Why is GCA Different Than Other Lenders And Mortgage Companies:

If you have never heard of Gustan Cho Associates (GCA Mortgage Group), then one of your first questions is why is GCA Mortgage Group different than other lenders? Gustan Cho Associates is a mortgage company licensed in multiple states with no lender overlays on government and conventional loans. GCA Mortgage are mortgage bankers, correspondent lenders, and mortgage brokers. Gustan Cho Associates offers a special hybrid mortgage banking with the ability to broker loans business model. We process and underwrite government and conventional loans in-house and use our own funds to close FHA, VA, USDA, and Conventional loans in-house but we also have the ability to broker non-QM and alternative mortgage loan programs to specialty wholesale lenders. We have over a dozen lending partnerships with non-QM and alternative wholesale mortgage lenders. If there is a mortgage loan program in the marketplace, you can rest assured Gustan Cho Associates has it. Some of our popular loan programs besides having zero lender overlays on FHA, VA, USDA, and Conventional loans are no-doc home loans, bank statement loans for self-employed borrowers, asset-depletion, P and L stated income mortgages, and dozens of other alternative loan programs for owner-occupant homes, second homes, and investment properties.

Comparing Gustan Cho Associates To Other Mortgage Companies

There are tens of thousands of mortgage companies in the United States. All mortgage companies are licensed and bonded. Why deal with Gustan Cho Associates when I can stop by and try to qualify at a local brick and mortar mortgage company. The team at Gustan Cho Associates are experts in their fields and know how to handle tough files. Over 75% of our borrowers are folks who either got denied for a mortgage or could not qualify at other mortgage companies due to their lender overlays. Our loan officers will NOT issue a pre-approval letter unless the borrower is fully qualified and will be able to close the loan. We do not believe in stress during the mortgage process or getting a last-minute mortgage loan denial during the mortgage process. Gustan Cho Associates is licensed in multiple states. Our goal at Loan Cabin, Inc. dba Gustan Cho Associates is to be licensed in all 50 states.

What does Gustan Cho Associates Mortgage Group offer that other lenders do not?  In the following paragraphs, we will discuss and cover why is GCA different than other lenders.

The Main Reason Why is GCA Different Than Other Lenders

Many real estate professionals, home buyers, sellers, and loan officers do not realize a mortgage company like Loan Cabin, Inc. dba Gustan Cho Associates NMLS 1657322 exists. Over 75% of our clients at GCA Mortgage Group are folks who could not qualify at other lenders do their lender overlays. Gustan Cho Associates has a national reputation of being able to do loans where other lenders can’t. This is because Gustan Cho Associates has a no-lender overlay business model on government and conventional loans. We only go by the agency mortgage guidelines of HUD, VA, USDA, Fannie Mae, Freddie Mac with no lender overlays on government and conventional loans. We originate and close FHA and VA loans for borrowers with credit scores as low a 500 FICO. Over 25% of our borrowers are manual underwriting files on FHA and VA loans.

Hybrid Business Model Of Being A Mortgage Banker PLUS Able To Broker Non-QM And Alternative Mortgage Loans

Broker Non-QM And Alternative Mortgage LoansAt Gustan Cho Associates, we believe in being a one-stop mortgage shop. This is why we have dozens of lending partnerships with non-QM and alternative lending institutions. Gustan Cho Associates are experts in non-QM loans and alternative financing mortgage loan programs. If a borrower cannot qualify for a traditional government and/or conventional loan, they can rest assured we will have alternative loan programs available for them. Some of our alternative mortgage loan programs are no-doc home loans, bank statement loans for self-employed borrowers, non-QM mortgages one day out of bankruptcy and foreclosure, 90% LTV jumbo mortgages, non-QM jumbo loans with credit scores down to 500 FICO, fix and flip loans, and dozens of other specialty stated income loan programs. However, at Gustan Cho Associates, we do realize some borrowers do not meet agency mortgage guidelines on government and conventional loans. Therefore, we have developed wholesale lending partnerships with non-QM lenders.

Not many real estate agents, loan officers, attorneys, buyers, sellers, and other third-party mortgage and real estate professionals realize a company like Gustan Cho Associates exist. Most lenders may just offer government and conventional loans.

Gustan Cho Associates Versus Other Mortgage Lenders

All mortgage companies are highly regulated at both federal and state levels. So what makes GCA Mortgage Group so special? What is the difference between GCA Mortgage Group versus an FDIC Bank’s mortgage division? Why should you deal with GCA Mortgage Group remotely when you can apply for a home mortgage at your local brick and mortar bank? Any loan officer can originate, process, and close a mortgage for a borrower with 800 credit scores, less than a 40% debt to income ratio, and a 20% down payment. However, this is not how the world works. Everyone may have a unique financial situation where they may need a loan officer that specializes in tough files. The team at Gustan Cho Associates are experts in working for the tough government, conventional, and non-QM loans. Gustan Cho Associates’ business model is to have zero lender overlays on FHA, VA, USDA, and Conventional loans. Most mortgage companies have lender overlays.
GCA Mortgage Group is developing a national reputation for being a one-stop mortgage shop. Besides having zero lender overlays on FHA, VA, USDA, and conventional loans, we have dozens of non-QM wholesale lending relationships with non-QM and alternative mortgage lending partners. The team at Gustan Cho Associates is available 7 days a week, evenings, weekends, and holidays. Our borrowers have access to their loan officers 7 days a week via cell phone, text, or email.

National Reputation Of Being Able To Approve Mortgages Other Lenders Can’t

National Reputation Of Being Able To Approve Mortgages Other Lenders Can'tOver 75% of our borrowers at Gustan Cho Associates are folks who either have gotten a last-minute mortgage loan denial or are stressing over the mortgage process with their current lender and are about to get denied. The team at Gustan Cho Associates can help you in transferring your loan to us from a different lender. Our support operations and licensed personnel will help you with continuing your mortgage process at GCA Mortgage Group.

Gustan Cho Associates will close not just close your loan but will close it on time. Most loan officers, in general, do not know how to do tough loans that our loan officers at GCA Mortgage Group can do. If you get qualified and pre-approved by one of our loan officers, you can rest assured your loan will close. There is no such thing as a last-minute loan denial at Gustan Cho Associates.

The team at Gustan Cho Associates are specialists and experts in helping borrowers with late payments in the past 12 months, outstanding collections/charged-off accounts, high debt to income ratio, late payments after bankruptcy and/or foreclosure, and manual underwriting.

Why is GCA Different Than Other Lenders: National Reputation Of Being A One-Stop Mortgage Shop 

Gustan Cho Associates has a national reputation of being able to get loans approved on the loan that other lenders cannot do. Any mortgage loan program that is available in today’s marketplace, no need to look any further. If there is an alternative mortgage loan program in the marketplace, the chances are Gustan Cho Associates Mortgage Group will have it.  To start the qualification and pre-approval mortgage process with a lender with no lender overlays on government and conventional loans or a specialty non-QM loan program, please contact us at Gustan Cho Associates at 262-716-8151. Text us for a faster response. Or email us at [email protected] The team at Gustan Cho Associates is available 7 days a week, evenings, weekends, and holidays. Gustan Cho Associates are experts in government and conventional loans as well as non-QM loans.

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