Contact Us | Get Pre-Approved

80% of our borrowers who contact us at Gustan Cho Associates have gotten last-minute mortgage denials from other lenders or were told they could not qualify due to their lender overlays. Other borrowers were referred to us because they had no luck finding a mortgage lender with the mortgage loan program they were looking for. Many could not find a niche lender with mortgage loan products such as non-QM loans and/or alternative mortgage programs.

Gustan Cho Associates has a national reputation for offering mortgage loans that other lenders cannot. The team at Gustan Cho Associates is an expert in helping borrowers with credit scores down to 500 FICO.

Contact us. We can help borrowers who could not qualify at other lenders due to the lender having overlays or because the borrowers are folks who have gotten last-minute mortgage denials. Gustan Cho Associates, empowered by NEXA Mortgage, LLC, NMLS 16660690, are mortgage advisors licensed in 49 states, including Washington, DC, Puerto Rico, and the United States Virgin Islands.

How To Contact Us To Get Pre-Approved The Same Day

Important Links:

• Talk To a Loan Officer
• Get Pre-Approved
• Order Credit Report

In this section, we will streamline contacting us, getting qualified, getting pre-approved, and starting the home-buying process. We have made the mortgage process simple with no stress. First, mortgage loan applicants must talk with a loan officer by calling 1-800-900-8569. Or text us at 262-716-8151 for a faster response. You can email us at gcho@gustancho.com. If it is easier for you, you can request an appointment by completing this form Talk To a Loan Officer.

Mortgage loan applicants can get pre-approved in one day by completing the Talk To a Loan Officer, Get Pre-Approved, and Order My Credit Report links. Gustan Cho Associates has no lender overlays and closes 100% of our pre-approvals.

If you have a preference for the loan officer you want to work with, you can click this link Meet Our Team for a directory of our support and licensed personnel. The first step of the qualification and the pre-approval process is a one-on-one confidential interview with a licensed loan officer. The loan officer will ask you certain qualifying questions with regard to the type and price of the home you want to purchase, your credit and payment history, income and employment, assets, and debts.

Get Pre-Approved 

After you have had an interview with a loan officer, the loan officer will direct you to the Get Pre-Approved link, which is the official mortgage loan application. You will be directed to the Get Pre-Approved link if the loan officer feels you are qualified after the one-on-one interview.

If you have any questions while completing the Get Pre-Approved link, please get in touch with your loan officer or our branch operations department at 262-716-8151 or email us at gcho@gustancho.com.

You can also text us at 262-716-8151 for a faster response. On the same link, once you complete the Get Pre-Approved link, there is a section for you to download the supporting documents, which will be required for a solid pre-approval. You can also email the following documents if you are downloading it. Here are the documents required for your pre-approval:

• Driver’s License (cell phone picture or clear scan/copy is acceptable)
• W-2’S, 1099’S, OR K-1’S – Last two years (all pages and schedules)
• Tax Returns – Last two years (all pages and schedules)
• Paystubs (most recent 30 days)
• Current Mortgage Statement
• Homeowners Insurance 
• HOA Payment Voucher- If no HOA just say, “no”
• Previous Title Company Information – I would like to save you some fees by going with the same title company.

Assets:

• Checking
• Savings
• Investment Statements;
  (The most recent 60 days – all pages, no redacting; Be prepared to explain and source non-payroll deposits.)

Order Credit Report To Run The Automated Underwriting System

Gustan Cho Associates has no lender overlays on government and conventional loans. While most lenders have two tiers of the mortgage approval process (AUS approval and lender overlays), Gustan Cho Associates just go off the automated underwriting system findings.  Once you have approve/eligible per the automated underwriting system, you can bank on closing the mortgage loan.

To run the automated underwriting system, we need you to Order Your Credit Report by clicking the Order Credit Report link.

