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Gustan Cho
Loan OfficerMy Favorite Discussions
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I have been in my same job for 4 years but was recently converted into a 1099 wage earner from W2. Can I still qualify for FHA loans?
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My brother in law was in a Chapter 13 Bankruptcy and now what to refinance and pull out cash what banks in the Chicagoland area will allow? I work for a real estate developer and property management company and want to help my my brother in law and his wife with getting approved for a mortgage loan.
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I live in Texas. Does your company offer loans on manufactured or modular homes using a VA loan? I own my home outright. 100% equity. Would like to do a cash out refinance for some upgrades.
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MY husband Hector has an old judgement from 2009 before we were married. it has not been revived. Will this prohibit a home purchase? I have a second loan mortgage would I be able to refinance only that part of the loan?
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I recently got denied by an incompetent lender because I was not properly qualified. Can you please help?
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I’m looking for a business model (investing in real estate in Chicago area). I would like to find a way to buy condos in a place where I will pay less for them and rent for more. It would be good to find a map with Property Price -> Renting Price relationships. I know that my friend used to buy a single-family home in Burbank for $80,000 and remodeled for $40,000, sold for $180,000. But I think there are better options there.
I’m in the process of a FHA Streamline Refinance, and the loan officer is requesting all these documents: W2’s, bank statements, pay stubs, etc., plus he’s pulled a credit check. Is this normal and required?
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Have a file that has only 2 tradelines installment credit that were opened in the last 6 months. Would it help strengthen file to open a secured credit card? Even thou have DU approval it worries me being modlar home. With no long history of credit.
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What is 100% Unsecured Business Loans For Small Business Owners? How does unsecured business loans work? What are the eligibility requirements and guidelines on unsecured business funding? How hard is it to get an unsecured business loan? What is the lending process on unsecured business loans? What is the step by step process on unsecured business funding? What are the types of small businesses that can benefit from small business unsecured funding?
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How is stock allocated in an ESOP plan?
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This discussion was modified 5 months ago by
Gustan Cho.
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This discussion was modified 5 months ago by
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What are the tax benefits of an ESOP in the USA?
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This discussion was modified 4 months, 2 weeks ago by
Sapna Sharma.
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This discussion was modified 4 months, 2 weeks ago by
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How does GoFundMe work?
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This discussion was modified 5 months ago by
Caleb Clark.
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This discussion was modified 5 months ago by
Sapna Sharma.
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This discussion was modified 5 months ago by
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What are the fees for using GoFundMe? HOW DOES GO FUND ME WORK? CAN YOU PLEASE EXPLAIN IN DETAIL STEP BY STEP ON HOW TO SET UP A GO FUND ME ACCOUNT? HOW MUCH DOES GO FUND ME TAKE ON A $100 DONATION? DOES GO FUND ME CHARGE FEES FOR NON-FOR PROFITS? DO YOU HAVE TO PAY TAXES ON MONEY DONATED THROUGH GO FUND ME?
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This discussion was modified 5 months ago by
Gustan Cho.
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This discussion was modified 5 months ago by
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How Does Investing in Classic, Exotic, Vintage, Sports, and Rare cars work? CAN YOU MAKE MONEY INVESTING IN CLASSIC, EXOTIC, AND RARE CARS. HAVE A HOBBY AND AT THE SAME TIME YOUR INVESTMENT APPRECIATES. It is a win-win here. I am a car enthusiast and if investing in cars or flipping cars is lucrative, I want to start this dream hobby of mine and work smart with my hard earned investment dollars.
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This discussion was modified 5 months ago by
Gustan Cho.
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This discussion was modified 5 months ago by
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Does anyone know what non-qm lender can do a Cash-Out Refinance in Texas to buy out Chapter 13 Bankruptcy? The borrower has a VA loan now and would like to do a VA cash-out Refinance, but Texas has those crazy rules: you cannot do cash-output Refinance on government loans. Thank you.
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My husband has outstanding collection accounts. Over 95 percent outstanding collection accounts on his credit report are medical collections. We have spoken to several mortgage companies and they said the medical collections need to be paid off because they treat medical collections the same as non-medical collections. These medical collections is what is keeping his score low and therefore they turn us away and reccomend debt consolidation companies to us. I have read FHA loans treat medical collections differently and so far I find it untrue. What is true in this case? I am beyond frustrated by this. It is cheaper to have a mortgage than rent in my area and it’s time for us to buy but we have this barrier.
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This discussion was modified 5 months ago by
Gustan Cho.
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This discussion was modified 5 months ago by
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What types of mortgage loans are one-time close loans? Do they have FHA, VA, USDA, and Conventional OTC Loans or are OTC loans portfolio or non-QM loans? How do One-Time-Close Loans work? How to decide between a One-Time Close or just a regular conventional loan?”
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This discussion was modified 5 months ago by
Gustan Cho.
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This discussion was modified 5 months ago by
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Can I qualify for an FHA loan after filing bankruptcy?
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This discussion was modified 5 months ago by
Sapna Sharma.
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This discussion was modified 5 months ago by
Sapna Sharma.
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This discussion was modified 5 months ago by
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