Loan Options

Fixed Rate Mortgage

A mortgage in which the interest rate is fixed for the term of the loan. Terms include 30, 20, 15 or 10 years.

Adjustable Rate Mortgage (ARM)

A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin.

Hybrid Adjustable Rate Mortgage

A mortgage in which the interest rate is fixed for a predetermined period of time, like three, five, seven or 10 years. After the predetermined period of time, the loan converts to an adjustable rate mortgage (ARM) for the remaining term of the loan.

Conventional Loan

Conventional loans are not insured by any government program, and they are the most common type of mortgage. Conforming conventional loans follow the loan amount guidelines set by Fannie Mae and Freddie Mac. Nonconforming loans don’t meet those guidelines, but are still considered conventional. Conventional loans often have higher down payment requirements than government-sponsored loans like FHA and USDA.

FHA Loan

A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are limits to the size of FHA loans, they are generous enough to handle moderately-priced homes almost anywhere in the country. FHA loans offer a low down payment and more flexibility than many other types of financing.

USDA Rural Home Loan

Loans guaranteed by the USDA remain one of the few nationally offered loan programs available with no down payment. The program’s requirements mandate that both the property and borrower must qualify. These requirements are dependent on the physical location of the property and the maximum household income.

VA Loan

Mortgage loans available to eligible US veterans. VA guaranteed loans are made by private lenders, such as banks or mortgage companies, for the purchase of a home for a buyer’s own personal occupancy. These loans offer competitive rates and require little or no down payment.

Special Loan Programs

All In One Loan

Helps homeowners pay off their mortgage faster than traditional 30-year mortgage without increasing payment or changing spending habits.

FlashTrak

This program allows you to apply in person, online or through the mobile app and close in as little as ten days!

Performance Guarantee

Helps you compete with multiple and cash offers. We issue loan approval prior to submitting an offer on a home and guarantee your earnest money up to $10,000!

Which one of these describes you best?

With hundreds of types of home loans to choose from, we can help you tailor a borrowing strategy that works best for your family and lifestyle.
 
Whether you’re a first-time homebuyer, military family or rural homebuyer, Guild has mortgage services and several types of home loans to fit your needs.
 
Choose from the following loan products, mortgage types and services to learn more about Guild’s variety of great options.
I want predictable monthly payments
Fixed Rate Mortgage

A mortgage in which the interest rate is fixed for the term of the loan. Terms include 30, 20, 15 or 10 years.

I’m okay with rates changing in the future
Adjustable Rate Mortgage (ARM)

A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin.

I want a lower rate now and can handle change later
Hybrid Adjustable Rate Mortgage

A mortgage in which the interest rate is fixed for a predetermined period of time, like three, five, seven or 10 years. After the predetermined period of time, the loan converts to an adjustable rate mortgage (ARM) for the remaining term of the loan.

I have a solid credit profile
Conventional Loan

Conventional loans are not insured by any government program, and they are the most common type of mortgage. Conforming conventional loans follow the loan amount guidelines set by Fannie Mae and Freddie Mac. Nonconforming loans don’t meet those guidelines, but are still considered conventional. Conventional loans often have higher down payment requirements than government-sponsored loans like FHA and USDA.

I want to keep my payment low
FHA Loan

A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are limits to the size of FHA loans, they are generous enough to handle moderately-priced homes almost anywhere in the country. FHA loans offer a low down payment and more flexibility than many other types of financing.

I want rural home information
USDA Rural Home Loan

Loans guaranteed by the USDA remain one of the few nationally offered loan programs available with no down payment. The program’s requirements mandate that both the property and borrower must qualify. These requirements are dependent on the physical location of the property and the maximum household income.

Show me options for VETS and military
VA Loan

Mortgage loans available to eligible US veterans. VA guaranteed loans are made by private lenders, such as banks or mortgage companies, for the purchase of a home for a buyer’s own personal occupancy. These loans offer competitive rates and require little or no down payment.

Special Loan Programs

Buy a home with Zero Down payment
Zero down options

Yes, it’s possible to buy a home with Zero Down payment. For those without the savings for a down payment, Guild offers a Zero Down program. It combines an FHA mortgage with a second mortgage to cover down payment and closing costs. You could potentially buy now, with little to nothing out of pocket.

