Home Loan With Tax Lien And Judgment Mortgage Guidelines
Every Mortgage Loan Program Has Its Own Agency Guidelines When It Comes To Qualifying For A Mortgage With An Outstanding Tax Lien And/Or Judgment
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Mortgage Insurance Premium On NON-QM Mortgage Loans
Mortgage Insurance Premium on Non-QM Mortgage Loans: What You Need to Know When buying a home, mortgage insurance premium often pop up, especially if you’re putting down less than 20%. But what about non-QM mortgage loans? Do you still have to pay a mortgage insurance premium if you’re going non-QM? In this guide, we’ll break…
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What’s Worse: Foreclosure or Bankruptcy?
Bankruptcy and foreclosure both damage your credit and can make it difficult or impossible to buy or refinance a home. But one is worse than the other.
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What Do Mortgage Underwriters Look For During Review
Buying a house can be exciting, but feeling a bit nervous about the mortgage process is normal. One big question most borrowers have is: “What do mortgage underwriters look for?” Understanding this can make getting approved much easier. Today, we will clearly explain everything mortgage underwriters check when reviewing your loan application. What Do Mortgage…
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Home Loan With No Credit Tradelines Mortgage Guidelines
Getting a Home Loan With No Credit Tradelines: Your Complete 2025 Guide Buying a home is a thrilling achievement, but many borrowers face one big worry: Can you really get a home loan with no credit tradelines? Tradelines are credit accounts like credit cards, car loans, or personal loans that report monthly payments to credit…
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Denied a Loan? Non-QM Mortgage Guidelines Can Help
Non-QM Mortgage Guidelines: Your Guide to Getting Approved in 2025 If you’ve been told you don’t qualify for a traditional mortgage, don’t give up. Many homebuyers and investors are getting approved through non-QM mortgage loans. In this guide, we’ll break down the latest non-QM mortgage guidelines in 2025 so you understand your options and how…
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Property Tax Homestead Exemption For Homeowners in Florida
Property Tax Homestead Exemption: Your 2025 Guide to Lowering Your Tax Bill and Buying a Home If you’re a homeowner or planning to become one, you’ve probably heard about the property tax homestead exemption. But what is it? How does it work? And how can it help you save money and qualify for a mortgage?…
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Guidelines On Adding Co-Borrower To Qualify For Home Loan
Adding Co-Borrower To Qualify For Home Loan: Your Guide To Getting Approved in 2025 Trying to qualify for a home loan, but your income or credit isn’t quite enough? You’re not alone. One of the smartest ways to boost your chances is by adding co-borrower to qualify for home loan. In this guide, we’ll break…
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Buying or Refinancing After Forbearance Mortgage Guidelines
Buying or Refinancing After Forbearance: What You Need to Know If you’ve been through a forbearance and are now thinking about buying a new home or refinancing your current one, you’re not alone. Many people needed help during tough times, and mortgage forbearance was a lifeline. But now that you’re ready to move forward, you…
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Difference Between Forbearance Versus Loan Modification
Understanding Forbearance Versus Loan Modification in 2025 Are you having trouble making your mortgage payments? You’re not alone. Life happens—job loss, medical issues, or unexpected expenses can suddenly make paying your mortgage tough. Thankfully, homeowners have options. Two popular solutions are forbearance versus loan modification. But what’s the difference, and which one should you choose?…
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Mortgage After Bankruptcy and Foreclosure | High-Balance Mortgage Loans | Jumbo Loans | NON-QM Loans | Videos
Jumbo Loans Chapter 13 Bankruptcy Guidelines
Jumbo Loans Chapter 13 Bankruptcy Guidelines: How to Get Approved Many homebuyers think filing Chapter 13 bankruptcy means they can’t buy a home for a very long time. The good news? That’s not true—especially when it comes to jumbo loans. Understanding jumbo loans Chapter 13 bankruptcy guidelines can open new doors to homeownership, even if…
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Jumbo Versus High-Balance Mortgages in California
Jumbo Versus High-Balance Mortgages in California: Everything You Need to Know in 2025 If you’re considering buying a home in California, you’ve probably heard the terms jumbo loan and high-balance mortgage. What’s the real difference, and why does it matter? This article clearly explains jumbo versus high-balance mortgages, helping you make a smart decision about…
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Irregular Deposits Could Ruin Your Mortgage—Learn to Fix It
Buying a home is exciting. But when you’re applying for a mortgage, your bank statements can suddenly become a big deal. Mortgage underwriters will look closely at your finances to make sure you’re ready for homeownership. One thing that often raises questions? Irregular deposits. In this article, we’ll break down exactly what irregular deposits are,…
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Exempt Debts From Debt To Income Ratio for Mortgage
Getting approved for a mortgage isn’t just about your income and credit score. A huge factor lenders look at is your Debt-to-Income ratio (DTI). But did you know some debts don’t even count against you when lenders figure out your DTI? Understanding exempt debts from debt to income ratio can significantly impact your mortgage application….
