Standard Mortgage Blog

Buying a home is a big decision, and if it’s your first mortgage it may seem daunting. But don't worry, the experts at Standard Mortgage are here to help you understand what happens at a couple of the most important steps of the mortgage process. Underwriting and closing are critical aspects of your mortgage experience, let’s take a closer look at each one.

For most people, buying a home represents a considerable financial achievement. Even while the fundamentals of a mortgage, including the interest rate and monthly payments, may be obvious to many people, knowing how mortgage amortization works is important for your financial acumen. Let’s take a closer look at how amortization works.

Navigating Louisiana's Dynamic Real Estate Landscape

Fannie Mae's announced that its Desktop Underwrite (DU) system will include changes that increase the maximum allowable loan to value ratios for two-to-four-unit, principal residences. Come November 18, 2023, these guidelines will open doors with an impressive Loan-To-Value (LTV) ratio of up to 95% for 2–4-unit principal residence properties...