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Mortgage & Real Estate News

Home / Mortgage & Real Estate News - Page 29
Child Support Mortgage Guidelines
Home Mortgages | FHA Loans

Child Support Mortgage Guidelines On Home Purchase And Refinance

ByGustan Cho Posted onApril 1, 2024August 16, 2024

What Are The Updated Child Support Mortgage Guidelines On Home Purchase And Refinance For 2021? You cannot have delinquent child support payments and qualify for a mortgage.

Continue Reading Child Support Mortgage Guidelines On Home Purchase And RefinanceContinue

Buying House After Selling Home With Late Payments
Bad Credit Mortgages | NON-QM Loans | Videos

Buying House After Selling Home With Late Payments

ByGustan Cho Posted onApril 1, 2024August 16, 2024

In this article, we will cover and discuss buying a house after selling home with late payments. One of the…

Continue Reading Buying House After Selling Home With Late PaymentsContinue

Fannie Mae And Freddie Mac Versus HUD
Home Mortgages | Regulations

Fannie Mae And Freddie Mac Versus HUD Guidelines

ByGustan Cho Posted onApril 1, 2024October 8, 2024

This article explores the differences between Fannie Mae And Freddie Mac Versus HUD Guidelines. Acknowledging the complexity of the mortgage…

Continue Reading Fannie Mae And Freddie Mac Versus HUD GuidelinesContinue

Funds In Bank Statements
Mortgage Processing And Underwriting | Proof of Funds | Videos

Funds In Bank Statements That Cannot Be Used By Lenders

ByGustan Cho Posted onApril 1, 2024April 7, 2025

This guide covers funds in bank statements that mortgage lenders cannot use.  All funds in bank statements that are newer…

Continue Reading Funds In Bank Statements That Cannot Be Used By LendersContinue

Upfront Costs for Mortgage Loans
Mortgage Processing And Underwriting | Appraisal | Home Purchase | Videos

Upfront Costs For Mortgage Loans Prior To Closing

ByDustin Dumestre Posted onApril 1, 2024August 16, 2024

This guide covers upfront costs for mortgage loans prior to closing. What would you do as a borrower if a…

Continue Reading Upfront Costs For Mortgage Loans Prior To ClosingContinue

Build Wealth
First Time Home Buyers | Home Mortgages | Home Purchase | Qualifying & Getting Pre-approved | Videos

Is Homeownership The Best Way To Build Wealth?

ByAlex Carlucci Posted onMarch 31, 2024March 31, 2024

This blog will cover how to build wealth by owning versus renting a home. We will show you how quickly…

Continue Reading Is Homeownership The Best Way To Build Wealth?Continue

Refinancing NON-QM Loans to Traditional Mortgages
Videos | Conventional Loans | FHA Loans | NON-QM Loans | Refinancing | video

Refinancing NON-QM Loans To Traditional Mortgages

ByGustan Cho Posted onMarch 29, 2024October 22, 2024

In this blog, we will discuss and cover refinancing non-QM loans to government and conventional mortgages. Refinancing NON-QM loans to…

Continue Reading Refinancing NON-QM Loans To Traditional MortgagesContinue

Declining And Irregular Income
Income And Employment | Mortgage Denial | Self-Employed Borrowers | Videos

How Mortgage Underwriters View Declining And Irregular Income?

ByGustan Cho Posted onMarch 29, 2024August 15, 2024

In this blog, we will cover and discuss how mortgage underwriters view the declining and irregular income of borrowers. There…

Continue Reading How Mortgage Underwriters View Declining And Irregular Income?Continue

Property Taxes In Mortgage Qualification
Property Taxes | Real Estate | Real Estate Topic | Videos

How Property Taxes in Mortgage Qualification Affects DTI

ByGustan Cho Posted onMarch 29, 2024August 15, 2024

This guide covers property taxes in mortgage qualification and how it affects debt-to-income ratios. For homebuyers, especially first-time home buyers,…

Continue Reading How Property Taxes in Mortgage Qualification Affects DTIContinue

Past Due Versus Collection And Charge Off Accounts
Bad Credit Mortgages | Collection Accounts | FHA Loans | Videos

Past Due Versus Collection And Charge Off Accounts Mortgage Guidelines

ByGustan Cho Posted onMarch 29, 2024August 15, 2024

In this blog, we will discuss and cover Past Due Versus Collection And Charge Off Accounts when qualifying and getting…

Continue Reading Past Due Versus Collection And Charge Off Accounts Mortgage GuidelinesContinue

Yield Spread Premium
Home Mortgages | Videos

Yield Spread Premium Charged By Mortgage Brokers

ByAlex Carlucci Posted onMarch 29, 2024August 15, 2024

Mortgage brokers are paid a commission, referred to as Yield Spread Premium Explained, from wholesale mortgage lenders or end lenders,…

Continue Reading Yield Spread Premium Charged By Mortgage BrokersContinue

Self-Employed Relocation Mortgage
Home Mortgages | Bank Statement Loans | Qualifying & Getting Pre-approved | Videos

