Guild Mortgage overview
Guild Mortgage is a web based and brick-and-mortar lender that was established in 1960. It now has 4,000 staff working from greater than 220 branches in 30 states and says it is one of many fastest-growing mortgage firms within the nation.
Guild Mortgage gives a variety of residential mortgage merchandise. Its mortgage professionals are dedicated to delivering personalised service and shutting on time. By way of its MyMortgage digital mortgage, and its native in-house processing, underwriting and funding, Guild Mortgage brings the very best of expertise and other people experience to the mortgage expertise, based on the lender’s web site.
- Renovation loans
- Price-and-term refinancing
- Money-out refinancing
- Reverse mortgages
Guild Mortgage lender charges range by mortgage sort. The lender usually doesn’t cost origination charges.
Minimal borrower necessities
Guild Mortgage adheres to the conforming mortgage necessities for mortgages permitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, in addition to these backed by the Federal Housing Administration (FHA) and the Division of Veterans Affairs (VA).
For standard loans, key necessities embrace good credit score (usually a FICO rating of 620 or larger). Relying on the mortgage, a minimal down fee of three % is required.
Authorities necessities for FHA and VA loans are detailed right here:
Different mortgage lender evaluations: