If you’re currently renting, the idea of homeownership and taking on the responsibility of a mortgage may seem overwhelming. While buying your first home is a major milestone that requires careful planning and ongoing attention, it isn’t a decision you have to make alone.

The post  From Renter to Homeowner: How Our Workshop Can Help You Get There appeared first on Summit Mortgage.

For many homeowners, the equity they’ve built up in their home can be used as a valuable financial asset. As property values increase and mortgage balances decrease, home equity grows as a valuable tool that can help unlock new opportunities. Whether you’re looking to renovate your home, consolidate debt, start a business or cover education... View Article

The post Leverage Your Home Equity to Unlock Opportunities  appeared first on Summit Mortgage.

If you’re exploring home financing options, you’ve likely come across the names Fannie Mae and Freddie Mac. But what exactly are these entities, and how do they impact the mortgage market? Understanding their role can help you navigate the home loan process with greater confidence.

The post What are Fannie Mae and Freddie Mac? appeared first on Summit Mortgage.

Buying a home is the largest investment most of us make in our lifetimes, and choosing the right mortgage is one of the most important decisions homebuyers face. Two of the most common options are FHA loans and Conventional loans. While both can be the key to unlocking homeownership, they have differences in terms of... View Article

The post FHA Vs Conventional: What Homebuyers Need to know appeared first on Summit Mortgage.

Understanding the factors influencing property taxes and strategies to manage these costs is important knowledge for first-time homebuyers and seasoned homeowners alike. While the principal and interest portion of a fixed-rate mortgage payment doesn’t change from year to year, total mortgage payments can be impacted due to changing property tax obligations. When it comes to... View Article

The post Understanding and Managing Property Taxes appeared first on Summit Mortgage.

It seems like everyone has a side hustle these days. With the cost of living through the roof and the price of just about everything seemingly on the rise, many of us are looking for ways to boost our earnings, reduce our living expenses, and make “adulting” just a little bit easier. While not everyone... View Article

The post Living With Renters: What You Need to Know Before Sharing your Home appeared first on Summit Mortgage.

If selling your home is on your 2025 bingo card, you may be looking for ways to maximize your earnings by increasing your home’s value and eventual sales price. Let’s dive into some of the top renovations that add value to your home.

The post Top renovations that add value before selling your home appeared first on Summit Mortgage.