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About Mortgage Forbearance

Mortgage Forbearance: The Who, What, When, Where and How

Gene Mundt, Chicago mortgage originator, offers some insight into the mortgage forbearnce program available during the COVID-19 pandemic. 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 themselves in.  …

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When Applying for Your Mortgage, It’s “FATE and RATE”

Gene Mundt, Chicago Mortgage Originator is always a mine of information re the mortgage industry. Here is information on the importance of maintaining a good credit score. Most of the loan applicants I work with come to me already aware of the fact that their credit scores and credit history contribute to and affect the interest rate quote they …

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New Freddie Mac Guidelines Regarding Credit History, Authorized Users and Mortgage Approval

Gene Mundt, Il/WI mortgage originator teaches us about the importance of building our own credit history. New Freddie Mac Guidelines Regarding Credit History, Authorized Users and Mortgage Approval Recently, Freddie Mac updated their underwriting guidelines, via its “Bulletin” from September 19, 2018 … One of the key points documented in this Freddie Mac Bulletin related to Credit Reporting …

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