Standard Mortgage Blog

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.

When purchasing a home, one of the most important factors to consider is the home loan limit. This determines the maximum amount of money that you can borrow to finance your mortgage. Loan limits vary depending on several factors, including your location, the type of loan, and current market conditions.

Your offer has been accepted, your loan approved, and you're on track to owning your new home. The final step is bringing the required cash to close and completing the necessary paperwork. On closing day, you’ll need funds not only for your down payment but also to cover closing costs, which typically range from 2-5% of the home’s purchase price. For a $300,000 loan, that means an additional..