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Is Now the Right Time to Refinance?

As we approach the holiday season and the end-of-the-year chaos, the idea of how much you will be spending and how much you need to be saving is probably in the back of your mind. Holiday spending can be a huge financial weight, especially with the season’s added stress and a large pile of bills […]

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Why Fall is a Great Time to Buy a Home

The air is getting chilly and the winds are starting to pick up…You know what that means? Fall is here! With the changing of the season comes changes in the housing market due to a few factors. For starters, the new school year has just begun. When kids are in the swing of a new […]

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Fall Finances and First-Timers

Just because Autumn is quickly approaching, doesn’t mean that your finances have to ‘fall’, too! Finances are not a typically fun discussion to have, but it is necessary when you’re beginning your homeownership journey with your significant other. Here are a few key steps to maintaining your money together before becoming a first-time homebuyer.   […]

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3 Things to Know About Financing a Rental

Real estate investors today are expanding their portfolios to include investment real estate. Residential real estate is the only investment asset class that both appreciates in value while simultaneously providing monthly cash flow. As property values increase so too do rental rates. If you’re been seriously considering buying a rental property, there are three things […]

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What You Can Expect At Your Closing

It can be a whirlwind 30 days from the moment the sellers accepted your offer and signed the sales contract to the final settlement. Once the contract is executed by both parties, it all begins. You’ve already provided your lender with your paperwork needed to get your preapproval letter, so now it’s time for various […]

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5 Questions to Ask If You’re Thinking of Buying Your First Home

There’s no doubt buying your first home can be a little intimidating. It’s certainly a big commitment and even though you’ve read rent vs. buy articles convincing you buying is better, it’s still no small decision. And that’s okay! All homeowners can remember when they bought their very first home. Suddenly there were new terms bandied […]

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Demystifying How Rate Locks Work

Rate locks can freeze an interest rate on a mortgage for a specified period of time, typically for 30, 45 or 60 days (but can vary), and can strategically be used to benefit the home buyer.  But how exactly do they work? Let us help demystify just how rate locks work. When you first get […]

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Introducing our Smooth Start Program!

Purchasing a new home can be a big step for many home buyers. Relieve some of your stress and ease into owning a home with Summit Funding’s Smooth Start Program! Through an agreement with your home’s seller, you can temporarily reduce your interest rate for first 2 or 3 years of your loan term. Program […]

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Is A Condo The Right Choice For Your First Place?

Let’s be real. House prices are high and inventory is low. The current, crazy market does not favor first-time home buyers or younger, millennial buyers. Which puts many prospective buyers in a difficult spot because last year, millennials made up the largest percentage of homebuyers. But if your goal is to become a homeowner, maybe […]

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Signs It May Be Time To Buy A Bigger Home

As property values steadily increase, more homeowners are realizing what a great time it is to sell their current place! Deciding to sell your home can be a big, but sometimes necessary, decision. Many homeowners looking to buy can be categorized as a ‘move-up buyer’ because they are looking to upgrade to a bigger space. […]

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