Freddie Mac Mortgage Guidelines on Conventional Loans
This guide covers Freddie Mac mortgage guidelines on conventional loans. We will also go over the recent Freddie Mac updates…
Home Builders Steering Lenders Mortgage Guidelines
The practice of home builders steering lenders refers to the common industry practice of recommending or ” steering” homebuyers toward…
Manual Underwriting Versus Automated Underwriting Guidelines
In this blog, we will cover and discuss manual underwriting versus automated underwriting guidelines. The Automated Underwriting System is a…
Owner-Occupant Multi-Family Mortgage Guidelines
We will discuss and cover owner-occupant multi-family mortgage guidelines on two to four units. Any property between one to four…
Refinance Mortgage When House Is Still Listed For Sale By Owners
In this article, we will discuss and cover Refinance Mortgage When House Is Still Listed For Sale By Owners. In…
What Is The Benefit of Buying a House in California Versus Other States
This guide covers the benefit of buying a house in California versus other states. California reached record home prices Despite…
Funds In Bank Statements That Cannot Be Used By Lenders
This guide covers funds in bank statements that mortgage lenders cannot use. All funds in bank statements that are newer…
Is Homeownership The Best Way To Build Wealth?
This blog will cover how to build wealth by owning versus renting a home. We will show you how quickly…
How Mortgage Underwriters View Declining And Irregular Income?
In this blog, we will cover and discuss how mortgage underwriters view the declining and irregular income of borrowers. There…
Yield Spread Premium Charged By Mortgage Brokers
Mortgage brokers are paid a commission, referred to as Yield Spread Premium Explained, from wholesale mortgage lenders or end lenders,…
How to Get a Mortgage With Short Employment History
A two-year employment history does not necessarily mean two consecutive years at the same job. You can have gaps in employment and/or multiple jobs in the most recent two years and still qualify for mortgage approval. In some cases, you can qualify for a mortgage with 12 months employment history.
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…
NON-QM Loans After Bankruptcy With Bad Credit and Low FICO
Non-QM loans after bankruptcy and foreclosure allow homebuyers to purchase a home with no waiting period after bankruptcy and/or a…
Clear To Close In 2 Weeks or Less Mortgage Process
This guide covers clear to close in 2 weeks or less mortgage process at Gustan Cho Associates. I run into…
FHA Loan With Judgment Mortgage Guidelines
This blog will discuss qualifying for an FHA loan with judgment mortgage guidelines and requirements. A Judgment is probably the…
Condotel Financing Mortgage Guidelines
In this blog, we will discuss and cover condotel financing mortgage guidelines. Condotels are condominium units that are within a…
Impact of Credit Score Changes During Mortgage Process
This guide covers the impact of credit score changes during mortgage process and how it impacts borrowers. Credit Score Changes…
FHA Guidelines on Mortgage After Loan Modification
In this blog, we will cover FHA guidelines on mortgage after loan modification. FHA Guidelines on Mortgage After Loan Modification…
Best Mortgage Calculator | PITI, PMI, MIP, and DTI
Best Mortgage Calculator Powered by Alex Carlucci of Gustan Cho Associates Select a StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaPuerto…
Self-Employed Mortgage Borrowers With No Income Tax Returns
In this guide, we will cover self-employed mortgage borrowers with no income tax returns required on a home purchase. Many…
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Investing in Real Estate in The Virgin Islands
In recent years, the United States Virgin Islands have seen an unprecedented boom in tourism. Money started trickling into the island through investments and tourism. This means that even the hospitality industry has directly
