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    • Contact Us
    • Get Pre-Approved
    • Order Credit
    • FICO Simulator
    • MLO License School
    • Why Choose Us
    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
      • Conforming Loan Limits
    • Preferred Realtor Partner NetworkExpand
      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
  • Types Of MortgagesExpand
    • PurchaseExpand
      • Home Purchase Loans
      • Investment Property Loan
    • RefinanceExpand
      • Refinance Mortgage Options
      • Chapter 13 Bankruptcy Cash-Out-Buyout
      • FHA Streamline Refinance
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      • Refinancing NON-QM Loans Into Conventional Mortgages
      • Refinance FHA To Conventional Loans
    • FHA Home LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • 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 LoansExpand
      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
      • Foreign Nationals
      • ITIN Mortgage Loans
      • No-Doc Loans
    • Jumbo Mortgage
    • FHA 203K Loans
    • Reverse Mortgages
    • Commercial Loans
  • CareersExpand
    • Can Realtors Be MLOs At The Same Time
    • Career OpportunitiesExpand
      • Training a New Mortgage Loan Officer Without Any Experience
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Call or Text: (800) 900-8569

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FHA loans

Home / FHA loans - Page 6
Common Credit Score Questions
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | Credit Disputes | Credit Scores | Re-Establishing Credit | Videos

Common Credit Score Questions From First-Time Homebuyers

ByMargarett Jurilla Posted onMarch 19, 2024August 13, 2024

This guide covers common credit score questions from first-time homebuyers. What does a “good credit or good FICO” really mean…

Continue Reading Common Credit Score Questions From First-Time HomebuyersContinue

FHA Loan Limits in Chicago
FHA Loans | Real Estate Topic | Videos

FHA Loan Limits in Chicago and Surrounding Suburbs

ByGustan Cho Posted onMarch 19, 2024August 13, 2024

HUD, the parent of FHA, has increased FHA loan limits in Chicago for six consecutive years due to rising home…

Continue Reading FHA Loan Limits in Chicago and Surrounding SuburbsContinue

FHA Total Scorecard
Mortgage Processing And Underwriting | Compensating Factors | FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Verification Of Rent | Videos

Revised FHA Total Scorecard Underwriting Guidelines

ByGustan Cho Posted onMarch 19, 2024August 13, 2024

This blog will cover the FHA Total Scorecard and how it works. The United States Department of Housing and Urban…

Continue Reading Revised FHA Total Scorecard Underwriting GuidelinesContinue

Understanding FHA Mortgage Rates
Mortgage Rates | FHA Loans | Videos

Understanding FHA Mortgage Rates on Purchase and Refinance

ByGustan Cho Posted onMarch 18, 2024August 13, 2024

This guide covers understanding FHA mortgage rates on purchase and refinance transactions. FHA loans are the most popular mortgage program…

Continue Reading Understanding FHA Mortgage Rates on Purchase and RefinanceContinue

Do I Have To Pay Collections For FHA Loan
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | Conventional Loans | FHA Loans | Videos

Do I Have To Pay Collections For FHA Loan Approval

ByGustan Cho Posted onMarch 18, 2024September 23, 2024

This guide covers the frequently asked question do I have to pay collections for FHA loan approval. We will discuss…

Continue Reading Do I Have To Pay Collections For FHA Loan ApprovalContinue

FHA Guidelines During vs After Chapter 13 Bankruptcy
Mortgage After Bankruptcy and Foreclosure | FHA Loans | Manual Underwriting | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos

FHA Guidelines During vs After Chapter 13 Bankruptcy

ByGustan Cho Posted onMarch 17, 2024August 9, 2024

This guide cover the FHA guidelines during vs after Chapter 13 Bankruptcy on FHA loans. VA and FHA guidelines during…

Continue Reading FHA Guidelines During vs After Chapter 13 BankruptcyContinue

HUD Facts Versus Fictions on FHA Loans
FHA Loans | Videos

FHA Facts Versus Fiction of Qualifying For FHA Loans

ByGustan Cho Posted onMarch 15, 2024August 9, 2024

This guide covers FHA facts versus fiction of qualifying for FHA loans. The U.S. Department of Housing Administration (HUD) is…

Continue Reading FHA Facts Versus Fiction of Qualifying For FHA LoansContinue

FHA Versus Conforming Loan Limits
Home Mortgages | FHA Loans | Real Estate Topic | Videos

FHA Versus Conforming Loan Limits on Home Purchase

ByGustan Cho Posted onMarch 14, 2024August 9, 2024

This guide covers FHA versus conforming loan limits on home purchase and refinance transactions. FHA versus conforming loan limits on…

Continue Reading FHA Versus Conforming Loan Limits on Home PurchaseContinue

Benefits of Refinance Mortgage
Mortgage Refinance | Refinancing | Videos

What Are The Benefits of Refinance Mortgage

ByGustan Cho Posted onMarch 8, 2024August 8, 2024

This guide covers the benefits of refinance mortgage loans. There are many benefits of refinance mortgage. Although the Federal Reserve…

Continue Reading What Are The Benefits of Refinance MortgageContinue

FHA and VA Amendatory Clause
Appraisal | FHA Loans | Home Purchase | VA Loans | Videos

