Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
ByGustan Cho
Posted on
This ARTICLE On Housing Market Outlook After The Feds Cut Interest Rates Was PUBLISHED On August 7th, 2019 Housing prices have been increasing for the past three years due to inventory shortage. Despite record-high mortgage rates since the 2008 Great Recession in 2018, home pricing keeps rising The housing inventory shortage with added competition by home…
ByGustan Cho
Posted on
This ARTICLE On The Feds Rate Cut First Time Interest Rates Have Be Lowered In 10 Years Was PUBLISHED On July 31st, 2019 As expected, The Federal Reserve Board announced it has lowered its benchmark interest rate by 0.25%. The announcement by the Feds makes it the 5th time in the past 25 years where they changed from…
ByGustan Cho
Posted on
This BLOG On How Much Money Do I Need For A Home Purchase Was UPDATED On July 30th, 2019 One of the most common first time home buyer questions is How Much Money Do I Need For A Home Purchase. On all home purchase transactions, there are two types of funding a home buyer needs: The home…
ByGustan Cho
Posted on
This ARTICLE On The Best Canadian Cities For U.S. Citizens To Move Was PUBLISHED On July 25th, 2019 Have you been thinking about moving out of the country? For many U.S. citizens, Canada is the ideal place to be an expat. It’s an English-speaking country that allows residents to have a good lifestyle, find a…
ByGustan Cho
Posted on
This ARTICLE On Smart Ways To Pay Off Your Debt Was PUBLISHED ON July 18th, 2019 The obsession people have with living “the good life” creates problems. It tends to give people cause to go into debt. The truth is far too many people have become overly-reliant on credit cards to navigate their day-to-day lives….
ByGustan Cho
Posted on
This ARTICLE On The Cost Of College And How It Affects Qualifying For Mortgage Was PUBLISHED On July 18th, 2019 The Cost Of College: Be Prepared Parents!!! The cost of college education for parents can be overwhelming. The Cost of College has escalated throughout the years Many parents with children approaching college need to start thinking…
ByGustan Cho
Posted on
10 Steps To Manage Your Debt in 2019 For Consumers It can get very difficult for some people to handle their finances and pay off what they owe. Which is why they often fall into debt as they’re trying their best to make a living and survive as well. To break free from your debt…
ByGustan Cho
Posted on
This BLOG On Fannie Mae Down Payment Guidelines On Conventional Loans Was PUBLISHED On July 8th, 2019 There are Fannie Mae Down Payment Guidelines that home buyers need to follow when getting conventional loans. Down payments on home purchases are required Down payment on conventional loans is different for owner-occupied properties, multi-unit properties, second homes,…
ByGustan Cho
Posted on
This blog on Why Do Lenders Have Different Requirement On Credit Scores Was PUBLISHED On July 5th, 2019 Why Do Lenders Have Different Requirement On Credit Scores And Individual Lender’s Requirement On Credit Scores: There are mortgage lending guidelines on the minimum requirement on credit scores in order to qualify for a particular mortgage loan program…
ByGustan Cho
Posted on
This Article Is About Time To Refinance Due To Lowest Mortgage Interest Rates In 2 Years Most homeowners who closed on their mortgage loans last year in 2018 closed them at higher rates. Mortgage interest rates in 2018 were the highest since the 2008 Real Estate and Banking Meltdown Homeowners who have mortgage interest rates…
ByGustan Cho
Posted on
This Article Is About Authorized Credit Card User Benefits In Establishing Credit There are many home buyers who are qualified for a home mortgage but do not quite meet the minimum credit score requirements. Many have paid all of their bills in time for the past two years but have lower credit scores The key…
ByGustan Cho
Posted on
This Article Is About Real Estate Meltdown Of 2008 And How It Affected Non-QM Mortgages Until 2008, home values have been consistently appreciating year after year for 15 plus years. Nobody in the world ever thought that the real estate and credit markets would crash. Real Estate Investments was considered one of the safest investments…
ByGustan Cho
Posted on
This ARTICLE On Effective Ways To Finance Your Dream Condo Was PUBLISHED On May 27th, 2019 Acquiring a house or a condominium unit within the sprawling and bustling metropolitan area can be a young professional’s dream come true. Driving or commuting to and from work will no longer be a problem, especially if the location…
ByGustan Cho
Posted on
This Article Is About Borrowers Cost Out Of Pocket During The Mortgage Process There are two types of costs involved when buying a home: The down payment on the home purchase The closing costs on the home purchase transaction Down Payment And Closing Costs The down payment required depends on the type of mortgage program….
ByGustan Cho
Posted on
This ARTICLE On The Ultimate Guide To Houseplant Was PUBLISHED On May 24th, 2019 Whether you have the yard space or not, it’s nice to include plants inside your home. Indoor plants offer more than aesthetics to the space they’re in. Many indoor plants have major health benefits to consider. Maintaining healthy indoor plants can…
ByGustan Cho
Posted on
Understanding what your mortgage payment consists of is very important for homeowners. Most people do not pay in cash for their first home and get a mortgage loan. So it’s important to understand mortgage payment before buying a home. This article tells you what goes into a mortgage payment, how your mortgage payment reduces your…
ByGustan Cho
Posted on
This BLOG On Buying Home Cash And Refinancing Afterwards To Get Better Deal Was PUBLISHED On May 8th, 2019 It is no secret that home sellers tend to accept a cash offer by home buyers. Often times, sellers will give cash buyers a better deal than buyers with mortgage contingencies Home buyers with less and/or no…
ByGustan Cho
Posted on
This BLOG On Qualifying For Home Loan In Placer County California Was Written By Arlene DiSessa Of Gustan Cho Associates Mortgage News Why I Moved to Placer County: I previously lived in a small bedroom community in a rural underdeveloped area north of Sacramento. I can say we did not move there for the schools. They…
ByGustan Cho
Posted on
This BLOG On Delayed Financing Cash-Out Refinance Mortgage Guidelines Was UPDATED On May 5th, 2019 Home Buyers who purchase a home without financing and with cash and need to turn around to get a cash-out refinance mortgage, it is not as easy as they might think it is. Delayed Financing Cash-Out Refinance Mortgage Guidelines now applies. Prior…
ByGustan Cho
Posted on
This BLOG On How Credit Scores Impact DTI On FHA And Conventional Loans Was UPDATED On May 5th, 2019 A person’s credit score will determine whether or not the person can qualify for a certain mortgage loan program. For example, the minimum credit score needed to qualify for a conventional loan is 620 The minimum credit…
ByGustan Cho
Posted on
5 Must Know Facts On How To Appraise Your House Was Written By Staff Writer at Gustan Cho Associates A house appraisal is very important when selling your home, buying a new home through a mortgage loan, or refinancing an existing mortgage. Whether you’re a homeowner, seller or buyer, you need to understand how the…
CALL NOW