If you’ve been turned down for a mortgage, it doesn’t mean homeownership is out of reach. One powerful option many buyers overlook is owner financing on home purchase. Instead of borrowing from a bank, you make payments directly to the seller. Owner financing can help buyers with credit issues, self-employed income, or limited documentation become…
In this guide, we will cover mortgage guidelines after bankruptcy. Mortgage guidelines after bankruptcy do not categorically prevent homeownership. Eligibility depends on the type of bankruptcy, discharge or dismissal date, recent payment history, prior foreclosure, and the chosen mortgage program. Getting a mortgage after bankruptcy depends on the type of bankruptcy, loan option, credit, and…
Home Purchase Loans: Traditional and Non-QM Options Home purchase loans are the financing options that make it possible to buy a home—whether you’re a first-time buyer, upgrading to a bigger place, or purchasing after a credit event. The right loan affects everything: how much house you can afford, how much cash you need upfront, your…
Best Buyer Solutions to Multiple Offers on Home Purchase This guide covers buyers solutions to multiple offers on home purchase. There was a time where there were tons of inventory of homes on the market. Homebuyers can ask for multiple showings on the same property. They saw weeks ago and the home was still available….
Home purchase with bad credit is possible, but the path depends on your credit score, recent payment history, down payment, loan program, and the type of credit issues on your report. A borrower with a 500 credit score may still qualify for an FHA loan with a larger down payment. A borrower with a 580…
The Complete Guide to the Mortgage Closing Process in Illinois: Everything You Need to Know Buying a home is one of the most significant financial decisions you’ll ever make. It’s a significant milestone, and it might seem daunting—particularly when you’re trying to grasp the mortgage closing process. In Illinois, the mortgage closing process is a…
Per mortgage after short sale guidelines on government-backed and conventional loans, homebuyers can qualify and get approved for a mortgage after a short sale. Previous homeowners who had a prior short sale can now qualify for a mortgage after a short sale as long as they have met the mandatory waiting period after a short…
A land contract home purchase is a way to buy a home directly from the seller without using a traditional mortgage lender at the time of purchase. Instead of getting approved for a mortgage right away, the buyer makes payments to the seller under the terms of the land contract. This type of agreement is…
Home Purchase Versus Renting Home: Should You Buy or Keep Renting? This guide covers home purchase versus renting for homebuyers. There are many added benefits to a home purchase versus renting home. Many first time home buyers are gun shy in considering in buying their home. Find out when buying a home might be better…
Clearing Conditions For Clear To Close on Home Purchase: What Buyers Need To Know This guide covers clearing conditions for clear to close on home purchases. Once mortgage borrowers have signed the mortgage application and the mortgage processor has processed it, it gets submitted to underwriting. A mortgage underwriter gets assigned to the file. After…
This guide covers calculating monthly mortgage payment on a home purchase. Many first-time homebuyers think they need a lot of money to purchase a home. When they see that homes average $200,000, they think they could never afford a home and do not consider it. The fact is that you do not need much money…
Unlock Your Dream Home with Just $100 Down: How the HUD $100 Down Payment Program Can Make Homeownership a Reality in 2026 If you’ve been dreaming of owning a home but need a hefty down payment, think again! The HUD $100 Down Payment Program is a game-changer, making purchasing a home with just $100 down…
Buying a home in Indiana appeals to many families, first-time buyers, retirees, and remote workers because the state offers affordable housing, manageable property taxes, and a lower overall cost of living than many other parts of the country. For buyers who want more space, stable communities, and a budget that goes further, Indiana has become…
Why a Home Purchase Offer Gets Rejected? Having a home purchase offer rejected can be frustrating, especially after finding a property that feels like the right fit. In many cases, the seller does not reject an offer because the buyer did something wrong. Sellers often choose the offer that gives them the best mix of…
In this guide, we will cover and discuss the gift of equity on home purchase mortgage guidelines. Many people want to keep the family home in the family. When the parents retire and downsize, mom and dad want to sell the home to one of their children at a discount. What does the gift of…
This guide covers short sale home purchase process by homebuyers. Due to the financial and credit collapse of 2008, foreclosures rates hit an all time historical high. Real estate values plummeted more than 50% or more in some areas in the United States. Millions of Americans lost their jobs and were forced into bankruptcy. Million…
Quick Answer: How to Negotiate a Home Purchase To negotiate a home purchase in 2026, start with a strong pre-approval, understand whether you’re in a buyer’s market or seller’s market, and make an offer that balances price + terms (closing timeline, contingencies, and seller concessions). Use comparable sales (comps) to support your number, ask for…
Sacramento California Home Purchase: 2026 Mortgage Guide for All Buyers Buying a home is a big decision; if you’re looking at a Sacramento California home purchase, you’re not alone. As one of the fastest-growing metro areas in California, Sacramento is full of opportunity, culture, and affordability compared to other parts of the state. Whether you’re…
California Extra Credit Teacher Home Purchase Program: 2025 Guide for Teachers Buying a Home If you work in education and dream of buying your own home in California, you’re in luck. The California Extra Credit Teacher Home Purchase Program (ECTP) is made just for you. This program gives teachers and school staff a hand with…
In this article, we will cover and discuss helping your realtor and lender help you with a home purchase. I know sometimes it can be hard finding the right Realtor. I also know that once you have made that decision, there are some tips that can make your Home Buying Partnership more successful. Helping your…
Homebuyers should take time and ask as many questions as possible prior to the homebuying process. This holds especially true even if they are purchasing the home cash.
Are There Any Mortgage Lenders That Offer 95% CLTV Jumbo Mortgages For High-End Home Purchases? Gustan Cho Associates are experts in helping buyers of high-end homes qualify for 95% CLTV Jumbo Mortgages for high-end properties.
CALL NOW 