Summit Financial Services offers our clients a full range of financing programs
Our Loan Officers will acquaint you with FHA, Conventional, Sub-prime, Construction, Refinance, 203K Rehabilitation and VA loans.
Refinancing your current loan will be handled quickly and effectively.
Second mortgages are available at very competitive rates.
Mortgage products available to finance your needs
Reverse Mortgages
FHA (Federal Housing Administration), VA (Veteran’s Administration)
Jumbo and Super Jumbo loans
Investor loans for rental properties
Conventional Loans
Home Refinancing
New Construction loans
Loans for those with less than excellent credit
Description of some of the most commonly used loans
FHA
A loan insured by the Federal Housing Administration.
VA
A loan backed by the Veterans Administration. Requires a low down payment and less stringent requirements for qualification. Members of the U.S. armed forces are eligible for loans under certain circumstances. Contact your local VA office for information.
Conventional loan
Usually refers to a 30yr. fixed rate loan. Not insured by the Government.
Jumbo Loans
Loans larger than those limits set by Fannie Mae or Freddie Mac.
A Jumbo loan will carry a slightly higher rate of interest.