Standard Mortgage Blog

One requirement of a VA loan (Veteran’s Administration) is their funding fee.  This is a one-time payment that the Veteran, service member, or survivor pays on a VA-backed or VA-direct home loan. This fee helps lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn’t require a down payment or monthly mortgage insurance. This is a fee that is unique to VA mortgages and..

The path to homeownership might seem particularly steep in a world where recessions happen, home values continuously increase, and student loan and credit card debt seem to only go up. Members of our military and veterans of the United States may face an even steeper slope. Members of our military are often serving during the years that most non-military Americans are building their credit,..

At Standard Mortgage, one of the best ways we can give back and show our immense gratitude for active duty servicemembers and veterans is through helping these men, women, and their families achieve the joy and security of home ownership. VA loans exist expressly for this purpose, giving qualified candidates a more flexible path to purchasing a home and offering specific benefits for this special..