Loan Officer Profile

Stu Gersh

Americash

3080 Bristol Street Suite 300 Costa Mesa, CA 92626
NMLS ID: 204204
Licensing/Registration information on this individual can be found by clicking the NMLS ID number

About Me

I am Vice President of Residential Lending at Americash and have been in the Mortgage business for over 33 years. I take pride in helping people finance their homes at the best terms possible. I am proud that I am one of the top rated Loan Officers on LendingTree. You can reach me at 714-263-4300.

Recently Answered Questions

Questions See All Answers
Lender is not requiring a PMI payment on less than 20% down
1

Stu's Answer

Sean There are programs available that do not require PMI with a down payment of less than 20% but they usually carry interest rates that are substantially higher than current market rates. There is also a PMI product available called Single Premium PMI. A lender will often pay for this for his borrower but that usually results in a slightly higher interest rate. It would be wrong for a lender to claim that there is no PMI in this instance as the borrower is actually paying for the PMI with a higher rate. It still can be a very attractive way to finance without monthly PMI. Single Premium PMI is disclosed on the Good Faith Estimate on Page 2, Box #3 of the GFE.

Home Equity for college expenses
1

Stu's Answer

Hi Frank. A Home Equity Line of Credit is a specific Home equity Loan. The HELOC usually has an interest only payment for 10 years and then must be amortized to pay it back. A HELOC usually has an adjustable interest rate. A Home Equity Loan can also have a fully amortized payment over 10-15 years with a fixed interest rate. Ask your loan officer to give you the available terms on both and choose the program that suits you best

Ratings & Reviews

  • Loan Officer Review
    from Corona, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Stu Gersh is your go-to guy!

    (1) (0)

    Working with Stu was amazing! He is definitely the go-to guy to get the job done! Prior to refinancing with Stu, I had a government modified loan and was told by several lenders that the type of loan I had could not be refinanced yet. None of them could really explain to me why, they just kept quoting time frames and "excuses" that made no sense. I had an excellent credit score and was ready to give up after nearly 5 months of applying with other big bank lenders. Then...I found Stu through a friend of mine's referral. Stu told me right away that my loan could be refinanced with no problems and he made it happen with no hiccups! He was very upfront, and knew exactly what he was talking about and everything he said would happen, happened exactly as planned. It was a quick process and very streamlined and smooth. His loan processor Tricia was absolutely amazing and such a hard worker. Together, they are the most amazing team you can ask for. I am forever grateful... Read More

  • Loan Officer Review
    from Arcadia, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Repeat customer.

    (1) (0)

    Stu is not only professional and efficient, but also extremely helpful and knowledgeable about the mortgage market in general. We used his services for a refi some years ago and had no hesitation in going directly to him when it came to applying for another refi recently and were not disappointed. We highly recommend him.

  • Loan Officer Review
    from Costa Mesa, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Great Loan Officer

    (1) (0)

    Stu has worked for Americash for over 15 years. one of the top loan officers in the State, if not on the entire LendingTree Network.

  • Loan Officer Review
    from Wylie, TX
    (5 of 5)
    Recommended!
    Reviewed:

    Almost Too Easy

    (1) (0)

    Stu is the consummate professional - courteous, responsive, honest, and extremely helpful. He made the whole process as easy and pleasant as securing a mortgage can be! At one point I thought we must be overlooking something because the whole process was much smoother than I recall any other transactions going. I can honestly say that I wouldn't even consider not using him for our next mortgage... Read More

  • Loan Officer Review
    from Atascadero, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Best Mortgage Broker on Lending Tree

    (1) (0)

    I used Lending Tree because I wanted to compare as many offers as possible. Most of the mortgage brokers were the same—they wanted my business and were very pushy. The brokers even used tactics to generate fear, fear that I would miss out on this great offer if I didn't make a decision today. Stu was the complete opposite of every broker I talked with. He was laid back with his approach, asked me what my goals were with the refinance, and was always available to answer my questions. He even encouraged me to evaluate other offers. He didn't want me to make a decision that I didn't feel good about. Once I choose to work with Stu the refinance process couldn't have gone smoother. We provided our documents to his team and from there it was just a matter of time before the loan was funded. I was so surprised with just how easy and trouble-free the process was. I would recommend Stu over any other broker on Lending tree. If you go with Stu he is going do exactly what he says and you can TRUST him. Thanks, Stu!... Read More

  • Loan Officer Review
    from Whittier, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Professional and Helpful

    (1) (0)

    As a first time home buyer, I was very green on all aspects of the process. Stu helped walk me through not only the loan application process, but was also very helpful on what to expect at every step of the entire home purchasing process. From escrow, inspection, appraisal, he was very informative and knowledgeable. He took my many calls and patiently walked me through everything. I often leaned on Stu when I felt my agent was not being forthright or clear. Highly recommend Stu. ... Read More

  • Loan Officer Review
    from Murrieta, CA
    (5 of 5)
    Reviewed:

    Best in the Business

    (1) (0)

    I've purchased over 10 homes over the past 25 years and I have never had a better experience than working with Stu Gersh and his Team. 1. Excellence in Customer Service in every phase of the Refinance. 2. Competitive rates that beat most other in the industry. 3. No cost Loan which I was shopping; 15 year refinance. 4. Stu answers his phone every time you call; personal and responsive. 5. Any issues are addressed and resolved immediately. 6. Closed my loan in 25 days.....no hassle forms and required documentation....very smooth transaction! 7. True professional, USC grad with professionalism that is hard to find these days. 8. I have recommended Stu to many, all have had the same professional experience. I will never go to anyone else for my mortgage needs. Stu UR Daman... Read More

  • Loan Officer Review
    from San Clemente, CA
    (5 of 5)
    Recommended!
    Reviewed:

    STU IS THE MAN

    (1) (0)

    If you are looking for a loan, Stu is the man! He is a true professional and very informative throughout the entire process. Couldn't be happier with his services.

  • Loan Officer Review
    from Redondo Beach, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Great Job Stu!

    (1) (0)

    Stu got the job done on my difficult refi of an investment property. When the job got difficult, Stu stuck with it and walked me through the process. My loan closed within a few days of the expected close & I am very pleased with his team. Thanks!

  • Loan Officer Review
    from Ripon, CA
    (5 of 5)
    Recommended!
    Reviewed:

    Stu at Americash is Awesome!

    (1) (0)

    Always professional and gets the job done. I have done at least 4 loans with Stu over the past several years. Always an awesome experience.

I am Vice President of Residential Lending at Americash and have been in the Mortgage business for over 33 years. I take pride in helping people finance their homes at the best terms possible. I am proud that I am one of the top rated Loan Officers on LendingTree. You can reach me at 714-263-4300.