Acceptable Sources of Verifiable Funds for Closing
In this blog, we will cover and discuss the acceptable sources of verifiable funds for closing. With the majority of…
Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
In this blog, we will cover and discuss the acceptable sources of verifiable funds for closing. With the majority of…
This guide covers clear to close in 2 weeks or less mortgage process at Gustan Cho Associates. I run into…
HUD, the parent of FHA, does not require you to pay off the outstanding unpaid collection account balances in order to qualify for FHA Home Loans. However, FHA will count a percentage of any outstanding non-medical collection account balances.
This article is on delegated versus nondelegated mortgage underwriting by lenders. We will cover the main difference between delegated and…
This blog is about overlays in underwriting on government and conventional loans. The mortgage industry went through a major overhaul…
This guide covers getting a home loan approved after denied by a bank for your mortgage. There should be no…
This guide covers qualifying and getting approved for a home loan with income increase. What happens if borrowers get a…
This guide covers DTI calculations in community property states mortgage guidelines. DTI calculations in community property states are calculated differently…
In this blog, we will cover the role of mortgage underwriter during the mortgage process. The role of mortgage underwriter…
This guide covers how do mortgage underwriters calculate income of borrowers. Income is the most important aspect of qualifying for…
This guide addresses the issue of credit tradelines not reporting to credit bureaus. When faced with this situation, finding solutions…
This blog will cover the FHA Total Scorecard and how it works. The United States Department of Housing and Urban…
This guide covers preparing for mortgage process in Illinois. Preparing For Mortgage Process In Illinois is different than other states….
Closing costs on the Loan Estimate versus Closing Disclosure will most likely be different. The itemized closing costs on the…
In this blog, we will discuss and cover the warehouse line of credit used by mortgage bankers and correspondent lenders. …
This guide covers documents required for mortgage processing and underwriting. All documents required for mortgage processing and underwriting needs to…
In this blog, we will cover and discuss how do mortgage underwriters qualify borrowers. Credit scores and income is what…
This article is about The Role Of The Loan Officer Assistant In Mortgage Process. Getting a mortgage is tough. Various…
This blog will cover preparing for home loan before applying for a mortgage for a smooth mortgage approval without stress….
This guide covers changing lenders during underwriting process before closing. The mortgage approval process does not have to be stressful…
This guide covers how holidays affect the mortgage process and can delay home closings. As the holidays come around our…