Forum Replies Created

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    Gustan Cho

    Administrator
    September 23, 2023 at 3:47 pm in reply to: Commercial Loan Officer Career Opportunity at Lending Network, LLC

    Residential loan officers, real estate agents, attorneys, and other professionals in the housing and/or real estate industry interested becoming an independent contractor business and commercial loan officer at Lending Network, LLC, please contact Felix Nicolas, III at felix@gustancho.com. We need hard working top producers in their industry to join our team to take us to the next level. We are a one stop lending shop with a national reputation. All mortgage-related residential, business and commercial loans are cleared through Gustan Cho Associates dba of NEXA Mortgage, LLC. GCA Mortgage Group, Empowered by NEXA Mortgage, is licensed in 48 states, including Washington, DC, Puerto Rico, and the U.S. Virgin Island. We also have career opportunities for residential licensed loan officers which includes becoming your own branch operating on a P and L or joining a branch. Here is the link for career opportunities at Gustan Cho Associates and NEXA Mortgage, LLC

    https://www.gustanchoassociates.com/mlo-careers/

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    Gustan Cho

    Administrator
    September 23, 2023 at 12:14 pm in reply to: Rent-To-Own Homes With HOME PARTNERS OF AMERICA

    There are homeowners who sell their homes under land contract. Land contract is seller financing. Cases where the buyer need time to fix their credit or doesn’t have qualified income, seller financing is an option.

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    Gustan Cho

    Administrator
    September 19, 2023 at 2:47 pm in reply to: Danny Vesokie

    Amanda, you did not attend yesterday. Felix was knocked off. I ended up leaving early because they were talking about residential loans. Are you planning on attending today? I got upset and disappointed Keith and Danny knocked Felix off.

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    Gustan Cho

    Administrator
    September 16, 2023 at 3:43 am in reply to: REAL ESTATE BROKERS/COMPLIANCE REBUTTAL

    Jean, I have never heard of that and I can guarantee you that is not the case. I will refer you to several of our dually licensed realtor and loan officers over the weekend or next week. Call or text me when you are available at 262-627-1965. My email address is gcho@gustancho.com.

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    Gustan Cho

    Administrator
    September 16, 2023 at 2:03 am in reply to: REAL ESTATE BROKERS/COMPLIANCE REBUTTAL

    They are full of shit. Over 30% of our loan officers are dually licensed realtor and loan officers and have absolutely no issues. I will have some senior dually licensed realtor and loan officers chime in on this thread.

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    Gustan Cho

    Administrator
    September 14, 2023 at 11:54 pm in reply to: Danny Vesokie

    Actually I am excited and looking forward to this three days commercial lending training with Keith Goforth and Danny Vesokie of Diversified Affiliate Partners

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    Gustan Cho

    Administrator
    September 14, 2023 at 11:52 pm in reply to: DSCR CASH-OUT REFINANCE LOANS

    There is a great idea. Talk to Felix Nicolas, III my dually functional human CRM and AI who needs a tune up.

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    Gustan Cho

    Administrator
    September 13, 2023 at 6:07 am in reply to: DSCR CASH-OUT REFINANCE LOANS

    DSCR loans are non-qm loans. There are 1 to 1 DSCR loans which means the rent covers the principal, interest, tax, and insurance or PITI. GCA MORTGAGE GROUP has no-ratio DSCR loans which means the subject property does not cash flow. We recommend you read this article on non-qm loans published on Gustan Cho Associates. Here is the link to the article on non-qm loans http://www.gustancho.com/non-qm-loans

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    Gustan Cho

    Administrator
    September 11, 2023 at 11:55 pm in reply to: SPEC HOME NEW CONSTRUCTION LOANS

    Great information and informative article, Ronda.

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