When selecting a bank for your mortgage, home equity, or home equity line of credit needs, you might not be thinking about promises your bank or lending company should keep. But you should…a mortgage is a long-term commitment! Have you ever done business with a bank that just gives attention to just the “big” customers? It happens, and often leaves customers feeling rushed and confused. That’s because not every lending institution makes guarantees about the quality of service all of their customers can expect—but Standard Bank does.
Did you know that the difference between the value of your home and any outstanding amount you owe on a mortgage can be used to finance your other goals or projects? Yes, you can use the equity you have already paid into your home as a separate loan called a home equity loan. That’s cash for you to use any […]
When you hear the words “Buy Local” you likely think about visiting the farmer’s market in your part of town or patronizing small businesses and restaurants on Main Street. Did you know that using your local community bank for your borrowing needs also supports these same businesses and organizations?
The great American dream for many people means owning their own home. To achieve this goal, most homeowners will need to take out a mortgage loan to cover the costs. Then, once you own your home, you’ll have more options for financing other life goals. But, how do you know what kind of loan you’ll need? Mortgages and home equity loans both use collateral (your house) to secure them. Which loan is appropriate depends on your needs. If you’re a first-time home buyer, you likely have many questions. Let’s break these down.