USDA Income Limits Increase in Oregon, Washington & California

  Good news for qualified home buyers in Oregon, Washington, and California!   The U.S. Department of Agriculture (USDA) has announced an increase in income limits for qualified residents in many areas of the U.S., including Oregon, Washington, and California. … Continued

New Deconstruction Requirements for Historic Portland Homes & Buildings

  New deconstruction requirements for the City of Portland went into effect on October 31, 2016. What does this mean for Portland-area homeowners? A special demolition permit is required if you plan to fully deconstruct a home or building that … Continued

Buying a Home? Why Knowing Your Credit Score Matters

  Your Credit Score & Why It Matters
 Credit scores are important numbers derived from information found in your credit report. Your credit report and score shows lenders your credit history and helps them predict whether or not you will … Continued

Portland Home Value Report 2015 | Summit Mortgage Corporation

Portland’s high demand for housing in conjunction with depleted supply has continued to push home prices upward. According to a report by Zillow, home values in Portland rose by a 9.6% year-over-year increase from 2014. Portland had the largest annual … Continued

Miles Rusth – TILA-RESPA Integration

Impacts of TILA-RESPA Integration for Home Buyers Outlined by Miles D. Rusth On October 3rd of 2015, there will be some major changes to the mortgage industry. In accordance with guidelines set by the Dodd-Frank Act, the Truth in Lending … Continued