What we do
Lic. 01866649 - NMLS 311726
Need to upgrade or downsize?
First time home buyer?
Thinking about listing and selling your home?
Want to lower your existing payment or term?
Cash out or consolidate debt? Reverse Mortgage?
Lenders Direct Funding Inc., DBA: Summit Realty Group is dedicated to streamlining your real estate and mortgage needs. We understand your house is often times your biggest financial commitment.
We shop amongst a wide range of lenders to pair your specific scenario to the best-priced lender. When we originate your mortgage the lender pays us directly which means no out of pocket points.
Our clients become an extension of our family. All our recommendations are what we would suggest to our family. We believe in mutual respect and building up the community for a better tomorrow.
Transaction is Done Electronically
Clients speak Spanish
Henry (Enrique) Vera
Specialty: Mortgage Loan Originator
Lily (Liliana) Vera
Specialty: Seller’s Agent and Reverse Mortgage Originator
lic. 01838805NMLS 311667
Specialty: Mortgage Loan Originator
Specialty: Buyer & Seller’s Agent
Your credit (debts) and credit scores significantly affect your mortgage interest rate and the fee(s) the lender imposes. Understanding your credit’s role in obtaining a home loan is essential. The amount of debt outstanding affects 30 percent of your credit scores. Therefore, reducing the amount of outstanding debt will positively affect your credit scores. When[…]
Earthquake safety is important for all especially us living in Southern California. From March 21 to March 27, 2016 there were approximately 221 earthquakes reported in Southern California. Whether you are a homeowner, renter, or real estate investor earthquakes affect all Southern Californians. Every October California participates in the “Great Shake Out” which prepares us[…]
Preliminary Title Report: a dated and signed report issued by a title company that sets out the detailed condition to the title of a particular parcel of land. Upon the request for a preliminary title report, the contracted title company researches public records to issue the Preliminary Title Report, also known as a Prelim. In[…]
Non negotiable closing costs: Appraisal, Credit Report, HOA Certification Services or closing costs you cannot shop for are very few when purchasing or refinancing. The lender will impose an appraisal and credit report fee. These closing costs are often paid or partially paid upfront prior to the close of escrow. Appraisal Fee: An appraisal is an[…]
4 Facts from Farmers Insurance About Earthquakes and Earthquake Insurance Rates very significantly based upon your location. In California, Earthquake insurance is issued by an independent organization, the California Earthquake Authority (CEA). CEA policies are available through many of your local insurance agents Predicting an earthquake is nearly impossible Unlike hazard (fire) insurance, Earthquake insurance is completely[…]
Will my home come with a warranty? A standard home warranty (protection) is a one year service contract that protects a buyer or homeowner from unforeseen repairs or replacements of appliances and home systems. These breakdowns are often caused by normal usage of the home systems and appliances. Is a Home Protection necessary? No, you do[…]
A person’s ownership interest in a property is referred to as title. So what does title insurance actually do for the borrower? Title Insurance protects against any past claims a person, an entity or agency may have against the property. An example of a title claim would be long lost heirs demanding ownership rights to[…]
What does it mean when my loan is with the underwriter? Once you have formally applied for a home loan, your mortgage application and supporting documentation will be submitted to a loan underwriter, who will establish your eligibility for a home mortgage. Depending on how well your loan officer has pre screened your application will determine[…]
Writing your Letter of Explanation I can guarantee you will be asked to write some type of Letter of Explanation, LOE, during the home mortgage process. Where exactly do you begin? The most common LOE’s are to address non payroll deposits to your bank account, late payments on your credit report, recent credit inquiries on[…]
How long will it take before I will be able to move into my new home? Once you are pre approved for a home mortgage the process takes between 30 to 45 days before you can move into your new home. Be sure to check out the article of why you need to be pre[…]