Guild Mortgage blogs
How to buy a house in another state
How to buy a home in another state A lot has changed recently about where we live and work. With the rise of telecommuting, a need for more space at home and the help of [...]
How many times your credit is checked for a mortgage application
Understanding how many times your credit is checked for a mortgage application Learn more about credit checks before starting your home search, so you know what to expect during the buying process. Here’s [...]
What is warranty of title?
Warranty of title When buying a home, you may encounter mortgage and real estate terms that are unfamiliar. Warranty of title is a valuable term that’s helpful to understand because it’s related to protecting your [...]
What happens when you pay off your mortgage
What happens when you pay off your mortgage? Are you getting close to paying off your mortgage? Congratulations, what a significant achievement in the life of a homeowner! If you have questions about what [...]
Explained: The term escrow has multiple meanings
The term escrow has multiple meanings Have you ever driven by a home for sale in your neighborhood and noticed the realtor’s sign changed from “sale pending” to “in escrow?” This new sign indicates that [...]
Buying a house as a doctor
Buying a home as a doctor Doctors make a difference in the lives of their patients every day. They also enjoy the benefits of job security and the potential to earn higher wages than other [...]
Guide to buying a house as an unmarried couple
Buying a home as an unmarried couple Do low interest rates have you wondering if now is the right time to buy? From building home equity to the predictability of a fixed-rate mortgage payment, buying [...]
What is Proof of Funds?
What’s a Proof of Funds letter? Have you been asked to provide Proof of Funds but aren’t sure what funds qualify or where to get a Proof of Funds letter? To guide first-time homebuyers through [...]
What is appraisal contingency?
What’s an appraisal contingency? Contingencies are common when buying a home. They just mean that certain conditions must be met by either the buyer or the seller before the sale can close. Contingencies offer [...]
What does approved with conditions mean?
Approved with conditions After mortgage pre-approval and contract acceptance, your loan is submitted to processing and underwriting. Before you get final approval, your loan will likely be approved with conditions. Once you satisfy the [...]