It’s over folks. Comcast, the parent of MSNBC is up for sale. Viewership at MSNBC dropped 51% due to anti-Trump and anti-Republican stance. Major layoffs is also expected. On another note, CNN lost 21% of its Viewership

The mainstream media is on life support.

It is reported that Oprah Wilfrey was paid one million dollars by the Kamala Harris campaign. The Democrat Party is deteriorating and deteriorating fast

Many Democrat states are losing citizens changing parties to the Trump Team.

https://www.youtube.com/live/rdyMVnYBw1w?si=ZIiFLCLNsh7HI4DB

My credit score is 615 my wife’s 768. We have a high DTI ratio around 47-49%. We currently have 2 mortgages our 2nd mortgage is a Home Equity Line of Credit (HELOC) with Champions Bank and Trust for $65,000. We’ve used $60,000 of the $65,000. Our 1st mortgage is with Mr. Cooper and owe $255,000. Home value between $370,000 & $390,000(Per Zillow Zestimate) last appraiser in 2007 for $349,000. Need to pay off Capital One $60,000 looking for cash out if possible maybe payoff some debt with 90%_125% LTV. What is the best action to take and what would you advise?

• This discussion was modified 3 months, 4 weeks ago by  Hector.

I want to know if Buying a Short Sale Home From a Seller with Lender Approval is a good idea. I am getting many different answers from family, real estate investors, homebuyers, co-workers, loan officers, attorneys, and real estate agents who supposedly are familiar or knowledgable buying a short sale home from a homeseller with the mortgage servicer and lender’s approval. Frequently asked questions by homebuyers who want to know the benefits and negatives of buying a short sale home from a mortgage lender. Many homebuyers think if buying a short sale home from a lender is a good idea. Many homebuyers are told by real estate agents buyers can buy it at a huge price reduction while other real estate agents are telling buyers lenders are not discounting the price of the home. Is it true that buying a short sale home takes up to one year to close? What things can go wrong buying a short sale home from a seller with lender approval?

What are the types of monkeys to have for pets. Monkeys that are loyal, easy to train, affectionate, easy to housebreak, as little as possible, and a monkey who you can be your best friend. A pet monkey that can and will get along with people, especially little children. I saw many pet monkeys who are like human on youtube videos raised in Vietnam. I like to get a pet monkey for the United States.

My credit score is over 620 and I meet the mortgage lending requirements lenders ask. But then say I cannot be approved. My foreign earned income falls on the W2 line, and a previous underwriter said it needed to be amended – what can I do?

HOW MORTGAGE BROKERS CALCULATE INCOME AND RATES?

HOW DO COMMERCIAL LENDERS VIEW BORROWER’S CREDIT?

How can a bankrupt person establish credit with a 400 FICO SCORE?

How Mortgage Underwriters Calculate Borrowers Debt To Income Ratios?

I filed bankruptcy and got it discharged two years ago. I know different loan programs have waiting period after Chapter 7 Bankruptcy. I worked hard in re-establishing my credit and am successful with my job as a digital media marketing consultant. I can put $300,000 down payment on a home purchase and want to buy a $1.2 million dollar luxury home. I am worried about qualifying for a jumbo loan after Chapter 7 Bankruptcy due to the waiting period requirements. How many years will you have to wait after filing Chapter 7 Bankruptcy for Jumbo loan?

HOW TO DEAL WITH CHARGE OFFS ON YOUR CREDIT REPORT?

Can I use my spouses income on an FHA loan even though her credit is bad?

Can i get a cash out refinance if i had a forclosure 6 years ago my score is 650?

CAN I QUALIFY FOR A MORTGAGE WITH A 580 CREDIT SCORE IN CALIFORNIA?

Can I qualify for a no tax return W2 loan if commission is large part of my pay?

I am in a repayment plan on a Chapter 13 Bankruptcy for 2.5 years, 655 credit, w2s only no tax returns. Can I qualify for a mortgage and buy a house while I am still in a five year Chapter 13 Bankruptcy repayment plan.

Can FHA finance new manufactured home including land and development costs?

CAN I GET A MORTGAGE WITH JUDGMENT OR DO I NEED TO FILE BANKRUPTCY?

GCA FORUMS has created a YouTube and Rumble Video Channel to Streamline our Daily News Network and Podcast. The technical team at GCA FORUMS works around the clock on the backend coding, programming, and structuring, so we set apart from the competition. We will keep our viewers updated in the coming days and weeks. Stay tuned!

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GCA Forums – Powered by Gustan Cho Associates Overview and Summary: GCA forums are a community designed to help people inquire about mortgage loans and real estate. The site provides support, information, and resources to those who need them. Platform … Continue reading

CAN SOCIAL SECURITY INCOME BE GROSSED UP? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON FHA LOANS? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON VA LOANS? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON USDA LOANS? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON CONVENTIONAL LOANS? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON JUMBO LOANS? HOW MUCH CAN SOCIAL SECURITY INCOME BE GROSSED UP ON NON-QM LOANS?

