Conventional Refinance Mortgage Pricing Adjustments
Homeowners should explore how much money they can save with today’s historic low mortgage rates to refinance their home loans.
Videos | Bad Credit Mortgages | Mortgage After Bankruptcy and Foreclosure | Mortgage With Late Payments | NON-QM Loans | Re-Establishing Credit
Mortgage With Recent Derogatory Credit in the Past 12 Months
In this article, we will cover and discuss qualifying for a mortgage with recent derogatory credit with our non-QM loan…
Property Tax Proration VA Guidelines on VA Home Loans
This guide covers property tax proration VA guidelines on VA home loans. There are certain states where property taxes are…
Buyers Solutions to Multiple Offers on Home Purchase
This guide covers buyers solutions to multiple offers on home purchase. There was a time where there were tons of…
Continuation of Income Guidelines of Mortgage Lenders
This guide covers continuation of income guidelines of mortgage lenders. The ability to repay is one of the most important…
Mortgage After Bankruptcy and Foreclosure | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
Things To Know Before Filing Bankruptcy
This guide cover the things to know before filing bankruptcy for future homebuyers. There are things to know before filing…
HUD Guidelines on Multiple FHA Loans at Same Time
This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
Changing Lenders During Underwriting Process
This guide covers changing lenders during underwriting process before closing. The mortgage approval process does not have to be stressful…
Bad Credit Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Re-Establishing Credit | Videos
How To Buy a House With Bad Credit
This guide covers how to buy a house with bad credit. Many folks assume you cannot get a mortgage loan…
Buying House While In Chapter 13 Bankruptcy
This blog post will explore Buying House While In Chapter 13 Bankruptcy. Chapter 13 Bankruptcy involves a structured five-year repayment…
FHA Loans With 500 FICO Credit Score
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.
Can I Have Two FHA Loans at The Same Time
This guide explains the requirements for obtaining two FHA loans at the same time. This is important information for those…
Manual Underwriting With Late Payments Mortgage Guidelines
Can You Qualify For Manual Underwriting With Late Payments? VA and FHA allow manual underwriting for borrowers who cannot get an approve/eligible per automated underwriting system.
How Credit Repair Works During The Mortgage Process
This guide covers how credit repair works during the mortgage process. A substantial percentage of my borrowers are folks who…
Loan Officer Document Checklist To Start Mortgage Process
This guide covers the loan officer document checklist. This article on the Loan Officer Document Checklist is a series of…
Can I Qualify For VA Loan With Under 620 Credit Scores
Gustan Cho Associates has no lender overlays on VA loans. VA loans do not have a minimum credit score requirement nor a maximum debt to income ratio cap as long as the borrower can get an approve/eligible per automated underwriting system.
VA Property Tax Exemption Guidelines on VA Home Loans
This article will discuss the guidelines for VA property tax exemption related to VA home loans. The VA has created…
Using Rapid Rescore in The Mortgage Process
This guide covers using rapid rescore in the mortgage process. What is a rapid rescore? It’s a service accessible only…
Fannie Mae Collection Guidelines on Conventional Loans
This blog will cover Fannie Mae Collection Guidelines on Conventional loans. Fannie Mae and Freddie Mac are the two mortgage…
Canceling a Real Estate Purchase Contract Transaction
This guide covers canceling a real estate purchase contract transaction. A real estate purchase contract is a legally binding agreement…
Extenuating Circumstances Guidelines on Home Loans
Many agency guidelines list extenuating circumstances as reasons for getting qualified for a mortgage when otherwise they would not qualify. However, borrowers need to understand
Manual Underwriting DTI Guidelines For FHA and VA Loans
This guide covers manual underwriting DTI guidelines on FHA and VA loans. HUD and the Veterans Administration are the only…
