Refinance FAQ
In this guide, we will be covering the commonly refinance FAQ. There are many refinance mortgage loan programs such as rate and term, cash-out refinance,…
Re-Establishing Credit After Bankruptcy For Mortgage
Potential homebuyers should start re-establishing credit after bankruptcy to qualify for a mortgage as soon as possible after the Chapter 7 bankruptcy discharge date. Homebuyers…
Buying A House With A FHA 203k Loan Explained
In this guide to buying a house with a FHA 203k loan, we will go over what the FHA 203k loan is and how it…
FHA Guidelines on Non-Occupant Co-Borrowers
FHA Guidelines On Non-Occupant Co-Borrowers allow family members to be on a home buyer FHA loan for income qualification. There can be more than one…
Transferring Lenders During The Mortgage Process
This guide covers transferring lenders during the homebuying and mortgage process from one lender to a different one. The mortgage process should not be stressful….
Other Income Mortgage Guidelines With Less Than 2 Years Seasoning
Let’s delve into the intricacies of other income mortgage guidelines, particularly when seasoning falls short of the customary two-year mark. In mortgage applications, understanding the…
Can Realtors Become MLO at the Same Time?
One of the frequently asked questions at Gustan Cho Associates is can realtors become MLO at the same time? Real estate and mortgage lending are two…
Mortgage Guidelines With a Prior Home Loan In Bankruptcy
In this blog, we will cover the mortgage guidelines with a prior home loan in bankruptcy. There are instances when people file bankruptcy but include…
Compensating Factors For Manual Underwriting
In this blog, we will cover what mortgage lenders consider compensating factors for manual underwriting on FHA and VA loans. FHA and VA loans are…
How To Buy a House With Bad Credit?
A frequently asked question by our clients is how to buy a house with bad credit? It is a given that it is best to…
How The Mortgage Process Work
In this guide on how the mortgage process work, we will cover the steps of the mortgage from the mortgage loan application to closing on…
Get a VA Loan With a Credit Score Under 600 FICO
In this blog, we will cover how to get a VA loan with a credit score under 600 FICO. Many borrowers often get denied by…
