By KIMBERLEY HAAS
The woman who led Guild Mortgage as it grew into a national company with operations in 49 states says the key to success is to have confidence and ask questions.
Mary Ann McGarry retired as the CEO of Guild at the end of June after nearly 39 years with the company.
“I would just remind everyone to have confidence in what they can do and their abilities. They don’t have to know everything 100%, especially in this business, and it changes every day, so you have to be able to learn,” McGarry said in a recent interview with The Mortgage Note. “Learn everything and then you’ll earn it. Just keep voicing ideas and asking questions. Don’t be…
Guild Mortgage has introduced a new 1% down, 1% one-year lender interest rate buy-down program.
The program, 1% Down Payment Advantage, allows homebuyers to make the smallest possible down payment, with Guild covering the remaining 2% to bring the payment up to its 3% minimum requirement.
Guild is offering a lender-paid temporary rate buydown as part of the program. Consumers can then refinance with Guild later with no lender fees.
Leaders at Guild say they are committed to helping Americans tackle the three main components of owning a home: the cost to get in it, the cost to stay in it, and the ability to handle unexpected emergencies in the first five years.
“No matter what is happening in the…
The Mortgage Note’s Editor Kimberley Haas has been interviewing some of the leaders in the country over the past year. This podcast highlights the successes and innovations taking place in the mortgage industry. If you would like to participate in future episodes, please email us at [email protected]. Read Articles Featuring The Guests: Meet The Woman Behind “Wall Street South” You Can Get A Mortgage At Walmart Learn About Financing Manufactured Homes With Rocket’s EVP Of Capital Markets Guild Leaders Hope To Help Hispanic Homebuyers Through New Partnership The Future Landscape Of Cities: Live-Work-Play, Science Centers, Medical Offices Follow Us On Twitter:
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