Direct Mortgage Lender With No Lender Overlays On Home Loans

Gustan Cho Associates are mortgage brokers licensed in 48 states

This Article On Direct Mortgage Lender With No Lender Overlays On Home Loans Was UPDATED And PUBLISHED On January 7th, 2020

Direct Mortgage Lender With No Lender Overlays

Most Direct Mortgage Lender With No Lender Overlays. There are two types of lender guidelines.

  1. Government and Conventional Guidelines
  2. Lender Overlays

Gustan Cho Associates is a national lender with no lender overlays on government and conventional loans.  Gustan Cho Associates’ consumer direct division are available 7 days a week. Three of our of team of loan team of loan officers are available 7 days a week to take consumer phone calls:

  • Michael Gracz, National Sales Manager
  • Dale Elenteny, Senior Vice President
  • Alex Carlucci, Senior Vice President

Michael Gracz, Dale Elenteny, and Alex Carlucci are senior licensed mortgage loan originators of the Rapid Response Group of Gustan Cho Associates. They are also tenured team leaders with Gustan Cho Associates.

  • All three fine mortgage professionals have over a decade of mortgage experience
  • Alex, Mike, and Dale have done everything in the mortgage business:
    • cold calling
    • sending out mailers
    • blogging
    • writing articles to major publications
    • processing
    • pre-underwriting
    • getting files ready for a clear to close
    • funding the mortgage loan
  • Michael Gracz is also the Training and Marketing Administrator at Gustan Cho Associates
  • Mike is the person who welcomes new employees to our organization and sets them up with the licensing process as well as their credentials
  • Michael is extremely knowledgeable with tax return analysis as well as qualifying self-employed mortgage loan borrowers

Dale, Mike, Alex worked closely with Gustan Cho and assists and services a majority of Gustan Cho’s borrowers as well as Gustan Cho’s realtor partners.

Expertise As Direct Mortgage Lender With No Lender Overlays

Dale, Alex, and Michael are experts in the following:

  • FHA Loans
  • FHA 203K Loans
  • VA Loans
  • USDA Loans
  • Jumbo Mortgages
  • Reverse Mortgages
  • NON-QM Loans

Qualify Today With Direct Mortgage Lender With No Lender Overlays

How to qualify today with a direct mortgage lender without lender overlays

As a mortgage lender with no overlays and being a senior team member at Gustan Cho Associates, our team of Rapid Response Group professionals at Gustan Cho Associates handled some of the toughest mortgage loan applications ever.

Here are the type of loan scenarios Alex, Dale, and Michael are experts in:

  • Helping borrowers with credit scores under 600 FICO
  • Helping borrowers with unpaid collections
  • Borrowers with prior bankruptcy and foreclosure
  • Borrowers with high debt to income ratios
  • Borrowers with gaps in employments are everyday mortgage files for our Team

Gustan Cho Associates handle more FHA 203k Loans in the state of Illinois as well as the rest of the country than any other licensed mortgage loan originators:

Michael Gracz is a national FHA 203k Expert who many real estate professional and national real estate and mortgage companies go to for his expertise in FHA 203k Loans:

  • And his 20 plus years in the real estate, mortgage, accounting, and construction industry makes him a true leader and trainer for our newer loan officers
  • Gustan Cho Associates has national FHA 203k Rehab Lending Programs from coast to coast throughout the year

More On Gustan Cho Associates Mortgage Group

Gustan Cho Associates knows what borrowers expect of them and exceeds their expectations.

  • We always prides themselves on working to continually advance our relationships with our borrowers, whether former or current or future
  • “I love meeting new people and building long-lasting relationships,” says Mike Gracz
  • “I am very big on relationship-building, and I make worthwhile introductions to people in my network every day”
  • Dale Elenteny also credits Gustan Cho Associates  “incredible support team” as a foundation for his success
  • Dale goes further and quotes “My clients are amazed at how fast we close deals”   

Gustan Cho Associates is available 7 days a week for our clients and realtor partners.

The Gustan Cho Team

Who is Gustan Cho's syndrome

Michael Gracz, Alex Carlucci, and Dale Elenteny are licensed loan officers of Gustan Cho Associates Mortgage Group.

  • However, their roles are placing home buyers with licensed loan officers in where they are buying homes in and assisting with assigned loan officers of borrowers until they closed on their homes with support staffs from the pre-approval processes until close
  • At Gustan Cho Associates, the borrower will work not just with one mortgage professional but with a team of professionals

Conventional Direct Mortgage Lender With No Lender Overlays

Besides being a leader and expert in FHA, VA, USDA residential mortgages, Gustan Cho Associates are experts on Conventional Loans.

  • Mike Gracz originates more Conventional Loans than any other loan officer at Gustan Cho Associates and is also known as the King of Fannie Mae and Freddie Mac

Many of Mike Gracz referral partners and clients includes the following:

  • Real estate investors
  • Real estate rehabbers
  • Financial Planners
  • Certified Public Accountants
  • Property flippers who need short term fast financing to acquire, rehab, and flip properties
  • With investors who need short term bridge financing due to the property not being financeable due to needing repairs we are one of the nation’s largest NON-QM Lenders and offer many NON-QM Loan Programs
  • Gustan Cho Associates Mortgage Group has correspondent relationships with local lenders throughout the count
  • We help with short term financing through portfolio loans through local banks and after the rehab is done
  • Our team will then arrange long term financing with Gustan Cho Associates at lower mortgage rates and the best mortgage terms available in the market

About Alex Carlucci At Gustan Cho Associates

Who is Alex Carlucci?

Alex Carlucci holds two law degrees, a Juris Doctorate and Masters of Laws as well as a Masters of Business Administration (MBA) degree.

  • Alex is a licensed mortgage loan originator and a full-time employee at Gustan Cho Associates
  • Alex works closely with Gustan Cho
  • Part of his scope of work is to help Gustan Cho in expanding his consumer-direct network nationwide
  • Alex Carlucci is Editor in Chief of Loan Consultants
  • Alex is also a contributing senior writer for Gustan Cho Associates Mortgage & Real Estate Information Resource Center, a national mortgage publication

In addition to his career at Gustan Cho Associates, Alex enjoys playing tennis and is always studying and researching the newest mortgage lending guidelines so he stays well versed in the latest mortgage regulations.

Contact Gustan Cho Associates Mortgage Group

The Team at Gustan Cho Associates are available 7 days a week, evening, weekends, and holidays. Customer service to our borrowers is the number one mission and priority of our team. If you have any questions or need a national lender with no lender overlays, contact us at 800-900-8569 or text us for faster response. You can also email us at

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