Non-QM Mortgage Brokers is a national mortgage broker and correspondent lender licensed in 48 states, including Washington, DC, Puerto Rico, and the United States Virgin Islands. Non-QM Mortgage Brokers is a wholly-owned subsidiary of Gustan Cho Associates, Inc. Gustan Cho Associates, also referred to as GCA Mortgage Group NMLS 2315275 is a dba of NEXA Mortgage, LLC NMLS 1660690, the nation’s largest mortgage broker and correspondent lender with nearly 3,000 licensed mortgage loan originators and equally number of support, operations, and third-party independent contractor service providers. Non-QM Mortgage Brokers specialize in providing mortgage options for individuals who may need to meet the standard lending criteria set by the Consumer Financial Protection Bureau (CFPB). Licensed mortgage loan originators at Non-QM Mortgage Brokers offer more flexible mortgage loans regarding income and credit requirements, which can benefit borrowers such as business owners, self-employed individuals, and gig workers.

Here are some key features of non-QM loans:

Flexible Income Documentation: Borrowers may use alternative methods, such as tax returns, bank statements, or 1099s, to demonstrate their ability to repay the loan.

Higher Debt Limits: Some non-QM loans allow for debt-to-income ratios over 50%, compared to the standard 43%.

No Waiting Period After Bankruptcy: Certain non-QM loans do not require a waiting period after bankruptcy or foreclosure, enabling quicker access to a mortgage.

Higher Down Payment Requirements: Non-QM loans often require a larger down payment, typically between 15% to 20%.

Higher Interest Rates: Due to the increased risk associated with these loans, non-QM mortgages usually come with higher interest rates.

If you’re considering a non-QM loan, it’s important to shop around and compare offers from different lenders to find the best terms for your situation. Remember that while non-QM loans can provide a path to homeownership for those who don’t qualify for traditional mortgages, they also come with higher costs and risks. It’s advisable to consult with a financial advisor or mortgage broker to understand all the implications before proceeding. Non-QM Mortgage Brokers is the nation’s largest mortgage broker of non-qualified mortgages. For more information, visit us at Non-QM Mortgage Brokers, Inc. at

https://www.non-qmmortgagebrokers.com/

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Illinois residents have been moving to Indiana in increasing numbers in recent years, with an estimated 31,015 moving in 2022. Some reasons for this include low cost of living, affordable housing, low taxes, friendly people, welcoming new businesses with tax incentives, proximities to large cities, great schools, and great healthcare. Cost of living. Indiana is considered one of the most affordable states in the US, with U.S. News ranking it #2 in overall affordability and #3 in housing affordability. For example, moving from Indianapolis to Chicago could increase the cost of living by more than 20% . Job opportunities: Indiana’s manufacturing and agriculture industries offer many job opportunities. Schools: Indiana’s Four Star School program ranks schools for excellence and accountability. Proximity to cities: Indiana is close to major cities like Chicago and Louisville, which offer access to entertainment, culture, and more jobs. Popular cities throughout the state of indiana: Some Indiana cities that are popular with Illinois residents include Indianapolis and Fort Wayne. Indianapolis offers a low cost of living, walkable downtown, and attractions, while Fort Wayne has affordable cost of living, family-friendly neighborhoods, and good schools.

https://gustancho.com/home-loan-with-bad-credit-in-indiana/

• This discussion was modified 9 months, 3 weeks ago by  Connie. Reason: Spelling error

gustancho.com

Home Loan With Bad Credit In Indiana With No Overlays

Gustan Cho Associates is a mortgage company with no overlays specializing in Home Loan With Bad Credit In Indiana and dozens other states

Moving to Washington, D.C., can be an exciting adventure! As the capital of the United States, Washington, D.C. offers a unique blend of history, culture, politics, and diverse neighborhoods. Here are some tips to help you with your move:

1. Research neighborhoods: Washington, D.C. has many different neighborhoods, each with its character and amenities. Consider safety, proximity to public transportation, schools, and amenities when choosing where to live.

2. Cost of living: Washington, D.C., can be an expensive city to live in, so it’s essential to budget accordingly. Be prepared for higher housing costs, especially in popular areas.

3. Transportation: D.C. has a well-developed public transportation system, including the Metro (subway) and buses. Many residents prefer public transportation due to traffic and limited parking options in the city.

4. Climate: Washington, D.C., experiences four distinct seasons. Summers can be hot and humid, while winters can be cold and occasionally snowy. Be prepared for each season with appropriate clothing.

5. Government and politics: D.C. is the center of American politics and government. There are numerous museums, monuments, and historical sites to explore, many of which are free to the public.

6. Employment opportunities: D.C. is home to many government agencies, non-profit organizations, and international institutions. It’s also a hub for technology, finance, and consulting companies. If you’re moving for work, research job opportunities beforehand.

7. Social life and activities: There is no shortage of things to do in D.C. From dining out in diverse neighborhoods to attending cultural events and visiting museums, you’ll find plenty of activities to keep you engaged.

