Open Mortgage has a new name: Guild Mortgage
The business, located downtown at 1 E. Wall Street, started with Guild Mortgage on June 17, 2024.
“We wanted more opportunities to help more clients,” said David Vonfeldt, branch manager. “With us moving to Guild Mortgage we are able to offer more loan programs to assist more clients. The company itself has been in business for over 63 years and is ranked in the top 10 for mortgage companies.”
The services the business offers the community are home loans, Home Equity Line of Credit HELOC loans, bridge Loans, refinancing.
“Bridge loans are short-term loans using your home’s equity to put money down on a new home before selling your current home,” he said.
To Buy A House
The process of getting a mortgage is complex, Vonfeldt said.
Here is a flyer for new home buyers wanting to know the process: #3204155_Homebuying Process_Flyer_C
“The information needed to start the process is name, date of birth, two-year residence history, two-year work history, income, and assets. Most of all this information is entered into the loan application and then the appropriate documents are provided to prove the entered information.”
“Interest rates change every day and for me to quote an actual rate I would need to have an actual application for a mortgage. I can tell you that we are very competitive on interest rates and that they are starting to come down,” he said.
“We are the number one U.S. Department of Agriculture lender in the country which gives us the ability to give great interest rates and favorable terms. A USDA loan is a no-money-down loan for low to moderate-income families and is a very popular loan in rural areas, which makes it a great option for the residents of Ft. Scott.”
For more information call +1 (620) 268-2945.
David Vonfeldt – Branch Manager
Joe’ Fritter – Loan Officer
Monica Creighton – Originating Loan Officer/Assistant 