Once you pay the fees and run your credit report, we will get alerted. Once alerted, your loan officer will review your credit report and run your loan application along with your tri-merger credit report through the automated underwriting system (AUS).

Contact Us at Gustan Cho Associates to Qualify and Get an Official Pre-Approval Letter

Once you have an approve/eligible per the automated underwriting system, your loan officer will issue a pre-approval letter. With a pre-approval letter, you will be able to shop for a home and enter into a real estate purchase contract. Make sure you have your real estate agent reach out to your loan officer to discuss having the home seller give you seller concessions to offset closing costs on your home purchase.

Gustan Cho Associates Says Yes When Other Lenders Say NO

Gustan Cho Associates are mortgage advisors licensed in 48 states, including Washington, DC, Puerto Rico, and the U.S. Virgin Islands. We have a national reputation for having every mortgage loan program in today’s marketplace. Borrowers 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 can rest assured the team at Gustan Cho Associates can help them.

Gustan Cho Associates has a national reputation for helping borrowers with less-than-perfect credit and credit scores qualify for home loans. 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.

Out Team at Gustan Cho Associates

Our loan officers will help each borrower with analyzing their credit and income profile. The assigned loan offer will discuss with the borrower which loan program is best. It is not IF you will qualify for a home loan but rather WHEN you will close on your home loan. Gustan Cho Associates has a network of 280 wholesale mortgage lenders.

Not only do we have a national reputation for being a five-star mortgage lender with no lender overlays on government and conventional loans, but we have hundreds of non-QM and alternative financing loan programs.

The minimum credit score required to qualify for a 3.5% down payment home purchase FHA Loan is 580. HUD allows borrowers with under 580 credit scores and down to a 500 FICO with a 10% down payment. Many lenders will have lender overlays on government and conventional loans and will not want to touch any loan applicants with under a 580 credit score. This holds true even though the borrower meets the minimum agency mortgage guidelines.

National Reputation of Being Able to do Loans Other Lenders Cannot Do

At Gustan Cho Associates, we handle borrowers with credit scores down to 500 FICO. Outstanding collection and charge-off accounts do not have to be paid. No overlays between government and conventional loans. Gustan Cho Associates will originate and close on FHA, VA, USDA, and conventional loans with zero lender overlays.

Gustan Cho Associates has over 280 wholesale lending relationships so getting a loan program best suited for you is not an issue.

On government and conventional loans, we will just go off the minimum agency mortgage guidelines.  HUD allows front-end debt-to-income ratios at 46.9% and back-end at 56.9% DTI on borrowers with at least 620 FICO credit scores to get an approve/eligible per automated underwriting system findings approval. There is no minimum credit score requirement on VA loans. Our team at Gustan Cho Associates has done thousands of VA loans with credit scores down to 500 FICO and debt to income ratio of over 60% DTI.

What Makes Gustan Cho Associates Unique and Special Than Other Lenders

NEXA Mortgage, LLC NMLS 1660690 is licensed in 49 states with its corporate headquarters in Chandler, Arizona. Gustan Cho Associates empowered by NEXA Mortgage LLC is based in Oakbrook Terrace, Illinois NMLS 2315275.

Unlike other mortgage lenders, Gustan Cho Associates offers government and conventional loans with no overlays, non-QM loans for primary and investment properties, and commercial loans.

Any loan program in today’s marketplace, you can rest assured Gustan Cho Associates offers it. Gustan Cho Associates are mortgage advisors through NEXA Mortgage and mini-correspondent lenders through AXEN Mortgage. Gustan Cho Associates has the ability to broker non-QM and alternative mortgage loan programs with the 280 wholesale lenders we are associated with. We have hundreds of non-QM mortgage loan programs through our lending partnerships with non-QM wholesale lenders.

Gustan Cho Associates | One-Stop Mortgage Shop Licensed in 48 States

If there is a mortgage product in today’s marketplace, you can count on Gustan Cho Associates having it to offer our clients. Over 80% of our borrowers are folks who could not qualify at other mortgage companies or got a last-minute mortgage loan denial.

