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Call or Text: (800) 900-8569

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Mortgage & Real Estate News

Home / Mortgage & Real Estate News - Page 52
Buying House Next To Power Lines And How It Affects Resale
Home Purchase | Real Estate Topic | Videos

How Does Buying House Next To Power Lines Affect Resale

ByAlex Carlucci Posted onJanuary 7, 2024July 26, 2024

  This guide covers buying house next to power lines.  Some home buyers will run into their dream home when…

Continue Reading How Does Buying House Next To Power Lines Affect ResaleContinue

Freddie Mac Foreclosure Guidelines on Conventional Loans
Mortgage After Bankruptcy and Foreclosure | Conventional Loans | Videos

Freddie Mac Foreclosure Guidelines on Conventional Loans

ByGustan Cho Posted onJanuary 7, 2024February 27, 2024

This article covers Freddie Mac foreclosure guidelines on Conventional loans. Fannie Mae and Freddie Mac is the nations largest buyers…

Continue Reading Freddie Mac Foreclosure Guidelines on Conventional LoansContinue

Doctor and Medical Professional Mortgage Loans
Doctor and Medical Professional Mortgages | Jumbo Loans | Videos

Doctor and Medical Professional Mortgage Loans

ByGustan Cho Posted onJanuary 6, 2024July 29, 2025

Unlock Your Dream Home with Doctor and Medical Professional Mortgage Loans Are you a medical professional dreaming of buying your…

Continue Reading Doctor and Medical Professional Mortgage LoansContinue

Compensating Factors on Manual Underwriting
Compensating Factors | FHA Loans | Manual Underwriting | VA Loans | Videos

Compensating Factors on Manual Underwriting

ByGustan Cho Posted onJanuary 6, 2024October 8, 2024

Mortgage Underwriters will require one or more compensating factors for borrowers with higher debt to income ratio on manual underwrites to offset the risk of the higher DTI.

Continue Reading Compensating Factors on Manual UnderwritingContinue

Freddie Mac Student Loan Guidelines
Student Loans | Videos

Getting a Mortgage With Student Loans

ByGustan Cho Posted onJanuary 6, 2024July 29, 2025

This guide covers getting a mortgage with student loans with high debt-to-income ratio. Getting a mortgage with student loans can…

Continue Reading Getting a Mortgage With Student LoansContinue

Importance of Job Stability
Income And Employment | Gaps In Employment | Mortgage Processing And Underwriting | Videos

Importance of Job Stability When Buying a House

ByMargarett Jurilla Posted onJanuary 5, 2024July 26, 2024

This guide covers the importance of job stability when buying a house with a mortgage. Income is the most important…

Continue Reading Importance of Job Stability When Buying a HouseContinue

Refer-Eligible per Automated Underwriting System
Automated Underwriting System | Manual Underwriting | Videos

Refer-Eligible Per Automated Underwriting System Findings

ByGustan Cho Posted onJanuary 2, 2024May 2, 2025

This article will cover and discuss refer-eligible per automated underwriting system findings. All mortgage loan applicants need to go through…

Continue Reading Refer-Eligible Per Automated Underwriting System FindingsContinue

How To Study For NMLS Exam And Pass
Career Opportunities/Loan Officer Training

How To Study For NMLS Exam And Pass It The First Time

ByMike Gracz Posted onJanuary 2, 2024July 26, 2024

Embarking on a career in mortgage lending is an exciting endeavor, but before you can fully dive into the industry,…

Continue Reading How To Study For NMLS Exam And Pass It The First TimeContinue

FHA Versus Conventional Mortgage After Bankruptcy
Bad Credit Mortgages | Conventional Loans | FHA Loans | Mortgage After Bankruptcy and Foreclosure | Qualifying & Getting Pre-approved | Videos

FHA Versus Conventional Mortgage After Bankruptcy

ByEric Jeanette Posted onJanuary 1, 2024August 14, 2024

This  guide cover FHA versus conventional mortgage after bankruptcy. There are differences in  when and how you can qualify for…

Continue Reading FHA Versus Conventional Mortgage After BankruptcyContinue

VA Late Payment After Bankruptcy
Mortgage With Late Payments | VA Loans | Videos

VA Late Payment After Bankruptcy Guidelines on VA Loans

ByGustan Cho Posted onDecember 31, 2023July 26, 2024

This guide covers VA late payment after bankruptcy mortgage guidelines on VA loans. VA loans were created and implemented to…

Continue Reading VA Late Payment After Bankruptcy Guidelines on VA LoansContinue

Mortgage Rates After Bankruptcy On Government And Conventional Loans
Bad Credit Mortgages

Mortgage Rates After Bankruptcy

ByGustan Cho Posted onDecember 30, 2023August 21, 2025

This guide covers mortgage rates after bankruptcy on government and conventional loans. There are loan level pricing adjustments (LLPA) charged…

