Gustan Cho Associates are mortgage brokers licensed in 48 states based in Oakbrook Terrace, Illinois open for talented experienced individuals looking for careers in the mortgage industry. At Gustan Cho Associates, we only market mortgage loan products that are possible and we are able to do. We are mortgage brokers licensed in 48 states, including Washington DC and Puerto Rico (Not yet licensed in Massachusetts and New York) with lending partnerships with 170 wholesale lenders. The team at Gustan Cho Associates are experts in FHA and VA loans with credit scores down to 500 FICO with zero lender overlays, borrowers during Chapter 13 Bankruptcy repayment, and no waiting period after Chapter 13 Bankruptcy discharge. GCA Mortgage has no lender overlays on government and conventional loans. With our lending partnership with the top 170 wholesale specialty mortgage lenders, we are known by many as a one-stop mortgage shop.

At GCA Mortgage, We Are Able To Do Loans Other Lenders Can’t

Over 75% of Gustan Cho Associates, empowered by NEXA Mortgage, LLC, borrowers are folks who have gotten last-minute mortgage denials or those who were told that they do not qualify by lenders due to their lender overlays or not having a mortgage loan product such as non-QM loans and/or alternative mortgage programs. Gustan Cho Associates (GCA Mortgage) has a national reputation for helping borrowers with less than perfect credit and credit scores qualify for home loans at competitive rates. We are set apart from other lenders because the word NO is non-existent. Most bankers and lenders will tell borrowers who do not qualify for a loan to come back once their credit and credit scores have improved. With our team of professionals at Gustan Cho Associates, we start our relationship with borrowers the minute they make contact with one of our many experienced loan officers.

Traditional and Non-Prime Mortgage Loan Options

Some of our popular mortgage programs besides no lender overlay on FHA, VA, USDA, conventional loans are non-QM and alternative mortgage programs such as no-doc loans, asset-depletion, non-QM loans one day out of bankruptcy and/or foreclosure, mortgages on large acreage parcels, non-QM Jumbo loans for bad credit and low credit scores, mortgages with recent late payments, high-balance mortgages in high-cost areas. fix and flip mortgages, blanket commercial line of credit, DSCR, ITIN, doctor’s loans, homes for police officers/firefighters, commercial loans, and SBA loans. The team at GCA Mortgage is available 7 days a week, late evenings, weekends, and holidays. Visit us at www.gustancho.com and do not hesitate to contact us.

Career Opportunities at Gustan Cho Associates

GCA Mortgage is licensed in 48 states with the exception of NY and MA. We have Remote Loan Officer Career Opportunities at GCA Mortgage. Gustan Cho Associates is hiring remote loan officers nationwide. Here are the bullet points on what we offer:

  • Five-star mortgage broker licensed in 48 states including DC and Puerto Rico
  • No lender overlays on government and conventional loans
  • Full health benefits include medical, dental, vision
  • 401 k available
  • State of the art marketing department custom-tailored to loan officers business model
  • Remote loan officer positions
  • Guaranteed qualified leads
  • We do require at least one-year full-time mortgage loan origination experience
Gustan Cho Associates currently has career opportunities in Oakbrook, Illinois offices as well as offsite satellite locations throughout the continental United States. We are currently accepting applications for the following:
  • Experienced remote mortgage loan officers with at least one year of experience as a full-time mortgage loan originator
  • Team leaders or loan officers who have goals of advancing their careers
  • Sales Managers
  • Branch Managers
  • Mortgage Processors & Branch Support Personnel
  • Independent branch managers starting their own mortgage branch

At Gustan Cho Associates, we are passionate mortgage and real estate professionals with one goal in mind – make our employees, borrowers, and business associates our top priority.

Benefits With Working With Us At Gustan Cho Associates

One of the greatest benefits of working at Gustan Cho Associates is the full marketing and operations support we provide all of our licensed, support, and operations mortgage professionals.

  • We close 100% of all of our pre-approvals
  • All of our pre-approvals are issued after we confirm the file will close
  • A loan officer will never be short of borrowers
  • Our marketing department headed by Chief Operating Officer/Chief Technology Officer Peter Bieda will provide and custom tailor individualized marketing programs to each mortgage professional
  • Our in house web designers/developers, content writers, and marketing support team will custom design and create each loan officer with an optimized website and help brand each loan officer’s names
  • Gustan Cho Associates has nationwide co-branding and co-marketing programs with realtor partners
  • There is no cold calling required
  • Our company does not just offer solid qualified leads, we offer our loan officers borrowers who are exclusive potential homebuyers and homeowners
  • Loan Officers will never have to worry about a lack of work

NEXA Mortgage, LLC dba Gustan Cho Associates

Gustan Cho Associates has a nationwide reputation for not having lender overlays on government and conventional loans. Gustan Cho Associates has a national five-star reputation of being able to close loans where other lenders can’t. Our mission is to help one borrower at a time. Most lenders will tell a borrower who does not qualify to come back a year or two later once their credit improves. Our loan officers will evaluate each borrower’s credit and financial profile. Borrower’s who need some credit fix will be advised and counseled on how to improve and raise their credit scores. One of our experienced mortgage professionals and/or the loan officer will work one on one with borrowers in getting the credit/income ready and meet mortgage guidelines so they are able to qualify for one of our loan programs

Long Term Relationship With Gustan Cho Associates

 Almost every borrower who makes contact with is not just a borrower but a lifelong friend. Our mission and goal are to treat every borrower like family. Borrowers are not like other types of consumers

Borrowers provide our loan officers every bit of personal financial information such as the following:

  • two-year tax returns
  • two years W2s, paycheck stubs
  • bank statements
  • letter of explanations, bankruptcy/foreclosure documents if applicable
  • divorce/alimony paperwork if applicable
  • social security and/or pension awards letter if applicable
  • other extremely private personal information

We realize the importance of the faith and trust our borrowers give us. We do not take the trust given to us by our borrowers. All of our loan officers are committed to being on call 7 days a week. All of our loan officers are available for their borrowers via email, text, or phone call 7 days a week, on evenings, weekends, and holidays. Borrowers who want to be associated with a team of loan professionals where the number one priority, goal, and mission is to give each borrower the best customer quality of service. The best customer satisfaction they have experienced will be a reality at Gustan Cho Associates. Gustan Cho Associates is known by most real estate agents, home buyers, sellers, and mortgage professionals as the lender of choice in the United States.

