Preparing For a Down Payment: Year-End Savings Strategies
As the year comes to an end, you may be beginning to think about your financial goals for the new year. As aspiring homeowners, saving for a ... More
Down Payment Assistance Programs
Having a Hard Time Saving for a Down Payment? There are many programs available to help home buyers looking for some assistance with their down payment. Down Payment Assistance Programs For many More
Secrets to a Smooth Homebuying Experience
Successfully navigating the homebuying process requires careful planning and attention. There are many steps involved in obtaining a mortgage, and it may seem daunting at first, especially for first-time homebuyers. Having a team of trusted professionals by your side to guide you through the process can help make the experience ... More
Strategies for Securing a Lower Mortgage Rate
Mortgage interest rates are often at the forefront of homebuyers’ minds, and for good reason. For most homeowners, mortgage payments represent the largest monthly obligation in their budget. Even a small difference in rate can have a significant impact on monthly payment amounts, so getting the best deal is important! More
An Introduction to Low Down Payment Programs
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
Navigating a Low Inventory Housing Market
Even in an ideal market, finding the right home and getting an offer accepted can be a challenge for homebuyers. When inventory is low, it becomes even more crucial to have the right professionals by your side to ensure you have an effective strategy and understand how to compete in ... More
Pre-Pandemic Home Prices: What This Means for Buyers
In mid-2020, home price growth reached historic levels, with the year-over-year (YoY) index demonstrating a huge increase in property values. For much of the pandemic, mortgage rates were also at near-historic lows, which helped to offset some of the impacts of rapid home price growth. More
The Importance of Mortgage Pre-Approval in Today’s Market
During the home-buying process, you should find a property you like and then get a mortgage pre-approval, right? Not exactly. While both of those are important steps in your journey, getting pre-approved needs to be at the top ... More
