Meet Our Team At USA Mortgage

Meet Our Team At USA Mortgage & Gustan Cho Associates Mortgage & Real Estate Information Resource Center

USA Mortgage NMLS 227262, a division of DAS Acquisition Company LLC, is a five star national direct lender headquartered in St. Louis, Missouri. USA Mortgage are direct lenders with no lender overlays on government and conventional loans. Founded in 2001 by CEO/President Doug Shukar and COO Linda Pring, USA Mortgage has a national reputation of being able to close loans where other lenders cannot due to their lender overlays. Over 75% of our borrowers at The Gustan Cho Team at USA Mortgage are folks who either gotten a last minute mortgage loan denial or are stressing over the mortgage process with their current lender. All of our loans close because all of our pre-approvals are full credit loan approvals signed off by our mortgage underwriters.

  • We are also correspondent lenders on non-qm loans, bank statement loan for self employed borrowers and alternative loan products.
  • USA Mortgage closes all of their pre-approvals because our pre-approvals are signed off by our underwriters.
  • Delays in mortgage closings do not exist at USA Mortgage.
  • Welcome to The Gustan Cho Team at USA Mortgage and meet our team of licensed loan officers, support staff, and guest writers.

Meet Our Team at USA Mortgage NMLS 227262

Gustan Cho NMLS 873293

Gustan Cho NMLS 873293 is the Branch Manager of USA Mortgage, a division of DAS Acquisition Company LLC NMLS 227262, a direct lender headquartered in St. Louis, Missouri.

  • We are a full service mortgage firm headquartered in St. Louis, Missouri.
  • USA Mortgage has a national reputation for its no overlays on government and Conventional Loan Programs and being a one stop lending shop.
  • Besides being Fannie/Freddie Direct Lenders, we have access and correspondent relationships including commercial outlets, no doc fix and flip rehab investors, bridge financing, non-qm and alternative financing and pride ourselves in being able to get loans closed where other lenders cannot.
  • USA Mortgage is implementing more loan programs such as non-qm loans, alternative financing, and investment property loans .

Biography & Work History

Career As A Stockbroker And Investment Banking

Gustan Cho has extensive experience in all areas of real estate.

  • After graduating from college, Gustan became a stockbroker and armed with a Series 7, Series 24, and Series 63, in the mid 1980’s and quickly rose up the ranks as Senior Vice President of a national investment banking firm and was in charge of 3 states:
  1. Illinois
  2. Arizona
  3. California
  • As a stockbroker, Gustan was extremely successful both in retail brokerage and investment banking and the main reason he left the securities industry was due to not having control over his investments.
  • He went into the real estate business because he was always led to believe that real estate was the safest investment out there.
  • Whenever he had profits from rental income, it went down to pay down mortgage payments of his properties.
  • Instead of investing in other investments such as stocks, bonds, and mutual funds, he invested any surplus from the monthly rental income to pay down his mortgage balance.
  • His goal was to have all of his 7 apartment complexes free and clear within 10 year time frame.
  • Whenever he needed funds, he would go to any of his banks that had open lines of credit and draw against them and pay it off within 6 months.
  • Gustan  then got promoted to become a principal investment banker and was part of many initial public offerings.
  • After 10 years in investment banking, he changed fields and went into investing in real estate.

Career As A Real Estate Investor

Gustan Cho purchased REO single family homes, fixed and flipped them starting in the early 1990’s. Then in 1998,  Gustan decided to invest in multi family unit properties and decided to vacant buy fixer upper apartment buildings, rehab them, and instead of flipping them, decided to refinance them after the rehab of the apartments were done.

