Guaranty Federal Mortgage

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Guaranty Federal Mortgage Guaranty Federal Mortgage (GFM) is a Mortgage Lender based in Frisco, Texas. Apply Today! NMLS #213947

10/16/2026

FHA is a great loan. It is also not the right loan for everyone, and I would rather you hear that before you apply.



Who should probably skip it:

1. Buyers with strong credit and a solid down payment. Conventional may price better, and conventional mortgage insurance can come off once you build enough equity.
2. Condo buyers whose building is not FHA approved. If the building is not on the list, FHA may not work for that unit.
3. Anyone buying a house that needs big repairs before move in. FHA has property condition standards, and a rough house can hold up your approval.
4. Buyers shopping above the FHA loan limit in their county. Limits are set by county and updated every year.
5. Anyone buying a place they will not live in. FHA is for your primary home.

Who it is great for: buyers who need more flexibility on credit or down payment, and want a loan built for getting started.

The best way to know is to see FHA and conventional side by side on your own numbers. That comparison is the first thing I run for most buyers.

Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

A great rate is worth fighting for. I will always tell you that.But nobody talks about their rate the day they get the k...
10/14/2026

A great rate is worth fighting for. I will always tell you that.

But nobody talks about their rate the day they get the keys. They talk about whether closing week felt calm or chaotic.

Here is what a good closing experience actually looks like:

1. You know what documents I need before I have to ask twice.
2. You hear from me before you have to chase me.
3. Your final numbers match what you were expecting, with no mystery fees.
4. Nothing new gets asked for the day before you sign.

If you are comparing lenders right now, ask each one how they handle the last two weeks before closing. The answer tells you a lot.

Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

Thank you so much to our wonderful client for taking the time to share such a heartfelt testimonial. Your words mean mo...
10/13/2026

Thank you so much to our wonderful client for taking the time to share such a heartfelt testimonial. Your words mean more than you know, and we’re incredibly grateful that you trusted the entire Guaranty Federal Mortgage team to be part of your homebuying journey.

A closing can involve countless moving pieces behind the scenes, especially when the timeline gets tight. We’re proud of the entire team who worked together to keep everything moving and help get our client to the closing table.

Most importantly, we’re grateful that you never felt like “just another file.” You were a person, a goal, and a dream, and we’re honored to have played a part in making it happen. 🎉

Thinking about buying a home?
Whether you’re just starting to explore your options or already have a home in mind, having the right mortgage team can make a difference.

📩 Have questions about home financing? Send us a message. Let’s talk about your next step.

10/12/2026

Down payment help isn’t always free money, here’s how to tell 👇

GRANT

Money toward your down payment or closing costs that usually does not have to be paid back.

Ask: Are there any conditions, like living in the home for a set time?

FORGIVABLE LOAN

A loan that goes away over time if you follow the rules, usually by living in the home for a set number of years.

Ask: What happens if I sell or refinance before it’s forgiven?

DEFERRED LOAN

No monthly payment now. The full amount comes due later, usually when you sell, refinance or pay off the mortgage.

Ask: When exactly is it due, and does the amount grow over time?

SECOND MORTGAGE

A second loan with its own monthly payment, on top of your first mortgage.

Ask: What is the payment, and what does it do to my total monthly cost?

The one question to ask before you accept any of them:

“Do I ever have to pay this back, and if so, when?”

Send me the name of the program you are looking at, and I will tell you in plain English which of these four it is.

Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

You may not know what tomorrow holds, but you can trust the God who already sees the way ahead. When you feel uncertain,...
10/11/2026

You may not know what tomorrow holds, but you can trust the God who already sees the way ahead. When you feel uncertain, ask Him for wisdom and allow His Word to guide your steps. He knows what you need, and His provision is never limited by your circumstances. Even in seasons of waiting, trust that He is leading you with purpose and caring for you along the way. Keep walking in faith, knowing that you are never without God's guidance, presence, and care.

