How To Find The Best Realtor For First-Time Homebuyers
First-time homebuyers need to hire an experienced realtor who is not just accessible 24/7 but who knows the area where the subject property is located.
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Email Us: alex@gustancho.com
First-time homebuyers need to hire an experienced realtor who is not just accessible 24/7 but who knows the area where the subject property is located.
In this blog, we will cover California facing housing shortage with no promising forecast of more homes in sight. Is California Facing Housing Shortage in 2023 Going into 2024? All indications say yes despite the coronavirus outbreak. California is the third-largest state in the nation in terms of size. Dale Elenteny, a senior loan officer…
This guide will cover the Boise Idaho housing market forecast for 2023. Welcome to the Boise Idaho housing Market update! You’ve come to the right place if you want a piece of Boise, Idaho. Many areas just outside of downtown offer more reasonable prices while still providing easy access to all that this vibrant city…
In this guide on types of commercial lending, we will cover the various commercial loans available at Gustan Cho Associates for real estate investors. Commercial Lending is different and separate from residential lending. There are many types of Commercial Lending, just like there are various types of Residential Lending. Residential Lending Commercial Lending Many borrowers…
In this guide, we will cover what the iBuyer program is? ibuying programs have become increasingly popular over the past few years because they provide homebuyers and sellers with a more accessible, faster, and stress-free alternative to traditional home buying and selling. The Ronda Butts team at Gustan Cho Associates explains the home purchase program…
In this blog, we will cover how to save money moving. Moving to a more affordable location can be a great way to save money on living expenses. However, the process of moving itself is expensive. How to save money moving on moving costs is reducing your belongings before you move. This will not…
This article will cover how the mortgage loan underwriting process works. The qualification and the pre-approval process are the most important out of the mortgage process. The mortgage loan underwriter is the person that decides whether or not to approve a mortgage loan application. The mortgage underwriter is also the person who decides to issue a…
Conventional Loans also referred to as Conforming Loans are not guaranteed and/or insured by the federal government. Conventional Loans need to …..
This article will cover the mortgage guidelines for the types of bankruptcies—James Miller of Miller explains how you can qualify for a mortgage after bankruptcy. Jamie Miller also explains how bankruptcy can restart your financial life and how you can get your credit score to 720 in less than one year after bankruptcy discharge. Attorney…
This guide will cover finding the best mortgage lenders for the best rates. Buying a home is a significant milestone, a dream-come-true to many. However, this process can be overwhelming! Not all mortgage lenders have the same mortgage rates. There are mortgage lenders for the best rates. We will show you how to shop for…
This guide will cover the difference between FHA versus conforming loans. We will discuss FHA versus conforming loans mortgage lending guidelines and the benefits of each home loan program. There are three different types of government loans: FHA loans, and VA loans. USDA loans. Conventional loans benefit over FHA loans on waiting period requirements on…
In this guide, we will cover how much house can I afford versus qualify. First-time and seasoned home buyers must consider ” How much house can I afford to buy?” when buying a home. Mortgage lenders will qualify borrowers on the maximum housing budget buyers can afford. Just because the lender qualifies for a…
This guide will cover getting approved when buying a house in Nevada. The housing market has cooled off throughout the country except for the housing market in Nevada. Out of all territories in Nevada, Las Vegas remains to be the hottest market in the state of Nevada. Alex Carlucci of Gustan Cho Associates is an…
In this guide, we will cover how errors on credit reports affect AUS Findings. One of the most important things to realize before a mortgage loan application can be processed and underwritten is to get a DU ( Desktop Underwriter ) automated approval by Fannie Mae’s Automated Underwriting System. Fannie Mae’s Automated Underwriting System is…
Borrowers with prior outstanding collections, charged-off accounts, and other bad credit can qualify for a mortgage without paying them off. The key to qualifying for a mortgage is not prior bad credit but timely payments.
This article will cover how to become a successful mortgage loan officer at Gustan Cho Associates. Starting a new career as a loan officer and How to become a successful mortgage loan officer. This mortgage blog article on how to become s successful mortgage loan officer is geared toward those individuals thinking about starting a…
This blog will cover the credit score needed for mortgage on home loans. We will cover the frequently asked question what is the minimum credit score needed for mortgage? Many home buyers, especially first-time home buyers, often question the minimum credit score needed for a mortgage. Credit Scores and Income are the two most important…
In this blog, we will discuss and cover qualifying and getting approved for a Chicago home loan with bad credit. There is hope for those who were victims of the Great Recession of 2008. Many have gone through bankruptcy, foreclosure, deed instead of foreclosure, short sale, lost their homes, jobs, or just had their credit…
This article will cover underwriting credit guidelines during the mortgage process. Mortgage borrowers should not stress during the mortgage process. There is no reason for any pre-approvals to get a last-minute mortgage denial. The main reason for a last-minute mortgage loan denial or stress during the mortgage process is the borrower’s inability to qualify by…
Thanks to alternative lending mortgage options, homebuyers who could not qualify for government and conventional loans can now qualify for specialty non-conforming mortgage loans. The 2008 Real Estate & Lending Collapse 2008 eliminated the subprime mortgage markets. Over 30% of our borrowers at Gustan Cho Associates are folks who need alternative lending mortgage options such…
In this blog, we will cover and discuss the top-rated five-star Washington DC lenders for traditional and non-QM mortgages who have the best mortgage rates. Washington, DC has one of the highest home prices in the nation. Whether you have great credit, bad credit, or are seeking unique non-QM and alternative financing loans with multiple…