Email Us: contact@gustancho.com
Call or Text:844-90-RATES
Email Us: contact@gustancho.com
This guide will cover the FHA guidelines on buying house flips for homebuyers. The following paragraph will cover the FHA guidelines on buying house flips. Property flipping was extremely popular before the 2008 Great Recession and Real Estate Market Crash and has almost stopped. However, house flipping is now back in full force. Many real…
In this blog, we will cover mortgage insurance. We will discuss the mortgage insurance premium on government loans and how private mortgage insurance works on government-backed mortgage loans. The borrower pays for mortgage insurance for the benefit of the mortgage lender, says Wendy Lahn, the Chief Legal Counsel at Gustan Cho Associates: Private mortgage insurance…
This blog will cover and discuss mortgages with deferred student loans. Not a day goes by that I do not ask about the difference between qualifying for mortgages with deferred student loans or student loans in forbearance. Gustan Cho Associates are experts in helping borrowers with higher debt-to-income ratios, especially due to higher student loan…
This guide will cover the differences between conventional versus FHA loans. We will highlight why conventional versus FHA loans are better for certain borrowers than others and vice versa. Alex Carlucci, the regional managing director of Gustan Cho Associates and the managing director of GCA Mortgage FORUM, said the following: Buying a home is one…
This article will cover how much house I can afford versus qualify. Homebuyers should think twice about buying a house with a pre-approval before thoroughly reviewing their budget. Just because you qualify for a mortgage on a particular home with a certain loan amount does not mean you can afford it. Not all people have…
In this blog, we will cover the HUD non-occupant co-borrower Guidelines on FHA loans. The United States Department of Housing and Urban Development commonly referred to as HUD, is the parent federal agency of the Federal Housing Administration (FHA). HUD, the parent of FHA, is not a lender. FHA does not originate nor fund FHA…
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…