Paying Down Credit Cards During Mortgage Process Due To High DTI
This guide covers paying down credit cards during mortgage process due to high debt-to-income ratios. Debt-to-income ratios are one of…
Minimum Credit Score Mortgage Guideline on Home Loans
This guide covers the minimum credit score mortgage guidelines on home loans. Income, credit, credit history, and credit scores are…
VA Loans Mississippi Guidelines And Requirements On Home Purchase
Can I Qualify For A VA Loan With A Lender With No Lender Overlays In Mississippi? Absolutely, Gustan Cho Associates is a lender with no lender overlays on VA loans and is licensed in Mississippi.
Conditional Loan Approval | Home Mortgage | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Borrowers For Mortgage on Purchase and Refinance
This guide covers the process of qualifying borrowers for mortgage on home purchases and refinances. From the application stage to…
Home Mortgage | Career Opportunities/Loan Officer Training | First Time Home Buyers | Mortgage Processing And Underwriting | Real Estate Topic | Videos
Realtors Marketing Package For Home Buyers
This guide covers realtors marketing package for home buyers, real estate agents and referral partners. Home buyers rely on their…
How Does Mortgage Process Work After Being Pre-Approved
This guide covers how does mortgage process work after being pre-approved. Most folks consult with a loan officer when they…
Appraisal Process Timeline
This guide covers the home appraisal process timeline during the mortgage process. Gustan Cho Associates will update you on the…
Home Mortgage | Career Opportunities/Loan Officer Training | Mortgage Processing And Underwriting | Videos
How Mortgage Brokers Get Paid on Closed Home Loans
This guide covers how mortgage brokers get paid on closed home loans. Mortgage brokers, loan originators, or loan officers are…
Role Of Mortgage Processor During The Mortgage Process
In this article, we will cover and discuss the role of mortgage processor during the mortgage process. The mortgage processor…
Clearing Mortgage Conditions of Conditional Loan Approval
This guide covers clearing mortgage conditions of conditional loan approval. After borrower’s mortgage application has been processed and underwritten, the…
Why Do Mortgage Lenders Ask For Reserves From Borrowers
When And Why Do Mortgage Lenders Ask For Reserves? On VA and FHA manual underwriting, one month’s reserves are required. Multi-family units require reserves by homebuyers.
Closing on Your New Home In 21 Days From Application To CTC
This blog will cover closing on your new home in 21 days from application to CTC. Closing on your new…
Home Mortgage | Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Qualifying Credit Score For Mortgage Used By Lenders
In this blog, we’ll explain the qualifying credit score that lenders use for mortgages. Mortgage underwriters determine this score by…
Manual Underwriting | FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos
Manual Underwriting With Extenuating Circumstances
In this article, we will be discussing and covering manual underwriting with extenuating circumstances and going over some common case…
How To Avoid Mortgage Denied By a Bank
Choosing the right lender with no lender overlays is the key on how to avoid mortgage denial
How Underwriters View Unsourced Funds In Mortgage Process
This guide covers how underwriters view unsourced funds while analyzing and reviewing a borrower. Unsourced funds have no paper trail,…
Why Underwriters Issue Denials
This guide covers why underwriters issue denials on mortgage loans. The mortgage process should not be a stressful process and…
Home Inspection Before Starting The Mortgage Process
This guide covers home inspection before proceeding with the mortgage process. A home inspection is an inspection of a home…
How to Get a Home Loan With No Credit
Many people have no credit score. This can make getting a mortgage to buy a home harder. However, it’s not impossible. You can re-establish credit after bankruptcy or other serious credit problems. And if you have no credit score at all, lenders can approve you with a non-traditional credit report.
Correspondent Lending Versus Mortgage Brokers
This blog aims to explore the difference between correspondent lending and mortgage brokers. A common inquiry we receive regularly pertains…
Factors Affect Pre-Approval And Stress During Mortgage Process
This article explores the Factors Affect Pre-Approval And Stress During Mortgage Process. Once individuals decide to purchase a home, the…
