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    • Contact Us
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    • Why Choose Us
    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
      • Conforming Loan Limits
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      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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      • Chapter 13 Bankruptcy Cash-Out-Buyout
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      • FHA Manual Underwriting
      • FHA Chapter 13 Bankruptcy Guidelines
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    • VA Home LoansExpand
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      • Conventional Loans W-2 Income ONLY Mortgages
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Call or Text: (800) 900-8569

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Author: Alex Carlucci

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The Struggle of Car Loans
Auto Loans | High Debt To Income Ratio | Home Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Videos

The Struggle of Car Loans During Mortgage Process

ByAlex Carlucci Posted onMarch 18, 2024August 9, 2024

This guide cover the struggle of car loans during the mortgage process. Looking to buy a new car? Like most…

Continue Reading The Struggle of Car Loans During Mortgage ProcessContinue

Mortgage After Short Sales in Chicago
Mortgage After Bankruptcy and Foreclosure | FHA Loans | NON-QM Loans | Qualifying & Getting Pre-approved | Videos

Mortgage After Short Sales in Chicago FAQ and Answers

ByAlex Carlucci Posted onMarch 16, 2024August 9, 2024

This guide covers approved mortgage after short sale in Chicago FAQ and answers. Ronda Butts covers getting approved for a…

Continue Reading Mortgage After Short Sales in Chicago FAQ and AnswersContinue

Loan Estimate Versus Closing Disclosure
Home Mortgages | Mortgage Processing And Underwriting | Regulations | Videos

Loan Estimate Versus Closing Disclosure Closing Costs

ByAlex Carlucci Posted onMarch 14, 2024July 29, 2025

Closing costs on the Loan Estimate versus Closing Disclosure will most likely be different. The itemized closing costs on the…

Continue Reading Loan Estimate Versus Closing Disclosure Closing CostsContinue

How to Buy a House With Bad Credit
Bad Credit Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

How To Buy a House With Bad Credit

ByAlex Carlucci Posted onMarch 1, 2024March 4, 2024

This guide covers how to buy a house with bad credit.  Many folks assume you cannot get a mortgage loan…

Continue Reading How To Buy a House With Bad CreditContinue

FHA Loans With 500 FICO
FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Videos

FHA Loans With 500 FICO Credit Score

ByAlex Carlucci Posted onFebruary 29, 2024August 8, 2024

HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.

Continue Reading FHA Loans With 500 FICO Credit ScoreContinue

Waiting on Short Sale To Qualify For FHA Loans
Mortgage After Bankruptcy and Foreclosure | FHA Loans | Videos

No Waiting Period on Short Sale Mortgage Guidelines

ByAlex Carlucci Posted onFebruary 26, 2024July 8, 2025

This article cover no waiting period on short sale mortgage guidelines. For those who were homeowners during the economic meltdown…

Continue Reading No Waiting Period on Short Sale Mortgage GuidelinesContinue

VA Credit Dispute
Automated Underwriting System | Credit Disputes | VA Loans | Videos

VA Credit Dispute Guidelines During Mortgage Process

ByAlex Carlucci Posted onFebruary 24, 2024July 29, 2025

This blog will share some helpful tips about VA credit dispute guidelines. VA loans are often seen as one of…

Continue Reading VA Credit Dispute Guidelines During Mortgage ProcessContinue

Home Loan In Community Property States
Home Mortgages | FHA Loans | Videos

Getting Approved For Home Loan in Community Property States

ByAlex Carlucci Posted onFebruary 22, 2024July 29, 2025

If you’re married and you buy a home in a community property state, you’ll face different rules for qualifying. Most of these rules come into play if you finance your home with a government-backed home loan like the FHA, VA or USDA programs.

Continue Reading Getting Approved For Home Loan in Community Property StatesContinue

What is a Mortgage
Home Mortgages | Home Purchase | Mortgage Rates | Mortgage Refinance | Videos

Understanding The Basics of What is a Mortgage

ByAlex Carlucci Posted onFebruary 19, 2024August 6, 2024

This guide covers understanding the basics on what is a mortgage. We will cover and discuss the meaning of what…

Continue Reading Understanding The Basics of What is a MortgageContinue

Update Credit Report Fast
Re-Establishing Credit | Videos

Get Recent Update Credit Report Fast With a Rapid Rescore

ByAlex Carlucci Posted onFebruary 15, 2024August 6, 2024

In this blog post, we’ll delve into the most recent methods to update credit report fast using rapid rescore to…

Continue Reading Get Recent Update Credit Report Fast With a Rapid RescoreContinue

Fannie Mae Multi-Family Mortgage
Home Mortgages | Muti-Family Investment | Rental Income | Videos

UPDATED 2-to-4 Unit Fannie Mae Multi-Family Mortgage

ByAlex Carlucci Posted onFebruary 13, 2024January 22, 2025

This manual addresses the modifications in down payment and self-sufficiency for multi-family properties designated as owner-occupant primary residences by the…

Continue Reading UPDATED 2-to-4 Unit Fannie Mae Multi-Family MortgageContinue

Best Mississippi FHA Lenders For Bad Credit With No Overlays
Bad Credit Mortgages

Best Mississippi FHA Lenders For Bad Credit With No Overlays

ByAlex Carlucci Posted onFebruary 9, 2024August 5, 2024

Mississippi has one of the hottest housing markets in the nation. The housing market in the state has been booming for many years.

