Capital Home mortgage Brad Rund Team
Director Manufactured Homes
NATIVE AMERICAN LOANS
Thank you for visiting Capital Home Mortgage. We want to thank you for the opportunity to provide you with your next mortgage loan. Our goal is simple… To provide a stress free experience with competitive rates, low fees and superior service. Our concierge approach provides you with direct no nonsense real time answers, timely communication that keeps you, your agent and other parties fully engaged for an on time closing. Thank you again for giving us the opportunity to serve you.
Why HomeBuyers Are Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Competitive Rates & Fees
Direct Lender with Complete Mortgage Programs
Exceptional Service
Customer Support Application to Final Payment
Capital Home Mortgage Rates
Interests rates are calculated using several factors. Depending on the type of mortgage you are looking at and the impact of the items below can determine the interest rates.
- Demand for Mortgage Securities
- Property Securing the Mortgage
- Occupancy of the Property
- Loan to Value of the Property
- Borrower’s Credit Worthiness
Capital Home Mortgage Team
Manufacuterd Homes
Manufactured
Modular
Barndominium
chattel Mortgage Programs
True Home Only
True Home Only
- Park Set
- Family Land
- Personal Land
- 25 yr Term
- Minimum Credit Score 550
Land in Lieu
Land Plus
- Land Free and Clear
- Includes Set
- Land = 10% of Project
- 30 yr Term
- Minimum Credit Score 550
Conventional Land Home
Land Home
- Purchasing Land
- Land w Balance
- Equity Applied
- 30 yr Term
- Minimum Credit Score 550
One Time Close Mortgage Programs
FHA Home loans
1st Time Homebuyer Loans
FHA Home Loans are great for first time buyers, buyers with less than perfect credit or needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Higher Debt to Income
- Gifts Allowed
- Minimum Credit 620
va Home Loans
100% Financing for Vets
VA Home Loans are 100% Mortgages for Active Duty Servicemen and women, as well as, retired and Disabled Veterans.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher DTI
- Minimum Credit 620
USDA Home loans
100% Rural Home Loans
USDA Home Loans are 100% Mortgages for families wanting to live in rural areas outside of the larger cities.
- No Down Payments
- Closing Costs Rolled In
- Geographic & Income Limits
- Minimum Credit 620
Hud184 Home Loans
Native American Loans
HUD 184 Home Loans are solely for Native Americans and offer a variety of benefits including low down and higher loan amounts
- Manual Underwriting
- Tribal Grants Allowed
- Geographic Restrictions
- Minimum Credit 620
Mortgage Calculators
What Makes Up a Mortgage Payment?
Components of Mortgage Payments
- Principal: The portion of the payment that goes towards paying down the loan balance.
- Interest: The cost of borrowing the principal, calculated as a percentage of the remaining loan balance.
- Taxes: Annual property taxes are typically estimated and divided by 12 to get a monthly amount.
- Insurance: This includes homeowner’s hazard insurance, which is also divided by 12 for monthly payment calculations.
Additional Considerations
- Mortgage Insurance Premium (MIP): For FHA loans, MIP is added to the monthly payment, as is PMI for conventional loans with an LTV over 80%. VA loans are unique in that they do not have this monthly premium, making them more affordable for eligible borrowers.
- Loan Terms: The calculators can adjust based on various loan terms (e.g., 15-year vs. 30-year), impacting monthly payment amounts and total interest paid over the life of the loan.