Here is how the system worked:

  • Purchase Class C apartment buildings where rents were very low and apartment units needed work and rehabbed them to Class A or B apartment buildings.
  • After rehabbing each apartment, and getting the apartment buildings fully occupied with qualified tenants, he refinanced the apartment building with a cash out refinance and better mortgage rates due to being a Class A or B building
  • The cash out refinance was to recoup his rehab and operating costs and keep them as long term cash flowing rentals
  • Gustan Cho’s first apartment building investment was a 8 unit apartment building that was located in Chicago.  
  • He purchased the 8 unit apartment building for $160,000 and invested $40,000.
  • He then got the property appraised for $400,000 and got a cash-out refinance for $320,000, which was 80% loan to value
  • The building was fully occupied with Section 8 Housing and cash flowing.
  • With the left over proceeds from the cash-out, Gustan Cho purchased two other multi unit apartments and repeated the process.
  • Eventually, Gustan had over 80 apartment buildings which consisted of 1,500 residential apartment units

By 2003, Gustan owned and operated over 80 apartment buildings which totaled over 1,500 residential apartment units.

  • The smallest apartment building was a 6 unit building and the largest apartment building was a 50 unit building.
  • Then he realized that he wanted 1,500 headaches in one corner than 1,500 headaches all over the city of Chicago: By this analogy, Gus wanted to sell all of his 80 plus apartment buildings and purchase a large apartment complex.
  • This idea became a reality when a 424 apartment unit building became available.
  • Southgate Apartments located on the corner of 115th Street and Pulaski Road in Chicago ( Mount Greenwood neighborhood ).
  • Gustan sold a portion of his apartment building portfolio and purchased Southgate Apartments for $22 million.
  • Gus sold more apartments to get construction funding so he can rehab all of the 424 apartment units to convert the C Class Apartment Complex to an A Class Apartment Complex.
  • It took just under a year to get all of the 424 units rehabbed with a cost of $8 million.
  • The investment worked out because the Apartment Complex appraised for $50 million.
  • He got a cash-out refinance mortgage and used the excess cash for the down payment and construction of other Apartment Complexes.
  • This process was repeated until he owned 7 large sized apartment complexes in three different states which comprised of 3,000 apartment units.

The real estate and mortgage collapse hit in 2008 where it hurt Gustan and his business model where like many real estate investors, it hit him hard and this is when he started his career in mortgage lending.

Career In Mortgage Lending At USA Mortgage, a Division of DAS Acquisition Company LLC NMLS 227262

Gustan passed his NMLS exam in early 2012 and got his NMLS licenses in numerous states that year.

  • Closing thousands of his own personal mortgage loans gave Gustan a head start in the commercial and residential mortgage lending field.
  • Gus saw many faults with the mortgage lending business and loan officers from his personal experience being a borrower and closing countless of mortgage loans as a real estate investor.

Here what he realized and developed a new mortgage process where there is no reason why a pre-approved borrower cannot close on their home loan.

  • There is no reason why a pre-approved borrower cannot close on his or her mortgage loan
  • Over 75% of Gustan’s borrowers are folks who either gotten a last minute loan denial or are going through a stressful mortgage process
  • The ONLY reason for a last minute mortgage loan denial or stress during the mortgage process is because the borrower was not qualified correctly
  • All pre-approved borrowers close on their home loans.
  • Gustan Cho’s belief is that being a loan officer is not like any other sales job.
  • Borrowers entrust their loan officers with all of their personal and private information.
  • In return, a loan officer needs to be available for their borrower 24/7, 7 days a week, evenings, weekends, and holidays.
  • The Gustan Cho Team at USA Mortgage team of licensed loan officers are available 7 days a week, evenings, weekends, and holidays and all borrowers have our cell and home phone numbers

Gustan Cho can be reached direct at 262-878-1965. You can call or text him on his cell at 262-716-8151 or email at gcho@usa-mortgage.com

Gregory Kewin NMLS 266964

Greg Kewin NMLS 266964 is the branch operations manager of The Gustan Cho Team at USA Mortgage

