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Author: Mike Gracz

Home / Mike Gracz
Flood Insurance Mortgage Guidelines
Real Estate Topic

Flood Insurance Mortgage Guidelines for Homes in Flood Zones

ByMike Gracz Posted onMarch 26, 2025April 7, 2025

Flood Insurance Mortgage Guidelines: What Homebuyers Need to Know in 2025 Buying a home is a huge milestone, but what…

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Jumbo Versus High-Balance Mortgages in California
High-Balance Mortgage Loans | Jumbo Loans

Jumbo Versus High-Balance Mortgages in California

ByMike Gracz Posted onMarch 24, 2025March 25, 2025

Jumbo Versus High-Balance Mortgages in California: Everything You Need to Know in 2025 If you’re considering buying a home in…

Continue Reading Jumbo Versus High-Balance Mortgages in CaliforniaContinue

Pennsylvania HEMP Mortgage Guidelines
Bad Credit Mortgages

Pennsylvania HEMP Mortgage Guidelines

ByMike Gracz Posted onFebruary 20, 2025February 21, 2025

This guide covers Pennsylvania HEMP mortgage guidelines for farmers. Pennsylvania Hemp Mortgage Guidelines for HEMP Farmers. In the past, many…

Continue Reading Pennsylvania HEMP Mortgage GuidelinesContinue

Mortgage Guidelines 101
Bad Credit Mortgages

Mortgage Guidelines 101 For Borrowers & Loan Officers

ByMike Gracz Posted onJanuary 16, 2025January 19, 2025

Mortgage Guidelines 101: A Complete Guide for Borrowers and Loan Officers Welcome to Mortgage Guidelines 101, the ultimate guide for…

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Home Loans in Wyoming
Bad Credit Mortgages | Home Mortgages | Videos

Quick Start to Home Loans in Wyoming: Apply Today

ByMike Gracz Posted onJanuary 6, 2025April 7, 2025

Unlocking Home Loans in Wyoming with Poor Credit: A Comprehensive Guide Are you based in Wyoming and struggling to secure…

Continue Reading Quick Start to Home Loans in Wyoming: Apply TodayContinue

Conforming Loan Limits Versus NON-QM Loans
NON-QM Loans

Conforming Loan Limits Versus NON-QM Loans On Home Purchase

ByMike Gracz Posted onJanuary 3, 2025January 14, 2025

This BLOG On Conforming Loan Limits Versus NON-QM Loans On Home Purchase Was UPDATED On January 3rd, 2025. Understanding your…

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Insurance Claim
Mortgage Insurance

Insurance Claim By Policyholders Often Yields An Increase Of Premium

ByMike Gracz Posted onJanuary 3, 2025January 14, 2025

This BLOG On Insurance Claim By Policyholders Often Yields An Increase Of Premium Was UPDATED On January 3rd, 2025. Filing…

Continue Reading Insurance Claim By Policyholders Often Yields An Increase Of PremiumContinue

Smart Technology
Career Opportunities/Loan Officer Training

The Importance of Smart Technology in Mortgage Careers

ByMike Gracz Posted onDecember 28, 2024December 30, 2024

This guide covers the importance of smart technology in mortgage careers. Let’s first start with the definition of smart technology….

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What Is TRID
Regulations

What Is TRID and How It Affects the Mortgage Process

ByMike Gracz Posted onDecember 24, 2024December 26, 2024

This guide covers what is TRID and how TRID changed the mortgage industry. What Is TRID? Many consumers still ask…

Continue Reading What Is TRID and How It Affects the Mortgage ProcessContinue

One-Time Construction Loan Close
NON-QM Loans | One-Time Close Construction Loans

One-Time Construction Loan Close Mortgage Program

ByMike Gracz Posted onDecember 16, 2024May 13, 2025

The one-time construction loan close for new construction homes enables homebuyers to purchase land, build, and permanently finance a new home.

Continue Reading One-Time Construction Loan Close Mortgage ProgramContinue

HUD Forbearance Guidelines
Headline News Archives

HUD Forbearance Guidelines On FHA Loans: Things to Know

ByMike Gracz Posted onDecember 11, 2024December 16, 2024

HUD Forbearance Guidelines on FHA Loans: What Borrowers Need to Know in 2024 Are you struggling to make your mortgage…

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15 Day Mortgage Process
Mortgage Processing And Underwriting

15 Day Mortgage Process From Application to Closing

ByMike Gracz Posted onDecember 4, 2024December 6, 2024

How fast can you close a mortgage? Americans love instant gratification! Gustan Cho Associates has a fast-track, 15-day mortgage process.

