Guild Mortgage blogs
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 [...]
What is a down payment?
What is a down payment? A down payment on a house is a portion of your home purchase price that you pay up front. If you take out a mortgage loan, you’ll typically pay your [...]