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Blog Category: Conventional Loans

An Introduction to Conventional Fixed Rate Loans

Borrowers looking for a low, fixed rate that plan on living in the home for a while often turn to the comfort of a conventional loan. If you’re looking to stay in your home for a while, a fixed-rate conventional loan provides the stability of a principal & interest monthly payment that won’t change. Borrowers with ... More

An Introduction to Low Down Payment Programs

With flexible qualifying, help from friends or family and down payments as low as 3%, Summit Mortgage offers a variety of programs to choose from! FHA & Conventional Home Loans Today’s home buyer has several options for affordable, low down payment programs that can help many with different financial situations become homeowners. Both FHA and Conventional loans have ... More

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