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Debt-to-Income Ratio Limit
Mortgage Lender Overlays | Videos

DTI Overlays Required By Lenders on Home Loans

ByGustan Cho Posted onDecember 4, 2023June 28, 2024

This guide covers the DTI overlays lenders require on government and conventional loans. DTI overlays are imposed on home mortgage…

Continue Reading DTI Overlays Required By Lenders on Home LoansContinue

Mortgage Approval With Bad Credit and Late Payments
Bad Credit Mortgages | Mortgage Lender Overlays | Videos

Mortgage Approval With Bad Credit and Late Payments

ByGustan Cho Posted onDecember 4, 2023July 26, 2024

This guide covers mortgage approval with bad credit and late payments. Many consumers have had a period in their lives….

Continue Reading Mortgage Approval With Bad Credit and Late PaymentsContinue

Credit Scores Required For FHA and VA Loans
Bad Credit Mortgages | Credit Scores | FHA Loans | VA Loans | Videos

Credit Scores Required For FHA and VA Loans

ByGustan Cho Posted onDecember 4, 2023July 26, 2024

This guide covers the credit scores required for FHA and VA loans. Many borrowers are confused about the credit scores…

Continue Reading Credit Scores Required For FHA and VA LoansContinue

Verified Funds For Home Closing
Mortgage Processing And Underwriting | Clear To Close | Videos

Verified Funds For Home Closing Prior To Clear-To-Close

ByGustan Cho Posted onDecember 4, 2023July 26, 2024

This guide covers verified funds for home closing before clear-to-close. Failure to provide verified funds for home closing before clear-to-close…

Continue Reading Verified Funds For Home Closing Prior To Clear-To-CloseContinue

Recovery of Housing Market
Home Mortgages | Real Estate Topic | Videos

Recovery of Housing Market and Mortgage Guidelines

ByGustan Cho Posted onDecember 3, 2023July 26, 2024

This guide covers the recovery of housing market and updates new mortgage guidelines and loan programs. Many of us remember…

Continue Reading Recovery of Housing Market and Mortgage GuidelinesContinue

Best Time To Purchase a Home For First-Time Homebuyers
Home Purchase | Real Estate Topic | Videos

Best Time To Purchase a Home For First-Time Homebuyers

ByGustan Cho Posted onDecember 1, 2023February 20, 2024

This guide covers the best time to purchase a home for first-time homebuyers. Many homebuyers ask when is the best…

Continue Reading Best Time To Purchase a Home For First-Time HomebuyersContinue

Calculating Monthly Mortgage Payment On Home Purchase
Home Mortgages | High Debt To Income Ratio | Income And Employment | Videos

Calculating Monthly Mortgage Payment on Home Purchase

ByGustan Cho Posted onNovember 30, 2023July 26, 2024

This guide covers calculating monthly mortgage payment on a home purchase. Many first-time homebuyers think they need a lot of…

Continue Reading Calculating Monthly Mortgage Payment on Home PurchaseContinue

Home Loan Programs After Bankruptcy And Foreclosure
NON-QM Loans

Home Loan Programs after Bankruptcy and Foreclosure

ByGustan Cho Posted onNovember 30, 2023March 20, 2024

This guide covers home loan programs after bankruptcy and foreclosure. There are various home loan programs after bankruptcy and foreclosure….

Continue Reading Home Loan Programs after Bankruptcy and ForeclosureContinue

When Things Go Wrong During The Mortgage Process
Mortgage Processing And Underwriting | Videos

When Things Go Wrong During The Mortgage Process

ByGustan Cho Posted onNovember 27, 2023July 26, 2024

This guide covers solutions for when things go wrong during the mortgage process. The mortgage process can be very stressful….

Continue Reading When Things Go Wrong During The Mortgage ProcessContinue

Steps of the Home Mortgage Process
Clear To Close | Mortgage Processing And Underwriting | Videos

Steps of the Home Mortgage Process

ByGustan Cho Posted onNovember 19, 2023July 26, 2024

This guide details the steps of the home mortgage process, from pre-approval to closing. Taking the proper steps of the…

Continue Reading Steps of the Home Mortgage ProcessContinue

Getting More House For Your Money
Videos | Credit Scores | Home Purchase | Mortgage Rates | Property Taxes

Getting More House For Your Money With Low Property Taxes

ByGustan Cho Posted onNovember 11, 2023July 26, 2024

This guide covers getting more house for your money with low property taxes.  Getting more house for your money is…

Continue Reading Getting More House For Your Money With Low Property TaxesContinue

How The VA Mortgage Process Work
Mortgage Processing And Underwriting | VA Loans | Videos

How The VA Mortgage Process Work For Homebuyers

ByGustan Cho Posted onNovember 4, 2023June 24, 2024

This guide covers how the VA mortgage process work for homebuyers. How the VA mortgage process work? VA loans are…

Continue Reading How The VA Mortgage Process Work For HomebuyersContinue

Home Loan After Multiple Foreclosures
Mortgage After Bankruptcy and Foreclosure | Videos

Home Loan After Multiple Foreclosures Mortgage Guidelines

ByGustan Cho Posted onOctober 31, 2023March 11, 2024

This guide covers qualifying for a home loan after multiple foreclosures. Homebuyers can qualify for a home loan after foreclosure….

