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 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 24, 2018 | Community Events, Oregon, Portland, Spokane, summer, Summer 2018, summer events, Vancouver, Washington
Summer Events in Oregon & Washington Summer is finally heating up in the Portland, Vancouver, and Spokane areas! We have this year’s round-up of the best summer events to help you start filling your calendar. Take a look at our calendar for any...
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...
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...
