Let’s Talk About Credit…. How is Yours?

As I am sure you know by now, I love to bring value to my clients every single day. Today is no different and I thought I would share some tips that I think you will find particularly interesting regarding your credit score.

Did you know you can access that annual report from AnnualCreditReport.com. It is the official website established through the Fair Credit Reporting Act that mandated that consumers have access to their credit reports once every 12 months. Be careful…because there are many websites with similar names that also claim to offer a “free” credit report, but actually come with a price, such as FreeCreditReport.com. It is also important to note that your free access to your report does not include your credit score, only the items that are on your report. This allows you to be able to dispute any items that might not be accurate.

When looking at your annual report, take advantage of these helpful tips:

1. Have your credit account info handy before logging on. For security purposes, you will be asked to verify information that can include anything from existing loans to prior addresses. If you have your last credit report available, that’s ideal.
2. Review the report from all three repositories. They are: Experian, Equifax, and Transunion.
3. Save a copy or print each report as you access them. If you close the window with the report open, you’ll have to wait one year to return to that bureau’s report.
4. Review your reports carefully and follow up on any errors. You’ll find instructions on the reports.
5. You may purchase your “credit score” as an option. If you opt for this, keep in mind these scores can differ from those typically used by creditors.

If you have any questions about these tips, or just want to say, “Hi,” I’m here to serve you. Also, I love getting your referrals. If you have friends and family that you feel could benefit from my services, please feel free to pass along my information to them.

Travis Newton

Sales Manager

Guild Mortgage

Phone: 503-931-4490

www.guildmortgage.com/officers/travisnewton

NMLS #: 269195

 

Travis Newton, Guild Mortgage, named #3 Homes for Heroes Lender Affiliate Nationwide in 2013

Press Release

Travis Newton, Guild Mortgage, named #3 Homes for Heroes Lender Affiliate Nationwide in 2013

Salem, OR – March 4, 2014. Homes for Heroes is proud to recognize Travis Newton with Guild Mortgage, as its #3 Lender Affiliate Nationwide in 2013 based on number of heroes served. Travis was the # 1 Lender Affiliate in Oregon and the #1 Lender on the West Coast.

About Travis Newton
Travis Newton, Sales Manager of the Salem Oregon Guild Mortgage Office, helped many Oregon Heroes with their Mortgage needs in 2013. Travis has been in the mortgage field for 13 years and strives to deliver outstanding customer service to his clients and business partners. Travis also volunteers many hours per week with the Cascade Youth Basketball program and finishing up his 17th year coaching Girls Basketball at Cascade High School in Turner. Travis can assist you with any mortgage needs you may have, Purchase or Refinance.

About Homes for Heroes
Homes for Heroes, the Nation’s Largest Hero Savings Program, aims to help close the gap between the cost of housing for military personnel, police officers, firefighters, teachers, first responders, and others who serve our community and nation.
Inspired by the heroes who serve and protect their communities and our country, a partnership of Realtors, mortgage lenders, title companies, and other affiliated service providers created Homes for Heroes, Inc. This collaboration of real estate professionals’ sole mission is to provide significant savings during the real estate process. With over 1,300 Affiliates in 49 states, Homes for Heroes Affiliates have saved the heroes of our nation over $4.8 million when buying, selling, or refinancing a home.
More information about Travis Newton and Homes for Heroes can be found HERE or by calling 503.931.4490.

 

Looking to get PRE APPROVED? Go HERE

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274 OR 176

 

Housing Predictions For 2014, Why NOW Is the Best Time To Buy!

There’s a growing consensus with housing experts that 2014 is the time to buy your new home. With home prices AND rates set to rise, the house you’re looking at now could end up costing you $20,000 more in 5 months!

In 2013, the housing recovery was a welcome bright spot for the economy: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing. It’s looking like 2014 should be another good year for housing–mostly. Here are ten things housing experts expect to see in 2014:

1. More homes will be available
Short supply drove rapid price increases at the beginning of 2013, but watch for that to change next year. Realtor.com notes that the inventory (homes available for purchase) shortage began to soften in February. New construction and rising prices should bring more homes, both new and old, on to the market in 2014, helping inventory return to traditional levels.

