Many borrowers think that your are set home free after a conditional mortgage loan approval. This is normally the case but not always so. I have seen many mortgage loan denials after a conditional loan approval. What a conditional loan approval means is when the mortgage underwriter feels the borrower qualifies for a mortgage loan but need to comply with the list of conditions the mortgage underwriter states. Once a mortgage processor submits all conditions, the underwriter can come back with additional conditions on the of the conditions of the first conditional loan approval. This is the stage of the mortgage process where a mortgage underwriter can drive everyone crazy including the loan officer. I have seen mortgage underwriters condition the dumbest things over and over again. It may be that the underwriter had a bad day. Here is a blog that was updated about the mortgage process after the conditional loan approval:

https://gustancho.com/mortgage-process-after-the-conditional-approval/

gustancho.com

Mortgage Process After The Conditional Approval

The mortgage process after the conditional approval is clearing conditions for the CTC, which means the lender is ready to fund the loan.

Here is a 30 minute video explaining how to beat your competitors Search Engine Optimization organic traffic

https://youtu.be/q_wNn1Cvhag?si=F6UkeUN9OI1z-CH8

This subforum will feature Tatiana Bougdaeva, a mortgage loan originator licensed in multiple states and banking professional with over thirty years of experience. Besides being an expert in the lending and real estate profession.

Tatiana Bougdaeva @Tatiana My good friend and business associate Tatiana Bougdaeva is a the owner, founder of Kalm Strategy. Tatiana Bougdaeva is a life coach and will explain what she does helping fight the aging process, and bringing yourself to peaceful and healthy life style.

Organic Anti-Aging Coaching Program

Check out her website at http://www.kalmstrategy.com

• This discussion was modified 8 months, 3 weeks ago by  Gustan Cho.
• This discussion was modified 8 months, 3 weeks ago by  Gustan Cho.

kalmstrategy.com

Kalm Strategy | Stress management, bring peace, health and wellness, Yoga, Reiki and Shamanic healing

Kalm Strategy | Stress management, bring peace, health and wellness, Yoga, Reiki and Shamanic healing

Oldies are the best music.

https://www.youtube.com/watch?v=ejorQVy3m8E

Silver broke $24 per ounce. Buy silver. Still a very low price per ounce.

Here’s Russell Brand informative link on how 17 million people worldwide 🌐 died because of taking coronavirus vaccine

https://rumble.com/v4699ii-bombshell-vaccine-data-mystery-turbo-cancer-rise-in-young-people.html

rumble.com

BOMBSHELL Vaccine Data + Mystery “TURBO CANCER” Rise In Young People!!

https://www.Brickhouserussell.com promo code BRAND for 15% off As Bret Weinstein informs Tucker of the alarming number of deaths resulting from the Covid vaccine, Pfizer makes a $43 Billion bet that ‘

The Bureau of Labor Statistics forecasts a 2.9% employment growth for mortgage loan originators between 2022 and 2032. During that period, it is forecasted 10,400 jobs in the mortgage industry should open up. Licensed and registered mortgage loan originators advise, authorize and recommend loan approval for individuals and businesses. According to data from the U.S. BUREAU OF LABOR STATISTICS tens of thousands of loan officers LEFT the mortgage industry in 2023 due to inflation, surging mortgage rates, and housing shortage. In October, 2023, 67% of current mortgage loan officers produced less than one unit of closed loans in October. 21% of loan officers closed 1.5 units per month and only 12% of mortgage loan orignators closed greater than 2.5 units. The mortgage industry was decimated due to the economy, high rates, and inventory shortage. Very few from the work force sought work in the mortgage lending industry. According to the Nationwide Mortgage Multistate Licensing System, in the second quarter, there were 24.5 percent fewer individual licenses awarded for mortgage lenders. That means people are leaving the mortgage industry altogether permanently. More loan officers are expected not to renew their NMLS licenses or leave the mortgage industry.

In all of 2022 and through the first half of 2023, the average mortgage lender was not profitable and lost money on every mortgage it originated. In first quarter of this year, the average loss was $1,972 per mortgage loan. In the second quarter, the size of the loss improved to $534 per loan.

