Alexandria VA Homes for Sale: July 2014

The Reasons to Contact a Mortgage Lender ASAP When Buying a Home

Such excellent advice from a mortgage lender. Yes, contacting a lender IS critical in the home buying process and while it certainly does not sound like it is as much fun as "looking at houses," it is imperative to know what you can - and cannot - comfortably afford. I have had clients who were not well positioned to buy, yet, after months of helpful direction from a lender and some work on their part, were able to buy the home of their dreams with much better terms.

 

The Reasons to Contact a Mortgage Lender 
ASAP When Buying a Home



     The following are statistics reflecting American's current financial habits.  They're provided by the National Financial Educators Council:

 https://1609956119.secure-loancenter.com/FreeConsult.aspx

  • 60% of adults don't budget/keep close track of their spending
  • 41% of young adults, ages 18 to 21, fail to pay their bills on time every month
  • 69% of parents admit to feeling less prepared to give their teens guidance on investing than they do about sex


     I can tell you as a Mortgage Lender, that I'm not surprised by the numbers reported above.  I see/talk to clients on a daily basis that have little knowledge or comprehension regarding money, credit, or finances in general.  Even simple basics.

     And often, by the time I talk to these clients, they've already started the homebuying process.  They've been online looking at homes, have attended Open Houses, or even started working with an agent.  

     They may already have a specific home in mind for purchase.  If they have, time is of greater essence and the clock is ticking ... as in some Chicago-area housing markets, competition for good homes is extremely steep.  

     Yet, too often I find these hopeful homebuyers' finances are less then perfect and their credit power is not at optimum levels.  They may be "approvable", but the Mortgage programs available to them are not as desirable as those available to those with better credit standings.  Or "approvable" with some noted "asteriks" attached.

     Those "asteriks" means it's going to take some real "clean-up" of their credit to get them to the Closing table.  Work that gobbles-up valuable time and raises the stress-level of all involved within a transaction higher.

     So what's a good solution to this dilemma?

 

     Unfortunately I, as your Mortgage Lender, can't help you earn a larger salary.  But that doesn't mean your finances and Credit Scores can't be improved.  It takes:

  • Education and Knowledge 
  • Effort and Hard Work
  • Time  
  • Attention to Details on a Consistent Basis


      All of which I can help you with or provide ...

 

     I CAN however: 

https://1609956119.secure-loancenter.com/FreeConsult.aspx

 

  • Guide you through organizing and optimizing your finances 
  • Help you establish wise and useful Credit, if need be
  • Provide you information and guidance that will help raise your Credit Scores 
  • Help you financially position yourself to maximize the options available to you for a Mortgage

    

     Again, I do need time to accomplish that with you.  And it must be said that the deeper your financial and credit issues, the more time we need.

     Don't wait until you're hoping to view homes to seek-out a Mortgage Lender's services!!  6-months to a full-year ahead of when you hope to purchase is advised and needed for best results. 

     The Reasons to Contact a Mortgage Lender ASAP When Buying a Home:   Credit-building ... Credit repair ... takes time.  But keep in mind:  Sometimes even small improvements made in your Credit Scores and finances can have a big impact on the Interest Rate you receive and the types of Mortgage Programs available to you when you buy your home.  And they can translate into savings ... big savings.

     So if you're hoping to buy a home now or in the future and you're represented in any of the statistics shown above ... or if you just hope to wisely maximize the power of the money you have worked so hard to earn and save, contact me (or a Mortgage Lender in your local area) now.  The sooner you seek help and guidance, the better.

     In the Chicagoland area, I can be easily reached at any of the following:

Gene Mundt
Mortgage Lender  -  NMLS #216987

   Direct: 815.524.2280

Cell or Text:  708.921.6331

 www.genemundt.com

  gmundt@goapmc.com

 eFax:   815.524.2281

 

Click HERE for your FREE Mortgage Consultation!

