What Are Mortgage Origination Fees?
Monday, 14 February 2022
As a first-time homebuyer, there may be many mortgage terms that sound foreign to you. For example, when you start looking at interest rates offered by lenders, they will often be accompanied by a number of “points” or “origination fees.” What are these extra fees and do you have to pay them? Mortgage Origination Fees
- Published in home loan, Choosing a Lender, home mortgage, Lender, loan, Purchasing a home
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The Top 4 Reasons You Should Get a VA Loan
Wednesday, 01 August 2018
If you are a military veteran or are currently serving active-duty, there is an incredible mortgage loan available to you through the Department of Veterans Affairs – the VA loan. VA mortgages are made through regular lenders but backed by the Department of Veteran Affairs, reducing the risk to the lenders themselves. Here are the
20% Down Loan Assistance Program
Monday, 22 December 2014
When it comes to purchasing a home, the entire process can seem daunting. First you have to go through the realtor to make an offer, then you have to figure out how you are going to come up with the down payment. You are sure to have plenty of questions, but if you are working
New Low Interest Rates for Qualified Applicants
Monday, 08 December 2014
If you are in the market for a new home, you have come to the right place. No matter what your situation, income, or potential issues that you think you may have, at Summit Funding it is our goal to help you get where you want to be – owning your own home. If you’ve
Important Changes in FHA MIP Calculations
Thursday, 25 April 2013
FHA loans have grown substantially over the past decade, primarily because of the benefits that these loans offer to families with low to modest budgets. The perks to choosing an FHA loan, one that is backed by the Federal Housing Administration, are plentiful and include lower down payments, more forgiveness toward poor credit and the
- Published in Advice, Checking rates, home loan, home loan, home mortgage, Home Ownership, Home Prices, Housing, Lender, loan, Mortgage, mortgage, mortgage calculator, mortgage insurance, mortgage payment, refinance
Fixed Rate and Adjustable Rate Mortgages: What You Should Know
Monday, 02 April 2012
There are a variety of mortgage loans that are available to homeowners who want to purchase a home. It’s important to be aware of the various loan options so that you can make the best decision based on your long term goals and the monthly payment you can afford. Here are the top five mortgages
- Published in Advice, home loan, home mortgage, mortgage, mortgage calculator, mortgage payment, Tips
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