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
RECENT BLOG POSTS
 Thinking of "Flipping" a Chicagoland Home?   "Flipping" shows are increasingly popular on TV these days ..."Flip or Flop", "Masters of Flip", "Flip this House" represent just a small sampling of the shows currently on air featuring the buying, renovating and selling of homes within a short timef...
04/18/2017
 "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...
04/11/2017
 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...
04/09/2017
  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...
03/28/2017
 Easter Bunny "Hoppinings" in Will County - 2017 The Easter Bunny will be hopping all over Will County providing treats and fun for Easter this year! There will be: Egg hunts  Flashlight hunts  Hunts for canines Pancake Breakfasts  Photo opportunities  Entertainment, inflatables, petting zoos, & ...
03/25/2017
 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...
03/16/2017
  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...
03/14/2017
 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 ...
03/10/2017
 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...
03/08/2017
 Sound the Alarm! Tornado Season Just Arrived in Will County - Chicagoland  As I write this ... the temperatures outside are warm .. and it's very humid.  Unusual weather to be having in Chicagoland as we head into the beginning of March. Most years, the odds of tornadoes occurring in Will County...
03/01/2017
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Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

708.921.6331 - 40+ yrs experience
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