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    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
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      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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Author: Mike Gracz

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Community Property States
Home Mortgages | video

Community Property States Mortgage Guidelines On DTI

ByMike Gracz Posted onApril 12, 2024June 25, 2025

This article will tackle the Community Property States Mortgage Guidelines On DTI. Understanding marital property rights can be intricate, especially…

Continue Reading Community Property States Mortgage Guidelines On DTIContinue

DSCR Mortgage Loans
NON-QM Loans | Videos

DSCR Mortgage Loans: Debt-Service Cover Ratio

ByMike Gracz Posted onApril 12, 2024June 25, 2025

DSCR mortgage loans, debt-service coverage ratio mortgages, is a type of no-income verification mortgage loan program. There is no income…

Continue Reading DSCR Mortgage Loans: Debt-Service Cover RatioContinue

California FHA 203k Loans For Fixer-Upper Homes
FHA 203k Loan | Fix-and-Flip Mortgage Loans

California FHA 203k Loans For Fixer-Upper Homes

ByMike Gracz Posted onApril 9, 2024June 25, 2025

California FHA 203k Loans are a great home purchase acquisition and renovation loan program with a 3,5% down payment of…

Continue Reading California FHA 203k Loans For Fixer-Upper HomesContinue

Furnishing Your New Home Purchase
Home Improvement/Renovations | Home Mortgages | Home Purchase

Furnishing Your New Home Purchase Prior To Closing On Home Loan

ByMike Gracz Posted onApril 5, 2024June 25, 2025

Congrats on your new home purchase! We’ll guide you through the exciting process of Furnishing Your New Home Purchase Prior…

Continue Reading Furnishing Your New Home Purchase Prior To Closing On Home LoanContinue

Home Builders Steering Lenders
Home Purchase

Home Builders Steering Lenders Mortgage Guidelines

ByMike Gracz Posted onApril 4, 2024June 27, 2025

The practice of home builders steering lenders refers to the common industry practice of recommending or ” steering” homebuyers toward…

Continue Reading Home Builders Steering Lenders Mortgage GuidelinesContinue

Mortgage Lender Complaints and Bad Reviews
Career Opportunities/Loan Officer Training | Videos

Mortgage Lender Complaints and Bad Reviews by Borrowers

ByMike Gracz Posted onApril 4, 2024June 27, 2025

It’s important to note that Mortgage Lender Complaints and Bad Reviews submitted by borrowers do exist, but readers should understand…

Continue Reading Mortgage Lender Complaints and Bad Reviews by BorrowersContinue

Home Loan With Bad Credit Texas
Bad Credit Mortgages | Automated Underwriting System | FHA Loans | Manual Underwriting | VA Loans | video

How To Get Approved For Home Loan With Bad Credit Texas

ByMike Gracz Posted onApril 4, 2024April 22, 2025

This article explores the various mortgage options available to homebuyers seeking approval for a home loan with bad credit Texas….

Continue Reading How To Get Approved For Home Loan With Bad Credit TexasContinue

Refinance Mortgage When House Is Still Listed For Sale
Mortgage Refinance | Real Estate Topic | Refinancing | Videos

Refinance Mortgage When House Is Still Listed For Sale By Owners

ByMike Gracz Posted onApril 3, 2024July 29, 2025

In this article, we will discuss and cover Refinance Mortgage When House Is Still Listed For Sale By Owners. In…

Continue Reading Refinance Mortgage When House Is Still Listed For Sale By OwnersContinue

Acceptable Sources of Verifiable Funds for Closing
Clear To Close | Mortgage Processing And Underwriting | Proof of Funds | Videos

Acceptable Sources of Verifiable Funds for Closing

ByMike Gracz Posted onMarch 28, 2024July 7, 2025

In this blog, we will cover and discuss the acceptable sources of verifiable funds for closing. With the majority of…

Continue Reading Acceptable Sources of Verifiable Funds for ClosingContinue

How To Obtain A Mortgage Broker License
Career Opportunities/Loan Officer Training

How To Obtain A Mortgage Broker License In Multiple States

ByMike Gracz Posted onMarch 28, 2024July 9, 2025

This Article Is About How To Obtain A Mortgage Broker License In Multiple States Individuals who want to become mortgage…

Continue Reading How To Obtain A Mortgage Broker License In Multiple StatesContinue

NON-QM Loans After Bankruptcy
Bad Credit Mortgages | Bankruptcy | NON-QM Loans | Videos

NON-QM Loans After Bankruptcy With Bad Credit and Low FICO

ByMike Gracz Posted onMarch 28, 2024July 9, 2025

Non-QM loans after bankruptcy and foreclosure allow homebuyers to purchase a home with no waiting period after bankruptcy and/or a…

Continue Reading NON-QM Loans After Bankruptcy With Bad Credit and Low FICOContinue

