Relocating, regardless of the reason, is typically an exciting time. But, if you’re also trying to buy a home at the same time, things can become complicated quickly. You’re juggling timelines, logistics, finances, and big decisions, often from a distance. The good news is that ... More
If you’re self-employed, you already know the tradeoff: more freedom, but less predictability. This is especially true on paper, and when it comes to securing financing for a home purchase, lenders tend to focus heavily on consistency and documentation. That doesn’t mean buying a home is out ... More
When you think of buying a home, the first thing that comes to mind might be debt. After all, a mortgage is the largest financial obligation that most people will ever take on. The often overlooked part, however, is that buying a home doesn’t just add debt to your ... More
Many first-time homebuyers are already used to making a significant monthly rent payment. So, it’s not usually the monthly mortgage payment that stands as a barrier to homeownership. More often, it’s the significant amount of upfront cash needed to cover a down payment and the closing costs on ... More
As the snow continues to melt and the sunshine lasts through your evening commute, another natural cycle begins to shift - the Spring housing market. Balancing affordability pressures, rising inventory, and renewed buyer interest, the Spring 2026 housing market is primed for launch after several years of elevated mortgage rates ... More
If you’re a current homeowner or in the process of buying a home, you’ve probably heard the word “escrow”. It’s one of those mortgage terms that gets used often but isn’t always clearly explained. So, let’s break it down. More
Winter may not be the first season that comes to mind when you think about buying or selling a home, but for many homeowners and buyers, it can be one of the smartest times to make a move. At Summit Mortgage, we work with clients year-round and see firsthand ... More
After years of rate hikes that stretched affordability thin, mortgage rates are finally showing signs of easing. For homeowners and buyers alike, this shift opens the door to opportunities that felt locked just a short time ago. But what exactly do lowering rates mean for your bottom line? Read on ... More
