5 Questions Unmarried Couples Should Ask before Buying a Home

Roughly 9% of all U.S. homebuyers in 2020 were unmarried couples. If you and your partner are considering a house purchase before tying the knot, there are some important questions you should ask yourself to see if it makes sense.   How does the law see our purchase? In a few states, you are considered
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Creative Ways to Avoid Paying Closing Costs

Here are a few creative ways to pay for your closing costs without waiting and saving even more. You finally saved up enough for a down payment and you can almost taste being a homeowner, but then you hear about closing costs. Coming up with a few extra thousand dollars sounds impossible. Before you give
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How to Avoid Delays in Your Home Buying Process

In today’s hot seller’s market, it may be difficult to find and buy a home as quickly as you would like. While all factors are not within your control, there are several things you can do to speed the process along and avoid major delays. Get Pre-approved In a competitive housing market, no seller will
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Mortgage Loan Options: What you need to know to get the RIGHT loan for YOU!

Home Loan Options
What do you know about home loans? Whether seeking to get pre-approved for a home loan as a first-time homebuyer or learn the process of how to buy a house, knowing what mortgage loan options you have available is an important part of the process.  As a home buyer looking to find a home loan,
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Home Loans and Teamwork—It Makes the Dream Work!

Trying to get pre-approved for a mortgage? Seeking to understand the mortgage pre-approval process? Looking to buy your first home? Whatever your home loan goals are, it will take a team to accomplish them. Think of your home loan process as a puzzle. There are many pieces, and they must all fit together in order
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The Top 4 Reasons You Should Get a VA Loan

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
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Should I Pay Mortgage Points?

If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. How do you know whether to pay points or not? Here’s a quick
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Think You Can’t Buy A House Because of a Your Financial Past? Give Us A Try!

Donald was referred to us by his banker after they denied him due to his financial history. Hey let’s face it, we all go through hard times. What’s history is history! This time was not going to be another hard time, but a blessed one. Donald’s banker suggested that he go to Summit Funding to
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Important Changes in FHA MIP Calculations

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
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Why the New Construction Market is Gaining Strength

In the years following the local housing rush which followed Hurricane Katrina, many home builders have lived through a dramatic slowdown in St. Tammany new construction market. Some experts attribute this to the rapid influx of post-Katrina new residents, and others to the general slowdown in the housing market which has affected the rest of
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