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

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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



  Why Do Lenders Require a Real Estate Contract?      One of the Loan Officers in my office had a Seller's Attorney recently ask him ...      "Why does a Lender need a copy of the Real Estate Contract?"     Admittedly, I was somewhat taken-aback by this basic question, but I believe my LO handled...
  First, I want to thank you again for your business and support offered during this past year and beyond.  I, my team, and my family all appreciate it greatly.   I hope this message finds you and yours enjoying all the fun and joy the Holiday Season brings.  Below, you'll find some timely tips,...
 Fannie Mae's Recent Appraisal Guideline Updates            Fannie Mae recently updated some of their Appraisal and property-related guidelines ...       It's important to note that these updated Fannie Mae guidelines/points are NOT necessarily the policies of Lenders, Banks, and other entities ...
Recycle Old Non-Working Holiday Lights at the Plainfield Public Libary in Plainfield, IL                It seems, that no matter how carefully I wrap our holiday lights the previous season , there's always a strand or two that doesn't survive ...        It's why I was so happy to find out that t...
  How Is the Mortgage Process Like and Differ From a Roller Coaster?      Going through today's Mortgage Process can be much like being on a racing roller coaster.  The similarities and parallels between the two are endless.           Examples:  Both have highs.  Both have lows.       At times, e...
   Rent or Buy in Chicago or Chicagoland? Discover Your Options           It's no secret.  The cost of renting has been rising all across the U.S. ...       A recent article in the New York Times, reported the following regarding the cost of renting nationwide ... and in Chicago/the Chicagoland a...
Village of Mokena, IL Military Fee Waiver Program      The Village of Mokena, IL has provided one more great reason for military veterans (United States Armed Forces) hoping for a new home in the Chicago Southland - Will County, or Lincoln-Way Area, to consider living within its borders ...     ...
  Santa's Elves Babysitting December 19th, 2014, at the New Lenox Park District        Are you a busy parent with lots to accomplish this Holiday Season?  Holiday parties to attend?  Shopping to complete?  Do you live in or near New Lenox, IL?         Then I have some great news and information f...

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

708.921.6331 - 40+ yrs experience
smartphone(708) 921-6331
local_phone(815) 524-2280
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