Explore New Lenox, IL

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 23
  Self-Employed? What You Need to Know if Financing a Home As of June 11, 2020, changes in the processing of SELF-EMPLOYED borrowers have been implemented by Fannie Mae and Freddie Mac ...Why?The financial impact meted out by the COVID-19 pandemic.  Uncertainty has befallen many businesses and re...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 17
 Navigating a COVID-19-Era Mortgage Transaction Successfully A few weeks back, I wrote an article regarding the need for homebuyers to adopt the right mindset and being ready to "go to work" when approaching, preparing, and entering the home buying process ...   Over the last few weeks that advic...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
 Summertime is Finally Here! Do You Have an Emergency Disaster Kit for Your Pet?  Summertime ... It elicits memories and thoughts of great backyard barbeques and family and friends enjoying warm nights on decks and patios.  You can almost feel the mist and cool water of lawn sprinklers and swimmi...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 7
  Protect Your Financial Health & Credit During COVID-19 ... Take These Steps Now  Your physical health and mental well-being must always be an important focus.  The grave challenges posed by the current COVID-19 crisis, make that even more true ...But it's not only your physical and mental healt...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 23
 Appraisal Waivers: What are They? Who's Eligible? Many changes surrounding residential appraisals have occurred recently.  Some have come as a response to the challenges presented by Covid-19.  Others were put into place prior to our facing current viral challenges.  In this article, I address o...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 33
 Mortgage Forbearance: The Who, What, When, Where & How  No one knowingly buys a home envisioning that financial hardships lie ahead ... Yet hardships and challenges come even when planning and preparations have been made.   Those are the circumstances that many American homeowners now find thems...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 12
 This is the Perfect Year to Start YourContainer Vegetable & Fruit Garden This Spring of 2020 seems like the perfect time to plan and start a vegetable or fruit garden ... Providing yourself a ready-source of fresh vegetables and fruits meets the challenges currently found upon entering grocery s...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 12
  Adopt a Winning Mindset If Preparing for Mortgage Financing  Springtime means just one thing to countless millions of people like myself ... The Masters Golf Tournament ... The delay of this year's 2020 tournament left golf fans with a void to fill until fall.   But thankfully, last year's Mast...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 7
  How to Declutter & Donate in the Age of COVID-19   Millions of Americans have been ordered to stay at home during the COVID-19 crisis.  Many have taken advantage of some of their time while at home to clean, declutter, and organize their homes.   The process of doing so obviously minimizes the ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 6
 Chicagoland & Surrounding Northern Illinois County Offices:Update on Services The COVID-19 outbreak has presented many challenges for all real estate professionals on many fronts ...   One of those challenges has surrounded just WHO is still functioning and providing supportive services for tran...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 2
  Addressing the Chicago-Area Housing Shortage: Can New Construction Be an Answer?  There's a home inventory shortage currently being experienced in the Chicagoland area, just as there is all across the U.S.  A recent report shared in Crain's Chicago Business proves that to be true, as it states ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
  Sheltering-in-Home? All Stocked Up?What You Can Do Next  The current coronavirus scare has many cities, states, and our entire nation declaring a "shelter-in-place" or lockdown of many businesses and services.  We're all having to learn how to navigate the stresses and challenges the virus has ...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 8
  Your Savings & Down Payment Secret Weapon:Your Tax Refund   Socking away money for any reason is no small fete these days ...    But when the savings are for the purchase of a home, especially if your first home, the act of saving money can seem even more challenging ... and take on an even hig...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 5
  What You Need to Know About Financial Markets and the Mortgage Process The speed and ferocity with which the financial markets have been moving as of late have been mind-boggling ...   Even consumers that are typically only casual observers of the financial markets, not participants in them, ar...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 25
  Arriving Summer of 2020:  The New FICO 10 Scoring ModelHere's What to Expect ...  Hotter temperatures aren't the only thing that will soon be rolling in.  A hot new FICO Scoring model will also make its entrance at some point during the upcoming summer months ... A new credit scoring model isn'...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
   Refinancing ... is it right for me?  How to find out ...   There are many factors that influence the rise and fall of mortgage interest rates ...Case in point, right now the fear of a global coronavirus outbreak has the markets in a tither and that anxiety has resulted in lower and fluctuating...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 9
 Low Housing Levels = Fast-Paced Housing Market   You don't have to look far to find headlines that report about the housing shortage that many U.S. housing markets are currently experiencing.  They're everywhere. One reads, "Housing inventory falls to a two-year low".  Another reveals,  "For-Sal...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 5
  Lethal Mix:Procrastination and Mortgage Financing  If you read about real estate and financing much at all, you've probably run across numerous articles that spoke to the challenges and frustrations that can be found in modern-day transactions and their financing ... And as a mortgage lender, I...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 6
  January Should Make You Think "Taxes" ... both Income & Real Estate ... in Will County & Elsewhere  For those that are property owners in Will County, January 15th, 2020 was a day of great importance ...  That day marked the release and publication of the Will County Board of Review decisions r...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 19
  More Condo Transactions Possible Courtesy of Recent HUD/FHA Changes Today's homebuyers are increasingly reflective of the reality of modern life and its challenges ...As shared in my recent post, "Mortgage Advice & Options for Un-Married Couples", non-traditional methods of home buying are beco...

New Lenox, IL Real Estate Professionals