After your home loan closes, you begin making payments to your mortgage servicer, who handles the daily management of your mortgage. That includes collecting and crediting monthly payments and taking care of your escrow account, if you have one. Many times, your mortgage lender and mortgage servicer are two separate entities. At Guild, we lend and service home loans. That means that we’re your loan partner throughout the life of the loan. We care about helping you achieve homeownership, and are there with you when you move to a new house, refinance your current mortgage, renovate your home or have questions. To learn more about servicing, take a look here!
What is Servicing?