No Lender Overlays

We have no overlays and go off DU and/or LP FINDINGS. 

The automated approval via the Automated Underwriting System is every borrower’s loan approval as long as borrowers meet all the conditions from the automated findings. Our loan originators are experts on the following loan programs:

  • FHA
  • FHA 203k
  • VA
  • USDA
  • Conventional Mortgages
  • Jumbo Loans
  • Non-QM Loans
  • Bank Statement Loans for self-employed borrowers
  • Non-Warrantable Condos
  • Foreign Nationals
  • Fix and Flip Investment Properties Loans
  • Blanket Commercial Lines Of Credit

A typical home purchase or refinance mortgage loan will close in 30 days or less:

  • Minimum credit scores for 3.5% down payment home purchase FHA loans is 580
  • Mortgage loan officers at Gustan Cho Associates help borrowers with an incredible selection of options when it comes to home financing
  • No appraisal, no credit score, no income verification FHA and/or VA Streamline with no closing costs are one of our most popular loan programs
  • Two-time construction loans
  • Escrow Advance on refinances
  • Over 75% of borrowers at Gustan Cho Associates we represent are folks who could not qualify at other lending institutions due to their lender overlays or last-minute loan denials
  • Gustan Cho Associates’ main goal is to tailor these options to every borrower’s need based on their individual circumstances and goals

Loan Officer Career Opportunities

Job Description

Career-minded individuals seeking career opportunities with a growing team of like-minded professionals, Gustan Cho Associates is the place to start your career with a national five-star direct lender with no overlays. Our mission is to make the dream of homeownership a reality for home buyers. Our goal is to help homeowners refinance their high-interest rate mortgage loans to the lowest rate available.  As long as loan officers have prior sales or management experience or are currently licensed loan originators, we like to hear from our new team members in joining our nationally growing team of mortgage professionals. The ideal candidate will possess a positive, upbeat attitude and the ability to communicate well with those needing assistance in obtaining a home loan. All of our new mortgage originators succeed. A senior mortgage loan officer is assigned to each newer loan officer for training and marketing support. Loan Officers will be assigned loan officer assistants (LOA). This way they can spend more time building their business with realtors and other referral partners

Manager And Team Leaders

Job Description

As a team leader, my responsibility is to train and manage a team of new and experienced loan officers.

Responsibilities of Managers and Team Leaders include hiring and training loan officers with the mortgage process from the following:

  • taking a complete 1003 mortgage application
  • loan officer system
  • running credit and automated underwriting system
  • making sure that the new loan officer understands proper procedures and making sure that the loan officer understand compliance and regulatory guidelines as well as setting goals and tracking individual and team performance
  • Offsite manager and team leader positions are now available throughout the continental United States
  • Current branch managers and/or team leaders with actively licensed loan originators in a state that is not currently licensed by us, contact us and we can get licensed in the state your team is
  • We are an aggressively expanding team of mortgage professionals and are open-minded and are looking for lifelong partners to help us expand our team nationally.

Interested parties should submit their resume to Michael Gracz, National Sales Manager at Gustan Cho Associates, or contact/text Mike at (630) 659-7644 or email Michael Gracz at [email protected]

Sales Managers And Team Leaders Career Opportunities

Applicants for team leaders, sales managers, and branch managers should have at least 3 years of experience in mortgage loan origination, strong communication skills, and be able to manage and be multi-tasked in a fast-paced environment. The ideal candidate will also be familiar with loan origination and automated underwriting software and have experience in leading and coaching a sales team. Please email your resume with a cover letter to Gustan Cho at [email protected] or call 262-716-8151 with any questions. Job applicants may also contact our National Sales Manager Michael Gracz at (630) 659-7644 or email Mike Gracz at [email protected]

Mortgage Loan Processor Career Opportunities

Gustan Cho Associates has mortgage loan processor career opportunities at Illinois branch offices as well as remote loan processor positions. Mortgage loan processor applicants should have at least 3 years of experience processing mortgage loan applications. Applicants should be familiar with processing government loan programs as well as conventional loans, VA Loans, jumbo loans, reverse mortgages, and FHA 203k loans. This is a salary full-time position. Email your resume with a cover letter to Gustan Cho or Michael Gracz at [email protected]

Join Us As A Guest Writer

Our mission at Gustan Cho Associates is to have the nation’s most informative comprehensive website where consumers can visit Gustan Cho Associates and find much-needed information and news about credit, lending, and real estate. Gustan Cho Associates is a realtor partner and loan officer to join us as guest writers where you can publish articles that cover topics in your field of expertise. Our News Letter Subscribers and viewers are consumers, home buyers, home sellers, realtors, attorneys, investors, students, and mortgage professionals such as mortgage loan officers, mortgage processors, and mortgage underwriters. Solicitations for business are not permitted.  Gustan Cho Associates will give guest writers credit for the articles that authors publish. Click the button below to apply for a position, someone from our team will contact you