Gustan Cho, The Mortgage Expert

Mortgage for First-Time Home Buyers with Bad Credit

ByGustan Cho Posted onMarch 17, 2023July 29, 2025

Borrowers with prior outstanding collections, charged-off accounts, and other bad credit can qualify for a mortgage without paying them off. The key to qualifying for a mortgage is not prior bad credit but timely payments.

Home Mortgages | Credit Scores | FHA Loans | Videos

Credit Score Needed For Mortgage on Home Loans

ByGustan Cho Posted onFebruary 7, 2023July 24, 2024

This blog will cover the credit score needed for mortgage on home loans. We will cover the frequently asked question…

Underwriting Credit Guidelines During The Mortgage Process

Mortgage Processing And Underwriting | Videos

Underwriting Credit Guidelines During Mortgage Process

ByGustan Cho Posted onJanuary 29, 2023July 24, 2024

This article will cover underwriting credit guidelines during the mortgage process. Mortgage borrowers should not stress during the mortgage process….

Alternative Lending & NON-QM Mortgage Guidelines

Bank Statement Loans | Doctor and Medical Professional Mortgages | No-Ratio Mortgage Loans | NON-QM Loans | Videos

Alternative Lending Mortgage Options For Bad Credit

ByGustan Cho Posted onJanuary 25, 2023July 24, 2024

Thanks to alternative lending mortgage options, homebuyers who could not qualify for government and conventional loans can now qualify for…

Conventional Loans

Conventional Loan Guidelines For Mortgage Borrowers

ByGustan Cho Posted onJanuary 15, 2023February 13, 2025

This article will cover the conventional loan guidelines for mortgage borrowers on primary, second, and investment homes. Borrowers needing Conventional…

Bad Credit Mortgages | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

Lowest Credit Score Allowed For Mortgage Approvals

ByGustan Cho Posted onJanuary 9, 2023August 25, 2025

This guide covers what is the lowest credit score allowed for mortgage approvals. The team at Gustan Cho Associates gets…

Bad Credit Mortgages | Bank Statement Loans

Buying a Home in Alaska With Low FICO Scores and Poor Credit

ByGustan Cho Posted onJanuary 5, 2023July 23, 2024

This article will cover buying a home in Alaska with bad credit. Buying a home in Alaska with bad credit…

Re-Establishing Credit | Credit Scores | Mortgage Rates | Videos

The Correlation Between Credit Card Balance vs Credit Scores

ByGustan Cho Posted onDecember 9, 2022July 23, 2024

In this article, we will cover the correlation between credit card balance vs credit scores. There are mortgage guidelines on…

FHA Loans | Mortgage Lender Overlays | Videos

Overlays With FHA Loans By Mortgage Lenders

ByGustan Cho Posted onDecember 9, 2022September 23, 2024

This blog will cover overlays with FHA loans compared to HUD agency guidelines. FHA loans are the most popular home…

Using Secured Credit Cards To Raise Credit Scores

Re-Establishing Credit | Secured Credit Cards

Using Secured Credit Cards To Improve Scores For Mortgage

ByGustan Cho Posted onDecember 5, 2022August 22, 2025

The best and easiest way to rebuild and re-establish credit to qualify for a mortgage is using secured credit cards…

Career Opportunities/Loan Officer Training

Mastering a Job Interview For Mortgage Loan Officers

ByGustan Cho Posted onOctober 26, 2022July 29, 2025

In this blog, we will cover and discuss mastering a job interview for mortgage loan officers. In the job world…

FHA Loans

FHA Loan With Bad Credit Versus Late Payments

ByGustan Cho Posted onOctober 15, 2022July 23, 2024

There is a major difference in qualifying for an FHA Loan With Bad Credit Versus Late Payments. FHA loans are…

Videos | Home Purchase

Home Inspection on Purchase Versus a Real Estate Appraisal

ByGustan Cho Posted onAugust 17, 2022March 5, 2024

Home inspections are not required. Home Appraisals are required by lenders. However, a home inspection is highly recommended and worth the investment for homebuyers.