Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
ByAnngelli Abenes
Posted on
The Department of Veterans Affairs has lowered the maximum loan to value on cash-out refinance VA loans from 100% LTV to 90% LTV. This was brought on by the VA due to the booming housing market nationwide. HUD, the parent of FHA, also lowered the cash-out loan to value on FHA loans from 85% to 80% LTV.
ByAnngelli Abenes
Posted on
Are you new to condo living? Or thinking about getting a condo for your family because of a job move? It’s good to get the inside scoop on what condo living is like. This easy guide has all the basics, plus some important do’s and don’ts, to help make moving into a condo a breeze…
ByAnngelli Abenes
Posted on
Are you feeling overwhelmed managing several debt payments every month? If your home doesn’t hold much value but you’re looking for an easy way to combine your debts, a NON-QM 95% LTV debt Consolidation Refinance is what you need. This guide is here to make it simple for you to get all the details about…
ByAnngelli Abenes
Posted on
In this blog, we will discuss the rules for getting an FHA loan in Maryland when paying back debt under Chapter 13 Bankruptcy. If you’re buying a house or already own one, you can still qualify for an FHA loan even if you’re in the middle of your repayment plan, approved by a trustee. You…
ByAnngelli Abenes
Posted on
In this guide, we’ll explain everything you need to know about FHA appraisal guidelines and what your home needs to check off the list for 2024 FHA loans. We’ll also examine how these FHA appraisal guidelines compare to regular loan appraisals and point out what’s different. This is made to make things clearer for those…
ByAnngelli Abenes
Posted on
Want to know about Non-QM cash-out refinance mortgage? If you’re a homeowner who wants to use your home’s value to get some cash, or if your financial situation is a bit different, this guide is perfect for understanding all you need to know about Non-QM cash-out refinance mortgages in 2024. What is a Non-QM Cash-Out…
ByAnngelli Abenes
Posted on
Today, an FHA cashout refinance mortgage loan can be a great option if you own a home and want to improve your financial situation. Let’s break down what this is all about, including its perks, who can get it, how to apply, the interest rates, the terms, and everything else you might want to…
ByAnngelli Abenes
Posted on
A cash-out refinance mortgage allows homeowners to use the value they’ve built up in their house. It means getting a new mortgage bigger than the one you already have, and you get the extra money in cash. This guide will show you all you need to understand about cash-out refinance mortgages in 2024. You’ll learn…
ByAnngelli Abenes
Posted on
Are you looking for a big loan while running your own business? You’re in the right spot. Getting a big mortgage, called a jumbo mortgage, can be tough without regular paychecks like other workers get. Right after the 2008 Real Estate and Credit Meltdown, self-employed home buyers had a difficult time trying to qualify for…
ByAnngelli Abenes
Posted on
If you’re considering buying a house and need a loan, getting the lowdown on the main types of loans is super important. Let’s talk about the difference between conventional loans versus FHA loans. People in the United States consider these two main options when they need money to buy a home. Each type of loan…
ByAnngelli Abenes
Posted on
Many people reestablish themselves sooner than others after bankruptcy and foreclosure. These folks can qualify for a mortgage sooner than the mandatory waiting period on government and conventional loans. Gustan Cho Associates has non-QM loans one day out of bankruptcy and foreclosure with a 30% down payment.
ByAnngelli Abenes
Posted on
Starting Mortgage Net Branches Starting a mortgage net branch is a great career step for loan officers who are already producing good results and want to take their career to the next level. A mortgage net branch is a smaller, separate office that’s part of a bigger mortgage company. This branch operates under the larger…
ByAnngelli Abenes
Posted on
A career that helps people acquire their dream homes. Have you ever considered that? Being a mortgage loan officer is just that, and it’s full of opportunities to grow and be successful. But before you jump into this career, there’s a path you need to follow to get licensed. Many folks looking to start in…
ByAnngelli Abenes
Posted on
Buying a home represents a significant achievement in one’s life that many high school graduates might view as somewhat of an elusive dream, particularly given their limited work experience at this stage. However, armed with the right information and insightful guidance, even those freshly out of high school can skillfully navigate the mortgage process. This…
ByAnngelli Abenes
Posted on
Buying foreclosure can be a smart move if you want to own a property for less than its market rate. The key to maximizing this opportunity is pairing it up with the advantages of an FHA 203k renovation loan. This comprehensive guide is designed to help you get familiar with the ins and outs of…
ByAnngelli Abenes
Posted on
Navigating a Seller’s Market When Buying a Home When you are interested in buying a home in a sellers market, you’re stepping into a highly competitive arena. Imagine a situation where there are a lot more people looking to buy houses than there are houses for sale. This scenario drives up the prices of homes…
ByAnngelli Abenes
Posted on
Thinking about buying house on main road requires careful consideration of various aspects. This choice can significantly affect your everyday life, the worth of your property, and its future selling potential. It’s essential to look closely at what living in such a location means to ensure you’re making a smart choice. When buying a house…
ByAnngelli Abenes
Posted on
Comprehensive Guide to TSAHC DPA Mortgage Program for Texas Homebuyers Exciting news for everyone looking to buy a home in Texas! Gustan Cho Associates is thrilled to announce that we’re now part of the TSAHC DPA Mortgage program. For those who might not be familiar, TSAHC DPA Mortgage stands for Texas State Affordable Housing Corporation…
ByAnngelli Abenes
Posted on
When it comes to getting home loans, buyers sometimes need extra support to qualify for their dream home. This is exactly when bringing in a non-occupying co-borrower can make a huge difference. If you’re stepping into the housing market for the first time, or even if you’re well-versed in real estate dealings, it’s crucial to…
ByAnngelli Abenes
Posted on
Is it possible to get a mortgage with a recent eviction? It’s a common worry – can someone get a mortgage if they’ve just faced eviction? If you’re in this boat, you’re definitely not sailing alone. At Gustan Cho Associates, it’s a question that often lands in our inbox. The uplifting news here is that,…
ByAnngelli Abenes
Posted on
Looking for the best Minnesota mortgage lenders for bad credit might seem daunting, but it doesn’t have to be. If you’ve faced rejection because of a low credit score or are just starting to explore your mortgage options, this detailed guide is here to light the way. It’s designed to break down the process…
CALL NOW