What Are FHA Lender Overlays? Simple Guide 2024

ByAnngelli Abenes Posted onAugust 13, 2024September 4, 2024

If you are thinking about buying a home or refinancing your current mortgage, you may have heard about FHA loans….

FHA Loans | Bankruptcy | Mortgage Lender Overlays | Videos

Maryland FHA Lenders For Homebuyers With Bad Credit

BySapna Sharma Posted onJune 28, 2024August 30, 2024

The lending requirements on FHA loans are not the same for all Maryland FHA Lenders. There are two different categories…

Mortgage Lender Overlays | VA Loans | Videos

VA Loans Texas: Mortgage Lender With No Overlays

ByMike Gracz Posted onJune 19, 2024August 30, 2024

This Article is about No Overlay Lender Offering VA Loans Texas. Texas is one of the fastest-growing states in the…

VA Loans | Mortgage Lender Overlays | Mortgage Rates | Videos

Understanding VA Mortgage Rates And LLPA

ByGustan Cho Posted onJune 19, 2024June 20, 2024

This Article Is About Understanding VA Mortgage Rates And Loan Level Pricing Adjustments VA loans are the best home mortgage…

VA Loans | Bad Credit Mortgages | Mortgage Lender Overlays | Videos

VA Loans Ohio With Bad Credit And No Lender Overlays

ByGustan Cho Posted onJune 13, 2024August 30, 2024

This Article Is About VA Loans Ohio With Bad Credit And No Lender Overlays Ohio is one of the hottest…

Videos | Bad Credit Mortgages | Mortgage Lender Overlays | VA Loans

Colorado VA Lenders For Bad Credit With No Lender Overlays

ByMike Gracz Posted onJune 10, 2024August 30, 2024

In this article, we will cover and discuss qualifying for a VA loan with low credit scores with Colorado VA…

Mortgage Lender Overlays | FHA Loans | Videos

FHA Mortgage Loans With No Overlays FHA Lenders

ByGustan Cho Posted onJune 10, 2024August 30, 2024

Gustan Cho Associates is a mortgage company licensed in multiple states, specializing in FHA mortgage loans with no overlays. More…

Mortgage Lender Overlays | VA Loans | video

VA Loan Denial And Qualifying With Lender With No Overlays

ByGustan Cho Posted onJune 10, 2024August 30, 2024

This Article Is About VA Loan Denial And Getting Qualified With Lender With No Overlays There should be no reason why…

Career Opportunities/Loan Officer Training | Mortgage Lender Overlays | Qualifying & Getting Pre-approved | Videos

Choosing The Right Mortgage Company For Loan Officers

ByAnngelli Abenes Posted onJune 6, 2024August 30, 2024

This guide covers choosing the right mortgage company for loan officers. Choosing the right mortgage company for loan officers is…

Mortgage Lender Overlays | Headline News Archives

Credit Score Guidelines Versus Lender Overlays During Pandemic

ByGustan Cho Posted onJune 5, 2024August 30, 2024

Understanding Credit Score Guidelines Versus Lender Overlays during the coronavirus pandemic is important. A detailed analysis of the covid 19…

Mortgage Lender Overlays | Videos

How Loan Officers Qualify Borrowers And Issue Pre-Approvals

ByAlex Carlucci Posted onMay 21, 2024August 28, 2024

This Article Is About How Loan Officers Qualify Borrowers And Issue Pre-Approvals. Understanding how loan officers qualify borrowers is crucial in the…

Mortgage Lender Overlays | Videos

Mortgage Guidelines Versus Overlays on Home Loans

ByDale Elenteny Posted onMay 1, 2024August 23, 2024

In this blog, we will cover and discuss the difference between mortgage guidelines versus overlays on home loans. Many borrowers…

Credit Scores | Headline News Archives | Mortgage Lender Overlays | Videos

Credit Score Guidelines Versus Overlays By Mortgage Lenders

ByGustan Cho Posted onApril 19, 2024August 21, 2024

This guide covers credit score guidelines versus overlays by mortgage lenders. There are two types of credit score requirements to…

FHA Loans | Bad Credit Mortgages | Mortgage Lender Overlays | Mortgage Processing And Underwriting

North Carolina FHA Lenders For Bad Credit with No Overlays

ByGustan Cho Posted onApril 5, 2024August 16, 2024

In this blog post, we’ll discuss qualifying for FHA loans with top North Carolina FHA lenders for bad credit. It’s…

Mortgage Lender Overlays | Home Mortgage | Mortgage Processing And Underwriting | Videos

