Reverse Mortgage Qualifications

Reverse Mortgage Qualifications And Requirements

This BLOG On Reverse Mortgage Qualifications And Requirements Was UPDATED And PUBLISHED On March 19th, 2020 Homeowners who are 62 years of age and older and who have equity in their homes can qualify for reverse mortgages. Reverse Mortgage Qualifications is not for everyone and not everyone over the age of 62 years of age…

Tax Benefits of Owning Versus Renting a Home

Tax Benefits of Owning Versus Renting a Home

Homeowners have tax benefits of owning versus renting a home. We all know the saying, “you are only guaranteed two things in life, DEATH, and TAXES”. Well, it is now tax season for the calendar year of 2021. In this blog we will detail the tax advantages mortgage borrowers receive, tips for filing your taxes…

Refinancing With Bad Credit and Low Credit Scores

Refinancing With Bad Credit and Low Credit Scores

In this article, we will cover homeowners refinancing with bad credit and low credit scores.  With today’s historic volatile rates and increased home prices, homeowners should explore refinancing with bad credit. Gustan Cho Associates helps countless homeowners save tens of thousands of dollars by refinancing with bad credit. It is true that the lower your…

FHA Mortgage Insurance Guidelines
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UPDATE on FHA Mortgage Insurance Premium on FHA Loans

HUD, the Federal Housing Administration parent, has lowered the hefty FHA mortgage insurance premium on FHA loans by 30 basis points. The annual FHA mortgage insurance premium of 0.85%  got reduced to 55% of the mortgage loan balance. Reducing FHA mortgage insurance premium is a welcome move for many Americans. This holds especially true for…

Chapter 13 Trustee Mortgage Approval
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Chapter 13 Trustee Mortgage Approval on FHA or VA Loans

Apply Now This Article Is About getting Chapter 13 Trustee Mortgage Approval on FHA or VA loans. You can buy a house during the repayment plan during Chapter 13 Bankruptcy. You do not have to wait until the Chapter 13 has been discharged. Not too many loan officers, realtors, or even bankruptcy attorneys realize that…

Private Mortgage Insurance Guidelines On Conventional Loans
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Private Mortgage Insurance Guidelines On Conventional Loans

What Are Private Mortgage Insurance Guidelines On Conventional Loans And How Does It Work: Gustan Cho Associates offer a wide range of mortgage products, We have some of the most competitive conventional mortgages on the market, We also have access to Fannie Mae and Freddie Mac specialty products such as HomeOne, HomeStyle, and HomePossible, Most Americans…

Home Loans For Heroes
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Home Loans For Heroes Police and First Responders

In this blog, we will cover and discuss home loans for heroes police, and first responders. Home Loans For Heroes Veterans and First Responders home purchase program is now available throughout the United States. Home loans for heroes are discounted mortgage programs for our everyday heroes who are out there such as police officers, firefighters,…

Mortgage Regulations

How Mortgage Regulations Affect Homebuyers and Closings

In this blog, we will discuss and cover how mortgage regulations affect homebuyers and closings. Mortgage Regulations are created and implemented by mortgage regulators. The Consumer Financial Protection Bureau, CFPB, is the new sheriff in town for mortgage companies and is in charge of creating and enforcing mortgage regulations. The powerful CFPB has the right…