 

 

2. Mortgage rates will rise
Online real estate database Zillow predicts rates will hit 5% by the end of 2014–well up from the 4′s and 3′s of late, but still well within normal levels. New Fed Reserve chief Janet Yellen is expected to continue Ben Bernanke’s policy of keeping mortgage rates low by buying blocks of mortgage-backed securities, but the Fed’s bond-buying taper could push rates higher. “While this will make homes more expensive to finance – the monthly payment on a $200,000 loan will rise by roughly $160 – it’s important to remember that mortgage rates in the 5 percent range are still very low,” says Erin Lantz, Zillow’s director of mortgages. Really. “Prior to the Federal Reserve’s 2008 decision to buy $85 billion in debt per month, the 36-year average was 9.2%, and never below 5.8%,” notes Glen Kelman, CEO of Redfin.

Zillow: National mortgage rates, 30-year, fixed-rate

3. Mortgages will be easier to get 
“The silver lining to rising interest rates is that getting a loan will be easier,” says Lantz. “Rising rates means lenders’ refinance business will dwindle, forcing them to compete for buyers by potentially loosening their lending standards.”

4. Home prices will rise 3%
Redfin and Zillow are predicting that home prices will rise between 3% and 5% in 2014. For comparison’s sake, 2013 saw jumps of 5% nationally, with increases of more than 20% in some hot spots. “These gains, while beneficial in many ways, were also unsustainable and well above historic norms for healthy, balanced markets,” says Dr. Stan Humphries, Zillow’s chief economist. “This year, home value gains will slow down significantly because of higher mortgage rates, more expensive home prices, and more supply created by fewer underwater homeowners and more new construction.”

5. Fewer homeowners will be underwater
Rising prices helped 2.5 million homeowners with underwater mortgages regain positive equity status during the second quarter of 2013, according to Realtor.com. By Q3, a CoreLogic report found that about 6.4 million homes were still in negative equity at the end of Q3. Watch for that number to shrink in 2014.

6. Affordability will decline
Despite the slower pace of price increases, home affordability will decline as mortgage rates rise. The real culprit is income levels, which aren’t keeping pace with the increases in housing costs. In 2013, the National Association of Realtors’ Home Affordability Index dropped to a five-year low. Experts predict the trend will continue in 2014.

7. Ownership will decline
In 2014, Zillow predicts, homeownership rates will fall below 65 percent for the first time since 1995. “The housing bubble was fueled by easy lending standards and irrational expectations of home value appreciation, but it put a historically high number of American households – seven out of ten – in a home, if only temporarily,” says Humphries. “That homeownership level proved unsustainable and during the housing recession and recovery the homeownership rate has floated back down to a more normal level, and we expect it to break 65% for the first time since the mid-1990s.” Watch also for adult children to move out of their parents’ homes, starting their own households and further decreasing the overall homeownership rate.

8. Americans will move
Rising prices, a reversal of underwater mortgages, and easier credit will free Americans up to move. But next time they’ll choose smaller homes in more affordable locations. Redfin is predicting that new lending regulations–which make it harder to borrow more–will send Americans to less expensive hubs like Portland, Denver, Austin, Richmond, Dallas, Houston, San Antonio, Atlanta, and Raleigh.

For the full article from Forbes go HERE

 

Looking to get PRE APPROVED? Go HERE

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274 OR 176

 

Zero Down Loans Still Available In Oregon? You Betcha!

Are you looking to purchase a home in a rural community, but wondering where to begin looking for help with a home mortgage? Good news! The U.S. Dept. of Agriculture (USDA) has developed a home loan guaranty program that can help you find a lender and obtain a home loan mortgage. The USDA HUD Rural program offers loans with little or no money down!

A USDA Rural Development home loan may offer qualified borrowers a chance to obtain a home loan with easier qualifications and financing options than other conventional loans. Keep in mind that the USDA Rural Development does not fund the mortgage loans. Rather, the program has partnered with selected lenders and Mortgage Bankers, such as my company Guild Mortgage, who will loan the money with a repayment guaranty from the USDA, if ever the loan should default. This offers lenders confidence in providing loans to qualified candidates who meet the USDA Rural Development underwriting guidelines.