Continue Reading Best Mississippi FHA Lenders For Bad Credit With No OverlaysContinue

FHA Appraisal Transfer
Appraisal | FHA Loans | video

FHA Appraisal Transfer To A New Mortgage Lender

ByAlex Carlucci Posted onFebruary 6, 2024August 5, 2024

In this blog, we will discuss and cover the FHA appraisal transfer from your old lender to a new mortgage…

Continue Reading FHA Appraisal Transfer To A New Mortgage LenderContinue

Two-Year Work History Mortgage Guidelines
Income And Employment

Two-Year Work History Mortgage Guidelines | Employment Gaps

ByAlex Carlucci Posted onFebruary 5, 2024February 27, 2025

This blog post delves into the crucial aspects of the Two-Year Work History Mortgage Guidelines. It explores the significance of…

Continue Reading Two-Year Work History Mortgage Guidelines | Employment GapsContinue

Credit Tradelines Requirements
Re-Establishing Credit | Videos

Credit Tradelines Requirements To Qualify For Mortgage Loans

ByAlex Carlucci Posted onFebruary 5, 2024August 21, 2025

In this article, we will delve into the credit tradelines requirements essential for mortgage loan application eligibility. The credit tradelines…

Continue Reading Credit Tradelines Requirements To Qualify For Mortgage LoansContinue

Low Appraisal on Home Purchase
Appraisal | Home Purchase | Real Estate Topic | Videos

Low Appraisal on Home Purchase and Solutions For Borrowers

ByAlex Carlucci Posted onFebruary 5, 2024August 5, 2024

This guide covers low appraisal on home purchase and solutions for mortgage borrowers. We will discuss solutions to low appraisal…

Continue Reading Low Appraisal on Home Purchase and Solutions For BorrowersContinue

Gift Of Equity On Home Purchase
Home Purchase | Gift of Equity | Videos

Gift of Equity on Home Purchase Mortgage Guidelines

ByAlex Carlucci Posted onFebruary 5, 2024August 5, 2024

In this blog, we will cover and discuss the gift of equity on home purchase mortgage guidelines. Many people want…

Continue Reading Gift of Equity on Home Purchase Mortgage GuidelinesContinue

Moving To Another Owner-Occupied Home
Home Mortgages | Videos

Moving To Another Owner-Occupied Home Without Selling

ByAlex Carlucci Posted onFebruary 2, 2024April 28, 2025

In this blog, we will cover and discuss buying and moving to another owner-occupied home without selling their first home….

Continue Reading Moving To Another Owner-Occupied Home Without SellingContinue

Fannie Mae-Freddie Mac Charge-Off Guidelines
Videos | Charge Off Accounts

Fannie Mae-Freddie Mac Charge-Off Guidelines On Conventional Loans

ByAlex Carlucci Posted onJanuary 29, 2024April 9, 2025

This blog post will explore the Fannie Mae-Freddie Mac charge-off guidelines applicable to conventional loans. Gustan Cho Associates has recently…

Continue Reading Fannie Mae-Freddie Mac Charge-Off Guidelines On Conventional LoansContinue

Non-QM Down Payment Guidelines On Home Purchase
Home Purchase | Mortgage Processing And Underwriting | NON-QM Loans | Real Estate Topic | Videos

Non-QM Down Payment Guidelines on Home Purchase

ByAlex Carlucci Posted onJanuary 22, 2024June 14, 2024

This guide covers non-QM down payment guidelines on home purchase. Non-QM down payment guidelines on home purchase for homebuyers on…

Continue Reading Non-QM Down Payment Guidelines on Home PurchaseContinue

Bankruptcy Dismissal
Mortgage After Bankruptcy and Foreclosure | Videos

Mortgage Waiting Period Guidelines After Bankruptcy Dismissal

ByAlex Carlucci Posted onJanuary 21, 2024July 29, 2024

In this article, we will cover and discuss when you can get a mortgage approval after bankruptcy dismissal. There are…

Continue Reading Mortgage Waiting Period Guidelines After Bankruptcy DismissalContinue

VA Refer-Eligible Findings Versus AUS Approval Guidelines
Automated Underwriting System | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | VA Loans | Videos

VA Refer-Eligible Findings Versus AUS Approval Guidelines

ByAlex Carlucci Posted onJanuary 20, 2024October 8, 2024

In this blog, we will discuss and cover VA refer-eligible findings versus AUS approval guidelines. The United States Department of…

Continue Reading VA Refer-Eligible Findings Versus AUS Approval GuidelinesContinue

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About Us

Gustan Cho Associates are Mortgage Advisor licensed in 48 states including Washington DC, Puerto Rico, and the U.S Virgin Islands (Not licensed in NY and MA). The team at Gustan Cho Associates has a national reputation of being able to do mortgage loans other mortgage companies cannot do. Gustan Cho Associates dba of NEXA Mortgage has a lending partnerships with over 190 wholesale mortgage lenders with dozens of no overlay lending partners on government and conventional loans and countless non-QM and alternative lending partners. Over 80% of our clients are borrowers who could not qualify at other mortgage companies either due to a last-minute mortgage loan denial due to lender overlays or because the lender did not have the mortgage loan program suited for the borrower. At Gustan Cho Associates, we only market mortgage loan products that exists and are possible.

