Mortgages: Start Your Trip Early


Mortgages: Start Your Trip Early 

(Allow Enough Time to Arrive 
at Your Destination Successfully and Safely)


     My wife and I went for a drive over the weekend.  Traffic was moving along at a fairly good clip.  But it soon became obvious that what I considered a "good clip" wasn't good enough for some others on the road. 
  
       Some drivers were zigging and zagging and speeding back and forth across lanes ... often tailgating extremely close to the car in front of them.  I think they were trying to send a message.  "Go faster!  You're going too slow.  I need to get somewhere!"

     Not too many of the "push-ees" were paying attention though.  For whatever reason, they didn't budge and stayed their course.  

     It occurred to me at that point, that there were some similarities between tailgaters and what I've seen in a few of my Mortgage processes lately.  There's been a few "push-ees" in my rear view lending mirror.

     The biggest "push" factor has been short Closing Dates on sales contracts.  Some as little as 2 weeks.  The Buyers involved in those transactions hadn't:
  • Started their Mortgage Process yet  
  • Progressed far into their Mortgage Process  
   Or:  Had intricate finances, credit, and debt.  Or were purchasing properties that had obvious appraising/inspection concerns associated with it.  

     All reasons to consider providing more time ... not less for the Mortgage Process.  

     Today's Mortgage Process has become a highway constructed of documents, communications, steps, and paths.  It's also constructed of humans.  

     Humans, both client and professional, that don't always respond as they should ... or as quickly as we might like.      These human responses (or non-actions) can cause a rippling effect within the Process and a delay in Closing.

    "Push-ees", (i.e. mortgage transaction "tailgaters"), can push all they want.  A certain amount of time, attention, and/or action is demanded within the Mortgage Process.  

     They take time.  "Pushing" typically doesn't help anyone get to the Closing table any faster. 

     As a Mortgage Lender, I'm invested in the success of my clients and their Mortgage Process.  I do all I can to facilitate the Process as quickly and smoothly as possible.  My advice to Mortgage transaction "push-ees" is much the same as it would be for their highway counterparts ...  

     Mortgages:  Start your trip early.  (Allow Enough Time to Arrive at Your Destination Successfully and Safely) 


     
*  Looking to Buy, Build, or Refinance a Home in the Chicagoland area?  Contact me today!  I'll put my 37 years of mortgage expertise and experience to work on your behalf.   
     I can be easily found at:
Direct:  815.524.2280
Cell/Text:  708.921.6331
eFax:  815.524.2281

 

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Gene Mundt, Mortgage Lender, a Lender 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

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