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Gustan Cho Associates
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      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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      • Bank Statement Loans
      • DSCR Loans
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    • Jumbo Mortgage
    • FHA 203K Loans
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Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

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How to Cancel PMI
Mortgage Insurance | Videos

How To Cancel PMI on Conventional Loans For Homeowners

ByGustan Cho Posted onOctober 14, 2025October 14, 2025

How to Cancel PMI on Conventional Loans in 2025: Step-by-Step Guide to Save Money Private Mortgage Insurance (PMI) is one…

Continue Reading How To Cancel PMI on Conventional Loans For HomeownersContinue

Steps in Buying a House
Home Purchase | Videos

Steps In Buying A House And Getting Qualified For Mortgage

ByGustan Cho Posted onOctober 14, 2025October 14, 2025

If you’ve been dreaming of owning a home, learning the exact steps in buying a house is the key to…

Continue Reading Steps In Buying A House And Getting Qualified For MortgageContinue

HUD FHA 203h Mortgage Guidelines
FHA Loans

HUD FHA 203h Mortgage Guidelines For Disaster Victims

ByGustan Cho Posted onOctober 13, 2025October 13, 2025

HUD FHA 203h Mortgage Guidelines for Disaster Victims in 2025: Helping Families Rebuild After Natural Disasters with Zero Down Payment…

Continue Reading HUD FHA 203h Mortgage Guidelines For Disaster VictimsContinue

FHA Bankruptcy Waiting Period
Mortgage After Bankruptcy and Foreclosure

FHA Bankruptcy Waiting Period and Mortgage Guidelines

ByGustan Cho Posted onOctober 13, 2025October 14, 2025

Understanding the FHA Bankruptcy Waiting Period The FHA Bankruptcy Waiting Period determines how long a borrower must wait after filing…

Continue Reading FHA Bankruptcy Waiting Period and Mortgage GuidelinesContinue

Preparing for a Mortgage in Illinois
Home Purchase | Mortgage Processing And Underwriting | Property Taxes | Real Estate Topic | Videos

Ready to Buy? Start Preparing for a Mortgage in Illinois Now

ByGustan Cho Posted onOctober 13, 2025October 13, 2025

Preparing for a Mortgage in Illinois: Step-by-Step Guide for Homebuyers Buying a home is one of the biggest financial decisions…

Continue Reading Ready to Buy? Start Preparing for a Mortgage in Illinois NowContinue

How Credit Repair Affects the Mortgage Process
Automated Underwriting System | Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Videos

How Credit Repair Affects the Mortgage Process Explained

ByGustan Cho Posted onOctober 10, 2025October 13, 2025

How Credit Repair Affects the Mortgage Process: What Borrowers Need to Know Buying a home is one of the most…

Continue Reading How Credit Repair Affects the Mortgage Process ExplainedContinue

FHA Loan Denied for Low Credit Scores in Ohio
Bad Credit Mortgages | FHA Loans | Videos

FHA Loan Denied For Low Credit Scores in Ohio | AUS Approval

ByGustan Cho Posted onOctober 9, 2025October 9, 2025

FHA Loan Denied for Low Credit Scores in Ohio: Why It Happens and How to Get Approved If your FHA…

Continue Reading FHA Loan Denied For Low Credit Scores in Ohio | AUS ApprovalContinue

21-Day Fast Track TBD Loan Program
Mortgage Processing And Underwriting

21 Day FAST Track TBD Loan Program On Home Loans

ByGustan Cho Posted onOctober 9, 2025October 9, 2025

21 Day Fast Track TBD Loan Program: The Fastest Way to Close Your Mortgage Buying a home shouldn’t take months….

Continue Reading 21 Day FAST Track TBD Loan Program On Home LoansContinue

Benefits of Refinance Mortgage
Mortgage Refinance | Refinancing | Videos

What Are The Benefits of Refinance Mortgage

ByGustan Cho Posted onOctober 9, 2025October 9, 2025

This guide covers the benefits of refinance mortgage loans. There are many benefits of refinance mortgage. Although the Federal Reserve…

Continue Reading What Are The Benefits of Refinance MortgageContinue

Mortgage After Short Sale Waiting Period
Mortgage After Bankruptcy and Foreclosure

Rebuild and Rise: Mortgage After Short Sale Waiting Period

ByGustan Cho Posted onOctober 9, 2025October 9, 2025

Mortgage After Short Sale Waiting Period: How Soon Can You Repurchase a Home? If you went through a short sale…

Continue Reading Rebuild and Rise: Mortgage After Short Sale Waiting PeriodContinue

Fast Pre-Approval Home Mortgage
Videos

Fast Pre-Approval Home Mortgage

ByGustan Cho Posted onOctober 8, 2025October 9, 2025

In this blog, we will discuss and cover if you can getfast pre-approval home mortgage in one hour. The qualification…

Continue Reading Fast Pre-Approval Home MortgageContinue

HUD guidelines on student loans
Student Loans | Conventional Loans | FHA Loans | Mortgage Processing And Underwriting | Videos

