HOW TO DEAL WITH CHARGE OFFS ON YOUR CREDIT REPORT?

Many homebuyers with less than perfect credit or marginal credit and/or income are afraid of entering into a real estate purchase contract in the event they get denied. However, mortgage lenders like GCA FORUMS MORTGAGE GROUP, powered by Gustan Cho Associates offers TBD Mortgage Approval, which is a full loan commitment issued by the underwriter with the exception of the subject property. Our viewers and borrowers get a lot of Frequently Asked Questions from homebuyers on how TBD Mortgage Approval works. Can you please detail the most FAQs on To Be Determined Mortgage Approval from consumers, renters, first-time homebuyers, and homebuyers with bad credit?

Can you please explain in detail what is the NAR Settlement for 2024? How will the NAR Settlement affect realtors? What is the ruling against the National Realtors Association? Who is going to benefit and receive money from the NAR settlement? Walk me Through August 17th, Buyers Now Pay Their Realtor’s Commissions. I started reading more into the August 17th 2024 date where suddenly homebuyers now pay the buyer real estate agent. Home sellers are only responsible to pay their seller real estate agent. As someone who plans to be both a seller and a buyer sometime in the near future, I am interested in both sides of this. This is really complicated and many real estate agents think they will be out of business. Maybe there are no real answers yet, but I want to hear other’s thoughts.

https://youtu.be/QKItI0C3K6M?si=X5fPAt7i4sEd783H

• This discussion was modified 6 months, 2 weeks ago by  Lilly.
• This discussion was modified 6 months, 2 weeks ago by  Gustan Cho.

Can I buy a house via FHA loan with high student loans?

Can I get a mortgage with under 580 FICO credit scores?

Can a Borrower qualify for FHA with Low FICO Credit Scores?

Can switching to extended student loan payment help with DTI?

Can I get a VA loan if My va loan was not included in my chapter 7?

Can a FHA appraisal be transferred to another mortgage lender?

Can I get mortgage with good credit scores but recent late payment?

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?

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!

https://youtube.com/@gcaforum?si=KI5nGsyP_9bWBsUO

youtube.com

GCA Forum

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

Simon Garfunkle classic hit Sound of Silence

https://youtu.be/4fWyzwo1xg0?si=dX4weMgXapQia-88

What happened last week that mortgage rates are plummeting. The 30-Year Treasuries dropped to 3.8% which tanked mortgage rates on government loans from 7.0 to 6.0%. 30-year U.S Treasuries were as high as near 5.0% just a few weeks ago. Gold increased to over 2,500 per ounce which is a historic high. Silver did not follow gold prices because banks were short selling Silver like crazy because banks and the Globalists have a huge short position and are afraid of getting margin calls on their Silver short positions. What economic numbers came out that caused the financial markets upside down? Will mortgage rates continue to plummet? Will it be beneficial to refinance now? How about doing Streamline Refinance on FHA and VA Loans? If I do an FHA or VA Streamline Refinance loan, can I do another FHA Streamline or VA Streamline Refinance loan if mortgage rates drop again? What are rates on conventional loans?

How is life in the Philippines. How is it like to raise a family. How is the economy? How is the cost of living in the Philippines, cost of housing, job opportunities, education, room for advancement, weather, tourism, culture, demographics, and political and government system.

There are thousands of reports that Joe Biden is dead. There are reports of witnesses seen Joe Biden wear a lifelike mask. There are reports the current Joe Biden is a body double. So what is it. Is Joe Biden dead? Did Joe Biden get executed due to crime against humanity and TREASON in Guantemo Bay through Military Tribunal?

https://www.youtube.com/live/r6oAH36Y-rk?si=FRUWJbYBJdkhdpB0

• This discussion was modified 7 months, 1 week ago by  Gustan Cho.

Here’s a documentary about the life and tragedy of Michael J. Fox. Michael J. Fox suffered from Parkinson Disease.

https://youtu.be/ursk48LfS0g?si=yKhhcyoWbk3CoaRw

youtu.be

The Tragedy Of Michael J. Fox Is Beyond Heartbreaking

The Tragedy Of Michael J. Fox Is Beyond HeartbreakingThe story of Michael J. Fox is one filled with triumphs and tragedies, a testament to all that he went t...

Which type of digital marketing is important and profitable in any Country?

