Gene Mundt - Let's Talk Mortgages & Real Estate!

     Yesterday I wrote a post on AR containing information about the great low interest rates we are seeing currently.  I urged within that post, that whether you were a present homeowner or someone entering the market for the first time ... NOW was the time to pick-up the phone or contact your professional lender to find our what opportunities existed for you. NOW was the time to take action, step-out of your comfort zone if need be, and ask serious questions about your present loan ... or if buying could be in your near future. 

     I also sent the article regarding the low rates and my plea for action to my Chicago Bancorp database and linked into it on a few other social media sites ... and DARN!  If I didn't get some immediate calls and responses! 

     Maybe the timing was ripe for this low interest rates message.  Maybe it was the message's plea itself.  Maybe it was coincidence.  Maybe a combination of all three?  But whatever the reason, the response was clear and the action I called-for was taken ... and quickly!  It was just amazing!

     The reasons for each caller contacting me were different.  Each had their own issues they wished to discuss, but I was so very happy and proud of them for making their call.  In each instance as a result of their contact, actions are already being taken to improve their present financial or lending situation.  Again, actions taken are varied ... but it is action all the same. 

     Because of each contact's willingness to reach out to me ... positive changes will occur and positive results will be realized at some point in the very near future.  Willingness is a huge part of this equation!

     Each contact I received was solid, verifiable proof that my plea ... my call to action, is worth listening to and considering no matter your current housing status ... or over any preconceived notions you may presently hold.  Whether immediate in nature or further down the road, positive results can be the outcome from your doing so!

    So at risk of sounding like a broken record ... (or as in the Seinfeld sketch, "Yadda Yadda Yadda") ... I'm going to reiterate my message contained within yesterday's post ...

     Pick up the phone!  Write that email!  Text that message! Stop by my office! 

    Just DO SOMETHING to get the answers you need for the questions bouncing around in your head!  Take action to fix or improve any issues your presently have.  Do not hesitate out of fear, avoid it because of embarrassment, or procrastinate.  These rates and the opportunities they bring will not last forever.  The sooner you act .. the better.  The sooner you act ... the faster your results will be realized. 

     GO DO IT NOW!

     The headlines of an Associated Press article found on MSNBC.COM this morning shouted "MORTGAGE RATES AT LOWEST IN FIVE DECADES".  This article reported that the last time we saw rates this good was in the 1950's.

      But also reported within the article?   Low rates are still not causing much of a stir amongst consumers.  They're just not taking action. 

      I am here to make the plea to all current homeowners ... or those thinking of entering the housing market for the first time ...

        PICK-UP THE PHONE OR CONTACT A PROFESSIONAL MORTGAGE LENDER TODAY!

        If you currently own a home and hold a mortgage, make that call!  Have a complete and thorough Mortgage Planning session (which should include a FREE credit report) with your current lender ...  or find a new mortgage lending professional that offers this service.  POINT TO NOTE:  IT SHOULD BE A FREE SERVICE! 

        It is so very important that you take this action at minimum once per year.  My objective when  performing my mortgage planning sessions is not to sell you on any action or new loan.  It is to review the current status of your credit, your mortgage program, your finances as a whole ... and how they all impact one another. It is a discovery session and chance to communicate. 

      The end result of our session should be one of two positive things.  The best result is that we discover you are in the optimum financial position for your personal scenario at that time.  That means the best mortgage program available to you, your credit is in good shape, and no errors found upon it.         

      The second result is one where ACTION is being taken to improve your financial positioning. Discovery has been completed and courses of action are being discussed.  Suggestions to increase credit scores or correct an error discovered on your annual report may have been made.  New options or positioning regarding a lending program are being discussed for possible future action.  Details, such as PMI and escrow accounts, have been reviewed and assessed.  Wheels are in motion to enhance your financial health in some manner.

      Again ... this Mortgage Planning session should be a FREE annual service from your mortgage lender.  The cost to you to should be nothing except your time.  These annual reviews can easily be held in the comfort of your own home ... so it would be un-wise NOT to take advantage of this pro-active action. 

      For those thinking of entering the housing market for the first time, it is very important that you talk to a mortgage lender in advance to starting the search process.  Communication with a lender in as much as 6 to 12 months ahead of your planned target starting date is very good.

      When started this early, a professional mortgage lender can begin you on the best and smoothest path to homeownership.  Credit histories can be better established, FICO scores can be addressed and improved, errors found on credit reports can be corrected, debts can be paid down in the manner to best maximize your credit scores.  

       As with the Mortgage Planning ... pre-qualification for homebuying should be FREE or at maximum, the cost of running a credit report.  The more preparation done ahead of the actual property search and transaction processing, the better the conclusion and outcome will be for you.  And with the service being FREE ... why not contact a lender?

      It may seem cliche' to relate this message once again ... but these unbelievably low rates cannot last forever.  History has proven that.  SO IF AT ALL POSSIBLE ... now is the time to see if you can take advantage of these rates and benefits. 

      Pick-up that phone.  Text that plea for help.  Write that email.  Start today to find out what possibilities are available for you ...