3-2-1 Home Program for First Time Home Buyers

Saving for a down payment is often the hardest part in the homebuying process. But it doesn’t have to be.

Guild’s exclusive 3-2-1 Home program offers perks for first-time buyers who need the benefit of affordable lending. 

The 3-2-1 Home Program is simple:

  • You bring a 3% down payment

  • We give you a $2,000 The Home Depot® Gift Card

  • We gift you a $1,500 grant toward closing

There are several advantages to this program. With 3-2-1 Home, you have the ability to use gift funds toward the down payment. If you’re newly married, have a generous relative or a best friend that wants to reward your loyalty, you can use those gift funds toward your 3% down.

An additional advantage is that you can consider homes with minor repairs. As a first-time homebuyer, it’s stressful enough navigating your way through the loan process. With 3-2-1 Home, you can have peace of mind knowing you have extra resources to put toward minor repairs or improvements without tapping into your cash reserves.

The 3-2-1 Home program also eases financing challenges. If you’re a first-time homebuyer with a low-to-moderate income, this program offers increased flexibility to consider homes in your preferred location without putting constraints on the money for your down payment.

Eligibility and requirements are as follows*:

  • First-time homebuyers only

  • Must fall within income limits or live in a low-income area

  • Credit score as low as 620

  • Maximum loan limits of $453,100

  • Homebuyer education required

stephen jones