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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
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    • Remote Mortgage Loan Officer Career Opportunities
    • How Do I Become A Mortgage Loan Officer
    • MLO Revenue Share Residual Income Opportunity
  • Videos
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Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

Gustancho Associates

Mortgage Processing And Underwriting

Home / Mortgage Processing And Underwriting
Steps in the Underwriting Process
Mortgage Processing And Underwriting | Videos

Steps In The Underwriting Process By Mortgage Lenders

ByGustan Cho Posted onApril 3, 2025April 4, 2025

Steps in the Underwriting Process: What Borrowers Need to Know in 2025 If you’re buying a home or refinancing your…

Continue Reading Steps In The Underwriting Process By Mortgage LendersContinue

What Do Mortgage Underwriters Look For
Mortgage Processing And Underwriting

What Do Mortgage Underwriters Look For During Review

ByGustan Cho Posted onMarch 28, 2025April 1, 2025

Buying a house can be exciting, but feeling a bit nervous about the mortgage process is normal. One big question…

Continue Reading What Do Mortgage Underwriters Look For During ReviewContinue

Irregular Deposits
Mortgage Processing And Underwriting

Irregular Deposits Could Ruin Your Mortgage—Learn to Fix It

ByDale Elenteny Posted onMarch 24, 2025March 25, 2025

Buying a home is exciting. But when you’re applying for a mortgage, your bank statements can suddenly become a big…

Continue Reading Irregular Deposits Could Ruin Your Mortgage—Learn to Fix ItContinue

Mortgage Process After the Conditional Approval
Clear To Close | Conditional Loan Approval | Mortgage Processing And Underwriting | Videos

Mortgage Process After The Conditional Approval

ByGustan Cho Posted onFebruary 24, 2025February 25, 2025

The Mortgage Process After the Conditional Approval: What Happens Next? The mortgage process after the conditional approval is one of…

Continue Reading Mortgage Process After The Conditional ApprovalContinue

Delegated Versus Nondelegated Mortgage Underwriting
Mortgage Processing And Underwriting

Delegated Versus Nondelegated Mortgage Underwriting

ByGustan Cho Posted onJanuary 28, 2025April 9, 2025

Delegated Versus Nondelegated Mortgage Underwriting: What You Need to Know Understanding how mortgages are underwritten can feel overwhelming, especially when…

Continue Reading Delegated Versus Nondelegated Mortgage UnderwritingContinue

Credit Score Changes During Underwriting Process
Mortgage Processing And Underwriting | Credit Scores | Mortgage Rates | Videos

Credit Score Changes During Underwriting Process

ByGustan Cho Posted onJanuary 24, 2025January 28, 2025

Your mortgage lender checks your credit when you apply for a home loan. Your credit score determines your mortgage rate and also if you qualify for a loan.

Continue Reading Credit Score Changes During Underwriting ProcessContinue

FHA Cashout Refinance Mortgage Loans
FHA Loans | Mortgage Processing And Underwriting | Mortgage Refinance | Refinancing | Videos

Understanding FHA Cash-out Refinance Mortgage Loans

ByAnngelli Abenes Posted onJanuary 22, 2025February 10, 2025

Understanding FHA Cash-out Refinance Mortgage Loans in 2025 Are you a homeowner looking to use your home’s equity to reach…

Continue Reading Understanding FHA Cash-out Refinance Mortgage LoansContinue

Errors on Credit Reports
Mortgage Processing And Underwriting | Automated Underwriting System | Credit Disputes | Credit Scores | Videos

How Errors on Credit Reports Affect AUS FINDINGS

ByGustan Cho Posted onJanuary 21, 2025January 23, 2025

How Errors on Credit Reports Impact Mortgage Approvals If you’re looking to buy a home, one of the first things…

Continue Reading How Errors on Credit Reports Affect AUS FINDINGSContinue

Mortgage Process Timeline
Mortgage Processing And Underwriting | Videos

Mortgage Process Timeline From Application To Closing

ByGustan Cho Posted onJanuary 14, 2025January 14, 2025

Understanding the Mortgage Process Timeline: Your Step-by-Step Guide to Getting a Mortgage in 2025 Buying or refinancing your mortgage can…

Continue Reading Mortgage Process Timeline From Application To ClosingContinue

Credit History and Recent Late Payments
Bad Credit Mortgages | Mortgage Processing And Underwriting | Mortgage With Late Payments | Videos

Credit History and Recent Late Payments? Get Help Today

ByGustan Cho Posted onJanuary 10, 2025April 7, 2025

How Underwriters View Credit History and Recent Late Payments When buying a home, your credit history and recent late payments…

Continue Reading Credit History and Recent Late Payments? Get Help TodayContinue

Liabilities in Mortgage Qualification
Mortgage Processing And Underwriting | High Debt To Income Ratio | Manual Underwriting | Student Loans | video

How Do Underwriters View Liabilities In Mortgage Qualification

ByGustan Cho Posted onDecember 19, 2024December 26, 2024

How Underwriters View Liabilities in Mortgage Qualification (Updated for 2024) When applying for a mortgage, understanding how underwriters evaluate liabilities…

Continue Reading How Do Underwriters View Liabilities In Mortgage QualificationContinue

