by Summit Mortgage Corporation | Jul 27, 2018 | Mortgage Industry News
Wire transfer fraud crimes are on the rise, and home buyers are increasingly at risk. With cyber-criminal scams that frequently target real estate transactions, it’s crucial that you identify red flags to avoid getting scammed. Email hacking is a tool that criminals...
by Summit Mortgage Corporation | Apr 13, 2018 | Mortgage Industry News, Oregon, Robert Williams, rural home loan, USDA, USDA financing, USDA Guaranteed Rural Development Loan, USDA home loan, Washington
The U.S. Department of Agriculture (USDA) Rural Development recently announced changes to the rural eligibility designation for some areas throughout Oregon and Washington. Starting June 4, 2018, the following areas will no longer be eligible for USDA...
by Summit Mortgage Corporation | Aug 23, 2017 | affordable housing, Fannie Mae, Federal Housing Finance Agency, FHFA, Freddie Mac, HARP, Home Affordable Refinance Program, loan-to-value ratio, mortgage, Mortgage Industry News, Oregon, Portland, refinancing, Spokane, Vancouver, Washington
Last week, the Federal Housing Finance Agency (FHFA) announced that it’s extending the Home Affordable Refinance Program (HARP) through December 31, 2018! This is great news for eligible borrowers. HARP helps homeowners who have little equity in their home, or...
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 | Apr 10, 2017 | Clark County, FindTheHome, home prices, Miles D. Rusth, Miles D. Rusth Home Loans, Mortgage Industry News, Multnomah County, Oregon, U.S. home prices, Washington, Washington County
It’s no secret that the Oregon and Washington housing market is back on it’s feet. After the recession and housing crisis of 2008, the United States’ median home sale price reached a new high of $218,175 in November of last year. The real estate intelligence...
by Summit Mortgage Corporation | Mar 15, 2017 | Bend, Cascade Sotheby's, Cascade Sotheby's International Realty, Central Oregon, fastest-changing city, Ken Renner, LendingTree, Mortgage Industry News, Oregon
Winston Churchill once said, “To improve is to change; to be perfect is to change often.” If this statement holds true, Bend is closer to perfection than any city in the country. Data compiled by LendingTree.com, measuring rent prices, home values,...
