In this blog, we will cover and discuss the non-QM mortgage requirements on owner-occupant, second homes, and investment properties. We will go into why non-QM loans are becoming increasingly popular and the non-QM mortgage requirements. Non-QM loans are not hard money loans or mortgages for just bad credit mortgage borrowers. Many borrowers with great credit…
In this blog, we will cover what non-QM mortgage loans are. Many homebuyers and real estate investors have heard of non-QM mortgage loans. However, a large number of homebuyers and real estate investors assume non-QM mortgage loans are non-prime loans or hard money loans with high mortgage rates. This is not true. Apply Now Why…
In this blog, we will cover and discuss the self-employed mortgage guidelines on both traditional and non-QM loans. Self-employed mortgage guidelines depend on the various loan programs. If you’re self-employed and reading this blog, you have more than likely run into trouble while attempting to get a mortgage. Self-employed mortgage guidelines on non-QM loans do…
Is buying a house with bad credit possible or do I need to wait until I have re-established my credit? 2022 is almost over and 2023 is right around the corner. Many homebuyers feel they will not qualify for a mortgage with bad credit. This may be true, however, everyone with a mindset and goal…
In this blog, we will discuss and cover mortgage loan programs for homebuyers and homeowners. Gustan Cho Associates, Powered by NEXA Mortgage, LLC, is licensed in 48 states with relationships of over 160 wholes sales. We have wholesale lenders with no mortgage overlays on government and conventional loans. Besides FHA, VA, USDA, and Conventional loans,…
NON-QM mortgage lending has come back in full swing. As agencies are tightening their guidelines, we are seeing more and more NON-QM loan products come out they can help thousands of Americans obtain a mortgage In this blog, we will detail what a NON-QM mortgage loan means, some of the specialty NON-QM programs, and how…