loan types block
Loan Types

Purchase + Refi

Are you a first time buyer? Could you benefit from a refinance? We know finding a mortgage that fits your lifestyle is important. That's why we offer a wide array of loan products. So whether you are wanting to expand your horizons or pay off some debt, we've got a loan for that.

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*This communication is for informational purposes only, this is not a commitment to lend. Individual buyer's financial circumstances may be different and may result in different interest rates, costs, and payments. All programs are subject to change or cancelation at any time and without notice. Please consult your licensed Loan Originator to learn more about mortgage products, your eligibility, and ask for an official Loan Estimate before choosing your loan.




These loans are not insured by the federal government and they're popular for borrowers with stable income. Can be used for almost all types of homes from single-family to condos. Rates are often lower due to the additional credit and income requirements.

Best for the financially stable



Needing a lower down payment option? Is your credit score less than perfect? FHA loans are a great, and predictable option for low-to-moderate income homebuyers. With more flexible requirements, you can even pay as little as 3.5% down.

*The loan program referenced is subject to Summit's program minimum FICO and underwriting requirements, which may differ from those imposed by the FHA. Summit is a private mortgage lender authorized as an approved FHA direct seller servicer. This communication is not intended to indicate FHA endorsement or approval of any loan program.

Best for first-time homebuyers



This is for borrowers who want to buy or refinance a home that exceeds standard conventional loan limits ($726,200 in most markets). Some requirements include cash reserves and a debt-to-income ratio up to 50%.

Best for higher priced homes

VA Loans

Your Home.
Our Mission.

We love serving those who serve. That's why we offer many great home buying benefits for qualifying active and retired military personnel and their families.

  • Square Checkmark No lender fees**
  • Square Checkmark Little to no closing costs
  • Square Checkmark No down payment
  • Square Checkmark Higher loan value


For eligible properties located in rural (and many suburban) areas. USDA loans require no down payment and often have lower interest rates.

Best for expanding your horizons



If you don't like change, this loan is right for you. Your principal and interest will never change over the life of your loan (unless you decide to refinance).

Best for payment predictability



Borrowers start with a lower rate that rises over time. Great for those who plan to move within a few years or expect more income in the future.

Best if moving within 5 years


Ready to refinance?

Do you want to lower your monthly payment or pay off your loan faster? Do you need to cash out the equity in your home to pay off some debt or add necessary updates? Whatever your reason is, there are many benefits to a refinance. Use the calculator to see if it might be time to refinance.

construction loans

Turn blueprints into reality.

Getting a loan to build a home is a little different than buying an existing one. That's why we offer a streamline two-step construction loan process. First, you'll start with a temporary loan. Once construction is complete, we'll refinance your loan into a traditional mortgage.

You build. We finance. It's that simple.

Fill out the form below and let's explore your options.