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…
Guide to Cash-Out Refinancing
This guide covers cash-out refinancing for homeowners. Home values are rising quickly, and many homeowners are discovering that they have more available home equity than…
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…
First-Time Home Buyers Guide
In this first-time home buyers guide, we will show the benefits of going from being a renter to a homeowner. The first-time homebuyers guide will…
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…
Can You Buy House With Credit Card Debt With High DTI
A frequently asked question at Gustan Cho Associates is can you buy house with credit card debt but pay off the credit card once the…
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…
