Condominium Mortgages | Warrantable vs Non-Warrantable

Condominium Mortgages | Warrantable vs Non-Warrantable

This blog will cover what a condotel is and how condominium mortgages work. Condominium mortgages is a non-conforming portfolio loan. Condotels are classified as non-warrantable condos. A condotel unit is a private condominium unit inside a hotel that an individual and entity owns. Condotel Units, also known as Condo-Hotel, have been very popular from the…

Welcome To Gustan Cho Associates Mortgage Group
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Welcome To Gustan Cho Associates Mortgage Group

In this guide, we will cover the mission and business model of Gustan Cho Associates, also known as GCA Mortgage Group.  We thank our clients and viewers for their continued loyalty to reading our daily real estate and mortgage blogs. We have a national reputation for being able to do mortgage loans other lenders cannot…

Getting Approved For a Mortgage With Outstanding Collections
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Getting Approved For a Mortgage With Outstanding Collections

This guide will cover getting approved for a mortgage with outstanding collections. The team at Gustan Cho Associates often gets countless calls daily from borrowers who ask if they can qualify for a mortgage with outstanding collections. Will outstanding collections and charged-off accounts yield higher mortgage rates? Should I pay off outstanding collections and charged-off…