Get Your Mortgage Quote in Minutes

How Do I Get Qualified and a Fast Quote for a Mortgage

Gustan Cho Associates has a national reputation for being able to do mortgage loans that other lenders cannot. After completing the official mortgage loan application, upload documents required for pre-approval, such as 30 days of paycheck stubs, two years of W2s, and 60 days of bank statements.

The final step to get pre-approved is to click the ORDER CREDIT REPORT link. Pay through the Smart Fee link and complete the form to order your tri-merger credit report.

You can access your tri-merger credit report by paying for your credit report through the Smart Fee link. Your loan officer will also have instant access to your credit report to be able to run your mortgage loan application through the automated underwriting system. I will send you a pre-approval letter if you get approved/eligible according to the automated underwriting system.

How Does Gustan Cho Associates Work? How Do I Get Qualified and a Fast Quote For a Mortgage?

Getting a mortgage is a highly competitive market. It may be very challenging, especially with credit hardships, inconsistencies in income streams, or being turned down in the past. Gustan Cho Associates helps over 80% of clients turned away by other mortgage companies.

Besides government and conventional loans, Gustan Cho Associates has a lending network of 280 financial institutions, with many non-QM and alternative financing niche wholesale lenders. Gustan Cho Associates’ mission is to make the dream of homeownership a reality.

Key Qualification Factors

One of the main reasons Gustan Cho Associates stands out is the flexibility they offer with lender criteria. Over 80% of our borrowers could not qualify at other mortgage companies.

We have created and published this practical guide on fast quote to explain how to qualify rapidly, get a fast quote, and begin realizing your homeownership dream with Gustan Cho Associates. For pre-qualifications, fast no-overlay loans, and quick approvals, even for low FICO or bad credit, you may call 1-800-900-8569 or go to gustancho.com/fast-quote to get in touch with them.

Mortgage Qualification Basics

Unlike traditional lenders who rigidly follow overlays to assess borrowers, which makes them risk-averse, Gustan Cho Associates employs a borrower-first strategy and looks at the totality of a borrower’s financial situation. The team at Gustan Cho Associates specializes in mortgages with lower credit scores and non-QM loans. Gustan Cho Associates has a national reputation for working with clients with low and bad credit, recent bankruptcies, or self-employed borrowers.

Credit History and Scores:

Gustan Cho Associates is an expert in helping borrowers get mortgage loan approvals with credit scores down to 500. We follow the minimum agency guidelines of HUD, VA, USDA, Fannie Mae, and Freddie Mac. There are no other lender overlays.

Income Verification:

People under a W-2 can just as easily use their paycheck stubs and file taxes to provide the needed paperwork. Self-employed borrowers can just as easily use bank statements or a stated income to provide the needed income, and do not have to submit income tax returns.

Assets and Down Payment:

Other options available for clients include the FHA loan, which only requires 3.5% down payment, or USDA and VA loans, which have no down payment requirements.

Employment and Liabilities:

Don’t worry about having a few months of debt. Other available options include a co-signer or simply other, more lenient documents.

We have everything from all-in-one new construction loans, FHA 203k loans, FHA loans, VA loans, USDA loans, and every non-QM loan program you can think of.

Navigating Through Common Problems

Are you having difficulties with unemployment, erratic income, or poor credit? Gustan Cho Associates is the industry leader in solution-focused strategy. Self-employed borrowers gain from bank statement loans, while those with low credit scores and bad credit. With our no-overlay policy, you do not have to be concerned with any last-minute denials or stress during the mortgage process.

How to Close a Mortgage Loan in Two Weeks

Here’s the procedure for obtaining a mortgage quote with Gustan Associates if you are unsure of the steps.

The loan officer will send a secured link to an online mortgage loan application, which takes just a few minutes to complete and upload the necessary documents needed to get pre-approved. Mortgage documents required to help speed up the pre-approval process include ID, social security card, pay stubs, two years of W2s, 60 days of bank statements, and other documents. A tri-merger credit will be pulled. If the borrower cooperates and has 30 minutes to one hour, you can get pre-approved and start shopping for a home.

Fast Quote And Mortgage Pre-Approval

After the loan officer thoroughly reviews your credit, income, assets, and liabilities, you will be issued a pre-approval letter. Our pre-approval letters are issued only if and only if we can close your loan, and a last-minute mortgage loan denial is absolutely unacceptable. You are able to close your home loan, and you can bet you will close it on time.

Gustan Cho Associates has the states (licensed in 48 states, including DC, Puerto Rico, and the U.S. Virgin Islands), has the products (government and conventional loans, non-QM loans, and commercial loans), and the rates (the Lowest and most competitive rates than other lenders).

Testimonials By Satisfied Borrowers

Our customers are rated with five stars on average and an A+ on the BBB, so our customers appreciate the outcome they receive.

Some of the loans they offer are physician and VA loans, which are specialized for veterans. One of the customers simplistically stated, “They approved my loan despite my credit history and applied for refinancing. Other companies denied me. They cleared to close in two weeks—unbelievably fast!

How Ready Are You To Start The Home Ownership Journey?

