We do our business the old fashion way, with a handshake.
Technology Employed
Automated Underwriting, online application, with digital signing, instant approval! Clients also have access to loan status 24 hours a day online.
Locking Procedures
Locking is a joint venture with you the client and your loan officer. We prefer to employ email and a phone call, to ensure we are all on "the same page" We offer 30 and 45day plus terms. Buy-downs are available.
Third Party Fees
Third Party Fees include Title and Appraisal, we process, underwrite and fund all of our files in house.
Appraisal fee can vary from $200-500 depennding on location and property type.
Broker Fees
We will negotiate a flat fee on a case by case basis. Typically 1% of the the loan size.
Bio
Summit Mortgage is a Correspondent Lender offering all loan types and caters to all credit types! We perform our business with class and integrity. Please feel free to contact us at 612 730 2939 or email us at mwarren@summit-mortgage.com
Summit Mortgage White Bear Lake 5780 Lincoln Dr
Suite 123 Edina, Minnesota 55110