Upfront Costs Mortgage Application
Videos | Mortgage Processing And Underwriting

Upfront Costs Mortgage Application Versus Closing Costs

ByDale Elenteny Posted onDecember 18, 2024December 20, 2024

In this blog, we will discuss and cover the upfront costs mortgage application versus closing costs. All home buyers or…

Continue Reading Upfront Costs Mortgage Application Versus Closing CostsContinue

Avoiding Delays in Getting a Conditional Mortgage Approval
Mortgage Processing And Underwriting | Conditional Loan Approval | Videos

Avoiding Delays In Getting A Conditional Mortgage Approval

ByGustan Cho Posted onDecember 16, 2024December 18, 2024

Avoiding Delays in Getting Conditional Mortgage Approval: A Step-by-Step Guide Getting a mortgage is a big milestone, but it can…

Continue Reading Avoiding Delays In Getting A Conditional Mortgage ApprovalContinue

Mortgage Closing Process
Mortgage Processing And Underwriting | Clear To Close

Mortgage Closing Process In Illinois On Home Purchases

ByAlex Carlucci Posted onDecember 16, 2024December 18, 2024

The Complete Guide to the Mortgage Closing Process in Illinois: Everything You Need to Know Buying a home is one…

Continue Reading Mortgage Closing Process In Illinois On Home PurchasesContinue

Changes in Credit Report During Mortgage Process
Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Videos

Changes In Credit Report During Mortgage Process

ByGustan Cho Posted onDecember 16, 2024December 20, 2024

This guide covers changes in credit report during mortgage process. Credit scores and debt-to-income ratios determine whether borrowers qualify for…

Continue Reading Changes In Credit Report During Mortgage ProcessContinue

Mortgage Approval Can Be Revoked
Mortgage Processing And Underwriting | Conditional Loan Approval | Mortgage Denial | Videos

Mortgage Approval Can Be Revoked During Mortgage Process

ByGustan Cho Posted onDecember 5, 2024May 13, 2025

Mortgage Approval Can Be Revoked: What Every Borrower Needs to Know in 2024 Getting your mortgage approval feels like crossing…

Continue Reading Mortgage Approval Can Be Revoked During Mortgage ProcessContinue

15 Day Mortgage Process
Mortgage Processing And Underwriting

15 Day Mortgage Process From Application to Closing

ByMike Gracz Posted onDecember 4, 2024December 6, 2024

How fast can you close a mortgage? Americans love instant gratification! Gustan Cho Associates has a fast-track, 15-day mortgage process.

Continue Reading 15 Day Mortgage Process From Application to ClosingContinue

Why Do Lenders Request Bank Statements
Letter Of Explanation | Mortgage Processing And Underwriting | Videos

Why Do Lenders Request Bank Statements During Underwriting

ByGustan Cho Posted onDecember 4, 2024December 5, 2024

Why Do Lenders Request Bank Statements? A 2024 Guide for Borrowers If you plan to buy a home or refinance…

Continue Reading Why Do Lenders Request Bank Statements During UnderwritingContinue

Mortgage for Self-Employed Versus W-2 Borrowers
Income And Employment | Bank Statement Loans | Gaps In Employment | Mortgage Processing And Underwriting | Videos

Mortgage For Self-Employed Versus W-2 Borrowers

ByGustan Cho Posted onNovember 27, 2024May 13, 2025

Mortgage for Self-Employed Versus W-2 Borrowers: 2024 Guide to Getting Approved Are you a self-employed worker or a W-2 employee…

Continue Reading Mortgage For Self-Employed Versus W-2 BorrowersContinue

Cash To Close And Seasoned Funds For Closing
Mortgage Processing And Underwriting | Clear To Close | Letter Of Explanation

Cash To Close and Seasoned Funds For Closing by Borrower

ByGustan Cho Posted onNovember 7, 2024May 19, 2025

Cash to Close and Seasoned Funds for Closing: Your 2024 Guide to a Smooth Home Purchase When you’re ready to…

Continue Reading Cash To Close and Seasoned Funds For Closing by BorrowerContinue

Clear to Close in 2 Weeks or Less
Clear To Close | Mortgage Processing And Underwriting | Videos

Clear To Close In 2 Weeks or Less Mortgage Process

ByGustan Cho Posted onNovember 4, 2024May 19, 2025

Clear to Close in 2 Weeks or Less: Here’s How to Fast-Track Your Mortgage Approval At Gustan Cho Associates, we…

Continue Reading Clear To Close In 2 Weeks or Less Mortgage ProcessContinue

Rapid Rescore
Home Mortgages | Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Re-Establishing Credit | Videos

Using Rapid Rescore To Qualify For a Mortgage

ByGustan Cho Posted onOctober 25, 2024May 20, 2025

How Does Rapid Rescore Assist You in Securing a Mortgage in 2024? Imagine this: You’re almost ready to buy your…

Continue Reading Using Rapid Rescore To Qualify For a MortgageContinue

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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

  • Hard Money Lenders
    Simple Truth: What Are Hard Money Lenders and How They HelpMay 5, 2025
  • Wholesale Mortgage Lenders for Non-Prime Loans
    Best Wholesale Mortgage Lenders For Non-Prime LoansMay 5, 2025
  • Qualifying for Mortgage with Irregular Income
    Qualifying For Mortgage With Irregular IncomeApril 30, 2025
  • Home Loan with Tax Lien
    Home Loan With Tax Lien And Judgment Mortgage GuidelinesApril 29, 2025

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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.
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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
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