Â Pretty much everyone knows the children's story about "Goldilock and the Three Bears".Â It's become almost mandatory reading for any child and their family and it's been made repeatedly intoÂ children's movies too.Â You most likely know the storyline.
But just in case, the tale goes that a little girl named Goldilocks enters the home of "The Three Bears" and wanders around testing things out in their house.Â Precocious little thing, this Goldilocks.
Â Goldilocks is a picky little thing.Â SomethingÂ she tries is always too this or too that.Â Too big ... too small ... too cold ... too warm ...Â and then finally theÂ third option is always "just right".
Â Â Now being the opportunistic parents thatÂ we were, Marilyn and I used to tell thisÂ story to our sons when they were realÂ little.Â Â For the Mundt children, there always was a lesson to be learned from the story of goodÂ ol' Goldilocks, to be sure.
Â Â Â Â Â As the kids got older, we obviously droppedÂ readingÂ the story of Goldilocks to them ... but we did not abandon what we saw asÂ one ofÂ the morals of the story.Â Okay ... again I'll admit to being a little opportunistic on this score, perhaps stretching the use of storytelling a bit.Â But as parents we tried to use everyÂ means and chance we could to drive homeÂ what we saw asÂ valuable lessons.Â
Thank you Goldilocks!
Higher education was always stressed as an importantÂ goal for our kids.Â We simply told them they had a job to do well each day just as certainly as their parents did.Â Their job was to go to school, to learn, and reap good grades.Â We told them if they did this, when the time came to choose a college or career, they then would have options at their disposal.Â
Â Â They would be in charge of their final school choice because they would haveÂ multiple schoolsÂ from which to choose.Â Simply put, they'd be just like Goldilocks ... only they'd be investigating and scoutingÂ schools of their choice out until they found the one that was "just right".
But what does all of this have to do with mortgage programs??Â Â It's really pretty simple.Â
As a consumer, you want to have options available to you too.Â That's true no matter what you are "shopping" for.Â Whether it's food, clothes, cars, or mortgages ...Â it's the same.Â Having options frees you to make comparisons, assists you inÂ finding the best product for your needs, saves you substantial money.Â
And toÂ make sure you haveÂ multiple options available to you as a home buyer, you must make wise preparation.Â You accomplish this by establishing good credit in advance. Paying bills/rent/house paymentsÂ on time.Â Limiting the credit, and number of credit cards, you apply for.Â Establishing a savings account.Â MakingÂ wise financial decisions.
YOU, just like Goldilocks, then have choices ... options at your disposal.Â YOU have earned the right of having multiple options from which to choose when it comes time toÂ mortgageÂ your home purchase or when refinancing.Â YOU have earnedÂ control over your financial destiny through thoughtful financial preparation.Â YOU choose.
YOUÂ then have earned the right to say ... "my FICO scores are high. I have money down.Â My finances are in good order".
Â Â Â "THISÂ excellent mortgage program and interest rateÂ is "just right" for me".Â
*Â To find out what options you have earned and are available to you when buying or refinancing a homeÂ in the Chicagoland area, please CONTACT ME at:Â http://www.genemundt.com/Contact-Me.html