Guild Mortgage blogs
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 [...]
What are closing costs?
What are closing costs? Closing on a new home is the last step in the mortgage loan process. With closing finalized, you’ll be handed the keys to your new home! In addition to your down [...]
Top 3 questions about buying a home with no money down
Top 3 questions about buying a home with no money down Homeownership is possible, even without a down payment. If you’re wondering if buying a home with no money down is right for you, we [...]
How to get pre-approved for a mortgage
How to get pre-approved for a mortgage Home shopping without a solid pre-approval is like taking a test without studying. Pre-approval gives you confidence in your ability to get a home loan before you start [...]
How to buy a condo
How to buy a condo If you’re considering taking advantage of low mortgage rates and becoming a homeowner, deciding what kind of home to buy is one of the first decisions you’ll make. [...]
What is an HOA? A beginner’s guide to homeowners associations
What is an HOA? A beginner's guide to homeowners associations Are you considering buying a home in a community with an HOA? According to HOA-USA, there are more than 350,000 HOAs, representing some 40 million [...]
Your guide to buying a fixer-upper
Your guide to buying a fixer-upper If you’d like a home with a lower purchase price or your budget doesn't allow you to purchase a home in near-perfect condition, you might consider a home [...]
How do home improvement loans work?
How do home improvement loans work? A home improvement loan, or home renovation loan, allows you to buy or refinance a home in almost any condition, make improvements right away and pay over time. You [...]
What’s the difference between a condo and an apartment?
What’s the difference between a condo and an apartment? When deciding whether to buy a condo or rent an apartment, it’s helpful to understand the differences between the two. Renting an apartment provides flexibility to [...]
What is LTV or loan-to-value ratio on a mortgage?
What is LTV or loan-to-value ratio on a mortgage? From ARM to VA, there are dozens of abbreviations related to the mortgage process. Understanding this shorthand terminology is helpful when navigating homebuying. At times it [...]