Loan Programs

Choosing The Right Loan

We’re here to help you get the loan that best suits your needs. It’s also important for you to know how each loan works, the advantages and disadvantages of each one, and the reasons why you fit into one better than the other. This way there are no surprises, and you will be given the ability to better your circumstances to fit into the right product for you.


Conventional The most common loan type

  • Primary residences, second homes, and investment properties
  • 10, 15, 20, and 30 year terms
  • High balance loan amounts available
  • Credit score of 620 or higher

FHA Easier Qualification

  • Direct servicer for Federal Housing Administration
  • 3.5% down payment
  • 6% of closing costs can be paid for by the seller
  • Down payment assistance available

USDA Help with home ownership in rural areas

  • 0% down payment options available
  • 6% of closing costs can be paid for by the seller
  • 100% of closing costs can be paid by gift funds from a relative or significant other
  • Credit score of 620 or higher

VA Financing for eligible American Veterans or their surviving spouses

  • Direct servicer for VA
  • No down payment required
  • No monthly private mortgage insurance
  • Loans up to 1 million dollars

Jumbo Loans between $417,000 and $3,000,000

  • as little as 10% down
  • for primary, secondary, and investment property
  • Purchase and refinance

How to Qualify

Pre-Qualification can take as little as 15 minutes, and the service is free!

Let's Get Started...

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This communication is for informational purposes only; this is not a commitment to lend. All loans are subject to buyer and property qualification. All programs, rates and fees are subject to change or cancelation at any time and without notice. Contact Summit Funding, Inc. to learn more about mortgage products and your eligibility.