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Find a Location

Standard Mortgage Corporation has 4 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Standard Mortgage Corporation

      701 Poydras St Ste 300 Plaza New Orleans, LA 70139-0300

      BBB Accredited Business
    • Standard Mortgage Corporation

      110 Veterans Memorial Blvd Ste 430 Metairie, LA 70005-4966

      BBB Accredited Business
    • Standard Mortgage Corporation

      1401 Gause Blvd Slidell, LA 70458-2205

      BBB Accredited Business
    • Standard Mortgage Corporation

      2 Sanctuary Blvd Ste 201 Mandeville, LA 70471-2968

      BBB Accredited Business

    Business ProfileforStandard Mortgage Corporation

    Mortgage Lenders
    Multi Location Business
    BBB accredited business

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 6 Customer Reviews

    Customer Complaints

    9 complaints closed in last 3 years

    4 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 12/1/1969

    Years in Business: 59

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Overview

    We originate and service mortgage loans secured by single-family residential properties. 
     

    Products & Services

    Conventional, FHA, VA, USDA-RD, Conventional, FHA, VA, USDA-RD

    Business Details

    This is a multi-location business.

    Find a Location

    Standard Mortgage Corporation has 4 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Standard Mortgage Corporation

        701 Poydras St Ste 300 Plaza New Orleans, LA 70139-0300

        BBB Accredited Business
      • Standard Mortgage Corporation

        110 Veterans Memorial Blvd Ste 430 Metairie, LA 70005-4966

        BBB Accredited Business
      • Standard Mortgage Corporation

        1401 Gause Blvd Slidell, LA 70458-2205

        BBB Accredited Business
      • Standard Mortgage Corporation

        2 Sanctuary Blvd Ste 201 Mandeville, LA 70471-2968

        BBB Accredited Business
      Location of This Business
      701 Poydras St Ste 300 Plaza, New Orleans, LA 70139-0300
      BBB File Opened:
      10/1/1969
      Years in Business:
      59
      Business Started:
      8/1/1964
      Accredited Since:
      12/1/1969
      Type of Entity:
      Corporation
      Additional Contact Information

      Phone Numbers

      Email Addresses

      Customer Complaints

      9 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      10/20/2023

      Complaint Type:
      Billing Issues
      Status:
      Answered
      I have my mortgage on my home (mobile home) with Standard Mortgage. I have my mortgage payments set up on automatic pay with my bank ************** and have always had it set on auto pay. In March a woman with Standard Mortgage called my mother and said the payment had increased before the end of the year and an additional payment of $308 dollars needed to be made to bring the account to current standing. My mother authorized the payment and it was taken from my account and she logged on immediately and changed the payment amount for deduction to the current increased amount of my mortgage payment. Soon after this I started being contacted each month by a phone call saying that my payment was past due. I kept telling them that it was on auto pay and all payments had been made and taken out of my account. The guy I spoke with, *****************************, (He was the one that always called me and sent emails) was very rude when I would tell him that my payments were on auto and I was not behind. I have all my emails sent to my mother's email address because I don't do much on the computer. She sent emails back to ***************************** explaining that all payments had been made and taken from my account. They continued to call and harass me each month. Finally, a representative named, *****************************, called and spoke with me and my mom one day. She had printed off all of my bank statements for the past year and highlighted each payment that had been made through auto pay and all had been made. She went through month by month, payment by payment with ****** (and he was very kind and courteous). They found that one payment was made the first of December 2022 and the January 2023 payment was deducted the end of December 2022 so all payments HAD been made. He put us on hold and went to speak with his manager (****). When he returned he said that the manager said one of the payments (apparently that payment at the end of December, since there were two made that month, had been posted wrong and was taken off the end of the interest, so I still needed to make an additional payment for me to be caught up. I am sorry, but that is not my responsibility because they supposedly posted incorrectly. The last time they called, they said it was affecting my credit and now I am two payments behind. How? And if the additional payment of $308 in March caught my account up, then how did the problem start with a check being posted incorrectly the end of December? It appears to possibly be a scam/fraud, I do not think this is appropriate business technique. I want them to fix the problem on their end and then fix the damage they have made to my credit report.

      Customer Reviews

      6 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Scott S

      1 star

      12/02/2023

      I think they have a side scam running in Escrow. 60, totally disabled, fixed income with a fund for the Mortgage, which has no Dec payment left. Opportunity must have been right, I was paying **** for Homeowners, and **** per month. Fund earns over 2, so not much wiggle room. No reason to worry but why have they sent a new Payment book?Due in 2 days is over ******* for 4 months! Huh, oh your homeowners went from 4-9000 and we paid it. So see ya, basically. It was end of July before they cancelled it and I had bought a ******* new policy elsewhere and STD paid. Note should drop to ****? Fine by me. They refused quietly, to tell me how I can trust them with the redistribution of that money. Just let us refigure. Progressive wrote it to me and warned me not to give Std a cent until I get the accounting. Man they didnt bother, and they all, prolly 8 calls or more, said, we wont know until your Escrow is refigured. I was under State Farm only and told I had obtained a large refund, since August. A challenge was issued, not only will we keep charging, we wont say why. Well I finally found out. ******, Mrs ********** tried to get me to pay both Oct/Nov at ******* and shed refigure my note, READY FOR DEC 1. What? I told you I have the check. She offered up a much lower new payment of ******* waay more than I saved. So, she was extorting me for that bulk check and forget my ****, refund, she planned to spoon ************ slowly. No cash, no accountability, no escrow explanation. T This new note will shut him up. Really? Im paying their increases from their portion, its all I can do, more than they deserve.

      Standard Mortgage Corporation Response

      12/12/2023

      Thank you for being a Standard Mortgage Corporation (SMC) customer. As with many in south *********, your homeowners insurance policy premium doubled, which resulted in an escrow shortage and monthly payment increase after SMC paid the premium to your insurance carrier. You subsequently obtained a new homeowners policy with a new carrier and SMC submitted that premium payment also, which further increased your shortage, deficiency, and monthly payment. After you cancelled the previous policy, the insurance carrier issued you a refund check and SMC advised you, multiple times, to deposit the check into your escrow account to offset the shortage and lower your payment. However, your prior carrier misadvised you not to send SMC the check. Following your conversations with the ******************** Manager, you made payments, satisfied the shortage and your payment has been reduced.

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