by Summit Mortgage Corporation | Aug 14, 2018 | Mortgage Myths
Mortgage Myth: “Renting a home is cheaper than buying a home in the long run.” Truth: Renting and home ownership come with their own unique benefits. In deciding which route is right for you, it is important to assess your financial position, as well as your personal...
by Summit Mortgage Corporation | Aug 14, 2018 | Mortgage Myths
Mortgage Myth: “Renting a home is cheaper than buying a home in the long run.” Truth: Renting and home ownership come with their own unique benefits. In deciding which route is right for you, it is important to assess your financial position, as well as your personal...
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 | Jun 8, 2018 | credit, credit score, Home Buying Process, homeownership, Mortgage Myth, Mortgage Myths
Mortgage Myth: “My credit score isn’t perfect. I don’t think I’ll be able to qualify for a home loan.” Truth: Your credit score doesn’t need to be perfect in order to qualify for a mortgage. Lenders will look at your whole financial package when assessing your...
by Summit Mortgage Corporation | May 18, 2018 | home loan process, mortgage lender, Mortgage Myth, Mortgage Myths, Oregon, Portland, pre-qualification, pre-qualified, Vancouver, Washington
Mortgage Myth: “When you get pre-qualified with a mortgage lender, it means that you’ll be guaranteed the entire loan amount.” Truth: Pre-qualification is an important step in the loan process, it will not guarantee your actual loan amount. Getting...
