Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
ByMike Gracz
Posted on
Boarder Income Mortgage Guidelines for 2024: Boosting Your Income to Buy or Refinance a Home Are you wondering if the rent you collect from a roommate or boarder could help you qualify for a mortgage? With rising home prices, every bit of income can make a big difference. Let’s dive into how boarder income works…
ByAlex Carlucci
Posted on
Florida Condo Hotel Mortgage: Financing Your Dream Condo Hotel in 2024 Are you dreaming of owning a piece of luxury in Florida? Condo hotels, or “condotels,” offer a unique chance to invest in a high-end property you can enjoy yourself while earning income from hotel guests. However, financing a Florida condo hotel can be challenging…
ByAlex Carlucci
Posted on
Reestablishing Credit After Bankruptcy: Your Step-by-Step Guide to Homeownership in 2024 Going through bankruptcy is tough, but it doesn’t mean you’re locked out of a bright financial future. Reestablishing credit after bankruptcy is not only possible—it’s the key to unlocking new opportunities, including buying or refinancing a home. In this guide, we’ll walk you through…
ByMike Gracz
Posted on
VA Simultaneous Home Closings with No Overlays: 2024 Guide to Buying Your Next Home Are you considering buying a new home with a VA loan while selling your current one? Simultaneous closings, where you close on both homes on the same day, can help make that transition easier. But the process can be complex, especially…
ByGustan Cho
Posted on
How Does Rapid Rescore Assist You in Securing a Mortgage in 2024? Imagine this: You’re almost ready to buy your dream home, but your credit score is holding you back. Maybe you’ve been working hard to pay down debt, or there’s a mistake on your credit report making your score look lower than it should…
ByGustan Cho
Posted on
Exploring Portfolio Loan Programs for 2024: A Flexible Mortgage Option for Unique Borrowers In the world of mortgages, there isn’t always a one-size-fits-all solution. If conventional loans aren’t a fit, portfolio loan programs might be the answer. Whether you’re an investor, retiree, entrepreneur, or someone with unique financials, portfolio loans open doors that traditional lending…
ByGustan Cho
Posted on
Everything You Need to Know About Second Home Loans in 2024 Are you thinking of buying a second home? Maybe you want a cozy cabin by the lake, a beachside retreat, or a place closer to family. Second homes can be exciting investments and give you a getaway, but financing them differs slightly from getting…
ByGustan Cho
Posted on
Conforming Loan Requirements: 2024 Guide for Homebuyers and Refinancers If you’re thinking about buying a home or refinancing your current mortgage in 2024, it’s essential to understand conforming loan requirements. These loans enjoy popularity due to the criteria established by Fannie Mae and Freddie Mac, which generally makes them easier to qualify for and more…
ByRonda Butts
Posted on
Appraisal Review in Mortgage Underwriting Process: Your Guide to Success in 2024 Buying a home is one of the most exciting moments in life, but it comes with some steps that might seem complicated at first. One of those key steps is the home appraisal and its review during the mortgage underwriting process. Understanding how…
ByAlex Carlucci
Posted on
FHA Streamline Refinance Illinois: A Fast, Easy Way to Lower Your Mortgage Payments in 2024 If you’re an Illinois homeowner with an FHA loan, chances are you’ve heard of FHA Streamline Refinance. It’s a fast and easy method to reduce your monthly payments. Given the current mortgage rates, it might save you a significant amount…
ByAlex Carlucci
Posted on
Home Affordable Refinance Program Extended: What Happened and Your Options in 2024 If you’re a homeowner who’s been keeping up with your mortgage despite your home being worth less than what you owe, you may have heard about the Home Affordable Refinance Program (HARP). At one point, it was a lifesaver for millions of underwater…
ByGustan Cho
Posted on
HARP With Second Mortgage: Can You Refinance with a Second Mortgage Through HARP in 2024? If you have a second mortgage and feel stuck with an underwater home, you may wonder if refinancing is possible. The good news is that you can refinance your home through the Home Affordable Refinance Program (HARP) even if you…
ByGustan Cho
Posted on
How to Avoid Stress and Delays in Home Loan Closings (Updated for 2024) Buying a home is one of the biggest steps you’ll take in life. But let’s be real—home loan closings can sometimes feel overwhelming. It’s easy to see how things can go sideways between the paperwork, inspections, and financial stress. However, with the…
ByGustan Cho
Posted on
Non-QM Loan with Recent Late Payments: Your Guide to Homeownership in 2024 If you’ve had recent late payments on your credit report, you might think buying a home or refinancing is out of reach. But there’s good news—non-QM loans with recent late payments are here to help. In the current housing market with rising home…
ByGustan Cho
Posted on
Mortgage Guidelines After Bankruptcy and Foreclosure in 2024 If you’ve been through bankruptcy or foreclosure, you might feel like owning a home again is out of reach. The good news? It’s not! It’s possible to secure a mortgage even after experiencing bankruptcy and foreclosure; we’re here to guide you through the process. With the correct…
ByGustan Cho
Posted on
This guide covers how credit repair during mortgage underwriting can halt loan process . Mortgage borrowers should know the impact of credit repair during mortgage underwriting. The mission of Gustan Cho Associates Mortgage Group is to help home buyers and homeowners secure home loans with bad credit. Many home buyers and homeowners do not realize…
ByDustin Dumestre
Posted on
In this guide, we will cover a comprehensive look at 100% unsecured business loans for small business owners and entrepreneurs. Small business owners and entrepreneurs often face significant challenges when securing the funds they need to start or expand their businesses. Traditional financing methods, such as bank loans, frequently require collateral—valuable assets like property or…
ByGustan Cho
Posted on
Advice and Tips for Home Buyers in 2024: How to Qualify for a Mortgage and Get the Home of Your Dreams Buying a home is one of the most important decisions you will make. Whether you are a first-time home buyer or looking to move, the process can seem complicated. But with the right advice…
ByAlex Carlucci
Posted on
How to Get a Mortgage Loan with Unsatisfied Judgment in 2024 Qualifying for a mortgage loan with unsatisfied judgment may seem impossible, but the good news is that it’s not. Homebuyers with judgments on their credit reports can still get approved for a home loan, even if the judgment isn’t paid off. You can take…
ByGustan Cho
Posted on
How To Get a Mortgage in Puerto Rico: Your 2024 Guide Are you ready to trade chilly winters and high federal taxes for sunny beaches, a warm climate, and incredible tax savings? More people from the mainland United States are moving to Puerto Rico, and it’s easy to see why. With no federal income tax…
ByGustan Cho
Posted on
Understanding HUD DTI Guidelines for FHA Loans in 2024: How to Qualify for a Purchase or Refinance When you’re considering buying a home or refinancing, one term you’ll often hear is the DTI—or Debt-to-Income Ratio. If you’re considering obtaining an FHA loan supported by the Federal Housing Administration (FHA) under the supervision of HUD (U.S….
CALL NOW