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

 This post offered by Joan Cox, Denver, Colorado focuses on a timely topic and trend taking place in many current real estate offers ... Home Buyers "Love Letters" to Sellers. As stated at the end of the YouTube presentation included, if you have questions regarding this practice ... or if more l...

  Mortgage Loan Borrowers Top 5 "Hiccups" & Mistakes "Wish Lists" are a hot topic for kids, no matter the time of the year.  Do you know any kid that doesn't have a list of things they're wishing for at the handy? Did you know that Loan Officers often have Wish Lists too?  I can tell you that I m...

 Student Loan Debt Solution Found via Fannie Mae's "Student Loan Cash-Out Refinance"   Mounting Student Loan debt has become a huge concern ...  This is true not only for individuals carrying student loan, but for GSE's (Government Sponsored Enterprises) like Fannie Mae that oversees and ensure m...

  Establishing Legal Ownership: Condos, Dwelling Parcels, PUDs I've "been around" ...  Around the mortgage business, that is.  For over 40 years. And during those 40 years,  besides being a Mortgage Originator, I also held an IL Real Estate Appraiser license for around 2 decades.  Plus I was hono...

  Selling Your Home? Should You be Leery of Accepting an Offer from Buyers Approved for FHA Financing? It's not unheard of to hear my Borrowers (and their Agents) say that Sellers are expressing a leeriness about accepting offers from FHA  Buyers ...  Typically these Sellers' uneasiness is based ...

  This Message is So Important, it Bears Repeating    Home buying is often spoken of as an uphill, stressful challenge ...  And while it's true that there's much to know and do during the mortgage process ... the following is also true:  Buyers retain much of the control in determining how quickl...

 2018 - Halloween Safety Tips for Pets  The Halloween Season with all its scary costumes, parties, tasty treats, spooky decorations, and haunted homes is finally here ...  But sadly, potential dangers also arrive with it.  And that means we should be taking the time and making the effort to plan,...

  A Mortgage Originator's View of Property Valuations Recently I read an article by Appraiser Tom Horn (Birmingham, AL) entitled: "How do Appraisers Calculate Price per Square Foot?" ...  Soon after reading this informative article, I received an Appraisal in my office on a (purchase) transaction...

 2018 - Holiday Shopping Safety Tips Today's brisk cool wind reminds me, another summer with its warm sunny days is in our rearview mirror ... Brrrrrrr!  It also reminded me that the Holidays are just around the corner!   Of course, that means holiday commercials will soon be running on our TVs 2...