by Summit Mortgage Corporation | Jan 19, 2018 | debt-to-income ratio, Fannie Mae, home buying, Home Buying Process, home loans, Mortgage Myths, Oregon, student loan debt, student loans, Washington
Mortgage Myth: “College was expensive and, as a result, I have a lot of student loan debt. There’s no way that I’ll be able to buy a home in the near future!” If you have student loan debt, you’re not alone. In fact, you’re in the good company of over 40 million...
by Summit Mortgage Corporation | Jul 24, 2017 | condominiums, condos, condos in Portland, Home Buying Process, homeownership, Oregon, Portland, Sue Weaver, Trulia, Vancouver, Washington
With so many home options available, it can be hard to choose the right one. Often times overlooked are condos and townhomes. Condos in Portland or Vancouver are great for investors or even retirees, but why not a condo for a first-time home buyer or even a...
by Summit Mortgage Corporation | Jun 29, 2017 | Deb McElveny Home Loans, Debra McElveny, Home Buying Process, Oregon, The VABA, The Veterans Advocacy and Benefits Association, U.S. military, VA home loans, Veterans, Veterans Affairs home loans, Washington
Senior Mortgage Banker, Debra McElveny, is an accredited member of The Veterans Advocacy and Benefits Association. One of Deb’s passions is helping our American heroes with home financing needs and providing our veterans with valuable resources, like The...
by Summit Mortgage Corporation | Jun 28, 2017 | buying a home, equity, home buying, Home Buying Process, homeownership, mortgage, Oregon, Portland, rent vs. buy, Sue Weaver, Trulia, Vancouver, Washington
The economy is strong and jobs are plentiful in Portland. In fact, the current unemployment rate here as of April 2017 was 3.4 percent, a full 1.3 percentage points lower than the national average. So why be a renter? Not only is it cheaper to buy than rent in...
by Summit Mortgage Corporation | Jun 2, 2017 | Deb McElveny, Debra McElveny, Home Buying Process, home loan options, mortgage options, self-employed, self-employed home loans
“Are there loan options for me if I’m self-employed?” While it can be challenging for self-employed folks to get a home loan, there are options available – and Summit Mortgage Corporation can help! Senior Mortgage Banker, Deb McElveny,...
by Summit Mortgage Corporation | May 19, 2017 | Deb McElveny, Deb McElveny Home Loans, Debra McElveny, Home Buyer Education Seminar, Home Buying Process, homeownership, Oregon, rural home loan, USDA, USDA Guaranteed Rural Development Loan, USDA home loan, Washington
“What is the USDA Guaranteed Rural Development Loan?” If you’re feeling the crunch of escalating home prices in Oregon and Washington, the USDA Guaranteed Rural Development home loan might be the right option for you and your family. USDA home...
