Mortgage pre-approval: a guide for first-time homebuyers
Mortgage pre-approval: a guide for first-time homebuyers Buying your first home comes with plenty of new terms, and two you’ll probably hear early on [...]
HELOC vs. Home Equity Loan vs. Cash-Out Refinance: Which is Right for You?
HELOC vs. Home Equity Loan vs. Cash-Out Refinance: Which Is Right for You? If you've owned your home for a while, you've likely built equity [...]
How much house can I afford based on my income? | Guild Mortgage
How much house can I afford based on my income? Your income is an important part of mortgage affordability, but it is not the [...]
How to calculate your refinance break-even point
How to calculate your refinance break-even point A lower mortgage rate or monthly payment can make refinancing sound like an easy decision. But before you [...]
What happens after paying off your mortgage? | Guild Mortgage
What happens after paying off your mortgage? Paying off your mortgage is a major financial milestone. Whether you've reached the [...]
Self-Employment Income: How Is It Calculated? | Guild Mortgage
How Is Self-Employment Income Calculated for a Mortgage? Mortgage lenders generally calculate self-employment income by reviewing tax returns and other [...]
How to qualify for a rate buydown as a first-time homebuyer
How to qualify for a rate buydown as a first-time homebuyer As a first-time homebuyer, a temporary rate buydown can make your first few years [...]
Am I eligible for an FHA Loan? A complete checklist
Am I eligible for an FHA Loan? A complete checklist The Federal Housing Administration (FHA) loan program is a popular option for first-time homebuyers, those [...]
What are draw and repayment periods for HELOCs and HELOANs?
What are draw and repayment periods for HELOCs* and HELOANs? Nearly 30% of homeowners are considering tapping into their home equity, a notable increase compared [...]
What credit score do you need for an FHA loan?
What credit score do you need for an FHA loan? If you're thinking about buying a home but you’re worried about credit score requirements, an [...]