Capital Home Mortgage Alabama
Alabama home purchase loans
Home Purchase lender Alabama
Purchase Home Loans AlabamaIf you’re looking to buy a home in the Evergreen State, Capital Property Mortgage is here to help. Because we offer a wide range of mortgage products, homebuyers can pick the program that best suits their budget and level of financial responsibility. In Washington, we have mortgage consultants that can help you find the best lending option.
Home Purchase Loan Programs In Alabama
Conventional – Conforming
FHA Home Loans
VA Home Loans
USDA-Guaranteed Home Loans
Home Renovation Loans
Non-Qualified Mortgage Loans
Apply For A Home Purchase Loan in AlabamaIf you want to apply for a home purchase loan in Alabama state, several alternatives are open to you. Capital Home Mortgage is an Alabama direct mortgage lender. We are committed to providing superior customer service and look forward to assisting you. Please call (205) 352-1030 to speak to one of our loan officers.
Why Alabama 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
7 Day a Week Support Application to Final Mortgage Payment
Alabama 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 the mortgage Securities
- Property securing the mortgage
- occupancy of the property
- Loan to value of the property
- Borrower’s credit worthiness
Alabama Home Purchase Loans
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
Alabama fixed rate Mortgage Loans
All Fixed Rate Mortgage Loans are designed to have equal payments for the specified term. These loans offer predictability and are deemed to be less risky for borrowers. Fixed Rate Mortgage Loans are available with all mortgage products and are typically offered in 15 year and 30 year terms. However, Fixed Rate Mortgage Loans are also offer in 10 year, 20 year and 25 year terms although less common due to demand.
Alabama Adjustable Rate Mortgage Loans
Adjustable Rate Mortgage Loans known as ARM’s are available with most mortgage products although limited with FHA, VA and USDA. ARM’s are great fit for homebuyers who plan to sell or refinance their home between 1 and 10 years and are looking for the lowest possible payment. ARM’s offers lower rates during times where fixed rates are higher. An adjustable rate mortgage is fixed for a specific time then adjusts on a predetermined time period and a predetermined amount based on a financial index and a fixed margin.