If your rates are at or near 8% on your home loan and have higher credit scores you may be in luck. Higher rate borrowers are priced in the 5% due to rates dropping

Mortgage rates are forecasted to plummet in 2024.Homeowners are going to are going to enjoy the down ward slide of Mortgage Rates. Here’s a video about how rates are dropping

https://www.youtube.com/live/eGIq0UNH4MQ?si=sFw-XDzLsFaHn29m

Two unit one month and two to four units three months reserves on VA loans.

To become a loan officer, you need to complete a 20 hour pre-licensing course and pass the 125 hour three hour national NMLS federal exam. The key in passing the national NMLS exam is to go through hundreds of practice multiple choice question. I highly recommend Angie Crippen of On Course Learning. Angie is hands on and will go above and beyond to get you what you need, whether it is now passing the 125 hour course or throughout your mortgage career. Below is the link the NMLS mortgage licensing school On Course Learning with Angie Crippen as our account executive.

https://gustancho.com/mlo-license-school/

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

gustancho.com

MLO License School

MLO License School

Does any loan officers know how much tri-merger credit report fees will be increased to?

Here’s some photos of my babies. Not all of them. Will post the rest of them.

Bella is a 5 year old 21 pound Labrador mix that is one of the most cutest 😍 smartest dog 🐕 I have met. Belongs to my sister Claudia and brother in law Jeff and Bella knows she is precious and loved 😍 🥰 ❤️ 💖 💗 Stumpy legs and a Godsend

Brent Norkus is the preferred insurance agent for Gustan Cho Associates dba NEXA Mortgage, LLC. Brent Norkus of Goosehead Insurance is my personal insurance agent for my homeowners insurance, cars, motorhome, and ATV, motorcycles, boat, and all other insurance needs. Brent Norkus of Goosehead insurance can offer insurance through Goosehead Insurance in all 50 states. After going over hundreds of terms and premiums, Brent Norkus can get our borrowers the best terms and insurance than any other insurance company in the nation. Hands down. I have borrowers save over 50% on their homeowners premium on their homeowners insurances. Besides homeowners insurance, Brent Norkus can beat any insurance premium on their cars, business, and property casualty insurance premium. Give Brent Norkus of Goosehead insurance a try. Or ask any insurance questions on this forum and Brent Norkus will answer them.

Auto insurance is a type of insurance coverage that protects individuals and businesses from financial loss in the event of a car accident or theft. It is a contract between the policyholder and the insurance company, where the policyholder pays a premium, and in return, the insurance company provides coverage for specified risks.

Here are some key components and coverages typically included in auto insurance:Liability Coverage: This covers the policyholder’s legal responsibility for bodily injury or property damage to others in the event of an accident for which they are at fault.

Collision Coverage: This covers damage to the policyholder’s vehicle in the event of a collision with another vehicle or object.

Comprehensive Coverage: This provides coverage for non-collision events, such as theft, vandalism, natural disasters, or hitting an animal.

Medical Payments Coverage (MedPay): This covers medical expenses for the policyholder and passengers injured in an accident, regardless of who is at fault.

Personal Injury Protection (PIP): Similar to MedPay, PIP covers medical expenses but may also include coverage for lost wages and other expenses.

Uninsured/Underinsured Motorist Coverage: This protects the policyholder if they are involved in an accident with a driver who has little or no insurance.

Auto insurance is mandatory in many places, and the minimum required coverage can vary. The cost of insurance premiums depends on various factors, including the driver’s age, driving history, type of vehicle, coverage limits, and geographic location.

It’s important for individuals to carefully review and understand their auto insurance policy to ensure they have adequate coverage for their needs. Additionally, laws and regulations regarding auto insurance can vary by jurisdiction, so it’s essential to be aware of the specific requirements in your area.