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Gustan Cho Associates
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    • 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
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      • 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
      • ITIN Mortgage Loans
      • No-Doc Loans
    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
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  • CareersExpand
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Call or Text: (800) 900-8569

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Mortgage Processing And Underwriting

Home / Mortgage Processing And Underwriting - Page 6
Moving to New Home
Home Purchase | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

Qualifying For a Home Mortgage Moving To New Home

ByMike Gracz Posted onJanuary 11, 2024January 12, 2024

This guide covers qualifying and getting approved for a home mortgage moving to new home. Moving to new home is…

Continue Reading Qualifying For a Home Mortgage Moving To New HomeContinue

Overdrafts in Bank Statements
Mortgage Processing And Underwriting | Videos

How Underwriters View Overdrafts in Bank Statements

ByGustan Cho Posted onJanuary 10, 2024April 24, 2025

Most mortgage lenders typically disapprove of overdrafts in bank statements. The presence of overdrafts in bank statements is viewed negatively…

Continue Reading How Underwriters View Overdrafts in Bank StatementsContinue

What Do Lenders Look in Bank Statements
Videos | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved

What Do Lenders Look in Bank Statements in Mortgage Process

ByGustan Cho Posted onJanuary 9, 2024May 17, 2024

This guide covers what do lenders look in bank statements during the mortgage process. Every mortgage lenders require borrowers to…

Continue Reading What Do Lenders Look in Bank Statements in Mortgage ProcessContinue

Loan Estimate
Home Mortgages | Mortgage Processing And Underwriting | Regulations | Videos

Everything You Need To Know About The Loan Estimate

ByJohn Strange Posted onJanuary 9, 2024April 29, 2024

In this blog, we will discuss and extensively cover everything you need to know about the loan estimate. The Loan…

Continue Reading Everything You Need To Know About The Loan EstimateContinue

Fully Underwritten TBD Mortgage Approval
Mortgage Processing And Underwriting | Conditional Loan Approval | Videos

Fully Underwritten TBD Mortgage Approval As Pre-Approvals

ByAlex Carlucci Posted onJanuary 7, 2024January 31, 2025

In this blog, we will cover and discuss getting a fully underwritten TBD mortgage approval as pre-approvals. Fully Underwritten TBD…

Continue Reading Fully Underwritten TBD Mortgage Approval As Pre-ApprovalsContinue

Mortgage Process Leading To Closing
Mortgage Processing And Underwriting | Clear To Close | Videos

Mortgage Process Leading To Closing For Borrowers

ByGustan Cho Posted onJanuary 7, 2024July 26, 2024

This guide covers the mortgage process leading to closing for borrowers. The home buying and mortgage process leading to closing…

Continue Reading Mortgage Process Leading To Closing For BorrowersContinue

Mortgage Approval With 580 Credit Score
FHA Loans | Credit Scores | Mortgage Processing And Underwriting | VA Loans | Videos

Mortgage Approval With 580 FICO Credit Score

ByGustan Cho Posted onJanuary 7, 2024November 4, 2024

This guide covers mortgage approval with 580 FICO credit score. The Federal Housing Administration, a subsidiary of the United States…

Continue Reading Mortgage Approval With 580 FICO Credit ScoreContinue

Closing Mortgage on Time
Mortgage Processing And Underwriting | Clear To Close | Qualifying & Getting Pre-approved | Videos

Closing Mortgage on Time Without Delays

ByAlex Carlucci Posted onJanuary 6, 2024July 26, 2024

This guide covers closing mortgage on time without stress during the mortgage process. All mortgage loans should not be delayed…

Continue Reading Closing Mortgage on Time Without DelaysContinue

Importance of Job Stability
Income And Employment | Gaps In Employment | Mortgage Processing And Underwriting | Videos

Importance of Job Stability When Buying a House

ByMargarett Jurilla Posted onJanuary 5, 2024July 26, 2024

This guide covers the importance of job stability when buying a house with a mortgage. Income is the most important…

Continue Reading Importance of Job Stability When Buying a HouseContinue

How Long is a Pre-Approval Valid
Home Mortgages | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

How Long is a Pre-Approval Valid When Shopping For a Home

ByGustan Cho Posted onDecember 28, 2023July 26, 2024

This guide cover how long is a pre-approval valid when shopping for a home. A pre-approval letter is a ticket…

Continue Reading How Long is a Pre-Approval Valid When Shopping For a HomeContinue

How Credit Repair Can Affect The Mortgage Process
Automated Underwriting System | Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Videos

How Credit Repair Can Affect The Mortgage Process

ByGustan Cho Posted onDecember 11, 2023February 10, 2025

This guide covers how credit repair can affect the mortgage process and cause a mortgage loan denial. There are several…

