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Mortgage Brokers
Gustan Cho Associates, empower by NEXA Mortgage LLC NMLS 1660690 is a national mortgage company licensed multiple states known offering countless of Mortgage Options for owner occupied hones, second homes, commercial loans and investment properties. Gustan Cho and his team of licensed mortgage loan originators, processors, and underwriters are licensed to originate, process, and underwrite, and fund FHA, VA, USDA, Jumbo, conventional, and non-QM loans.
Gustan Cho Associates are mortgage brokers licensed in multiple states. . Gustan Cho Associates specialize in originating mortgage loans with no investor overlays. Minimum credit scores for a 3.5% down payment home purchase mortgage loan is 580 FICO. FHA loans under 580 and down to 500 FICO with 10% down payment. No investor overlays. As long as the mortgage loan applicant gets an automated underwriting system, AUS, automated approval, Gustan Cho Associates will just go off the automated findings with no overlays. This is not just with FHA Loans, but also with VA, USDA, and Conventional Loans.
FHA Loans With No Investor Overlays
As long as you get an approve/eligible per DU FINDINGS or LP FINDINGS, you are approved as lon If you are seeking a home loan with bad credit, you have come to the right place. Close to 75% of all mortgage loan borrowers Gustan Cho Associates represents are those who have been told they do not qualify due to investor overlays. Investor Overlays are mortgage lending guidelines that are in additon to minimum federal mortgage lending guidelines set by HUD, Fannie Mae, and Freddie Mac.
VA Loans With No Mortgage Lending Overlays
Gustan Cho Associates are experts in VA Loans, VA streamline refinance mortgage loans, and VA high balance mortgage loans. No minimum credit score requirements on VA loans. All VA Loan programs are with no mortgage lending overlays. No down payment is required and closing costs can be covered by lender credit.
USDA Loans
Gustan Cho Associates can help you get approved on USDA Loans where no down payment is required and closing costs can be covered through lender credit. No mortgage lender overlays on VA Loans.
Conventional Loans With No Mortgage Lender Overlays
Conventional Loans is a big part of Gustan Cho business. Gustan Cho specializes in conventional loans with no mortgage lender overlays. Minimum credit scores on conventional loans is 620 FICO. Recent Fannie Mae Guidelines has changed where you can now qualify for a conventional loan with 3% down payment, no mortgage insurance is required, and no closing costs. Contact us for more details at www.gustancho.com or at 262-716-8151.
FHA 203k Loan Specialist
One of the main areas of concentrations of Gustan Cho and his Associates is origination of FHA 203k Loans. Gustan Cho and his team are FHA 203k Streamline and full FHA 203k Loan Experts. Please contact Gustan Cho at 262-716-8151 7 days a week for a free consultation or visit Gustan Cho Associates at www.gustancho.com.
Reverse Mortgages
Gustan Cho Associates has a team of experts who specialize in Reverse Mortgages. If you are at least 62 years old or older and have equity in your home, you can qualify for a reverse mortgage where you never ever have to pay for a mortgage payment. Please contact us at www.gustancho.com or call at 262-716-8151.
Pre-approvals issued 7 days a week
If you need a fast pre-approval, you can click APPLY NOW anytime and Gustan Cho will get alerted via email. Gustan Cho will contact you to go over your online mortgage application, run credit, run your mortgage application through Fannie Mae or Freddie Mac Automated Underwriting System and will issue you a solid pre-approval. Again, Gustan Cho Associates is a no investor overlays mortgage lender and will just go off the DU FINDINGS or LP FINDINGS. Over 75% of Gustan Cho’s clients are mortgage loan applicants who could not qualify at other lending institutions such as banks, credit unions, and other mortgage companies.
NEXA Mortgage LLC dba Gustan Cho Associates.
Gustan Cho Associates, empower by NEXA Mortgage LLC NMLS 1660690 is a national mortgage company licensed multiple states known offering countless of Mortgage Options for owner occupied hones, second homes, commercial loans and investment properties. Gustan Cho and his team of licensed mortgage loan originators, processors, and underwriters are licensed to originate, process, and underwrite, and fund FHA, VA, USDA, Jumbo, conventional, and non-QM loans.
