Home loans are not one-size-fits-all.

At Summit Mortgage Corporation, we have many different home loan options to help you find the right mortgage for your situation. If you’re a family looking for a loan for the house you will raise your kids in, you’re probably going to be looking at a different type of mortgage than a wealthy individual looking to invest in Oregon or Washington real estate. Our mortgage bankers can help you decide on the right loan for your unique situation.

Click on a home loan option below to learn more.

Conventional Home Loans
Conventional home loans are mortgages that conform to established guidelines for the size of the loan and specific financial situation. Conventional home loans are the most commonly used and most widely known loan types. These home loans are often FIXED-RATE or ADJUSTABLE-RATE MORTGAGES (ARM).
Refinancing Home Loans
Refinancing a home is a reassessment of your current home loan in order to possibly obtain a better loan term and interest rate. Refinancing your home loan is all about the bottom line: What will it cost and will it make financial sense for you?
Home Equity Loans & Lines Of Credit
Home equity loans and lines of credit provide homeowners with the financial flexibility to pay for things like renovations, college tuition, credit card debt, and much more.
Obtaining a home loan in a different state can be a challenging process and may take a bit longer than if you were to apply for a mortgage in your home state. Summit Mortgage Corporation has the right tools and resources to help you with the relocation process.

Jumbo home loans are loans whose amount exceed conforming loan limits set by Fannie Mae and Freddie Mac. A jumbo home loan helps qualifying home buyers purchase a high-priced or luxury home.

Conforming High Balance Home Loans

High-balance loans are conventional mortgages in which the loan amount exceeds conforming loan limits, but does not exceed loan limits for the high-cost area where the property is located. These loans are for high-cost areas like San Francisco, Los Angeles, San Diego, etc.

Construction & Lot Loans
Construction finance is a specialized field. Construction loans have special guidelines and include monitoring to ensure timely completion so your repayment can begin promptly.
Remodel & Rehab Loans
Remodel and rehab loans allow homeowners or home buyers to finance the purchase or refinance with the renovation of a home through a single mortgage. These programs allow homeowners or home buyers to borrow based on the home’s expected value after the renovations are completed.
Residential Investment Loans

Investment properties can be a great way to blend fun vacations with sound investing. Residential investment loans may be for you if you’re dreaming about vacation homeownership near your favorite location or buying a rental home.

Reverse Mortgages
Reverse mortgages, also known as Home Equity Conversion Mortgages (HECM), are excellent mortgage programs that allow borrowers aged 62-years and older to withdraw equity on their home.
Self-Employed Home Loans
Self-employed individuals can qualify for home loans in today’s tougher lending environment. We understand the entrepreneurial spirit of the Northwest and specialize in mortgage loan programs for self-employed borrowers.
Energy Efficient Mortgages (Green Home Loans)
An Energy Efficient Mortgage (EEM) or Green Home Loan, is an emerging option for the environmentally friendly and energy-conscious borrower. Energy Efficient Mortgages are offered under a variety of lending programs, including FHA, VA, and Freddie Mac.
EnergySpark Home Loan Program
The EnergySpark home loan is a type of Energy Efficient Mortgage (EEM) and is among the newest and greenest home loan programs from the Washington State Housing Finance Commission.
FHA Home Loans
FHA home loans are designed for people who want to own a home, but don’t have enough saved up for a conventional loan. You might have to pay a little bit more in the long run because of higher interest rates and mortgage insurance, but this can be an affordable option to buy a your dream home a little bit more quickly.
VA Home Loans
Veterans Affairs (VA) home loans are mortgages designed to offer long-term financing to eligible veterans (or surviving spouses) of the United States military.
USDA Home Loans
U.S. Department of Agriculture (USDA) home loans are special loans designed for eligible properties in rural areas. These home loans provide affordable homeownership opportunities with the benefits of zero down payment and fixed interest rates.
Good Neighbor Next Door Program
The Good Neighbor Next Door (GNND) program is a HUD-sponsored incentive that offers a 50% discount on the list price of eligible single family homes for law enforcement officers, pre-Kindergarten through 12th grade teachers, firefighters, and emergency medical technicians.
Home Advantage Loan Program
Home Advantage is a program from the state of Washington that offers below market interest rates for qualified low- to moderate-income home buyers.
House Key Opportunity Loan Program
House Key Opportunity is a program funded by the state of Washington and offers below market interest rates for a select group of first-time home buyers and is often combined with a second mortgage for down payment assistance.
Niche Products
Niche products are less common types of mortgages. We specialize in a variety of niche products and are able to provide options for your unique financial situation.