What is Virginia Housing Market Forecast? How are the housing prices and cost of living in Virginia? What are the average home prices in Virginia? What are home prices in Virginia compared to other states in the nation? Have home prices in Virginia skyrocketed like other states? Are people priced out of the housing market in Virginia like they are priced out of the housing market in California? Is buying a house in Virginia a good investment? How is it like to raise a family in Virginia? What are the areas with the best school district in Viriginia? Is relocating to Virginia from other high taxed states a good idea? Is investing in real estate in Virginia a great idea?

The value of investing in real estate, including buying a house in California, can depend on various factors and it’s hard to make a blanket statement without considering all of them. However, here are some general considerations:

1. **Market Trends:** As of my knowledge cutoff in September 2021, the housing market in California had been experiencing significant growth for many years, with prices increasing steadily. Some areas, such as San Francisco or Los Angeles, had seen especially high appreciation. It’s important to monitor the latest trends, as the market can fluctuate.

2. **Location:** The potential for return on investment can greatly depend on the specific location within California. Properties in or near major cities or in desirable communities tend to hold value well and may offer higher potential returns. However, they can also come with higher initial investment costs.

3. **Rent Potential:** If you’re planning to rent out the property, it’s crucial to consider the rental market in the area. Some parts of California have a strong rental market with high demand, which could provide a good source of income.

4. **Long-term Investment:** Typically, real estate should be viewed as a long-term investment. In the short term, fluctuations in the market can occur, but over the long term, real estate generally tends to appreciate in value.

5. **Taxes and Regulations:** California has higher property taxes and stricter regulations for landlords compared to many other states. These should be factored into your considerations.

6. **Economic Stability:** California has a strong and diverse economy, which can support the long-term growth of property values.

7. **Other Financial Considerations:** Buying a house involves significant costs beyond the purchase price, such as maintenance costs, insurance, property taxes, and potentially homeowner association fees.

It’s also important to consider your financial situation, your investment goals, and your risk tolerance. Real estate can be a good investment, but it also comes with potential risks and costs.

Please note that while these points may serve as a general guide, you should consult with a financial advisor or real estate professional who can provide advice based on the current market conditions and your individual circumstances.

Home mortgage loans for investment homes, also known as investment property loans or rental property loans, are loans specifically designed for individuals or investors looking to purchase residential properties with the intention of generating rental income or capital appreciation. These loans are different from traditional home mortgages, which are typically used to purchase a primary residence.

Here are some key points to consider when it comes to investment property loans:

1. Loan Types:

   • Conventional Loans: These are traditional mortgage loans offered by banks, credit unions, and mortgage lenders. They typically require a down payment of at least 15% to 25% and have competitive interest rates.
   • FHA Loans: The Federal Housing Administration (FHA) offers loans with lower down payment requirements (as low as 3.5%) but may have stricter qualification criteria.
   • VA Loans: Veterans and active-duty military personnel may be eligible for VA loans, which often have favorable terms, including no down payment requirement for qualifying borrowers.
   • Portfolio Loans: Some lenders offer portfolio loans that aren’t backed by government agencies. These loans may have more flexible eligibility criteria but can come with higher interest rates.

2. Down Payment:

   • Investment property loans typically require a larger down payment compared to primary residence loans. The exact amount varies but is generally between 15% and 25% of the property’s purchase price.

3. Interest Rates:

   • Interest rates for investment property loans may be slightly higher than those for primary residence loans. The rate you receive depends on factors such as your credit score, loan type, and lender.

4. Qualification:

   • Lenders will consider your credit score, debt-to-income ratio, and the potential rental income from the property when evaluating your eligibility for an investment property loan.

5. Property Type:

   • The type of property you intend to purchase can affect the loan terms. Single-family homes, multi-unit properties, and commercial properties may have different financing options and requirements.

6. Rental Income:

   • Lenders often take into account the property’s potential rental income when determining loan eligibility and terms. They may require rental income documentation, such as leases and rental history.

7. Tax Implications:

   • Owning an investment property may have tax implications, including deductions for mortgage interest, property taxes, and depreciation. Consult with a tax professional to understand the tax benefits and responsibilities associated with investment properties.

8. Property Management:

   • Managing an investment property can be time-consuming. You may need to hire a property manager or handle property management tasks yourself.

Before pursuing an investment property loan, it’s essential to conduct thorough research, assess your financial situation, and develop a solid investment strategy. Additionally, working with a knowledgeable real estate agent and a reputable lender can help you navigate the complexities of purchasing and financing investment properties.