Continue Reading Mortgage Rates After BankruptcyContinue

Homeowner Tax Benefits On Home Purchase Versus Renting
Bad Credit Mortgages

Homeowner Tax Benefits Versus Renting

ByAlex Carlucci Posted onDecember 30, 2023July 26, 2024

This guide covers homeowner tax benefits versus renting. There are so many advantages of buying versus renting a home. One…

Continue Reading Homeowner Tax Benefits Versus RentingContinue

How Lender Overlays Prevent Mortgages
Mortgage Lender Overlays

How Lender Overlays Prevent Mortgages For Homebuyers

ByAlex Carlucci Posted onDecember 29, 2023July 25, 2025

This  guide covers how lender overlays prevent mortgages for homebuyers. The Federal Reserve Board announced that almost a third of…

Continue Reading How Lender Overlays Prevent Mortgages For HomebuyersContinue

Buying House During Off Season
Home Purchase | Real Estate Topic | Videos

Buying House During Off Season

ByAlex Carlucci Posted onDecember 29, 2023July 26, 2024

This guide covers buying house during off season. You might have heard that there is not much of a supply…

Continue Reading Buying House During Off SeasonContinue

How Long is a Pre-Approval Valid
Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

How Long is a Pre-Approval Valid When Shopping For a Home

ByGustan Cho Posted onDecember 28, 2023July 26, 2024

This guide cover how long is a pre-approval valid when shopping for a home. A pre-approval letter is a ticket…

Continue Reading How Long is a Pre-Approval Valid When Shopping For a HomeContinue

How Credit Scores Affect Conventional Loans Mortgage Rates
Videos

How Credit Scores Affect Conventional Loans

ByGustan Cho Posted onDecember 27, 2023July 26, 2024

This  guide covers how credit scores affect conventional loans. Two of the most popular mortgage loan programs today are FHA…

Continue Reading How Credit Scores Affect Conventional LoansContinue

How To Become a Real Estate Agent
Career Opportunities/Loan Officer Training | Videos

How To Become a Real Estate Agent in Today’s Market

ByMargarett Jurilla Posted onDecember 27, 2023July 26, 2024

This guide covers how to become a real estate agent in today’s competitive housing market. A career in real estate…

Continue Reading How To Become a Real Estate Agent in Today’s MarketContinue

Homeowners Insurance Deductibles
Homeowners Insurance | Real Estate Topic | Videos

How Homeowners Insurance Deductibles Work

ByMargarett Jurilla Posted onDecember 24, 2023January 16, 2025

This guide covers how homeowners insurance deductibles work. Homeowners insurance deductibles used to be straightforward. It was the dollar amount…

Continue Reading How Homeowners Insurance Deductibles WorkContinue

How To Cancel PMI
Mortgage Insurance | Videos

How To Cancel PMI on Conventional Loans For Homeowners

ByGustan Cho Posted onDecember 22, 2023October 9, 2024

This guide covers how to cancel PMI on conventional loans for homeowners. Mortgage insurance is required on FHA, USDA, and…

Continue Reading How To Cancel PMI on Conventional Loans For HomeownersContinue

Importance of Debt-to-Income Ratio In Mortgages
High Debt To Income Ratio | Videos

The Importance of Debt-To-Income Ratio in Mortgages

ByGustan Cho Posted onDecember 20, 2023July 26, 2024

This guide covers the importance of debt-to-income ratio in mortgages. Borrowers need to keep in mind the importance of debt-to-income…

Continue Reading The Importance of Debt-To-Income Ratio in MortgagesContinue

Written Payment Agreements With Creditors
Charge Off Accounts | Collection Accounts | FHA Loans | Videos

Written Payment Agreements With Creditors

ByGustan Cho Posted onDecember 18, 2023December 19, 2023

This guide covers setting up written payment agreements with creditors and collection agencies so you can qualify and get pre-approved…

Continue Reading Written Payment Agreements With CreditorsContinue

VA Loans During Chapter 7 Versus 13 Bankruptcy
Mortgage After Bankruptcy and Foreclosure | VA Loans | Videos

VA Loans During Chapter 7 Versus 13 Bankruptcy

ByGustan Cho Posted onDecember 18, 2023February 11, 2025

In this blog, we will cover and discuss the agency mortgage guidelines from the U.S. Department of Veterans Affairs for…

Continue Reading VA Loans During Chapter 7 Versus 13 BankruptcyContinue

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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 vs Conventional Cash-Out Refinance
    FHA vs Conventional Cash-Out Refinance Mortgage LoansSeptember 8, 2025
  • What Lenders Want to See in a Borrower
    What Lenders Want to See in a Borrower for Fast ApprovalSeptember 8, 2025
  • VA Refinance Guidelines
    VA Refinance Guidelines For IRRRL and Cash-Out RefinanceSeptember 8, 2025
  • Best Bad Credit Mortgage Lenders in Alaska
    Best Bad Credit Mortgage Lenders in Alaska For Low ScoresSeptember 7, 2025

DTI Calculators

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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
    • DACA Mortgage Loans
    • 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
      • ITIN Mortgage Loans
      • 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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