Skip to content

Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

Gustan Cho Associates
  • About UsExpand
    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner NetworkExpand
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of MortgagesExpand
    • PurchaseExpand
      • Home Purchase Loans
      • Investment Property Loan
    • RefinanceExpand
      • Refinance Mortgage Options
      • Chapter 13 Bankruptcy Cash-Out-Buyout
      • FHA Streamline Refinance
      • VA Streamline Refinance
      • Refinancing NON-QM Loans Into Conventional Mortgages
      • Refinance FHA To Conventional Loans
    • FHA Home LoansExpand
      • FHA Manual Underwriting
      • FHA Chapter 13 Bankruptcy Guidelines
      • FHA Loans For Bad Credit
      • FHA Loans For Low Credit Scores
      • FHA Collections
      • FHA Loans Charged Off Accounts
      • W-2 Income Only FHA Loans
      • FHA Loans With Tax Lien
      • FHA Loan With Judgment
    • VA Home LoansExpand
      • VA Manual Underwriting
      • VA Chapter 13 Bankruptcy Guidelines
      • VA Loans For Bad Credit
      • VA Loans For Low Credit Scores
      • VA Loans With Charged-Off Accounts
      • W-2 Income Only VA Loans
      • VA Loans with Tax Lien
      • VA Loan with Judgment
    • USDA Loans
    • How to Get DACA Mortgage Loans Without the Stress
    • Conventional LoansExpand
      • Conventional Loans W-2 Income ONLY Mortgages
      • Conventional Loans After Foreclosure
      • Conventional Loans After Bankruptcy
      • Conventional Loan With Tax Lien
      • Conventional Loan With Judgment
    • Condotel Financing
    • NON-QM LoansExpand
      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
      • Foreign Nationals
      • No SSN? ITIN Mortgage Loans Can Help You Own a Home
      • No-Doc Loans
    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
    • Commercial Loans
  • CareersExpand
    • Can Realtors Be MLOs At The Same Time
    • Career OpportunitiesExpand
      • Training a New Mortgage Loan Officer Without Any Experience
      • MLO License School
    • Mortgage Branch Careers
    • Remote Mortgage Loan Officer Career Opportunities
    • How Do I Become A Mortgage Loan Officer
    • MLO Revenue Share Residual Income Opportunity
  • Videos
  • BlogsExpand
    • Headline News Archives
  • Testimonials
  • Talk To A Loan Officer

Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

Gustancho Associates

Income And Employment

Home / Income And Employment - Page 3
FHA Work History Guidelines
Income And Employment | FHA Loans | Gaps In Employment | Videos

FHA Work History Guidelines on Non-Traditional Jobs and Gaps

ByAnngelli Abenes Posted onMarch 8, 2024February 25, 2025

FHA Work History Guidelines: Can You Qualify with Gaps in Employment? If you’ve been dreaming of owning a home but…

Continue Reading FHA Work History Guidelines on Non-Traditional Jobs and GapsContinue

Continuation of Income Guidelines
Income And Employment | Videos

Continuation of Income Guidelines of Mortgage Lenders

ByGustan Cho Posted onMarch 2, 2024March 4, 2024

This guide covers continuation of income guidelines of mortgage lenders. The ability to repay is one of the most important…

Continue Reading Continuation of Income Guidelines of Mortgage LendersContinue

Qualifying Income
Income And Employment | Videos

What is Considered Qualifying Income For Mortgage Loans

ByGustan Cho Posted onMarch 2, 2024March 2, 2024

This guide covers the types of income that mortgage lenders consider qualifying income can use for mortgage loans. Not all…

Continue Reading What is Considered Qualifying Income For Mortgage LoansContinue

How to Buy a House With Bad Credit
Bad Credit Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

How To Buy a House With Bad Credit

ByAlex Carlucci Posted onMarch 1, 2024March 4, 2024

This guide covers how to buy a house with bad credit.  Many folks assume you cannot get a mortgage loan…

Continue Reading How To Buy a House With Bad CreditContinue

Two FHA Loans At The Same Time
FHA Loans | Home Purchase | Income And Employment | Investment Homes | Real Estate Topic | Videos

Can I Have Two FHA Loans at The Same Time

ByGustan Cho Posted onFebruary 28, 2024August 8, 2024

This guide explains the requirements for obtaining two FHA loans at the same time. This is important information for those…