USDA loan benefits

ZERO Down Payment Required. Borrowers who qualify for a USDA HUD Rural home loan have the flexibility to pay nothing out of pocket for a down payment. That means a borrower can finance up to 100% of the appraised home value. Or, a borrower can have a gift or grant go toward a down payment with no money out of pocket.

Competitive 30 year fixed interest rates. We can offer you the lowest interest rates to qualified individuals and families.

Flexible credit guidelines. Borrowers must still provide a credit history report. But the flexible guidelines allow potential homeowners with spotty or challenged credit to still qualify for a home loan.

No maximum purchase limit. The USDA Rural Development program has no maximum purchase price limit. However, a lender will still determine the maximum amount of loan each applicant is eligible for based on ability to repay.

Home repairs can be included in loan. Looking to purchase a “handyman special” home? Homes that need refurbishing or rehabilitation may qualify for extra funds to be included in the home loan mortgage to go toward repair costs.

Who is eligible?

Any individual or family who plans to occupy a home located in an eligible rural area as their primary residence may qualify for a USDA Rural Development home loan. An applicant for the USDA mortgage guaranty loan must provide sufficient income verification and a credit history that indicates an ability and willingness to meet repayment obligations. An individual or family must show proper legal capacity to own property in the U.S.A., own no home or dwelling currently, and have insufficient resources to qualify for a conventional home mortgage.

How to get started

Interested future homeowners should contact Travis Newton, Oregon USDA Expert at 503.931.4490. and/or tnewton@guildmortgage.net

 

For more information you can also check out this recent article on Oregonlive! 

Looking to get PRE APPROVED? Go HERE

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

 

Are You Pre-Approved Yet? We can Help!

As a GUILD MORTGAGE Client, You’ll Know How Much You Can Spend on a Home, so You Won’t Waste Your Time Looking at Homes Outside Your Price Range.

• It’s a smart financial move! Getting a Pre-Approval from Travis Newton at Guild Mortgage is the right choice. We’ll find out what you qualify for and what payment you’re comfortable with after the pre-approval process. This can eliminate any unpleasant surprises before you close on your dream home.
• Sellers know your offer is valid because your financing won’t fall through and you’ve already been pre-approved with the Preferred Lender in Oregon.
• You get negotiating power with a stronger offer, especially when competing with other buyers.
• You get extra help from “Oregon’s Home Loan Experts,“ with online guides, calculators, news articles and timely newsletters – personalized to help you understand exactly what’s going on based on where you are in the home buying process.
• Have questions? We are ALWAYS available, you can call, email or text with any questions you may have. 

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Close Faster When You Have a Guild MOrtgage Pre-Approval

• As a Guild client, you can close on your home in just weeks, rather than months. It’s another advantage you’ll have over other buyers, and takes much of the stress out of buying a home.
• Even if you’re not a first-time home buyer, the pre-approval process speeds your application through the process so that you can enjoy a smooth closing.
• Already made an offer on a home? No problem! We can jump-start your closing and speed you into that new home. Get the peace of mind of knowing your loan will close with fewer surprises.

Looking to get PRE APPROVED? Go HERE

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

VA Loan: The Perfect Loan For Veterans

 

VA Loans – A Great Option for Veterans

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veteran Affairs (VA) that is available to most US service members. It offers some very great benefits to those that have served our country.

Benefits of VA Loans

• You can buy a home with no money down.
• You can refinance your home up to 100% of the value of your home.
• You never have to pay PMI (Private Mortgage Insurance).
• Sellers can pay your closing costs.
• They are usually easier to get because the Government insures the loan so that there is much less risk to the lender.
• If you already have a VA Loan you might be eligible for a VA Streamline Refinance.
• Disabled Veterans may qualify for a waiver of the Funding Fee if they receive any disability payments from the VA or if they are considered to be at least 10% disabled.

Who is eligible for a VA Loan?

As a rule of thumb, almost all active duty or honorably discharged service members are eligible for a VA loan.

You may be eligible for a VA loan if any one of these statements describes you:

• I served 181 days during peacetime. (Active Duty)
• I served 90 days during wartime. (Active Duty)
• I served 6 years in the Reserves or National Guard.
• I am the spouse of service member who was killed in the line of duty.
• I currently receive disability payments from the VA.

What is the VA Funding Fee and is it required?

