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Gustan Cho Associates
  • About UsExpand
    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner NetworkExpand
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of MortgagesExpand
    • PurchaseExpand
      • Home Purchase Loans
      • Investment Property Loan
    • RefinanceExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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
  • CareersExpand
    • Can Realtors Be MLOs At The Same Time
    • Career OpportunitiesExpand
      • Training a New Mortgage Loan Officer Without Any Experience
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    • How Do I Become A Mortgage Loan Officer
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Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

Gustancho Associates

Mortgage & Real Estate News

Home / Mortgage & Real Estate News - Page 56
Alternative Lending & NON-QM Mortgage Guidelines
Bank Statement Loans | Doctor and Medical Professional Mortgages | No-Ratio Mortgage Loans | NON-QM Loans | Videos

Alternative Lending Mortgage Options For Bad Credit

ByGustan Cho Posted onJanuary 25, 2023July 24, 2024

Thanks to alternative lending mortgage options, homebuyers who could not qualify for government and conventional loans can now qualify for…

Continue Reading Alternative Lending Mortgage Options For Bad CreditContinue

Washington DC Lenders
High-Balance Mortgage Loans | Home Mortgages | Investment Homes | NON-QM Loans | Videos

Washington DC Lenders For Traditional and Non-QM Mortgages

ByMike Gracz Posted onJanuary 23, 2023July 29, 2025

In this blog, we will cover and discuss the top-rated five-star Washington DC lenders for traditional and non-QM mortgages who…

Continue Reading Washington DC Lenders For Traditional and Non-QM MortgagesContinue

Conventional Loan Guidelines
Conventional Loans

Conventional Loan Guidelines For Mortgage Borrowers

ByGustan Cho Posted onJanuary 15, 2023February 13, 2025

This article will cover the conventional loan guidelines for mortgage borrowers on primary, second, and investment homes. Borrowers needing Conventional…

Continue Reading Conventional Loan Guidelines For Mortgage BorrowersContinue

Lowest Credit Score Allowed For Mortgage Approvals depends on the individual loan program
Bad Credit Mortgages | Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

Lowest Credit Score Allowed For Mortgage Approvals

ByGustan Cho Posted onJanuary 9, 2023October 9, 2024

This guide covers what is the lowest credit score allowed for mortgage approvals. The team at Gustan Cho Associates gets…

Continue Reading Lowest Credit Score Allowed For Mortgage ApprovalsContinue

More Homeowners Fleeing Illinois
Bad Credit Mortgages | Home Mortgages | Home Purchase | Home Sellers | Property Taxes | Real Estate Topic | Resources | Selling Your Home | Videos

More Homeowners Fleeing Illinois Than Any Other State

ByAnngelli Abenes Posted onJanuary 7, 2023August 12, 2025

In this article, we will discuss why More Homeowners Fleeing Illinois Than Any Other State in the nation. Illinois is…

Continue Reading More Homeowners Fleeing Illinois Than Any Other StateContinue

Three Marketing Ideas For Mortgage Loan Originators
Career Opportunities/Loan Officer Training

Three Simple Marketing Ideas For Mortgage Loan Officers

ByMike Gracz Posted onJanuary 6, 2023July 29, 2025

This article will discuss three simple marketing ideas for mortgage loan originators. Buying a house can be stressful, particularly for…

Continue Reading Three Simple Marketing Ideas For Mortgage Loan OfficersContinue

Buying a House in Alaska
Bad Credit Mortgages | Bank Statement Loans

Buying a Home in Alaska With Low FICO Scores and Poor Credit

ByGustan Cho Posted onJanuary 5, 2023July 23, 2024

This article will cover buying a home in Alaska with bad credit. Buying a home in Alaska with bad credit…

Continue Reading Buying a Home in Alaska With Low FICO Scores and Poor CreditContinue

Choosing The Right Lender
Mortgage Lender Overlays | Bad Credit Mortgages | Home Mortgages | Videos

Choosing The Right Lender To Get a Mortgage Loan Approval

ByAlex Carlucci Posted onDecember 10, 2022July 23, 2024

In this blog, we will cover choosing the right lender for a mortgage loan approval. Choosing The Right Lender with…

Continue Reading Choosing The Right Lender To Get a Mortgage Loan ApprovalContinue

Credit Card Balance vs Credit Scores
Re-Establishing Credit | Credit Scores | Mortgage Rates | Videos

The Correlation Between Credit Card Balance vs Credit Scores

ByGustan Cho Posted onDecember 9, 2022July 23, 2024

In this article, we will cover the correlation between credit card balance vs credit scores. There are mortgage guidelines on…

Continue Reading The Correlation Between Credit Card Balance vs Credit ScoresContinue

Overlays With FHA Loans
FHA Loans | Mortgage Lender Overlays | Videos

Overlays With FHA Loans By Mortgage Lenders

ByGustan Cho Posted onDecember 9, 2022September 23, 2024

This blog will cover overlays with FHA loans compared to HUD agency guidelines. FHA loans are the most popular home…

Continue Reading Overlays With FHA Loans By Mortgage LendersContinue

Using Secured Credit Cards To Raise Credit Scores
Re-Establishing Credit | Secured Credit Cards

