Standard Mortgage Blog

Embarking on the exciting journey of house hunting requires careful consideration of various financial factors, including your creditworthiness. One aspect that can significantly affect your prequalification for a mortgage is the accumulation of new debt. Below are a few ways new debt influences the prequalification process and why potential homebuyers should exercise caution when taking on..

The process of buying a house may require a large amount of money for your down payment, depending on the mortgage product you select. If a generous relative has given you down payment money for a wedding or graduation gift it is important to know how to most appropriately use this gifted money to purchase a home. Understanding what gift funds can be used for, who can contribute them, and the..

Embarking on the homeownership journey is an exciting and sometimes daunting endeavor, especially for first-time homebuyers. In Louisiana, there are many programs, loans, and grants designed to help make the American dream of owning a home come to reality! Below is a comprehensive guide to help first-time homebuyers navigate the array of options available in Louisiana.