Standard Mortgage Blog

If you have a conventional mortgage and are looking to lower your monthly payment without going through a refinance, a mortgage recast modification may be an option. Most lenders will allow you to make a one time lump sum payment toward your principal balance. The minimum curtailment payment applied to the principal of a loan must be the greater of $5,000 or 10% of the current principal..

The home buying process is exactly that; a process.  While it may seem complicated, our loan officers at Standard Mortgage are here to help guide you through the process. Before you begin shopping for a new home, it’s vital to have your financing lined up.  Below we outline the necessary steps for obtaining a mortgage for your new home and we will ensure you have a smooth experience!

When looking for a new home there are a lot of things to consider.  From the location, commute time, school, size, price, style, and space the options seem limitless.  Choosing a mortgage is similar.   There are several factors that will influence your decision to purchase a home and there are a variety of considerations when deciding which mortgage is right for you. While the goal of each..