Business Details
31 Years
experience
Trusted Mortgage Solutions for Homeownership Success
Summit Funding has dedicated itself to transforming homeownership dreams into reality since 1995. Our mission extends beyond mortgage originationwe strive to empower clients through personalized financial guidance and innovative lending solutions. With a team of seasoned professionals, we offer tailored support for purchase loans, refinancing, and specialized programs including conventional, FHA, VA, and jumbo loans. Our leadership team brings decades of industry expertise, maintaining rigorous standards while fostering a culture of client-first service.Through transparent communication and adaptive strategies, we address unique financial situations while maintaining compliance with evolving industry regulations. Our commitment to excellence is reflected in our national recognition as a top 35 mortgage lender and our 4.87-star rating from over 84,000 verified reviews.
Services
Purchase Loans
Refinance Loans
Conventional Loans
FHA Loans
VA Loans
USDA Loans
Jumbo Loans
Reverse Mortgages
Loan Pre-Approval
HELOC Processing
Details
- Year established: 1995
Highlights and features
- We offer personalized mortgage guidance tailored to your unique financial situation.
- Our team provides access to a wide range of loan programs, including conventional, FHA, VA, and jumbo loans.
- With decades of combined experience, our loan officers prioritize your homeownership goals.
- We empower clients with transparent communication and no hidden fees.
- Our commitment to excellence has earned a 4.87 rating from 84,094 customer reviews.
What people say
Exceptional service
Knowledgeable loan officers
Smooth homebuying experience
Proactive approach
Met expectations
Services
Purchase Loans
Our purchase loan program helps clients achieve homeownership through tailored financing solutions. We offer conventional, FHA, VA, and USDA options with down payments starting at 3.5%. Our loan officers provide personalized guidance from pre-approval to closing, ensuring competitive rates and transparent processes. With flexible qualification criteria and nationwide service capabilities, we simplify the path to buying your dream home.
Refinance Loans
Our refinance solutions help homeowners optimize their financial position by lowering monthly payments, adjusting loan terms, or accessing home equity. We offer rate-and-term refinancing, cash-out options, and streamline programs for existing VA loans. Our team analyzes current market conditions and individual circumstances to determine the most beneficial refinancing strategy for each client.
Conventional Loans
Our conventional loan program provides flexible financing for primary residences, second homes, and investment properties. With down payments starting at 3%, we offer fixed-rate and adjustable-rate options up to $766,550. Benefits include no required mortgage insurance at 20% down and seller contributions up to 9%. Our underwriters work closely with borrowers to ensure clear documentation and timely approvals.
FHA Loans
Our FHA loan program enables low-to-moderate income borrowers to achieve homeownership with minimal down payments. Offering 3.5% down payment requirements and credit score flexibility, these loans include mortgage insurance premiums that can be financed into the loan amount. We specialize in helping first-time buyers navigate this government-backed program with personalized support.
VA Loans
We provide specialized VA loan programs for veterans, active-duty personnel, and surviving spouses. These zero-down payment loans feature competitive rates, no mortgage insurance requirements, and seller contributions up to 4%. Our dedicated VA loan specialists guide clients through the unique benefits of this government-backed program while ensuring compliance with military service requirements.
People
Todd Scrima
CEO
Founder and CEO since 1995, Todd Scrima has led Summit Funding to become a top 35 mortgage lender nationwide. His leadership drives our mission to prioritize customer needs while maintaining industry excellence through innovative lending practices.
Kris Ringrose
COO
As Chief Operating Officer, Kris Ringrose oversees daily operations and process optimization. With extensive mortgage industry experience, he ensures efficient service delivery while maintaining compliance with regulatory standards across our nationwide operations.
Robyn LaVassaur
EVP of Sales
Robyn LaVassaur leads our national sales strategy as Executive Vice President of Sales. Her expertise in mortgage sales development has expanded our market presence while maintaining rigorous client service standards across all branches.
Mike Beeman
EVP of Capital Markets
Mike Beeman directs capital market strategies as Executive Vice President, ensuring liquidity and financial stability. His leadership in mortgage-backed securities and investor relations supports our ability to offer competitive loan products nationwide.
JD Phelps
Chief Information Officer
JD Phelps leads technology innovation as Chief Information Officer. He oversees digital transformation initiatives, cybersecurity, and data management systems that enhance client experience while maintaining strict compliance with financial data protection regulations.
Questions
What down payment options are available?
We offer loan programs with down payments ranging from 0% (VA loans) to 3.5% (FHA loans). Conventional loans require as little as 3% down, with flexible gift fund and seller contribution options available.
What components make up a mortgage payment?
Your monthly payment typically includes principal, interest, property taxes, and insurance (PITI). Depending on your loan type, it may also include mortgage insurance or homeowners association fees.
How do I start the home loan process?
Begin by connecting with a Summit Funding loan officer for pre-qualification. We'll review your financial profile, discuss goals, and recommend suitable loan programs to start your homeownership journey.
What's the difference between pre-qualification and pre-approval?
Pre-qualification provides an initial estimate based on self-reported financial information. Pre-approval involves verified documentation and credit checks, resulting in a conditional commitment letter for specific loan terms.
Can I refinance my existing mortgage?
Yes, we offer refinance options to lower payments, adjust loan terms, or access home equity. Eligibility depends on current market rates, home value, and your credit profile.
Are there special programs for first-time homebuyers?
We offer state-specific down payment assistance programs and government-backed loans tailored for first-time buyers. Our loan officers can help identify local programs that match your eligibility.
