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Gustan Cho Associates
  • About UsExpand
    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner NetworkExpand
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of MortgagesExpand
    • PurchaseExpand
      • Home Purchase Loans
      • Investment Property Loan
    • RefinanceExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
      • Foreign Nationals
      • ITIN Mortgage Loans
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    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
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  • CareersExpand
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    • Career OpportunitiesExpand
      • Training a New Mortgage Loan Officer Without Any Experience
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Call or Text: (800) 900-8569

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Mortgage Versus Rent Payments And Benefits Of Payment Shock
Bad Credit Mortgages

Mortgage Versus Rent Payments And Benefits Of Payment Shock

ByGustan Cho Posted onMarch 9, 2021January 20, 2025

This Article Is About Mortgage Versus Rent Payments And Benefits Of Payment Shock Most first-time homebuyers or those folks thinking…

Continue Reading Mortgage Versus Rent Payments And Benefits Of Payment ShockContinue

Homeowners Who Bailed On Mortgage During Mortgage Collapse
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Homeowners Who Bailed On Mortgage During Mortgage Collapse

ByGustan Cho Posted onJanuary 31, 2021October 8, 2024

This Article Is About Homeowners Who Bailed On Mortgage During Mortgage Collapse Residential home sales have been steadily increased and…

Continue Reading Homeowners Who Bailed On Mortgage During Mortgage CollapseContinue

Mortgage Guidelines On Down Payment On Home Purchases
Bad Credit Mortgages

Mortgage Guidelines On Down Payment On Home Purchases

ByGustan Cho Posted onJanuary 16, 2021July 19, 2024

This Article Is About Mortgage Guidelines On Down Payment With the exception of VA and USDA loans, most mortgage loan…

Continue Reading Mortgage Guidelines On Down Payment On Home PurchasesContinue

$2,000 Paycheck Coronavirus Stimulus Bill Passed By The House
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$2,000 Paycheck Coronavirus Stimulus Bill Passed By The House

ByGustan Cho Posted onDecember 31, 2020October 8, 2024

In this article, we will discuss and cover the coronavirus stimulus bill passed by the House. The House passed the…

Continue Reading $2,000 Paycheck Coronavirus Stimulus Bill Passed By The HouseContinue

Coronavirus Outbreak Devastated Chicago Housing Market
Bad Credit Mortgages | Headline News Archives

Coronavirus Outbreak Devastated Chicago Housing Market

ByAlex Carlucci Posted onDecember 19, 2020October 8, 2024

This BREAKING NEWS ARTICLE Is About How The Coronavirus Outbreak Devastate Chicago Housing Market The COVID-19 Pandemic has affected Chicago…

Continue Reading Coronavirus Outbreak Devastated Chicago Housing MarketContinue

Discouraged Mortgage Loan Borrowers Due To Lender Overlays
Bad Credit Mortgages

Discouraged Mortgage Loan Borrowers Due To Lender Overlays

ByAlex Carlucci Posted onNovember 25, 2020April 7, 2025

This Article Is On Discouraged Mortgage Loan Borrowers Due To Lender Overlays There are many mortgage loan programs available today…

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FHFA Increases 2021 Conforming Loan Limit To $548,250
Bad Credit Mortgages

FHFA Increases 2021 Conforming Loan Limit To $548,250

ByGustan Cho Posted onNovember 24, 2020October 8, 2024

BREAKING NEWS: FHFA Increases 2021 Conforming Loan Limit To $548,250 And High-Balance Ceiling To $822,375 As expected, the FHFA Increases…

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Which means buying a home with tenants
Bad Credit Mortgages

Buying A House With Tenants Who Are Still Occupants

ByGustan Cho Posted onSeptember 15, 2020April 16, 2024

This Article Is About Buying A House With Tenants Who Are Still Occupants Buying A House With Tenants Who Are…

Continue Reading Buying A House With Tenants Who Are Still OccupantsContinue

Illinois Ranked As Highest-Taxed State (1)
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Illinois Ranked As Highest-Taxed State In The Nation For Taxpayers

ByAlex Carlucci Posted onSeptember 2, 2020October 8, 2024

BREAKING NEWS: Illinois Ranked As Highest-Taxed State In The Nation For Taxpayers Illinois Ranked As Highest-Taxed State In The Nation…

Continue Reading Illinois Ranked As Highest-Taxed State In The Nation For TaxpayersContinue

New Home Sales Surge In July
Bad Credit Mortgages

New Home Sales Surge In July Despite Coronavirus Outbreak

ByAlex Carlucci Posted onSeptember 1, 2020October 8, 2024

BREAKING NEWS: New Home Sales Surge In July Despite Coronavirus Outbreak New Home Sales Surge In July despite the coronavirus…

Continue Reading New Home Sales Surge In July Despite Coronavirus OutbreakContinue

Chicago Riots
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Chicago Riots Causing Exodus Of Businesses And Taxpayers

