Many buyers associate purchasing a home with getting a new mortgage. You find a property, apply for a loan, and lock in whatever rate the market is offering that day. But there’s another path that’s worth knowing about: the loan assumption. A loan assumption (when available) allows ... More
If you’ve ever Googled something at 11p.m., just to avoid feeling unprepared, you get the appeal of AI. It doesn’t judge you for not knowing what “escrow” means, it’s available whenever you need it, and it’ll explain the same concept five different ways until it ... More
Summit Mortgage is proud to celebrate Toshie Metzger, who has been recognized as the latest Member Spotlight by the Asian Real Estate Association of America (AREAA). More
You've found the perfect home in the ideal location. The layout is just right, the neighborhood is exactly what you wanted, and you can already picture yourself living there. The only downside? It needs some serious TLC. The good news is you don't have to let a home's current condition ... More
Is bigger always better? For decades, that was the general sentiment when it came to buying a home. More square footage, more bedrooms, and more storage space were common goals for many buyers. Today, however, a growing percentage of homebuyers are intentionally choosing smaller homes and in ... 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