Overlays in Underwriting By Mortgage Lenders

ByMargarett Jurilla Posted onMarch 24, 2024August 15, 2024

This blog is about overlays in underwriting on government and conventional loans. The mortgage industry went through a major overhaul…

Videos | Conditional Loan Approval | Mortgage Lender Overlays | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved

Home Loan Approval After Denied By a Bank For Your Mortgage

ByGustan Cho Posted onMarch 23, 2024August 14, 2024

This guide covers getting a home loan approved after denied by a bank for your mortgage. There should be no…

Revised FHA Total Scorecard Underwriting Guidelines

ByGustan Cho Posted onMarch 19, 2024August 13, 2024

This blog will cover the FHA Total Scorecard and how it works. The United States Department of Housing and Urban…

FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Videos

FHA Loans With 500 FICO Credit Score

ByAlex Carlucci Posted onFebruary 29, 2024August 8, 2024

HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.

Mortgage Lender Overlays | VA Loans | Videos

Can I Qualify For VA Loan With Under 620 Credit Scores

ByGustan Cho Posted onFebruary 28, 2024August 8, 2024

Gustan Cho Associates has no lender overlays on VA loans. VA loans do not have a minimum credit score requirement nor a maximum debt to income ratio cap as long as the borrower can get an approve/eligible per automated underwriting system.

Mortgage Lender Overlays | FHA Loans | Student Loans | Videos

HUD Guidelines versus Lender Overlays on FHA Loans

ByGustan Cho Posted onFebruary 20, 2024August 6, 2024

This guide covers HUD guidelines versus lender overlays on FHA loans. There have been notable changes for HUD guidelines versus…

VA Loans | Mortgage Lender Overlays | Videos

Preparing For a VA Loan With a Lender With No Overlays

ByGustan Cho Posted onFebruary 19, 2024February 19, 2024

This guide covers preparing for a VA loan with a lender with no overlays. Preparing for a VA loan with…

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     Good  
     Based on 65 reviews 
    
 
 
   
 
 
        
   Sapna Sharma 
 2024-07-04
 
 
 Trustindex verifies that the original source of the review is Google. I am working with Gustan Cho Associates and all the staff and Gus are so cooperatives. Gus is a motivational person and he always motivate or praise about my work. Really so happy working with Gustan Cho Associates Family.
  
 
       
   James Strebel 
 2024-04-06
 
 
 Trustindex verifies that the original source of the review is Google. Very professional
  
 
       
   Bill Burg 
 2024-04-06
 
 
 Trustindex verifies that the original source of the review is Google. Man it’s been great working with Gus and his amazing team. Their professionalism and attention to detail is second to none. I’ve never met anyone with more knowledge and skill at finding ways to help people into a home than him.
  
 
       
   Rhonda Smith 
 2024-02-23
 
 
 Trustindex verifies that the original source of the review is Google. Amazing place
  
 
       
   brent norkus 
 2024-02-23
 
 
 Trustindex verifies that the original source of the review is Google. Working with Gustan and his team has been an absolute pleasure. From start to finish, they have every client's best interest in mind to ensure they get the correct loan that fits their needs. Efficiency and accuracy are two words that describe my experience with Gus. Gus and his team over at Nexa are dominating the GAME! 5 stars is an understatement, and I would give ten stars if possible!
  
 
       
   TCrumpCollinsParsonMcGinnis Frazier 
 2024-02-22
 
 
 Trustindex verifies that the original source of the review is Google. John and Angie are absolutely amazing!  We had another lender and our loan fell through at the last minute.  I called John and told him our issues and in 5 minutes he told me he could get it done. After 30 years of praying, moving and bankruptcy issues, these two got it done. It’s was fast and they answered all our questions. There are not enough words that could express how overwhelmed we are and how awesome they are. Do yourself a favor and call John, I promise you will thank me later.  Please check out Gustan Cho’s videos. They are telling the truth and will walk thru fire with you.
Thank you John and Angie!

The Frazier’s.
  
 
       
   Charlie G 
 2024-02-16
 
 
 Trustindex verifies that the original source of the review is Google. Gus is a great person, and a great loan officer with lots of experience and knowledge of many types of loans.  Gus even takes calls after business hours unlike a lot of other companies.   Gus has given me the best options available for a mortgage; he is honest and has integrity.   I got to give Gus 5 stars due to he goes the extra mile to help you.  Thanks Gus!!!
  
 
       
   David Heckman 
 2024-02-15
 
 
 Trustindex verifies that the original source of the review is Google. John Strange and Angie Torres made this whole process seamless from start to finish.  John would answer a text or call anytime and made sure to keep me updated the whole time.  I would tell you that you are in good hands with these two!