The Gustan Cho Team At USA Mortgage
This Article On The Gustan Cho Team At USA Mortgage Was Written By Gustan Cho NMLS 873293
Loan Scenarios With The Gustan Cho Team At USA Mortgage: Loans In 21 Days
- 18 day closing on a VA Loans and outstanding collections and 60% DTI
- 19 clear to closes in 20 days I was here
- Getting a clear to close by a remote underwriter while watching the Super Bowl Game.
- One day underwriting approvals
- No more than one touches on a conditional mortgage loan approval
- Underwriters and processors are remote and we get CTC over the week Only one touch deals on conditional loan approvals
- Calls and emails get responded within minutes of inquiry
- There are so much more that it will take countless of pages to list on this blog
Benefits Of Being Both A Direct Lender & Correspondent
There are times where if a loan officer works for a mortgage banker and does not have the ability to broker files out where they cannot do in-house, they may need to refer the borrower out to another lender that can help the borrower.
- There are many benefits for a mortgage banker to be able to broker loans to wholesale mortgage lenders.
- Unfortunately, most wholesale lenders are not licensed to deal one on one with retail borrowers so they need to have a broker/investor relationship with a licensed mortgage company.
- USA Mortgage has correspondent lender relationships with dozens of other lenders.
- USA Mortgage, a division of DAS Acquisition Company LLC has the ability to bank mortgage loans in-house as well with a warehouse line of credit.
- The goal at USA Mortgage is to be able to offer its borrowers a one stop lending stop shop.
Mortgage Borrowers who need to qualify for a home loan with a direct lender with no lender overlays, please contact The Gustan Cho Team at USA MORTGAGE at 1-800-900-8569 or email us at email@example.com. We are available 7 days a week, evenings, weekends, and holidays.