Our Zero Down program is for: First-time or repeat homebuyers Credit score pf 600 or higher Primary home purchases

The Zero Down program is not affiliated with HUD. This program pairs a second mortgage for the down payment and/or closing cost with a standard FHA-insured first mortgage. Second lien can be 3.5% or 5% of the purchase price. FHA standard loan limits apply

*Guild Mortgage is not licensed in the state of New York. **Borrower must meet program eligibility and qualify based on the note rate of the program. Seller participation may be required to pay for the buydown costs. Temporary buydown is applied to the first lien only.

All loans are subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deductions.

Start building equity—on us.
1% Down Program

Guild will pay 2% of your down payment* and you only pay 1%, with our 1% Down program. Paired with our Payment Protection Program, our 1% Down program helps you purchase today and pay no lender fees if you refinance when rates drop.** 1% down payment, plus 2% Guild assistance.

Our 1% Down program is for:

  • First-time or repeat homebuyers
  • Credit scores of 620 or higher
  • Low to moderate income
  • Single family primary residences

*Guild Mortgage to cover 2% of the required minimum down payment amount in the form of a non-repayable grant with a maximum grant amount of $5,000. Changes to the loan parameters, including but not limited to the loan amount, owner-occupancy status, loan to value and other factors may render the borrower ineligible for the program. Eligibility is subject to the program guidelines. The grant may only be used for the borrower’s cash investment in accordance with the program guidelines. Must lock rate on or after 1/2/2025. Not available with any other discounts or promotions. Offer cannot be retroactively applied to previously closed loans or loans that have a locked rate.

**For Payment Protection program full terms and conditions, visit www.guildmortgage.com/homebuyer-protection.

All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Awards funds for closing costs plus a The Home Depot® gift card with a 3% down payment.
3-2-1 Home Plus Homebuying Assistance Program

Exclusively for first-time homebuyers on a tight budget, the 3-2-1 Home Plus program pairs $1,250 to $2,500 in closing cost assistance with a $2,000 gift card* to The Home Depot®. Keep your options open and purchase a home in need of minor repairs and use your gift card to customize your new home your way.

You’ll provide a 3% down payment on a Conventional loan, and we’ll give you a $2,000 Gift Card* to The Home Depot® plus $1,250-$2,500 towards closing**.

Our 3-2-1 Home Plus program is for:

  • First-time homebuyers
  • Credit scores of 620 or higher
  • Low to moderate income
  • Single family primary residences, condos, and manufactured homes
You’re making a difference, now it’s our turn. With our zero percent down physician mortgage loan, you can become a homeowner without the wait or mortgage insurance requirement.
Doctor Program

What is a doctor home loan program?

Our doctor or physician mortgage loan is specifically designed for medical doctors and doesn’t have a down payment requirement. Other loan options may require borrowers to provide a minimum down payment or pay for private mortgage insurance with a down payment below 20 percent – but not our home loan for physicians.

Why you should choose a physician mortgage loan

Our Doctor program opens the door to opportunities for doctors early in their careers. With flexible credit and no mortgage insurance requirements, fixed- and adjustable-rate options, and loan amounts up to $2.5 million, we make homeownership accessible for borrowers with student loan debt.

Program details:

  • Loan amounts up to $2.5M
  • Credit scores as low as 680
  • Up to 100% LTV with no mortgage insurance
  • Purchase and refinance transactions
  • Fixed- and adjustable-rate options

Eligible borrowers include:

Medical Doctors who have a minimum of a M.D., D.O., D.D.S., or D.M.D. degree and an employment contract. Medical doctors including Dentists, Podiatrists, Ophthalmologists are permitted. Veterinarians are permitted.

Disclaimer: This program is not available in all states. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Create your dream home by upgrading now and paying over time with a home renovation loan.
Renovation Loans

What is a home renovation loan?

Maybe you’ve found the perfect location, but the house needs improving. Maybe staying in your current (but outdated) home is what’s important. Either way, a home renovation loan lets you make upgrades now and pay over time – so you can create a place you’re proud to call home. Whether you’re considering a fixer-upper or dreaming of remodeling your current home, a Renovation mortgage loan helps you get the job done.

How does a home renovation loan work?