What Does Residual Income Mean On VA LOANS? How do you calculate residual income? What does residual income tell you. What is the formula for residual income for a mortgage. What does residual income affect?

I want to know how a lender credit from the mortgage lender works. I heard that mortgage lenders can offer a lender credit towards closing costs.

Aside from finding a good pizzeria when you relocate, there are more important things to search out. Bank, church, post office, and lawn service are just a few. I have been fortunate to be 70 years old and have a full head of hair, but for some reason it continues to grow. I never went for hair stylists; I prefer the old-time barbers. My father always took me to a barber as a kid. Searching for a barber is not that easy; it is a forgotten art.

Twenty years ago, before moving to Florida, I went back home to New York City. My barber was a guy named Isaac, a Russian Jew. He set up shop on 7th Avenue in the Chelsea section of Manhattan. He was the first barber to cut my hair in NYC. He was so good that one day, while getting a shave, I glanced over at the next customer, and it was Anderson Cooper. Isaac was the barber for the Manhattan elite. I was lucky.

What are the chances of finding a barber of that quality in Ocala, Florida? Luck struck twice, for low and behold, right next to #1 Pizza was a barber, King Cutz. I decided to try my luck after having a slice, with a guy named O’Nell. As I entered the shop, it was crowded. It was the Friday before school started in Florida. August 12 was, I thought, early; it seems school starts earlier each year. When I was in grade school, we started after Labor Day. Why would you have children start school in early August in Florida? It is so hot! The air conditioners have to work harder to keep class rooms cooler. Anyway, a dozen kids were ahead of me, all Spanish and black; razor cuts are a big style for kids, not me, who likes scissors. I didn’t feel out of place, but I was concerned about being older and liking traditional hair cuts.

O’Nell had been a teacher in a hair salon in Puerto Rico. He spent 30 minutes on a six-year-old’s hair. He meticulously clipped each and every hair on this buzz cut, and I was impressed. I was next; he cut my hair, trimmed my beard, and not a hair was out of place. In the morning, I had no cow lick, which usually occurs after my hair is cut. I found my barber and my pizza!

Most New Yorkers agree that the best Chinese food is in Chinatown in lower Manhattan. I could never remember the names of the restaurants; I went by numbers: 17 Pell Street, 37 Mott Street. In the same strip mall, there was a Chinese restaurant! I have not tried it as yet; there is too much pizza to digest. What are the odds of it being as good as a New York restaurant?

My saga continues for new places in Ocala, especially to eat.

Ever considered becoming your own boss by opening your own company. Turn key full service business, commercial, and residential funding business. We will train you about how to open your own commercial loan brokerage business after you go through our training program. Unlimited opportunity. Contact Danny Vesokie at Affiliated Financial Partners at 916-402-2506. Text Danny Vesokie for a Faster Response. Affiliated Financial Partners is a preferred commercial loan officer school of Lending Network and Gustan Cho Associates. Affiliated Financial Partners LLC-Wholly Owned Subsidiary of Danny Vesokie Institute of Finance, headquartered in Sacramento, California.

• This discussion was modified 5 months, 1 week ago by  Danny Vesokie | Affiliated Financial Partners.