The team at Gustan Cho Associates are experts in helping borrowers with prior bad credit, credit scores down to a 500 FICO, late payments, manual underwriting, outstanding collections, and charged-off accounts.

Gustan Cho Associates offers non-QM and alternative loan programs such as no-doc home loans, bank statement loans, asset depletion, non-QM loans one day out of bankruptcy and/or foreclosure, fix and flip loans, and dozens of other alternative mortgage loan programs for owner-occupant primary homes, second homes, and investment properties.

USEFUL LINK: Best Wholesale Mortgage Lenders For Non-Prime Loans

Contact Us Today: Our Mission At Gustan Cho Associates

If you’re considering buying a home, getting a pre-approval mortgage is a great first step. At Gustan Cho Associates, we make this process quick, easy, and stress-free. By getting in touch on our Contact Us Page, you can see how much you can borrow and then confidently hunt for your dream house. In this post, we’ll explain why contacting us is the smartest way to start, what pre-approval can do for you, and how we’re different in the mortgage world.

Why Gustan Cho Associates Should Be Your Mortgage Partner

When you reach out, you’re teaming up with a reputable lender who knows home loans’ ins and outs. Here are the top reasons to choose us:

• Expert Advice: Our licensed loan officers know all the popular loan types:
• FHA, VA, USDA, and non-QM.
• They’ll find the option that best suits your situation.
• Custom Fit: No two borrowers are the same, and we get that. First-time buyers, clients with credit bumps, and self-employed workers get plans designed specifically for them.

Fast Approvals Give You the Edge

Connect with us to get mortgage pre-approval almost instantly! A quick “yes” from us puts you ahead of other buyers in the fast-moving housing market.

Standard Guidelines Mean Fewer Stumbling Blocks

There are no unnecessary lender rules! We follow the basic agency guidelines, so cases with tricky income types or credit quirks still get the green light.

Jump in! Contact us now to earn your pre-approval and start your journey to the front door of your new home!

What’s Pre-Approval, Anyway?  

Pre-approval means the lender promises to give you money to buy the home, up to a certain amount, after a final check. At Gustan Cho Associates, your journey begins when you reach out. We look into a few areas, starting with:

Credit Score

We scan your credit to match you with the best mortgage types.

• Income and Job: We check your income and length of employment to ensure that the mortgage fits your budget.
• Debt-to-Income Ratio (DTI): We calculate your debts against your income, keeping you safe.
• Down Payment and Assets: We confirm you have money saved for the down payment and closing costs, so there are no surprises later.

Once you’re pre-approved, you’ll get a pre-approval letter. This letter adds muscle to your offer when you start bidding on homes. It tells sellers you’re serious, backed by a lender, so your offer catches their eye first.

Why Talk to Us for Your Pre-Approval?

Talking to us about your pre-approval comes with a bunch of rewards:

• See Your Budget Up Front: You’ll figure out the exact price range that’s safe for you, letting you look only at homes you can afford.
• Make Stronger Offers: Pre-approved buyers get the red-carpet treatment from sellers and agents, which can swing the deal your way in a crowded market.
• Close Faster: Since we’ve already checked your info, the mortgage process speeds up, and you can move into your new home sooner.
• Shop with Confidence: With that letter in your pocket, you’ll know your financing is sorted, so you can focus on finding the perfect home.

Contact Us to Get Pre-Approved Right Now

Don’t put this off. Contact us now to get your pre-approval and start your home-buying journey with certainty!

How to Reach Us

Starting with Gustan Cho Associates is a piece of cake. Here’s what you need to do:

• Visit Our Contact Us Page: Go to our website and fill out the Contact Us form.
• Share your name, email, phone number, and a quick note about what mortgage assistance you’re looking for.