Derogatory Credit
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts

Can I Buy a House With Derogatory Credit Tradelines

ByMike Gracz Posted onMarch 27, 2024July 29, 2025

Homebuyers can buy a house and qualify for a mortgage with derogatory credit. Borrowers do not need perfect credit to…

Continue Reading Can I Buy a House With Derogatory Credit TradelinesContinue

VA Manufactured Home Guidelines
VA Loans | Automated Underwriting System | Manufactured Homes | Videos

VA Manufactured Home Guidelines On VA Loans

ByMike Gracz Posted onMarch 25, 2024April 7, 2025

In this blog, we will discuss and cover VA manufactured home guidelines on VA loans. Gustan Cho Associates has invested…

Continue Reading VA Manufactured Home Guidelines On VA LoansContinue

Refinancing Land Contract Homes
Real Estate | Conventional Loans | Refinancing

Refinancing Land Contract Homes To Government Or Conventional Loans

ByMike Gracz Posted onMarch 20, 2024August 21, 2025

In this article, we will discuss and cover refinancing land contract homes to government or conventional loans. There are factors…

Continue Reading Refinancing Land Contract Homes To Government Or Conventional LoansContinue

Mortgage Payment Shock
Verification Of Rent

Mortgage Payment Shock Underwriting Guidelines

ByMike Gracz Posted onFebruary 23, 2024August 6, 2024

This article delves into the Mortgage Payment Shock Underwriting Guidelines and its underwriters’ assessment. Maintaining a payment that suits both…

Continue Reading Mortgage Payment Shock Underwriting GuidelinesContinue

Best Mortgage Options For Bad Credit in Oklahoma
Bad Credit Mortgages

Best Mortgage Options For Bad Credit in Oklahoma For 2024

ByMike Gracz Posted onFebruary 21, 2024February 7, 2025

This article will explore the Best Mortgage Options For Bad Credit in Oklahoma in 2024. Gustan Cho Associates can guide…

Continue Reading Best Mortgage Options For Bad Credit in Oklahoma For 2024Continue

Chapter 13 Trustee Mortgage Approval
Mortgage After Bankruptcy and Foreclosure | Videos

Chapter 13 Trustee Mortgage Approval During Bankruptcy

ByMike Gracz Posted onFebruary 14, 2024August 5, 2024

Homebuyers and homeowners can secure Chapter 13 Trustee Mortgage Approval under the Chapter 13 Bankruptcy repayment plan. FHA and/or VA…

Continue Reading Chapter 13 Trustee Mortgage Approval During BankruptcyContinue

FHA Loans With No Credit Scores
Home Mortgages | Videos

How To Get Approved For FHA Loans With No Credit Scores

ByMike Gracz Posted onFebruary 6, 2024April 18, 2025

Gustan Cho Associates are experts when analyzing consumer credit reports. Since we do not have lender overlays, we see all…

Continue Reading How To Get Approved For FHA Loans With No Credit ScoresContinue

Fannie Mae Rental Income Guidelines And Requirements
Videos

Fannie Mae Rental Income Guidelines And Requirements

ByMike Gracz Posted onJanuary 30, 2024February 22, 2024

This blog post will explore Fannie Mae rental income guidelines and lending requirements. We will focus on elucidating the latest…

Continue Reading Fannie Mae Rental Income Guidelines And RequirementsContinue

VA Guidelines on Seller Concessions
VA Loans

VA Guidelines on Seller Concessions To Cover Closing Costs

ByMike Gracz Posted onJanuary 18, 2024April 2, 2024

This guide covers VA guidelines on seller concessions to cover closing costs. VA loans is hands down the best mortgage…

Continue Reading VA Guidelines on Seller Concessions To Cover Closing CostsContinue

Moving to New Home
Home Purchase | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

Qualifying For a Home Mortgage Moving To New Home

ByMike Gracz Posted onJanuary 11, 2024January 12, 2024

This guide covers qualifying and getting approved for a home mortgage moving to new home. Moving to new home is…

Continue Reading Qualifying For a Home Mortgage Moving To New HomeContinue

How To Study For NMLS Exam And Pass
Career Opportunities/Loan Officer Training

How To Study For NMLS Exam And Pass It The First Time

ByMike Gracz Posted onJanuary 2, 2024July 26, 2024

Embarking on a career in mortgage lending is an exciting endeavor, but before you can fully dive into the industry,…

Continue Reading How To Study For NMLS Exam And Pass It The First TimeContinue

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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

  • Mortgage with High Student Loan Debt
    Qualifying for Mortgage with High Student Loan DebtsAugust 28, 2025
  • APR Versus Interest Rate
    APR Versus Interest Rate Quoted By Mortgage LendersAugust 28, 2025
  • Chenoa DPA EDGE Program
    Chenoa DPA EDGE Program: Powerful Aid for Home BuyersAugust 28, 2025
  • Apartment Building Loans
    Apartment Building Loans For Real Estate InvestorsAugust 27, 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
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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