Yes, it is required. It is a fee paid directly to the Department of Veteran’s Affairs so that they can guarantee your loan and provide you with the opportunity to receive a loan with little to no money out of pocket.

How much is the VA Funding Fee?

It depends on several factors including: Whether you are Active Duty, Retired, Guard or Reserve and whether you this is a first time use, subsequent use, or a cash-out refinance as well as how much of a down payment you are putting down. The fee can range from as little as 1.25% up to 3.3% of the loan. Generally, the more money you put down the lower the VA funding fee. Please contact us and we will help you to determine how what the exact cost of the VA Funding Fee would be for your particular situation.

Do I have to pay the VA Funding Fee out of pocket?

No, you can include the VA Funding Fee in your loan and pay the funding fee over the course of your loan.

Do I still have to pay other normal closing costs like Appraisal, Title and Escrows?

Yes, however with a VA loan if you are purchasing a new home the seller can pay for all or part of your closing costs.

What is a VA Streamline Refinance?

A VA Streamline Refinance is a refinance option that is available if you already have a VA mortgage and you want to lower your interest rate with little or no out-of-pocket closing costs. You don’t have provide bank statements, W2s, job verification or paychecks.

You can reach Travis Newton, Mortgage Lender Affiliate in Salem Oregon at 503.931.4490 or on the Oregon Homes For Heroes Facebook page.

Looking to get PRE APPROVED? Go HERE

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

 

Stop Paying Your Landlords Mortgage!

It’s staggering when you think about the cost of living, especially if you’re a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, then over the next three years, your property management company will effectively have reaped $36,000 of your hard-earned cash! You’re paying their mortgage when you could be building equity in your own property.

What if I don’t have the money to buy a home right now?

There are loan programs available that offer low and no down payment options. USDA, VA offer NO DOWN PAYMENT options.  Some programs permit gift money as a down payment, and often sellers are willing to make a contribution to your purchase in the form of seller paid closing costs if they want to sell the home quickly.

There are many benefits of home ownership to consider, most of all, tax deductions. Let’s take a look at how advantageous this can be as a homeowner:

How much is tax deductible?

Tax deductions vary, but the IRS has laid out solid rules. They also have several tax publications full of helpful information worth taking the time to read. Publication 530, Tax Information for First-Time Homeowners, is very thorough, as is Publication 936, Home Mortgage Interest Deduction. For quick reference, you can refer to Tax Topics 505, Interest Expense, and 504, Home Mortgage Points.

These publications often refer to local and state guidelines, so you may want to consult a CPA to answer all the questions that arise from reading these materials. Here are a few tips you should know up front:

Real Estate taxes are deductible on a primary residence. Real Estate taxes are paid at settlement or closing, or through an escrow account.

Mortgage interest is deductible on a loan to purchase, build or improve your home. Your lender will provide you with a Mortgage Interest Statement (Form 1098) to list the total interest paid during the year. This should include any deductible points paid for that year.

Pre-paid interest is deductible in the year it is paid. At the close of a real estate transaction, borrowers usually pay for the interest on their loan that falls between the closing period and the first of the next month. Mortgage payments are made “in arrears” so when a loan is closed mid-month, there is interest due to the new lender which must be paid in advance.

If you are building a home, the interest on the construction loan is deductible. The construction period cannot exceed 24 months prior to the date that you move in if you claim this as your primary residence.

Call me to discuss your specific needs and we’ll find the program that’s right for you.
We have a variety of low down payment and no down payment programs available. Want to own a home? We can help! 503.931.4490.

By the way, If you would like more information about Homes for Heroes program please contact Travis Newton at 503.931.4490.

If you or anyone you know is a TEACHER, MILITARY, FIREFIGHTER, POLICE, CORRECTIONS, NURSE, DOCTOR, DENTIST, MEDICAL ASSISTANT, CNA, Etc, you may qualify for our Homes for Heroes program! You can reach Travis Newton, the Homes for Heroes Mortgage Lender Affiliate in Salem Oregon directly at 503.931.4490

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

15 or 30 Year Fixed?

1. Can you afford to pay off the mortgage in 15 years?

Although a 15-year mortgage offers a lower rate relative to a 30-year mortgage, thereby allowing borrowers to pay interest for only half as long, a 15-year mortgage comes with a higher total monthly payment. This is because the principal must be paid off faster, making each principal payment larger.

