Guild Mortgage blogs
Is a 20% down payment needed to purchase a home?
Is a 20% down payment needed to purchase a home? If you’re in the market for a home you’ve likely heard that you need to save twenty percent for a down payment before you can [...]
How much income do I need to buy a home?
How much income do I need to buy a home? “While the mortgage loan is secured against the house, it is really made against your income,” advises online real estate company Zillow.1 That’s why examining [...]
Getting a mortgage with a high-debt-to-income ratio
Getting a mortgage with a high-debt-to-income ratio Are you considering buying a home but aren’t sure if it’s possible with your student loan, car payment or other debts? Getting a mortgage with existing debt or [...]
Mortgage lending options: How much mortgage can I afford?
Mortgage lending options: How much mortgage can I afford? Are you aspiring to own a home within your budget and wondering "how much mortgage can I afford?" Don’t worry; there is a right loan [...]
Buying a home with no down payment: Is it right for you?
Buying a home with no down payment: Is it right for you? While some financial experts recommend a down payment of up to twenty percent, whether you can afford a home is not only [...]
The advantages of buying a home with a USDA loan
The advantages of buying a home with a USDA loan A USDA loan is a mortgage loan backed by the U.S. Department of Agriculture (USDA). The USDA loan program is also known as the [...]
Jumbo mortgage loans: Common questions
Jumbo mortgage loans: Common questions Do you live in an area with high housing costs, or are you in the market for a luxury home? When you finance an expensive property, Jumbo mortgage loans [...]
Mortgage related words: Know the lingo
Mortgage related words: Know the lingo As your guide through one of life’s most important purchases, we’re committed to keeping communication open and understandable. You’ll see and hear a lot of new mortgage [...]
How your home’s location affects your loan
How your home’s location affects your loan Are you having trouble finding a home? The location you choose may affect more than you think. If you prioritize what’s most important to you, and avoid [...]
ARM vs. fixed rate mortgages: What’s the difference?
ARM vs. fixed rate mortgages: What’s the difference? Have you done your homework on choosing the best mortgage for your situation, but still aren’t sure on the difference between an ARM and a fixed-rate [...]