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Gustan Cho Associates
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      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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Credit Scores

Home / Credit Scores
Hard Pull Credit Inquiries
Credit Scores | Letter Of Explanation | Videos

How Hard Pull Credit Inquiries Affect Credit Scores For a Mortgage

ByGustan Cho Posted onJanuary 7, 2025January 14, 2025

Understanding Hard Pull Credit Inquiries: Your Guide to Smarter Credit Decisions When you’re considering buying a home, every step you…

Continue Reading How Hard Pull Credit Inquiries Affect Credit Scores For a MortgageContinue

Changes in Credit Report During Mortgage Process
Credit Disputes | Credit Scores | Mortgage Processing And Underwriting | Videos

Changes In Credit Report During Mortgage Process

ByGustan Cho Posted onDecember 16, 2024December 20, 2024

This guide covers changes in credit report during mortgage process. Credit scores and debt-to-income ratios determine whether borrowers qualify for…

Continue Reading Changes In Credit Report During Mortgage ProcessContinue

Qualifying Credit Score For Mortgage
Home Mortgages | Credit Scores | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Videos

Qualifying Credit Score For Mortgage Used By Lenders

ByAnngelli Abenes Posted onMay 8, 2024April 7, 2025

In this blog, we’ll explain the qualifying credit score that lenders use for mortgages. Mortgage underwriters determine this score by…

Continue Reading Qualifying Credit Score For Mortgage Used By LendersContinue

Credit Scores and Mortgage Rates
Credit Scores | Mortgage Rates | Videos

Credit Scores and Mortgage Rates versus Pricing Adjustments

ByGustan Cho Posted onApril 29, 2024February 10, 2025

This guide covers credit scores and mortgage rates versus pricing adjustments. Credit scores and mortgage rates go side by side….

Continue Reading Credit Scores and Mortgage Rates versus Pricing AdjustmentsContinue

FHA Loan With Under 600 Credit Score
Bad Credit Mortgages | Credit Scores | FHA Loans | Videos

Can I Get an FHA Loan With Under 600 Credit Score

ByGustan Cho Posted onApril 19, 2024August 21, 2024

In this blog post, we’ll explore obtaining an FHA loan with a credit score under 600. Gustan Cho Associates specializes…

Continue Reading Can I Get an FHA Loan With Under 600 Credit ScoreContinue

Credit Report vs Credit Scores
Home Mortgages | Credit Disputes | Credit Scores | Videos

How Underwriters Look at Credit Report vs Credit Scores

ByGustan Cho Posted onApril 9, 2024April 7, 2025

This blog will cover how mortgage underwriters look at credit report vs credit scores. Minimum credit scores are required to…

Continue Reading How Underwriters Look at Credit Report vs Credit ScoresContinue

12 Month Bank Statement Mortgage For Self-Employed Borrowers
NON-QM Loans | Bank Statement Loans | video | Videos

12 Month Bank Statement Mortgage For Self-Employed Borrowers

ByGustan Cho Posted onApril 8, 2024August 16, 2024

This article covers 12 Month Bank Statement Mortgage For Self-Employed Borrowers Until recently, most self-employed home buyers had a difficult…

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Credit Tradelines NOT Reporting To Credit Bureaus
Credit Disputes | Credit Scores | Home Mortgages | Mortgage Processing And Underwriting | Videos

Credit Tradelines NOT Reporting To Credit Bureaus

ByGustan Cho Posted onMarch 19, 2024March 11, 2025

This guide addresses the issue of credit tradelines not reporting to credit bureaus. When faced with this situation, finding solutions…

Continue Reading Credit Tradelines NOT Reporting To Credit BureausContinue

FHA Credit Guidelines
Bad Credit Mortgages | Credit Disputes | Credit Scores | FHA Loans | Manual Underwriting | Mortgage After Bankruptcy and Foreclosure | Videos

FHA Credit Guidelines | Guide For FHA Loan Approval

ByDale Elenteny Posted onMarch 7, 2024August 8, 2024

In this article, we will discuss and cover the FHA credit guidelines on how to get qualified for an FHA…

Continue Reading FHA Credit Guidelines | Guide For FHA Loan ApprovalContinue

Credit Reports
Credit Scores | Mortgage Processing And Underwriting

Why Do Lenders Need Credit Reports and Scores

ByGustan Cho Posted onJanuary 12, 2024May 12, 2025

In this blog, we will cover why lenders need credit reports and credit scores to get borrowers a mortgage loan…

Continue Reading Why Do Lenders Need Credit Reports and ScoresContinue

Credit Scores Required For FHA and VA Loans
Bad Credit Mortgages | Credit Scores | FHA Loans | VA Loans | Videos

Credit Scores Required For FHA and VA Loans

ByGustan Cho Posted onDecember 4, 2023July 26, 2024

This guide covers the credit scores required for FHA and VA loans. Many borrowers are confused about the credit scores…

Continue Reading Credit Scores Required For FHA and VA LoansContinue

How To Review Credit Report
Home Mortgages | Videos

How To Review Credit Report During The Mortgage Process

ByGustan Cho Posted onOctober 25, 2023February 6, 2024

This guide covers how to review credit report during the mortgage process.  We will be discussing how to review credit…

Continue Reading How To Review Credit Report During The Mortgage ProcessContinue

FICO and VantageScore
Credit Scores | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

Difference Between FICO and VantageScore Credit Scores

ByAnngelli Abenes Posted onOctober 14, 2023December 18, 2023

This guide covers the differences between FICO and VantageScore Credit Scores. We will explain the differences between FICO and VantageScore…

Continue Reading Difference Between FICO and VantageScore Credit ScoresContinue

Credit Score Needed For Mortgage
Home Mortgages | Credit Scores | FHA Loans | Videos

Credit Score Needed For Mortgage on Home Loans

ByGustan Cho Posted onFebruary 7, 2023July 24, 2024

This blog will cover the credit score needed for mortgage on home loans. We will cover the frequently asked question…

Continue Reading Credit Score Needed For Mortgage on Home LoansContinue

Credit Card Balance vs Credit Scores
Re-Establishing Credit | Credit Scores | Mortgage Rates | Videos

The Correlation Between Credit Card Balance vs Credit Scores

ByGustan Cho Posted onDecember 9, 2022July 23, 2024

In this article, we will cover the correlation between credit card balance vs credit scores. There are mortgage guidelines on…

Continue Reading The Correlation Between Credit Card Balance vs Credit ScoresContinue

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

DTI Calculators

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Resources

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  • GCA Approves When Others Can’t
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  • How To Un-Freeze a Credit File?
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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