Summit Bank puts today’s attractive mortgage rates to work for you by offering a variety of loan products.   Whether you’re a first-time home buyer or in the market for a second home, you can count on Summit Bank to find the perfect product for you.

Contact us for information on the Residential Mortgage programs listed below:

Fixed Rate Mortgage
Fixed Rate Mortgages allow you to establish a fixed interest rate and monthly payment for the term of the loan. A fixed rate loan offers protection from rising interest rates.

Adjustable Rate Mortgage
Adjustable Rate Mortgages provide low interest rates for homebuyers who intend to stay in their home for five years or less. After one, three or five years, the rate adjusts annually up to a maximum amount. Because initial monthly principal and interest payments for the first year or more are also lower, you may qualify for a larger loan amount.

Jumbo Loans
For the homebuyer with financing needs greater than $417,000

Construction Financing
Contact Summit Bank for help with your construction financing. We'll make the process simple for you. Our construction lenders and mortgage lenders work hand in hand to coordinate all the details.

Cash Out Refinance or Home Equity Loans
Do you need to consolidate your debt? If you have equity in your home, we can cash out to pay off credit cards, make home improvements or buy a new car.

FHA Financing
Are you a first-time home buyer and needing a little more help towards your down payment and closing costs? Summit Bank is now offering FHA Financing. Minimum required down payment for FHA Financing is 3.5%. FHA allows 100% gifted funds to apply towards the required 3.5% down payment, lower borrower credit scores for qualification and seller contributions up to 6% of the sales price.

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