Steps to Get Your Home Loan Pre-Approval  

Speak with a Loan Officer  

An expert loan officer will soon call you to discuss your goals, clarify questions, and lead you through the pre-approval journey.

Submit Documentation

Share your pay stubs, tax returns, bank statements, and ID. These documents help us finish your pre-approval application.

Receive Your Pre-Approval Letter

After a quick review, we’ll send you the pre-approval letter. Use this to start shopping for your new dream home with confidence.  Our friendly team is here to help you at every stage. Reach out to us now for your pre-approval, and let the journey to homeownership begin!

Why Pre-Approval Is a Must in Today’s Market  

In the fast-moving housing market, getting pre-approved is essential. Here’s why you can’t skip this step:

Home Prices Keep Going Up

When prices are climbing, pre-approved means you can make a strong offer when you spot the house you want.

Homes Receive Multiple Offers

Many buyers are also looking. A pre-approval letter proves to sellers that you’re serious and already qualified, which can make your offer stand out.

Close on Time Without Worries

Because you’ve already done most of the paperwork, the loan process moves smoothly, reducing surprises at the finish line and helping you close on schedule.

When you reach out to Gustan Cho Associates and ask for pre-approved, you immediately put yourself ahead of most buyers in today’s housing market.

Who Should Get Pre-Approved With Us?

We serve a wide variety of borrowers here at Gustan Cho Associates. You can get pre-approval if you fit any of these profiles:

• A first-time buyer wants hard-to-beat loan options, like FHA or USDA mortgages.
• A veteran or active-duty service member is ready to use a VA loan with no down payment.
• A self-employed worker looking for a non-QM or bank statement loan.
• A borrower with credit challenges who needs flexible options.
• An investor who needs financing for rentals or flips.

Whatever your story, our loan officers can guide you. Reach out today to explore options and lock in your pre-approval!

Pre-Approval Questions We Hear a Lot

How fast can I get pre-approved?

Once you contact us and email the needed documents, the process usually takes 24 to 48 hours.

Will pre-approval hurt my credit?

Credit will be checked in a hard inquiry, which can lower your score. Usually, the drop is tiny and short-lived, especially since a solid pre-approval helps you negotiate the best deal on a mortgage.

Is Pre-Approval the Same as Final Approval

Not at all! Pre-approval is just the first green light based on the data you provide. The final thumbs-up happens after the full underwriting. That means the home gets appraised and any last conditions are satisfied before the OK is given.

What Documents Do I Need for Pre-Approval?

To get the ball rolling, you’ll need a few documents: proof of income like recent pay stubs and W-2s, bank statements, a valid ID, and a full list of your debts and assets. Don’t worry—our team will walk you through the list step by step. Just give us a shout!

Still Have Questions?

Contact us today, and the experts at Gustan Cho Associates will provide the fast, clear answers you need to secure your pre-approval.

What Makes Gustan Cho Associates Different?

At Gustan Cho Associates, customer satisfaction is non-negotiable, and honesty is the only policy. Here’s why more borrowers choose us:

• Nationwide Reach: Our mortgage services are available in multiple states.
• That means you can contact us and start the pre-approval process no matter where you are in the country.
• Wide-Open Options: Conventional, VA, FHA, and more.
• Our team crafts the mortgage program that works best for you.
• Round-the-Clock Service: Our loan officers are here to answer your call, text, or email.
• You get tailored help from the first inquiry to the final signature.

Take the First Step Toward Homeownership Today

Don’t let uncertainty hold you back from owning your dream home. When you reach out to Gustan Cho Associates and get pre-approved, you do everything right to secure your financial future. Our caring team is ready to support you from when you fill out the application to when you get the keys to your new place.

Head Over to Our Contact Us Page Now.

Fill in the quick form, and the next thing you know, you’ll be unlocking the door to your future. Get pre-approved today with Gustan Cho Associates, and let’s open the door to your new home together!

