by Summit Mortgage Corporation | Sep 15, 2018 | Mortgage Industry News
Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate can save you...
by Summit Mortgage Corporation | Sep 15, 2018 | Mortgage Industry News
Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate can save you...
by Summit Mortgage Corporation | Aug 3, 2018 | Mortgage Industry News
Buying a home is one of the single biggest decisions you will make in your lifetime and likely your most expensive purchase. Why wouldn’t you want to get the best deal possible? A mortgage is a long-term financial commitment, so it makes sense to shop around for the...
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 | 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...
