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Category: VA Loans (8 Articles)

October 17, 2024 | 1 minute read

An Introduction to VA Home Loans

Thank You For Serving Our Country Get up to 100% home financing as part of your military service benefits. VA Home Loans First and foremost, VA home loans are a benefit that America’s veterans and active duty ... More

First Time Homebuyer Loans and Programs
March 22, 2022 | 7 minute read

First-Time Homebuyer Loans and Programs

Which Loan Is Best for First-Time Homebuyers? If you’re thinking about becoming a first-time homebuyer, you are probably wondering about mortgages. How much does a first-time homebuyer have to put down? How can I get a first-time homebuyer’s loan with no credit? More

January 20, 2022 | 5 minute read

First-Time Homebuyer Qualifications and Benefits

What Are the Requirements for a First-Time Homebuyer Loan? Are you curious if you qualify as a first-time homebuyer? Good. Let's begin with this: you don’t need to be purchasing your first home to be a first-time homebuyer. Confused? Don’t be, and don’t allow a ... More

October 11, 2021 | 2 minute read

Mortgage Options for People with Bad Credit

When your credit score is low, your borrowing options are limited. But there is hope for your homebuying dream. Don’t get overwhelmed. There are programs available and people willing to help you. More

How Your Credit Score Affects Your Mortgage Rate
April 14, 2020 | 5 minute read

How Your Credit Score Affects Your Mortgage Rate

How Much Can I Borrow With a 700 Credit Score? A high credit score is your golden ticket to a low-interest rate home loan. So if you are among the nearly 58% of Americans with ... More

First-Time Homebuyer Down Payment Strategies
March 26, 2020 | 9 minute read

First-Time Homebuyer Down Payment Strategies

When deciding if you're ready to buy a home, the down payment is a top factor in the decision. Fortunately, there are first-time homebuyer down payment assistance programs and helpful tips that can make things easier. More

Blue Water Navy Vietnam Veteran’s Act of 2019
March 10, 2020 | 5 minute read

The New Rules of VA Home Loans for 2020

If you are an honorably discharged veteran of the US military or active duty personnel considering the purchase of a new home in 2020, recently announced changes to the Veteran’s Administration home loan rules that will increase what you’re allowed ... More

Military couple in new home
April 23, 2019 | 5 minute read

Understanding VA Home Loans

How Does a VA Loan Work? If you’re a service member and are looking to buy or refinance a home, consider applying for a VA home loan with Summit Mortgage. VA home loans are designed to help save ... More

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