Because borrowers pay down the principal balance faster, in the longer run they save on interest payments. Inside Mortgage Finance publisher Guy Cecala noted, “if you can afford the higher payments associated with the shorter-term 15-year mortgage, there is no reason not to take one.”

However, because the monthly payments are higher, it can strain borrowers’ ability to set aside money for retirement or their kids’ college tuition. These borrowers may be better-off with a 30-year mortgage. Similarly, if the higher payments of a 15-year mortgage mean borrowers have less money to invest elsewhere and diversify their portfolios, they may be better off with a 30-year mortgage.

2. Are you buying your first home?

First-time home buyers often benefit from selecting a 30-year mortgage because the monthly payments are lower. A longer-term mortgage can make a more expensive home more affordable for a new buyer. According to Cecala, most first-time home buyers “are trying to get in as much house as they can.”

Of course, 15-year and 30-year mortgages are not the only options available to consumers. Borrowers can take an adjustable-rate mortgage, which offers a low initial rate that stays unchanged for some period, such as five years. When the period expires, borrowers could pay more if interest rates rise. But for buyers who are not looking to own their home for too long and who are confident that they will be able to resell the home, an adjustable rate mortgage may be a sensible option.

3. Are you looking to refinance?

If you already have a mortgage and would like to refinance, now may be a good time. Cecala noted that if your current payments on a 30-year mortgage are high enough, you might be able to refinance into a 15-year mortgage and make similar monthly payments while shortening your mortgage term.

An additional factor that may make refinancing more attractive is the current difference, or spread, between interest rates on 15-year and 30-year mortgages. According to Cecala, “historically, the difference between the 30-year fixed rate and the 15-year fixed rate has been about 25 basis points,” or about 0.25%. Currently, the spread between the two rates is especially large, at close to 1% in some cases.

Are you planning on retiring soon?

How close a borrower is to retiring plays a major role in whether to take out a 15-year mortgage. Typically, borrowers who take 15-year mortgages are at least 40 years old, according to Cecala. These borrowers are often willing to pay off the balance on their mortgages faster in order to retire with little or no outstanding debt on their homes. However, many older homeowners also must weigh prepayment — making early payments on their mortgage — against the need to save for retirement. According to the CFPB, 30% of homeowners aged 70 and older have outstanding mortgages.

5. Do you have a strict savings plan?

Choosing a 15-year mortgage over a 30-year mortgage also may be a worthwhile choice if you are not a disciplined saver. But many people may lack the discipline needed to save long-term, Cecala noted, especially in amounts that would offset what they would save by switching to a 15-year mortgage. He also added that “a lot of times people need that extra money for something else,” and so they choose to keep their money in a 30-year mortgage with lower individual monthly payments.

Some truly disciplined savers may actually benefit from carrying their mortgages into retirement. According to a May story published by Time magazine: “if you expect to earn more after tax on your investments than you pay after tax on your mortgage, keep the mortgage.” What you want to avoid in retirement, however, is a situation where you are juggling a mortgage on top of your basic costs of living, taxes and health care payments.

Are you looking to buy or refinance your home? Please contact us to see how we can assist you!

By the way, If you would like more information about Homes for Heroes program please contact Travis Newton at 503.931.4490.

If you or anyone you know is a TEACHER, MILITARY, FIREFIGHTER, POLICE, CORRECTIONS, NURSE, DOCTOR, DENTIST, MEDICAL ASSISTANT, CNA, Etc, you may qualify for our Homes for Heroes program! You can reach Travis Newton, the Homes for Heroes Mortgage Lender Affiliate in Salem Oregon directly at 503.931.4490

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

Raise Your Credit Score – And Quickly

If you are looking to improve your credit score quickly, now is the time to get started. Give us a call. We’ll review your credit and find out exactly where you stand and where you need to get to. In the meantime, here are some great strategies you can utilize right away to give your score a little boost.

Create Some Balance: While paying down installment debt (car, school, mortgage, etc.), on time, and as agreed, shows responsibility and will definitely boost your credit score, paying down or paying off revolving debt, such as credit cards, can cause a quick and significant jump in your credit score. The trick is to get and keep your balances below 30% of your credit limit on each card on your monthly statements. For faster results, attack those cards with balances closer to their respective credit limits first, as opposed to those cards with simply the highest debt. Remember, if you pay off any credit cards completely, do not close your accounts without discussing it with your mortgage professional first. Cancelling those cards may inadvertently undo all of your hard work.