Continue Reading How Credit Repair Can Affect The Mortgage ProcessContinue

Verified Funds For Home Closing
Mortgage Processing And Underwriting | Clear To Close | Videos

Verified Funds For Home Closing Prior To Clear-To-Close

ByGustan Cho Posted onDecember 4, 2023July 26, 2024

This guide covers verified funds for home closing before clear-to-close. Failure to provide verified funds for home closing before clear-to-close…

Continue Reading Verified Funds For Home Closing Prior To Clear-To-CloseContinue

College Education Versus Work Experience
Income And Employment | Mortgage Processing And Underwriting | Videos

College Education Versus Work Experience Mortgage Guidelines

ByAlex Carlucci Posted onDecember 3, 2023October 9, 2024

This guide covers qualifying for a mortgage after college education versus work experience mortgage guidelines.  We will further cover why…

Continue Reading College Education Versus Work Experience Mortgage GuidelinesContinue

Choosing A Loan Officer
Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

Choosing a Loan Officer With No Mortgage Lender Overlays

ByJohn Strange Posted onDecember 1, 2023April 7, 2025

This guide covers choosing a loan officer with no mortgage lender overlays. This guide will discuss watching out for these…

Continue Reading Choosing a Loan Officer With No Mortgage Lender OverlaysContinue

When Things Go Wrong During The Mortgage Process
Mortgage Processing And Underwriting | Videos

When Things Go Wrong During The Mortgage Process

ByGustan Cho Posted onNovember 27, 2023July 26, 2024

This guide covers solutions for when things go wrong during the mortgage process. The mortgage process can be very stressful….

Continue Reading When Things Go Wrong During The Mortgage ProcessContinue

Steps of the Home Mortgage Process
Clear To Close | Mortgage Processing And Underwriting | Videos

Steps of the Home Mortgage Process

ByGustan Cho Posted onNovember 19, 2023July 26, 2024

This guide details the steps of the home mortgage process, from pre-approval to closing. Taking the proper steps of the…

Continue Reading Steps of the Home Mortgage ProcessContinue

How The VA Mortgage Process Work
Mortgage Processing And Underwriting | VA Loans | Videos

How The VA Mortgage Process Work For Homebuyers

ByGustan Cho Posted onNovember 4, 2023June 24, 2024

This guide covers how the VA mortgage process work for homebuyers. How the VA mortgage process work? VA loans are…

Continue Reading How The VA Mortgage Process Work For HomebuyersContinue

Mortgage Denial By Underwriter
Mortgage Processing And Underwriting | Conditional Loan Approval | Videos

The Next Steps After a Mortgage Denial By Underwriter

ByGustan Cho Posted onOctober 28, 2023July 26, 2024

This guide covers taking the next steps after getting a mortgage denial by underwriter. There should be no mortgage denial…

Continue Reading The Next Steps After a Mortgage Denial By UnderwriterContinue

The Role of a Mortgage Loan Processor
Mortgage Processing And Underwriting | Videos

The Role of a Mortgage Loan Processor

ByAlex Carlucci Posted onJuly 19, 2023July 3, 2024

This guide covers the role of a mortgage loan processor. We will discuss the important role processors undertake during the…

Continue Reading The Role of a Mortgage Loan ProcessorContinue

Understanding Mortgage Application Process To Avoid Delays
Home Mortgages | Mortgage Processing And Underwriting | Videos

Understanding Mortgage Application Process To Avoid Delays

ByLaurie Cho Posted onJuly 15, 2023July 25, 2024

This blog is about understanding mortgage application process to avoid delays. Despite the countless mortgage lending guidelines, applying for a…

Continue Reading Understanding Mortgage Application Process To Avoid DelaysContinue

Final Mortgage Underwriter Approval Prior To Clear To Close
Mortgage Processing And Underwriting | Videos

Final Mortgage Underwriter Approval Prior To Clear To Close

ByGustan Cho Posted onJuly 1, 2023May 15, 2024

This guide covers final mortgage underwriter approval prior to clear to close. The mortgage process is a true process that…

Continue Reading Final Mortgage Underwriter Approval Prior To Clear To CloseContinue

Mortgage With High Student Loan Debts
Student Loans | High Debt To Income Ratio | Mortgage Processing And Underwriting | Videos

Qualifying For Mortgage With High Student Loan Debts

ByGustan Cho Posted onJune 30, 2023November 4, 2024

This guide covers qualifying for mortgage with high student loan debts. Every loan program has different guidelines on mortgage with…

Continue Reading Qualifying For Mortgage With High Student Loan DebtsContinue

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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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Resources

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Equal Housing Opportunity Lender Gustan Cho Associates empowered by NEXA Mortgage LLC. NMLS# 1660690,
Corporate Address: 3100 Ray Road Suite 201 Office # 209 | Chandler AZ 85226 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
      • ITIN Mortgage Loans
      • 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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