Self-Employed Relocation Mortgage Guidelines And Challenges

ByGustan Cho Posted onMarch 28, 2024August 15, 2024

In this article, we will cover and discuss Self-Employed Relocation Mortgage Guidelines. Three primary categories of residential mortgages cater to…

Continue Reading Self-Employed Relocation Mortgage Guidelines And ChallengesContinue

Acceptable Sources of Verifiable Funds for Closing
Clear To Close | Mortgage Processing And Underwriting | Proof of Funds | Videos

Acceptable Sources of Verifiable Funds for Closing

ByMike Gracz Posted onMarch 28, 2024August 15, 2024

In this blog, we will cover and discuss the acceptable sources of verifiable funds for closing. With the majority of…

Continue Reading Acceptable Sources of Verifiable Funds for ClosingContinue

Qualifying For Conventional Loan After Foreclosure
Conventional Loans | FHA Loans | Mortgage After Bankruptcy and Foreclosure | VA Loans | Videos

Qualifying For Conventional Loan After Foreclosure

ByMargarett Jurilla Posted onMarch 28, 2024August 15, 2024

Qualifying for a conventional loan after foreclosure presents more challenges than government loans. However, homebuyers can qualify for a conventional…

Continue Reading Qualifying For Conventional Loan After ForeclosureContinue

How To Obtain A Mortgage Broker License
Career Opportunities/Loan Officer Training

How To Obtain A Mortgage Broker License In Multiple States

ByMike Gracz Posted onMarch 28, 2024August 15, 2024

This Article Is About How To Obtain A Mortgage Broker License In Multiple States Individuals who want to become mortgage…

Continue Reading How To Obtain A Mortgage Broker License In Multiple StatesContinue

NON-QM Loans After Bankruptcy
Bad Credit Mortgages | Bankruptcy | NON-QM Loans | Videos

NON-QM Loans After Bankruptcy With Bad Credit and Low FICO

ByMike Gracz Posted onMarch 28, 2024August 15, 2024

Non-QM loans after bankruptcy and foreclosure allow homebuyers to purchase a home with no waiting period after bankruptcy and/or a…

Continue Reading NON-QM Loans After Bankruptcy With Bad Credit and Low FICOContinue

Refinance Into FHA 203k Loan
FHA 203k Loan | FHA Loans | Refinancing | Videos

Refinance Into FHA 203k Loan From an Existing Mortgage

ByGustan Cho Posted onMarch 28, 2024August 15, 2024

In this blog, we will cover and discuss how to refinance into FHA 203k loan from an existing home mortgage….

Continue Reading Refinance Into FHA 203k Loan From an Existing MortgageContinue

Derogatory Credit
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts

Can I Buy a House With Derogatory Credit Tradelines

ByMike Gracz Posted onMarch 27, 2024May 12, 2025

Homebuyers can buy a house and qualify for a mortgage with derogatory credit. Borrowers do not need perfect credit to…

Continue Reading Can I Buy a House With Derogatory Credit TradelinesContinue

What is a DU Automated Approval
Automated Underwriting System | FHA Loans | VA Loans | Videos

What Is DU Automated Approval per AUS FINDINGS

ByGustan Cho Posted onMarch 27, 2024August 15, 2024

In this blog, we will cover and discuss what is DU automated approval on the automated underwriting system. A sound…

Continue Reading What Is DU Automated Approval per AUS FINDINGSContinue

FHA Guidelines on Late Payments After Bankruptcy
Bad Credit Mortgages | FHA Loans | Mortgage After Bankruptcy and Foreclosure | Videos

FHA Guidelines on Late Payments After Bankruptcy

ByGustan Cho Posted onMarch 27, 2024August 15, 2024

In this blog, we will cover and discuss FHA guidelines on late payments after bankruptcy. Borrowers are often confused with FHA…

Continue Reading FHA Guidelines on Late Payments After BankruptcyContinue

How Do Mortgage Lenders View Charge-Offs
Charge Off Accounts | Bad Credit Mortgages | Videos

How Do Mortgage Lenders View Charge-Offs

ByGustan Cho Posted onMarch 26, 2024April 7, 2025

In this article, we will cover how do mortgage lenders view charge-offs. One of the frequently asked questions at Gustan…

Continue Reading How Do Mortgage Lenders View Charge-OffsContinue

Down Payment Assistance Mortgage
Home Purchase | Home Mortgages | Real Estate Topic | Videos

EPM Empowered Down Payment Assistance Mortgage Program

ByGustan Cho Posted onMarch 26, 2024June 27, 2025

This guide covers EPM Empowered down payment assistance mortgage programs. There are several types of down payment assistance mortgage programs…

Continue Reading EPM Empowered Down Payment Assistance Mortgage ProgramContinue

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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

  • Funds required for first-time home buyer on a home purchase
    Funds Required For First-Time Home Buyer on a PurchaseJuly 1, 2025
  • Understanding VA Mortgage Rates
    Understanding VA Mortgage Rates And LLPAJuly 1, 2025
  • FHA Loans After Unemployment
    FHA Loans After Unemployment Mortgage GuidelinesJune 30, 2025
  • Manual Underwriting With Late Payments Mortgage Guidelines
    Manual Underwriting With Late Payments Mortgage GuidelinesJune 30, 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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