 

 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   Digg Acct. of Gene Mundt, Mortgage Lender

 Trulia Acct. of Gene Mundt, Mortgage Lender   Zillow Acct. of Gene Mundt, Mortgage Lender   Lender411 Acct. of Gene Mundt, Mortgage Lender    Klout Acct. of Gene Mundt, Mortgage Lender    Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender  

Gene Mundt

Regional Manager - Mortgage Lender

American Portfolio Mortgage Corp.

                                                                    Personal NMLS #216987

AMPC Logo

NMLS # 175656

 

Gene Mundt, Mortgage Lender, a Lender with 36 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, #Wilmington, #Peotone, etc.), #DuPage County, the City of Chicago, #Cook County, and elsewhere within IL.  Gene Mundt, Mortgage Lender can be contacted at: 

815.524.2280 or via his email: gmundt@goapmc.com.

Contact Gene Mundt, Mortgage Lender soon!

 

From Northern Virginia to the Northern Neck, we provide you with stellar service (just read what some of our former clients have to say about it) and top notch market knowledge to help you sell your current home or buy your next dream home.

 Visit our website to search homes for sale or for more information on how we can work together to reach your real estate goals.

Comment balloon 6 commentsSusan Haughton • July 24 2014 04:16AM
The Reasons to Contact a Mortgage Lender ASAP When Buying a Home
share
Such excellent advice from a mortgage lender. Yes, contacting a lender IS critical in the home buying process and while it certainly does not sound like it is as much fun as "looking at houses, " it is imperative to know what you can - and… more
Yes, Your Contract Can Fall Out - What Can You Do?
share
While it's hard not to pop the cork on the champagne when you get an acceptable offer on your home, it's prudent not to get too excited or carried away until the ink is dry and the deed has been recorded. Not to dampen your enthusiasm on getting an… more
No, I'm Not a Butler But Some Days I Would Love to Be One
share
I was inspired this morning by a post I read about NOT being a butler - i. e., a door opener for home buyers. Someone whose only job was to grant access to homes buyers wanted to see. Oh, if only that were true… some days, I would love to… more
Your Loan Officer Advised You to Do WHAT?
share
I read Judi Barrett's post this morning this morning about a couple who had cancelled their home inspection on the advice of their loan officer. Let that sink in a moment. Their loan officer advised them to save the money and not… more
New Construction in Old Town Alexandria - Two Townhouses Remaining
share
When you're looking for a home in an historic city - Alexandria was George Washington's home town, after all - but would like all the latest materials, energy efficiency and top notch appliances, it's not always easy to find just the right… more
The Little Beach House That Could - Part 3
share
( Part 1 and Part II precede this final post about our life with our little beach house, Del Mar Cottage, which was recently sold). Fast forward 11 years. It was time to sell. Our little cottage by the sea we loved so much - and into… more
The Little Beach House That Could - Part 2
share
If you haven't read the beginning of this story you may want to go back to The Story of the Little Beach House That Could to get caught up. So, Hurricane Isabel roared in with a significant storm surge and just pounded the coast for hours… more
The Story of the Little Beach House That Could (Part 1)
share
Back in 2003 - or the year of Hurricane Isabel as beach house owners tend to measure things - we bought a little beach house down on the Outer Banks of North Carolina. Although it rented out every available week every year, it was, to say… more
Keeping Cool and Saving Energy This Summer - Household Tips
share
Although I rarely take the time these days to read through a lot of magazines I always make an exception for the local electric cooperative's monthly magazine, which is always chock full of helpful tips, local event and travel information and… more
Jefferson Manor 22303 Walk to Metro Open Houses Sunday 7/13/14
share
There are 4 homes open on Sunday in Alexandria's Metro-friendly community of Jefferson Manor. At $369, 500, 2711 Farnsworth is the lowest priced of the homes open on Sunday. If you are looking for a terrific fee simple townhouse with… more