HUD Guidelines on Student Loans vs Other Mortgage Programs

ByGustan Cho Posted onOctober 3, 2025October 3, 2025

This blog will discuss and cover HUD guidelines on student loans vs other mortgage programs.  HUD, the Department of Housing…

Continue Reading HUD Guidelines on Student Loans vs Other Mortgage ProgramsContinue

FHA Streamline Refinance California
Mortgage Refinance | FHA and VA Streamline Refinance | Refinancing | Videos

FHA Streamline Refinance California With Bad Credit

ByGustan Cho Posted onOctober 2, 2025October 3, 2025

FHA Streamline Refinance California is a fast-track refinance mortgage loan program for California homeowners with a current FHA loan. They…

Continue Reading FHA Streamline Refinance California With Bad CreditContinue

FAQ on VA Loans
VA Loans | Videos

FAQ on VA Loans on Eligibility and Mortgage Options

ByGustan Cho Posted onOctober 2, 2025October 3, 2025

This blog will cover the FAQ on VA loans, eligibility requirements, and VA mortgage loan options for first-time homebuyers. There…

Continue Reading FAQ on VA Loans on Eligibility and Mortgage OptionsContinue

Green Mortgage
Home Improvement/Renovations | Home Mortgages | Home Purchase

Green Mortgage: A Guide to Energy-Efficient Home Financing

ByGustan Cho Posted onOctober 1, 2025October 2, 2025

Why Green Mortgages Matter in 2025 Are you looking for a way to lower your bills and make your home…

Continue Reading Green Mortgage: A Guide to Energy-Efficient Home FinancingContinue

Changes in Mortgage Lending
Home Mortgages

Changes In Mortgage Lending and How It Affects Buyers

ByGustan Cho Posted onOctober 1, 2025October 2, 2025

Mortgage rules change all the time, and 2025 will be no different. There are increases in loan limits, easier student…

Continue Reading Changes In Mortgage Lending and How It Affects BuyersContinue

What Lenders Look for in Bank Statements
Videos | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved

What Lenders Look for in Bank Statements Before Saying Yes

ByGustan Cho Posted onSeptember 30, 2025October 1, 2025

What Lenders Look for in Bank Statements: 2025 Guide for Mortgage Approval Getting a mortgage can be stressful, especially when…

Continue Reading What Lenders Look for in Bank Statements Before Saying YesContinue

Charge-Off Accounts With Balances
Re-Establishing Credit

Yes! Mortgage With Charge-Off Balances Is Still Possible

ByGustan Cho Posted onSeptember 29, 2025October 1, 2025

The Truth About Getting a Mortgage With Charge-Off Balances If you’re worried about buying a home because your credit report…

Continue Reading Yes! Mortgage With Charge-Off Balances Is Still PossibleContinue

When Rent When You Can Own a Home
FHA Loans | First Time Home Buyers | Home Mortgages | Home Purchase | Real Estate Topic | Videos

Why Rent When You Can Own a Home With DPA

ByGustan Cho Posted onSeptember 29, 2025October 1, 2025

Introduction: Why Rent When You Can Own a Home? Renters across the U.S. ask the same question in 2025: Why…

Continue Reading Why Rent When You Can Own a Home With DPAContinue

Non-QM vs Back to Work Loans
Headline News Archives

NON-QM vs Back to Work Loans

ByGustan Cho Posted onSeptember 26, 2025September 29, 2025

This guide covers non-QM vs back-to-work loans. Many non-QM lenders are willing to extend credit much sooner than it takes…

Continue Reading NON-QM vs Back to Work LoansContinue

Reserve Requirements on a Home Loan
Home Mortgages

Reserve Requirements on a Home Loan By Mortgage Lenders

ByGustan Cho Posted onSeptember 26, 2025September 29, 2025

Quick Take: 2025 Mortgage Reserve Requirements FHA: 0–1 month (manual = 1, multi-unit = 3–6) VA: 0 months (manual =…

Continue Reading Reserve Requirements on a Home Loan By Mortgage LendersContinue

FHA Loan Guidelines Alabama For Homebuyers
FHA Loans

FHA Loan Guidelines Alabama

ByGustan Cho Posted onSeptember 24, 2025September 25, 2025

This guide covers the FHA loan guidelines Alabama for homebuyers and homeowners. Due to the lenient FHA loan guidelines Alabama,…

Continue Reading FHA Loan Guidelines AlabamaContinue

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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

  • How Do Principal Payments Work On Home Mortgages
    How Do Principal Payments Work On Home MortgagesOctober 14, 2025
  • Investment Home Mortgage Loans
    Traditional and Non-Prime Investment Home Mortgage LoansOctober 14, 2025
  • Manual Underwriting DTI Guidelines
    Manual Underwriting DTI Guidelines for FHA and VA LoansOctober 14, 2025
  • How to Cancel PMI
    How To Cancel PMI on Conventional Loans For HomeownersOctober 14, 2025

DTI Calculators

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Resources

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  • GCA Approves When Others Can’t
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  • How to Lift a Security Freeze on Your Credit Report
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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