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FHA 203i Loans Mortgage Lending Guidelines For Borrowers
Understanding FHA 203i Loans: Exploring Your Options with Gustan Cho Associates Are you considering purchasing a home in a rural area? Understanding your financing options is crucial. In this article, we will delve into FHA 203i loans, their current relevance, and alternative mortgage solutions that better suit your needs. What Are FHA 203i Loans? The…
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Moving and Buying a House in a Coastal City in the U.S.
Buying a House in a Coastal City: The Ultimate Guide to Coastal Living and Homeownership Have you ever dreamed of waking up to the sound of waves crashing against the shore? Alex Carlucci, a senior loan officer at Gustan Cho Associates, explains the benefits of the mild climate in buying a house in a Coastal City…
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Adding Yourself To Another Bank Account to Qualify for Mortgage
Adding Yourself to Another Bank Account to Qualify for a Mortgage If you’ve been told that your bank statements could be a problem for mortgage approval, you’re not alone. Many borrowers don’t realize how closely lenders examine bank accounts during the mortgage process. You might struggle to qualify if your account history has overdrafts, irregular…
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Low-Down-Payment Mortgage For First-Time Homebuyers
Low Down Payment Mortgage: First-Time Homebuyer’s Guide to Homeownership Can You Buy a Home With Little to No Down Payment? Yes! If you think you need 20% down to buy a home, think again! Multiple low down payment mortgage options allow first-time homebuyers to secure a home with as little as 0% to 3.5% down….
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New Jersey Mortgage Calculator With PITI, PMI, HOA and DTI
New Jersey homebuyers can now use the New Jersey Mortgage Calculator powered by Gustan Cho Associates to get the most accurate estimated monthly mortgage payment. If you have shopped for a home in the state of New Jersey, you know how difficult it is to calculate your total monthly payment. It is no secret that…
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Re-Establishing Credit During Waiting Period
Re-Establishing Credit During Waiting Period: How to Boost Your Credit and Get a Mortgage Life happens. Job loss, medical emergencies, divorce, or business failures can lead to financial setbacks, including bankruptcy, foreclosure, short sales, or deed-in-lieu of foreclosure. The good news? You can rebuild. Even if you’re in a waiting period after a significant financial…
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Conforming Loans After Bankruptcy and Foreclosure
Conforming Loans After Bankruptcy and Foreclosure: How to Get Approved If you’ve gone through bankruptcy or foreclosure, you might think homeownership is out of reach. But the good news is you can still qualify for a conforming loan—you just need to know the waiting periods, requirements, and steps to get approved. At Gustan Cho Associates,…
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Washington Mortgage Calculator
Washington Mortgage Calculator Homebuyers in Washington state can easily compute their true most accurate monthly mortgage payment and front-end and back-end debt-to-income ratio using the Washington Mortgage Calculator powered by Gustan Cho Associates. After realizing there is no online home loan calculator that gives an accurate monthly mortgage payment, the team at Gustan Cho Associates…