Gustan Cho Associates are mortgage brokers licensed in multiple states. . Gustan Cho Associates specialize in originating mortgage loans with no investor overlays. Minimum credit scores for a 3.5% down payment home purchase mortgage loan is 580 FICO. FHA loans under 580 and down to 500 FICO with 10% down payment. No investor overlays. As long as the mortgage loan applicant gets an automated underwriting system, AUS, automated approval, Gustan Cho Associates will just go off the automated findings with no overlays. This is not just with FHA Loans, but also with VA, USDA, and Conventional Loans.
FHA Loans With No Investor Overlays
As long as you get an approve/eligible per DU FINDINGS or LP FINDINGS, you are approved as lon If you are seeking a home loan with bad credit, you have come to the right place. Close to 75% of all mortgage loan borrowers Gustan Cho Associates represents are those who have been told they do not qualify due to investor overlays. Investor Overlays are mortgage lending guidelines that are in additon to minimum federal mortgage lending guidelines set by HUD, Fannie Mae, and Freddie Mac.
VA Loans With No Mortgage Lending Overlays
Gustan Cho Associates are experts in VA Loans, VA streamline refinance mortgage loans, and VA high balance mortgage loans. No minimum credit score requirements on VA loans. All VA Loan programs are with no mortgage lending overlays. No down payment is required and closing costs can be covered by lender credit.
USDA Loans
Gustan Cho Associates can help you get approved on USDA Loans where no down payment is required and closing costs can be covered through lender credit. No mortgage lender overlays on VA Loans.
Conventional Loans With No Mortgage Lender Overlays
Conventional Loans is a big part of Gustan Cho business. Gustan Cho specializes in conventional loans with no mortgage lender overlays. Minimum credit scores on conventional loans is 620 FICO. Recent Fannie Mae Guidelines has changed where you can now qualify for a conventional loan with 3% down payment, no mortgage insurance is required, and no closing costs. Contact us for more details at www.gustancho.com or at 262-716-8151.
FHA 203k Loan Specialist
One of the main areas of concentrations of Gustan Cho and his Associates is origination of FHA 203k Loans. Gustan Cho and his team are FHA 203k Streamline and full FHA 203k Loan Experts. Please contact Gustan Cho at 262-716-8151 7 days a week for a free consultation or visit Gustan Cho Associates at www.gustancho.com.
Reverse Mortgages
Gustan Cho Associates has a team of experts who specialize in Reverse Mortgages. If you are at least 62 years old or older and have equity in your home, you can qualify for a reverse mortgage where you never ever have to pay for a mortgage payment. Please contact us at www.gustancho.com or call at 262-716-8151.
Pre-approvals issued 7 days a week
If you need a fast pre-approval, you can click APPLY NOW anytime and Gustan Cho will get alerted via email. Gustan Cho will contact you to go over your online mortgage application, run credit, run your mortgage application through Fannie Mae or Freddie Mac Automated Underwriting System and will issue you a solid pre-approval. Again, Gustan Cho Associates is a no investor overlays mortgage lender and will just go off the DU FINDINGS or LP FINDINGS. Over 75% of Gustan Cho’s clients are mortgage loan applicants who could not qualify at other lending institutions such as banks, credit unions, and other mortgage companies.
NEXA Mortgage LLC dba Gustan Cho Associates.
Overview
Location
United States, Illinois, Oakbrook Terrace
Employees
201-500
Phone
+1 262-716-8151
Mentions in press and media 2
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jan 18, 2021 | Mortgage underwriting challenges in the pandemic | In December, AmTrust Title Insurance Company announced the hiring of seasoned underwriter Mary Shelley as its midwest region agency underwriter. We took the opportunity to talk to Shelley, who has 35 years experience in the field, about the... |
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FAQ about Gustan Cho Associates
What has the press written about Gustan Cho Associates?
Parsers VC has collected 2 articles mentioning Gustan Cho Associates, among them “Mortgage underwriting challenges in the pandemic” (Jan 18, 2021).
Is Gustan Cho Associates still active?
Yes, Gustan Cho Associates is active; its latest activity on Parsers VC dates from Feb 4, 2021.