Call or Text: (800) 900-8569
Email Us: alex@gustancho.com
This guide covers recent changes in mortgage compliance and regulations. So, mortgage interest rates are increasing and have been the highest since 2008. Mortgage lending guidelines and mortgage compliance have tightened up to the point where prime borrowers are the norm. Dale Elenteny, a senior mortgage loan originator at Gustan Cho Associates says the following…
In this blog, we will cover and discuss the down payment guidelines on home purchase mortgage loans. The down payment guidelines and requirements depend on the particular loan program. Government loans have lower down payment requirements due to the lower level of risk lenders take due to the government guarantee. Understand the difference of Non-QM…
Homebuyers should ask for seller concessions from the home seller to pay closing costs. There are two types of costs for a home purchase. The down payment and closing costs. Most homebuyers do not have to come up with closing costs. Alex Carlucci, a senior mortgage loan officer at Gustan Cho Associates and an associate…
Jumbo Loans With Low Down Payment And Bad Credit: What Borrowers Need To Know In this guide, we will discuss and cover jumbo loans with low down payment and bad credit on home purchases. Jumbo loans with low down payment and bad credit are starting to make a comeback across the United States. Since these…
Homebuyers with pending income tax returns or significant unreimbursed business expenses may be eligible for W2-only income mortgages. Gustan Cho Associates doesn’t mandate income tax returns from borrowers unless the Automated Underwriting System specifically demands a two-year tax return for qualification. We offer W2-Only Income Mortgages on the following loan programs: FHA loans VA loans…
Will Mortgage Rates Rise in 2026? What Homebuyers and Homeowners Need to Know Will mortgage rates rise or will there be a correction in 2026? With interest rates and home prices at the top of mind for both homebuyers and real estate investors, many are asking the big question. Will mortgage rates rise in 2026?…
Nebraska Mortgage Loans: FHA, VA, USDA, Conventional, Jumbo, and Non-M Home Loans Building a roadmap to homeownership in Nebraska starts with identifying financing options. Are you a first-time homebuyer? Maybe you are a veteran or even looking to enjoy an upgrade. This guide will help you pinpoint Nebraska mortgage loans, home state assistance mortgage programs,…
In this blog, we will cover how to write a letter of explanation to mortgage underwriters. Borrowers planning on applying for home loans or are currently going through the mortgage process will encounter underwriters who will require a letter of explanation for one or more items. This is often the case if borrowers have previous…
Montana Mortgage Loans: Home Loan Choices for Buyers in 2026 Explore the world of Montana mortgage loans, from FHA and VA to jumbo and non-QM options. Discover down payment assistance, first-time buyer programs, and smart ways to lock in great rates across Montana’s most budget-friendly areas. Explore the best Montana mortgage loans, including FHA, VA,…
This guide covers the top reasons to refinance your current home loan. Many homeowners should be thinking of refinancing your current mortgage to see if there are ways of saving money. Most homeowners do not realize the type of money they can save by refinancing their current home loan. Top reasons to refinance a home loan…
Understanding the Mortgage Process Timeline: Your Step-by-Step Guide to Getting a Mortgage in 2026 Buying or refinancing your mortgage can seem like a big job. However, knowing the mortgage process timeline can make things a lot simpler. Whether you’re purchasing your dream home or considering getting a second mortgage with Gustan Cho Associates, knowing what…
Utah Mortgage Loans: FHA, VA, USDA, Conventional, Jumbo, Non-QM Home Loans 2026 Utah homebuyers can choose from several mortgage options, such as FHA, VA, USDA, conventional, jumbo, and Non-QM loans. First-time buyers often consider FHA loans or down payment assistance, while those who qualify may be eligible for USDA or VA loans with no down…
Tennessee Mortgage Loans: FHA, VA, USDA, Conventional, Jumbo, and Non-QM home loans available across Tennessee. Finding the right Tennessee mortgage can be overwhelming, especially with the numerous programs and assistance available. This guide explains FHA, VA, USDA, Conventional, Jumbo, and non-QM loans to help you make informed, confident choices. Explore Tennessee’s mortgage loan options, including…
This article covers reasons why hiring realtor on home purchase is important. Getting hooked up with the right real estate agent is one of the most important factors in the home buying process. Most homebuyers need a real estate agent who not only is knowledgeable but is also familiar with the area and its pros…
USDA loans offer 100% financing (no down payment) for eligible buyers purchasing in USDA-approved rural and select suburban areas. This guide breaks down the real USDA home loan requirements—income limits, credit/DTI guidelines, property rules, and the USDA eligibility map—so you can quickly tell if you qualify and what to do next. Quick USDA Eligibility Checklist…
In this article, we will cover and discuss homes for heroes mortgage for firefighters and police officers. Gustan Cho Associates are excited to roll out our participation in the Homes For Heroes Real Estate Network. This Network is consisting of Realtors, loan officers, title companies, and inspectors to create discounts for the heroes that make…
Hard Money Loan Closings: A Complete Guide to Quick Financing for Real Estate Investors Are you a real estate investor looking for fast financing solutions to close deals? Hard money loans may be the answer, especially when you need a quick closing. In this comprehensive guide, we’ll walk you through everything you need to know…
Buying a Home With a VA Loan in 2026: The Clear, No-Nonsense Guide You served. You earned this benefit. Buying a home with a VA loan in 2026 can mean no down payment, no monthly PMI, and less cash needed at closing. This guide explains eligibility, entitlement, seller credits, funding fees, appraisals, and the steps…
In this blog, we will cover and discuss the steps in buying and selling a home and closing on time. Many renters who have been on the sidelines are beginning to pull the trigger on buying their first home. Christy Hembree, a senior mortgage loan originator at Gustan Cho Associates says the following about step…
Buying a home with less-than-perfect credit can feel overwhelming, especially if you are thinking about hiring a credit repair company. Many borrowers assume disputing accounts or removing negative items is the fastest way to qualify for a mortgage. In reality, some credit repair actions can delay underwriting, reduce your usable credit score, or create last-minute…
This guide covers eliminating FHA mortgage insurance premium by refinancing FNMA. Borrowers taking out an FHA insurance mortgage loan, besides paying an upfront mortgage insurance premium of 1.75%, borrowers need to pay an annual FHA mortgage insurance premium of 0.55% for the life of the FHA Loan. Understand exactly how FHA upfront MIP (1.75%) and…
What People Mean Today When They Search for No Doc Loans True no doc loans are rare today. Most borrowers searching for no doc loans are really looking for low-doc or alternative-documentation mortgage options such as bank statement loans, DSCR loans, and asset depletion loans. These programs are for people who struggle to get approved…
CALL NOW