8. Driver’s license and registration: If you’re moving from another state, update your driver’s license and vehicle registration within a certain period to comply with local laws.

9. Meet new people: D.C. is a diverse city with various ways to meet new people and make friends. Consider joining social clubs, attending meetups, or participating in community events.

10. Be prepared for politics in daily life: Due to its political significance, discussions about politics are common in Washington, D.C. Awareness of this can help you navigate conversations and maintain respectful discussions.

Remember to check for any updated information about the city and its regulations closer to your move date, as things might have changed since my knowledge cutoff in September 2021. Good luck with your move, and I hope you enjoy your time in Washington, D.C.!

https://www.youtube.com/watch?v=8zFVVxIX4lA

Oregon is a state located in the Pacific Northwest region of the United States. Here are some key facts and information about Oregon:

1. State Capital: Salem
2. Largest City: Portland
3. Nickname: The Beaver State
4. Population: As of my last knowledge update in January 2022, Oregon had a population of approximately 4.2 million people.
5. Geography: Oregon is known for its diverse geography, which includes coastline along the Pacific Ocean, the Cascade Range with several prominent volcanoes, high deserts in the eastern part of the state, and lush forests in the western part.
6. Statehood: Oregon became the 33rd state of the United States on February 14, 1859.
7. Economy: Oregon’s economy is diverse, with significant contributions from industries such as technology, agriculture, forestry, manufacturing, and tourism. It’s home to several major technology companies and has a growing wine industry.
8. Education: Oregon is home to several universities and colleges, including the University of Oregon and Oregon State University.
9. Outdoor Recreation: The state is known for its outdoor recreational opportunities, including hiking, skiing, camping, and fishing. It has numerous state parks and national forests.
10. Crater Lake: Crater Lake, located in southern Oregon, is the deepest lake in the United States and is renowned for its stunning blue color and natural beauty.
11. Portland: Portland is Oregon’s largest city and is known for its vibrant arts scene, eclectic neighborhoods, and environmentally conscious culture. It’s also famous for its food carts, craft breweries, and the International Rose Test Garden.
12. Wine Country: The Willamette Valley in Oregon is famous for its wine production, particularly Pinot Noir. It’s considered one of the premier wine regions in the United States.
13. Mount Hood: Mount Hood is a prominent volcanic peak in the Cascade Range and is a popular destination for outdoor enthusiasts, including skiers and snowboarders.
14. Political Landscape: Oregon has a reputation for being politically progressive and has been known for initiatives like vote-by-mail and legalizing recreational marijuana.

Please note that some of this information may have changed since my last knowledge update in January 2022, so I recommend verifying any specific details with up-to-date sources if needed.

The Lamborghini Murciélago and the Lamborghini Aventador are two distinct and iconic models produced by the Italian automaker Lamborghini.

1. Lamborghini Murciélago:

   • The Lamborghini Murciélago was first introduced in 2001 and was in production until 2010. It succeeded the Lamborghini Diablo and was succeeded by the Lamborghini Aventador.
   • The Murciélago was available in various versions, including the Murciélago Coupe and the Murciélago Roadster.
   • It featured a mid-engine layout and was powered by a naturally aspirated V12 engine, which produced different power outputs in various iterations.
   • The Murciélago was known for its striking and aggressive design, which included distinctive scissor doors.
   • It was one of the flagship models of Lamborghini during its production period and garnered attention for its high-performance capabilities and exotic styling.

2. Lamborghini Aventador:

   • The Lamborghini Aventador was introduced in 2011 as the successor to the Murciélago.
   • It, too, features a mid-engine layout and is powered by a naturally aspirated V12 engine. The Aventador has seen various iterations with power outputs, including the Aventador LP 700-4 and Aventador S.
   • Like its predecessor, the Aventador is known for its aggressive and futuristic design and its distinctive scissor doors.
   • The Aventador is a high-performance supercar that offers impressive acceleration and top speeds, making it a flagship model in Lamborghini’s lineup.

The Murciélago and the Aventador are renowned for their performance, style, and distinctive Lamborghini driving experience. These cars are often considered icons in the world of supercars and have a dedicated fan base among automotive enthusiasts. Please note that my knowledge is based on information available up to January 2022, and new developments or models may have been introduced since then.

https://www.youtube.com/watch?v=jp5FfeWTC2o

Does Tennessee cap borrower paid compensation at 2%? Never heard of a state allowing 2.75% Lender Paid comp at 2.75% but lower on borrower Paid yield spread premium.

The team at Gustan Cho Associates are experts in helping borrowers qualify and get approved for non-qualified no income document mortgages. We can help borrowers without traditional income sources with our no-ratio mortgage programs. A credit score over 660 is required, as well as at least one tradeline open 24 months or more. Down payments and reserve requirements will vary.

Kamala Harris, is it racism?

