Dated back to 1992, Summit Mortgage Bankers Inc. was established at 18 Bowery, a landmark building in New York City.
At that time, most of Chinese residents in downtown Manhattan were first generation immigrants. They were hard workers but difficult to get mortgages from main street banks due to language barrier and lack of credit history.
Summit Mortgage Bankers Inc. played a significant role in bridging the gap between main street banks and Chinese immigrants. Summit hosted numerous first-time homebuyer seminars and helped thousands of families achieved the dream of homeownership in America.
Today, SMB has been a leading mortgage banker in Asian community from East Coast to West Coast. We have been in mortgage banking business for over half of a century, yet we are still growing and we are growing fast.