Rock, paper, scissors, first time buyer edition.Every losing hand in this post is something I see all the time, and none...
10/09/2026

Rock, paper, scissors, first time buyer edition.

Every losing hand in this post is something I see all the time, and none of it comes from being careless. It’s just what happens when nobody walks you through the order of things before you start.

A few things worth knowing behind the winning hands:

A low rate on a quote is only part of the picture. Fees, the loan type and how long you plan to keep the home all change what the loan really costs you.

Pre-qualifying is a quick estimate. A full pre-approval means your income, assets and credit have actually been reviewed, so the number you shop with is one you can stand behind.

The paperwork gets a lot lighter when you know the whole list up front and send it together. A complete file usually moves faster, and you spend less time answering follow up emails.

Which round would you have lost? Be honest, I won’t judge.

Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

Your parents said, “We can help.”That is generous, but it is not yet a mortgage plan.Before anyone transfers money, firs...
10/07/2026

Your parents said, “We can help.”

That is generous, but it is not yet a mortgage plan.

Before anyone transfers money, first decide what problem you are trying to solve.

Here is how I would sort it out:

1️⃣ You qualify for the payment, but you are $15,000 short at closing.

A gift may be the cleanest option. Your lender may need a gift letter, proof that the donor had the funds, and a clear record of the transfer. If repayment is expected, say that upfront. A family loan is not the same as a gift, and the new payment could affect qualification.

2️⃣ You have enough cash, but your income does not support the loan amount.

A non-occupant co-borrower or co-signer may help with qualifying, depending on the loan program. Their income may help, but their credit, debts, and financial obligations are reviewed too.

They also become legally responsible for the mortgage if you do not pay. That debt may affect their ability to qualify for another loan later.

3️⃣ Your parent wants to help now, but you plan to remove them later.

Do not assume their name can simply be taken off. Removing a borrower usually requires a refinance or another option allowed by the loan servicer. Ask what would need to be true before you build the plan around that exit.

Use this quick test before choosing:

Need cash only? Ask about gift funds.

Need income to qualify? Compare the program rules for a non-occupant co-borrower or co-signer.

Need shared ownership? Discuss the loan and title together.

Expect repayment? Disclose it before the lender calculates your numbers.

Send this to the family group chat before anyone writes a check.

Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

There’s something special about hearing that a client felt supported, informed, and confident throughout the entire home...
10/06/2026

There’s something special about hearing that a client felt supported, informed, and confident throughout the entire home financing process.

Thank you so much for sharing your experience and for trusting Guaranty Federal Mortgage with your Texas home financing! ❤️

Your trust means so much to us, and we’re honored to be part of such an important milestone. Congratulations on your new Texas home!

Buying a home in Texas, whether you’re local or out of state?
Let’s make sure you have a mortgage team that keeps you informed from application to closing.

📩 Have questions about financing? Send us a message and let’s start the conversation.

10/05/2026

Your approval amount is a ceiling, not a spending goal.
A lender’s approval answers: “What could you qualify to borrow?”
Affordability answers a more important question: “What payment can you comfortably live with every month?”
Make sure the total payment leaves room for:
• Savings and emergencies
• Childcare and family expenses
• Repairs and maintenance
• Travel and other priorities
• A monthly buffer for real life
Then ask your mortgage pro to work backward from your comfortable payment, including the mortgage, property taxes, home insurance, and any HOA fees.
Send this to the person you’re planning to buy a home with

If we haven’t met yet, I’m Christopher Peck, your go-to mortgage professional in TX, CO, FL, & OK

There will be moments when doubt makes you question whether you should keep going. But don't let a difficult season make...
10/04/2026

There will be moments when doubt makes you question whether you should keep going. But don't let a difficult season make you forget how faithful God has been. Hold on to your faith, even when the answers haven't come and the breakthrough isn't visible yet. Your perseverance is not wasted, and God sees every step you take in trust and obedience. Keep your confidence in Him, because His promises are worth holding on to.

Address

6351 Preston Road Ste 125
Frisco, TX
75034

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

+19723340566

Website

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