership and out looking at homes with a realtor? If so, I'm sure your realtor has broached many topics with you already. There's a lot to know and stay informed of when buying and financi...
 The Year 2020 - Changes Affect Mortgages The year 2020 has been like no other ... In many ways, because of all the challenges and upheaval, time has felt like it was moving at a snail-like pace.  Frustratingly slow and perhaps at times, seemingly standing still.   Yet, here we.  It's September a...
 I Need a Mortgage. What Interest Rate Can I Get?  Multiple times a day, I hear the question ...  "What are the current interest rates" if  I want to buy or refinance a home? Oh boy ... Sounds like an easy question to ask a lender, doesn't it?  But in reality, it's not.  And that's a good and bad...
 Mortgage Processing Times Being Impacted by Busy Housing Markets  Read any media source ... social, news, printed or online ... and you quickly find multiple articles and reports regarding how busy the late-summer real estate market is in many housing markets across the country.  It's been a som...
 The Medicine That Cures During Mortgage Application? "ProActive"  I'm presently working with multiple self-employed mortgage applicants ... and as you would probably suspect, the process for these applicants is a bit more detailed in scope.Why?There are several reasons.  A few of those reasons a...
 Mortgage Application During COVID-19:The Need for Information and Documentation is Amplified   The weekend is often our family's opportunity to tackle errands.  That was true again this weekend.My wife had to stop at a store to pick up just one item.  The task was supposed to be a short one, so ...
 My Partner Has Poor Credit ... Is It Still Possible to Get a Mortgage? The topic of credit is an important one when it comes time to prepare and apply for a mortgage.  Questions surrounding every facet of credit arise during my initial conversations with prospective borrowers. The following is j...
  Self-Employed? What You Need to Know if Financing a Home As of June 11, 2020, changes in the processing of SELF-EMPLOYED borrowers have been implemented by Fannie Mae and Freddie Mac ...Why?The financial impact meted out by the COVID-19 pandemic.  Uncertainty has befallen many businesses and re...
 Navigating a COVID-19-Era Mortgage Transaction Successfully A few weeks back, I wrote an article regarding the need for homebuyers to adopt the right mindset and being ready to "go to work" when approaching, preparing, and entering the home buying process ...   Over the last few weeks that advic...
 Summertime is Finally Here! Do You Have an Emergency Disaster Kit for Your Pet?  Summertime ... It elicits memories and thoughts of great backyard barbeques and family and friends enjoying warm nights on decks and patios.  You can almost feel the mist and cool water of lawn sprinklers and swimmi...

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience
Contact Me For Mortgage Answers, Info & Assistance:

Additional Information