
Celebrating Our 30th Anniversary!
Dear valued customers and partners, It is with great pride and gratitude that I announce the 30th anniversary of Summit Mortgage Corporation. For the past three decades, we have been dedicated to providing exceptional mortgage services to individuals and families across the country, and our commitment to this mission has ... More

Your Guide to Mortgage Income Requirements
House hunting is a lot of fun, but before you start shopping, it’s vital to know what you can afford. Because requirements vary between mortgage products, there isn’t a one-size fits all rule for the amount of income needed to be ... More

5 Credit Considerations Before You Apply For A Home Loan
When you begin applying for a new mortgage or choose to refinance your existing home loan, you should build a plan to manage your credit throughout the mortgage process. Lenders like to know that borrowers are likely to repay the loans they take ... More

How to Buy a Home When You Think You Can’t Afford It
If you’re thinking about buying a home, excitement is one of the first things you’ll experience. But underneath all that enthusiasm, there are certain to be plenty of questions lingering. Here are some common home buying concerns that might come up when you consider if you ... More

Interest Rates are Up, So Why Buy Now?
Rising interest rates have caused some potential homebuyers to hit pause while shopping for a new house. It’s a predictable reaction to the cataclysmic swing in the market since mid-2021. As of November 2022, loan interest rates are More

Pros & Con of Buying a Home Today
So you had made up your mind that it was time to purchase your first home or maybe you were going to move up, out, or into a new location and suddenly mortgage rates nearly doubled! While it may seem logical to stay on the sidelines and wait for rates ... More

Stop the Unwanted Spam that Follows a Mortgage Application
With apologies to Benjamin Franklin, there are certainties aside from death and taxes. One of them is junk mail and undesirable phone calls accompanying home-buying. This unwanted solicitation is spurred by the information available through public records as buyers seek financing approval and ... More

Let’s Talk Home Inspection
Many homebuyers who find their dream home want the security of knowing their new living space will be safe and worry-free. That’s where a home inspector comes in. If you have negotiated an More

5 Insider Tips For Buying a New Home
Whether your new home is your first home or you’re an experienced buyer, a lot has changed in the process of finding and buying a new home. Whether through changing interest rates or adjusting expectations during the buying process, homebuyers need a ... More