Home Purchase

In this article, we will cover and discuss homes for heroes mortgage for firefighters and police officers. Gustan Cho Associates are excited to roll out our participation in the Homes For Heroes Real Estate Network. This Network is consisting of Realtors, loan officers, title companies, and inspectors to create discounts for the heroes that make…

In this blog, we will discuss and cover choosing the right neighborhood when buying a home. Choosing The Right Neighborhood: How I Ended Up In Hampshire, ILLINOIS. When I meet up with friends who I haven’t seen in a while or meet someone new and they ask where I am living, I respond with “Hampshire”….

In this blog, we will discuss and cover buying home near schools for first-time homebuyers. There are pros and cons of Buying Home Near Schools. Buying Home Near Schools is like having a neighbor that has students congregate Monday through Fridays from 8 in the morning and by 4 pm, they all leave. This will…

This Article Is About The Impact Credit Scores Has On Down Payment On Home Purchase: If you are in the market to buy or refinance a home, you know the importance of your credit score. Gustan Cho Associates are experts in all areas of mortgage lending and cannot stress the importance of credit score enough….

This Article Is About How Can Homeowners Hold Title On Home Purchase One of the most common questions we get from our borrowers is how can homeowners hold title on a home purchase. Homeowners do not have to be on the mortgage note to be on title to the property. There are countless incidents where…

This Article Is About Buying A Home With Dogs And Other Pets For Homebuyers Americans love their dogs and other pets. Buying A Home With Dogs And Other Pets are the majority of homebuyers. 70% of homebuyers own a dog or cat or both. That translates into 85 million families who own a dog or…

This Article Is About Conforming Down Payment Guidelines For Home Buyers Conventional Loans are called conforming loans because they need to conform to Fannie Mae and/or Freddie Mac Guidelines. Conforming Loans are not government loans. The Federal Housing Finance Agency (FHFA) regulates Fannie Mae and Freddie Mac. Why do conforming loans need to conform to…

This Article Is About How To Prevent Mortgage Default With Loss Of Employment Mortgage lenders will work with homeowners who have lost their jobs. Lenders do not want to foreclose on a property if they can avoid it. They will do everything possible to help the homeowner do a workout. Most mortgage companies have workout…

The Gustan Cho Associates are experts in down payment assistance (DPA) programs. We are proud to offer Colorado Housing and Finance Authority ( CHFA) down payment assistance programs. In this blog we will detail the advantages and disadvantages of using down payment assistance as well as how to apply for a mortgage with a Gustan Cho Associates when receiving Colorado down payment assistance.

This Article On Buying Out Of State Homes Online Sight-Unseen Purchases The concept of Buying Out Of State Homes Online sight-unseen is nothing new. As a prior real estate investor, most of the investment homes I purchased to flip and/or to rent were sight-unseen Many professional real estate investors with working relationships with realtors have…

This Article On What Are The Biggest Home Purchase Regrets And How To Avoid Them Buyers who decided purchase a home and got a solid pre-approval from a mortgage loan originator, next step is to start shopping for a home. Shopping for a new home is an exciting time Home buyers should do a lot…

This Article On Location Is Key On Home Purchase On Home Values Location, Location, Location. I am sure most folks have heard of this saying. Property taxes in one city may be double or triple than in other cities. High property taxes on home purchases may affect buying power. Location is key on a home…