Unlock Your Dream Home:
Make Your Move Today!
Your Next Chapter Starts at Home
There is no time like the present to upgrade your living situation before the next chapter in life begins! Discover the joy of finding an ideal space in a community you love and being able to call it your own.
Your dream home is closer than you think. Ready to take the next step?
Let's connect today to discuss your options!
Submit this form to start a mortgage journey, and I’ll personally connect with you to discuss next steps.
First-Time Homebuyer Qualifications and Benefits
Are you wondering if you qualify for first-time homebuyer programs? The term might be misleading. You don’t actually have to be purchasing your first home to be considered a first-time homebuyer.
Confused? Don’t be! First-time homebuyer benefits can offer significant financial savings and help make owning your own home a reality. Don’t let the name hold you back from achieving the American dream of homeownership.
Some programs are subject to income limitations. Contact me for more information.
Affordable Loan Programs
- HomeReady: As little as 3% down
- HomePossible: As little as 3% down
- VA and USDA: As little as 0% down
- FHA: As little as 3.5% down
- Minnesota Housing Finance Agency: As little as $1,000 down. Assistance loans may be available to help cover down payment, closing costs, and prepaid items.
- Access to additional down payment assistance funds, including specialty programs for first-generation homebuyers.
- And More…
Let’s explore how you could qualify for these home loan programs.
APPROVED offers work harder in low inventory markets.
A pre-approval from Summit Mortgage is a great strategy to get your offer to the top of the list. Our company is respected and recognized by real estate agents working hard to get their clients to closing.
Jaqueline Ramirez
Loan Officer
NMLS: 2689614
E: jaquelineramirez@summit-mortgage.com
O: 612.608.0608
Meet Jaqueline Ramirez, Loan Officer
As a licensed Loan Officer in Minnesota and Wisconsin, fluent in both English and Spanish, I’m passionate about helping families achieve their homeownership goals. With experience as a banking supervisor, I bring strong financial knowledge and personalized guidance to every client. After taking time to raise my two young children—a son and a daughter—I’m excited to help others finance their first home, investment property, or vacation home. Whether you’re ready today or planning for the future, I’m committed to guiding you every step of the way. Family, trust, and lasting relationships are at the heart of everything I do.
Here's the Difference-Maker:
Make your offer pop 10,000 times more! In tight inventory markets, make your offer stand out. The seller (as listed on the executed purchase contract) can feel confident that our borrower’s loan will close according to the terms of the Guarantee Letter or Summit will either purchase the seller’s home or pay the seller $10,000.
For qualifying borrowers, some limitations may apply.
FAQs
We answered some of your questions already.
“What does the pre-approval process involve?”
- Most pre-approvals include a credit report, income verification, employment verification, bank account verification, and pre-underwriting. This all will determine your best loan option(s) and what your buying power will be.
“How long does my pre-approval last?”
- A mortgage pre-approval is typically valid for 120 days. This timeframe varies depending on the age of the documents you will be asked to provide. During this period, If you need more time, a simple update of your financial information with the lender may renew your pre-approval. Staying in touch with your loan officer ensures you’re always ready to move when the right home comes along.
“How long does it take to get pre-approved?”
- Most buyers can be pre-approved as soon as the same day. Others could take longer if there is more information needed or time needed to gather documentation.
“What are the benefits of getting pre-approved now versus waiting?”
- You will have the freedom to make an offer on-the-spot if the perfect home comes along.
- You will feel more prepared and confident to make thoughtful decisions when making an offer on a property.
- You will have a clear path laid out for you upfront if you need time to improve your credit before you qualify.
Summit Mortgage is one of the highest-rated mortgage lenders on Experience.com.
Summit Mortgage Corporation
NMLS# 1041
summit-mortgage.com
9600 54th Ave N, Suite 100 Plymouth, MN 55442
763-390-7200
Summit Mortgage Corporation licensed as Summit Home Mortgage, Inc., in IN, NC, OR, UT, and WA.
In New York: Achieve Home Mortgage in lieu of true name Summit Mortgage Corporation.
This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.