Know Your Limits: Make sure that your credit card issuers are reporting the correct limits on your accounts to the three major credit bureaus. Without an available limit, your account will appear to be maxed out at its highest reported balance each month. This could cost you up to 80 points in certain instances. Some creditors, such as American Express® and certain cards issued by Capital One®, actually have a policy of not reporting available credit. However, most companies will report your credit limits if you ask them in writing.

Take Some Credit: If you have a credit card account in very good standing, make sure that all three credit bureaus know about it. Just like your credit limits, some creditors don’t report your information to all three credit companies – this is why credit scores often vary between bureaus. If this is the case, give them a call to find out why. Correcting this oversight could provide a significant boost to your score. Also, if you’re in very good standing, ask your creditor for a lower rate or higher credit limit. This will increase the gap in the debt you owe versus the credit you have available. Sometimes hinting about closing an account can suddenly bring out the generous spirit of certain card issuers. Give it a try. The worst they can say is no.

Protect Your Interests: Your credit score is calculated based solely on the information available to the credit bureaus. If you have a HELOC, make sure it’s listed as a mortgage or an installment account on your credit reports and not a revolving debt. If you had a bankruptcy, be sure that all items associated with the bankruptcy are being reported as included in the bankruptcy with a zero balance. This action could increase your score by 50-100 points. Because simple mistakes like these can wreak havoc on your credit score, it’s important to monitor your credit every four to six months.

Even the Score: If you find information on your credit report that you believe is inaccurate or incomplete, then you have the right to dispute it free of charge. For the fastest results, visit the appropriate credit bureau’s website and file a dispute online. If supporting documents are necessary, you have to file your dispute by mail.

If you’d like more information or a copy of our Sample Dispute Letter, give us a call right away. We’ll be glad to help you in any way we can or, if it becomes necessary, refer you to credit professionals you can trust.

If you or anyone you know has any questions about credit scores or what can be done to repair them, please don’t hesitate to call.

By the way, If you would like more information about Homes for Heroes program please contact Travis Newton at 503.931.4490.

If you or anyone you know is a TEACHER, MILITARY, FIREFIGHTER, POLICE, CORRECTIONS, NURSE, DOCTOR, DENTIST, MEDICAL ASSISTANT, CNA, Etc, you may qualify for our Homes for Heroes program! You can reach Travis Newton, the Homes for Heroes Mortgage Lender Affiliate in Salem Oregon directly at 503.931.4490

Your Loan, On Time, Every Time!

Travis Newton

503.931.4490

Sales Manager

OR MLO 269195

#3274

 

Change isn’t always a bad thing…..

First of all, thank you for being a loyal reader of my Mortgage Blog.  I have some very exciting news to share. My business partner, Mike Wilbur and I were offered an amazing opportunity to join Guild Mortgage and run the Willamette Valley offices. Although I loved my time at ENG Lending, Guild offer so many more opportunities with loan programs and local support to ensure smooth and on time closings. 

What does this mean to you as a client:

• Loan docs to escrow on time? No, not just on time. The goal is to get all loan docs to escrow 5 days prior to the close date
• • For example, of the 80 transactions we did last month, only one was not there 5 days prior, that particular file was there 2 days prior.
• NO OVERLAYS
  • Guild programs have NO Investor overlays on our approvals.     
  • How does this benefit you? Lower credit scores, higher debt to income ratios and much easier, cleaner approvals and faster closes.
• All loan programs are done IN HOUSE.  
  • ~Manufactured, FHA, USDA, Conventional, VA, even Construction and Jumbo. If you have a client, we have a program for them.
• 100% Local
  • Mike and I will run the Mortgage team here in the Valley with local processing, underwriting and funding, all with a common goal to close: Your Loan, On Time, Every Time!

Please call me at 503.931.4490 to discuss how we can help you save thousands over our competitors when buying or refinancing your home.

Travis Newton

Sales Manager

Guild Mortgage

503.931.4490

tnewton@guildmortgage.net