  • Greg is also an associate of The Gustan Cho Team and is a guest writer for Gustan Cho Associates & Real Estate Information Resource Center 
  • Greg Kewin is a 30 year veteran of the mortgage industry and he has many years of experience both in wholesale and retail lending mortgage operations, and is an expert in government and conventional loans, including non-qm loans and alternative financing
  • Greg is also an expert in commercial lending and is the operations manager of Capital Network Group, a national commercial lender
  • Greg can be reached at 630-465-1803 or by email at gkewin@usa-mortgage.com

Michael Gracz NMLS 1160212: Senior Loan Officer

Michael Gracz NMLS 1160212 is a veteran mortgage loan officer with The Gustan Cho Team at USA Mortgage. Mike is the first assistant to Gustan Cho and is the Assistant Sales Manager for The Gustan Cho Team at USA Mortgage consumer direct division. Michael Gracz is available 7 days a week to help take calls from our borrowers.

Mike is an expert in the following:

  • FHA Home Loans
  • VA Loans
  • USDA Loans
  • Conventional Loan Programs
  • Non-QM Loans
  • Bank Statement Loans for Self Employed Borrowers
  • 90% LTV Jumbo Mortgages

Mike can help borrowers with less than perfect credit and higher debt to income ratios. Due to The Gustan Cho Team at USA Mortgage being a no overlay lender on government and FHA Loans, Mike can structure any less than perfect borrowers files and help them qualify for a home loan in a matter of a short time. It is not if you can qualify for a mortgage with Mike but when. Mike Gracz can be reached at 630-659-7644 or email at mgracz@usa-mortgage.com.

David Garth Johnson NMLS 965134: Senior Loan Officer

David Garth Johnson III is a senior loan officer with The Gustan Cho Team at USA Mortgage.

David has years of experience in government and conventional loans. David is an expert in helping borrowers with less than perfect credit and higher debt to income ratios. All FHA Loans, VA Loans, USDA Loans, Conventional Loans have no lender overlays at USA Mortgage.

David, based in Southern California, also has extensive experience in originating and funding:

  • Jumbo Mortgages
  • Alternative Financing
  • Condotel Loans
  • Non-Warrantable Condominiums
  • NON-QM Loans, Bank Statement Loans for Self Employed Borrowers
  • Investment Property Loans

David can be reached at 949-209-7673 or by email at djohnson@usa-mortgage.com.

Maria Windham NMLS 458679: Senior Loan Officer

Maria Windham NMLS 458679 is a veteran senior mortgage loan originator with The Gustan Cho Team at USA Mortgage.

Maria is an expert on the following types of mortgage loan programs:

  • Most mortgage closings are done in 30 days or less
  • FHA Streamline Refinance 
  • FHA Loans With No Overlays
  • FHA 203k Loans
  • FHA Reverse Mortgages
  • High Balance FHA Loans
  • FHA Loans down to 580 FICO Credit Scores with no lender overlays
  • VA Loans With No Overlays
  • USDA With No Overlays
  • Conventional Loan Programs with no overlays
  • NON-QM Loans where borrowers one day out of bankruptcy and foreclosure can qualify for a mortgage
  • Investment property loans
  • Maria, as well as all members of USA Mortgage is available 7 days a week, evenings, weekends, and holidays.
  • If Maria Windham is not available please contact Gustan Cho at 1-262-878-1965 or text Gustan at 262-716-8151 for faster response.

Michelle Kewin NMLS 1658703: Senior Loan Officer & Assistant Branch Operations Manager

Michelle Kewin is a Senior Loan Officer and Assistant Branch Operations Manager of The Gustan Cho Team at USA Mortgage.

Michelle is an expert in originating and processing the following loan programs:

  • FHA Loans
  • VA Loans
  • USDA Loans
  • Conventional Loans
  • NON-QM Loans
  • Bank Statement Loans For Self Employed Borrowers
  • Jumbo Mortgages
  • Reverse Mortgages
  • Investment Property Loans

Michelle Kewin is licensed in multiple states. Michelle is also involved in helping all loans officers with Loan Estimates, Closing Disclosures, gathering conditions to get clear to closes. Michelle can be reached at mkewin@usa-mortgage.com.

