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TRADITIONAL Summit County Mortgage Loans
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- Home Loan Purchase - The fast paced real estate market in Summit County Colorado makes it necessary to obtain home purchase loans quickly and efficiently. We have spent many years developing relationships with a select group of wholesale lending partners so that we can offer a selection of home purchase loan products second to none. These programs are well suited for today’s busy lifestyles and savvy shoppers. Whether you are trying to obtain a first time homebuyer loan or are a seasoned homeowner, Summit County Mortgage has the mortgage loan to meet your needs.
- Mortgage Refinance - If you are considering refinancing your property, then look no further than Summit County Mortgage. Whether you are shopping for a fixed rate mortgage, an interest only loan, a flexible adjustable rate mortgage, or a jumbo loan product, Summit County Mortgage has the program to meet your mortgage refinancing needs.
- Fixed Rate Mortgage - When it comes to getting one of the best fixed mortgage interest rates in Summit County, it is hard to beat Summit County Mortgage. You can feel secure knowing that your mortgage payment will not fluctuate in an unpredictable market and will remain constant during the term of your mortgage. You can select from either a 40 year fixed, 30 year fixed, 20 year fixed, 15 year fixed or 10 year fixed mortgage product.
- Adjustable Rate Mortgage - Adjustable rate mortgages (often referred to as ARM) typically have a fixed period of time where the rate is lower than traditional 15 - 40 year fixed rate products. Upon completion of the initial fixed-rate period, the rate begins to adjust up or down based upon the value of an assigned index. Thus, if you are looking for a low initial payment and only plan to be in a home for ten years or less, an adjustable rate mortgage might be a good decision.
- Home Equity Line of Credit - An Equity Line of Credit, often referred to as a HELOC, can offer numerous benefits to Summit County homeowners. One of the biggest advantages of these loans is that you are typically only required to pay interest on the existing balance that you owe. Thus, if you have a $30,000 equity line of credit but only have drawn $5,000 from the line, your monthly payment is based on the $5,000 balance. These mortgages often function in the same manner as credit cards, except that your home is the collateral for the loan.
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