Standard Mortgage Blog

A jumbo loan is a loan exceeding the conforming loan limit  set by the Federal Housing Finance Agency (FHFA). This year, in most parts of the country, that limit is $484,350. If you are looking for a large home or a home in a pricier area, a jumbo mortgage may fit your financing needs. You’ll need to be aware of some of the requirements you need in order to qualify for the jumbo loan.  

Committing to the purchase of your first home can be an overwhelming process.  If you are a qualifying member of the armed forces, a Veteran or qualifying spouse, a VA loan may offer more lenient income and credit requirements.  Backed by the Department of Veteran’s Affairs, VA loans exist to help renters become homeowners.  Here’s what you need to do to take advantage of this fantastic opportunity.

The path to homeownership might seem particularly steep in a world where recessions happen, home values continuously increase, and student loan and credit card debt seem to only go up. Members of our military and veterans of the United States may face an even steeper slope. Members of our military are often serving during the years that most non-military Americans are building their credit,..