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For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Payments are quoted principal and interest with mortgage insurance if applicable, taxes and insurance are not included in payment estimation. Your payment obligation may be higher.
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Dive Deep into Purchase Loans with Summit Lending

Discover tailored home buying loan solutions with Summit Lending in Summit County, Utah. Our expert mortgage brokers are ready to guide you to your dream home with over 50 years of combined experience.
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Secure Your Dream Home with Summit Lending

Your Path to Homeownership in Summit County, Utah

Summit County, Utah, is a breathtaking location to call home, with its stunning mountain views, world-class ski resorts like Park City and Deer Valley, and a thriving community. Securing a home buying loan in this area with Summit Lending offers numerous benefits. Our personalized purchase loan solutions cater to your unique financial needs, whether you're a first-time buyer or looking to invest in a vacation property. With access to a variety of loan products, including conventional, FHA, VA, and USDA loans, we make homeownership accessible. Summit County’s real estate market is a smart investment, as property values continue to appreciate due to high demand and limited supply. Plus, living here means enjoying an unparalleled quality of life with outdoor recreation, excellent schools, and a vibrant local economy. Let Summit Lending help you plant roots in this desirable location.

Securing Your Dream Home with Purchase Loans from Summit Lending in Summit County, Utah

Buying a home is a monumental decision, and finding the right purchase loan can make all the difference in turning your dream into reality. At Summit Lending, located in Tremonton, Utah, we specialize in delivering customized home buying loan solutions for residents across Utah, including the picturesque Summit County. With over 50 years of combined experience, our dedicated team of mortgage brokers and loan officers is committed to guiding you through every step of the mortgage process. Whether you’re a first-time homebuyer or seeking a luxury property in Park City, Summit Lending offers the expertise and resources to help you navigate the complexities of purchase loans with confidence and ease.

What Are Purchase Loans?

A purchase loan, commonly known as a home buying loan, is a mortgage specifically designed to finance the acquisition of a new property. Unlike refinancing or other loan types, purchase loans are crafted for individuals or families aiming to buy a home, be it a primary residence, a vacation home, or an investment property. These loans are available in various forms, such as conventional loans, FHA loans, VA loans, and USDA loans, each offering distinct eligibility criteria, benefits, and requirements tailored to different financial situations.

At Summit Lending, we recognize that every homebuyer’s circumstances and aspirations are unique. That’s why we provide a diverse array of purchase loan options to meet your specific needs. Our mission is to pair you with the ideal loan product that fits your budget, credit history, and long-term goals, ensuring a seamless path to homeownership in Summit County and beyond.

Why Choose Summit Lending for Your Purchase Loan in Summit County?

With countless lenders and mortgage brokers available, you might wonder what makes Summit Lending stand out. Here are several reasons why clients across Utah, Texas, Idaho, and Wyoming trust us with their home buying journey:

  • Local Expertise: Operating in Summit County and throughout Utah, we possess in-depth knowledge of the local real estate market. From the high-demand areas of Park City to the serene outskirts of Coalville, we understand the trends and can secure competitive loan terms for you.
  • Personalized Service: Our mortgage brokers prioritize understanding your financial situation and goals. We offer one-on-one guidance to ensure you make well-informed decisions about your purchase loan.
  • Decades of Experience: With over 50 years of combined expertise, our team ensures a smooth process from application to closing, minimizing stress and delays.
  • Diverse Loan Products: We provide a range of purchase loan options, from conventional to government-backed loans like FHA and VA, catering to various buyer profiles.
  • Client Satisfaction: Your happiness is our priority. Visit our testimonials page to see why clients consistently award us 5-star Google ratings.

Types of Purchase Loans Offered by Summit Lending

Summit Lending offers a comprehensive selection of purchase loan options to accommodate a wide range of homebuyers in Summit County. Below are some of the most popular loan types we provide:

Conventional Loans

Conventional loans are the most widely used type of mortgage and are not insured by the government. They often require a higher credit score and a larger down payment but offer flexible terms and potentially lower costs for borrowers with strong credit. Summit Lending can help assess if a conventional loan is the best fit for your home purchase in Summit County, where property values can vary significantly based on proximity to ski resorts and urban centers like Park City.

FHA Loans

Federal Housing Administration (FHA) loans are government-backed and designed to assist first-time homebuyers or those with lower credit scores or limited down payment savings. With down payments as low as 3.5% and more lenient credit requirements, FHA loans are ideal for many buyers in Summit County. Our team at Summit Lending will guide you through the application process, ensuring you meet all necessary criteria to secure this accessible financing option.

VA Loans

VA loans are available to eligible veterans, active-duty service members, and certain military spouses. Backed by the Department of Veterans Affairs, these loans often require no down payment or private mortgage insurance (PMI), making them a cost-effective choice. If you’re a veteran looking to buy a home in Summit County, Summit Lending is honored to assist you in navigating the VA loan process.

USDA Loans

USDA loans, also government-backed, aim to promote homeownership in rural and suburban areas. Offering no down payment and low interest rates for eligible borrowers, these loans are perfect for purchasing homes in less densely populated parts of Summit County. Many areas outside Park City qualify for USDA loans, and Summit Lending can help determine if your desired location meets the criteria.

