Home Mortgage Loans

First time home buyers have lots of options to choose from, including loans with low down payments and special assistance programs. Many types of home mortgage loans are based on factors such as income and location. Our team at Summit Lending specializes in helping first-time home buyers understand these choices and find the best path to homeownership.

While there may be some hurdles to jump, it’s not impossible. Bad credit may lead to higher rates or stricter terms, but there are ways to improve your chances. Alternatively, consider saving up for a larger down payment or adding a co-borrower to strengthen your application. We offer free credit improvement training to help boost your score. Contact us to receive details on our credit training and to discuss navigating the home loan process with poor credit.

You can find several home mortgage loans for renovations. Options include cash-out refinancing if you have equity, or specific renovation loans like FHA 203(k) or Fannie Mae Homestyle. For those looking to finance or refinance both the purchase of a property and the cost of repairs or renovations in one loan, renovation or rehab types of home mortgage loans are an ideal option. Let Summit Lending help you explore which option best suits your renovation plans.

Due to multiple factors, rates for different home loans change daily. For the most up to date rates, check out our LIVE pricing engine on our website. This tool allows you to see current rates and fees instantly, tailored to your specific situation.

You’ll need to complete an application with personal details, financial information, and employment history. Supporting documents typically include bank statements, pay stubs, and tax returns. For purchases, property details are also required. Don’t worry! Summit Lending’s team will assist you with each step of the home mortgage loan process, making it as smooth as possible.