step one: application

Start the process by choosing to apply online, over the phone with one of our Senior Mortgage Bankers or stop by in person. We’d love to see you! Together, we evaluate your situation to find the most beneficial solution.

step two: processing

The processing step of the home loan application
process involves gathering the required information
in order to help you obtain your specific loan.

step three: underwriting

Next, we underwrite your loan. During this step, our
underwriting professionals will carefully go through
each document submitted and verify the information.

step four: funding

We then schedule the signing of your loan documents.
During the closing, you will sign the final loan documents
and the funding will typically occur in 24 to 72 hours.

step five: celebrate!

The final and most important step is to
celebrate! Whatever your goal, we celebrate
the fact that we reached it together!

Ready to get started?


Navigate the intricacies of homeownership expenses with our monthly payment calculator.

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Loan Documents

The list below includes common items that are required to obtain home loan financing. These items help verify the information on your application and are required to make a credit decision.

Anything you submit through our website is 100% secure. And we never share it with anyone, except with your permission.


Social Security Number

For borrower and co-borrower, if any

Employment History

• Current pay stubs or W-2 forms for the last two years
• Employment dates, addresses, and salary

Checking and Savings Accounts and Certificates of Deposit

• Location of bank accounts, account numbers, and balances
• Address of bank, if out of town
• Last 3 months of statements

Stocks, Bonds, and Investment Accounts

• Broker’s name and address
• Description of stocks, bonds, etc.
• Last 3 months of statements or copies of stock certificates

Life Insurance Policies

Insurance company, policy number, face amount, and cash value, if any

Retirement Plan

• Approximate vested interest value
• Copy of latest statement


Make and model of automobiles, including resale value

Other Assets

Market value of personal and household property

Liabilities and Other Non-Mortgage Debt

• Creditor names, addresses, account numbers
• Monthly payments and balances


If you’re self-employed

• Two years of tax returns, profit and loss statements, both company and personal if separate
• Current balance sheet and profit and loss statement, if more than two months into the new fiscal year, signed by CPA

If you have income from*

• Commission
• Overtime
• Bonus
• Partnership
• Rental Property
• Trust
• Notes Receivable
• Interest/Dividends

*Note: You will need to provide two years of personal federal tax returns.

If employed in family business

• Personal federal income tax returns
• All schedules for the past two years

If divorced or separated

• Complete executed divorce decree and settlement agreement
• Payment history of alimony/child support over the past 12 months, if a financial obligation
• Provide 12 months of canceled checks or bank statements reflecting income deposits (if you choose to have this be considered as part of your income)

real estate

If you own real estate

Name and address of all lenders for the past 24 months, account numbers, monthly payments, and balances

If you’ve sold your home but not closed

Copy of the sales contract

If you’ve sold your home, closed, and you will use the proceeds for your new down payment

Copy of the HUD-1 Uniform Settlement Statement


Landlord Information

Name, address, and phone number of landlords for the past 24 months


If a source of you’re purchasing a home

• Purchase sales contract or offer to purchase and all addenda
• Furnish contract with original signatures of buyer and seller

If a source of your down payment is a gift*

• Name, address, and relationship to donor
*Note: Gift funds will be verified in both the donor and recipient’s accounts. Not all loan programs allow gifts to be part of your down payment.

For FHA Financing

Evidence of Social Security Number and photo identification

For VA Financing

DD214 and Certificate of Eligibility

For Construction/ Perm Loan

Signed construction with cost breakdown, builder plan, and specification

Have questions? Get in touch!


Get connected with Summit Mortgage Corporation today!