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 | Aug 3, 2017 | August events, Community Events, Oregon, Portland, Spokane, summer events, Vancouver, Washington
Even though it’s the dog days of summer, you can always find something to do in Oregon or Washington. We’ve typically got great weather for the next month – get out and enjoy it while it lasts! Check out our list of favorite happenings around the...
by Summit Mortgage Corporation | Jul 24, 2017 | condominiums, condos, condos in Portland, Home Buying Process, homeownership, Oregon, Portland, Sue Weaver, Trulia, Vancouver, Washington
With so many home options available, it can be hard to choose the right one. Often times overlooked are condos and townhomes. Condos in Portland or Vancouver are great for investors or even retirees, but why not a condo for a first-time home buyer or even a...
by Summit Mortgage Corporation | Jul 6, 2017 | Community Events, July, Oregon, Portland, Spokane, summer events, Vancouver, Washington
Though Independence Day has passed and we’re officially mid-way through the year, there’s still plenty of summer fun to be had! Check out our list of favorite happenings around the Greater Portland area, Vancouver, and Spokane. And, be sure to check...
by Summit Mortgage Corporation | Jun 29, 2017 | Deb McElveny Home Loans, Debra McElveny, Home Buying Process, Oregon, The VABA, The Veterans Advocacy and Benefits Association, U.S. military, VA home loans, Veterans, Veterans Affairs home loans, Washington
Senior Mortgage Banker, Debra McElveny, is an accredited member of The Veterans Advocacy and Benefits Association. One of Deb’s passions is helping our American heroes with home financing needs and providing our veterans with valuable resources, like The...
by Summit Mortgage Corporation | Jun 28, 2017 | buying a home, equity, home buying, Home Buying Process, homeownership, mortgage, Oregon, Portland, rent vs. buy, Sue Weaver, Trulia, Vancouver, Washington
The economy is strong and jobs are plentiful in Portland. In fact, the current unemployment rate here as of April 2017 was 3.4 percent, a full 1.3 percentage points lower than the national average. So why be a renter? Not only is it cheaper to buy than rent in...