by Summit Mortgage Corporation | Jul 13, 2018 | home buying, Home Buying Process, home loan, home loan process, mortgage, Mortgage Myths, pre-qualified
Mortgage Myth: “The home loan process is complex and confusing. I don’t know where to start with home financing or who to talk to in order to begin the process of buying a home.” Truth: Buying a home may be the biggest investment you’ll make in your lifetime,...
by Summit Mortgage Corporation | Jul 13, 2018 | home buying, Home Buying Process, home loan, home loan process, mortgage, Mortgage Myths, pre-qualified
Mortgage Myth: “The home loan process is complex and confusing. I don’t know where to start with home financing or who to talk to in order to begin the process of buying a home.” Truth: Buying a home may be the biggest investment you’ll make in your lifetime,...
by Summit Mortgage Corporation | Aug 20, 2016 | best mortgage rates, credit score, debt-to-income ratio, down payment, Home Buying Process, home loan, home loan options, mortgage application process, mortgage rate, mortgage rates
What qualifies you for the best interest rate? This is a multilayered question that doesn’t have just one simple answer. Qualifying for the best mortgage loan isn’t just a matter of comparison shopping. Qualifying for the best mortgage loan is about planning...
by Summit Mortgage Corporation | Jun 27, 2016 | Brexit, Home Buying Process, home financing, home loan, housing market, Industry News, mortgage, mortgages, refinancing
While we’re separated from the U.K. by an entire ocean, it still won’t stop ‘Brexit’ from having an impact on many elements of global and United States finance – which includes the real estate market. Britain’s decision to leave the European Union (EU) has...
by Summit Mortgage Corporation | May 20, 2016 | home loan, mortgage, piggyback mortgage, Resources
Simply put, a piggyback loan is a second mortgage or lien on top of the first mortgage. Hence the term, “piggyback”. One of the loans makes up the larger portion of the home’s value and the second loan makes up for whatever cash is needed to make up the standard...