A home renovation loan lets you purchase or refinance a home in almost any condition, make improvements, and pay for them over time. Consolidate the cost to buy or refinance with the estimated remodeling costs. We connect you with a renovation loan specialist, and you select your preferred contractor to complete the work.

Renovation financing options

  • Conventional: This FNMA HomeStyle Renovation loan allows for most upgrades, including luxury home improvements, with low-down payment options for all occupancy types.
  • FHA 203(k): This government renovation loan is a good option for larger, more complex projects, including health and safety improvements, with the flexibility of a low-down payment for primary residences only.
  • FHA 203(k) Limited: This government renovation loan is a good option to finance minor repairs or cosmetic improvements that can be completed quickly, with the flexibility of a low-down payment for primary residences only.

Benefits of a home renovation loan

  • Create your dream home
  • One single transaction for purchase or refinance and renovation
  • Borrow based on future estimated home value
  • Distribute renovation costs over the life of the loan

What types of remodel projects qualify?

No project is too big or too small for a home renovation loan. From room additions to new kitchens to painting and landscaping – we’ve seen it all.

  • Remodel kitchen and bathrooms
  • Upgrade electrical, plumbing, heating, and air conditioning
  • Add an accessible entry
  • Repair cracked slabs or make structural improvements
  • Install new flooring, windows, doors, cabinets, and appliances
  • Build a swimming pool

All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction. Renovation programs are eligible in the following states: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NC, ND, NE, NJ, NM, NV, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, and WY.

Make an offer before someone else gets your dream home!
Bridge Loans

Found the perfect new home but still need to sell your current one? Do you need to buy quickly and avoid worrying about a contingent sale? Are you moving for work? Moving up can be easier than you think! Our short-term bridge loan for the down payment helps you transition seamlessly without missing out on the right home for your family. Decrease the stress of a new home purchase!

Program benefits

  • Allows you to get your dream home without waiting to sell
  • Provides opportunity to make non-contingent offer on a home
  • Uses equity from your current home to move up and buy the next home
  • Great option for anyone who needs to relocate for work or to retire

Program eligibility*

  • Loan amounts starting at $40,000 up to $300,000
  • Bridge loan must be your current primary residence
  • Bridge loan must be repaid within 6 months

In a low inventory market, writing a non-contingent offer could get you the winning bid!

*New first lien must be completed with Guild on new home purchase. Bridge Loan must be repaid within 6 months of closing and departing residence must be listed for sale. Not eligible in TX. Second liens not eligible in ME. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Open the door to new possibilities by accessing your home’s equity for tuition, renovations, debt consolidation, a second home, or unexpected expenses.
Home Equity Programs

A home equity loan (HELOAN) or home equity line of credit (HELOC*) can help you find security wherever life takes you.

Understanding your options: HELOC vs. HELOAN

Get the cash you need by accessing your home’s equity through a HELOC or HELOAN.

Home Equity Line of Credit (HELOC)

A HELOC is a line of credit secured by your home. You can use your revolving credit line for large purchases such as tuition, renovations, and emergency expenses. Since HELOCs rely on your home’s equity, you can’t borrow more than the value of equity in your home, which is the value of your home minus the amount you owe on your first mortgage.

  • Credit scores as low as 660
  • Loan amounts up to $750,000
  • Up to 95% of your home’s equity
  • Fixed and adjustable-rate options
Home Equity Loan (HELOAN)

A home equity loan provides up to 90% of your home’s equity as a piggyback second mortgage. The HELOAN acts as a second mortgage, allowing an 80-10-10 structure with a first mortgage up to 80% loan-to-value to piggyback a second mortgage and avoid mortgage insurance or jumbo loan amounts. It can also work as a cash-out refinance to transform your first mortgage into a completely new mortgage. HELOANs offer flexible loan terms and fast funding.

  • Credit scores as low as 660
  • Loan amounts up to $500,000
  • Up to 90% of your home’s equity

*These are brokered loan products. State restrictions and eligibility requirements will apply based on investor guidelines. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Our 1-year, 2-year and 3-year buydown options can help you create more affordable monthly payments at the start of your loan and ease into your full mortgage payment.
Temporary Buydowns

What are temporary buydowns?