Realtor.com, the real estate listing and informational website forecasts the housing market will continue to struggle in 2024 and mortgage rates will average 6.8% in 2024, and possibly drop to 6.5% by the end of 2024. This is not promising news because mortgage rates were at 2.5% just two years ago. Loan officers are expected to have a tough road ahead because consumers have not adapted to this sudden hike in rates. Until the mortgage rate of 6.5% is accepted as the new normal, the mortgage industry will continue to struggle and more loan officers and mortgage companies are expected to leave the mortgage industry. There were a total of 160,000 licensed and registered mortgage loan originators. 50,000 loan officers have exited the mortgage industry and more are expected to leave this year by the second quarter. There are 90,000 mortgage loan originators left in the mortgage industry today but that number is forecasted to drastically get reduced to as much as 40,000 so only 50,000 loan officers is forecasted to remain in business.

https://www.youtube.com/watch?v=C9BdPHXKHfE

The biggest fear of electric car owners is running out of electric charge and being stalled. If you were to travel interstate cross country on your electric car and there are no charging stations, what do you do? Here’s a relative of California Governor Gavin Newsom rigging a generator in the back of his electric car because he had enough getting stranded multiple times during his long commute to work. He has a generator and a gas can full of fuel for the generator

Poor rookie firefighter 🚒 hired from Miami as a probationary fire fighter recruit in Wisconsin.

https://www.facebook.com/share/r/qjMHyQ9dGSLDMhAd/?mibextid=nnhLG8

facebook.com

Thought this classic was fitting #stealthperformance #powerstroke #cummins #duramax #diesel #diesellife #dieselbrothers #ford #truck #chevy #dodge #dieselnation #dieselpower #trucknation #teamdiesel #powerstrokediesel #powerstrokenation | Stealth Performance Products | Lil Wayne · Mrs. Officer (Album Version (Edited))

Thought this classic was fitting #stealthperformance #powerstroke #cummins #duramax #diesel #diesellife #dieselbrothers #ford #truck #chevy #dodge #dieselnation #dieselpower #trucknation...

Mortgage Rates a tad lower from yesterday. 30-year fixed-rate mortgage rates 6.78% down -0.10 from yesterday. 15-year fixed-rate mortgages is priced at 5.77% down -0.26 from yesterday. 5/1 ARM is unchanged 6.67% from yesterday. This week has been a steady week for mortgage interest rates at 6.66% . Mortgage rates has been unchanged since December 21st. Lower rates should spark homebuyers but many buyers are sitting on the sidelines. Weekly jobless claims was low for the week mainly due to a four day holiday week. The unemployment rate numbers released last week came in at 3.7 percent in December, and the number of unemployed persons was remain unchanged at 6.3 million. These measures are higher than a year earlier, when the jobless rate was 3.5 percent and the number of unemployed persons was 5.7 million.

Jobless claims, also known as unemployment claims or initial unemployment claims, refer to the number of individuals who have filed for unemployment benefits with the government’s unemployment insurance program. These claims are typically filed by individuals who have lost their jobs and are seeking financial assistance during their period of unemployment.

Jobless claims serve as an important economic indicator and are closely monitored by policymakers, economists, and financial analysts. They provide insights into the current state of the labor market and can indicate trends in unemployment. When jobless claims increase, it often suggests a rising number of people losing their jobs, which may be a sign of economic downturn or labor market challenges. Conversely, a decrease in jobless claims can be a positive sign, indicating improved job market conditions.

Jobless claims are typically reported on a weekly basis in many countries, including the United States, where the U.S. Department of Labor releases a weekly report on initial unemployment claims. These reports help policymakers and analysts gauge the health of the labor market and make informed decisions about economic policies and interventions.

It’s important to note that jobless claims are just one part of the broader picture of employment and unemployment, and they are often used in conjunction with other labor market indicators to assess the overall employment situation.

Our dear friend and colleague at Gustan Cho Associates decided to make her new home in the mortgage industry at Loan Factory, a mortgage brokerage licensed in multiple states. Besides Loan Factory, Wendy Lahn also joined a second mortgage brokerage firm Loanworks. I did not realize that it was allowed to be licensed with more than one mortgage company but I guess I was wrong. Wendy is an attorney by education, a loan officer, and a real estate broker so I can have her explain the compliance end of being licensed with more than one mortgage broker.

• This discussion was modified 9 months, 1 week ago by  Gustan Cho.
• This discussion was modified 9 months, 1 week ago by  Gustan Cho.

I have never been so sure of anything like I am with investing in silver. Both Gold and Silver are great investments. The truth is that big banks and the Globalists have been shorting silver and gold. The dollar is not backed by anything but a by-product of the Democrats and Globalists printing it whenever they are short of buying things. The Globalists are in major panic mode because their printing press is over if silver takes off. My prediction is the Feds are going to evaporate, major Democrats like Obama, Pelosi, Biden, Schiff, Gavin Newsom, BJ Giver Kamala Harris, and Rhinos like George Bush and Mick Romney are going to get locked up and sent to Guantanamo Bay, and executed. Right now, 25 dollars an ounce will probably be the last call to buy silver. Don’t buy paper silver. Buy the silver bars or coins. The physical silver where you can touch it, feel it. Smell it, and see it. I would not be surprised if silver goes over $1,500 per ounce.

Thousands of mortgage loan officers left the mortgage industry for good in 2023. Tens of thousands of loan officers have not renewed their mortgage loan origination licenses. The mortgage loan origination career have proven devastating to tens of thousands of loan officers. Just two years ago the average mortgage loan originator made hundreds of thousands of dollars a year and their career was very promising. Many mortgage loan originators were so successful they formed teams and ventured to a P and L mortgage Branch model with a larger mortgage lender or broker. Other mortgage loan originators opened their own mortgage broker companies. Here’s a credible recent article about how many loan officers are leaving the Mortgage Industry

The Mortgage Market Is So Bad Lenders Want Ex-Employees …

Wall Street Journal

https://www.wsj.com › finance › banking › the-mortga…

wsj.com

The Wall Street Journal - Breaking News, Business, Financial & Economic News, World News and Video

Breaking news and analysis from the U.S. and around the world at WSJ.com. Politics, Economics, Markets, Life & Arts, and in-depth reporting.

Bitcoin is going down is my forecast. Sell your crypto investment and roll it to gold and silver.

Its OFFICIAL. Our main website at GCA Mortgage Group has finally been Google NEWS approved from Google earlier today. Like to thank Ravinder Sharma, Sapna Sharma and the technical and digital media marketing team at GCA Mortgage Group for its hard work on working countless hours on all of our main website and GCA FORUMS as well as its subsidiary sister partner websites and social media platform. After a long meeting with Ravinder and his team, the forum did the trick to get that boost we needed to get Gustan Cho Associates Google NEWS approved. If you folks can participate regularly on our forum, it would be very much appreciated. GCA Mortgage Group (Gustan Cho Associates) is a dba of NEXA Mortgage. Gustan Cho Associates has been diligently working on its websites and social media platform and consistently applied two or more time each year since 2014 to Google to get Google News approval as a Google endorsed and sponsored Google News publisher. Google News approval is a recognition of the quality and relevance of your news content. It can also mean that Google trusts your site and will recommend it in search results.

To get approved, your website must meet the following requirements:

• Provide accurate, well-sourced, and original news articles
• Demonstrate expertise and authority in your niche or field
• Publish original content that is timely and relevant
• Be updated frequently throughout the day
• Use a clean and easy-to-navigate design

Once approved, your articles become part of a global news ecosystem, reaching a diverse audience. You can use Publisher Center to submit and manage your content in Google News. You can also configure monetization solutions through Reader Revenue Manager. Getting Google News approval for your website means that Google has reviewed your website and determined that it meets their criteria for inclusion in Google News. This is significant because it allows your website’s content to be featured in Google News search results, which can increase visibility and traffic to your site, especially for news-related content. To obtain Google News approval, your website must meet certain quality guidelines set by Google, such as providing original and timely news content, having a clear and distinct news section, adhering to journalistic standards, and ensuring that your website is technically optimized for Google News indexing.

