Where does Summit Funding do business?

Summit Funding is a direct lender based in Sacramento, CA. The company was founded in 1995 and offers mortgage refinancing to borrowers in 33 states across the USA.

What is the maximum loan term for a mortgage refinance via Summit Funding?

The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Summit Funding offers mortgages refinancing with terms ranging from 15 to 40 years.

Does Summit Funding charge a mortgage origination fee?

Yes, Summit Funding may charge a loan origination fee.

Does Summit Funding charge prepayment fees?

Yes, Summit Funding charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What mortgage programs does Summit Funding offer?

Summit Funding offers the following mortgage programs:

  • Conventional mortgages
  • FHA
  • USDA
  • VA

What property usage types does Summit Funding allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Summit Funding allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
  • Inestment properties and house flipping projects 

  • Loan Term (Years)
    15 - 40
  • Institution Type
    Direct Lender
  • Intended Use
    • Investment/House Flipping
    • Primary Home
    • Secondary Home
  • Loan Amount
    Up to $4000000
  • Terms
    5/1, 15, 20, 30, 40 years
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