ByAlex Carlucci Posted onAugust 19, 2020July 19, 2024

BREAKING NEWS: Chicago Riots Causing Exodus Of Businesses And Taxpayers The recent Chicago Riots are causing countless businesses to call…

Continue Reading Chicago Riots Causing Exodus Of Businesses And TaxpayersContinue

Lightfoot Increasing Taxes
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Lightfoot Increasing Taxes Despite Mass Exodus Of Chicagoans

ByAlex Carlucci Posted onAugust 11, 2020May 15, 2024

BREAKING NEWS: Lightfoot Increasing Taxes Despite Mass Exodus Of Chicagoans The news of Mayor Lori Lightfoot Increasing Taxes has not…

Continue Reading Lightfoot Increasing Taxes Despite Mass Exodus Of ChicagoansContinue

Second Stimulus Package
Bad Credit Mortgages | Headline News Archives

Second Stimulus Package Signed By Executive Order By Trump

ByAlex Carlucci Posted onAugust 9, 2020December 18, 2023

BREAKING NEWS: Second Stimulus Package Signed By Executive Order By Trump The Second Stimulus Package Signed By Executive Order By…

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Illinois Public Corruption
Bad Credit Mortgages | Videos

Illinois Public Corruption Costs Illinoisans $550M Per Year

ByAlex Carlucci Posted onJuly 22, 2020December 18, 2023

In this article, we will cover the breaking news on Illinois public corruption costing Illinois taxpayers at least $550M per…

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Qualifying For Mortgage After Deed In Lieu In California
Bad Credit Mortgages

Mortgage After Deed In Lieu In California

ByGustan Cho Posted onJuly 22, 2020July 19, 2024

This Article Is  On Mortgage After Deed In Lieu In California Home buyers can now qualify for mortgage after deed…

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Florida Attorney Carl Williams_ Five-Star Litigation Lawyer (1)
Bad Credit Mortgages

Florida Attorney Carl Williams: Five-Star Litigation Lawyer

ByAlex Carlucci Posted onJuly 21, 2020January 16, 2025

This Article On Florida Attorney Carl Williams: Five-Star Litigation Lawyer You Should Know It is my great pleasure and honor…

Continue Reading Florida Attorney Carl Williams: Five-Star Litigation LawyerContinue

FHA Loan With Unpaid Collections Florida
Bad Credit Mortgages

Can I Qualify For FHA Loan With Unpaid Collections Florida

ByGustan Cho Posted onJuly 19, 2020April 3, 2025

This Article On FHA Loan With Unpaid Collections Florida Home Buyers with bad credit and lower credit scores can qualify…

Continue Reading Can I Qualify For FHA Loan With Unpaid Collections FloridaContinue

Bankruptcy Alternatives
Bad Credit Mortgages

Bankruptcy Alternatives & How Bankruptcy Affects Mortgage Qualification

ByGustan Cho Posted onJuly 19, 2020July 19, 2024

This Article On Bankruptcy Alternatives & How Bankruptcy Affects Mortgage Qualification Many who have extenuating circumstances such as job loss,…

Continue Reading Bankruptcy Alternatives & How Bankruptcy Affects Mortgage QualificationContinue

Progressive Tax Could Affect 47 Percent Of Illinois Business Owners
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Progressive Tax Could Affect 47 Percent Of Illinois Business Owners

ByAlex Carlucci Posted onJuly 6, 2020December 18, 2023

BREAKING NEWS: Progressive Tax Could Affect 47 Percent Of Illinois Business Owners Governor JB Pritzker’s Progressive Tax Could Affect 47…

Continue Reading Progressive Tax Could Affect 47 Percent Of Illinois Business OwnersContinue

Do All Lenders Have The Same Collections And Charge Off Guidelines
Bad Credit Mortgages

Do All Lenders Have The Same Collections And Charge Off Guidelines

ByGustan Cho Posted onJune 22, 2020July 18, 2024

This ARTICLE On Do All Lenders Have The Same Collections And Charge Off Guidelines Was PUBLISHED On June 21st, 2020…

Continue Reading Do All Lenders Have The Same Collections And Charge Off GuidelinesContinue

New Changes In Home Buying Process
Bad Credit Mortgages

New Changes In Home Buying Process And How It Affects Home Buyers

ByAlex Carlucci Posted onJune 17, 2020March 5, 2024

This BLOG On New Changes In Home Buying Process And How It Affects Mortgages Was PUBLISHED On June 17th, 2020…

Continue Reading New Changes In Home Buying Process And How It Affects Home BuyersContinue

Mortgage With Marginal Credit Scores
Bad Credit Mortgages

Mortgage With Marginal Credit Scores And Bad Credit Guidelines

ByGustan Cho Posted onJune 14, 2020February 10, 2025

This BLOG On Mortgage With Marginal Credit Scores And Bad Credit Guidelines Was UPDATED On August 9th, 2018 Applying for a…

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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: 3100 Ray Road Suite 201 Office # 209 | Chandler AZ 85226 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
      • ITIN Mortgage Loans
      • 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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