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Refinancing Community Property States
Mortgage Refinance

Refinancing Community Property States Mortgage Guidelines

ByMike Gracz Posted onDecember 2, 2024December 5, 2024

What Are Refinancing Community Property States Mortgage Guidelines? Refinancing in community property states requires non-borrowers debts to be included on FHA loans. Conventional loans do not require non-borrowers debts to be included in the debt to income ratio calculations.

Continue Reading Refinancing Community Property States Mortgage GuidelinesContinue

Freddie Mac CHOICERenovation
Conventional Loans | Home Improvement/Renovations | HomeReady | One-Time Close Construction Loans | Videos

Freddie Mac CHOICERenovation Mortgage Guidelines

ByMike Gracz Posted onNovember 27, 2024May 13, 2025

Freddie Mac’s CHOICERenovation mortgage might be the best home improvement loan for larger renovation projects.  You can use a Freddie Mac CHOICERenovation home to purchase or refinance a home.

Continue Reading Freddie Mac CHOICERenovation Mortgage GuidelinesContinue

Freddie Mac GreenChoice
Conventional Loans

Freddie Mac GreenChoice Conventional Mortgage Loan Program

ByMike Gracz Posted onNovember 25, 2024May 14, 2025

Freddie Mac GreenChoice: Your Guide to Energy-Efficient Homeownership in 2024 The home buying process is constantly evolving, and Freddie Mac…

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Eviction Moratorium
Bad Credit Mortgages

Eviction Moratorium: Is Your State Offering Protection?

ByMike Gracz Posted onNovember 19, 2024May 15, 2025

Eviction Moratorium Updates: What Renters and Homeowners Need to Know in 2024 The eviction moratorium became a lifeline for millions…

Continue Reading Eviction Moratorium: Is Your State Offering Protection?Continue

Boarder Income Mortgage Guidelines
Income And Employment | Conventional Loans | FHA Loans | HomeReady

Boarder Income Mortgage Guidelines You Need to Know Now

ByMike Gracz Posted onOctober 30, 2024May 19, 2025

Boarder Income Mortgage Guidelines for 2024: Boosting Your Income to Buy or Refinance a Home Are you wondering if the…

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VA Simultaneous Home Closings
VA Loans | Clear To Close

Fast Track Your Move with VA Simultaneous Home Closings

ByMike Gracz Posted onOctober 28, 2024May 19, 2025

VA Simultaneous Home Closings with No Overlays: 2024 Guide to Buying Your Next Home Are you considering buying a new…

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FHA Loans Louisiana
FHA Loans

FHA Loans Louisiana: Steps to Qualify with Bad Credit

ByMike Gracz Posted onJuly 29, 2024May 27, 2025

Exciting updates about the latest 2024 info on FHA loans in Louisiana! If you dream of owning a home here…

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Two VA Loans at The Same Time
Mortgage Refinance | VA Loans

Two VA Loans at The Same Time Mortgage Lending Guidelines

ByMike Gracz Posted onJune 19, 2024June 5, 2025

As most readers of our blogs know, Gustan Cho Associates are experts in VA mortgage lending. Our highly skilled team…

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VA Loans Texas
Mortgage Lender Overlays | VA Loans | Videos

VA Loans Texas: Mortgage Lender With No Overlays

ByMike Gracz Posted onJune 19, 2024June 5, 2025

This Article is about No Overlay Lender Offering VA Loans Texas. Texas is one of the fastest-growing states in the…

Continue Reading VA Loans Texas: Mortgage Lender With No OverlaysContinue

VA TBD Manual Underwriting
Manual Underwriting | Bankruptcy | VA Loans | Videos

VA TBD Manual Underwriting Guidelines On Pre-Approvals

ByMike Gracz Posted onJune 18, 2024June 6, 2025

This article is about VA TBD Manual Underwriting Mortgage Guidelines On Pre-Approvals VA TBD Manual Underwriting Mortgage Process. Gustan Cho…

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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

  • Hard Money Lenders
    Simple Truth: What Are Hard Money Lenders and How They HelpMay 5, 2025
  • Wholesale Mortgage Lenders for Non-Prime Loans
    Best Wholesale Mortgage Lenders For Non-Prime LoansMay 5, 2025
  • Qualifying for Mortgage with Irregular Income
    Qualifying For Mortgage With Irregular IncomeApril 30, 2025
  • Home Loan with Tax Lien
    Home Loan With Tax Lien And Judgment Mortgage GuidelinesApril 29, 2025

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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
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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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