How To Buy a House Out of State
| | |

How To Buy a House Out of State

This guide will cover how to buy a house out of state. Moving to a new state can be a scary yet exciting new experience. Leaving familiar surroundings, friends, and family behind can be overwhelming. However, with the right planning and execution, it can also be an exciting and rewarding experience. In this blog post,…

Buying a New Construction Home
|

Buying a New Construction Home

In this guide, we will cover buying a new construction home. Many homebuyers prefer buying new construction homes. As the construction industry continues to flourish, more and more individuals are seeking to venture into the world of new construction. Ronda Butts, a dually licensed realtor and loan officer at Gustan Cho Associates, advises the following:…

Selling a House By Owner Without a Real Estate Agent
| | | |

Selling a House By Owner Without a Real Estate Agent

This article will cover selling a house by owner without a real estate agent. If you’re considering selling your home, you might wonder whether hiring a real estate agent or selling it yourself is better. If you’re leaning towards the latter, you’re not alone. Many homeowners choose to sell a house by owner without an…

A Guide To Buying a Foreclosed Home
| | | |

A Guide To Buying a Foreclosed Home

In this guide, we will cover buying a foreclosed home. Foreclosures can be an exciting topic for many potential home buyers. However, buying a foreclosed home can be a great way to snag a bargain deal on a property for those willing to put in the time and effort. Gustan Cho, a former real estate…

Can You Have Multiple FHA Loans at The Same Time
| |

Can You Have Multiple FHA Loans at The Same Time

This guide at Gustan Cho Associates will cover having multiple FHA loans simultaneously. For homebuyers, owning a home can seem discouraging, particularly regarding financing. This is where an FHA loan comes in. It is a government-backed loan program designed to make homeownership more attainable by offering a low down payment requirement. John Strange of Gustan…

Homeowners Options on Refinance Mortgage Loans

Homeowners Options on Refinance Mortgage Loans

This guide will cover homeowners’ options for refinance mortgage loans. There are dozens or hundreds of types of refinance mortgage loans. Each loan program has its guidelines on refinance mortgage loans. Dale Elenteny, a wholesale mortgage account executive and a licensed loan officer at Gustan Cho Associates, said the following about HARP: For homeowners who…

Welcome To Gustan Cho Associates Mortgage Group
| | | |

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…

Mortgages With Deferred Student Loans Guidelines
| | |

Mortgages With Deferred Student Loans Guidelines

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…

Texas Chapter 13 Cash-Out Refinance on VA Loans
| | |

Texas Chapter 13 Cash-Out Refinance on VA Loans

This blog will cover the Texas Chapter 13 cash-out refinance mortgage guidelines on VA loans. Homeowners can qualify for FHA and VA loans during and after Chapter 13 Bankruptcy. Dale Elenteny of GCA Mortgage Group is a Texas Chapter 13 cash-out refinance loan expert. Here is what Dale Elenteny had to say: Texas has a…

How To Write a Letter of Explanation To Underwriters
| |

How To Write a Letter of Explanation To Underwriters

This guide will cover how to write a letter of explanation to mortgage underwriters. Letters of explanation. often referred to as LOX, will be asked during the loan process. Those who have gone through the mortgage application process have encountered where a mortgage underwriter requests a LOX on certain issues. LOX will be asked for…