Recent Articles

  • HUD guidelines on student loans
    HUD Guidelines on Student Loans vs Other Mortgage ProgramsOctober 3, 2025
  • FHA Streamline Refinance California
    FHA Streamline Refinance California With Bad CreditOctober 2, 2025
  • Building Credit With Timely Housing Payments
    Building Credit With Timely Housing PaymentsOctober 2, 2025
  • Manual Underwriting DTI Guidelines
    Manual Underwriting DTI Guidelines for FHA and VA LoansOctober 2, 2025

DTI Calculators

  • FHA DTI Calculator
  • VA DTI Calculator
  • Conventional DTI Calculator
  • Jumbo DTI Calculator
  • FHA Loan Limits
  • Conforming Loan Limit Change – See If You Qualify

Subsidiary Sites

  • Gustan Cho Associates Mortgage Advisor
  • GCA Mortgage Group
  • GCA Forum

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Resources

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  • FICO Simulator
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  • DTI Mortgage Calculator
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  • How To Increase FICO Scores For a Mortgage
  • How To Reach A Human At The Credit Bureaus
  • Remove Credit Disputes
  • Contribute To GCA Mortgage Group
  • GCA Approves When Others Can’t
  • Mortgage Guides and Home Loan Options
  • How To Un-Freeze a Credit File?
Equal Housing Opportunity Lender Gustan Cho Associates empowered by NEXA Mortgage LLC. NMLS# 1660690,
Corporate Address: 5559 S Sossaman Rd | Bldg 1 #101, Mesa, AZ 85212 Company NMLS 1660690, Gustan Cho NMLS #873293 Company State License #: AZMB - 0944059, Branch: 17W662 Butterfield Road Suite 305 Oakbrook Terrace, Illinois 60181 Branch NMLS 2315275 AXEN is a dba of NEXA Mortgage LLC
DISCLAIMER: The author(s) contributing content to this site, accept no liability or responsibility for errors, omissions or changes in market conditions that may impact the readers' conclusions drawn or assumptions related to the content of this site. The copywritten© information contained on this site is provided on an "as is" basis, at the time of publication, without guarantees of timeliness, thoroughness, accuracy, or usefulness to the consumer. The content on this site does not constitute financial or professional advice of any kind, and readers are encouraged to consult their own professional advisors for professional advice.
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CALL NOW
  • About Us
    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan Limits
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner Network
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of Mortgages
    • Purchase
      • Home Purchase Loans
      • Investment Property Loan
    • Refinance
      • Refinance Mortgage Options
      • Chapter 13 Bankruptcy Cash-Out-Buyout
      • FHA Streamline Refinance
      • VA Streamline Refinance
      • Refinancing NON-QM Loans Into Conventional Mortgages
      • Refinance FHA To Conventional Loans
    • FHA Home Loans
      • FHA Manual Underwriting
      • FHA Chapter 13 Bankruptcy Guidelines
      • FHA Loans For Bad Credit
      • FHA Collections
      • FHA Loans Charged Off Accounts
      • W-2 Income Only FHA Loans
      • FHA Loans With Tax Lien
      • FHA Loan With Judgment
    • VA Home Loans
      • VA Manual Underwriting
      • VA Chapter 13 Bankruptcy Guidelines
      • VA Loans For Low Credit Scores
      • VA Loans With Charged-Off Accounts
      • W-2 Income Only VA Loans
      • VA Loan with Judgment
    • USDA Loans
    • DACA Mortgage Loans
    • Conventional Loans
      • Conventional Loans W-2 Income ONLY Mortgages
      • Conventional Loans After Foreclosure
      • Conventional Loans After Bankruptcy
      • Conventional Loan With Bad Credit Scores
    • Condotel Financing
    • NON-QM Loans
      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
      • Foreign Nationals
      • ITIN Mortgage Loans
      • No-Doc Loans
    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
    • Commercial Loans
  • Careers
    • Can Realtors Be MLOs At The Same Time
    • Career Opportunities
      • Training a New Mortgage Loan Officer Without Any Experience
      • MLO License School
    • Mortgage Branch Careers
    • Remote Mortgage Loan Officer Career Opportunities
    • How Do I Become A Mortgage Loan Officer
    • MLO Revenue Share Residual Income Opportunity
  • Videos
  • Blogs
    • Headline News Archives
  • Testimonials
  • Talk To A Loan Officer
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