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?

https://www.youtube.com/watch?v=F2KRlwKiyl4

Can you explain what an FHA OTC NEW CONSTRUCTION LOAN IS? How do I qualify and get approved for an FHA One-Time-Close New Construction Loan? What are the eligibility requirements? How does it work? What is the steps of the mortgage process on the FHA OTC NEW CONSTRUCTION LOAN?

Do we love our pets too much?

Two-thirds of the people in the United States have pets. If they all voted, they would be the majority. This is a 138 billion-dollar business with nearly 40 million pets.

We treat our pets like members of the family; we have pet spas, pedicures, jewel-studded collars, and boutique hotels disguised as kennels. They are not family; they are animals, and I am one of those pet owners.

Years ago, animals stayed outside; barnyard dogs and stray cats were everywhere. Cats came and went whenever they wanted. Now we have scientific studies and biological proof of why we love our pets. Wounded Warriors has dogs available to vets because dogs understand. A dog will love you more than they love themselves, an unconditional love found nowhere else.

The problem with pets is that they never grow up; they remain children, and we treat them as such. Your pet animals get expensive, and we spend thousands of dollars to keep them alive and healthy. We wheel them outside to do their business and think nothing of it. When do we end their misery? Do we keep them alive because of selfishness?

When you decide to get a dog, or a cat, for that matter, it is a lifelong commitment. What happens when you decide that you made a mistake? Bringing the dog back causes psychological issues; the dog feels abandoned. Fido gave all of himself to you, and you abandoned him. The dog may have a problem with trust; all they want to do is love and please you.

I have had many dogs in my life; my current dog now is 12 years old, and I have sworn to him that I will be with him until his last breath. I know he is here for me until mine.

Few more videos of Chase

Lending Network, Inc. is the commercial lending division of Gustan Cho Associates headed by Don Howell. Don Howell is the President and Managing Partner of Operations of Lending Network, powered by NEXA Mortgage.

Lending Network, Inc., dually powered by Gustan Cho Associates and Mortgage Sensei, is a commercial financial services company that deals with various business, investment, and commercial mortgage loan products and lending solutions not offered by traditional banks and commercial financial institutions. Lending Network, Inc. is led by President and Managing Operations Partner Don Howell . Mr. Howell manages a residential mortgage division, Mortgage Sensei, powered by NEXA Mortgage. Don Howell brings his management skills alongside industry expertise in executing tasks within the wheelhouse of Lending Network.

What Types of Commercial Loan Programs Does Lending Network Offer

Lending Network has a national reputation for being able to offer business and commercial loans that other financial institutions of business and commercial financial products cannot do. With the backing of the largest residential mortgage broker in the nation, NEXA Mortgage, it is easier to ask us what commercial loan program Lending Network does NOT do. We strive to live by our national reputation as a one-stop lending shop. Lending Network aims to give individualized monetary answers that cater to the distinct requirements of borrowers of business and commercial lending options, even if they do not fit into standard traditional commercial loan qualifications. For more information, please refer to their official website – http://www.lendingnetwork.org

• This discussion was modified 7 months, 3 weeks ago by  Gustan Cho.
• This discussion was modified 2 days, 6 hours ago by  Sapna Sharma.
• This discussion was modified 2 days, 6 hours ago by  Sapna Sharma.

lendingnetwork.org

Page Not Found - Lending Network, LLC

Page Not Found - Lending Network, LLC

I have three dually licensed real estate agents and mortgage loan originators who are the main breadwinners and need to produce. They are 100% commission and if they do not list, sell, or rent a house or commercial property they do not bring home a pay check. The mortgage industry has been no different and bleak. However, the chances are much greater for the dually licensed realtor and mortgage loan officer to concentrate on loan origination rather than real estate sales because they can cover much more distance. A loan officer does not have to drive a customer all over the city to show them a home. Loan officers can work remotely, over the phone, and out of state as long as the loan officers are licensed in the particular state. I know many loan officers purchased leads and SEO programs to no avail. Nothing but a waste of money and time. I have been talking to Viral Website Developers and am very interested in targeting keywords and buying Google Ads or work on blogs or content with the right keywords. Where can I get a list of keywords on government, conventional, and non-QM loans. I would appreciate the GCA technical and seo team if they can guide me the right direction because these folks do not have the money nor the time to get scammed by a fast talking SEO lead generation hustler. Thank you in advance.

There were a few instances when my website got a Google Penalty. A Google Penalty under my understanding is when Google unranks your Keywords thus affecting your organic traffic. Many Keywords will go from first page to disappearing

Any of you have more specific information about getting a Google Penalty and the reasons why and how you fix it. Thank you in advance.