Continue Reading Can I Have Two FHA Loans at The Same TimeContinue

Employer Distance Requirements
Income And Employment | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

Employer Distance Requirements on Primary Home Mortgages

ByApril Ramirez Posted onFebruary 28, 2024April 7, 2025

In this blog, we will cover employer distance requirements on primary home mortgages. Employer Distance Requirements On Primary Home Mortgages…

Continue Reading Employer Distance Requirements on Primary Home MortgagesContinue

How Underwriters Qualify Income
Income And Employment | Mortgage Processing And Underwriting | Videos

How Underwriters Qualify Income To Approve Mortgage Loans

ByGustan Cho Posted onFebruary 27, 2024January 24, 2025

This guide covers how underwriters qualify income to approve mortgage loans. Many mortgage loan applicants do not have the role…

Continue Reading How Underwriters Qualify Income To Approve Mortgage LoansContinue

Mortgage Qualifying With Part-Time Income
Income And Employment

Mortgage Qualifying With Part-Time Income and Other Income

ByApril Ramirez Posted onFebruary 26, 2024February 25, 2025

In this blog post, we’ll delve into Mortgage Qualifying With Part-Time Income and Other Income and explore lending guidelines regarding…

Continue Reading Mortgage Qualifying With Part-Time Income and Other IncomeContinue

Job Relocation Mortgage Guidelines
Income And Employment | Qualifying & Getting Pre-approved | Videos

Out-of State Job Relocation Mortgage Guidelines

ByApril Ramirez Posted onFebruary 23, 2024April 7, 2025

This manual provides information on Job Relocation Mortgage Guidelines for individuals purchasing homes in a different state. According to these…

Continue Reading Out-of State Job Relocation Mortgage GuidelinesContinue

Losing Job During Mortgage Process
Income And Employment | Gaps In Employment | Videos

Home Loan Approval After Losing Job During Mortgage Process

ByGustan Cho Posted onFebruary 15, 2024April 29, 2025

This guide covers how to close on home loan after losing job during mortgage process. We will show you qualifying…

Continue Reading Home Loan Approval After Losing Job During Mortgage ProcessContinue

Mortgage With New Job
Gaps In Employment | Income And Employment | Videos

Mortgage With New Job Lending Requirements and Guidelines

ByGustan Cho Posted onFebruary 8, 2024August 5, 2024

This article delves into the lending prerequisites and regulations concerning mortgage with new job. It addresses the misconception that one…

Continue Reading Mortgage With New Job Lending Requirements and GuidelinesContinue

Employment Gaps
Income And Employment | Videos

Employment Gaps Lending Guidelines For Mortgage Approval

ByGustan Cho Posted onFebruary 7, 2024January 24, 2025

This blog addresses the eligibility criteria for obtaining a mortgage and securing approval despite having experienced employment gaps within the…

Continue Reading Employment Gaps Lending Guidelines For Mortgage ApprovalContinue

FHA W-2 Income Only Mortgage With No Income Tax Returns
FHA Loans | Home Mortgages | Income And Employment | Videos

FHA W-2 Income Only Mortgage With No Income Tax Returns

ByGustan Cho Posted onFebruary 5, 2024August 5, 2024

The FHA W-2 Income Only Mortgage Lending Guidelines provide a pathway for borrowers to qualify for an FHA loan based…

Continue Reading FHA W-2 Income Only Mortgage With No Income Tax ReturnsContinue

Two-Year Work History Mortgage Guidelines
Income And Employment

Two-Year Work History Mortgage Guidelines | Employment Gaps

ByAlex Carlucci Posted onFebruary 5, 2024February 27, 2025

This blog post delves into the crucial aspects of the Two-Year Work History Mortgage Guidelines. It explores the significance of…

Continue Reading Two-Year Work History Mortgage Guidelines | Employment GapsContinue

Mortgage After Unemployment
Gaps In Employment | Income And Employment | Videos

Mortgage After Unemployment With Job Gaps

ByGustan Cho Posted onFebruary 2, 2024July 8, 2025

This article will discuss and cover qualifying for a mortgage after unemployment. Homebuyers do not need a two-year employment history…

Continue Reading Mortgage After Unemployment With Job GapsContinue

Mortgage Guidelines on Defaulted Student Loans
Student Loans | Income And Employment | Videos

Mortgage Guidelines on Defaulted Student Loans

ByDale Elenteny Posted onFebruary 2, 2024August 21, 2025

Borrowers cannot qualify for a mortgage with defaulted federal student loans until the student loans are out of default.

