Loan Officer Document Checklist To Start Mortgage Process
This guide covers the loan officer document checklist. This article on the Loan Officer Document Checklist is a series of…
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Can I Qualify For VA Loan With Under 620 Credit Scores
Gustan Cho Associates has no lender overlays on VA loans. VA loans do not have a minimum credit score requirement nor a maximum debt to income ratio cap as long as the borrower can get an approve/eligible per automated underwriting system.
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How Underwriters Qualify Income To Approve Mortgage Loans
This guide covers how underwriters qualify income to approve mortgage loans. Many mortgage loan applicants do not have the role…
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VA Property Tax Exemption Guidelines on VA Home Loans
This article will discuss the guidelines for VA property tax exemption related to VA home loans. The VA has created…
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Using Rapid Rescore in The Mortgage Process
This guide covers using rapid rescore in the mortgage process. What is a rapid rescore? It’s a service accessible only…
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Using Property Tax Prorations For Down Payment on a House
This blog post will explore the revised mortgage guidelines on Using Property Tax Prorations For Down Payment on a House….
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Extenuating Circumstances Guidelines on Home Loans
Many agency guidelines list extenuating circumstances as reasons for getting qualified for a mortgage when otherwise they would not qualify. However, borrowers need to understand
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Qualifying For a Mortgage Downsizing To a Smaller Home
This guide covers qualifying for a home loan downsizing to a smaller home. It makes no sense in having a…
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Bad Credit Mortgage Loans Alabama With 530 FICO
In this article, we will discuss and cover homebuyers qualifying for bad credit mortgage loans Alabama. Qualifying for bad credit…
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Can I Have Two FHA Loans Due To Expanding Family Size?
This guide addresses common inquiries regarding the possibility of maintaining two FHA loans due to expanding family size. Typically, individuals…
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Types of Homes Eligible With Residential Loans
This ARTICLE cover the types of homes eligible with residential loans. Government loans are for owner occupant one to four-unit…
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Modular Homes Mortgage Guidelines For Homebuyers
This guide covers modular homes mortgage guidelines on purchase and refinance transactions. Modular homes are becoming more and more popular…
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Income-Based Repayment Student Loan Mortgage Guidelines
This guide aims to understand Income-Based Repayment Student Loan Mortgage Guidelines clearly. The daunting task of outstanding student loans presents…
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Things That Can Delay Your Mortgage Loan Closing
This guide covers things that can delay your mortgage loan closing. A mortgage loan should be able to close in…
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Fannie Mae Chapter 13 Dismissal Guidelines
In this blog, we will cover the Fannie Mae Chapter 13 dismissal guidelines on conventional loans. One of the most…
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FHA MIP Versus Conventional PMI For Mortgage Borrowers
This guide covers FHA MIP versus conventional PMI for mortgage borrowers. Mortgage Insurance is mandatory on all FHA loans and…
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HUD Guidelines versus Lender Overlays on FHA Loans
This guide covers HUD guidelines versus lender overlays on FHA loans. There have been notable changes for HUD guidelines versus…
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Preparing For a VA Loan With a Lender With No Overlays
This guide covers preparing for a VA loan with a lender with no overlays. Preparing for a VA loan with…
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Self-Employed Mortgage With One-Year Tax Returns
Self-employed borrowers are now eligible to get an approve/eligible per automated underwriting system with one-year income tax returns.
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Benefits of Non-QM Loans and Non-Traditional Mortgages
This guide outlines the advantages of Non-QM loans and Non-Traditional Mortgages. Gustan Cho Associates serves as your reliable ally for…
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Getting Faster Mortgage Approvals and Closing on Time
Borrowers should not stress during the mortgage process. . There is no reason why there should be stress during the mortgage process.
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What is Net Tangible Benefits For Refinancing
This guide covers what is the definition of net tangible benefits for refinancing. When mortgage rates were at a 3-year…
