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Tag: VA Loans (7 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

Military couple in new home
May 5, 2024 | 5 minute read

Understanding VA Home Loans

How Does a Veteran's Affairs (VA) Loan Work? If you’re an eligible 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 ... More

Blue Water Navy Vietnam Veteran’s Act of 2019
April 17, 2024 | 3 minute read

The New Rules of VA Home Loans

The Veteran's Administration works hard to ensure their requirements to qualify for home loan benefits is regularly reviewed and in recent years have made a few significant changes that you may not be aware of. If you are a veteran, an active duty service member, reserve or national guard member, ... More

April 1, 2024 | 5 minute read

How Your Credit Score Affects Your Mortgage Rate

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

First-Time Homebuyer Down Payment Strategies
March 26, 2024 | 10 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

January 17, 2024 | 1 minute read

Mortgage Options for People with Below Average 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

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

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