Continue Reading Mortgage Guidelines on Defaulted Student LoansContinue

How Underwriters Analyze Bank Statements
Mortgage Processing And Underwriting | Income And Employment | Qualifying & Getting Pre-approved | Videos

How Underwriters Analyze Bank Statements of Borrowers

ByGustan Cho Posted onJanuary 30, 2024February 26, 2024

This article delves into how underwriters analyze bank statements of borrowers. When individuals seek a mortgage loan, underwriters deem 60…

Continue Reading How Underwriters Analyze Bank Statements of BorrowersContinue

Commission-Income Mortgage Guidelines
Income And Employment | Videos

Commission-Income Mortgage Guidelines

ByLaurie Cho Posted onJanuary 29, 2024November 4, 2024

Mortgage lenders must adhere to the Ability to Repay (ATR) rule when underwriting. That means they must make sure that borrowers can afford the loan before they approve it.

Continue Reading Commission-Income Mortgage GuidelinesContinue

Part-Time Income To Full-Time Income Mortgage Guidelines
Income And Employment | Videos

Part-Time Income To Full-Time Income Mortgage Guidelines

ByGustan Cho Posted onJanuary 25, 2024May 2, 2025

There are strict rules regarding the part-time income to full-time income mortgage guidelines. For part-time income to be used, borrowers…

Continue Reading Part-Time Income To Full-Time Income Mortgage GuidelinesContinue

Home Loan With Job Offer Letter
Income And Employment | Gaps In Employment | Videos

Home Loan With Job Offer Letter For New Employment

ByGustan Cho Posted onJanuary 19, 2024July 29, 2024

In this blog, we will discuss and cover qualifying for home loan with job offer letter. One of the frequently…

Continue Reading Home Loan With Job Offer Letter For New EmploymentContinue

Self-Employed Borrowers Mortgage Loans
Income And Employment | Bank Statement Loans | No-Ratio Mortgage Loans | NON-QM Loans | Videos

Self-Employed Mortgage Loans to Buy Homes

ByGustan Cho Posted onJanuary 18, 2024August 25, 2025

Most guidelines require lenders to average the most recent two years of income to qualify applicants. Some programs allow borrowers with newer businesses if they have experience

Continue Reading Self-Employed Mortgage Loans to Buy HomesContinue

Using Overtime Income
Videos | Income And Employment

Using Overtime Income To Qualify For Mortgage Loans

ByMargarett Jurilla Posted onJanuary 18, 2024October 8, 2024

Can I Use Overtime Income As Qualified Income To Qualify For A Mortgage? You can use overtime and part-time income as qualified income as long as those other income has been seasoned for at least two years.

Continue Reading Using Overtime Income To Qualify For Mortgage LoansContinue

Page navigation

Previous PagePrevious 1 2 3 4 Next PageNext

About Us

Gustan Cho Associates are Mortgage Advisor licensed in 48 states including Washington DC, Puerto Rico, and the U.S Virgin Islands (Not licensed in NY and MA). The team at Gustan Cho Associates has a national reputation of being able to do mortgage loans other mortgage companies cannot do. Gustan Cho Associates dba of NEXA Mortgage has a lending partnerships with over 190 wholesale mortgage lenders with dozens of no overlay lending partners on government and conventional loans and countless non-QM and alternative lending partners. Over 80% of our clients are borrowers who could not qualify at other mortgage companies either due to a last-minute mortgage loan denial due to lender overlays or because the lender did not have the mortgage loan program suited for the borrower. At Gustan Cho Associates, we only market mortgage loan products that exists and are possible.

