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How Mortgage Underwriters View Negative Credit History
Mortgage Processing And Underwriting

How Mortgage Underwriters View Negative Credit History

ByGustan Cho Posted onSeptember 14, 2021October 8, 2024

This Article Is About How Mortgage Underwriters View Negative Credit History Mortgage Borrowers can qualify for mortgage loans with prior…

Continue Reading How Mortgage Underwriters View Negative Credit HistoryContinue

Bad Credit Mortgage Loans With Collections
Bad Credit Mortgages

Lenders for Bad Credit Mortgage Loans With Collections

ByGustan Cho Posted onSeptember 13, 2021July 22, 2024

In this article, we will discuss and cover bad credit mortgage loans with collections guidelines for 2022. A substantial percentage…

Continue Reading Lenders for Bad Credit Mortgage Loans With CollectionsContinue

Things To Do After Home Closing
Bad Credit Mortgages

Things To Do After Home Closing For New Homeowners

ByGustan Cho Posted onSeptember 13, 2021July 22, 2024

This article is about Things To Do After Home Closing For New Homeowners.  There are many Things To Do After…

Continue Reading Things To Do After Home Closing For New HomeownersContinue

Mortgage Pre-Approval
Mortgage Processing And Underwriting

What Is A Mortgage Pre-Approval And How Is It Issued

ByGustan Cho Posted onSeptember 12, 2021October 8, 2024

This Article Is About What Is A Mortgage Pre-Approval And How Is It Issued What Is A Mortgage Pre-Approval And…

Continue Reading What Is A Mortgage Pre-Approval And How Is It IssuedContinue

Conventional Loans After Chapter 13 Versus Chapter 7 Bankruptcy (1)
Conventional Loans | Videos

Conventional Loans After Chapter 13 Versus Chapter 7 Bankruptcy

ByGustan Cho Posted onSeptember 11, 2021March 11, 2025

What Are The Waiting Period Requirements On Conventional Versus FHA Loans On Chapter 13 Bankruptcy? There is no waiting period requirements after Chapter 13 Bankruptcy discharged date on FHA loans but Conventional loans require a two-year waiting period.

Continue Reading Conventional Loans After Chapter 13 Versus Chapter 7 BankruptcyContinue

Credit Card Balances Impacts Credit Scores To Qualify For FHA Loans (1)
Home Mortgages

Credit Card Balances Impacts Credit Scores To Qualify For FHA Loans

ByGustan Cho Posted onSeptember 4, 2021February 19, 2024

This ARTICLE Is About Credit Card Balances Impacts Credit Scores High credit card balances impact credit scores to qualify for…

Continue Reading Credit Card Balances Impacts Credit Scores To Qualify For FHA LoansContinue

Buying Home Without Solid Pre-Approval
Mortgage Processing And Underwriting

Buying Home Without Solid Pre-Approval And AUS Findings

ByGustan Cho Posted onAugust 31, 2021October 8, 2024

This Article Is About Buying Home Without Solid Pre-Approval And AUS Findings Buying Home Without Solid Pre-Approval and without Automated…

Continue Reading Buying Home Without Solid Pre-Approval And AUS FindingsContinue

Buy A Home If I Do Not Have The Down Payment
Videos

How To Buy A Home If I Do Not Have The Down Payment

ByGustan Cho Posted onAugust 31, 2021January 22, 2025

This Article Is About How To Buy A Home If I Do Not Have The Down Payment How To Buy…

Continue Reading How To Buy A Home If I Do Not Have The Down PaymentContinue

Steps In Buying A House And Getting Qualified For Mortgage
Home Purchase | Videos

Steps In Buying A House And Getting Qualified For Mortgage

ByGustan Cho Posted onAugust 30, 2021January 22, 2025

This Article Is About Steps In Buying A House And Getting Qualified For A Mortgage Buying a home can be…

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

Conventional loan with low credit scores
Conventional Loans | Videos

Myths And Truths About Conventional Loans Versus FHA Mortgages

ByGustan Cho Posted onAugust 28, 2021January 22, 2025

This Article Is About Myths And Truths About Conventional Loans Versus FHA Mortgages What do you believe is the most…

Continue Reading Myths And Truths About Conventional Loans Versus FHA MortgagesContinue

Conforming Down Payment Guidelines For Home Buyers
Home Purchase

Conforming Down Payment Guidelines For Home Buyers

ByGustan Cho Posted onAugust 28, 2021October 8, 2024

This Article Is About Conforming Down Payment Guidelines For Home Buyers Conventional Loans are called conforming loans because they need…

Continue Reading Conforming Down Payment Guidelines For Home BuyersContinue

Changes In Mortgage Lending And Guidelines And How It Affects Buyers
Home Mortgages

Changes In Mortgage Lending And Guidelines And How It Affects Buyers

ByGustan Cho Posted onAugust 25, 2021March 20, 2024

This Article Is About Changes In Mortgage Lending And Guidelines And How It Affects Buyers 2021 has come and is…