Douglas Looney NMLS 1166190

Douglas Looney NMLS 116190 is a Senior Loan Officer with The Gustan Cho Team at USA Mortgage.

  • Doug brings many years of experience in government loans and conventional loan programs
  • Douglas Looney expertise is helping home buyers on their home purchases and/or homeowners on their refinances
  • Doug has closed countless of home loans during his tenure as a licensed loan officer

Doug can be contacted at 303-667-7900 or via email at dlooney@usa-mortgage.com.

Matthew Herbolich NMLS 1649154 MBA, JD, LLM: Loan Officer

Matthew Herbolich NMLS 1649154 is a loan officer  with The Gustan Cho Team at USA Mortgage. Matt is an entrepreneur who brings significant experience in the Real Estate and Start-Up industries to the Gustan Cho Team at USA Mortgage.

  • After spending nearly a decade working in the title insurance industry in South Florida, Matthew co-founded the medical device Startup company TruVitals, Inc., which licensed cutting edge non- contact vital signs monitoring technology from the University of Florida.
  • Matt was instrumental in raising over 1 million dollars in seed funding for TruVitals.
  • Matthew has landed coverage in print and digital media outlets around the country, including the Wall Street Journal blog, mobilhealthnews.com, the Gainesville Sun, and the Miami Herald Starting Gate.
  • Matt Herbolich has earned a bachelors degree in Political Science from Villanova University.
  • Matthew earned a law degree from Case Western Reserve University School of Law.
  • Matthew earned an LL.M in Real Property from the University of Miami School of Law.
  • Matt received an MBA from Grantham University.
  • Matthew is an avid tennis player and spends free time volunteering at soup kitchens in the North East Ohio area.

Tony Yonkus NMLS 198912: Loan Officer

Tony Yonkus is a loan officer with The Gustan Cho Team at USA Mortgage.

  • Tony has been a mortgage loan originator since 1998 and is an expert in originating government and conventional loans.
  • Tony Yonkus joined The Gustan Cho Team at USA Mortgage due its no lender overlay policy on government and conventional loans.
  • Besides being an expert on FHA, VA, USDA, and Conventional Loans.
  • Tony offers alternative financing such as NON-QM Loans and Bank Statement Loans for Self Employed Borrowers.
  • Condotel and Non-Warrantable Financing is another niche product that Tony specializes in.
  • 10% down payment (90% LTV) Jumbo Mortgages
  • Escrow Advances on refinances
  • One time construction loans

Tony can be contacted at tyonkus@usa-mortgage.com or 847-687-1519. Tony Yonkus is available 7 days a week, evenings, weekends, and holidays for his borrowers.

Jason Atkins NMLS 876866: Loan Officer

Jason Atkins NMLS 876866 is a licensed mortgage loan originator with The Gustan Cho Team.

  • Jason can be reached at jatkins@usa-mortgage.com or 630-809-6356.
  • Jason is an expert on originating, refinancing, and funding government and conventional loans.
  • Jason Atkins is also an expert in non-qm loans, bank statement mortgage loans for self employed borrowers, and alternative financing offered by The Gustan Cho Team at USA Mortgage

John Neal NMLS 275067: Senior Loan Officer

John is a long time mortgage industry veteran who is knowledgeable in both purchase and refinance mortgages. John can be reached at 312-330-2642 or via email at jneal@usa-mortgage.com.