Once approved, your website’s articles can appear in Google News search results alongside articles from other reputable news sources, potentially driving more traffic to your site and increasing its credibility as a source of news and information. @sapna Sapna and @Ravi will explain the signaficance of getting Google News approval as a publisher.

https://www.youtube.com/watch?v=P4hhFrOta-8

AirBNB loans require borrowers to have at least one year experience owning, operating, and managing an AirBNB property with such tasks as renting, screening, collecting rent, and doing repairs. Without experience, there is going to be an issue. There are AirBNB non-QM loans for first time buyers interest only with lower loan to value.

CEO Mike Kortas is hands down brilliant. Amazing Chief Executive Officer who is a pioneer of the mortgage industry by creating and launching NEXA Mortgage LLC Revenue Share program. I am definitely looking forward to going full blast with the REVENUE SHARE program this year.

https://gustancho.com/mlo-revenue-share-residual-income/

gustancho.com

MLO Revenue Share Residual Income For Loan Officers

Loan officers at Gustan Cho Associates will have the opportunity to participate in the MLO Revenue Share Residual Income, up to $3 million down.

How long after bankruptcy can you qualify for a jumbo loan?

REST IN PIEC3 Mr. Campbell.

Another of this world’s 🌎 greatest Glenn Campbell.

https://youtu.be/8kAU3B9Pi_U?si=s-Px1gmXLDArrP5C

Illinois is losing taxpayers by the tens of thousands. People who lived in the state for generations are calling it quits and planning on relocating to another low tax taxed with affordable housing and a lower cost of living. Many Illinoisians have no choice but to live in Illinois because of careers, family, or because they call Illinois home no matter how bad the state of the economy is. Chicago is one of the most beautiful cities in the world if not the most beautiful. In this sub-forum, I like to cover why are people fleeing Illinois and what the opinions of our viewers are where we can save this great state from going further down hill. Here is an article recently updated on the state of economy of Illinois.  Here is the link Why Are People Fleeing Illinois?

I had the great honor and opportunity to work with CEO MIKE KORTAS, CEO and founder of NEXA Mortgage for slightly over two years now. I can attest 💯plus more that CEO KORTAS honors 110% of his word, never had lied to me, and has always led by example. AXEN MORTGAGE is the next invention best to sliced bread. You don’t get screwed at NEXA MORTGAGE under the helm of CEO Mike. Now you can take that to the back folks.

https://www.facebook.com/share/v/qckW4r1La9xXfKL5/?mibextid=21zICX

facebook.com

I’m going to change the mortgage game today. Be on the Why NEXA call to see the biggest opportunity in mortgages today at 11am AZ time. Big moves... | By Mike KortasFacebook

I’m going to change the mortgage game today. Be on the Why NEXA call to see the biggest opportunity in mortgages today at 11am AZ time. Big moves...

Join us this afternoon with CEO Mike Kortas on WHY NEXA Mortgage at 1 pm CDT. Every Thursdays 1 pm CDT on WHY NEXA Mortgage is where you should start your mortgage loan origination career. CEO Kortas is hands down the best Chief Executive Officer in the mortgage industry hands down. If you can’t make today’s WHY NEXA MORTGAGE ZOOM call with CEO KORTAS, CEO Mike has a WHY NEXA MORTGAGE ZOOM CALL every Thursdays at 1 pm CDT

Here’s the link

https://www.zoom.us/j/4802285442

• This discussion was modified 1 year, 2 months ago by  Gustan Cho.

The Francis Scott Key Bridge, often referred to simply as the Key Bridge, is a prominent bridge located in Baltimore, Maryland, USA. It spans the Patapsco River, connecting the neighborhoods of Baltimore City with Anne Arundel County. The bridge was named after Francis Scott Key, who wrote the lyrics to “The Star-Spangled Banner,” the national anthem of the United States. Construction of the Key Bridge began in 1972, and it opened to traffic in 1977. It is a vital transportation link, carrying Interstate 695 (the Baltimore Beltway) across the river.

