California + San Diego + Finance | May 16, 2022

Guild Mortgage Introduces CashPass Financing Program

San Diego-based Guild Mortgage has unveiled CashPass, an innovative new program to help homebuyers compete with all-cash offers in today’s housing market. The CashPass option allows prospective homebuyers to write a cash offer with no financing or appraisal contingency required.

“With less inventory, sellers are getting multiple strong offers and we want to help our clients compete and win,” said Guild’s CEO Mary Ann McGarry in a news release. “Guild recognizes the need to help level the playing field for our clients who aren’t able to make an all-cash offer. The CashPass program helps homebuyers make a more competitive offer that can be vital to winning when a seller is faced with multiple bids.”

The Guild Mortgage CashPass program is available in 11 states including California, Oregon and Washington and is available for Conventional financing options to homebuyers with credit scores of 680 and above.

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.