Recent Articles

  • APR Versus Interest Rate
    APR Versus Interest Rate Quoted By Mortgage LendersAugust 28, 2025
  • Chenoa DPA EDGE Program
    Chenoa DPA EDGE Program: Powerful Aid for Home BuyersAugust 28, 2025
  • Apartment Building Loans
    Apartment Building Loans For Real Estate InvestorsAugust 27, 2025
  • What Lenders Look for in Bank Statements
    What Lenders Look for in Bank Statements Before Saying YesAugust 27, 2025

DTI Calculators

  • FHA DTI Calculator
  • VA DTI Calculator
  • Conventional DTI Calculator
  • Jumbo DTI Calculator
  • FHA Loan Limits
  • Conforming Loan Limit Change – See If You Qualify

Subsidiary Sites

  • Gustan Cho Associates Mortgage Advisor
  • GCA Mortgage Group
  • GCA Forum

Connect With Us

  • Facebook
  • LinkedIn
  • YouTube
  • Instagram
  • TikTok
  • Tumblr

Resources

  • Get Pre-Approved
  • Get Automated Underwriting System Approval
  • FICO Simulator
  • MLO License School
  • DTI Mortgage Calculator
  • Documents Required For Mortgage Process
  • How To Increase FICO Scores For a Mortgage
  • How To Reach A Human At The Credit Bureaus
  • Remove Credit Disputes
  • Contribute To GCA Mortgage Group
  • GCA Approves When Others Can’t
  • Mortgage Guides and Home Loan Options
  • How To Un-Freeze a Credit File?
Equal Housing Opportunity Lender Gustan Cho Associates empowered by NEXA Mortgage LLC. NMLS# 1660690,
Corporate Address: 5559 S Sossaman Rd | Bldg 1 #101, Mesa, AZ 85212 Company NMLS 1660690, Gustan Cho NMLS #873293 Company State License #: AZMB - 0944059, Branch: 17W662 Butterfield Road Suite 305 Oakbrook Terrace, Illinois 60181 Branch NMLS 2315275 AXEN is a dba of NEXA Mortgage LLC
DISCLAIMER: The author(s) contributing content to this site, accept no liability or responsibility for errors, omissions or changes in market conditions that may impact the readers' conclusions drawn or assumptions related to the content of this site. The copywritten© information contained on this site is provided on an "as is" basis, at the time of publication, without guarantees of timeliness, thoroughness, accuracy, or usefulness to the consumer. The content on this site does not constitute financial or professional advice of any kind, and readers are encouraged to consult their own professional advisors for professional advice.
Disclaimer | Licenses | Copyrights | Privacy  NMLS Consumer Access© 2025 - Gustan Cho Associates. All Rights Reserved.SiteLock
CALL NOW
  • About Us
    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan Limits
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner Network
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of Mortgages
    • Purchase
      • Home Purchase Loans
      • Investment Property Loan
    • Refinance
      • Refinance Mortgage Options
      • Chapter 13 Bankruptcy Cash-Out-Buyout
      • FHA Streamline Refinance
      • VA Streamline Refinance
      • Refinancing NON-QM Loans Into Conventional Mortgages
      • Refinance FHA To Conventional Loans
    • FHA Home Loans
      • FHA Manual Underwriting
      • FHA Chapter 13 Bankruptcy Guidelines
      • FHA Loans For Bad Credit
      • FHA Loans For Low Credit Scores
      • FHA Collections
      • FHA Loans Charged Off Accounts
      • W-2 Income Only FHA Loans
      • FHA Loans With Tax Lien
      • FHA Loan With Judgment
    • VA Home Loans
      • VA Manual Underwriting
      • VA Chapter 13 Bankruptcy Guidelines
      • VA Loans For Bad Credit
      • VA Loans For Low Credit Scores
      • VA Loans With Charged-Off Accounts
      • W-2 Income Only VA Loans
      • VA Loans with Tax Lien
      • VA Loan with Judgment
    • USDA Loans
    • How to Get DACA Mortgage Loans Without the Stress
    • Conventional Loans
      • Conventional Loans W-2 Income ONLY Mortgages
      • Conventional Loans After Foreclosure
      • Conventional Loans After Bankruptcy
      • Conventional Loan With Tax Lien
      • Conventional Loan With Judgment
    • Condotel Financing
    • NON-QM Loans
      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
      • Foreign Nationals
      • No SSN? ITIN Mortgage Loans Can Help You Own a Home
      • No-Doc Loans
    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
    • Commercial Loans
  • Careers
    • Can Realtors Be MLOs At The Same Time
    • Career Opportunities
      • Training a New Mortgage Loan Officer Without Any Experience
      • MLO License School
    • Mortgage Branch Careers
    • Remote Mortgage Loan Officer Career Opportunities
    • How Do I Become A Mortgage Loan Officer
    • MLO Revenue Share Residual Income Opportunity
  • Videos
  • Blogs
    • Headline News Archives
  • Testimonials
  • Talk To A Loan Officer
Search