Mortgages with buydown plans have lower initial payments, a temporarily reduced interest rate and no balloon payments at the end of your loan term. The structure of the buydown will determine your payment increases, making them predictable throughout the life of your loan.

Buydowns can make the entry to homeownership more accessible and help you keep your options open when searching for homes. Depending on your unique situation, starting with a reduced payment may also give you more flexibility and cash flow for renovations or other home purchases.

Ease into your mortgage with lower initial payments

Try our temporary buydown payment calculator to see how much you may save.

Temporary buydown options

Guild has three temporary buydown options to help you get settled at the start of your loan.

  • 1-year buydown (1-0): The rate is bought down for the first year.
  • 2-year buydown (1-1 or 2-1): The rate is bought down for the first two years.
  • 3-year buydown (3-2-1): The rate is bought down for the first three years.

Temporary buydown details

  • Borrower-, lender-, seller- and third party-paid options
  • Primary and second home purchase transactions*
  • Conventional, FHA, USDA, VA and Jumbo** financing options.

*Second homes are only eligible on conventional and jumbo transactions

**Jumbo temporary buydowns are only offered as seller or lender paid up to 2 years.

Borrower must meet program eligibility and qualify based on the note rate of the program selected. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Build Your Dream Home from the Ground Up with Flexible Financing
New Construction Loans

New construction programs

A brand-new construction home is full of opportunities. Whether you’re relocating, downsizing or looking to upgrade, we’ll help you find the loan that gets you into your dream home.

Construction loan options can help you get into your dream home once your home is complete. A new construction loan helps finance the construction of a new residential property once the final touches of the home are complete. Many times, builders are working to get their homes sold as they are complete or as they are nearing completion. With our new construction loan programs, Guild works to provide all different types of financing options to help you get into a brand-new home.

What is the difference between purchasing a brand-new home or buying an existing home?

In a low inventory market, buying brand new may be the right option for you to work with a local builder to customize a brand-new home to your liking. Buying an existing home today may be more challenging until more inventory is readily available to choose from.

New construction financing options

If you’re interested in working with a builder to create your dream home, we can help you find the program that’s right for your financial situation. Many builders offer incentives in the form of a seller incentive that can help you get into a home with a lower payment or lower closing costs. Our new construction loan programs can help boost your homebuying experience.

  • StrongStart program* – Pay your interest using the builder’s incentive for up to the first five months. Please note you’re still required to make principal payments, including taxes, insurance and HOA.
  • Temporary rate buydowns* – Use the builder’s incentive to reduce your initial mortgage payment for the first few years of your loan. We offer temporary buydowns for the first few years with Conventional, FHA, Jumbo, USDA and VA financing options.
  • Permanent rate buydowns* – Use the builder’s incentive to buy down your interest rate permanently and help your payment fit within your budget.
  • Builder Extended Rate Lock Program** – Secure your interest rate for up to 360 days while you build your dream home. If interest rates increase during the construction process, you are protected. If rates end up going down, you can request a one-time float down to the current market within 15–30 days before closing.
  • Builder LockNow and Sell – Take advantage of a locked-in interest rate for a limited time on select properties by your builder. Reach out to a Guild loan officer to see if any builders in your area are participating.
  • Bonus bundles – Add a pool or solar to your new home—and bundle it into one loan to have a potentially lower monthly payment.
    • A new home plus a new pool = New possibilities to dive into
    • A new home plus new solar panels = A great way to go green and save

There are a lot of small decisions to make when you customize a home. We’re here to serve as your partner at every step and help you get into your new home. Whether you’re interested in relocating, downsizing, or adding a pool or solar, we can help you determine the program that makes sense for your budget and needs.

Not available in all states. Eligibility requirements apply and availability varies.

*Builder incentive participation is required to provide seller credit at closing. Borrower must meet program eligibility and qualify based on the note rate of the program selected. **The upfront fee may vary and is non-refundable in most states. The upfront lock in fee may be applied as a lender credit or a reduction in closing costs fees in the amount equal to the original fee collected. Lender credits are subject to the maximum contributions allowed and minimum borrower contributions per program requirements. No upfront lock-in fee on VA loans. Lock terms up to 360 days applies to conforming loan amounts. Lock terms up to 180 days applies to high balance loan amounts. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Work With Us

Providing an honest, transparent, and well communicated mortgage process.