Continue Reading Changes In Mortgage Lending And Guidelines And How It Affects BuyersContinue

How Do Underwriters View Charge Off Accounts With Balances
Re-Establishing Credit

How Do Underwriters View Charge Off Accounts With Balances

ByGustan Cho Posted onAugust 24, 2021April 7, 2025

This Article Is About How Do Underwriters View Charge Off Accounts With Balances Home Buyers Can Now Qualify Mortgages With…

Continue Reading How Do Underwriters View Charge Off Accounts With BalancesContinue

Impact On Debt Versus Your Credit Scores
High Debt To Income Ratio

Debt Versus Credit Scores During Mortgage Qualification

ByGustan Cho Posted onAugust 23, 2021April 7, 2025

This Article Is About Debt Versus Credit Scores During Mortgage Qualification There is a negative impact on debt versus credit…

Continue Reading Debt Versus Credit Scores During Mortgage QualificationContinue

Jumbo Loans After Foreclosure With No Waiting Period Requirements
Jumbo Loans

Jumbo Loans After Foreclosure With No Waiting Period Requirements

ByGustan Cho Posted onAugust 18, 2021October 8, 2024

This ARTICLE Is About Jumbo Loans After Foreclosure With No Waiting Period Requirements The U.S. Housing Market is booming in…

Continue Reading Jumbo Loans After Foreclosure With No Waiting Period RequirementsContinue

FHA Automated Findings With Low Credit Scores And High DTI
Videos | Automated Underwriting System

FHA Automated Findings With Low Credit Scores And High DTI

ByGustan Cho Posted onAugust 17, 2021October 8, 2024

This Article Is About FHA Automated Findings With Low Credit Scores And High DTI  It will be much more difficult…

Continue Reading FHA Automated Findings With Low Credit Scores And High DTIContinue

DIY Tips for Homeowners on Home Improvements
Real Estate Topic

DIY Tips for Homeowners on Home Improvements

ByGustan Cho Posted onAugust 13, 2021October 8, 2024

This article covers DIY Tips For Homeowners On Home Improvements Good Morning world and happy Friday to all of you….

Continue Reading DIY Tips for Homeowners on Home ImprovementsContinue

Disputing Derogatory Credit During Mortgage Process
Mortgage Processing And Underwriting

Disputing Derogatory Credit During Mortgage Approval Process

ByGustan Cho Posted onAugust 12, 2021October 8, 2024

You cannot dispute derogatory credit tradelines during the mortgage process unless they are exempt from retraction. Any non-exempt credit disputes will suspend and halt the mortgage process.

Continue Reading Disputing Derogatory Credit During Mortgage Approval ProcessContinue

FHA Loan Credit
Mortgage Lender Overlays

FHA Loan Credit Guidelines Versus Lender Overlays

ByGustan Cho Posted onAugust 12, 2021October 9, 2024

This Article Is About FHA Loan Credit Guidelines Versus Lender Overlays The U.S. Department of Housing and Urban Development (HUD),…

Continue Reading FHA Loan Credit Guidelines Versus Lender OverlaysContinue

What Do Mortgage Lenders Want To See In A Borrower?
Home Mortgages

What Do Mortgage Lenders Want To See In A Borrower?

ByGustan Cho Posted onAugust 12, 2021October 8, 2024

This Article Is About What Do Mortgage Lenders Want To See In A Borrower The number one concern lenders have…

Continue Reading What Do Mortgage Lenders Want To See In A Borrower?Continue

Condo Versus Home Purchase
Condominium Loans

Condo Versus Home Purchase Mortgage Guidelines

ByGustan Cho Posted onAugust 9, 2021October 8, 2024

Condos are becoming very popular for millennials, young busy professionals, and the elderly. However, lending standards are tougher on condos versus single-family homes.

Continue Reading Condo Versus Home Purchase Mortgage GuidelinesContinue

How To Prevent Mortgage Default With Loss Of Employment
Home Purchase

How To Prevent Mortgage Default With Loss Of Employment

ByGustan Cho Posted onAugust 9, 2021October 9, 2024

This Article Is About How To Prevent Mortgage Default With Loss Of Employment Mortgage lenders will work with homeowners who…

Continue Reading How To Prevent Mortgage Default With Loss Of EmploymentContinue

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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

  • Refinancing NON-QM Loans
    Refinancing NON-QM Loans To Traditional MortgagesJuly 1, 2025
  • Funds required for first-time home buyer on a home purchase
    Funds Required For First-Time Home Buyer on a PurchaseJuly 1, 2025
  • Understanding VA Mortgage Rates
    Understanding VA Mortgage Rates And LLPAJuly 1, 2025
  • Clear-to-Close on FHA Loans
    What Does a Clear-to-Close on FHA Loans Mean?July 1, 2025

DTI Calculators

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Resources

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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 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
      • No SSN? ITIN Mortgage Loans Can Help You Own a Home
      • 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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