Determined clients range from self-employed individuals to those with credit issues. At Gustan Cho Associates, we relieve all of your mortgage worries. As long as you meet the 14-day closing period, you are guaranteed competitive terms no matter where you are in the mortgage application process. If you wish to receive pre-approval for a mortgage, please call us at 1-800-900-8569, or head over to gustancho.com/fast-quote.  

Why Gustan Cho Associates as a Mortgage Provider  

At Gustan Cho Associates, we also pride ourselves in home ownership mortgage assistance over and above home equity. With the unparalleled effectiveness of our in-house underwriting, we are in a position to assist potential borrowers throughout the 48 contiguous states, as well as Washington D.C. and Puerto Rico.  

Want To Start?

Request a mortgage quote today by calling 1-800-900-8569 or completing our Fast Quote to get a customized mortgage quote.

How to Get Pre-Approved for a Mortgage in Minutes

Pre-approvals at Gustan Cho Associates are as easy as a click of a button. Get hassle-free after fulfilling the obligations in these simple steps.

Step 1: Submit Your Application

To apply, please click [gustancho.com/fast-quote](https://gustancho.com/fast-quote) and complete our application form of no more than 2 mins to secure your place.

Step 2: Upload Required Documents  

You may pre-upload the following documents to fast track the pre- approval process:  

Step 3: Purchase the Tri-Merge Credit Report   

Go to our website and click the ORDER CREDIT REPORT to pay through the Smart Fee. This option allows loan officers to obtain the report immediately and to submit the application to the Automated Under Writing System (AUS).  

Step 4: Receive Pre-Approval Confirmation   

The pre- approval letter will be given to you as soon as the loan officer completes the assessment of your income, assets, credit, and liabilities. This powerful letter will help you to search for your dream home with confidence. We provide pre- approval letters as an act of our willingness to provide the loan and close on time with no last-minute denials.  

Overcoming Popular Issues With Mortgage 

That said, overcoming Popular Issues With Mortgage can be tough. This is usually the case when you might have encountered some sort of financial difficulty in the past.  At Gustan Cho Associates. we have focused on the domain of Popular Issues With Mortgage and we know how to tackle the following.  

Self-Employed Borrowers  

Financial Difficulties 

Why Speed Matters in The Mortgage Process

At Gustan Cho Associates, We Focus On Speed And Precision:

Customer Success Stories

We have a lot of happy clients, which is probably why we maintain a 5-star rating and an A+ BBB rating.

Here is a sample of testimonials that we have received:

John M., Veteran

I was denied by three other lenders due to my credit history. Gustan Cho Associates got me approved for a VA loan and closed in just 17 days. Unbelievable!

Sarah T., Small Business Owner

As a self-employed borrower, I struggled to qualify elsewhere. Gustan Cho Associates used my bank statements and got me pre-approved in a day!

Michael R., First-Time Homebuyer

Their team was available for all my questions, even on weekends! I was able to close my FHA loan in 25 days!

After reading this, does it make you ready to become our next success story? Call 1-800-900-8569 or go to our website at Gustan Cho Associates.

What Documents Are Needed for Pre-Approval?

If you want to speed up the process of being pre-approved, you should submit:

• 30 days of paycheck stubs.
• Two years of W-2s and tax returns (if applicable) or 1040s.
• 60 days of bank statements.
• Government-issued ID and Social Security Card.

If self-employed borrowers are tax return exempt, they can submit bank statements.

Frequently Asked Questions

What Credit Score Is Needed to Qualify?

• Gustan Cho Associates will approve you for a mortgage with a FICO score as low as 500 and no credit score through alternative methods.
• Non-traditional credit is available.
• Higher credits will score better rates.

How Fast Can I Get a Quote?

• A reasonable time estimate to receive a personalized quote is within a few hours.
• Qualification is done instantly through telephone, and pre-approvals are often done on the same day.

Can I Qualify After Bankruptcy or Foreclosure?

• Of course, Chapter 13 bankruptcy loans are available, and our non-QM loan one day out of bankruptcy or foreclosure supports the recovery process and is often faster than other lenders.
• Surprisingly, other lenders tend to be quicker.

What Income Sources Are Accepted?

Verifiable income includes W-2s, 1099s, bank statements for the self-employed, and non-traditional sources of income, such as rental history, used for the DTI calculation.

Are Down Payment Assistance Programs Available?

Yes, there are down payment assistance programs through FHA that aid first-time homebuyers to start with a down payment of 3.5%.

Is Gustan Cho Associates Licensed in My State?

• They are licensed in 48 states, which do not include NY or MA, as well as D.C., Puerto Rico, and the U.S. Virgin Islands.
• Surprisingly, other lenders tend to be quicker.

Contact Gustan Cho Associates Today Online Chat Hours:

• Monday – Friday: 8:00 a.m. – Midnight ET.
• Saturday & Sunday: 9:00 a.m. – Midnight ET.
• Take the first step towards homeownership today!
• Ensure your homeownership dreams are achieved with Gustan Cho Associates!

If you are interested in this process, please get in touch with Gustan Cho Associates at 1-800-900-8569 or go to gustancho.com/fast-quote for a rapid mortgage quote. With this, your dream of owning a home can come true.