Continue Reading Home Loan After Multiple Foreclosures Mortgage GuidelinesContinue

Buying a house after bankruptcy discharge date.
Mortgage After Bankruptcy and Foreclosure | Videos

Buying a House After Bankruptcy Discharged Date

ByGustan Cho Posted onOctober 30, 2023April 22, 2024

This guide covers buying a house after bankruptcy discharge date. Buying a house after bankruptcy is possible. Many homebuyers think…

Continue Reading Buying a House After Bankruptcy Discharged DateContinue

Mortgage Denial By Underwriter
Mortgage Processing And Underwriting | Conditional Loan Approval | Videos

The Next Steps After a Mortgage Denial By Underwriter

ByGustan Cho Posted onOctober 28, 2023July 26, 2024

This guide covers taking the next steps after getting a mortgage denial by underwriter. There should be no mortgage denial…

Continue Reading The Next Steps After a Mortgage Denial By UnderwriterContinue

How To Review Credit Report
Home Mortgages | Videos

How To Review Credit Report During The Mortgage Process

ByGustan Cho Posted onOctober 25, 2023February 6, 2024

This guide covers how to review credit report during the mortgage process.  We will be discussing how to review credit…

Continue Reading How To Review Credit Report During The Mortgage ProcessContinue

Paying Down Credit Card Balances
High Debt To Income Ratio | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

Paying Down Credit Card Balances To Boost Credit Scores

ByGustan Cho Posted onOctober 25, 2023December 18, 2023

This guide covers paying down credit card balances to boost credit scores and lower high debt-to-income ratios to qualify for…

Continue Reading Paying Down Credit Card Balances To Boost Credit ScoresContinue

Chicago Real Estate
Real Estate Topic | Home Purchase | Investment Homes | Videos

Investing In Chicago Real Estate

ByGustan Cho Posted onOctober 16, 2023July 26, 2024

This guide covers investing in Chicago real estate. Many homebuyers love the City of Chicago, where they would not consider…

Continue Reading Investing In Chicago Real EstateContinue

Home Equity
Bad Credit Mortgages

How Much Cash Access Can You Get With Home Equity

ByGustan Cho Posted onOctober 10, 2023June 11, 2024

In this blog, we will cover and explain home equity. Home values have skyrocketed over the past few years. Many…

Continue Reading How Much Cash Access Can You Get With Home EquityContinue

Home Repairs
Home Improvement/Renovations | Home Purchase | Videos

Home Repairs Every Homeowner Should Know About

ByGustan Cho Posted onSeptember 8, 2023December 18, 2023

This guide covers home repairs. We will thoroughly explain fixing common problems in your home. Your home is your sanctuary,…

Continue Reading Home Repairs Every Homeowner Should Know AboutContinue

Florida Homeowners Insurance
Home Mortgages | Home Purchase | Homeowners Insurance

The Crisis of Florida Homeowners Insurance

ByGustan Cho Posted onSeptember 6, 2023December 18, 2023

This guide covers the crisis in Florida homeowners insurance. Many insurance companies are getting out of the Florida homeowners insurance…

Continue Reading The Crisis of Florida Homeowners InsuranceContinue

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

What is a Green Mortgage

ByGustan Cho Posted onSeptember 2, 2023December 18, 2023

This guide covers what is a green mortgage and how it works. Are you looking for a way to make…

Continue Reading What is a Green MortgageContinue

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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

  • Hard Money Lenders
    Simple Truth: What Are Hard Money Lenders and How They HelpMay 5, 2025
  • Wholesale Mortgage Lenders for Non-Prime Loans
    Best Wholesale Mortgage Lenders For Non-Prime LoansMay 5, 2025
  • Qualifying for Mortgage with Irregular Income
    Qualifying For Mortgage With Irregular IncomeApril 30, 2025
  • Home Loan with Tax Lien
    Home Loan With Tax Lien And Judgment Mortgage GuidelinesApril 29, 2025

DTI Calculators

  • FHA DTI Calculator
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  • Conventional DTI Calculator
  • Jumbo DTI Calculator
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Subsidiary Sites

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Resources

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  • FICO Simulator
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  • Documents Required For Mortgage Process
  • 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: 3100 Ray Road Suite 201 Office # 209 | Chandler AZ 85226 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 Loans For Low Credit Scores
      • 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 Bad Credit
      • VA Loans For Low Credit Scores
      • VA Loans With Charged-Off Accounts
      • W-2 Income Only VA Loans
      • VA Loans with Tax Lien
      • VA Loan with Judgment
    • USDA Loans
    • How to Get DACA Mortgage Loans Without the Stress
    • Conventional Loans
      • Conventional Loans W-2 Income ONLY Mortgages
      • Conventional Loans After Foreclosure
      • Conventional Loans After Bankruptcy
      • Conventional Loan With Tax Lien
      • Conventional Loan With Judgment
    • 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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