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      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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Home / Mortgage & Real Estate News - Page 22
Buying Your First Home In Wyoming
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | FHA Loans | First Time Home Buyers | VA Loans | Videos

Steps To Buying Your First Home In Wyoming Without Stress

ByAlex Carlucci Posted onMay 22, 2024June 12, 2025

In this blog, we will cover and discuss the steps to buying your first home in Wyoming. Buying your first…

Continue Reading Steps To Buying Your First Home In Wyoming Without StressContinue

How Mortgage Brokers Get Paid
Home Mortgages | Career Opportunities/Loan Officer Training | Mortgage Processing And Underwriting | Videos

How Mortgage Brokers Get Paid on Closed Home Loans

ByAnngelli Abenes Posted onMay 21, 2024June 12, 2025

This guide covers how mortgage brokers get paid on closed home loans. Mortgage brokers, loan originators, or loan officers are…

Continue Reading How Mortgage Brokers Get Paid on Closed Home LoansContinue

Role Of Mortgage Processor
Mortgage Processing And Underwriting | video

Role Of Mortgage Processor During The Mortgage Process

ByAnngelli Abenes Posted onMay 21, 2024June 12, 2025

In this article, we will cover and discuss the role of mortgage processor during the mortgage process. The mortgage processor…

Continue Reading Role Of Mortgage Processor During The Mortgage ProcessContinue

How Loan Officers Qualify Borrowers
Mortgage Lender Overlays | Videos

How Loan Officers Qualify Borrowers And Issue Pre-Approvals

ByAlex Carlucci Posted onMay 21, 2024June 12, 2025

This Article Is About How Loan Officers Qualify Borrowers And Issue Pre-Approvals. Understanding how loan officers qualify borrowers is crucial in the…

Continue Reading How Loan Officers Qualify Borrowers And Issue Pre-ApprovalsContinue

FHA 203k Contractor
FHA 203k Loan | Videos

FHA 203k Contractor Role For Homebuyers of Fixer-Uppers

ByLaurie Cho Posted onMay 21, 2024June 12, 2025

In this blog, we will cover and discuss the FHA 203k contractor role for homeowners on FHA 203k loans. The…

Continue Reading FHA 203k Contractor Role For Homebuyers of Fixer-UppersContinue

The Marriage Penalty
Real Estate Topic | Videos

How The Marriage Penalty Works

ByLaurie Cho Posted onMay 21, 2024June 12, 2025

This guide covers how the marriage penalty works. He loves me, he loves me not, he loves me, he loves…

Continue Reading How The Marriage Penalty WorksContinue

Freddie Mac Part-Time Income Mortgage Guidelines
Income And Employment | Conventional Loans | Gaps In Employment | Videos

Freddie Mac Part-Time Income Mortgage Guidelines

ByAnngelli Abenes Posted onMay 20, 2024June 12, 2025

This guide explores the updated Freddie Mac part-time income mortgage guidelines for 2024. The new year has introduced significant changes…

Continue Reading Freddie Mac Part-Time Income Mortgage GuidelinesContinue

Mortgage Protection Plans
Home Purchase | Real Estate Topic | Videos

Mortgage Protection Plans For Homeowners

ByLaurie Cho Posted onMay 20, 2024June 12, 2025

This guide covers mortgage protection plans. The mortgage protection plan sets up a generational wealth plan and estate plan. The…

Continue Reading Mortgage Protection Plans For HomeownersContinue

Refinance Waiting Period
Mortgage Refinance | Videos

Refinance Waiting Period Mortgage Guidelines

ByMargarett Jurilla Posted onMay 20, 2024June 12, 2025

In this blog, we will cover and discuss the refinance waiting period mortgage lending guidelines on home mortgages. For homeowners…

Continue Reading Refinance Waiting Period Mortgage GuidelinesContinue

FHA Property Standards
Appraisal | FHA Loans

HUD Guidelines for FHA Loans: FHA Property Standards

ByAnngelli Abenes Posted onMay 20, 2024June 12, 2025

HUD Guidelines On FHA Property Standards is the home needs to be safe, secure, and habitable. No need to be alarmed if the home is old. As long as the home is secured, safe, and habitable, it will pass FHA Home Appraisal.

Continue Reading HUD Guidelines for FHA Loans: FHA Property StandardsContinue

Home Buying Stress
Bad Credit Mortgages | Home Mortgages | video

Home Buying Stress During Mortgage Underwriting Process

ByAnngelli Abenes Posted onMay 20, 2024June 12, 2025

This article is about Why Mortgage Process Is Biggest Home Buying Stress The process of buying a home can be…

Continue Reading Home Buying Stress During Mortgage Underwriting ProcessContinue

Buying Home With Illegal Apartment
Muti-Family Investment

Buying Home With Illegal Apartment In Basement And Attic

ByAnngelli Abenes Posted onMay 20, 2024June 12, 2025

This blog will discuss the intricacies of buying home with illegal apartment in the basement and attic. Most of these…

