Loan Optiuon

Every homebuyer has unique needs. Standard Mortgage strives to meet them with quality service and individual attention. We pride ourselves in giving you the mortgage information, loan options, and convenient assistance you’re looking for, including what to expect when you apply for a mortgage loan.

With a variety of loan programs and an established network of lenders behind us, we help you find the loan that best suits your needs and at a competitive rate.

Adjustable Rate Mortgages (ARM)

An adjustable rate mortgage (ARM) is based on a predetermined index and margin, which can go up or down at specified intervals based on the index.

Conventional Loans

A conventional loan must meet nationally standardized guidelines, such as income, credit, and property requirements. Loans are subject to amount limits set by Fannie Mae and Freddie Mac.

Federal Housing Administration (FHA)

The Federal Housing Administration — commonly referred to as HUD — issues loans that provide affordable mortgages to the average homebuyer.

Fixed Rate Mortgages

A fixed-rate mortgage is the most common type of mortgage program. Your monthly payments for interest and principal never change.

JUMBO

A jumbo loan, or non-conforming mortgage, is for homebuyers who expect to borrow more than $424,100 for single-family residences.

USDA Rural Development

A USDA Rural Development loan helps rural home buyers purchase a home with no down payment, low fixed rates, simple credit requirements, and the guarantee of the federal government.

Veterans Administration (VA)

Veterans Administration loans help veterans — including active duty service personnel and certain categories of spouses — finance the purchase of their homes with favorable loan terms.