Special offer

What You DON'T Know CAN Hurt You When Applying For a Mortgage

Reblogger Cynthia "Cyndi" Cook
Real Estate Agent with Keller Williams Realty Alabama Gulf Coast


What You DON'T Know CAN Hurt You

When Applying For a Mortgage 


Are you familiar with the saying, "What you don't know can't hurt you?"  


According to the  "Oxford Dictionary of Proverbs", it's derived from the saying ... "So long as I know it not, it hurteth mee not" ... first seen in literature around 1576 and continuously thereafter.  So the saying and it's message has definitely been around awhile.


But what does this old saying mean?  


Historically it's meant that someone can't be made frustrated or unhappy by something they don't know.  It relieves people of worry and perhaps, even to a smaller extent, some responsibility.

But as a Mortgage Originator, I'm here to tell you that ...  


When it comes to planning,  buying, entering, or navigating the mortgage and home buying process(es) ... what you don't know certainly can hurt you. 


And frustrate you.  And cost you your time.  And cost you big money.


In the modern mortgage world, blindly starting the process to buy and finance a home prior to taking the time to educate and familiarize yourself to the process and the actions that will be expected of you is risky. 


Whether it be in time, stress, or money ... it can and will cost you to some degree.  So it's important for all hopeful home buyers and borrowers to proactively educate and familiarize themselves regarding the steps of the mortgage process and home buying topics.  


What are some of the most important things to know? 



Following are some of those things it's most helpful to learn about and know prior to starting your mortgage and home buying process:



The information and steps mentioned above (and more) are extremely important to know for anyone taking out a mortgage or buying a home.  NOT knowing about them, at minimum, will certainly make the process more challenging and stressful.


Buying and financing a home is supposed to be a happy and exciting time in your life.  Why risk taking the joy out of it or putting yourself in a vulnerable financial or legal position? 


Take the time to do some research online.  Do some reading.  Tackle the homework and preparation needed.  And don't be afraid to ask questions.  


Thoroughly educate and familiarize yourself to what lies ahead.  What you learn is your best protection and the fastest route to finding the success you seek.  You'll definitely enjoy your home buying and financing experience far more too.


The ball is in your court.  No one can do it for you. 


Should you be in need of information or mortgage assistance in New Lenox - Will County - Chicagoland/IL - WI, please do not hesitate to reach out to me ...



* Are you hoping to buy or refinance a home or investment property in New Lenox, Will County, or elsewhere in the Chicagoland, IL/Wisconsin area? 

Contact Me!  I'll put my 40+ years of mortgage experience and expertise to work answering your questions and fulfilling your financing needs.


I'm easily found at:

Gene Mundt
Mortgage Originator - NMLS #217987 - IL Lic. #031.0006220 - WI Licensed
American Portfolio Mortgage Corp.
NMLS #175656
Direct: 815.524.2280
Cell/Text: 708.921.6331
eFax: 815.524.2281


 Twitter Account of Gene Mundt, Mortgage Lender   LinkedIn Account of Gene Mundt, Mortgage Lender   Facebook Acct. of Gene Mundt, Mortgage Lender   Pinterest Acct. of Gene Mundt, Mortgage Lender   

   Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender  



Gene Mundt

 Mortgage Originator  -  NMLS #216987    

                                 IL Lic. #031.0006220  -  WI License #216987                                                                                                    

NMLS #175656


Gene Mundt, Mortgage Originator,  40+ years of #mortgage experience, will offer you exemplary mortgage service and advice when seeking:  #Conventional, #FHA, #VA, #Jumbo, #USDA, and Portfolio Loans in #Chicago and the greater Chicagoland region, including:  The #Lincoln-Way Area, #Will County, (#New Lenox, #Frankfort, #Mokena, #Manhattan, #Joliet, #Shorewood, #Crest Hill, #Plainfield, #Bolingbrook, #Romeoville, #Naperville, #Wilmington, #Peotone, etc.), #DuPage County, the City of Chicago, #Cook County, and elsewhere within IL and Wisconsin. 


Your Referrals & Testimonials are Always Greatly Appreciated! 


Email Me .. to be added to my Mortgage & Real Estate Newsletter

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Buyers cannot go wrong taking Gene's advice, as he is the loan guru! 

Jan 29, 2019 06:39 PM
Cynthia "Cyndi" Cook

Its great advice (:! 

Jan 30, 2019 08:49 AM
Dorte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton & rest of Maryland

Dear Cyndi,

Excellent recommendations, as always. You do not know what you do not know until you do.

Jan 29, 2019 06:58 PM
Cynthia "Cyndi" Cook

I agree!! 

Jan 30, 2019 08:48 AM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

There is much more than just walkingi nto a bank and walking out with a check

Jan 29, 2019 08:24 PM
Cynthia "Cyndi" Cook


Jan 30, 2019 08:48 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Thanks so much for sharing this info with your readers, Cynthia "Cyndi" Cook ... I hope it proves very beneficial to them ... and motivational too!


Jan 30, 2019 01:55 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I found this to be true in my own situation in small ways, but thankfully I was very careful and thorough. :

Nov 12, 2021 10:22 PM