Change is Inevitable. The Outcome From That Change is Not

Change is Inevitable.

The Outcome From That Change is Not

      

     

     This last weekend was filled with "My Little Pony", "Shopkins", and "My Littlest Pet Shop" toys.

     Our grandbaby, Marilyn, visited with us while her Mom and Dad were busy.  As usual, she had her collection of Ponies, Pets, games, and toys in tow with her when she arrived.

     Her cousin, Eva Mae, is much the same when she visits us.  She typically has her favorite doll or stuffed animal tucked under her arm.  Or our little gymnast is tumbling and twirling as she comes through the door.

     As the father of only boys, having grand-daughters has been a new experience for me.  These beautiful little girls have taught me much, as I can now pass a quiz about Ponys and Shopkins with flying colors.  I can also make a pony tail with the best of 'em.

     Yep.  My grand-daughters have brought big changes to my life.  And not just in the number of hugs and kisses I receive.  I have to admit, I'm lovin' it ... 

      After little Marilyn's visit, it occurred to me just how much my life has changed since she (and our other grandbabies) entered it.  Both personally and professionally.

      It's been said that "the only thing constant in life is change".  That's certainly been true at the Mundt house since our first grandbaby arrived 5 years ago.  But that's certainly been true in the Mortgage industry over the last 5 years too.   

      As with most things in life, change is handled better by some than others.  Some see change as an opportunity.  They embrace it.  They stretch, grow, learn ... apply the change fluidly and successfully.  I know I've certainly tried very hard to do this with my mortgage services.

     But for others?  The opposite is true.  Change comes hard ...  

      For them, when changes arrive, the outcome found is often the direct result of the attitude and mindset with which they approach that change.  And like dominoes, their attitude and mindset affects the people around them ... and those they provide services to. 
  
     Current and future Mortgage Applicants should considerthis seriously when searching for a Lender.  So should real estate professionals when they refer.

     Ask:

  • How has the Lender handled all the changes that have occurred within the industry?
  • Have they educated themselves to the many changes?
  • How many loans have they Closed since the changes took effect? 
  • Has a pattern of successful Closings emerged?
  • More ...


     
     The answers found to the above questions are a good indication of how your (or your client's) mortgage processing will progress ... and of the likelihood of your finding a successful outcome.  

     There are vast differences between Lenders ...  

 

     Do your homework.  Get referrals.  Don't leave your choice of Lender to chance.  There's way too much at stake.

 

     Find yourself a Lender that has responded well ... responded positively to the challenge raised by recent changes.  And has proof of such in the form of multiple Closed mortgages and solid referral testimonies.

     Change is inevitable.  But the outcome from that change is not ...  


 


     *  Hoping to buy or refinance a home in the greater Chicagoland area?  Contact me today.  I'll put my 37 years of mortgage experience and expertise hard to work on your behalf.
     I can be easily found at:

Gene Mundt

 Mortgage Lender  -  NMLS #216987  -  IL Lic. #0006220  -  WI Licensed

American Portfolio Mortgage Corp.

NMLS #175656

 

Direct:  815.524.2280

Cell/Text:  708.921.6331

eFax:  815.524.2281

gmundt@goapmc.com

www.genemundt.com

 

 

 

  

 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   

   Gene's Chicagoland Blog/Gene Mundt, Mortgage Lender  

    

 

Gene Mundt

 Mortgage Originator  -  NMLS #216987    

                                 IL Lic. #031.0006220  -  WI License #216987                                                                                                    

NMLS #175656

 

Gene Mundt, Mortgage Originator,  40+ 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 and Wisconsin. 

 

Your Referrals & Testimonials are Always Greatly Appreciated! 

 

Email Me .. to be added to my Mortgage & Real Estate Newsletter

Comments

Gene it's so fun to hear about your grandaughters!  And what a great analogy to the life and busieness. Change is constant and it truly is how one embraces change that make a huge difference.

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) almost 3 years ago

I'm afraid I could rattle on for a very long time about my grandkids, Anna Banana Kruchten  But we veterans of the industry sure have seen a lot of changes over the years, haven't we?  And many that we unable to adapt to them ...

Gene  

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Hi Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, you bring up a lot of important things to consider regarding the mortgage industry and how to find a good lender. 

Posted by Sybil Campbell, REALTOR® ABR, SFR, SRES Williamsburg, Virginia (Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia) almost 3 years ago

Definitely great advice, Gene. The last thing a borrower needs is to find their loan denied at the last minute because the lender they used was not up to par.

