Guild Mortgage blogs
What is a good debt-to-income ratio for a mortgage?
What is a good debt-to-income ratio for a mortgage? If you’re taking the plunge and diving into homeownership, you may wonder what factors mortgage companies use to determine how much you’ll be able to afford. [...]
Do lenders charge to run your credit report?
Do lenders charge to run your credit report? Yes, here’s why. When you apply for a mortgage, your lender will check your credit to assess your financial history and determine loan eligibility. But does it [...]
Your guide to buying a beach home: pros, cons and tips
Your guide to buying a beach home: pros, cons and tips Owning a beach home sounds like the ultimate dream—waking up to the sound of waves, stepping onto your balcony with a fresh cup of [...]
6 ways family members can help you get a mortgage
6 ways family members can help you get a mortgage Can you borrow money to buy a house? Absolutely. Many mortgage lenders accept multiple forms of assistance to finance your purchase. For first-time buyers, this [...]
Is it still a good time to buy a house?
Is it still a good time to buy a house? Whether it's a good time to buy a house depends on your circumstances and financial readiness. Consider your job security, down payment savings, credit score [...]
Should you take a second look at that fixer-upper?
Should you take a second look at that fixer-upper? Buying a fixer-upper home that needs repairs could make homeownership more affordable, and there’s even renovation loans available to help with that too, but it’s important [...]
Conventional loans versus FHA loans
Conventional versus FHA loans—find out the difference When comparing an FHA loan vs. a Conventional loan: which is better? FHA loans are designed for homebuyers with lower credit scores and smaller down payments, requiring monthly [...]
6 obstacles to homeownership—and how to overcome them
6 obstacles to homeownership—and how to overcome them Americans still want to buy a house, but over three-fourths say they’ve encountered obstacles.* A higher cost of living, saving for a down payment, insufficient income and [...]
Should you put your home in a trust?
Should you put your home in a trust? Why put your home in a trust? Placing your home in a trust can make things easier for your loved ones if you pass away. When your [...]
New build or existing home? Weighing the pros and cons
New build or existing home? Weighing the pros and cons Choosing between buying a new construction home and an existing home can depend on what you're looking for. Newly built, custom homes offer modern designs, [...]