by Summit Mortgage Corporation | Jan 19, 2018 | debt-to-income ratio, Fannie Mae, home buying, Home Buying Process, home loans, Mortgage Myths, Oregon, student loan debt, student loans, Washington
Mortgage Myth: “College was expensive and, as a result, I have a lot of student loan debt. There’s no way that I’ll be able to buy a home in the near future!” If you have student loan debt, you’re not alone. In fact, you’re in the good company of over 40 million...
by Summit Mortgage Corporation | Jan 19, 2018 | debt-to-income ratio, Fannie Mae, home buying, Home Buying Process, home loans, Mortgage Myths, Oregon, student loan debt, student loans, Washington
Mortgage Myth: “College was expensive and, as a result, I have a lot of student loan debt. There’s no way that I’ll be able to buy a home in the near future!” If you have student loan debt, you’re not alone. In fact, you’re in the good company of over 40 million...
by Summit Mortgage Corporation | Jun 10, 2017 | California, home loans, Miles D. Rusth, Miles D. Rusth Home Loans, Miles Rusth, Mortgage Industry News, Oregon, USDA home loans, USDA income limits, Washington
Good news for qualified home buyers in Oregon, Washington, and California! The U.S. Department of Agriculture (USDA) has announced an increase in income limits for qualified residents in many areas of the U.S., including Oregon, Washington, and...
by Summit Mortgage Corporation | Jan 11, 2017 | Federal Housing Administration, FHA, FHA home loan, home buying, home loan options, home loans, HUD, Miles D. Rusth, Miles Rusth, mortgage, Mortgage Industry News, Mortgage Insurance Premium, mortgage news, reduced rates
Exciting news from the Federal Housing Administration (FHA)! The improving housing market has lead to the announcement that the annual Mortgage Insurance Premium (MIP), that most borrowers pay, will be reduced by a quarter of a percent. These new rates are...
by Summit Mortgage Corporation | Oct 26, 2016 | credit report, credit score, free credit report, home buying, Home Buying Process, home loans, Miles D. Rusth, Miles Rusth, mortgage, Resources
Your Credit Score & Why It Matters
Credit scores are important numbers derived from information found in your credit report. Your credit report and score shows lenders your credit history and helps them predict whether or not you will make future credit...
by Summit Mortgage Corporation | Sep 12, 2016 | first-time buyers, first-time home buyers, home buying, home loan options, home loans, housing market, housing trends, mortgages, new home, Oregon, Portland, Portland housing market, Resources
Portland has one of the hottest real estate markets with home values rising to record heights. Navigating this complicated market can seem scary and overwhelming – especially to a first-time home buyer. But, it doesn’t have to be. Your first-time home buying...
