We have a simple yet elegant philosophy:  Eliminate points and fees from our customer’s loans.  Eliminate the big commissions of a loan officer by eliminating the loan officer altogether from loan transaction.  Costs are kept to a minimum by originating loans at our office with a low overhead approach.  We can then pass the savings onto our customers! 

You won’t see big billboards or television commercials about United Standard Funding.  Who do you think pays for all of the heavy and expensive advertising that many companies spend money on?  The customer, that’s who!

Why is it that other banks or mortgage companies still refuse to do this?  (do what?)  It is because they successfully make lots of money by  making their borrowers pay points and fees each time they refinance.

What we offer:

• No “points” or origination fees added to your loan or paid out of pocket!
• No big loan officer commissions because there is no loan officer to pay!
• No closing costs added to your loan or paid out of pocket!  Closing costs include typical items such as title fees, escrow fees, processing fees, administration fees, and many other fees which usually add big dollars to your loan balance.

The process is really quite painless.  All you have to do is give us a call and our staff will be happy to assist you.  Please be aware that there is no obligation and we are delighted to answer any questions you may have!

SEE CASE STUDY BELOW

It is never a good idea to pay upfront points and fees.  after we go over your loan with you, you will know why.

 Let’s say that you have a loan for $300K, a fixed rate of 6.625%, and a payment of $1921 per month.  You want to take $5K cash out, and refinance into a lower fixed rate.  So first, you talk to United Standard Funding and we offer you a new loan of $305K at 6.25% with a payment of $1878 per month.  This gives you a savings of $43 dollars per month which is pretty good.  Then at one point you decide to call the bank where you’ve been a customer for several years.  After talking to them, they are able to offer you the same loan of $310K at 6% with a payment of $1858 per month.  It turns out that your bank can save you $20 more per month and you think to yourself that this is the better way to go.  But what is your new loan amount at the bank?  They raised your loan amount by $5000 dollars, and that comes in the form of fees and costs that you would be obligated to pay.  Just to save $20 dollars, you paid $5000 dollars, is it worth it?  Well let’s see, if you were to take 5000 and divide it by 20 that would give you 250.  That means it would take you 250 months just to recoup from your investment, and the chances of you keeping that loan for the next twenty one years is pretty slim.  So it’s always our advice that you always check just how much you are being charged up front as well as the interest rate.