Guild Mortgage Review

While the company’s mortgages are great for first-time homebuyers who need down payment support, most anyone looking for a home loan can benefit from the long list of mortgage products on offer.

J.D. Power Rating
Min. Credit
Min. Down Payment
3.8 / 5.0
SimpleScore Guild Mortgage 3.8
Perks 4
Credit Impact 4
Customer Satisfaction 4
Product Variety 5
Fees 2

Originally named Guardian Mortgage, Guild Mortgage was founded in 1960 in San Diego, California by a man named Martin Gleich, and the company has been growing ever since. It made a commitment to be an expert in government-backed loans that help first-time homebuyers secure mortgages quickly and easily, and has become well known for its vast selection of mortgage offerings, most of which are geared toward first-time homebuyers.

Today, Guild Mortgage is America’s 19th largest mortgage lender and specializes in residential home loans. It has over 250 branches and satellites serving customers across the United States. It offers a full line-up of mortgage products, from conventional loans to government-backed loan programs.

In this article

    Guild Mortgage at a glance

    LenderMinimum and Maximum Loan AmountAPR RangeTermsKey Benefit
    Guild MortgageNA to $3 million — varies by loan productCall or apply online for current rates15 years or 30 yearsVast selection of mortgage options

    What we like about it

    There’s a lot to like about Guild Mortgage, starting with its wide variety of mortgage products. While there are attractive offers for first time homebuyers who need assistance with a down payment, there are also plenty of options for conventional mortgages and refinancing as well, making this a well-rounded lender that’s able to serve a wide range of customers.

    For first time homebuyers, Guild will offer an FHA loan to applicants with a credit score as low as 580, and those looking for conventional mortgages can qualify with credit scores as low as 600. Further, its jumbo loans are able to accommodate purchases up to $3 million with a down payment as low at 5%.

    One of the best features of Guild is that you can apply for and submit all of your mortgage documents online. This is an attractive feature for busy individuals who may not have the time or interest in visiting a lender throughout the mortgage process. Guild Mortgage takes pride in offering exceptional customer service and innovation that takes some of the hassle and stress out of the home lending process.

    Things to consider

    One thing to consider when reviewing Guild as a potential home mortgage lender is that it does not disclose its fees online. If you like to do your research online and compare lenders prior to deciding which one to go with, you’ll have to inquire further to get to the bottom of Guild’s terms and conditions and how they will apply to you.

    Another important consideration is that, while Guild offers a wide range of mortgage products, some of its special offerings are limited by home type or other factors that you may not be aware of beforehand. It’s important to make sure you understand the limitations of each mortgage product before choosing which one is right for you. However, loan officers are standing by to help with that.

    What you need to know about Guild Mortgage

    If you’re interested in applying for a mortgage through Guild Mortgage, you have several options to get started. You can visit one of its branches if there’s one in your area, call and speak with a representative or start the process online. You can find the list of documents that you’ll need for your Guild Mortgage loan right on the website.

    Guild does not offer its mortgage rates online, so you’ll need to give them a call to inquire about the current rates and to get an idea of what your monthly payment could look like. You can choose from the standard 15-year term or 30-year term as well as government-backed loans like a FHA loan or VA loan. With such a large selection of mortgage products to choose from, each one has its own set of credit requirements and restrictions, so it’s best to speak with a loan officer regarding which product is right for you.

    Guild Mortgage fees and penalties

    You will need to get in contact with a loan officer either at one of Guild’s branches or over the phone to discuss the fees that will apply to you. However, the company has mentioned that lender fees for underwriting, administration, document preparation and processing are included in closing costs. You can get an estimate of your total closing costs here.

    Guild Mortgage collateral and criteria

    Qualifying for a Guild mortgage depends on a few different factors, as the lender has minimum scores that vary by product. For example, homebuyers with a credit score as low as 580 can qualify for an FHA loan. Homebuyers with credit scores as low as 600 can qualify for USDA loans and scores as low as 620 can qualify for the 3-2-1 program (3% down).

    Guild also offers VA and USDA loans with no down payment and FHA loans with a standard 3.5% down. There are also conventional loans available to choose from with as little as a 3% down payment, as opposed to the standard 20% and jumbo loans (up to $3 million) are available with as little down as 5%.

    Compare top mortgage lenders



    We’ve created the SimpleScore to help you objectively compare products and services here at The Simple Dollar.

    Our editorial team:

    • Identifies five factors to compare across each brand
    • Determines the rating criteria for each factor
    • Calculate an average of those five factor scores to get one SimpleScore

    We break down each of these five factors and their rating criteria for our review of the best mortgage companies.

    Why do some brands have different SimpleScores on different pages?

    Some brands like Bank of America, Wells Fargo, and Chase have different SimpleScores because they offer more than one financial solution — like home loans, auto loans, personal loans and more.

    For instance, in our Bank of America Mortgage Review, we give the company a 3.8 out 5 based on our five rating factors for mortgages. In our Bank of America Auto Loans Review, we give the company a 4.4 out of 5 based on our rating factors for auto loans. By tailoring our SimpleScore to each financial solution, we’re able to give you a more accurate view of a brand’s services and how it compares to competitors’ services.


    Mortgage lending companies that provide more perks receive a higher score from us.

    Hard/Soft credit checks

    We know that credit checks affect your score –– that’s why we favor companies that offer soft credit checks or hard credit checks when you want to see your pre-approval rates.

    Customer satisfaction

    We use the J.D. Power 2019 Mortgage Origination Satisfaction Study℠ to find out how customers rate their experience with each company. (If a company is not included in J.D. Power’s study, we skip this rating factor and average the remaining factor scores.)

    Product variety

    Mortgage lenders that offer more products for their home loans are given higher scores.


    Fees can add up fast. Companies that don’t require as many fees for your home loan receive a higher score with us.

    Jessica Walrack

    Contributing Writer

    Jessica Walrack is a personal finance writer at SuperMoney,, The Simple Dollar, and She specializes in taking personal finance topics like loans, credit cards, and budgeting, and making them accessible and somewhat fun.