Skip to main content

Don't Assume. Pick-up the Phone. Email or text. Get Mortgage Facts ..


Don't assume.  
Pick Up the Phone, Email, Text.  
Get the FACTS as they Pertain to 
YOU and YOUR personal finances.  
You may just end up a Home OWNER ...



     There are many people presently renting and dreaming of Buying a Home at some point "in the future".  

     After hearing or reading info regarding mortgage financing, they've come to the conclusion that they just can't buy a home now.  Or anytime soon.

     For some, that's true.  Their conclusion is based on fact.  Fact surrounding their finances or credit.  They know for a fact that there's repair needed and it will take a predetermined amount of time to make the improvements and corrections needed in order to buy or buy once again.  

     Examples of this?  Foreclosures, bankruptcy, extremely poor credit (FICO) scores ... they provide factual basis to arrive at their conclusion.  At least for a period of time.

     But there are many that are assuming they can't buy.  And that assumption has kept them from making any inquiries or doing any research.  

     They assume they don't have enough money for a down payment on a home.  That houses all cost too much.  Or that monthly mortgage payments will be too high for them to make.  

     They assume that renting is always cheaper.  Income is a concern for them.  They've assumed that the hardships or credit difficulties they've faced have eliminated all chances of their buying.  Again, they've assumed that the mortgage process is too hard, too complex, or too time-consuming.       

     And they would be dead wrong!

     Truth is:

     *  Down payment requirements for a home purchase can be as low as 3.5% through FHA.
     *  Down payment requirements as little as 3% via Fannie Mae's HomeReady program.
     *  A gift of money can be utilized for down payment.
     *  Credit Scores as low as 580 can qualify 
     *  Options exist to assist Veterans/Military 
     *  No Money Down Options for Veterans
     *  Local programs may exist to assist with down payment and purchase 
     *  Housing prices are still favorable in many housing markets
     *  An experienced mortgage lending professional can guide you and help you navigate your mortgage processing smoothly

     Many myths surround home buying and mortgage financing.  Sadly, because of this, many dreaming of buying believe themselves ineligible to purchase.  And it's not true.  At least not in the long term.

     Even if someone has less-than-perfect credit, it doesn't mean it's the end of someone's dream of buying their own home.  Many Mortgage Lenders work with those in this situation. (I know I do.)  

     I assist in clearing up errors, raising scores, and establishing good credit habits.  Help and sound advice is typically available to those that need it and for those that ask.

     With so many great opportunities presently available ... why not, at minimum ... inquire.  Inquire as to the options, services, mortgage programs, or down payment opportunities that may exist for you.  Inquire as to the FREE assistance and help that may be available to you should you need credit repair.

     The message I want to get across is this:

     Don't assume.  Pick-up the phone, email, text today.  Get the facts as they pertain to you and your personal finances.  You may just end up a home OWNER ... 





     *  Dreaming of Buying or Refinancing a Home in  Will County, elsewhere in Chicagoland, Illinois, or Wisconsin?  Have questions as to what options exist for you?  Need guidance?  Contact me!  I'll put my 37 years of mortgage experience and expertise hard to work on your behalf.
     I can be found at:
Direct:  815.524.2280
Cell/Text:  708.921.6331
eFax:  815.524.2281 
Twitter Account of Gene Mundt, Mortgage Lender   LinkedIn Account of Gene Mundt, Mortgage Lender   Facebook Acct. of Gene Mundt, Mortgage Lender   Pinterest Acct. of Gene Mundt, Mortgage Lender   
 Trulia Acct. of Gene Mundt, Mortgage Lender   Zillow Acct. of Gene Mundt, Mortgage Lender    Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender 
Gene Mundt, Mortgage Originator, an Originator with 37 years of mortgage experience, will offer you exemplary mortgage service and advice when seeking:  Conventional, FHA, VA, Jumbo, USDA, and Portfolio Loans in 
Chicago and the greater Chicagoland region, including:  
The Lincoln-Way Area, Will County, (New Lenox, Frankfort, Mokena, 
Manhattan, Joliet, Shorewood, Crest Hill, Plainfield, Bolingbrook, 
Romeoville, Naperville, etc.), DuPage County, the City of Chicago, Cook County, 
and elsewhere within IL & WI.  

Your Referrals are Greatly Appreciated!



    

     

      

Comments

Popular posts from this blog

Property Addresses: Gettin' Down to the Nitty Gritty

Property Addresses:   Gettin' Down to the Nitty Gritty

Take just a second and read through the following statements ...


“The devil is in the details” 
... "in life, it is often the tiny details that end up 
being the most important"

"Get Down To The Nitty Gritty"

“Little details have special talents in 
creating big problems!” 

“Sweat the details”

"Success is the sum of details"

Details ...Details ... it's all about the details ...
     And I'll admit it, I'm a bit of a nerd about them.  My whole family is.  Details, the intricacies, the little things ... they matter to us.
When I was growing up, a typical conversation (and argument) between my brothers and myself at the dinner table or in the backyard centered around "details".  It didn't matter what the topic was, it was the minor differences ... the details about the topic ... that we argued about.  I'm sure we drove our parents crazy.  
Sports statistics and games ... minutiae rega…

Ready for Fall? It's Arriving Soon

Ready for Fall?  It's Arriving Soon

Friend ...

Maybe it's because football season has started. Maybe it's the kids being back in school. Or because the night air is cooler. But a sense of Fall has arrived here in Chicagoland ...

The Fall Season brings changes with it. Changes in temperatures. Changes to the clothing we wear. Our focus seems to shift with the coming of shorter days, falling leaves, and crisp air.

Fall can be the perfect time to do a multitude of things. You can prep your home for the upcoming winter weather ... or for Fall listing and sale. 

But whether you're moving on or staying put, Fall is a great time to declutter and organize your home inside and out ... and your finances too.

I've googled like crazy to find interesting articles filled with Fall info, ideas, tips, and photos. Articles that will help you usher the Fall Season in at your house. I hope you enjoy reading the articles offered below and that they inspire you to make any needed changes.

Rem…

Paper or Paperless billing? Which serves YOUR needs best?

Paper or Paperless billing?  Which serves YOUR needs best?


These days, companies are under pressure to go "green" and become more environmentally friendly.  As a result, an increasing number of businesses are offering their customers a paperless option with which to receive and pay their bills. 

There are obviously many positives to be found within these paperless services:


Trees are saved  Reduced postage costs  Less paper documentation to organize or save/storePossible rewards for switching to paperlessPayments can often be made/posted same-dayAutomated payments can be set-upMore
But I can tell you from my vantage point as a Chicagoland/IL/WI Mortgage Originator, there are also negatives to be found within paperless methods.  For some of my mortgage clients, the choice of going "paperless" just hasn't worked well.

 For some, an email or text reminder regarding payment of bills has not been enough. They NEED a paper billing to arrive in their mail. 

Their paper bil…