Standard Mortgage Blog

Fixed-rate mortgages are often chosen for their stability and predictability, offering homeowners the peace of mind that their interest rate will remain constant throughout the life of the loan. However, even with a fixed-rate mortgage, your monthly payment amount isn't always set in stone. Various factors can lead to fluctuations in your payment amount over the life of your loan.

Getting homeowner's insurance and keeping your lender informed of any changes to your coverage are essential measures in protecting your home. Timing is crucial to ensure you have enough coverage and that your lender is updated at every stage.

How does a mortgage work? What kind of home can I buy? These are common questions that homebuyers and homeowners constantly have running through their heads. If you are in the market for a home, your loan officer should be able to answer some critical questions. Here are five important questions to ask your lender.