Capital Home Mortgage Peoria
Peoria Arizona Mortgage Lender
Home Loans In Peoria, Arizona
Peoria is known for its diverse population and beautiful scenery. The real estate market in Peoria is also very diverse. Many types of mortgage loans are available to borrowers looking to own a home in this city.
As a potential homeowner, it’s essential to understand what home loan options are available to you in Peoria. This way, you can better prepare to meet the eligibility requirements and obtain the home financing you need. Here’s what you need to know.
Mortgage Loans Available In Peoria, AZ
FHA Home Loan
This mortgage is insured by the US Department of Housing and Urban Development (HUD) and is available to first-time homebuyers with a credit score of 580 or higher. This loan allows for a down payment as low as 3.5% of the purchase price and is the most lenient among home loan programs in the market.
VA Home Loan
This mortgage is available to eligible US military personnel and their spouses. It is guaranteed by the US Department of Veterans Affairs and offers up to 100% financing of the purchase price.
USDA Home Loan
The USDA-guaranteed home loan is a government-backed mortgage available to homebuyers in rural and suburban areas. It offers 100% purchase price financing and does not require a down payment.
Conventional Home Loan
The government does not back this loan and typically requires a down payment of 3 – 5%. This makes it one of the easier loans to qualify for among borrowers who do not qualify for government-backed home loans.
Jumbo Home Loan
If you’re planning to purchase a luxury home or any high-priced home, you’ll likely need a Jumbo loan. These loans have higher interest rates and require a larger down payment of at least 20% of the purchase price.
Native American Home Loan
Capital Home Mortgage offers a home loan program specifically for Native American tribes. This program is backed by the HUD Office of Native American Programs and the Bureau of Indian Affairs.
Manufactured Home Loan
This type of home loan is available for those who wish to purchase a manufactured or modular home. These homes must meet specific standards to qualify for this type of loan.
Renovation Home Loan
If you’re looking for a home that you want to renovate or make major repairs to, a renovation home loan can help. This loan allows people to look forward to repairing or improving their homes.
Also known as the Home Equity Conversion Mortgage or HECM, this loan caters to seniors 62 years or older. It allows them to access the equity in their home without having to make monthly payments.
Peoria, AZ Mortgage Lenders
Whether you’re looking to apply for a home loan or refinance your mortgage in Peoria, Capital Home Mortgage is here to help you find the right solution.
We have taken the necessary steps to simplify the home loan process from application to funding. As direct mortgage lenders, we can offer flexible underwriting, quicker processing, and lower fees.
Own Your Dream Property In Peoria, AZ Today!
Let Capital Home Mortgage help you secure the perfect loan for your home financing in Peoria. Call (480) 360-6650 to speak to a loan officer and get started on the process.
Thank you for visiting our page, and we look forward to providing your next home loan in Peoria, AZ!
Why Peoria HomeBuyers are Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates and Low Fees
7 Day a Week Support Application to Final Mortgage Payment
Peoria 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 the mortgage Securities
- Property securing the mortgage
- occupancy of the property
- Loan to value of the property
- Borrower’s credit worthiness
Arizona Mortgage Programs
Arizona Home Purchase
Thinking of Buying an Arizona 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
Arizona renovation home loans
Looking to Rehab an Arizona 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
Arizona FHA Home Loans
Great for 1st Time Arizona 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
Arizona VA Home Loans
100% Financing for Arizona 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
Arizona Conventional Home Loans
Flexibility for Arizona 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
Arizona Jumbo Home Loans
Arizona 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
Arizona USDA Home Loans
100% Arizona 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
Arizona Native American Home Loans
Arizona 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
Arizona Manufactured Home Loans
Great Alternative Arizona 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
- OTC Land/ Home Combo
- Lock Rate Before Completion
- FHA, VA, USDA, & Native Loans
Arizona reverse mortgages
Your Arizona 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
Arizona Non QM Home Loans
Making Arizona 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
Arizona One Time Close mortgages
Build Your Arizona 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
Arizona Refinance Mortgage Loans
Arizona 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
Arizona Cash-out Home mortgages
Arizona 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