Mortgage Information

Getting Married Establish a Lifetime of Good and Sound Financial Habits

Gene Mundt was asked to participate in a recent Bridal Show and Expo in Joliet, IL.  Below is the advise he put together to share: My suggestion to newlywed couples is … let the excitement of your wedding day die down a bit.  Take some time to relax and just bond.  Then have a few serious talks together.  Ones where […]

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Credit: Who Needs It? Why is it Important? How do you Establish it?

I’ve been receiving more and more inquiries from young potential Home Buyers as of late.  That’s reason for celebration, as I believe now is a great time to enter the housing market.  With home prices still affordable and interest rates so low, there truly is a golden opportunity for young Buyers. But with the growing number of young Buyers, I am

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Credit and Credit Management: Reasons to Pay Attention to Both

Gene offers excellent advice on how to manage your credit before it becomes a problem. It’s not hard to find advice on a full-range of credit issues today.  Experts (or so called experts) are everywhere.  So I find that most of my clients come to me already understanding that credit scores are very important … and growing more so each day.

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3 Reasons to Refinance or Buy a Los Angeles Home Now

With FHA and HUD and economists announcing their predictions of higher interest rates (sooner than later) and recent history indicating interest rates can’tget much lower, NOW seems like the perfect time to Buy and Sell home.  And that may be especially true if you’re a First-time Home Buyer.      Present Homeowners can also position themselves for a brighter financial future with a Refinance of their

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Don’t Accidentally Start a Fire When Applying for a Mortgage

Don’t Accidentally Start a Fire Install a Fire Detector Within Your Contracts          From start to finish … the dates and chronology of a Real Estate Contract have become increasingly important to the outcome of the transaction.  This is certainly true here in my  Will County, IL  housing market, as well as across the nation.

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The Not so Simple Task of Quoting Interest Rates

     I liken Interest Rates to onions in more than a couple of ways.  Much like onions, Interest Rates have “layers”.  In today’s mortgage financing, a Mortgage Lender  must weigh all the facts, then peel away “layers” of information and data to find and reveal the answers to your Interest Rate questions.      And right now with Interest Rates being at historic lows (but rising

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Know Your Terminology Regarding Mortgage Lenders, It’s Very Important

I’ve offered multiple posts about the importance of being familiar with  frequently-used mortgage terminology prior to entering your mortgage processing.     With all the real estate and financing terminology or slang that can pop-up during a real estate transaction, it’s just best to be prepared and educated about what you’ll be hearing.  It’s for your own benefit.     

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Short Sales: The Road to Easier Navigation & Successful Transaction

Many recent indicators I’ve seen, heard, and experienced seem to point to more positives regarding the conducting of Short Sale property transactions. They’re fitting the pieces of the Short Sale puzzle together a bit faster and better.      Major servicers (big banks) finally seem a bit better equipped, more willing to avoid foreclosure expenses, and more

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