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    • Meet Our Team
    • Loan LimitsExpand
      • FHA Loan Limits
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      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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Gustancho Associates

income and employment

Home / income and employment - Page 3
Mortgage For College Graduates
NON-QM Loans | Student Loans

Mortgage For College Graduates Lending Guidelines

ByGustan Cho Posted onFebruary 6, 2024July 29, 2025

This article delves into Mortgage For College Graduates Lending Guidelines, shedding light on established norms and recent changes that may…

Continue Reading Mortgage For College Graduates Lending GuidelinesContinue

Two-Year Work History Mortgage Guidelines
Income And Employment

Two-Year Work History Mortgage Guidelines | Employment Gaps

ByAlex Carlucci Posted onFebruary 5, 2024February 27, 2025

This blog post delves into the crucial aspects of the Two-Year Work History Mortgage Guidelines. It explores the significance of…

Continue Reading Two-Year Work History Mortgage Guidelines | Employment GapsContinue

Mortgage After Unemployment
Gaps In Employment | Income And Employment | Videos

Mortgage After Unemployment With Job Gaps

ByGustan Cho Posted onFebruary 2, 2024July 8, 2025

This article will discuss and cover qualifying for a mortgage after unemployment. Homebuyers do not need a two-year employment history…

Continue Reading Mortgage After Unemployment With Job GapsContinue

Commission-Income Mortgage Guidelines
Income And Employment | Videos

Commission-Income Mortgage Guidelines

ByLaurie Cho Posted onJanuary 29, 2024November 4, 2024

Mortgage lenders must adhere to the Ability to Repay (ATR) rule when underwriting. That means they must make sure that borrowers can afford the loan before they approve it.

Continue Reading Commission-Income Mortgage GuidelinesContinue

Job Loss After Mortgage Closing
Gaps In Employment

What Happens If Homeowners Have Job Loss After Mortgage Closing

ByGustan Cho Posted onJanuary 29, 2024July 11, 2025

This article delves into the implications and potential challenges homeowners may face in the unfortunate event of a job loss…

Continue Reading What Happens If Homeowners Have Job Loss After Mortgage ClosingContinue

Part-Time Income To Full-Time Income Mortgage Guidelines
Income And Employment | Videos

Part-Time Income To Full-Time Income Mortgage Guidelines

ByGustan Cho Posted onJanuary 25, 2024May 2, 2025

There are strict rules regarding the part-time income to full-time income mortgage guidelines. For part-time income to be used, borrowers…

Continue Reading Part-Time Income To Full-Time Income Mortgage GuidelinesContinue

Home Loan With Job Offer Letter
Income And Employment | Gaps In Employment | Videos

Home Loan With Job Offer Letter For New Employment

ByGustan Cho Posted onJanuary 19, 2024July 29, 2024

In this blog, we will discuss and cover qualifying for home loan with job offer letter. One of the frequently…

Continue Reading Home Loan With Job Offer Letter For New EmploymentContinue

Self-Employed Borrowers Mortgage Loans
Income And Employment | Bank Statement Loans | No-Ratio Mortgage Loans | NON-QM Loans | Videos

Self-Employed Mortgage Loans to Buy Homes

ByGustan Cho Posted onJanuary 18, 2024August 25, 2025

Most guidelines require lenders to average the most recent two years of income to qualify applicants. Some programs allow borrowers with newer businesses if they have experience

Continue Reading Self-Employed Mortgage Loans to Buy HomesContinue

Using Overtime Income
Videos | Income And Employment

Using Overtime Income To Qualify For Mortgage Loans

ByMargarett Jurilla Posted onJanuary 18, 2024October 8, 2024

Can I Use Overtime Income As Qualified Income To Qualify For A Mortgage? You can use overtime and part-time income as qualified income as long as those other income has been seasoned for at least two years.

