Case Scenarios

How Loan Officers Qualify Borrowers And Issue Pre-Approvals This Blog On How Loan Officers Qualify Borrowers And Issue Pre-Approvals Was UPDATED On October 14th, 2018 How Loan Officers Qualify Borrowers: The Pre-Approval Process…

Mortgage Lender Complaints And Bad Reviews By Borrowers This BLOG On Mortgage Lender Complaints And Bad Reviews By Borrowers Was Written By Michael Gracz of Gustan Cho Associates Legitimate Mortgage Lender Complaints And Bad Reviews…

Do I Have To Pay Collections For FHA Loan Do I Have To Pay Collections For FHA Loan? A large percentage of my borrowers are mortgage borrowers who were turned down by other banks and mortgage companies because they had outstanding…

Mortgage Part Of Bankruptcy Case Scenario This Article On Mortgage Part Of Bankruptcy Case Scenario Was Written By Dale Elenteny This story begins around October of 2009. When our mortgage loan borrower married his wife she had already…

Mortgage Blogs By Gustan Cho Mortgage Blogs By Gustan Cho Explained Mortgage Blogs are great informational sources for home buyers looking to see whether they qualify for a home loan and those mortgage borrowers who think they will have…

Florida Attorney Carl Williams: An Attorney You Should Know It is my great pleasure and honor to introduce all of our viewers to my dear friend and the best attorney I know, Florida Attorney Carl Williams as a guest legal writer for Gustan…

Owner Occupant Home Written by Gustan Cho July 6, 2014 Both HUD and Fannie Mae have strict guidelines when it comes to owner occupant financing.  First of all, HUD, the mother of FHA insured mortgage loans, only offers owner occupant…

Down Payment And Closing Costs: Home Purchase Two costs home buyers need to consider when purchasing a new home is the down payment and closing costs.  Depending on the mortgage loan program, there is a minimum down payment required.  For…

FHA Loans: Mortgage Insurance Premium FHA loans are a great mortgage loan product where it is much easier to qualify than conventional loans due to the more lenient mortgage lending guidelines.  Many mortgage loan applicants, especially…