Effective January 1, 2017, the Federal Housing Finance Agency (FHFA) will raise conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac. The conforming loan limit will be raised from $417,000 to $424,100 for single family homes. Loan limits will also be increasing in identified “high cost” counties where 115% of the local […]
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Last week while sharing a Thanksgiving feast potluck, Summit Funding – Tucson, AZ and Realty Executives came together to donate over 34 turkeys! The donations went to one of the biggest shelters in Tucson that shuts down a major street to host their annual dinner to feed the homeless and needy families. The turkeys will […]
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If a larger sized home is in your future, you will be pleased to hear that Summit Funding now has three brand new jumbo products available for our borrowers. Introducing the Prime Jumbo, the Prime Jumbo with High LTV and the Expanded Prime Jumbo. These three new loans allow us to help clients looking to […]
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