The Go-To Mortgage Loan Broker

Home Loan Options

We feature a full suite of home loan options to meet your requirements. It doesn’t matter if you’re a first-time buyer, looking to lower your current loan, or interested in a conventional loan—we will provide you the highest quality service and mortgage rates. Our experienced professionals will support you along the way to find the best mortgage match for your unique financial needs and home buying goals.

Understanding Conventional Loans

One of the leading and go-to mortgage loan options out there is a conventional mortgage—and for good reason. These loans are supported by private lenders instead of the government, which offers you more freedom when it comes to terms, property types, and repayment setup. If you’re ready to buy with excellent credit, you can qualify for a conventional loan with the best mortgage loan rates in today’s market.

Advantages: One of the key benefits of conventional loans is that they often come with fewer charges compared to government-backed loans, such as federal loan programs.

Disadvantages: However, your down payment will need to be at least the minimum 3% to skip additional charges, like mortgage insurance.

Refinancing Your Mortgage

Refinancing can be a beneficial option to lower your monthly expenses—to do this, you replace your current mortgage with one that has a lower interest rate. We offer a quick and easy pre-qualification for those interested in a better loan. Also, eliminate all loan origination fees by completing your mortgage loan via our services.

Benefit: Refinancing from an ARM (adjustable-rate mortgage) to a fixed mortgage helps you ensure steady payments and eliminate the risk of rate increases—giving you peace of mind for the life of your loan.

Drawback: The closing costs associated with refinancing can be significant, but we skip any application and setup fees, making us the most trusted lender for your mortgage refinance.

Equity Release Loans

Our qualified loan advisors can help you figure out if this loan fits your lifestyle.

Move Forward on Your New Home With Construction Financing

Here, we understand that bringing your vision of a home to life is more than a project, it’s a dream. These construction loan solutions are built to give you the backing and flexibility to move forward with peace of mind. We offer the option to hire a licensed contractor or take charge of the process. No matter the route you take, we can help you secure the financing that fits your timeline and budget—this comes with a 180-day lock option, guaranteeing your mortgage loan rate for 180 days.

Advantages: You gain the flexibility of accessing the funds to build your home just the way you want.

Disadvantages: Construction loans demand a long-term financing solution once the home construction is completed, but we are here to help you with that next stage of your loan and secure the most competitive mortgage loan rate.

Our skilled team specializes in construction lending and will keep your build moving forward in terms of cost and construction..

Government-Backed FHA Loans

We're an FHA-authorized lender, and we’re dedicated to assisting you in understanding the benefits and features of FHA home loan programs. FHA home loans assist first-time buyers and moderate-income families, offering less strict criteria than conventional loans. Lower than average FHA requirements, we require as little as a 1.5% down payment and a credit score of 580..

Pros: These loans are easier to qualify for because they have lower credit and income standards than traditional loans.

Cons: These loans include both upfront and monthly mortgage insurance premiums, which increase your long-term borrowing cost.There are also federally set limits on the amount you can borrow, which may be too low for costly houses.

Own a Home in a Rural Area with USDA Loans

If your heart is set on open countryside and a place that feels like a real retreat, a USDA loan may be the key to making that dream come true. USDA loans are for certain rural and suburban areas, and they let you finance the entire purchase, meaning you won’t need upfront cash. Buying a home in the countryside is a chance to put down roots where you’re happy without the stress of major upfront costs.

Advantages: Affordable monthly payments due to affordable mortgage loan rates and reduced insurance costs.

Disadvantages: USDA home loans include certain requirements based on location and how many people live in your household. Let us help you find out if you qualify with one of our experienced home loan consultants.

Home Financing to Support U.S. Veterans

VA-backed home loans help military veterans, military personnel, and surviving spouses buy a home. Serving the Hill AFB area, our loan officers is proud to support veterans. With no down payment required, no PMI, and the most competitive rates, we proudly offer an affordable home loan to eligible veterans.

Benefit: If needed, it’s possible to secure a lower mortgage loan rate with a VA Interest Rate Reduction Refinance Loan (IRRRL).

Drawback: VA-backed loans are limited to primary residences, meaning they can’t be used to buy an investment property.

Jumbo Elite Loans

Luxury homes require funding that complements their size and luxury, which is why Jumbo Elite loan programs are an ideal option. Jumbo Elite Loans are for buyers who require more than what conforming mortgage loan limits allow without compromising on attractive rates or hassle-free service. With the help of our skilled team guiding the process, obtaining funding for a luxurious home feels effortless.

Benefit: You don't need to worry about having a pristine credit score for a Jumbo Elite Loan. At Summit Home Loans, you can take advantage of perks like 10% down, no PMI, and mortgage options for buyers with FICOs beginning at 680.

Drawback: A smaller down payment enables you to move into your home faster, but it also means you’re borrowing a higher portion of the home's cost. Over time, this could increase your overall repayments and interest costs, especially for extended mortgage loan periods.

Nationwide High Balance Loans

Nationwide High Balance Loans offer the perfect balance between standard conventional loans and large loans. Borrow more than traditional loans but still enjoy competitive interest rates and more relaxed qualification criteria. Especially for high-price regions, these mortgage loans offer greater amounts with more relaxed criteria, making it easier for you to buy that forever home you’ve always wanted.

Pros: Favorable mortgage loan rates, offering you more cost-effective financing for larger homes. Nationwide High Balance Loans let you secure a higher loan amount than conventional loans and are a great option for homebuyers in high-cost areas.

Cons: Given the increased loan limits, these loans usually require a higher down payment. Homebuyers must satisfy the more rigorous credit and income guidelines.

Support Your Business Expansion With a Custom Commercial Loan

As an independent mortgage brokerage, we aim to help people spend less across various mortgage options. This also holds true for commercial loans. We provide quick turnaround times, flexible loan options, and low rates on all business property loans. Reach out today to learn more about our commercial loan programs. We offer more than traditional mortgage lending to back your success in business ventures beyond the home.Commercial loans generally support business expansion or property purchases. Commercial loans come in different types, such as SBA financing, commercial property loans, and bridge funding. We’ll find the right loan for your company.

Pros: Commercial financing options enable you to secure the money you need to purchase, restructure, or build business property.p>

Cons: Commercial loans usually include increased rates versus typical mortgage loans because they involve greater risk. In some cases, you may need strong business credit, a clear business strategy, and substantial funds upfront to to qualify.

Physician Loans

Don’t let your student loans keep you from purchasing a home. Doctor loans help make it easier for you to get the home you’ve been dreaming of. If you are currently in or recently finished a medical residency, physician loans let you exclude student debt when calculating your loan qualification. Enjoy reduced down payments as low as 3% with a FICO score of 720 or higher. Zero loan origination or processing fees on our loan programs.

Benefit: You could save a lot each month since Private Mortgage Insurance is commonly excluded.

Drawback: Few lenders specialize in doctor mortgage programs, but we are pleased to be a provider. Reach out today and secure approval for your new home..

Mortgage Solutions Designed for Every Life Stage

Things change in life, and we are here to support you at any stage in life. As a full-service brokerage, we can adapt loans to fit your specific needs. Even if you think you may not qualify for a specific loan, we can review your choices and offer a solution based on your unique situation.