Los Angeles Mortgage News

Buying a Home When Self-Employed? Some Useful Tips

Gene Mundt, a Chicagol Mortgage Originator write another great post on how help move along your mortgage loan application by being pro-active.  This is even mor important during the current crises we are facing. I’m presently working with multiple self-employed mortgage applicants … and as you would probably suspect, the process for these applicants is a

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Mortgage Forbearance: The Who, What, When, Where and How

Gene Mundt, Chicago mortgage originator, offers some insight into the mortgage forbearnce program available during the COVID-19 pandemic. No one knowingly buys a home envisioning that financial hardships lie ahead … Yet hardships and challenges come even when planning and preparations have been made. Those are the circumstances that many American homeowners now find themselves in. 

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How Financing Options are Affected by the Rise & Fall of Federal Reserve Interest Rates

Gene Mundt, Chicago Mortgage Originator provides an excellent overview of how the Federal Reserve’s interest rates affect your finances, specifically as it relates to mortgages: My phone is ringing off the hook these days … The latest move by the Federal Reserve has garnered lots of attention and piqued the interest of many.  Many of my callers

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Taking The Mystery Out of Credit Score Calculations

Credit … Credit Building … Credit Repair … Credit Reports … Credit Scores … Credit Scoring …   I feel a bit like Bubba in Forrest Gump at times when I speak or write of credit-related things …Why?  Because such a large number of the questions I receive as a Chicagoland Mortgage Originator revolve around credit and credit topics. 

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When Applying for Your Mortgage, It’s “FATE and RATE”

Gene Mundt, Chicago Mortgage Originator is always a mine of information re the mortgage industry. Here is information on the importance of maintaining a good credit score. Most of the loan applicants I work with come to me already aware of the fact that their credit scores and credit history contribute to and affect the interest rate quote they

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