As of my last update in March 27th, 2024, there were reported incidents of the Francis Scott Key Bridge collapsing and being done intentionally by a ship navigated by a Ukrainian Ship Captain. There have been many developments since then and Maryland Governor Westmoreland’s asshole is puckering because first thing out of his month is it seems that is was an accident with no foul play. Why would he even say that in such an early stage of the investigation. I would recommend consulting recent news sources from reputable media neworks for the latest information.

The Maryland Francis Scott Key Bridge Collapse was a black swan event per former Army General Michael Flynn says Clayton Morris, previous host of WEEKENDS ON FOX NEWS and now the host and owner of REDACTED NEWS. What is a Black Swan Event asks Clayton Morris? A black swan event is a term used to describe an unpredictable event that has significant and widespread consequences. Coined by Nassim Nicholas Taleb in his book “The Black Swan: The Impact of the Highly Improbable,” these events are characterized by their extreme rarity, their severe impact, and the tendency for people to rationalize them in hindsight as if they were predictable.

The term “black swan” originates from the belief in Europe that all swans were white, as all historical records confirmed this, until the discovery of black swans in Australia challenged that assumption. Thus, a black swan event represents a surprise that has a major impact and is often explained or rationalized after the fact, despite the fact that it was not anticipated beforehand.

Examples of black swan events include the 9/11 terrorist attacks, the 2008 financial crisis, and the COVID-19 pandemic. These events were highly unexpected, had profound effects on society and the economy, and were difficult to predict using conventional forecasting methods. Michael Flynn is a retired United States Army Lieutenant General who served as the 25th National Security Advisor to President Donald Trump from January 20 to February 13, 2017. Born on December 24, 1958, in Middletown, Rhode Island, Flynn graduated from the University of Rhode Island in 1981 with a Bachelor of Science degree in management science.

Flynn’s military career spanned over three decades. He served in various positions, specializing in intelligence and counterterrorism. Notably, he served as the Director of the Defense Intelligence Agency (DIA) from July 2012 to August 2014. Flynn’s tenure at the DIA was marked by controversy, including clashes with the Obama administration over his management style and views on radical Islam.

After retiring from the military in 2014, Flynn became involved in politics. He emerged as an outspoken critic of the Obama administration’s foreign policy, particularly regarding its approach to combating terrorism. Flynn became a close advisor to Donald Trump during his 2016 presidential campaign, advocating for a more aggressive stance on national security issues.

Following Trump’s victory in the 2016 presidential election, Flynn was appointed as National Security Advisor. However, his tenure was brief and marred by controversy. He resigned from his position after less than a month amidst allegations that he misled Vice President Mike Pence and other administration officials about his communications with Russian officials before Trump took office.

Flynn’s legal troubles continued after leaving the White House. In December 2017, he pleaded guilty to lying to the FBI about his contacts with the Russian ambassador to the United States during the presidential transition period. However, in May 2020, the Department of Justice moved to dismiss the charges against Flynn, citing misconduct by the FBI.

Throughout his career, Michael Flynn has been a polarizing figure, admired by some for his military service and strong stance on national security issues, while criticized by others for his controversial statements and actions. His biography reflects a complex mix of military service, political involvement, and legal controversies. Expect more man made natural disasters happening in the coming weeks and months because the Democrats are definitely panicking.

What do you think @Cpensacola

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Like to share an informative article about building the best mortgage CRM to share with our viewers

https://goldliontech.com/the-best-custom-mortgage-crm-for-you-go-high-level/#

goldliontech.com

The Best Custom Mortgage CRM For You: Go High Level

We are a Results Based Growth Marketing Company. We focus on being a great partner for businesses and organizations. Let's Work!

What are the minimum credit and income standards to qualify for a jumbo loan?

I spent a lot of money and time for this pond. However, the pond needs a lot of work including a large waterfall, Rocks around the perimeter and sand in beach areas.

https://photos.app.goo.gl/NM729FzfYtGxGNdDA

Hello Team!

