By Starrla Cray
DELANO, MN Whether it’s a new loan or refinance, mortgage professional Kevin Jaunich aims to make the process as painless as possible for his clients.
“I enjoy helping people through one of their biggest financial decisions,” said Jaunich, who opened a Nationstar Mortgage office in Delano last summer.
Jaunich, who graduated from Delano High School in 1999, has been in the mortgage business for nearly eight years. Many might remember him as the manager of the mortgage division at the State Bank of Delano.
“I always knew I wanted to do something with finance and banking,” Jaunich said, adding that when he graduated from St. Olaf College in 2003, mortgage lending was particularly appealing.
Before joining Nationstar Mortgage, Jaunich spent two years at Prospect Mortgage in Chaska.
“It’s nice to be back in Delano where I grew up,” he said, adding that his family has been in the area for generations.
Jaunich’s father, Steve, is the owner of Jaunich Tire Company in Delano. One of Jaunich’s brothers works with Steve, while his other brother is in the construction industry. Jaunich’s sister teaches at Delano Public Schools.
Many of Jaunich’s relatives have an entrepreneurial spirit, with uncles in real estate, self-employed architectural work, and landscaping, to name a few.
“All of our family is still in the area,” Jaunich said.
With a large network of local contacts, word of mouth referrals have been especially helpful for Jaunich’s business.
“Most of my clients are probably within a 15-mile radius of Delano,” Jaunich said, but added that he also works with people in other areas of the state.
“With fax and email, we don’t necessarily have to meet face to face,” he said.
Jaunich said that with lower interest rates and home prices, many clients have been exploring investment properties. He’s also starting to get repeat business, with clients who are ready to upgrade to a new home.
In October, Jaunich hired Delano resident Stacy Mauch as a mortgage processor.
“She works on files, and helps with closing transactions,” Jaunich said.
Jaunich and Mauch said they enjoy being part of Nationstar Mortgage, which is one of the leading mortgage servicers and lenders in the US.
“One thing that’s unique to Nationstar is that we’re able to service our loans, whereas other places sell their mortgages,” Jaunich said. “It gives the client a little more comfort, and it also allows us to offer a little better pricing, because we’re getting payment through the life of the loan.”
As someone who has been in the mortgage industry through the housing boom and bust, Jaunich is equipped to answer all kinds of mortgage questions.
“I’ve seen all the ups and downs,” he said. “There are more rules and regulations now, and program and guideline changes have been made. It was a lot easier to get a mortgage in 2004.”
Jaunich has also seen the economy’s effect in his own home buying experience.
In 2009, he and his wife, Laura, purchased a foreclosure in Delano’s unfinished Fox Meadow development, which was started by Denny Hecker.
With several vacant lots nearby, the Jaunichs and their two young daughters, 2.5-year-old Cecilia, and 7-month-old Louisa, enjoy scenic country views outside their home.
To learn more about mortgage lending with Jaunich, call (763) 972-8914, e-mail Kevin.firstname.lastname@example.org, or go to www.kevinjaunich.com.