by Summit Mortgage Corporation | Jun 15, 2018 | benefits of buying a home, Chris Jordan, HELOC, Home Buying Process, home equity, home equity line of credit, home loan options, home loans, second mortgage
Obtaining a second mortgage may be a useful tool when helping prospective buyers and current homeowners reach diverse financial goals. A second mortgage allows you to use any equity that you have in your home as security against another loan. Below are three...
by Summit Mortgage Corporation | Jun 15, 2018 | benefits of buying a home, Chris Jordan, HELOC, Home Buying Process, home equity, home equity line of credit, home loan options, home loans, second mortgage
Obtaining a second mortgage may be a useful tool when helping prospective buyers and current homeowners reach diverse financial goals. A second mortgage allows you to use any equity that you have in your home as security against another loan. Below are three...
by Summit Mortgage Corporation | Apr 20, 2018 | direct lender, home buying, home loans, loan programs, mortgage lender, Mortgage Myths, Oregon, Portland, Spokane, Vancouver, Washington
Mortgage Myth: “All mortgage lenders offer the same programs and rates. I should get a loan with my bank because that will likely be most convenient.” At Summit Mortgage Corporation, we’ll be the first to tell you that mortgage lenders are not all the same....
by Summit Mortgage Corporation | Apr 17, 2018 | Andrew Lamont, Home Buying Process, home loans, homeownership, local lender, mortgage banker, pre-qualification, real estate market, Vancouver, Washington
Up until the past few weeks, my only personal experience with a real estate transaction was with purchasing my first home four years ago. However, as a local mortgage banker and licensed transaction coordinator, I’ve spent the past 12 years helping...
by Summit Mortgage Corporation | Feb 16, 2018 | home financing, home loans, homeownership, mortgage interest deductions, Mortgage Myths, Tax Cuts and Jobs Act, tax law, taxes, TCJA
Mortgage Myth: “The new tax law is going to impact the value of homeownership. Owning a home won’t provide the same tax benefits.” The new Tax Cuts and Jobs Act is bringing plenty of changes for homeowners. However, the rumor that these changes will take away...
by Summit Mortgage Corporation | Feb 16, 2018 | home financing, home loans, homeownership, mortgage interest deductions, Mortgage Myths, Tax Cuts and Jobs Act, tax law, taxes, TCJA
Mortgage Myth: “The new tax law is going to impact the value of homeownership. Owning a home won’t provide the same tax benefits.” The new Tax Cuts and Jobs Act is bringing plenty of changes for homeowners. However, the rumor that these changes will take away...
