You have many options when you are ready to get a mortgage, but there are many things to keep in mind. If you are preparing to apply for a home loan, always begin by finding out if you qualify for a loan and how much you can borrow before beginning your home search. Your lender will consider many aspects to qualify you including your income, employment history, the cost of the home, your credit score, and your debt-to-income ratio. Summit Funding will help you find the best mortgage available to fit your needs.
Refinancing your home loan can give you a lower interest rate and monthly payment, it can be used to convert an ARM to a fixed rate loan, or it can be used to take cash out of the equity in your home. Summit Funding will help you decide if a refinance is a good option for you and can help you find the best rate on a refinance loan.
At Summit Funding, we want to build long-term relationships and offer stability to the community. We work with top-rated lenders and real estate agents to bring our customers the lowest home loan rates available. Contact us to get started, so we can match you with a loan that best fits your budget.
Do you have what it takes to get approved for a home loan? How much home can you afford to buy? A pre-approval from a lender will answer these questions and help you shop for a home that fits your budget. A pre-approval also makes the process of getting your loan faster and easier. If you are serious about getting a mortgage, it is a smart choice to get pre-approved for a loan.