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Your furbaby already loves you. But they’ll be ecstatic with a backyard at a home you both can call your own.

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Things to keep in mind

First-Time Home Buyer Tips


iconKeep Tabs On Your Credit Score

Do you know what your credit score is and are you trying to improve it? Start building your credit well before you consider purchasing a home. Simply using a credit card for a few regular bills each month and then paying the balance completely each month can improve your score.


iconGovernment Backed Loans May Be a Great Fit For You

While we offer traditional fixed and variable rate mortgages, we also have access to offer FHA or USDA loans. These are government backed loans that often require significantly less of a down payment and, in general, can be easier to qualify for.

iconKnow Your Budget

Crunch the numbers and figure out how much house you can comfortably afford. A general rule is that a mortgage payment should not exceed more than 28% of your gross monthly income. Talk to one of our mortgage experts for specific guidance!

iconDon't Forget About Closing Costs, Property Taxes, and Other Moving Expenses

Your mortgage payment is just part of the cost that comes with owning a home. Many loan types have closing costs associated with them. Property taxes and home maintenance costs should also be budgeted for in advance.

iconConsider a Preapproval

A preapproval is when a lender confirms how much it is willing to lend you before you've actually found a specific home. This lets you shop with an accurate budget and often can give you a leg up in the home buying market with some realtors.

iconDon't Assume "Online Only" Lenders are Always the Most Affordable

While "online only" mortgages may seem convenient, many customers have told us their closing costs and other fees were outrageous and came as a complete surprise. We won't pull any surprises like this and will work with you to get the most affordable home loan we can.



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FHA and USDA loans originated by Summit Mortgage. Summit Mortgage is a wholly-owned subsidiary of MutualBank and is not a member of the FDIC. MutualBank is a member of the FDIC. The lender is not affiliated with FHA or USDA. Additional terms and conditions may apply. Rates are subject to change without notice.


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