Posted by Jane Peters, Connecting you to the L.A. real estate market (Home Jane Realty) almost 3 years ago

Great post Gene!  Yes, little ones do teach a lot.  It's such fun just sitting on the floor to play. What a great stress reliever!  And you bet, the changes have been huge.  I started in banking in 1977 and can definitely attest!  

Another item I'd add to the list after you ask how long they've beenin business; how long have you been with your current company?  I've seen one loan officer switch companies 5 times in 2 years.  There is definitely a pattern and it's not a good one!

Posted by Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN (Value Added Service, 602-620-2699) almost 3 years ago

Gene - A very timely post in light of the new rules instituted for closings. 

Posted by Robert Hammerstein, Bergen County NJ Real Estate (Keller Williams Valley Realty) almost 3 years ago

I was not very good at handling change many years ago but now I can usually take it all in stride. Real estate and lending change almost constantly. If you can't handle it then you won't be able to service your clients very well. 

Posted by Nicole Doty - Gilbert Real Estate Expert, Broker/Owner of Zion Realty ZionRealtyAZ.com (Zion Realty) almost 3 years ago

Right you are, change is inevitable.  It comes, and then it comes again.  Get used to it, and adapt or perish.

Posted by David Alan Baker Laveen & South Phoenix Realtor, Your local Expert (Keller Williams Realty Phoenix) almost 3 years ago

Thank you, Sybil Campbell ... appreciate the thumbs up!  

Frustrating and maddening when that happens, Jane Peters ... best to find a lender that can successfully complete your transaction right from the beginning!

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Sounds like you and I started about the same time, Jan Green ... although I still have a couple of years on you ... and grey hair to prove it!  But you  make a great point.  Definitely something else that serves as a warning sign to potential clients and referral partners ...

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Part of the inspiration for the post, Robert Hammerstein ... that and seeing the need ...

Can't think of many industries that have had to change and adjust as much as ours, Nicole Doty - Gilbert Real Estate Expert.  It's definitely going to be a poor fit for someone that doesn't handle change well ...

Gene 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

So true, David Baker Realtor - Laveen Homes for sale ... and the changes keep coming ...

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Hi Gene - Granddaughters are the best, and shopkins are the worst. There is no agony like sitting with your granddaughters while they watch shopkins videos on YouTube. Ugh.

Posted by Dick Greenberg, Northern Colorado Residential Real Estate (New Paradigm Partners LLC) almost 3 years ago

The big changes in your life have mirrored the big changes in the industry. Certainly, some changes are easier to deal with (grandchildren!) than others (Trid!)  If one won't or can't deal with change the outcome is indeed inevitable.

Posted by Margaret Goss, Chicago's North Shore & Winnetka Real Estate (Baird & Warner Real Estate) almost 3 years ago

Grandchildren are the best, and yes, they do cause change but in the best way.  We have 2 (a boy and a girl) and a 3rd on the way.  If we would have known they were going to be this much fun, we would have had them FIRST!

Posted by Trent Dalrymple (248) 854-0625, Helping Mortgage Professional's Lend Nationwide! (Texana Bank) almost 3 years ago

Gene we are handling the TRID changes fine, but the change my granddaughter has created in my life is far more pleasant.  I am looking forward to all the changes she brings, but I hope that "dress up" is not one of them .... LOL

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) almost 3 years ago

Great post, Gene.  And as for change, I am so impressed with how well our area lenders and title companies have come through the most recent changes.  They stayed on top of every proposal as it wound through the beaurocracy, commented on what worked and what did not, and began updating software months ago.  They also spent a lot of time and effort with training sessions for agents around town. 

Hmmm.  Maybe they are having children and grandchildren teaching them all about change!

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) almost 3 years ago

Very good advice! Loved how you tied in your personal experiences with business. Excellent post, aloha!

Posted by Mark Harbison, R, CIPS - GRI (Coldwell Banker Island Properties) almost 3 years ago

Great advice.. but more importantly,  where are the pictures of your granddaughters?

Posted by Judy Greenberg, Coldwell Banker - Buffalo Grove - Long Grove Homes (Coldwell Banker Long Grove) almost 3 years ago

Hi George - yes I see we have companion pieces today.  How we handle change makes the difference in our success.  When I work with companies one of their top "pain" items is change management.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) almost 3 years ago

Gene- you are so right...change is a part of life... it is inevitable.  It is how we react  to that change that defines us. 

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) almost 3 years ago

Ah, Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com, you say it so well.   You know, I resemble  that lender you are describing too.   Agents and buyers would be good to use either of us who have mastered the changes over the years. 

Posted by DEANNA EARLY - ( NMLS #268590 ), Virginia Mortgage Loan Originator (American National Bank and Trust) almost 3 years ago

Good morning Gene. We are both fortunate the way we get our business. Because clients are being referred you, they don't need to ask as many questions about you, as they were most likely sent to you by people they already trust.

