Branch Manager
CurrentSummit Funding is a licensed mortgage lender with branches nationwide, specializing in residential mortgage lending. We are a direct lender providing funding for the purchase or refinance of a primary residence, a second home or investment property. We offer Conventional, FHA, VA, Jumbo, Reverse Mortgage and USDA financing.We have the technology, versatility and staff to make the loan process successful from initial contact to satisfactory completion of a loan. First Time Home Buyer Loans97% Conventional loansFannie Mae HomePath – 3% down payment with no appraisal and no mortgage insurance 100% Financing – Loan can be based on Appraised Value vs. Sales PriceClosing costs can be rolled into the loanFHA LoansLow, 3.5 % down payment and reduced credit qualifications$100 Down HUD Homes - Purchase a HUD foreclosure with a down payment of only $100 203K Rehabilitation Loans - Purchase a home that needs repairs with just 3.5% down and finance up to $35,000 of renovations including the rehabilitation closing cost into the purchase loan203B with Repairs - Allows for repairs up to $5,000VA Loans100% Financing available to eligible veterans for purchase or to refinance current homeConventional/ Fannie Mae/ Freddie MacSecond Home and Vacation homes with only 10% down Investment Property with only 20% down Jumbo MortgagesWe offer Jumbo loans of up to $5,000,000 with competitive ratesWe offer FHA Jumbo loans in High Cost areas with a down payment of just 3.5%Super conforming loans- above GSE limit in designated areasHome Equity LoansWe offer stand alone 2nd mortgages for home improvements or in connection with a first mortgage to purchase a home.Reverse MortgagesFor borrowers 62 years old - can be used for purchase or refinanceFunds can be received in a lump sum, set monthly amount or a combination of bothNo income or credit check
