Underwriting Help Desk

The team at Gustan Cho Associates are experts in helping borrowers qualify and get approved for non-qualified no income document mortgages. We can help borrowers without traditional income sources with our no-ratio mortgage programs. A credit score over 660 is required, as well as at least one tradeline open 24 months or more. Down payments and reserve requirements will vary.

• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 7 months, 4 weeks ago by  Sapna Sharma.

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About Us At Gustan Cho Associates

About Us At Gustan Cho Associates: Gustan Cho Associates is a national mortgage company licensed in multiple states wtih no lender overlays

This question is for Michelle McCue. Alex and I have a disagreement on can a high school graduate qualify for a mortgage if they have a full time job after high school. I say yes because high school is treated no differently than college on the past two years of full time schooling . Please give us your take and guidelines on the loan programs. I have done loans for recent high school graduates.

• This discussion was modified 3 years, 3 months ago by  Gustan Cho.

Anyone know why mortgage lenders do not like log homes? Log homes are stronger and has better insulation.

• This discussion was modified 3 years, 3 months ago by  Gustan Cho.

There are instances when mortgage underwriters will require reserves from borrowers. What does reserves mean? Can equity in the home or 401k be used for reserves? How about if you have a paid off vehicle or precious metals? Or what if you have hard core cash. Can those be used for reserves?

What’s the LTV that an investor can use for rental income? Is it still 75%?

What is Gustan Cho Associates? Gustan Cho Associates is the parent company of GCA stand for Great Community Authority (GCA) FORUMS and dozens of subsidiaries and affiliate partners. We are a not-for-profit information and resource center of mortgage and real estate content. We do not sell viewer information nor sell leads. Our support, operations, and licensed staff originate, process, and close all inquiry leads in house or refer them to reputable member partners. Our moderators and advisors have a track record of being able to qualify, approve, and close mortgage loans other lenders cannot do. Gustan Cho Associates power GCA stand for Great Community Authority (GCA) FORUMS and its sub-forums.

• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 3 years, 4 months ago by  Gustan Cho.
• This discussion was modified 2 years, 3 months ago by  Sapna Sharma.
• This discussion was modified 2 years, 2 months ago by  Sapna Sharma.
• This discussion was modified 1 year, 9 months ago by  Sapna Sharma.
• This discussion was modified 1 year, 8 months ago by  Sapna Sharma.
• This discussion was modified 4 months, 2 weeks ago by  Sapna Sharma.

Why is it that homebuyers and homeowners have a hard time financing homes that is build on ten or more acres. What is it with acreage that lenders do not like?