Continue Reading Using Overtime Income To Qualify For Mortgage LoansContinue

Importance of Job Stability
Income And Employment | Gaps In Employment | Mortgage Processing And Underwriting | Videos

Importance of Job Stability When Buying a House

ByMargarett Jurilla Posted onJanuary 5, 2024July 26, 2024

This guide covers the importance of job stability when buying a house with a mortgage. Income is the most important…

Continue Reading Importance of Job Stability When Buying a HouseContinue

College Education Versus Work Experience
Income And Employment | Mortgage Processing And Underwriting | Videos

College Education Versus Work Experience Mortgage Guidelines

ByAlex Carlucci Posted onDecember 3, 2023July 29, 2025

This guide covers qualifying for a mortgage after college education versus work experience mortgage guidelines.  We will further cover why…

Continue Reading College Education Versus Work Experience Mortgage GuidelinesContinue

Income Guidelines To Qualify For Home Loan
Income And Employment | Videos

Income Guidelines To Qualify For Home Loan Programs

ByGustan Cho Posted onJune 24, 2023March 18, 2024

This guide covers qualifying income guidelines to qualify for home loan. There are federal income guidelines to qualify for home…

Continue Reading Income Guidelines To Qualify For Home Loan ProgramsContinue

How Can You Get a Mortgage After Retirement?
Income And Employment

How Can You Get a Mortgage After Retirement?

ByGustan Cho Posted onJune 17, 2022October 8, 2024

In this blog, we will cover and discuss on ways on how can you get a mortgage after retirement. Seniors…

Continue Reading How Can You Get a Mortgage After Retirement?Continue

Changing Jobs
Income And Employment

Changing Jobs Until Finding The Perfect Career

ByDale Elenteny Posted onApril 8, 2022October 8, 2024

In this article, we will cover and discuss changing jobs until finding the perfect career. In my 12+ years of…

Continue Reading Changing Jobs Until Finding The Perfect CareerContinue

The Real Truth About Unemployment
Income And Employment

The Real Truth About Unemployment And Qualifying For Mortgage

ByAlex Carlucci Posted onOctober 4, 2021October 8, 2024

This Article Is AboutThe Real Truth About Unemployment And Qualifying For Mortgage Here’s something that most Americans including the smartest…

Continue Reading The Real Truth About Unemployment And Qualifying For MortgageContinue

IRS 4506T Form
Income And Employment

Using IRS 4506T Form In Mortgage Loan Processing

ByGustan Cho Posted onJuly 15, 2020December 18, 2023

This Article On Using IRS 4506T Form In Mortgage Loan Processing Mortgage lenders require income verification with not just the…

Continue Reading Using IRS 4506T Form In Mortgage Loan ProcessingContinue

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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

  • Mortgage Loan After Foreclosure
    Mortgage Loan after Foreclosure and Short Sale GuidelinesSeptember 15, 2025
  • Bad Credit Mortgage Loans With Collections
    Bad Credit Mortgage Loans With Collections With No StressSeptember 15, 2025
  • Washington DC Lenders
    Washington DC Lenders For Traditional and Non-QM MortgagesSeptember 12, 2025
  • How to Find the Best Realtor
    How To Find The Best Realtor For First-Time HomebuyersSeptember 12, 2025

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Equal Housing Opportunity Lender Gustan Cho Associates empowered by NEXA Mortgage LLC. NMLS# 1660690,
Corporate Address: 5559 S Sossaman Rd | Bldg 1 #101, Mesa, AZ 85212 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
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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 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 Low Credit Scores
      • VA Loans With Charged-Off Accounts
      • W-2 Income Only VA Loans
      • VA Loan with Judgment
    • USDA Loans
    • DACA Mortgage Loans
    • Conventional Loans
      • Conventional Loans W-2 Income ONLY Mortgages
      • Conventional Loans After Foreclosure
      • Conventional Loans After Bankruptcy
      • Conventional Loan With Bad Credit Scores
    • 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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