trust

Should you put your home in a trust? 

Putting a home into a trust may seem like an option reserved for older homeowners who have paid off their mortgage and have accumulated an estate, including assets such as a home, motor vehicles, various investments, boats, rental properties, furniture and even a vacation home. However, having a home that’s owned outright is not necessary to put it into a trust. In fact, trusts can be a good idea for younger homeowners as well.  What are the advantages of trusts? ...
buy a home

How to prepare to buy a home in 2024

The start of a new year is often seen as the time to make major changes in life. While many people resolve to start hitting the gym, losing weight, reading more, or making a career change, others may decide to buy a new home in the coming months. That’s a great goal, one that can change a person’s or a family’s life. If buying a new home is on your 2024 “to do” list, keep in mind the following as ...
communication

Communication is key when buying a home

Buying a home is one of the most exciting events in a person’s life. A new home can mean a new direction, a major step forward, the beginning of a family or just a fun opportunity to live in a new state, city or neighborhood. It’s also a complex task that involves several important steps. Deciding on where to live, what type of home to buy, how to secure financing, what type of home loan to get, and considering myriad ...
homebuying acronyms

HUD? FHA? VA? Your guide to homebuying acronyms

If you’re preparing to buy a home – especially your first – you may be surprised at the seemingly endless government loan programs and financing options which may be available to you.  The lingo pops up in advertising, articles (and blogs!) and conversations with real estate professionals. While the plethora of acronyms and names such as HUD, FHA, VA, USDA, HUD, Fannie Mae and Freddie Mac may seem confusing, it’s important to learn about each of them as they may ...
smart homes

Smart homes add value

It’s no secret that smart phones have changed nearly every aspect of life. These devices put the internet and its infinite information – and capabilities – into the hands, pockets, backpacks and purses of more than six billion users worldwide. From ordering a pizza to shopping for a car to tracking investments  to accessing information, the smart phone has become a indispensable tool.  So, it comes as no surprise that homeowners can use smart phones to easily monitor and control ...
upgrades

Five easy upgrades that make a difference in your home

Are you preparing to sell your home? Or would you just like to make a few easy improvements to your home in time for holiday entertaining? While major renovations or remodeling projects can be exciting and are sure to have a major impact on a home’s appearance, time and budget constraints may rule out large scale upgrades. Nevertheless, there are other ways to improve your home, whether it’s a single-family home, a townhouse, or a garden condominium. Below are five ...
tool

Tool Time: Basic Household Tools for First-time Homeowners

Buying and moving into a new home is one of life’s great experiences, especially if you’re buying your first home. From getting that pre-approval to the “yes!” response on an offer to closing and moving in, every step is exciting. And while the process is engaging and fun, it’s important to prepare for moving day and beyond. One important part of that preparation involves collecting the basic tools nearly every homeowner should consider having on hand. The goal is to ...
self-employed

Being self-employed is no obstacle to getting a mortgage

The Covid-19 pandemic brought many changes to life around the world. In the U.S., one of those changes was an increase in self-employment as many companies downsized, moved to remote work and enacted other significant changes to their structures and work models. This led to many employees taking stock of their work lives, which led to an uptick in the number of U.S. workers choosing to be self-employed. Today, nearly 11 percent – or 9.59 million members of the U.S ...
income

How much of your income should you dedicate to your mortgage?

The first question many homebuyers have when deciding to buy a new home is: how large of a mortgage can I afford? The answer to this question will impact the type of home, location, and, of course, the price of a home you may purchase. The answer begins with gross monthly income A buyer’s gross income is the income made each month before taxes and deductions such as social security are made. Gross income also includes income from: Tips  Alimony ...
Paint

Make your new home truly yours with a fresh coat of paint

Few things are more exciting than buying and moving into a new home. A new home can mean more space, better space, a new neighborhood, a new city or state, or starting a new life. All of that means in some ways, you’re starting with a clean slate, which means you can put your stamp on that new single-family home, townhouse, duplex or condominium. The possibilities may be just as unlimited! The quickest, way to make your new home yours ...

The information provided herein has been prepared by a third party company and has been distributed for education purposes only. The positions, strategies or opinions of the author do not necessarily represent the positions, strategies or opinions of Guild Mortgage Company or its affiliates. Each loan is subject to underwriter final approval. All information, loan programs, interest rates, terms and conditions are subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Get Preapproved Now!

For low rates and expert advice call us now at (855) 997-7231 or apply online. Absolutely no obligation.