Standard Mortgage Blog

Deciding whether to pay off your debt or save for a down payment on a home can be challenging. Determining which option is right for you takes time and effort, especially with a tight budget. However, there are several factors that you should consider to make an informed and wise decision.

Owning a home with a low interest rate is a financial advantage that people may not fully appreciate. Your fixed-rate mortgage, in the 2%-3% range, is more than just a financial obligation—it's an asset. The Wall Street Journal recently highlighted the unique value of this asset, shedding light on the potential benefits of viewing your mortgage from a different perspective.

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.