High-Balance Conforming Loans in High-Cost Areas
High-balance conforming loans are advanced loan programs ideal for the individuals buying homes in high-cost areas. The loan is for…
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Things That Determines Your Mortgage Rates
This guide covers things that determines your mortgage rates on home loans. Mortgage rates are the interest rates that you…
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Mortgage Processing And Underwriting | Automated Underwriting System | Compensating Factors | FHA Loans | Manual Underwriting | VA Loans | Videos
Manual Underwriting versus Automated Underwriting Guidelines
In this guide, we will cover and discuss manual underwriting versus automated underwriting guidelines. The Automated Underwriting System is a…
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Mortgage Processing And Underwriting | Automated Underwriting System | Clear To Close | Conditional Loan Approval | Manual Underwriting | Qualifying & Getting Pre-approved | Videos
How Do Underwriters Approve Mortgage Loans?
How Do Underwriters Approve Mortgage Loans? Complete Underwriting Guide Mortgage underwriters confirm that the loan, borrower, and property fulfill the…
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Mortgage Processing And Underwriting | Conditional Loan Approval | Qualifying & Getting Pre-approved | Videos
Fully Underwritten TBD Mortgage Approval As Pre-Approvals
In this blog, we will cover and discuss getting a fully underwritten TBD mortgage approval as pre-approvals. Fully Underwritten TBD…
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NON-QM Loans | Bank Statement Loans | Doctor and Medical Professional Mortgages | No-Ratio Mortgage Loans | Videos
Non-QM Loan Requirements and Mortgage Options
The asset-depletion mortgage loan program benefits higher net worth individuals who do not have a regular steady income. Non-QM loans are becoming increasingly popular and benefit borrowers who need alternative nontraditional mortgage loan programs.
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How to Turn Refer/Eligible Into Approve/Eligible in AUS
How To Get Refer To Approve-Eligible Per AUS To Qualify For Mortgage: There are ways of trying to get a refer/eligible findings to an approve/eligible per automated underwriting system.
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Balloon Mortgages
Balloon mortgages require monthly payments for a set period, followed by one large final payment for the remaining loan balance….
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About Us
About Us at Gustan Cho Associates Gustan Cho Associates is a national five-star mortgage company licensed in multiple states with…
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Do You Need a Real Estate Agent to Buy a House?
Do you need a real estate agent to buy a house? You generally do not need a real estate agent…
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Home Improvement Projects That Add Value to a Home
Home improvement projects that add value are usually practical, functional, and appealing to a wide range of buyers. Updates such…
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HUD Waiting Period Guidelines After Chapter 13 on FHA Loans
In this blog, we will discuss and cover HUD waiting period guidelines after Chapter 13 on FHA loans. Why is…
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VA Loan Co-Borrower Guidelines: Who Can Apply With a Veteran?
A veteran may apply for a VA loan with a spouse, another eligible Veteran, or, in some cases, a non-Veteran…
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Income And Employment | Bank Statement Loans | Gaps In Employment | Mortgage Processing And Underwriting | Videos
Mortgage For Self-Employed Versus W-2 Borrowers: Income Rules and Loan Options
Self-employed and W-2 borrowers can qualify for many of the same mortgage programs. The main difference is how lenders verify…
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Why Mortgage Guidelines Change and How Borrowers Can Still Get Approved
Mortgage rules do not always stay the same. If you were approved by one lender last year, that does not…
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FHA Loans | Mortgage Processing And Underwriting | Qualifying & Getting Pre-approved | Real Estate Topic | Videos
HUD Guidelines on Multiple FHA Loans at the Same Time
This guide covers HUD mortgage guidelines on having multiple FHA loans at the same time. One of the most frequently…
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Bad Credit Mortgages | Conventional Loans | FHA Loans | Mortgage After Bankruptcy and Foreclosure | Qualifying & Getting Pre-approved | Videos
FHA Versus Conventional Mortgage After Bankruptcy
Filing for bankruptcy doesn’t completely eliminate the possibility of purchasing a home in the future. When considering an FHA versus…
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Non-QM and Bank Statement Portfolio Loans
In this guide, we will discuss and cover non-QM and bank statement portfolio loans for owner-occupant, second homes, and investment…
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Bad Credit Mortgages | Mortgage Processing And Underwriting | Mortgage With Late Payments | NON-QM Loans | Videos
Buying House After Selling Home with Late Payments
In this guide, we will cover and discuss buying a house after selling home with late payments. One of the…
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Bad Credit Home Loans in Indiana: Options and Requirements
Bad credit doesn’t automatically disqualify you from a home loan in Indiana. Options for bad credit home loans in Indiana,…
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Home Mortgages | Career Opportunities/Loan Officer Training | Mortgage Processing And Underwriting | Mortgage Rates | Regulations | Resources | Videos
Correspondent Lending versus Mortgage Brokers
This blog aims to explore the difference between correspondent lending and mortgage brokers. A common inquiry we receive regularly pertains…
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How Does the Federal Reserve Affect Mortgage Rates
How does the Federal Reserve affect mortgage rates? The Fed does not set mortgage rates directly. It manages short-term monetary…
