Capital Home Mortgage Birmingham

Birmingham Home Loans

Home Purchase
Save Today
Have Questions?

Birmingham Alabama Mortgage Lender

Home Loans In Birmingham, Alabama

Welcome to Capital Home Mortgage Birmingham. Founded during the post-Civil War Reconstruction period in 1871, the city of Birmingham has since developed into a significant economic and social hub in the state of Alabama. Among the many things that the city is known for, Birmingham is also the founding city of National Veterans Day. 

The real estate market in Birmingham has had its fair share of highs and lows in the wake of the pandemic. However, with its area poised for growth in home sales and prices in 2022, now may be a good time to look at some housing options. 

If you’re looking to own a home in Birmingham, Alabama, we can help you get the right home loan to finance the purchase. At Capital Home Mortgage, we offer an extensive lineup of home loan programs to fit different home buyer needs. 

Types Of Home Loan Programs In Birmingham

There are three main categories of home loans available to Birmingham residents: 

1. Government-Insured & Guaranteed Home Loans 

These are home loan programs that enjoy backing from the federal government. They are offered as part of the government’s commitment to helping Americans access mortgage products to enable them to become homeowners. 

Because the government insures them, these loans are generally easier to access and ideal for home buyers with lower credit scores and limited down payments. 

The most common types include: 

  • FHA Home Loans 

The Federal Housing Administration oversees this program. If you’re a first-time home buyer, an FHA loan might be a great option since it requires a 3.5% down payment and a credit score of 580. 

  • USDA Home Loans

 The US Department of Agriculture oversees this program. These loans are available to borrowers looking to own homes in qualified rural areas. They offer 100% financing, no money down required.

  • VA Home Loans 

The U.S. Department of Veterans Affairs manages this program. VA home loans are available to active or retired veterans and their families only. There’s no down payment required. 

These loans are available to Native American Indians. The program is managed by the U.S. Department of Housing and Urban Development.

2. Conventional Home Loans 

These loans are not insured or backed by the government. Conventional home loans can be used to finance primary and secondary homes and investment properties. 

The required down payment is as low as 3%, though anything lower than 20% will usually incur private mortgage insurance payments to the lender. Borrowers need a minimum FICO credit score of 620 to access conventional loans.

3. Jumbo Home Loans 

Jumbo loans are aptly named since they offer much higher loan amounts than conventional and government-backed loans. They are typically used to finance the purchase of high-end properties or homes in expensive areas, such as New York, Los Angeles, and Hawaii. 

Because of the high amounts involved, the eligibility requirements for jumbo home loans are stringent and often require more in-depth documentation. For instance, borrowers must have a minimum FICO credit score of 700 and a max debt to income ratio of 45%. 

Birmingham, Alabama Mortgage Lender

Capital Home Mortgage is a full-service, direct mortgage lender serving Birmingham residents. We understand that buying a home is a huge decision, so our mortgage professionals work tirelessly to provide a stress-free experience from start to finish. 

Because we have direct endorsement authority to underwrite and approve your loan, Capital Home Mortgage can offer on-time true approvals, lower rates, and exceptional customer service. 

Get Started With A Quick No-Obligation Quote

At Capital Home Mortgage Birmingham, we provide dedicated touchpoints throughout the home loan process so you can quickly and easily find the right program that meets your home buying requirements. 

Get in touch with our loan officers today by calling (205) 352-1030

Thank you for visiting our web page and the opportunity to earn your mortgage business in Birmingham, Alabama. 

Why Birmingham is Choosing Capital Home Mortgage...

Close On Time with True Approval

Control of the Loan from the Application to Funding.

Great Birmingham Rates / Low Fees

Direct Mortgage Lender Providing Competitive Rates and Low Fees.

Birmingham Customer Service

7  Day a Week Support from Application to Final Mortgage Payment. 

Birmingham Mortgage Rates

Capital Home Mortgage Birmingham is dedicated to offering Great Birmingham Mortgage Rates. 

Call now to speak with a Loan Officer or request a no obligation custom rate quote.

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

Birmingham Alabama Mortgage Loans

Birmingham Home Purchases

Buying a Birmingham Home?

  • Primary, 2nd, Investment
  • Low Rates & Low Fees
  • Conventional, FHA, VA, USDA
  • Jumbo, Reno, Manufactured

Birmingham Renovation Home Loans

Birmingham Rehab Loans

  • Remodel, Renovate, Repair
  • FHA 203K Streamline or Full
  • Fannie Mae Homestyle Reno
  • Freddie Mac Choice Reno

Birmingham FHA Home Loans

1st Time Birmingham Homebuyers

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

Birmingham VA Home Loans

100% Loans for Birmingham Veterans

  • Simply Qualifying
  • No Down Payments 
  • Lower Credit Scores Allowed
  • Manual Underwriting Allowed

Birmingham Conventional Home Loans

Flexibility for Birmingham Buyers

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

Birmingham Jumbo Home Loans

Great Birmingham Rates

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

Birmingham USDA Home Loans

Birmingham Rural Properties

  • Rural Properties Only
  • Primary Residence Only
  • New Manufactured Homes
  • Closing Costs Can Be Rolled In

Birmingham Native American Loans

Birmingham HUD 184 Loans

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

Birmingham Manufactured Home Loans

Birmingham Mobile Home Loans

  • Purchase or Refinance
  • New Home Purchase
  • OTC Combo Land & Home
  • FHA, VA, USDA, & HUD 184

Birmingham Reverse Mortgages

Your Birmingham Home at Work

  • Primary Residence Only
  • Simple Qualifying
  • Credit Scores Not Applicable
  • Minimum Age 62

Birmingham Cash Out Mortgage Refinance

Birmingham Equity Refinance

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

Birmingham Mortgage Refinance

Birmingham Rate & Term Refinance

  • Purchase, Refi & Cash-out
  • Primary, 2nd & Investment
  • Full Doc & Alt Doc Programs
  • Corporations OK

Texas Mortgage Team

Conor Hayhurst

Manager
NMLS 743506

Damon Embler

Sr Loan Officer
NMLS 882260

chris erwin

Sr Loan Officer
NMLS 914064

Dale Gremillion

Manager
NMLS 210325

Birmingham Mortgage Company Reviews

Alabama Cities

Birmingham Home Loans

Montgomery Home Loans

Mobile Home Loans

Huntsville Home Loans

Tuscaloosa Home Loans

Hoover Home Loans