FHA loans provide the opportunity to enter the real estate market if you have limited funds for a down payment or need flexible options to qualify for a home. Our goal is to help you realize the possibility of homeownership, even if you’re starting small. You still can achieve your goals and we’ll be there to make sure you do! Don’t let a lack of a large down payment or a lower credit score dissuade you from owning your own home. Contact us to find out how an FHA loan can work for you.
580-620 with debt-to-income limits
580 high balance with limits
3.5% minimum borrower
Monthly mortgage insurance required
100% gift funds allowed
Up to 6% seller contribution
*The loan program referenced is subject to Summit's program minimum FICO and underwriting requirements, which may differ from those imposed by the FHA. Summit is a private mortgage lender authorized as an approved FHA direct seller servicer. This communication is not intended to indicate FHA endorsement or approval of any loan program.