Guild Mortgage blogs
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 manufactured, modular and mobile home?
What’s the difference between a manufactured, modular and mobile home? What comes to mind when you picture a new home being built? Do you envision a wooden frame on a foundation at a construction site? [...]
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 [...]
Top 5 FAQs regarding equity in a home
Top 5 FAQs regarding equity in a home Are you a renter weighing the rent-vs-buy decision? Renting has its advantages. For example, renters have less responsibility for maintenance and repairs and can pick up [...]
5 tax benefits of buying a home
5 tax benefits of buying a home The tax benefits of buying a home are one of the many advantages of homeownership vs. renting. Tax breaks for first-time homebuyers are either deductions or credits. [...]
Mortgage help programs and assistance
Mortgage help programs and assistance We recognize that, while COVID-19 has impacted all our daily lives and habits, it may have far-reaching consequences in many areas affecting your mortgage and finances. Guild is here [...]
How Guild is creating a new norm with eClosings and Digital Mortgages
How Guild is creating a new norm with eClosings and Digital Mortgages Today, almost every step required to purchase a home can be completed online. Many homebuyers start their home search virtually, while [...]
Refinancing your home: the benefits, pros and cons
Refinancing your home: the benefits, pros and cons Even if your current home loan payments are affordable, there are many reasons to choose to refinance. Whether you need cash to pay essential expenses or would [...]