Capital Home Mortgage Huntsville

Huntsville Home Loans
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Huntsville Alabama Mortgage Lender

Home Loans In Huntsville Alabama

Welcome to Capital Home Mortgage Huntsville.  Huntsville, Alabama’s most populous city, is a place filled with rich heritage and high-tech opportunities, even earning the nickname “The Rocket City” because it is home to NASA’s Marshall Space Flight Center and the U.S. Army Aviation and Missile Command.

According to the National Association of Realtors, Huntsville made it to the real estate market’s top ten “hidden gems.” This means that the housing situation in Huntsville is gaining more recognition, which can impact your plans for homeownership. 

But before making your move, it’s crucial first to sort out your home financing options. If you’re like most potential home buyers, you’ll likely need to obtain a home loan in Huntsville. When considering home loans, you’ll come across the terms “pre-approval” and “pre-qualification.” 

Both are essential aspects of the home loan process, and it’s unlikely that any seller or agent will take you seriously without them. With that in mind, here’s what you need to know. 

Loan Pre-approval vs. Pre-qualification

Homebuyers often encounter these two terms. Some even make the mistake of interchanging one for the other. However, pre-approval and pre-qualification are entirely different, even though they share similarities. 

  • Pre-qualification

Pre-qualification is when the lender gives a competent estimate of the loan amount. It doesn’t take long to be pre-qualified. In some cases, you don’t even need to go to the lender because pre-qualification can be done over the phone. 

In this process, you will inform the lender of your general financial statuses, such as outstanding debts, current income, and assets.

The amount quoted during pre-qualification is not the final loan amount, but you can use it as a price limit when you go home shopping. Once you’ve been pre-qualified, you’ll receive a pre-qualification letter from the lender, including letter expiry date, conditions, and disclaimers.

  • Pre-approval

Getting pre-approved is the step after pre-qualification. Pre-approval is a much more “involved” procedure since you must present yourself to the lender. 

During pre-approval, you’ll be asked to complete the application process, submit documents, and go through verification and underwriting. Lenders will often provide a “conditional commitment” for the loan amount so that you can look for homes to buy.

The pre-approval process will include a complete review of your financial background. Lenders will pull and check your credit. Your file will be processed as if you found a house to purchase. After the verification process, your file will go through Underwriting to ensure all T’s are crossed and I’s dotted. After the underwriter reviews your file and documents, you will be given a “conditional approval.” You need a specific property to match the approval amount.

Huntsville Alabama Mortgage Lender

Getting your dream house in Huntsville starts with pre-qualification and pre-approval. Capital Home Mortgage can help in both instances. 

Our mortgage experts will work with you to quickly get these steps out of the way so you can begin your house hunting in earnest. Once you’ve found the perfect home for you, we’ll help you find the right Huntsville home loan program for your needs. 

As a full-service, direct mortgage lender, we handle all aspects of the loan process, allowing for quicker processing, flexible underwriting, and comparatively lower fees. 

Get A Home Loan In Huntsville

At Capital Home Mortgage, we understand how stressful the home loan process can be, especially for first-time homebuyers. Rest assured that you can expect a more streamlined process from start to finish with us. 

Find the right home loan in Huntsville, Alabama, today. Get started by calling our loan officers at (205) 352-1030

Thank you again for your interest in Capital Home Mortgage Huntsville, and we look forward to providing your next home loan.

Why Huntsville 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 Mortgage Payment

Huntsville 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 mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness
Huntsville Mortgage Programs

Huntsville Home Purchase loans

Looking to Purchase a Huntsville 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, 2nd Home, Investment
  • Low Rates & Fees, No fee Options
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo & Renovation
  • Manufactured, Construction, Reverse

Huntsville Renovation Home Loans

Looking to Rehab a Huntsville Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
  • Remodel, Renovate or Repairs
  • FHA 203K Streamline 
  • FHA Full Documentation Rehab
  • Fannie Mae Homestyle Reno
  • Freddie Mac Home Choice Reno

Huntsville FHA Home loans

Great 1st Time Huntsville 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 Payments
  • Flexible Underwriting Guidelines
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Down Payment Gifts Allowed

Huntsville va Home Loans

100% Financing for Huntsville Vets

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
  • No Mortgage Loan Limits
  • Simple Qualifying
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Manual Underwriting Allowed

Huntsville Conventional Home loans

Flexibility for Huntsville 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 Properties
  • Single and Multi-Family Properties
  • Variable Mortgage Insurance Options
  • Low Rates & a Variety of Mortgage Terms
  • Renovation Programs Available

Huntsville Jumbo Home Loans

Huntsville Non-Confirming Home Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
  • Primary & 2nd Homes
  • Variety of Mortgage Programs
  • Simple Qualifying for Veterans
  • Investor Specific Guidelines
  • Credit Score Minimums

Huntsville USDA Home loans

100% Rural Huntsville 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.
  • Primary Residences
  • No Down Payment Required
  • New Manufactured Homes Allowed
  • Closing Costs / Repairs Rolled In
  • Geographic and Income Limits Apply

Huntsville Native american Home Loans

Huntsville 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
  • Purchase, Refinance, and Renovation

Huntsville Manufactured Home loans

Great Alternative Huntsville Housing

Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
  • Existing Purchase or Refinance
  • New Construction
  • One Time Close Land/Home Combo
  • Lock at Contract
  • FHA, VA, USDA, Native American

Huntsville Reverse Mortgage Loans

Your Huntsville 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
  • No Credit Score Requirements
  • Minimum Age 62
  • Purchase, Refinance, and Cash-Out

Huntsville Non QM Home loans

Making Huntsville Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
  • Purchase, Refinance & Cash-out
  • Primary, Secondary, Investment Properties
  • Full Doc Programs
  • Alt Doc Programs
  • Corporations OK

Huntsville One Time Close Home Loans

Build Your Huntsville 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 Residences Only
  • One Time Close
  • Lock Rate at Closing
  • Traditional Final Mortgages
  • No Payments During Construction

Huntsville Refinance Mortgage loans

Huntsville 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.
  • Lower Monthly Payment
  • Shorten Mortgage Term
  • Streamline Options Available
  • Appraisal Waivers Allowed
  • VA IRRRL’s

Huntsville Cashout Mortgage Loans

Huntsville 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
  • Dream Vacation
  • Higher Education

Huntsville Alabama Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132

Jordan Mowrey

SR Loan Officer
NMLS 210325

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