Anthony Fiero is one of our top niche wholesale investors for non-QM primary home, second home, and investment home mortgage loans. However, Anthony Fiero hands down the only wholesale lender we have for hard money loans on primary homes but is limited to California. You can get hard money loans on primary homes in California and Callifornia ONLY. Closing in a matter of days after all paperwork is in. Interest only hard money loans with a five year balloon. Anthony Fiero is an active member of GCA FORUMS and will be the moderator for Non-QM and alternative mortgage loan programs. @AnthonyFierroLendingAnswer

Here is a oldie Vacation by the Go Go’s

https://youtu.be/2RHTiXvELNg?si=nuvgS12Qx-PlCSOr

Our technical and digital media marketing team headed by Sapna has been working hard to restructure the forum with restructuring the forum platform. The FORUM platform is a Great Content Authority forum. When people buy a house, sell a house, invest in real estate, or just decide to rent temporarily, they move to an unknown location where they need to get to know the neighborhood, need to know the local grocery store, shopping centers, restaurants, dentist, doctors, veterinarian, auto mechanic, body shop, plummer, electrician, landscaper, sports bar, gas station, convenience store, ethnic restaurants, specialty shops, attorney, accountant, optician, medical center, hospial, and other local businesses. We have rebranded and named our online community GCA FORUMS, which stands for General Community Forum (GCA FORUMS). We want to have a comprehensive forum covering any and all topics that relates to the average consumer, professional, business owner, student, real estate investor, homebuyer, home seller, entrepreneur, people with hobbies, car lovers, animal lovers, and people of all walks in life. We will have a comprehensive business directory that is not just a directory but a platform for customers to leave reviews, comments, and the business will list the scope of work or products they market or provide services and a landing page explaining the overview of the business. One major benefit of being listed on GCA FORUMS is we will offer the local business the option to get organic traffic where they can save money in their advertising and marketing budget because we will help the local business get organic traffic. The local businesses listed on GCA FORUMS needs to be nominated and sponsored by a GCA FORUMS member or moderator. Services we are planning on providing the local businesses are CRM, SOCIAL MEDIA MARKETING PLATFORM, access to plugins for Google Ads, and social marketing ads, and a sophisticated CRM system that will later be discussed. Designed by @Wendy GM Lahn, Esq., MBA, LL.M. Ravinder Sharma, and Sapna Sharma, we feel our members will be more than pleased on what we have planned for GCA FORUMS. Stay tuned. @sapna @Ravi @marga @Ali @Ann @April Ramirez @AngieCrippen @Angie_Torres @Dale_Elenteny @Bill Burg @mike-gracz @John Strange @cameron @Mneill0612 @Rhonda @Ronda @MortgageSensei @Lilboss @James @james-hayes @Mason @Christian Sorensen @Steve

Aldiva, Inc. is the preferred credit repair service and business development referral services partner for Gustan Cho Associates and it’s subsidiaries. GCA MORTGAGE Group endorses and refers all of our clients in need of credit repair and consultation services to Aldiva, Inc. due to their customer service business platform. Headed by owner and President Ali , Aldiva, Inc. is different from all other credit repair companies because she takes each individual client and analyze their credit report on each individual credit tradelines and evaluates on how to get it removed or sees if the creditor violated the fair reporting credit act. Ali has third party litigation attorneys in her network who acts on behalf of the consumer on a contingency basis. Besides credit restoration services Ali helps small businesses get LLCs, Corporations, and business credit. Aldiva, Inc. can prepare CPA letters for mortgage lenders for self-employeed borrowers. Aldiva, Inc. also does personal and business income taxes as well as ITIN for undocumented people so they are able to APPLY for a mortgage. Here is Aldiva, Inc. website

https://www.formmybusiness.com/

formmybusiness.com

Aldiva Inc. - Business Formation

Welcome to Aldiva Inc. where protecting your business is essential by forming a separate legal entity. Let us guide you through the process of forming a corporate entity.