If you are buying a home in Los Angeles read another great post from Gene Mundt, Chicago mortgage lender, about the necessity of talking to a lender. As a Mortgage Lender, one of the most important messages I impress on area Home Buyers/Owners is one regarding timing … the timing of when they should contact me […]
Do You Possess the Perfect Recipe to Become a Home Buyer? Read More »
Yesterday, I received a call from a First-Time Home Buyer. During that call, my young caller’s inquisitiveness and enthusiasm ran high. He peppered me with question after question regarding Mortgages and the Mortgage Process. And I loved every single minute of it. The questions he asked covered a wide range of topics and went into quite
The Mortgage Process is Like a Fingerprint or Snowflake No Two are Alike Read More »
When bad things happen once or twice, I find it to be circumstance. Add a few more “things” into the mix and I consider it plain ol’ bad luck. Add several more and I say it’s not bad luck anymore. Maybe it’s time to analyze the choices you’re making. Lately, I’ve been seeing a trend
Los Angeles Home Buyers, Do You Want to Save a Little or a Lot? Read More »
I try to keep track and analyze those blog posts that receive the most attention and get the most comments. What I learn from doing this, is that posts that recount actual transactions and actions that have transpired within a client’s mortgage process seem to educate best and hit a chord most often. My readers
In Mortgage Financing: It’s Not Simply about Being Employed Read More »
If you are buying a home in Los Angeles, especially if you are a first-time home buyer, you probably have a ton of questions. I am not going to be able to cover them all, but hopefully this series will answer the main ones. Q: What can I afford? A: The first step you will
Frequently Asked Questions When Buying a Home in L.A. What Can I Afford? Read More »
To Jumbo or not to Jumbo, that is the question. Many of my Chicagoland referral partners have been reporting that their higher-end housing markets are seeing healthier sales this Spring. Finally! Our local housing markets are healing! All very good news. Paired along with that is even more good news. Lending options are once again appearing for high-end real estate
Should you take out a Jumbo Loan or is there an Alternative? Read More »
This is the first in a great series about the mortgage process from our own Gene Mundt. Please visit Part 2 and Part 3 for more…… There’s no doubt about it … the current mortgage transaction bares little resemblance to the transactionthat took place even a few years ago. The process has definitely evolved. I
Mortgage Anatomy 101, the Current Mortgage Process, Part 1 Read More »
In Part 1 of the post, “Mortgage Anatomy 101″ … the Current Mortgage Process“ … I detailed much of what happens in the initial portion of your mortgage process. In Part 2, I dug a little deeper into the mortgage process and touched upon your mortgage file’s submission into Underwriting, the Underwriting itself, and then Loan Approval.
Mortgage Anatomy 101, the Current Mortgage Process, Part 3″ Read More »
In Part 1 of the post, “Mortgage Anatomy 101″ … the Current Mortgage Process“ … I detailed much of what happens in the initial portion of your mortgage process. In Part 2, I will continue to dig deeper into the mortgage process and touch upon your mortgage file’s submission into Underwriting, the Underwriting itself, and then Loan Approval. At this portion of
Mortgage Anatomy 101, the Current Mortgage Process, Part 2″ Read More »
When talking with potential clients seeking mortgage financing, one of the very first things I do is provide the address to my website. I’ve loaded my mortgage website with helpful info and tools to benefit all those that visit there. One of the bits of info that I use and stress the importance of, is my “Mortgage Checklist”. This list includes the info and documentation that
Good News. The New Non-Traditional Credit References May Help Read More »
