Mortgage Myth: Pre-Qualification Means You’re Guaranteed The Loan Amount

  Mortgage Myth: “When you get pre-qualified with a mortgage lender, it means that you’ll be guaranteed the entire loan amount.” Truth: Pre-qualification is an important step in the loan process, it will not guarantee your actual loan amount.   … Continued

How to Prepare Your Home for an Appraisal

  Whether you are selling or refinancing, appraisals matter. If you are a homeowner trying to sell or refinance your property, here are a few tips to get your home in shipshape for that appraisal.   What is the Appraiser … Continued

Mortgage Myth: “All Mortgage Lenders Are the Same”

  Mortgage Myth: “All mortgage lenders offer the same programs and rates. I should get a loan with my bank because that will likely be most convenient.” At Summit Mortgage Corporation, we’ll be the first to tell you that mortgage … Continued