flagstaff Arizona Mortgage Lender

Home Loans In Flagstaff, Arizona

Popularly called “The City of Seven Wonders,” Flagstaff is one of Arizona’s most exciting, adventure-filled cities. Some of its most famous attractions include the Coconino National Forest, Grand Canyon, Oak Creek Canyon, San Francisco Peaks, Sunset Crater, and many more.  Our team at Capital Home Mortgage can help you get the financing you need. We are committed to educating our clients, so they make informed mortgage decisions. With that in mind, let’s give you a quick walkthrough of the two most common home loan terms in Flagstaff — 15 years and 30 years so you can easily understand which is suitable for your situation. 

Fundamentals of 15- and 30-Year Mortgages

15-Year Mortgage Loan

As the name implies, a 15-year mortgage loan means the life of the loan is 15 years. In other words, you will have to make monthly payments for 15 years to repay the loan.
  • The primary advantage of a 15-year mortgage loan is that you will save money on interest because the loan will be paid off in a shorter time.
  • The disadvantage of a 15-year mortgage loan is that your monthly payments will be higher because you are paying off the loan in a shorter time. Plus, the chance of getting approved for this kind of loan may be lower, particularly for first-time borrowers, since the monthly payments are higher and few first-timers have the financial capacity. 

30-Year Mortgage Loan

In the same vein, a 30-year mortgage loan means the life of the loan is 30 years. You will have to make monthly payments for 30 years to repay the loan entirely.
  • The advantage of a 30-year mortgage loan is that your monthly payments will be lower because you are paying off the loan over a more extended period. Another advantage of this loan is that it’s easier to get approved for this kind of loan since the monthly payments are lower.
  • The main disadvantage of a 30-year mortgage loan is that you will end up paying more interest because the loan will take longer to pay off.

What Makes A Mortgage Right For You?

Now that you understand the basics of 15 vs. 30-year mortgages in Flagstaff, AZ, it’s time to decide which one is right for you. To make this decision, you need to consider your financial situation and what you can afford. If you can afford the higher monthly mortgage payments of a 15-year mortgage loan, this may be the right choice for you. However, a 30-year mortgage loan may be the better option if you need a lower monthly price.

Flagstaff, AZ Mortgage Lender

Capital Home Mortgage Flagstaff is here to provide all the guidance in obtaining the right home loan for your needs. As a direct mortgage lender, we provide comprehensive services from pre-approval to home buying assistance. We offer a wide selection of Flagstaff home loans, including Conventional, Jumbo, USDA, FHA, and Native American loans. Our team will work closely with you to ensure a smooth, hassle-free home loan process from start to finish. 

Get Your Dream Home With Capital Home Mortgage Flagstaff

Owning a home is a dream shared by many. At Capital Home Mortgage, we pride ourselves on making this dream a reality for our clients. Give us a call today at (480) 360-6650 to speak with our loan officers about your home loan in Flagstaff. 

Why Flagstaff HomeBuyers are Choosing Capital Home Mortgage

Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Payment

Flagstaff Arizona Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Flagstaff Mortgage Programs

Flagstaff Home Purchase

Thinking of Buying an Flagstaff Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.

  • Primary, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Flagstaff renovation home loans

Looking to Rehab an Flagstaff Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Flagstaff FHA Home Loans

Great for 1st Time Flagstaff Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.

  • Smaller Down Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Flagstaff VA Home Loans

100% Financing for Flagstaff Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Flagstaff Conventional Home Loans

Flexibility for Flagstaff Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a Loan Officer.

  • Primary, 2nd Home, Investment
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Flagstaff Jumbo Home Loans

Flagstaff Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Flagstaff USDA Home Loans

100% Flagstaff Rural Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Flagstaff Native American Home Loans

Flagstaff HUD 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.

  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed

Flagstaff Manufactured Home Loans

Great Alternative Flagstaff Housing

Flagstaff reverse mortgages

Your Flagstaff Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

  • primary residence only
  • simple qualifying – equity based
  • credit scores not applicable
  • Minimum age 62

Flagstaff Non QM Home Loans

Making Flagstaff Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Flagstaff One Time Close mortgages

Build Your Flagstaff Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.

  • Primary Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Flagstaff Refinance Mortgage Loans

Flagstaff Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Flagstaff Cash-out Home mortgages

Flagstaff Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.

  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Vacation or Education

Flagstaff Arizona Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132

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