Understanding the FHA and VA Amendatory Clause

ByGustan Cho Posted onMarch 7, 2024August 8, 2024

This guide deep dives into the significance of the FHA and VA Amendatory Clause. We will explore the implications of…

Continue Reading Understanding the FHA and VA Amendatory ClauseContinue

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

Can I Qualify For FHA Loan With Tax Lien
FHA Loans | Mortgage With Late Payments | Videos

Can I Qualify For FHA Loan With Tax Lien

ByGustan Cho Posted onMarch 6, 2024August 27, 2024

In this article, we will cover and discuss the frequently asked question can I qualify for FHA loan with tax…

Continue Reading Can I Qualify For FHA Loan With Tax LienContinue

Multiple FHA loans
FHA Loans | Real Estate Topic | Videos

HUD Guidelines on Multiple FHA Loans at Same Time

ByGustan Cho Posted onMarch 1, 2024August 27, 2024

This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…

Continue Reading HUD Guidelines on Multiple FHA Loans at Same TimeContinue

Texas Cash-Out Refinance Guidelines For 2024
Mortgage Refinance | Home Mortgages | NON-QM Loans | Videos

Texas Cash-Out Refinance Guidelines For 2024

ByJohn Strange Posted onMarch 1, 2024August 8, 2024

This blog post will explore and elaborate on the Texas Cash-Out Refinance Guidelines in home mortgages. Gustan Cho Associates, a…

Continue Reading Texas Cash-Out Refinance Guidelines For 2024Continue

Buying House While In Chapter 13 Bankruptcy
Mortgage After Bankruptcy and Foreclosure | FHA Loans | VA Loans | Videos

Buying House While In Chapter 13 Bankruptcy

ByGustan Cho Posted onFebruary 29, 2024April 7, 2025

This blog post will explore Buying House While In Chapter 13 Bankruptcy. Chapter 13 Bankruptcy involves a structured five-year repayment…

Continue Reading Buying House While In Chapter 13 BankruptcyContinue

FHA Loans With 500 FICO
FHA Loans | Manual Underwriting | Mortgage Lender Overlays | Videos

FHA Loans With 500 FICO Credit Score

ByAlex Carlucci Posted onFebruary 29, 2024August 8, 2024

HUD, the parent of FHA, allows borrowers down to a 500 credit score to qualify for an FHA loan. However, for borrowers with under a 580 credit score, a 10% down payment is required.

Continue Reading FHA Loans With 500 FICO Credit ScoreContinue

Two FHA Loans At The Same Time
FHA Loans | Home Purchase | Income And Employment | Investment Homes | Real Estate Topic | Videos

Can I Have Two FHA Loans at The Same Time

ByGustan Cho Posted onFebruary 28, 2024August 8, 2024

This guide explains the requirements for obtaining two FHA loans at the same time. This is important information for those…

Continue Reading Can I Have Two FHA Loans at The Same TimeContinue

Manual Underwriting DTI Guidelines
FHA Loans | Manual Underwriting | VA Loans | Videos

Manual Underwriting DTI Guidelines For FHA and VA Loans

ByMargarett Jurilla Posted onFebruary 26, 2024March 18, 2024

This guide covers manual underwriting DTI guidelines on FHA and VA loans. HUD and the Veterans Administration are the only…

Continue Reading Manual Underwriting DTI Guidelines For FHA and VA LoansContinue

Two FHA Loans Due To Expanding Family Size
Videos | FHA Loans | Home Purchase | Real Estate Topic

Can I Have Two FHA Loans Due To Expanding Family Size?

ByGustan Cho Posted onFebruary 26, 2024August 6, 2024

This guide addresses common inquiries regarding the possibility of maintaining two FHA loans due to expanding family size. Typically, individuals…

Continue Reading Can I Have Two FHA Loans Due To Expanding Family Size?Continue

Modular Homes
Conventional Loans | FHA Loans | Manufactured Homes | USDA Loans | VA Loans | Videos

Modular Homes Mortgage Guidelines For Homebuyers

ByGustan Cho Posted onFebruary 22, 2024August 6, 2024

This guide covers modular homes mortgage guidelines on purchase and refinance transactions. Modular homes are becoming more and more popular…

Continue Reading Modular Homes Mortgage Guidelines For HomebuyersContinue

FHA MIP Versus Conventional PMI For Mortgage Borrowers
Mortgage Insurance | Conventional Loans | FHA Loans | Videos

FHA MIP Versus Conventional PMI For Mortgage Borrowers

ByGustan Cho Posted onFebruary 20, 2024August 6, 2024

This  guide covers FHA MIP versus conventional PMI for mortgage borrowers. Mortgage Insurance is mandatory on all FHA loans and…

Continue Reading FHA MIP Versus Conventional PMI For Mortgage BorrowersContinue

HUD Guidelines
Mortgage Lender Overlays | FHA Loans | Student Loans | Videos

HUD Guidelines versus Lender Overlays on FHA Loans

ByGustan Cho Posted onFebruary 20, 2024March 3, 2025

This guide covers HUD guidelines versus lender overlays on FHA loans. There have been notable changes for HUD guidelines versus…

Continue Reading HUD Guidelines versus Lender Overlays on FHA LoansContinue

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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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  • Jumbo DTI Calculator
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Resources

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  • How To Increase FICO Scores For a Mortgage
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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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