Email Us: contact@gustancho.com
Call or Text:844-90-RATES
Email Us: contact@gustancho.com
In this blog, we will cover FHA mortgage insurance premium on 15 versus 30-year fixed-rate FHA loans. FHA-insured mortgage loans are a great program for first-time home buyers. For borrowers needing a home loan with bad credit, FHA-insured mortgage loans are ideal for first-time home buyers. FHA loans are perfect for those who need a…
Apply Now This article will discuss buying a short sale home owned by a mortgage lender versus a traditional home listed by a homeowner. We would go in-depth on how to qualify for a mortgage if you had a prior short sale. The Gustan Cho Associates team are experts in helping borrowers qualify for a…
This blog will compare FHA versus conventional rates on home purchase and refinance transactions. Is FHA versus conventional rates on purchases and refinance lower? This is one of the most frequently asked questions at Gustan Cho Associates. Getting the best mortgage rates is important. Lower rates mean tens of thousands of savings over the home…
Using real estate agents in selling your home versus selling by the owner is highly recommended. People are always looking for ways of saving money. Home sellers need to pay realtors a commission of 6% once the real estate agent sells their home. 6% of a $200,000 home is $12,000, which is no chump change….
In this blog, we will review qualifying for a mortgage with recent late payments. Timely payments in the past 12 months are crucial when qualifying for a home loan. It is fine to have prior late payments or bad credit when qualifying for a mortgage. Dale Elenteny of Gustan Cho Associates compares bad credit versus…
This article will cover condotel loan programs and non-warrantable condo guidelines. Non-Warrantable and Condotel loan programs have been dormant for the past several years but have now come back. Condotel loan programs and non-warrantable condo mortgages are among today’s most popular and fastest-growing mortgage programs. Condo Condotel unit sales are soaring nationwide, especially in Colorado,…
In this guide, we will cover how credit disputes during the mortgage process can halt the mortgage process. Credit disputes during the mortgage process may not seem like a big deal. However, it is one of the most negative factors in the application and approval process. An experienced mortgage loan officer should thoroughly review the…
In this blog, we will discuss and cover buying a second home with conventional mortgage loans. One of the best decisions my wife Pam and I ever made was purchasing our little Lake Michigan getaway. About fifteen years ago Pam, my mother-in-law, and father-in-law came to me with a proposal about buying a second home….