Standard Mortgage Blog

If you are planning on buying a home in a suburban or rural area, you may have more financing options beyond a conventional mortgage. The United States Department of Agriculture backs rural development loans to promote and increase economic development and homeownership in areas outside of metropolitan populations. This program can be very beneficial if the property you are looking at qualifies,..

A rural development loan is different from an FHA or conventional loan. Depending on the area that you are looking to purchase in, a USDA (or RD - rural development) loan offers many benefits. All mortgage products have different qualification criteria, but a great loan officer help you decide which product fits you best. Let’s take a closer look at what a USDA, or rural development loan, has to..

You may not see their commercials on national TV, or their name on an NBA arena, but when it comes to finding a mortgage lender to finance the purchase of, or refinance your home, locally based companies offer a lot of benefits. It used to be that huge, national mortgage companies could only offer services like online applications, customer service, and more; but today small and medium lenders..