The Home Buying Process in Summit County

Securing a purchase loan involves multiple steps, and Summit Lending is here to support you through each one. Here’s an overview of the home buying process tailored to Summit County residents:

  1. Pre-Approval: Start with pre-approval to demonstrate to sellers that you’re a serious buyer and to understand your budget. Learn more on our Pre-Approval page.
  2. Home Search: Partner with a real estate agent to find properties in Summit County, from cozy condos near Deer Valley to expansive homes in Kamas.
  3. Making an Offer: Once you’ve found the perfect home, submit an offer. If accepted, you’ll proceed to the next steps.
  4. Loan Application: Formally apply for your purchase loan with Summit Lending. We’ll assist in gathering necessary documents like income statements and credit reports.
  5. Appraisal and Inspection: The lender will appraise the property’s value, crucial in a competitive market like Summit County, and you may opt for an inspection to identify potential issues.
  6. Closing: Finalize the deal at a closing meeting, sign the paperwork, and take ownership of your new home.

Throughout this journey, Summit Lending’s experienced brokers will provide support, answering questions and ensuring a seamless experience. For first-time buyers, we offer specialized resources on our First-Time Home Buyers page.

Why Homeownership in Summit County, Utah?

Summit County, Utah, stands out as one of the most desirable places to live in the state, offering unique advantages for homeowners. Here’s why securing a purchase loan here with Summit Lending is a wise investment:

  • Unmatched Natural Beauty: Summit County is home to world-renowned ski resorts like Park City Mountain and Deer Valley, as well as breathtaking hiking and biking trails in the Uinta-Wasatch-Cache National Forest. Residents enjoy year-round outdoor recreation.
  • Strong Real Estate Market: According to the Park City Board of Realtors, the median home price in Summit County has seen consistent growth, with a 2023 report indicating a median single-family home price of over $2 million in Park City, reflecting high demand and limited inventory. This makes it a solid long-term investment.
  • Thriving Economy: The county benefits from a robust tourism industry and a growing tech sector, with many residents working remotely or in nearby Salt Lake City, just a 30-minute drive away. The unemployment rate in Summit County was reported at a low 2.5% in 2023 by the Utah Department of Workforce Services.
  • Quality of Life: Summit County offers excellent schools, low crime rates, and a tight-knit community. Events like the Sundance Film Festival in Park City add cultural richness to the area.
  • Proximity to Urban Amenities: While offering a serene, mountain-town vibe, Summit County is close to Salt Lake City’s international airport and urban conveniences, making it ideal for both full-time residents and second-home owners.

These factors contribute to a competitive housing market, where working with a knowledgeable broker like Summit Lending can give you an edge in securing the right property at the right price.

Additional Considerations for Summit County Homebuyers

Buying a home in Summit County comes with unique considerations due to its high-demand market and specific zoning regulations. Many areas, especially in Park City, have restrictions on short-term rentals, which could impact investment properties. Additionally, homeowners’ association (HOA) fees can be significant in resort areas, often ranging from $500 to over $1,000 monthly, as noted in recent real estate reports from the Park City MLS. Summit Lending can help you understand these costs and factor them into your loan calculations using our Loan Calculator.

Furthermore, the area’s seasonal economy means that securing a loan with favorable terms is crucial, as property taxes and maintenance costs can be higher than in other parts of Utah. Our team stays updated on local policies and market trends to ensure you’re fully informed before making a decision.

Take the First Step Toward Homeownership in Summit County Today

Ready to secure a purchase loan and begin your journey to homeownership in Summit County, Utah? Summit Lending is here to assist. Our team of expert mortgage brokers is just a call or email away. Reach out today at [email protected] or by phone at 385-200-1470 to discuss your options. You can also visit our office at 305 E Main Street Suite 202, Tremonton, UT 84337, for a personalized consultation.

For a quick estimate of your mortgage payments, use our Loan Calculator with real-time data based on current interest rates. Want to explore other services? Check out our full range of mortgage loans, including refinancing, construction, reverse, and commercial loans.

Why Wait? Let’s Make Your Summit County Dream Home a Reality

At Summit Lending, we believe everyone deserves the opportunity to own a home, especially in a remarkable place like Summit County, Utah. With our expert guidance, competitive purchase loan options, and unwavering commitment to customer satisfaction, we’re confident we can help you achieve your homeownership goals. Don’t delay—contact us today via our Contact Us page and let’s get started. Whether you’re eyeing a slopeside condo or a quiet retreat in the county, Summit Lending is your trusted partner for home buying loans.

Curious about others’ experiences with Summit Lending? Visit our Testimonials page to read real stories from satisfied clients. For more tips and insights on the mortgage industry, explore our Blog. We look forward to working with you to secure your future in Summit County!

Frequently Asked Questions

Everything you need to know about home mortgage loans in Summit County, Utah
Which home loan is right for me?

Your ideal loan depends on several factors like your financial situation, long term goals, and risk tolerance. Fixed rate mortgages offer stability, while adjustable rate loans may save you money initially. Government-backed options can be great for those with lower credit scores. At Summit Lending, we’ll guide you through the options to find a perfect fit.


What are my loan options as a first time home buyer?

Is it possible to receive a home mortgage loan if I have bad credit?

Are there home loans for renovation available? 

How can I monitor interest rates for loans today? 

What information do I need to submit to apply?

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Mandi Turner
John Hortin
Brodie Calder
Summit Lending

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