Stayed tuned, people. We create, design, and develop a one-stop lending shop mortgage loan officer website. This one-in-all marketing-support-operations-business-development mega website is for select loan officers who want to be in the top 20% of the nation and belong to a team of winners. Many talented goal-oriented folks want to become top-producing loan officers but do not have the guidance, training, tools, and direction to lead them there. After a decade of research and development, making thousands of fixes, and making thousands of hours of mistakes, my team and I have mastered a mega one-stop lending shop. Training a loan officer is one of the most difficult tasks there is. There is no sure proof training program in the market place. The best way to learn to become a successful loan officer is by getting trained by a mentor. Training a loan officer is like training an attorney. Say a young lawyer graduates from an IVY LEAGUE LAW SCHOOL like Harvard, Yale, Princeton, or Stanford Law School. The young, newly law school graduate masters the Bar Exam and is now licensed to practice. What NOW? How is he or she going to represent clients in court, let along simple parking tickets or simply real estate closings? Same with loan officers. You will be clueless and lost. So the best way to train a young recruit loan officer is to take a few steps backward to go forwards. A newly licensed loan officer should not even do a single loan until they have processed three to six loans themselves under the supervision of a loan processor. The loan officer will never become a master mortgage processor and I do not recommend they be one if they want to originate loans, but loan officers will be working very closely with mortgage processors on every single loan. To this day, most loan officers are clueless on how mortgage processing works and often bitch and degrade mortgage processors if shit does not go your way. Master processing, at least how it work, before you proceed to originating. In the system we will have on http://www.viralwebsitedevelopers.com, we will have a detailed training section on processing and how mortgage processing works. Once you have the basics on how mortgage processing works, the next step is to learn origination. So one of the frequently asked questions is do I need to memorize all the mortgage guidelines before proceeding. The answer is NO. There is no way you will learn and know all of the FHA, VA, USDA, FANNIE, FREDDIE, and NON-QM mortgage guidelines. Learning the guidelines is not enough. Every lender has their own lender overlays. Lender overlays are additional mortgage guidelines above and beyond the minimum guidelines of HUD, VA, USDA, FANNIE MAE, and FREDDIE MAC. However, every loan officer should know the basic agency guidelines on government and conventional loans. Everything you need to know, you can find it on http://www.gustancho.com. AGAIN, loan officers should get familiar with the basic guideline but no need to memorize it. You will go back to it often. Again, all the guidelines will be on the master website from Viral Website Developers. Remember, our mission at Viral Website Developers is to create a one-stop mortgage lending online shop with your very one virtual digital media website. So, the next step for brand new loan officers are loan officers transferring to Gustan Cho Associates on a branch level or an independent loan officer sponsored by a member of the Gustan Cho Associates family is getting leads. Again, your newly assigned one-stop shop lending virtual mega loan origination website will have an organic lead generation system which will grow and add more value as it seasons with age and content. I will continue this part at the next time I am able to continue.

• This discussion was modified 1 year, 6 months ago by  Sapna Sharma.
• This discussion was modified 1 year, 6 months ago by  Gustan Cho. Reason: Updates

California homeless problems is getting out of control that it’s attracting global attention. California Politicians have long ignored the serious homeless problems. Many outsiders consider California’s homeless crisis as inhumane and borderline criminal on Politicians especially the Governor of California. Central and Southern California have mild weather where homelessness is a year around crisis. California homeless people have no access to shelter, water, fresh clothing, healthcare, and poor sanitation. Homelessness takes 25 years from a person’s life. Governor Gavin Newsom visited homeless areas in San Francisco and said that the area looks like a third would country. Why is Gavin Newsom all of a sudden showing concern after decades of homelessness throughout the state of California? You got it. The 2024 Election and making California loo better.

https://youtu.be/nSuAoGAX7_E?si=8xu4PoqjrGIeJY48

What does $500 a month (U.S. Dollar) get you in the Philippines? How much does a average middle class wage earner make in the Philippines? How much is the average college graduate make in the Philippines? How is living in the United States like compared to the Philippines? How do you buy a house in the Philippines? What is the average cost of a house and how much money do you need to buy and finance a home? How does the housing and mortgage industry in the Philippines work? How much does a car cost? How do you buy and finance a car in the Philippines?

A “No-Ratio DSCR Loan” typically refers to a type of commercial real estate financing that doesn’t require the calculation or consideration of the debt-service coverage ratio (DSCR) for the property being financed. Let’s break down what this means:

1. Debt-Service Coverage Ratio (DSCR): The DSCR is a financial metric used in real estate lending, especially for commercial properties. It represents the property’s ability to generate enough income to cover its debt obligations, primarily the mortgage payments. The DSCR is calculated by dividing the property’s net operating income (NOI) by its total debt service (mortgage payments).

2. No-Ratio: When a loan is referred to as “No-Ratio,” it means that the lender does not consider the DSCR when evaluating the borrower’s eligibility for the loan. This can be beneficial for borrowers who may not meet the traditional DSCR requirements but have other strong financial attributes or unique circumstances that make them creditworthy.

In essence, a No-Ratio DSCR Loan is a type of financing option where the lender focuses less on the property’s income-generating ability and more on other aspects of the borrower’s financial situation, such as their creditworthiness or assets. This can be useful for borrowers who have unconventional income sources or situations that make it challenging to meet traditional DSCR requirements.

It’s worth noting that these types of loans may come with higher interest rates or different terms compared to loans where the DSCR is a critical factor in the lending decision. Additionally, they may be more common in certain niche or specialized lending markets. Borrowers considering such loans should carefully review the terms and assess the overall cost and risk associated with them.

What is the United States Dollar? Does the Dollar have any creditbility? Does the World respect the U.S. Dollar? Is the dollar going to be worthless in the coming months or years?

What are the mortgage lending requirements on investment property jumbo loans. Can you please explain the lending guidelines on traditional and non-QM jumbo loans, the borrowers credit and income requirements, the down payment requirements and closing costs, the maximum debt-to-income ratio, the mortgage rates on non-QM jumbo loans, and the various different types of traditional and non-QM jumbo loans? If you can explain the mortgage process on traditional and non-QM jumbo loans on investment properties, it will be greatly appreciated?