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Guild Mortgage Announces 2019 Academic Collegiate Scholarship Program Recipients

Leading Independent Mortgage Lender Provides Financial Assistance to 10 College Students in Eight States Through its Guild Giving Foundation

SAN DIEGOGuild Mortgage, one of the largest and most experienced independent mortgage lenders in the U.S., has awarded 10 academic collegiate scholarships to students pursuing continuing education.

Now in its third year, the Guild Giving Scholarship Program provides financial assistance to qualified members of the community, as well as Guild Mortgage employees and their dependents. Winners are awarded $1,500 to be applied to accredited colleges, community colleges, trade schools, and undergraduate and graduate degree programs in any field of study.

The 2019 recipients are: Kai Broach, Western Washington University; Sebastian Castillo Cario, UCLA; Bailie Gowans, Brigham Young University-Idaho; Natasha Holland, University of Oregon; Madilyn Kusch, Texas Tech University; Grace Anne Martin, Liberty University (Va.); Dani McCartney, Pima Community College (Ariz.); Katharine Rucker, UCLA; Courtney Scott, Montana State University; and Miguel Velazquez, University of California San Diego.

“Giving back and supporting our local communities is part of our culture at Guild,” said Mary Ann McGarry, president and CEO. “We’re pleased to see the Guild Giving Scholarship program continue to grow with an increasing number of applicants in 2019 and honored to help support the continuing education of these 10 bright individuals.”

The scholarships are awarded through the Guild Giving Foundation, a nonprofit organization established to help deliver on Guild’s commitment to strengthening communities and building relationships across the country. In addition to supporting dozens of local and national charities through direct donations and company-backed volunteer time, the Guild Giving Foundation offers employees a dollar-for-dollar donation match, up to a maximum of $250 per year.

To be eligible, applicants must be a United States citizen or national, have a minimum grade point average (GPA) of 2.5 and meet one of the following criteria: be enrolled full-time in a U.S. high school, have graduated from a U.S. high school or have obtained a U.S. GED at the time of application; or be enrolled full-time as a college student at the undergraduate level with a minimum GPA of 2.5 at the time of application. Applicants must also live within geographic reference to a Guild Mortgage branch or office in their city, state or county.

Students must submit a student essay, statement of career objectives, letter of reference and their official high school or college transcripts as part of the application process.

Recipients are selected by a third-party law firm that specializes in assisting 501(c)(3) charities and foundations in navigating scholarship grant creation and maintenance programs. Payment is made to the recipient’s school of choice upon notification and in accordance with the school’s scholarship guidelines. Scholarships may be a one-time award or be renewed each year through an endowment.

A top-10 national lender by purchase loan volume, Guild specializes in developing unique pilot programs and niche products to help deliver the promise of home in every neighborhood and community it serves. Its loan professionals can serve the needs of any homebuyer, from helping first-time buyers achieve homeownership, often through government loan programs, to homebuyers looking to upgrade with a jumbo loan. Guild also specializes in helping active duty and retired military personnel to secure VA loans, with 100 percent financing and flexible qualifying standards. The company is consistently recognized for its impact in the communities it serves, commitment to customer service, strength in regulatory compliance and workplace culture.

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About the Author: Guild Mortgage

Founded in 1960 when the modern U.S. mortgage industry was just forming, Guild Mortgage Company is a nationally recognized independent mortgage lender providing residential mortgage products and local in-house origination and servicing. Guild’s collaborative culture and commitment to diversity and inclusion enable it to deliver a personalized experience for each customer. With more than 4,000 employees and over 250 retail branches, Guild has relationships with credit unions, community banks, and other financial institutions and services loans in 49 states and the District of Columbia. Guild’s highly trained loan professionals are experienced in government-sponsored programs such as FHA, VA, USDA, down payment assistance programs and other specialized loan programs. Guild Mortgage Company is a wholly owned subsidiary of Guild Holdings Company, whose shares of Class A common stock trade on the New York Stock Exchange under the symbol GHLD.