  • John Neal has a Reputation of closing loans in 30 days or less
  • FHA Loans With No Lender Overlays
  • FHA 203k Rehab Loans
  • FHA Reverse Mortgages For Seniors
  • High Balance FHA and VA Loans with no overlays
  • FHA Loans down to 500 FICO Credit Scores with no lender overlays
  • VA Loans With Bad Credit and No Overlays
  • USDA With No Overlays
  • Conventional Loans with no lender overlays 
  • NON-QM Loans where borrowers one day out of bankruptcy and foreclosure can qualify for a mortgage
  • Rental Property Financing

William Burg Jr NMLS 1647508: Loan Officer

Bill Burg is a licensed loan officer with The Gustan Cho Team at USA Mortgage and licensed realtor in the state of Florida.

  • National Reputation of closing loans in 30 days or less
  • FHA Purchase and Refinances
  • Cash Out Refinance Mortgages
  • FHA Streamline Mortgage Loans
  • FHA 203k Mortgages Loans
  • Reverse Mortgages
  • High Balance VA Loans and FHA Loans
  • FHA Loans down to 500 FICO Credit Scores with no lender overlays
  • VA Loans With High DTI and No Overlays
  • USDA With No Overlays
  • Fannie Mae and Freddie Mac Conventional Loans with no lender overlays
  • Rental income properties
  • NON-QM Loans where borrowers one day out of bankruptcy and foreclosure can qualify for a mortgage

Bill Burg can be reached at 941-444-0010 or via email at bburg@usa-mortgage.com.

Krisztian Petroczi NMLS 892302

Krisztian Petroczi NMLS 892302 is a Senior Loan Officer with The Gustan Cho Team at USA Mortgage.

Kriztian is an expert in originating and funding the following:

  • FHA Loans
  • FHA 203k Rehab Loans
  • VA Loans
  • USDA Loans
  • Conventional Loans
  • NON-QM Loans
  • Bank Statement Mortgage Loans
  • Jumbo Mortgages

Krisztian can be contacted at 310-428-4082 or email at kpetroczi@usa-mortgage.com.

Tiara Hawthorne NMLS 1527816: Loan Officer

Tiara Hawthorne is a licensed mortgage loan originator for The Gustan Cho Team at USA Mortgage.

  • National Reputation of closing loans in 30 days or less
  • FHA Loans With No Overlays
  • FHA 203k Loans
  • FHA Reverse Mortgages
  • High Balance FHA Loans
  • FHA Loans down to 580 FICO Credit Scores with no lender overlays
  • VA Loans With No Overlays
  • USDA With No Overlays
  • Conventional Loans with no lender overlays
  • Bank Statement Loans and No Doc Loans
  • NON-QM Loans where borrowers one day out of foreclosure and/or short sale can qualify for a mortgage

Tiara Hawthorne can be reached at 757-817-8079 or via email at thawthorne@usa-mortgage.com.

Robert Totaro NMLS 1589162: Loan Officer

Robert Totaro NMLS 1589162 is a licensed mortgage loan originator with The Gustan Cho Team at USA Mortgage. Bob Totaro can be reached at rtotaro@usa-mortgage.com or on his cell at 561-277-9316.

Paul Cook NMLS 375854: Loan Officer

Paul Cook NMLS 375854 is a loan officer with The Gustan Cho Team at USA Mortgage. Paul Cook can be reached at 904-508-3545 or email at pcook@usa-mortgage.com.

Jason Tinnin NMLS 243089: Loan Officer

Jason Tinnin is a Loan Officer with The Gustan Cho Team at USA Mortgage. Jason Tinnin phone number is 407-754-6581 and his email address is jtinnin@usa-mortgage.com.

Piotr Bieda: Branch Marketing & IT Manager

Peter Bieda is the Branch Marketing & IT Manager of The Gustan Cho Team at USA Mortgage.

Peter is in charge of all IT and the Marketing Division at The Gustan Cho Team at USA Mortgage. Piotr Bieda can be reached at 773-732-5773 or at pbieda@usa-mortgage.com.

THIS SECTION IS BEING UPDATED AND SHOULD BE COMPLETED BY March 15, 2018