A Principal Residence Loan must be for the purchase or construction of a new home. It cannot be used for lease, rent, second mortgage or home improvement or to purchase land. To qualify, you must provide a copy of one of the following documents along with GuideStone’s loan application:
- Contract of sale
- Good faith estimate
- Purchase agreement
Note: A Principal Residence Loan may be taken for a maximum term of 10 years, provided you send GuideStone the required documentation mentioned above.
You may apply for a Principal Residence Loan by logging into your online MyGuideStone® account. Once logged in, you will find the loan tool by following the steps below:
1. Select the “Retirement and Investments” tab.
2. Click “Loans”.
3. Under "Loan Modeling", click “Model a Loan” to open the tool and follow the instructions. Be sure to choose the Principal Residence option under Loan Type to apply for a principal residence loan.
Learn more about how to apply for a loan.
Once you have obtained the required signature(s) and acquired the necessary documentation, use the Document Uploader to submit your documents to receive the fastest possible service.
If you have not created a MyGuideStone® account, you will need to go to MyGuideStone.org, click on “Register now with MyGuideStone” and follow the steps for registration.