Using Secured Credit Cards To Improve Scores For Mortgage

ByGustan Cho Posted onDecember 5, 2022July 23, 2024

The best and easiest way to rebuild and re-establish credit to qualify for a mortgage is using secured credit cards…

Continue Reading Using Secured Credit Cards To Improve Scores For MortgageContinue

The Importance of Credit Scores For Home Loans
Credit Scores

The Importance of Credit Scores For Home Loans

ByMike Gracz Posted onNovember 6, 2022July 23, 2024

If you are in the market for a mortgage loan, you know the importance of credit scores for home loans…

Continue Reading The Importance of Credit Scores For Home LoansContinue

Job Interview
Career Opportunities/Loan Officer Training

Mastering a Job Interview For Mortgage Loan Officers

ByGustan Cho Posted onOctober 26, 2022July 29, 2025

In this blog, we will cover and discuss mastering a job interview for mortgage loan officers. In the job world…

Continue Reading Mastering a Job Interview For Mortgage Loan OfficersContinue

Mortgage Rates Versus Housing Prices
Bad Credit Mortgages

Today’s Surging Mortgage Rates Versus Housing Prices

ByMike Gracz Posted onOctober 25, 2022July 23, 2024

In this blog, we will be comparing the skyrocketing mortgage rates versus housing prices. We will cover the forecast of…

Continue Reading Today’s Surging Mortgage Rates Versus Housing PricesContinue

Mortgage Due-on-Sale Clause
Home Mortgages | Real Estate Topic | Reverse Mortgages

Mortgage Due-on-Sale Clause When You Inherit a House With a Lien

ByMike Gracz Posted onOctober 24, 2022July 23, 2024

In this blog, we will cover the mortgage due-on-sale clause when you inherit a house with a lien. If you…

Continue Reading Mortgage Due-on-Sale Clause When You Inherit a House With a LienContinue

Using Non-QM Loans After Being Denied
NON-QM Loans

Using Non-QM Loans After Being Denied For a Mortgage

ByAlex Carlucci Posted onOctober 18, 2022July 29, 2025

In this blog, we will cover using non-QM loans after being denied a traditional mortgage or because the other lender…

Continue Reading Using Non-QM Loans After Being Denied For a MortgageContinue

FHA Jumbo Lenders in Hawaii
FHA Loans | Jumbo Loans

FHA Jumbo Lenders in Hawaii For High-Balance Loans

ByAlex Carlucci Posted onOctober 16, 2022April 22, 2024

In this blog, we will cover and discuss qualifying for a high-balance FHA loan with FHA Jumbo Lenders in Hawaii…

Continue Reading FHA Jumbo Lenders in Hawaii For High-Balance LoansContinue

FHA Loan With Bad Credit Versus Late Payments
FHA Loans

FHA Loan With Bad Credit Versus Late Payments

ByGustan Cho Posted onOctober 15, 2022July 23, 2024

There is a major difference in qualifying for an FHA Loan With Bad Credit Versus Late Payments. FHA loans are…

Continue Reading FHA Loan With Bad Credit Versus Late PaymentsContinue

The Equity Release Scheme
Home Purchase

How Does The Equity Release Scheme Work For Homeowners

ByMargarett Jurilla Posted onOctober 4, 2022March 5, 2025

In this blog, we will cover and discuss the equity release scheme mortgage option for senior homeowners. We will be…

Continue Reading How Does The Equity Release Scheme Work For HomeownersContinue

Gustan Cho Associates are experts in helping borrowers qualify for VA loans with no lender overlays
VA Loans

Buying A Home With A VA Loan With No Money Down

ByMike Gracz Posted onSeptember 20, 2022July 28, 2025

In this blog, we will cover and discuss buying a home with a VA loan with no money down. If…

Continue Reading Buying A Home With A VA Loan With No Money DownContinue

Underwriters Conditions
Home Mortgages | Videos

Conditional Mortgage Approval Versus Pre-Approval

ByAlex Carlucci Posted onSeptember 2, 2022October 8, 2024

In this blog, we will be covering the difference between conditional mortgage approval versus pre-approval during the mortgage process. There…

Continue Reading Conditional Mortgage Approval Versus Pre-ApprovalContinue

Importance of Home Inspection
Videos | Home Purchase

Home Inspection on Purchase Versus a Real Estate Appraisal

ByGustan Cho Posted onAugust 17, 2022March 5, 2024

Home inspections are not required. Home Appraisals are required by lenders. However, a home inspection is highly recommended and worth the investment for homebuyers.

Continue Reading Home Inspection on Purchase Versus a Real Estate AppraisalContinue

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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

  • Recent Increase In Income
    How is Recent Increase in Income Viewed by UnderwritersAugust 12, 2025
  • Mortgage Approval with 580 FICO Credit Score
    Mortgage Approval With 580 FICO Credit ScoreAugust 12, 2025
  • Refinance Mortgage Guidelines
    Refinance Mortgage GuidelinesAugust 12, 2025
  • Illinois versus Indiana Property Tax Comparison
    Illinois versus Indiana Property Tax ComparisonAugust 12, 2025

DTI Calculators

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Subsidiary Sites

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Resources

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  • How To Increase FICO Scores For a Mortgage
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  • GCA Approves When Others Can’t
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  • How To Un-Freeze a Credit File?
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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