If you have aging parents, it’s likely you’ve had conversations about their current and future living conditions. Most aging parents hope to stay in their home for as long as possible. Doing so helps them retain a sense of independence. However, they will likely reach a stage when ... More
What comes to mind when you think of a “starter home”? Historically, the terms “Cheap,” “run-down,” and “bad investment” may have popped up. However, in recent years first-time buyers are turning the notion of a More
You should never settle for less than your dream home. If you find one that’s “close enough” if it had a little tweak here or an improvement there, you can still finance a home and your improvements ... More
FHA Loans - A Low Down Payment Option A go to for first-time homebuyers, the FHA loan offers flexible qualifying and credit requirements along with a down payment as low as 3.5%. Also available for move up buyers! FHA ... More
With flexible qualifying, help from friends or family and down payments typically between as 0% and 5%, Summit Mortgage offers a variety of programs to choose from! Have questions? Want help getting started? Complete our Quick Start Form and we’ll connect you with ... More
Does my credit score impact how much money I can borrow? A high credit score is your golden ticket to the best rate available on your home loan, which does impact the monthly payment and therefore does impact how much you can borrow. So if you are among ... More
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
Do Second-Time or Move-up Homebuyers Need a Down Payment? The quick answer is yes, it is almost certain that you will need a down payment unless you are using a program that doesn't require down payment (such as VA ... More