Gustan Cho Associates empowered by NEXA Mortgage, LLC 1660690 is a mortgage company licensed in multiple states with no lender overlays on government and conventional loans. Gustan Cho Associates is the largest mortgage advisor in the nation. We are licensed in 48 states, including Washington, DC, Puerto Rico, and the United States Virgin Islands.8Gustan Cho Associates has a network of 280 wholesale mortgage lenders.

You will not find any mortgage lender that offers as many mortgage loan options at the lowest rates. We also have the ability to broker non-QM and alternative loan programs on owner-occupant homes, second homes, and investment properties.

We have a national reputation of being a one-stop mortgage shop due to being able to offer FHA, VA, USDA, and conventional loans and have the ability to broker alternative loan programs. Gustan Cho Associates has the states (licensed in 48 states), and loan products(lending network of 280 wholesale mortgage lenders, at competitive rates(broker yield-spread-premium cap at 2.75%).

Dealing With The Best of the Best Loan Officers

Our mission at Gustan Cho Associates is to create a one-stop financial institution. Unlike other mortgage, real estate, and financial websites, we are not a lead generation company. We do not sell your name to other lenders.

Gustan Cho Associates are mortgage advisor. All organic leads we get through our informational websites are handled by licensed loan officers and not from a call taker from a call center.

We do not sell a single lead from our viewers. We are a licensed mortgage company licensed in multiple states. The people that contact our mortgage inquiries are licensed loan officers. All of our loan officers are trained to handle the trickiest of files. We feel if there is a goal, there is always a way to reach that goal.

Contact Us and Subscribe to Our Newsletter

Gustan Cho Associates offers daily informational blogs for our viewers. Our goal is to offer the latest real estate and mortgage informational website for homebuyers, homeowners, mortgage professionals, real estate agents, attorneys, and other professionals. Our mission is to help consumers and real estate professionals learn more about the complex real estate and mortgage industry.

Many consumers depend on real estate agents and mortgage professionals to guide them in achieving the American Dream of homeownership becoming a reality.

Most folks are clueless when it comes to going about shopping for a home and need advice in securing financing. Most first-time home buyers go to their local bank to apply for a home loan. Many of them get turned down because of the bank’s mortgage lender overlays. Most banks have tougher qualification guidelines when it comes to getting a mortgage loan approval.

Gustan Cho Associates Blogs and Newsletter

Our writers at Gustan Cho Associates are practicing mortgage and real estate experts. We do not hire content writers who do not have any knowledge about mortgages and the real estate industry.All the information on our blogs is vetted with the most recent and up-to-date information.

We have thousands of fans which consist of consumers, realtors, loan officers, attorneys, and third-party mortgage and real estate professionals.

Many folks do not realize that just because they are turned down by their local bank, that does not mean they do not qualify for a home loan. Unfortunately, many bankers who tell borrowers that they do not qualify for a home loan do not recommend them to other lenders who do not have such tough lending requirements.

Contact Us To Qualify and Get Pre-Approved

Borrowers who need to qualify for a mortgage with a mortgage company licensed in multiple states with no lender overlays on government and conventional loans can contact us at Gustan Cho Associates at 800-900-8569. Text us for a faster response. You can email us at gcho@gustancho.com. Your phone calls/texts or emails will be returned promptly. We are different than our competition due to calls being returned within minutes.

The team at Gustan Cho Associates is available 7 days a week, on evenings, weekends, and holidays. All phone calls are returned by licensed mortgage loan originators and not from people of call centers.

The team at Gustan Cho Associates issue pre-approvals seven days a week. Both support, operations, and licensed personnel are available 15 hours a day, 365 days a year with not a single day off. Viewers of Gustan Cho Associates’ daily blogs can request blog topic subjects from one of our expert real estate or mortgage professionals. Feel free to comment on our comment section of each article or visit our mortgage forum which will be answered by one of our licensed mortgage experts.