Our commitment to paperless and mobile technology as well as our new 1% Down Equity program has allowed Guild to hit record volume in the First Half of 2017.
MyMortgage, our digital mortgage portal that combines a paperless loan application with a personalized mortgage experience allows our customers to upload documents and manage their checklists from any mobile device, simplifying the process from application to close.
Mary Ann McGarry, President and CEO of Guild Mortgage says, “MyMortgage helps us to streamline the mortgage process while providing each homebuyer with personalized service. We are also seeing growing interest in our 1 Percent Down conventional loan program. When combined with a two percent grant from Guild, the homebuyer begins with three percent equity. The grant does not need to be repaid. As an entrepreneurial company, we are always searching for new ways to help first-time homebuyers achieve their goals.”
Guild Mortgage saw purchase loan volume jump nearly 50 percent from the first quarter to the second quarter of 2017, resulting in record overall loan volume of $7.3 billion for the first half of 2017, up 7.1 percent from $6.8 billion in the same period of 2016.
Read more about our new technologies and programs on the National Mortgage Professional website.