Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
ByMargarett Jurilla
Posted on
In this blog, we will cover and discuss the various mortgage options home buyers with bad credit have in qualifying and getting approved on a mortgage loan. We get countless daily calls from home buyers with bad credit asking for advice on the types of mortgage options they have in getting approved for a mortgage….
ByMargarett Jurilla
Posted on
In this blog, we will cover and answer the FAQ of can I buy house in Maine with 580 FICO with no active credit accounts. The short answer is yes. The best loan program for lower credit with no active credit tradelines is FHA loans. You can buy a house in Maine with 580 FICO…
ByMargarett Jurilla
Posted on
Most people don’t know that the VA does not limit the amount that you can borrow. The VA guarantee limits the amount that most lenders will allow with zero down, but with a down payment there are no VA loan limits.
ByMargarett Jurilla
Posted on
In this blog, we will cover and discuss the refinance waiting period mortgage lending guidelines on home mortgages. For homeowners who just closed their homes and who are thinking of refinancing their home loans, there are refinance waiting period requirements on mortgage loans. A home buyer cannot just close on their home loan one day…
ByMargarett Jurilla
Posted on
This guide covers the topic of no maximum VA loan limit cap on VA home loans. There are no maximum VA loan limit cap on VA loans. However, VA loans with loan limit higher than the conforming loan limit of $766,550 is called high-balance VA loans. Gustan Cho Associates is excited to pass on some…
ByMargarett Jurilla
Posted on
This blog is about overlays in underwriting on government and conventional loans. The mortgage industry went through a major overhaul after the subprime crisis. Mortgage companies have two different types of guidelines. Lenders must meet the minimum agency guidelines of HUD, VA, USDA, Fannie Mae, and Freddie Mae. Lenders not meeting the minimum agency guidelines…
ByMargarett Jurilla
Posted on
This blog post will discuss VA loans with no credit scores in detail and examine the DTI (Debt-to-Income) requirements. VA loans stand out for their accommodating mortgage criteria compared to other loan programs. Despite their flexibility, it’s important to note that the Veterans Administration has taken a critical stance on recent late payments within the…
ByMargarett Jurilla
Posted on
This guide covers removing judgments off credit report to qualify for and get approved for a mortgage. Borrowers can qualify and get approved for a mortgage with judgments, and tax Liens are the worst derogatory items consumers can have on credit reports. Lenders will not just go off consumer credit reports but will also do…
CALL NOW