Guild Mortgage Partners with Homium to Make Homeownership More Attainable With up to 40 Percent Down Payment Assistance Shared-Appreciation Mortgage

Audio By Carbonatix

SAN DIEGO--(BUSINESS WIRE)--Sep 22, 2025--

Guild Mortgage, in partnership with Homium, announced an expansion of shared-appreciation mortgage (SAM) financing for first-time homebuyers. By leveraging private capital in coordination with local housing agencies and nonprofits, this program delivers meaningful down payment assistance while preserving affordability and financial stability for new homeowners.

Homium’s Shared-Appreciation Mortgage (HSAM) provides borrowers with up to 40 percent of a home’s purchase price in down payment assistance, without adding monthly debt burden or requiring mortgage insurance. Instead, borrowers repay the same percentage of equity appreciation they received* when they sell or refinance, or at loan maturity. This structure broadens access for families historically locked out of homeownership while offering investors and housing agencies a sustainable way to recycle funds and expand impact.

The Guild-Homium partnership empowers buyers who may currently be locked out of homeownership by providing a fair, affordable way to finance the downpayment that otherwise stood as a barrier. Borrowers taking advantage of this unique program are able to purchase their first home without depleting their savings, resulting in financial stability as they build equity.

An initial program will launch in Detroit, sponsored by Detroit Pistons basketball veteran Tobias Harris, with financial support from the Michigan State Housing Development Authority (MSHDA) and certain mission-aligned nonprofits. Guild, Homium, MSHDA, and other local nonprofits will kick off the program with the Promise of Home Homebuyer Readiness Fair for future homeowners in Detroit on Saturday, Sept. 27. The event will take place at the Heilmann Recreation Center, 19601 Brock Avenue, Detroit, at 10 a.m.

Participation from Housing Finance Agencies (HFAs) and nonprofits are essential to the success of the Guild-Homium programs and speaks to the value that down payment assistance and attainable homeownership programs offer to cities and towns across the country.

“This program demonstrates how speed, innovation, and collaboration can reshape the market for affordable housing,” said David Battany, Executive Vice President of Capital Markets at Guild Mortgage. “By working quickly with local housing agencies and Homium, we’ve been able to bring a scalable model to market that strengthens opportunities for the missing middle to build wealth through homeownership.”

“Guild has been an outstanding partner in bringing shared-appreciation mortgages to market, and together we’re excited to launch the Tobias Harris Homeownership Initiative as our first program among many that help more families achieve homeownership in Detroit and across the country,” said Marcus Martin, CEO of Homium.

The Homium Shared Appreciation Mortgage is now available to eligible first-time homebuyers in select areas of Detroit as part of a pilot program, with plans to expand to additional markets.

Disclosure: Homium's Shared Appreciation Mortgage (HSAM) program offers a second mortgage to assist first-time homebuyers with down payment costs. The loan carries no interest and no monthly payments. Repayment is deferred until the home is sold, refinanced, or after 30 years. At that time, the borrower repays the original loan amount plus a share of any appreciation in the home’s value. If the home sells or appraises for less than its original value, the borrower repays only the principal and any applicable fees. Homium doesn’t share in losses but may share in gains. The borrower remains responsible for repaying the original loan amount. Must occupy the home as primary residence. State restrictions and eligibility requirements apply. Guild Mortgage is not affiliated with Homium, Inc. This is a brokered loan product that is a subordinate lien to a Guild Mortgage first mortgage. Homium, Inc.; Equal Housing Opportunity; Company NMLS ID 2442369.

About Homium

Homium bridges the homeownership affordability gap through shared appreciation financing that requires no monthly payments or interest, making homeownership more affordable and sustainable. Homium's financing is fair, simple, and transparent, enabling HFAs, municipalities, employers, and mission-driven orgs to invest in homeownership and create housing stability and generational wealth in communities across the United States. For more information, please visit https://www.homium.io.

About Guild Mortgage

Guild Mortgage Co. is a nationally recognized retail mortgage lender with branches across 49 states and the District of Columbia. Since 1960, Guild has delivered the promise of home to neighborhoods nationwide through a team of local loan officers with expertise in Conventional and government loans, down payment assistance programs, home equity loans and many more products. Guild elevates the customer service experience with its mobile app, borrower portal, mortgage calculators and real-time loan updates. With a robust in-house loan servicing team, Guild helps borrowers explore and understand rates and payment options or access their home equity. To learn more, visit GuildMortgage.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250922304513/en/

CONTACT: Media contact:

Adam O’Daniel

SVP, Chief Marketing Officer

[email protected]

704.251.4405

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENTERTAINMENT BASEBALL SPORTS FILM & MOTION PICTURES RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Guild Mortgage

Copyright Business Wire 2025.

PUB: 09/22/2025 03:23 PM/DISC: 09/22/2025 03:23 PM

http://www.businesswire.com/news/home/20250922304513/en