Difference Between Pre-Approval vs Pre-Qualification
This guide covers the difference between pre-approval vs pre-qualification on home loans. Homebuyers can go to Gustan Cho Associates and click on the FAST QUOTEÂ icon…
Category: Mortgage Process
TBD Pre-Approval Mortgage Guidelines
This blog will discuss TBD pre-approval mortgage guidelines for marginal credit homebuyers and homeowners. There are times when there are gray areas in agency mortgage…
Mortgage and Credit Forums: GCA Forums
How Do Online Real Estate, Mortgage, and Credit Forums Work? In the internet age, one can find information and advice on almost any topic online.…
What is the Role of Mortgage Underwriters
This guide covers the role of the mortgage underwriter and how an underwriter views and processes a borrower’s mortgage loan application. Mortgage underwriters evaluate loan…
How To Avoid Mortgage Loan Denial By Underwriters
In this blog, we will cover and discuss how to avoid mortgage loan denial by mortgage underwriters. Homebuyers depend on and rely on a mortgage…
The Importance of Home Inspections For Homebuyers
This guide covers the importance of home inspections during the home buying process. The importance of home inspections should be addressed to all homebuyers. A…
Buying and Selling a Home at the Same Time
This guide covers buying and selling a home simultaneously without stress. With all the chaos throughout the United States surrounding the COVID-19 coronavirus, many families…
Exempt Credit Disputes During The Mortgage Process
This guide covers derogatory exempt credit disputes during the mortgage process on FHA loans. Derogatory exempt credit disputes during the mortgage process are generally not…
Mortgage Approval After a Loan Modification Guidelines
This guide covers mortgage approval after a loan modification guidelines. Mortgage modifications are a failsafe put in place to help clients avoid foreclosure. This is…
Loan Estimate Replaces The Good Faith Estimate
This guide covers how the loan estimate replaces the good faith estimate. Loan Estimate Replaces The Good Faith Estimate effective October 3, 2015. The main…
Refinance Closing Costs
This guide cover refinance closing costs on home loans. Refinancing is almost at a historical high. Mortgage rates has dropped from its all time high.…
The Importance of Qualified Income When Getting Pre-Approved
This guide covers the importance of qualified income when getting pre-approved for a mortgage. Several factors are evaluated in the mortgage qualification process, and the…