Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
ByGustan Cho
Posted on
This article discusses the first time home buying process, emphasizing that it starts with pre-approval. The initial step for those currently renting or living with family and are first time home buyers is to consult with a mortgage lender. The most critical stage of the first time home buying process starts with getting pre-approved. Over…
ByGustan Cho
Posted on
In this blog, we will cover the frequently asked question of what are the steps to buying a house in Washington DC for first-time homebuyers. Washington DC is becoming a very sought-after place for homebuyers in recent years. Washington D.C, the nation’s capital, home to the White House, Capitol Building, and several other key government…
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….
ByAnngelli Abenes
Posted on
If you have lower credit scores and multiple prior derogatory credit tradelines, FHA loans are your best bet to get an approve/eligible per automated underwriting system (AUS).
ByGustan Cho
Posted on
This guide covers credit in mortgage process. We will cover the difference between credit scores vs credit reports. Credit in mortgage process is probably one of the most important factors when it comes to residential home mortgages. There are two ways mortgage lenders view credit. Borrowers need to meet minimum credit score requirements. The minimum…
ByAlex Carlucci
Posted on
In this article, we will be comparing FHA loans vs VA loans. VA loans by far are the best mortgage loan program in the nation. The U.S. Department of Veterans Affairs is the federal government agency administering the agency mortgage guidelines on VA loans. The role of the Veterans Administration (VA) and the U.S. Department…
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…
ByGustan Cho
Posted on
This blog will discuss buying a home and getting a mortgage with bad credit in Nevada. Nevada has many amenities, including no state income taxes, few regulations and restrictions, and plenty of job opportunities. We will discuss consumers’ options for obtaining a mortgage with bad credit in Nevada. Saving for a larger down payment (typically…
ByAlex Carlucci
Posted on
In this blog, we will cover and discuss the steps to buying your first home in Wyoming. Buying your first home in Wyoming should not be stressful. It should be an exciting point in your life where you are making your single largest investment and starting a new chapter in your life as a homeowner….
ByAnngelli Abenes
Posted on
This article is about Why Mortgage Process Is Biggest Home Buying Stress The process of buying a home can be both thrilling and nerve-wracking. Home buying stress is particularly pronounced during the mortgage process, which often stands out as the biggest source of anxiety. This stress is typically more intense for first-time home buyers than…
ByAnngelli Abenes
Posted on
In this article, we will delve into the process of buying a home with bad credit in Nevada, specifically for individuals with credit scores below 600. The team at Gustan Cho Associates specializes in guiding homebuyers through purchasing a home with bad credit in Nevada. Over 75% of our clients come to us after being…
ByAnngelli Abenes
Posted on
Home loans are still available to borrowers with collections, charged-off accounts, or late payments. Lenders are generally willing to approve applicants with a history of bad credit, bankruptcy, foreclosure, a deed instead of foreclosure, a short sale, or a period of financial hardship. However, lenders expect borrowers to have rebuilt their credit following any previous issues. You…
ByAnngelli Abenes
Posted on
In this article, we will discuss and cover mortgage conditions by underwriters on conditional loan approvals. Once the mortgage loan has been processed, it will get submitted to the mortgage company’s underwriting department. It is then assigned to a mortgage underwriter. A mortgage underwriter will carefully look at borrowers’ loan applications. All loan documents submitted…
ByGustan Cho
Posted on
This guide covers what is earnest money on home purchase. Earnest money is a deposit a homebuyer submits with the real estate purchase offer. This deposit gives the home seller the assurance that the home buyer is serious about the purchase of the home. In this guide covers how the deposit of a home purchase…
ByGustan Cho
Posted on
In this article, we will be covering the topic on are all mortgage lenders the same. Choosing the right mortgage lender that is suitable to you is one of the most important decisions borrowers will make in the home buying process. Getting the right lender with the best terms and rates is very important for…
ByGustan Cho
Posted on
This guide covers qualifying for a home mortgage with bad credit. One of the frequently asked questions by our clients at Gustan Cho Associates is, what is bad credit in mortgage terms? What does it mean to have bad credit? Bad credit, in general, can have a lot of meanings. Bad credit mortgage loans are…
ByGustan Cho
Posted on
VA home loans are ideal for primary residences, offering 100% financing with no down payment required for those who qualify, including active and retired U.S. Armed Forces members and eligible surviving spouses. The key to accessing these benefits is obtaining a Certificate of Eligibility (COE), which confirms eligibility for the VA’s loan program. The VA…
ByGustan Cho
Posted on
This guide covers mortgage loan options with bad credit after bankruptcy on home purchase and refinance loans. One of the frequently asked questions from our viewers is can I qualify and get approved for a mortgage with bad credit after bankruptcy? The answer is yes. Depends on the mortgage loan program and the down payment….
ByRonda Butts
Posted on
FHA loans bad credit Georgia mortgage requirements and guidelines make FHA home mortgages the most popular loan program for first-time homebuyers, borrowers with credit scores down to 500 FICO, and homebuyers with high-debt to income ratios. HUD, the parent of FHA, is the federal government agency in charge of the administration of FHA loans. Alex…
ByGustan Cho
Posted on
In this blog post, we’ll explore obtaining an FHA loan with a credit score under 600. Gustan Cho Associates specializes in processing and finalizing FHA Loans With Under 600 Credit Scores in Florida. Many lenders set higher credit score thresholds due to additional criteria known as overlays. However, it’s important to note that only some…
ByGustan Cho
Posted on
This blog will discuss getting approved for FHA loans in Las Vegas with bad credit and credit scores down to 500 FICO. This blog will cover FHA loans with bad credit in Las Vegas. FHA loans are very popular mortgage loan programs for borrowers with bad credit, first-time homebuyers with no credit, and borrowers with…
CALL NOW