Residential Mortgage Blog

Standard Mortgage Celebrates 100 Years of Service in the Residential Mortgage Industry

Written by Ella Baldwin | Jan 1, 2025 2:00:00 PM

Standard Mortgage, a trusted leader in the residential mortgage industry, is proud to announce its 100th anniversary in 2025—a milestone that highlights its long-standing commitment to homeownership. With fewer than 1,000 companies in the United States having reached this milestone, Standard Mortgage stands out as one of the nation's most enduring businesses.

Founded in 1925, Standard Mortgage began serving the greater New Orleans area by providing home loans to local residents. In 1964, the company was acquired by the Bright family. Under the leadership of Edgar (Pepper) Bright Jr., the company expanded across Louisiana, became one of the first Ginnie Mae Security issuers, and financed numerous commercial properties through its commercial licenses.

“Pepper Bright loved his Company and the City of New Orleans. He always said that owning and financing a home was one of the most significant achievements in life, offering both stability and cherished memories,” shared Marion Bright, Pepper’s wife. “Pepper was passionate about creating a business that gave back to the city he loved.”

Over the past century, Standard Mortgage has earned a reputation for expertise in originating and servicing mortgage loans secured by single-family homes. By building strong relationships with key investors, including Fannie Mae, Freddie Mac, FHA, and other capital sources, the company offers flexible, reliable financing options that meet the needs of today’s homebuyers.

Today, Standard Mortgage is licensed to originate and service single family loans in many states across the South, including Louisiana, Alabama, Arkansas, Florida, Georgia, Tennessee and Texas. This expansion reflects the company's continued dedication to helping clients achieve the dream of homeownership through personalized guidance and expert advice.

“Both success and growth of Standard Mortgage is a testament to the hard work and dedication of our exceptional team,” said Edgar Bright III, President of Standard Mortgage. “For 100 years, we’ve provided unmatched service and expertise, and we look forward to continuing that legacy for the next century.”

As an Equal Housing Lender, Standard Mortgage is committed to helping homebuyers across the South and beyond navigate the mortgage process with confidence and ease. Looking ahead, the company combines its deep industry knowledge with innovative approaches to deliver modern, tailored mortgage solutions for generations to come.

For more information about Standard Mortgage Corporation, a licensed lender and servicer, visit www.stanmor.com.