Who is Kamala Harris? A vice president who hasn’t achieved much. She is a heartbeat away from being president. If Biden doesn’t run in November, she may be running in his stead. Every time I look up information on her, all I find is the following: The first female African American to hold the office of vice president That’s her claim to fame, and I take issue with that claim. Also, what is she? Her mother, Kamil, is from India, which makes her Asian; her father, Donald, is, get this, Afro-Jamaican with Irish ancestry. I will assume she is a woman. Why isn’t she the first Irish-Jamaican-Asian? You list the adjective first: I’m Italian American. An American by birth, a Native American is what I am. Granted, she was born in Oakland, California, apparently of many different ancestors. Why does Africa come first? She’s barely African; has she been there? I’ve been to Italy many times. I don’t play it up; it’s obvious I’m Italian. My wife’s DNA states she is 2% Polynesian; she can’t relate to that; she’s Ukrainian and Slovak. Would my wife be Polish or Polynesian? My DNA says I’m 20% Greek. Southern Italians and Greeks have been screwing around with each other for a long time. Africa is just 30 miles from Sicily. I have black cousins! Are we Afro-Italianos? Everyone here is from elsewhere. The party plays the female race ticket; just give them a minority, and they will vote them into office.Kamala Harris, is it racism?

Who is Kamala Harris? A vice president who hasn’t achieved much. She is a heartbeat away from being president. If Biden doesn’t run in November, she may be running in his stead. Every time I look up information on her, all I find is the following: The first female African American to hold the office of vice president That’s her claim to fame, and I take issue with that claim. Also, what is she? Her mother, Kamil, is from India, which makes her Asian; her father, Donald, is, get this, Afro-Jamaican with Irish ancestry. I will assume she is a woman. Why isn’t she the first Irish-Jamaican-Asian? You list the adjective first: I’m Italian American. An American by birth, a Native American is what I am. Granted, she was born in Oakland, California, apparently of many different ancestors. Why does Africa come first? She’s barely African; has she been there? I’ve been to Italy many times. I don’t play it up; it’s obvious I’m Italian. My wife’s DNA states she is 2% Polynesian; she can’t relate to that; she’s Ukrainian and Slovak. Would my wife be Polish or Polynesian? My DNA says I’m 20% Greek. Southern Italians and Greeks have been screwing around with each other for a long time. Africa is just 30 miles from Sicily. I have black cousins! Are we Afro-Italianos? Everyone here is from elsewhere. The party plays the female race ticket; just give them a minority, and they will vote them into office.

The weather in Florida has been 90 degrees everyday for the past two weeks. The good thing about it being so hot, that there is no one in the back seat of you car waiting to attack you.

I could have been tech savvy years ago. I was living in San Mateo, California, near San Jose. I was managing restaurants and my neighbor was working in San Jose. He said to be, “ I got this great sales job and you would be great at it!” I asked what was the job, he replied, “selling chips.” Now I’m thinking chips that was a great job back in New York, if you can get a chip route it paid good money. So I ask, “Lays or Pringles?” He explained micro chips was the latest invention for computers. This was 1988, Silicon Valley was yet to be established. I miss the boat and I never ate potato chips again.

I heard the great news from Gustan that Viral Website Developers will be launching a CRM for real estate agents and loan officers in one platform.. That is great news for realtors who are loan officers because we do not have to go back and forth between two CRM systems. Gloria and I are looking forward to seeing the newly designed one stop shop online loan officer and real estate CRM designed from Viral Website Developers.

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

Former President of NEXA Mortgage Mat Grella tells his side of the reason why he and his partner CEO Mike Kortas dissolved their partnership being partners of the largest mortgage brokerage in the United States. Tens of thousands of mortgage professionals were in pins and needles daily for breaking news about the real reason why the two mortgage legends terminated their once rock solid bond in running the mortgage brokerage giant.

https://www.nationalmortgagenews.com/list/nexa-mortgage-ceo-talks-breakup-with-co-owner

nationalmortgagenews.com

NEXA Mortgage CEO talks breakup with co-owner, plans for the future

In the midst of a separation between Mike Kortas and Mat Grella, the company's CEO sets course to double headcount.

Can you please recommend how to qualify for a mobile home. I am working on my rebuilding my credit. Eric from FHA Bad Credit Lenders recommended Felix and I tried calling him today.

Kamala Harris made history becoming not just the first woman Vice President of the United States but also the first black woman Vice President. Kamala Harris made the list of becoming the first woman to become the second most powerful person in the World. The first woman who slept her way to become District Attorney in California, the first woman to blow the married San Francisco Mayor to move up the ranks, tye first woman to be married to a Jew to become Vice President, the first most disliked and hated woman to become VP, the first woman who inhaled pot to become the first woman Vice President, and the first woman with a single digit IQ to become the first woman Vice President of the United States

• This discussion was modified 1 year ago by  Richard.

In residential mortgage lending, what do they mean that a mortgage loan does not pass high-cost? What is a high-cost mortgage loan.