Entries by nicole

Here’s What You Need to Know Before Working with Jumbo Mortgage Lenders

There are many types of mortgages out there, and one that tends to attract a lot of attention is the so-called “jumbo mortgage.”  Many jumbo mortgage lenders even offer sweetheart deals on the interest rate, making them particularly attractive to buyers who think they may qualify. What’s a jumbo mortgage?  Would you want one?  Here are […]

What Is A Fixed Interest Rate Mortgage and What Are Its Advantages?

When you’re buying a home, you have a lot of decisions to make – but one of the most important, and with the most long-term consequences, will be deciding what type of mortgage to take out.  There are many specific kinds of mortgages, but they broadly break down to two categories: adjustable rate mortgages and fixed […]

Is Your Mortgage Interest Rate Increasing Every Year?

If you’re on an adjustable rate mortgage (ARM) and it seems like your rates keep going up, you aren’t imagining things.  They are.  For the past decade, ARM rates have been going upwards steadily, and there’s currently not much reason to think the trend will change. This means you’re paying more money each month while […]

Cash-Out Refinancing Versus a Home Equity Loan

If you’re looking to extract value from your home to pay for new additions or to consolidate debt, you generally have two options: cash-out refinancing or a home equity loan. Our team at Mortgages Diversified can help you to understand the full range of benefits each option offers and decide which is right for you. […]

What You Should Know About Adjustable Rate Mortgage Options

With an adjustable rate mortgage, you’re often at the mercy of the financial markets. In a rising mortgage rate environment, you could find yourself paying hundreds of dollars more per month for your home mortgage. Our team at Mortgages Diversified can help alleviate the stress of a rising interest rate environment. Here, we’ll delve into […]

A Guide to Refinancing Mortgage Loans

Refinancing mortgage loans can ensure you have more money available each month to pay your other obligations. Many homeowners are now struggling to pay the costs of their current mortgage and require a path forward to minimize their monthly spending. In this post, our team will provide a guide for reducing monthly mortgage costs. Extend […]

What You Should Know About Refinancing Home Loan Rates

When taking on the refinancing of your home loan, in order to reduce your rates, it’s important to review the marketplace and speak with experts about the latest options. Our team at Summit Mortgage Corporation has many years of experience guiding clients on mortgage refinancing and in this new post, we’ll explain what you need […]

Discover the Latest Mortgage Advice from Our Diversified Lenders

When you’re in the process of applying for a mortgage, you must work with your lender and find ways to enhance your credit to achieve the ideal mortgage loan. Our team of Mortgages Diversified at Summit Mortgage Corporation has decades of experience in the industry. In this new post, our diversified lenders will help you […]

Our Lenders Offer a Guide to Jumbo Mortgage Loans in 2019

The Federal Housing Finance Agency has recently announced that they’ve raised conforming loan rates for 2019. Now, in most counties across the country, the conforming loan limit for a single-family home will be $484,350, which marks an increase of $31,250 from the 2018 limits. The new rise in limits means that the federal government has […]