Guild Mortgage blogs
Types of houses: A complete overview
Types of home structures and architecture styles In today’s competitive housing market, once you’ve found a home to buy, you need to move quickly to make an offer. Available homes are going fast, with more [...]
What do mortgage lenders look for on bank statements?
What do mortgage lenders look for on bank statements? When applying for a mortgage, you’ll be asked to provide documentation proving employment, bank accounts, property information, tax returns and proof of supplemental income. Bank [...]
Can you get pre-approved for a mortgage online?
Can you get pre-approved for a mortgage online? From clothing to cars, you can shop for almost anything without leaving the comfort of your living room. You can also go beyond researching properties online [...]
What affects your mortgage application?
What affects your mortgage application? Have you taken an exciting step towards homeownership by filling out an application for a home loan? When your mortgage application and documentation go to underwriting, the underwriter [...]
What is a pre-approval letter?
What's a pre-approval? Also known as a commitment to lend, a pre-approval is our promise to give you a loan based on certain terms and conditions. From pre-qualification to closing, we’re here to help [...]
What is a deed to a home?
What is a deed to a home? Also known as a property deed, house deed or warranty deed, the deed to a home is the legal document that conveys ownership of real estate from [...]
What happens if you inherit a home with a mortgage?
What happens if you inherit a home with a mortgage? Inheriting a home from a loved one can be a wonderful gift, but it can impact your financial situation if there’s a mortgage [...]
When is it worth it to refinance a mortgage?
When is it worth it to refinance a mortgage? Wondering when to refinance a mortgage? As a homeowner, there are specific times when refinancing may benefit you—such as when interest rates have fallen, if [...]
How to: Selling and buying a home at the same time
How to: Selling and buying a home at the same time Do you own a home but are looking to relocate to a new town, find a bigger place or retire and downsize? [...]
What’s underwriting in the mortgage process?
What's underwriting in the mortgage process? "Clear to close" may be the most popular three words of the homebuying journey. That's what you're waiting to hear after you submit your mortgage loan application. "Clear to [...]