Guild Mortgage blogs
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 with lower credit scores and those with less down payment [...]
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 to a few years ago. If you’re among the three [...]
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 FHA loan might be the right solution for you. Backed [...]
When should I use my home equity?
When should I use my home equity? Your home has probably done a lot for you over the years. It’s where you’ve made memories, celebrated milestones, and planted roots. But as values rise, many homeowners [...]
Is a 2-1 buydown worth it? Pros and cons explained
Is a 2-1 buydown worth it? Pros and cons explained A 2-1 buydown, also known as a 2-year temporary buydown, provides breathing room for aspiring homeowners to get started on building equity. Learn how it [...]
What makes a buyer’s market?
What makes a buyer's market? If you’re looking to buy a home, you may be wondering when to jump in. Depending on where in the country you’re shopping, a buyer’s market could be a great [...]
What are Conforming and non-Conforming loans?
What are Conforming and non-Conforming loans? When you’re shopping for a home, you’ll quickly discover just how many different mortgage loan options are out there, and they generally fall into a few main categories: government, [...]
What are mortgage discount points?
What are mortgage discount points? A guide to saving on your rate If you're looking to buy a home right now, you probably know that even a small change in your mortgage rate [...]
How do I buy an investment property?
How do I buy an investment property? Whether you’re looking to generate passive income or diversify your investment portfolio, an investment home can be a lucrative purchase, albeit one with the higher barrier to entry [...]
What are Non-QM mortgages?
Non-QM loans: a flexible path to homeownership Non-QM mortgages are flexible loan options designed for people who don’t fit the standard income or credit mold–and it may be the key that finally gets you into [...]