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
  The Impact of Late or Missed PaymentsAre You Playing "Catch Up"? As a kid, you probably used it yourself with friends when you said ... "You go ahead, I'll catch up".  As an adult, it's likely you've said, "I'm playing "catch up" at work" after returning from a long weekend or vacation.  Or upo...
   When You Navigate Your Mortgage Process: WHO are the People That Help You? You've decided to become a homeowner ...Congratulations!For most people, that means it's time for them to: Seek and Choose a Mortgage Originator Learn about the steps involved in the mortgage process Educate yourself ab...
  Pre-Approval VS Pre-Qualification:How "Approved" are  You?  If you take a look online, you can easily find multiple definitions and opinions on just what constitutes a Mortgage "Pre-Qualification", "Pre-Approval", and "Pre-Approval Letter" ... and the differences that exist between them ... So ...
  Lincoln-Way Community High School2018 Varsity Football Schedules(Central, East, & West)   Kids are back in school already ...   That means some great gridiron action is available each week at your local high school ... Lincoln-Way Community High School, District #210, serving the New Lenox, Fra...
  Reduced Costs Seen for Private Mortgage Insurance In a period of rising mortgage interest rates, some good news has recently arrived from the Private Mortgage Insurance (PMI) industry ... Most of the predominant PMI companies have reduced rates charged to borrowers that finance a home and have ...
 Recent Changes to Fannie Mae DeliverGood News to Chicago - Chicagoland Condo Buyers   No matter your lifestyle, Chicago - Chicagoland ... with its many diverse neighborhoods and extended surrounding suburbs ... has real estate property for sale that will fit and satisfy your personal tastes, bud...
  Do You Own Real Estate Property? Are You an IL Disabled Military Veteran? Last week, I had another opportunity to provide financing services for a home purchase made by one of America's most cherished assets ... a military veteran. It's always a huge honor and distinct pleasure to assist one of...
  Lender Remorse:  Why and How to Avoid It No matter the size of the business, businesses today typically choose to incorporate some type of social media into their marketing efforts ... That's certainly true for me.  As a Mortgage Originator, I participate in many of the major social media outle...
 The Options and Opportunity Availableto Singles Hoping to Buy a Home  Here's a statistic I find fascinating ...According to a recent survey released by the National Association of Realtors (NAR):     Single-female homebuyers outpace single-male homebuyers by a margin of over          2-to-1.  Th...
  What Makes You Special When You Buy a Home?  Your Financial DNA Parents often tell their children they're "special".  They're unique.  Like no other person on earth.  I know I told both of my boys that ... still do.It's a pretty heavy message for a child to hear, isn't it?  One based on love ce...

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

708.921.6331 - 40+ yrs experience
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