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Category: Mortgage Industry News

Common Credit Score Myths Corrected

Posted on July 1, 2019 by Summit Mortgage Corporation

Your credit score is a driving force when it comes to what mortgage program you may be eligible for, what your interest rate will be and other important factors. Many people believe that they can’t get a home due to … Continued

Posted in Mortgage Industry News

100% Financing Loan Options

Posted on May 1, 2019 by Summit Mortgage Corporation

Are you thinking about purchasing your first home and looking for 100% financing loan solutions? Many aspiring homeowners are eager to invest in a house of their own, but grow discouraged by hefty down-payments. This is understandable as coming up … Continued

Posted in Mortgage Industry News

Upcoming Events in Portland and Vancouver

Posted on January 18, 2019 by Summit Mortgage Corporation

  FEBRUARY 2/1–2 Portland Seafood and Wine Festival 2/16-17 Valentine’s Day Weekend Tour 2/20-3/3 Biamp PDX Jazz Festival 2/21–24 Portland Spring Home and Garden Show 2/24 Vancouver Lake Half Marathon MARCH 3/1-3 Washington State Horse Expo 3/22–5/5 Wooden Shoe Tulip … Continued

Posted in Mortgage Industry News

Mortgage Myth: “Interest rate and APR are the same thing.”

Posted on September 14, 2018 by Summit Mortgage Corporation

Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate … Continued

Posted in Mortgage Industry News

Prevent Mortgage Wire Fraud Before It’s Too Late

Posted on July 27, 2018 by Summit Mortgage Corporation

Wire transfer fraud crimes are on the rise, and home buyers are increasingly at risk. With cyber-criminal scams that frequently target real estate transactions, it’s crucial that you identify red flags to avoid getting scammed. Email hacking is a tool … Continued

Posted in Mortgage Industry News
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SUMMIT MORTGAGE CORPORATION | NMLS 3236 • Equal Housing Opportunity
Licensed in CA by the Department of Business Oversight. Loans will be arranged or made pursuant to the California Financing Law. Questions and concerns may be directed to support@go-summit.com. NMLS Consumer Access – Summit Mortgage Corporation/3236. Credit on approval. Terms subject to change without notice. Not a commitment to lend.

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