Just like people (and houses) all home loan stories are different!

Despite what you may have heard, home loans are available…and interest rates are better than ever!

Lacey Home LoansSubmitted By: Patrick Davidson of Guild Mortgage Company – Lacey

Jamie and George were starting their new life together. Jaime already owned a home as an investment property and with present market conditions, she did not yet want to sell the home she presently lived in. George had previously owned a small business that fell victim to a stagnating economy; as such, George knew that there might be some obstacles to overcome in obtaining new home purchase financing. On the other hand, George was also a US military veteran and thus was eligible for VA insured financing.

Both Jamie and George had been homeowners before and thus they knew that the home loan process can feel somewhat intrusive at times. Income and assets must be documented, and some items on a credit report may need to be explained.  Jamie knew Patrick Davidson at Guild Mortgage Company and knew that he and the loan processing and underwriting team would work overtime to make certain that all details were taken care of.

Jamie and George were pleased that the loan process was running quite smoothly when, as seems to happen with shocking frequency, a problem arose with the property that they were trying to purchase. The appraisal report had come back verifying that the purchase price that Jamie and George had agreed to was a fair one. However, the appraiser pointed out that this price was supportable only if the roof was replaced! The sellers had not counted on that expense and were not in a position to pay for a new roof. Fortunately, the sellers had already spent money on other improvements and the parties were able to reach an agreement that worked for everyone. Without that care, diligence, creativity and professionalism of Patrick Davidson and the team at Guild Mortgage Company, Jamie and George would not have been able to obtain their new home.

At Guild Mortgage, we are able to help borrowers with loan issues that other lenders say are too onerous.  We are able to recognize potential problems and get to work resolving them.  We offer both conventional and government insured loan financing.  And, because Guild Mortgage is a direct lender for FannieMae, FreddieMac and GinnieMae, we can get loans done that other lenders cannot.

For over 50 years, Guild Mortgage Company has been helping people realize their home-ownership dreams.  Guild Mortgage offers competitive interest rates and loan costs, superior customer service and committed, local underwriting.  Whether you’re trying to purchase your first home, downsizing into the last home you’ll ever have, or diversifying your investment portfolio, we provide the expertise and ability to help get you there.


Patrick Davidson has been matching Washington homebuyers and borrowers with the loan program that best meets their needs and circumstances for over 16 years.  You or someone you know could immediately benefit by working with Patrick and Guild Mortgage Company.  He can be reached at pdavidson@guildmortgage.net or directly at 561.0339. Give him a call to get started today!

Guild Mortgage Company – Lacey (NMLS # 3274) and Patrick Davidson (NMLS # WA-MLO-114110) are an Equal Housing Lender.

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