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Your Trusted Mortgage Partner in Oakbrook Terrace, IL
Gustan Cho is a nationally recognized mortgage advisory firm licensed in 48 states, including Washington DC, Puerto Rico, and the U.S. Virgin Islands. Our expertise lies in providing tailored mortgage solutions for diverse client needs, from first-time homebuyers to commercial property investors. With partnerships spanning over 190 wholesale lenders, we specialize in government-backed loans (FHA, VA, USDA) and non-QM alternatives, particularly for borrowers denied by traditional lenders due to credit challenges or lender overlays.Our team prioritizes transparency, efficiency, and accessibility, offering 7-day-a-week support and innovative tools like FICO simulators and automated underwriting approvals. We maintain a strong reputation for navigating complex scenarios, including Chapter 13 bankruptcy cases, low credit scores, and no-documentation requirements, ensuring homeownership remains achievable for all.
Services
FHA Loans
VA Loans
USDA Loans
Conventional Loans
Jumbo Loans
Non-QM Loans
Business Loans
Commercial Loans
Consumer Loans
Reverse Mortgages
Highlights and features
- Licensed in 48 states with access to 190+ wholesale lenders
- Specialize in no-overlay government and conventional loans
- Expertise in non-QM loans for borrowers with credit challenges
- 80% of clients qualify after being denied by other lenders
- Available 7 days a week for personalized support
What people say
Extremely pleased with service
Efficient 2-month closing process
Fantastic to work with
Transparent throughout
Highly recommend for VA loans
Services
FHA Loans
FHA loans provide accessible homeownership opportunities for first-time buyers and those with lower credit scores. Insured by the Federal Housing Administration, these loans require minimal down payments and flexible qualification criteria. Our team specializes in manual underwriting and FHA loans for borrowers with tax liens, charged-off accounts, or bankruptcy histories.
VA Loans
VA loans offer zero-down financing for eligible veterans and service members. We specialize in VA manual underwriting and low-FICO approvals, helping military families achieve homeownership. Our process accommodates unique scenarios like Chapter 13 bankruptcy and non-traditional income documentation while maintaining strict compliance with VA guidelines.
Non-QM Loans
Non-QM loans serve borrowers with non-traditional income sources or credit challenges. Our portfolio includes bank statement loans, asset-depletion mortgages, and DSCR loans for investment properties. These programs cater to self-employed individuals, foreign nationals, and applicants with complex financial profiles that don't meet conventional lending standards.
Conventional Loans
Conventional loans finance primary residences, second homes, and investment properties. We offer W-2 income-only mortgages, post-foreclosure financing, and options for borrowers with credit scores below 620. Our no-overlay approach ensures compliance with Fannie Mae and Freddie Mac guidelines while maximizing approval chances for borderline cases.
Commercial Loans
Commercial loans finance office buildings, retail centers, and industrial properties. Our solutions include SBA loans, equipment financing, and bridge loans for business owners. We work with lenders who prioritize relationship-based underwriting over rigid automated systems, accommodating unique business financial profiles.
People
Gustan Cho
Licensed Mortgage Advisor
Mortgage industry veteran with NMLS #873293, specializing in complex loan scenarios. Leads a team that secures financing for 80% of clients rejected by traditional lenders. Focuses on FHA, VA, and non-QM loan programs.
Dino Hasapis
Licensed Real Estate Broker
Licensed real estate broker and Director of Preferred Realtor Partner Network. Coordinates mortgage-real estate professional collaborations to streamline home purchase transactions for clients across multiple states.
Questions
What mortgage options exist for borrowers with bad credit?
We offer FHA loans down to 500 FICO, VA loans for veterans with low scores, and non-QM programs accepting credit scores below 620 through alternative underwriting methods.
Can I get a mortgage after Chapter 13 bankruptcy?
Yes, we specialize in FHA and VA loans for borrowers undergoing or recently discharged from Chapter 13 bankruptcy, with specific programs requiring trustee approval and seasoning periods.
Do you offer jumbo loans without income documentation?
Our non-QM jumbo loan programs accept bank statement documentation, asset depletion, or DSCR verification instead of traditional W-2 income verification for high-value properties.
How do your no-overlay conventional loans differ from standard ones?
Our no-overlay conventional loans follow FHFA guidelines without additional lender restrictions, allowing higher debt-to-income ratios, lower credit scores, and more flexible appraisal requirements than typical banks.
What support exists for first-time homebuyers?
We provide FHA loans with 3.5% down, down payment assistance programs, and manual underwriting options for borrowers with limited credit history or alternative credit documentation.
Can self-employed individuals qualify for mortgages?
Yes, our bank statement loans and asset depletion programs allow self-employed borrowers to qualify using business account statements or liquid assets instead of traditional tax returns.
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