Texas Housing Market Forecast
This guide will cover the Texas housing market forecast for 2023 going into 2024. The Texas housing market is booming…
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Payment Shock From Paying Rent To New Mortgage Payments
In this blog, we will discuss payment shock from paying rent as a renter to paying a mortgage as a…
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Commission-Income Mortgage Guidelines
Mortgage lenders must adhere to the Ability to Repay (ATR) rule when underwriting. That means they must make sure that borrowers can afford the loan before they approve it.
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Fannie Mae-Freddie Mac Charge-Off Guidelines On Conventional Loans
This blog post will explore the Fannie Mae-Freddie Mac charge-off guidelines applicable to conventional loans. Gustan Cho Associates has recently…
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QC Review Prior Clear To Close During Mortgage Process
In this blog, we will be covering the QC Review Prior Clear To Close During Mortgage Process by some mortgage…
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What Happens If Homeowners Have Job Loss After Mortgage Closing
This article delves into the implications and potential challenges homeowners may face in the unfortunate event of a job loss…
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Jumbo Loan vs Conventional Loan Comparison | Rates and LTV
In this article, we will cover and discuss the comparison between jumbo loan vs conventional loan programs and the differences…
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Non-QM Down Payment Guidelines on Home Purchase
This guide covers non-QM down payment guidelines on home purchase. Non-QM down payment guidelines on home purchase for homebuyers on…
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Mortgage Waiting Period Guidelines After Bankruptcy Dismissal
In this article, we will cover and discuss when you can get a mortgage approval after bankruptcy dismissal. There are…
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Investor Cash-Flow Mortgage For Investment Properties
This guide covers investor cash-flow mortgage for investment properties. Gustan Cho Associates now offers investor cash-flow loan programs on investment…
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Lender Overlays on Credit Tradelines By Underwriters
This guide covers lender overlays on credit tradelines by mortgage underwriters. Do all mortgage companies have lender overlays on credit…
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Debt-To-Income Ratio Limit To Qualify For Mortgage Loan
This GUIDE covers debt-to-income ratio limit to qualify for a mortgage loan. Home loans and debt-to-income ratio limit. Every mortgage…
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Conventional Refinance Loan With No PMI
Homeowners With FHA Loans Should Consider A Conventional Refinance Loan While Mortgage Rates Are At Historic Lows And Avoid Paying FHA MIP. Mortgage rates are at historic lows and many home values have skyrocketed in the past several years. Many homeowners with FHA loans can benefit by refinancing to a conventional mortgage and avoid paying LPMI.
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Home Loan With Job Offer Letter For New Employment
In this blog, we will discuss and cover qualifying for home loan with job offer letter. One of the frequently…
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Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Things To Avoid When Repairing Your Credit For a Mortgage
This guide covers things to avoid when repairing your credit for a mortgage approval. There are things to avoid when…
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VA Loan Denial Due to Overlays
This article covers getting a VA loan denial due to overlays and qualifying with a different lender. In this article,…
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Using Overtime Income To Qualify For Mortgage Loans
Can I Use Overtime Income As Qualified Income To Qualify For A Mortgage? You can use overtime and part-time income as qualified income as long as those other income has been seasoned for at least two years.
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VA Guidelines on Seller Concessions To Cover Closing Costs
This guide covers VA guidelines on seller concessions to cover closing costs. VA loans is hands down the best mortgage…
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Protecting Home With Insurance for Home Appliances
This guide covers protecting home with insurance for home appliances. Insurance for home appliances might be a good idea for…
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Conforming Versus Government-Backed Loans
This article covers Conforming versus government-backed loans. FHA, VA, and USDA loans are called government-backed loans. This is because lenders…
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Bad Credit Mortgages | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Denied For FHA Loan With Good Credit on Home Purchase
This guide covers the frequently asked question can I get denied for FHA loan with good credit on home purchase….
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VA Loans Illinois Bad Credit With No Overlays and High DTI
This article Is about qualifying for VA loans Illinois bad credit with no overlays and high debt-to-income ratio. VA loans…
