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Gustan Cho Associates
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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
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      • Dino Hasapis | Licensed Real Estate Broker | PRPN Director
      • Oakbrook Terrace, Illinois | Gustan Cho Associates Mortgage
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      • FHA Loans With Tax Lien
      • FHA Loan With Judgment
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      • Bank Statement Loans
      • DSCR Loans
      • Asset-Depletion
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    • Jumbo Mortgage
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  • CareersExpand
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Call or Text: (800) 900-8569

Email Us: alex@gustancho.com

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Keep Loan Pre-Approval Valid
Home Mortgages | Qualifying & Getting Pre-approved | Videos

How To Keep Loan Pre-Approval Valid For Home Purchase

ByGustan Cho Posted onMarch 20, 2024February 10, 2025

This guide covers how to keep loan pre-approval valid for home purchase. One of the many questions home buyers often…

Continue Reading How To Keep Loan Pre-Approval Valid For Home PurchaseContinue

Qualifying For FHA Loan During Chapter 13 Bankruptcy
Mortgage After Bankruptcy and Foreclosure | FHA Loans | Manual Underwriting | Videos

Qualifying For FHA Loan During Chapter 13 Bankruptcy

ByGustan Cho Posted onMarch 20, 2024January 22, 2025

In this article, we’ll explore the process of Qualifying For FHA Loan During Chapter 13 Bankruptcy. Homebuyers can secure an…

Continue Reading Qualifying For FHA Loan During Chapter 13 BankruptcyContinue

The role of mortgage underwriter
Mortgage Processing And Underwriting | Videos

Role of Mortgage Underwriter During The Mortgage Process

ByGustan Cho Posted onMarch 20, 2024April 7, 2025

In this blog, we will cover the role of mortgage underwriter during the mortgage process. The role of mortgage underwriter…

Continue Reading Role of Mortgage Underwriter During The Mortgage ProcessContinue

Debt Collection Laws in Community Property States
Collection Accounts | Charge Off Accounts | FHA Loans | Videos

Debt Collection Laws in Community Property States

ByDale Elenteny Posted onMarch 20, 2024August 13, 2024

In this blog, we will cover the debt collection laws in community property states and qualifying for a home mortgage….

Continue Reading Debt Collection Laws in Community Property StatesContinue

How Do Mortgage Underwriters Calculate Income of Borrowers
Mortgage Processing And Underwriting | Income And Employment | NON-QM Loans | Videos

How Do Mortgage Underwriters Calculate Income of Borrowers

ByGustan Cho Posted onMarch 20, 2024October 8, 2024

This guide covers how do mortgage underwriters calculate income of borrowers. Income is the most important aspect of qualifying for…

Continue Reading How Do Mortgage Underwriters Calculate Income of BorrowersContinue

How Do I Use Future Rental Income To Qualify For a Mortgage
Muti-Family Investment | Investment Homes | Rental Income | Videos

How Do I Use Future Rental Income To Qualify For a Mortgage

ByGustan Cho Posted onMarch 19, 2024July 29, 2025

In this article, we will cover and discuss using future rental income to qualify for a mortgage. Some first-time home…

Continue Reading How Do I Use Future Rental Income To Qualify For a MortgageContinue

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

VA Derogatory Credit Mortgage Guidelines
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | VA Loans | Videos

VA Derogatory Credit Mortgage Guidelines on VA Loans

ByGustan Cho Posted onMarch 19, 2024August 13, 2024

This guide covers VA derogatory credit mortgage guidelines on VA loans. VA derogatory credit mortgage guidelines on VA loans are…

Continue Reading VA Derogatory Credit Mortgage Guidelines on VA LoansContinue

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

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

Automated Underwriting System Findings On Home Mortgages
Automated Underwriting System | Home Mortgages | Manual Underwriting | Videos

Automated Underwriting System Findings On Home Mortgages

ByGustan Cho Posted onMarch 18, 2024March 19, 2024

In this blog, we will cover and discuss the automated underwriting system approval, which is also referred to as AUS…

Continue Reading Automated Underwriting System Findings On Home MortgagesContinue

97 LTV Conventional Loan
Conventional Loans | First Time Home Buyers | Mortgage Insurance | Videos

Fannie Mae 97 LTV Conventional Loan Mortgage Guidelines

ByGustan Cho Posted onMarch 18, 2024December 17, 2024

This guide covers the 97 LTV conventional loan mortgage guidelines for first-time homebuyers. Fannie Mae and Freddie Mac 97 LTV…