Continue Reading Buying Home With Illegal Apartment In Basement And AtticContinue

HUD FHA 203k Loans Manual Underwriting Guidelines
FHA 203k Loan | Manual Underwriting | Videos

HUD FHA 203k Loans Manual Underwriting Guidelines

ByLaurie Cho Posted onMay 19, 2024June 12, 2025

This guide covers HUD FHA 203k loans manual underwriting guidelines on renovation loans. HUD FHA 203k loans manual underwriting guidelines…

Continue Reading HUD FHA 203k Loans Manual Underwriting GuidelinesContinue

Barndominiums
Barndominium | Videos

What Are Barndominiums

ByGustan Cho Posted onMay 18, 2024June 12, 2025

Barndominiums is a blend of a barn and barndominium. A barndominium is a portmanteau of “barn” and “barndominium.” Barndominiums are…

Continue Reading What Are BarndominiumsContinue

Clearing Mortgage Conditions
Mortgage Processing And Underwriting

Clearing Mortgage Conditions of Conditional Loan Approval

ByAnngelli Abenes Posted onMay 17, 2024June 12, 2025

This guide covers clearing mortgage conditions of conditional loan approval.  After borrower’s mortgage application has been processed and underwritten, the…

Continue Reading Clearing Mortgage Conditions of Conditional Loan ApprovalContinue

Verification Of Mortgage Guidelines (1)
Home Mortgages

Verification Of Mortgage Guidelines And Requirements By Lenders

ByAnngelli Abenes Posted onMay 17, 2024June 12, 2025

This Article Is About Verification Of Mortgage Guidelines And Requirements By Lenders. A Verification of Mortgage, commonly known as VOM,…

Continue Reading Verification Of Mortgage Guidelines And Requirements By LendersContinue

Prenuptial Agreements
Home Mortgages | Home Purchase

How Does Prenuptial Agreements Affect Mortgages

ByAnngelli Abenes Posted onMay 17, 2024June 13, 2025

This guide covers how prenuptial agreements affect mortgage loans. You may have heard of prenuptial agreements if you plan to…

Continue Reading How Does Prenuptial Agreements Affect MortgagesContinue

Buying a Home From a Family Member
Home Mortgages | Gift of Equity | Videos

Buying a Home From a Family Member With a Gift of Equity

ByGustan Cho Posted onMay 15, 2024June 13, 2025

This guide covers buying a home from a family member with no down payment or closing costs with a gift…

Continue Reading Buying a Home From a Family Member With a Gift of EquityContinue

Homes For Heroes Mortgage For Medical Professionals
Down Payment Assistance | FHA Loans | Videos

Homes For Heroes Mortgage For Medical Professionals

ByJohn Strange Posted onMay 14, 2024June 13, 2025

In this article, we will cover and discuss homes for heroes mortgage for medical professionals. A few articles have been…

Continue Reading Homes For Heroes Mortgage For Medical ProfessionalsContinue

Sellers Concessions And Tax Prorations
Home Mortgages | video

Sellers Concessions And Tax Prorations On Illinois Home Purchase

ByAnngelli Abenes Posted onMay 13, 2024June 13, 2025

Understanding Sellers Concessions and Tax Prorations in Illinois Home Purchases Illinois home buyers benefit from a unique financial advantage that…

Continue Reading Sellers Concessions And Tax Prorations On Illinois Home PurchaseContinue

Why Do Mortgage Lenders Ask For Reserves
Mortgage Processing And Underwriting | Manual Underwriting | Muti-Family Investment | Videos

Why Do Mortgage Lenders Ask For Reserves From Borrowers

ByAnngelli Abenes Posted onMay 13, 2024June 13, 2025

When And Why Do Mortgage Lenders Ask For Reserves? On VA and FHA manual underwriting, one month’s reserves are required. Multi-family units require reserves by homebuyers.

Continue Reading Why Do Mortgage Lenders Ask For Reserves From BorrowersContinue

Reaffirming Home Loan After Bankruptcy
Mortgage After Bankruptcy and Foreclosure | Conventional Loans | Videos

Reaffirming Home Loan After Bankruptcy Mortgage Guidelines

ByAnngelli Abenes Posted onMay 13, 2024June 13, 2025

In this article, we’ll talk about reaffirming home loan after bankruptcy, a frequently inquired topic. Milwaukee-based Attorney James Miller of…

Continue Reading Reaffirming Home Loan After Bankruptcy Mortgage GuidelinesContinue

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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

  • FHA Loans After Unemployment
    FHA Loans After Unemployment Mortgage GuidelinesJune 30, 2025
  • FHA Debt-To-Income Ratio Requirements
    FHA Debt-To-Income Ratio RequirementsJune 30, 2025
  • The Role Of The Loan Officer Assistant
    The Role Of The Loan Officer Assistant In Mortgage ProcessJune 30, 2025
  • Manual Downgrade From AUS Approval
    Manual Downgrade From AUS Approval on FHA LoansJune 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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