by Summit Mortgage Corporation | Jun 15, 2018 | benefits of buying a home, Chris Jordan, HELOC, Home Buying Process, home equity, home equity line of credit, home loan options, home loans, second mortgage
Obtaining a second mortgage may be a useful tool when helping prospective buyers and current homeowners reach diverse financial goals. A second mortgage allows you to use any equity that you have in your home as security against another loan. Below are three...
by Summit Mortgage Corporation | Jun 15, 2018 | benefits of buying a home, Chris Jordan, HELOC, Home Buying Process, home equity, home equity line of credit, home loan options, home loans, second mortgage
Obtaining a second mortgage may be a useful tool when helping prospective buyers and current homeowners reach diverse financial goals. A second mortgage allows you to use any equity that you have in your home as security against another loan. Below are three...
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 | Jan 11, 2017 | Federal Housing Administration, FHA, FHA home loan, home buying, home loan options, home loans, HUD, Miles D. Rusth, Miles Rusth, mortgage, Mortgage Industry News, Mortgage Insurance Premium, mortgage news, reduced rates
Exciting news from the Federal Housing Administration (FHA)! The improving housing market has lead to the announcement that the annual Mortgage Insurance Premium (MIP), that most borrowers pay, will be reduced by a quarter of a percent. These new rates are...
by Summit Mortgage Corporation | Sep 12, 2016 | first-time buyers, first-time home buyers, home buying, home loan options, home loans, housing market, housing trends, mortgages, new home, Oregon, Portland, Portland housing market, Resources
Portland has one of the hottest real estate markets with home values rising to record heights. Navigating this complicated market can seem scary and overwhelming – especially to a first-time home buyer. But, it doesn’t have to be. Your first-time home buying...
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...
