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Standard Mortgage Blog

VA Loans

VA Home Loans: Lower Funding Fee Begin in 2023

One requirement of a VA loan (Veteran’s Administration) is their funding fee.  This is a one-time payment that the Veteran, service member, or survivor pays on a VA-backed or VA-direct home loan. This fee helps lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn’t require a down payment or monthly mortgage insurance. This is a fee that is unique to VA mortgages and..

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Standard Mortgage Corporation Expands Licensing into Virginia

Standard Mortgage Corporation has expanded its mortgage licensing to a 15th state, Virginia. Vice President, Gordy Bright will be able to serve clients with their purchasing and refinancing needs in the state of Virginia. Gordy has an MBA from Southern Methodist University and is a licensed mortgage originator (NMLS#1396360) in Virginia, Colorado, Texas, and Louisiana.

Standard Mortgage, serves..

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Standard Mortgage Recognized as a Top Lender by the Louisiana Housing Corporation

The Louisiana Housing Corporation's goal is to give every resident of Louisiana the chance to find a safe, affordable, energy-efficient home. LHC’s committed team administers federal and state funds through state housing programs to support working families in realizing their housing aspirations. They offer mortgage products that have down payment and closing cost assistance, resilience soft..

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