Things That Determines Your Mortgage Rates
This guide covers things that determines your mortgage rates on home loans. Mortgage rates are the interest rates that you…
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Understanding Insurance for Homebuyers and Homeowners
Homebuyers may encounter several types of insurance during the mortgage process, each serving a different purpose. Homeowners insurance protects your…
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Cash to Close and Seasoned Funds for Closing
Cash to Close and Seasoned Funds for Closing: Guide to a Smooth Home Purchase When you’re ready to buy a…
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Mortgage Processing And Underwriting | Clear To Close | Home Mortgages | Home Purchase | Property Taxes | Real Estate Topic | Videos
Real Estate Closing Process: Buyer and Seller Guide
Real Estate Closing: Step-by-Step Process for Buyers and Sellers This guide will cover the frequently asked questions about real estate…
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Mortgage Processing And Underwriting | Automated Underwriting System | Compensating Factors | FHA Loans | Manual Underwriting | VA Loans | Videos
Manual Underwriting versus Automated Underwriting Guidelines
In this guide, we will cover and discuss manual underwriting versus automated underwriting guidelines. The Automated Underwriting System is a…
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Mortgage Processing And Underwriting | Automated Underwriting System | Clear To Close | Conditional Loan Approval | Manual Underwriting | Qualifying & Getting Pre-approved | Videos
How Do Underwriters Approve Mortgage Loans?
How Do Underwriters Approve Mortgage Loans? Complete Underwriting Guide Mortgage underwriters confirm that the loan, borrower, and property fulfill the…
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FHA Loans in Louisiana: Steps to Qualify with Bad Credit
FHA loans in Louisiana can provide a more flexible path to homeownership, especially for borrowers with limited savings, lower credit…
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Investment Homes | No-Ratio Mortgage Loans | NON-QM Loans | Profit and Loss Statement Only Mortgages | Videos
Profit and Loss Statement Only Mortgage Loans
In this article, we will cover qualifying for the Profit and Loss Statement Only Mortgage Loans with no-income verification and…
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APR Versus Interest Rate Quoted By Mortgage Lenders
The interest rate is the cost of borrowing the loan principal. It directly affects your monthly principal-and-interest payment. The annual…
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Mortgage Processing And Underwriting | Conditional Loan Approval | Qualifying & Getting Pre-approved | Videos
Fully Underwritten TBD Mortgage Approval As Pre-Approvals
In this blog, we will cover and discuss getting a fully underwritten TBD mortgage approval as pre-approvals. Fully Underwritten TBD…
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NON-QM Loans | Bank Statement Loans | Doctor and Medical Professional Mortgages | No-Ratio Mortgage Loans | Videos
Non-QM Loan Requirements and Mortgage Options
The asset-depletion mortgage loan program benefits higher net worth individuals who do not have a regular steady income. Non-QM loans are becoming increasingly popular and benefit borrowers who need alternative nontraditional mortgage loan programs.
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Income And Employment | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
IRS 4506T Form vs Form 4506C for Mortgage Loans
IRS 4506T Form vs Form 4506C: How Mortgage Lenders Verify Income This guide covers the IRS 4506T Form vs Form…
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How to Turn Refer/Eligible Into Approve/Eligible in AUS
How To Get Refer To Approve-Eligible Per AUS To Qualify For Mortgage: There are ways of trying to get a refer/eligible findings to an approve/eligible per automated underwriting system.
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Balloon Mortgages
Balloon mortgages require monthly payments for a set period, followed by one large final payment for the remaining loan balance….
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VA Loans in Ohio With Bad Credit and No Lender Overlays
Eligible veterans, active-duty service members, and qualifying surviving spouses may be able to obtain VA loans in Ohio borrowers can…
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Refinancing Your California Mortgage Loan
Refinancing a California mortgage means replacing your existing home loan with a new mortgage. It may help you lower your…
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About Us
About Us at Gustan Cho Associates Gustan Cho Associates is a national five-star mortgage company licensed in multiple states with…
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Do You Need a Real Estate Agent to Buy a House?
Do you need a real estate agent to buy a house? You generally do not need a real estate agent…
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Home Improvement Projects That Add Value to a Home
Home improvement projects that add value are usually practical, functional, and appealing to a wide range of buyers. Updates such…
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MLO Remote Work and Branch Licensing Requirements by State
State NMLS MLO Remote Work and Branch Licensing Requirements In this guide, we will cover the state NMLS MLO work…
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Direct Versus Correspondent Lender: Key Differences
Direct and correspondent lenders can both originate, process, close, and fund mortgage loans. A direct lender typically funds the mortgage…
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VA Mortgage Process: From Preapproval to Closing
The VA mortgage process begins with confirming eligibility and obtaining a Certificate of Eligibility, followed by loan preapproval, finding a…