Continue Reading Fannie Mae 97 LTV Conventional Loan Mortgage GuidelinesContinue

The Struggle of Car Loans
Auto Loans | High Debt To Income Ratio | Home Mortgages | Income And Employment | Qualifying & Getting Pre-approved | Videos

The Struggle of Car Loans During Mortgage Process

ByAlex Carlucci Posted onMarch 18, 2024August 9, 2024

This guide cover the struggle of car loans during the mortgage process. Looking to buy a new car? Like most…

Continue Reading The Struggle of Car Loans During Mortgage ProcessContinue

Shopping For Mortgage With Poor Credit
Bad Credit Mortgages | Charge Off Accounts | Collection Accounts | Credit Scores | FHA Loans | Mortgage Rates | Qualifying & Getting Pre-approved | Videos

Shopping For Mortgage With Poor Credit and Low Credit Scores

ByGustan Cho Posted onMarch 18, 2024August 9, 2024

In this blog, we will discuss and cover shopping for mortgage with poor credit and low credit scores. Shopping for…

Continue Reading Shopping For Mortgage With Poor Credit and Low Credit ScoresContinue

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

High-Balance Conforming Loans For High-Cost Homebuyers
Videos | Conventional Loans | High-Balance Mortgage Loans

High-Balance Conforming Loans in High-Cost Areas

ByGustan Cho Posted onMarch 16, 2024January 14, 2025

In this blog, we will cover and discuss high-balance conforming loans for high-cost homebuyers. There are certain areas throughout the…

Continue Reading High-Balance Conforming Loans in High-Cost AreasContinue

VA Loans Bad Credit Tennessee With No Lender Overlays
Videos | Charge Off Accounts | Collection Accounts | Qualifying & Getting Pre-approved | Re-Establishing Credit | VA Loans

VA Loans Bad Credit Tennessee With Low Scores

ByGustan Cho Posted onMarch 16, 2024July 28, 2025

Homebuyers can qualify for VA loans bad credit Tennessee with under 620 credit scores. The United States Department of Veterans…

Continue Reading VA Loans Bad Credit Tennessee With Low ScoresContinue

Refinancing With Judgment
Judgment | Refinancing | Videos

Refinancing With Judgment Mortgage Lending Guidelines

ByGustan Cho Posted onMarch 15, 2024July 3, 2025

In this blog, we will cover and discuss refinancing with judgment mortgage lending guidelines. Mortgage rates are still low and…

Continue Reading Refinancing With Judgment Mortgage Lending GuidelinesContinue

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

Remote Wage-Earner Mortgage Guidelines
Income And Employment | High Debt To Income Ratio | Videos

Remote Wage-Earner Mortgage Guidelines on Home Loans

ByGustan Cho Posted onMarch 15, 2024January 31, 2025

This guide covers remote wage-earner mortgage guidelines on home loans. Remote Wage-Earner Mortgage Guidelines On Home Loans allow borrowers who…

Continue Reading Remote Wage-Earner Mortgage Guidelines on Home LoansContinue

automated approval
Automated Underwriting System | Compensating Factors | Manual Underwriting | Videos

Automated Approval By The Automated Underwriting System

ByGustan Cho Posted onMarch 15, 2024October 9, 2024

In this blog, we will cover and discuss the automated approval by the automated underwriting system. It is key to…

Continue Reading Automated Approval By The Automated Underwriting SystemContinue

Loan Estimate Versus Closing Disclosure
Home Mortgages | Mortgage Processing And Underwriting | Regulations | Videos

Loan Estimate Versus Closing Disclosure Closing Costs

ByAlex Carlucci Posted onMarch 14, 2024July 29, 2025

Closing costs on the Loan Estimate versus Closing Disclosure will most likely be different. The itemized closing costs on the…

Continue Reading Loan Estimate Versus Closing Disclosure Closing CostsContinue

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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

  • 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
  • Mortgage Escrow Account
    What is a Mortgage Escrow Account for Purchase and RefinanceSeptember 11, 2025
  • Colorado VA Lenders
    Colorado VA Lenders For Bad Credit With No Lender OverlaysSeptember 10, 2025

DTI Calculators

  • FHA DTI Calculator
  • VA DTI Calculator
  • Conventional DTI Calculator
  • Jumbo DTI Calculator
  • FHA Loan Limits
  • Conforming Loan Limit Change – See If You Qualify

Subsidiary Sites

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Resources

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  • Documents Required For Mortgage Process
  • How To Increase FICO Scores For a Mortgage
  • How To Reach A Human At The Credit Bureaus
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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: 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
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 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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