A well deserved feature, very important topic.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) almost 3 years ago

Such a wonderful analogy on how we all need to be open to change.  So great to hear how much you enjoy your time with Marilyn and Eva Marie too.....and of course all of your grandchildren.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) almost 3 years ago

Yes, our response to change is what defines how successful we are in dealing with it. 

By the way, what's a Shopkins? (asks the mother and stepmother of four men)

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) almost 3 years ago

I know Marilyn has a few Shopkin games she plays on her iPad, Dick Greenberg ... the allure escapes me.  But she likes it ... so Grampa plays Shopkins.  I'm sure you understand ...

Yes, whether willingly or reluctantly, the changes must be accepted and mastered to survive, Margaret Goss.  The positive approach always seems to work best for me .. and I would suspect others as well ...

Gene 

 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

I hear ya, Trent Dalrymple ... it's magic when we see them!

Now THAT would be a blog I'd pay to see, George Souto!!  Please share if and when that happens, will you???

Gene 

 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

We certainly were given enough time to react positively, Patricia Kennedy ... but you may be correct in your assumption and have connected the dots between grandchildren and happy results!

Thank you, Mark Harbison ... I appreciate your very kind words ...

Gene

 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

To tell you the truth Judy Greenberg ... I thought that the message of the blog might be overshadowed by all their "cuteness" if I included their pic!!  How's that for a very proud Grampa????

But now that you've opened that door, I'll include some pics of them.  Just remember ... you asked for it!

                                             Marilyn Marjorie Mundt - 5 yrs.

 


                                                        Henry Mundt - 4 yrs.               

 

                                                     Eva Mae Mundt - 2 yrs.

 

Thanks for giving me the opportunity to show them off, Judy ...

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

A pain we must get over and past, Grant Schneider ... but 2 great minds tackling 1 similar thought!

Exactly, Kathy Streib ... but it can also affect others.  Especially in our industry.  Potential clients need to understand that .. 

Gene

 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Very wise indeed, Deanna Early ... it can impact them greatly .. and their outcome.

After reading (and hearing) once again about the stats regarding the amount of time and effort put into choosing a lender ... I thought it so too, Joe Petrowsky.  People don't give the act of choosing enough weight ...

Gene

 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Thank you, Roger D. Mucci.  We know how lucky we are to have all 3 of our granchildren living close.  We get to see them often ...  and we feel blessed by that.

Kat Palmiotti ... Shopkins are little tiny characters about the size of a man's thumbnail.  They are food items that you find in a grocery store, etc. ... with silly names.  We have Shopkins Bingo ... the Shopkins game ... and handfuls of Shopkin characters that visit us fairly often!  

Here's a link to find out more:

SHOPKINS     

Enjoy!

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

So true! I wrote yesterday about Using a Reputable Lender to Finance your Dream Home. Here's my favorite quote, (other than the cute grandkids):

Do your homework.  Get referrals.  Don't leave your choice of Lender to chance.  There's way too much at stake.

Posted by Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell (Front Gate Real Estate) almost 3 years ago

Good morning Gene. You are one proud grandfather, as you should be, a few times for you, only once for me.

You shared some great questions, that is certainly the place to start for anyone that will be in need of a mortgage.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) almost 3 years ago

Congrats Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com - having a grand-daughter is a blessing!

And when it comes to comparing lenders - believe me, it is equally applicable to real estate agents, too. Hence.....

"Don't leave your choice of Lender to chance.  There's way too much at stake."

Work with a referred agent/broker.

Posted by Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners) almost 3 years ago

So true, Praful Thakkar ... homework is demanded when choosing professionals to work with.  Not do it ... and you leave way too much to chance ..

Gene 

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Gene, one of the very important services I can provide is to refer my clients on to a Lender that I know and trust...one that I've worked with and has a prov-en track record...after all...when I refer my client to another real estate professional...my reputation is also on the line. Thanks for all your help my friend!

Posted by Nick T Pappas, Madison & Huntsville Alabama Real Estate Resource (Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Huntsville AL) almost 3 years ago

That's so true, Nick T Pappas ... like our Mom's used to tell us, we are judged by the company we keep!  We must refer intelligently.  It reflects on us ..

Great point .. always great to hear from you ...

Gene

Posted by Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience (NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656) almost 3 years ago

Gene, change is going to happen and we all have the opportunity to make it positive.

Posted by Donna Foerster, Metro Denver Real Estate Agent (HomeSmart Realty Group) about 2 years ago

Participate