Brian Sapp NMLS ID# 295420 | CA DRE#: 01170429 | Branch NMLS ID# 1841782 | RM.804129.014

Summit Funding, Inc. NMLS ID# 3199 (www.nmlsconsumeraccess.org). Licensed by CA Dept of Business Oversight #6072526,

CA Bureau of Real Estate #01220358, AZ Lic# 0925837, GA Lic# 39456, Illinois Residential Mortgage Licensee.

Summit Funding, Inc. Privacy Policy 
Equal Housing Opportunity. Fair Housing & Discrimination violations will be reported online to HUD's local FHEO Regional Office or by calling the Fair Housing Complaint Hotline at 1-800-669-9777

Last Revised: 7/03/2019

  • Facebook - Black Circle
  • Twitter - Black Circle
  • Instagram - Black Circle

Mortgage Pre-qualification

We walk you through the pre-qualification review, home search, and escrow process to help make your home purchase as simple as possible. Including addressing any potential issues upfront.

With the pre-qualification process:

  • We'll give you a complete consultation, review your profile, and receive your verification paperwork​

  • Upon pre-qualification and verification of your income and assets, we'll provide you with a pre-qualification letter and estimates of total fees and monthly payment for your loan amount

  • We'll provide you with guidance throughout the home search, offer, and escrow process once you have an offer accepted (AND we'll be there for you when you have questions after you've moved in to your home)

Home Buyer Calculators

When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use our new house calculator to determine how much of a mortgage you may be able to obtain.

Different mortgage terms and rates can make the loan selection process confusing, especially if you don't plan on keeping the loan for the full term. Use this calculator to determine the total cost in today's dollars of various mortgage alternatives taking into account your opportunity cost of money.

The loan amount, the interest rate, and the term of the mortgage can have a dramatic effect on the total amount you will eventually pay for the property. Further, mortgage payments typically will include monthly allocations of property taxes, hazard insurance, and (if applicable) private mortgage insurance (PMI). Use our mortgage calculator to see the impact of these variables along with an amortization schedule.

With interest rates near forty year lows, the decision to rent versus buy becomes difficult. Use this calculator to help determine which makes sense for you at this time.

In addition to the calculated monthly payments, annual percentage rate (APR) offers a good apples-to-apples comparison between loans. APR takes into account the varying discount points, closing costs and fees that are typically added into the loan amount and financed over the term of the loan. If the fees are paid "out-of-pocket" then the APR will be the same as the stated interest rate. Use this calculator to help determine the best loan option for you.