Southaven Mortgage Lender
Home Loans In Southaven, Mississippi
Whether you’re a first-time homebuyer or a seasoned investor, the mortgage approval process can feel intimidating without a clear road map and an experienced team on your side.
Updated program guidelines, mortgage rate issues, and down payment criteria are just some of the factors to consider when obtaining mortgage financing for a new home or refinance.
How To Purchase A Home In Southaven
Unless you have hundreds of thousands of dollars lying around, taking out a mortgage would be your most accessible route to buying a home. Before making your way to a lender, you must understand the basics of how to get a mortgage in Southaven.
Here are the initial steps to getting a home loan:
Before applying for a mortgage in Southaven, you’ll want to ensure that you’re financially prepared to buy a property. You should at least have stable income and employment and manageable debt.
Since a home loan is a huge responsibility, it would be good to get pre-qualified before applying. This way, you can have a clearer picture of your financial readiness to obtain a mortgage.
Shop Around For Mortgage Options
After establishing financial stability, you can begin shopping for the best mortgage rates. Interest rates vary according to the lender, so it’s critical to shop around. The lower the rate, the less interest you will pay during the life of the loan.
At Capital Home Mortgage, we are committed to providing outstanding customer service while offering competitive home mortgage rates and low fees.
Gather The Required Documents
When you submit your mortgage application to your lender, you will be required to furnish numerous documents. This information will assist your lender in determining whether you are financially qualified for a mortgage.
You will be required to demonstrate your income, employment, and identity and submit copies of recent tax returns and bank account statements. A few additional pieces of paperwork may be required if necessary. You will also need to consent to a credit check that your chosen lender will conduct.
Get Pre-Approved
Getting pre-approved and taking the time to determine which type of mortgage is appropriate for you can help make the entire process go more smoothly.Â
While many first-time homebuyers consider preapproval optional, it is one of the most critical phases in the home-buying process. Sellers are more likely to take you seriously when you have a preapproval letter with you when shopping for a home.
You can get pre-approved on the same day you submit all the requirements. The preapproval letter is usually valid for up to three months.
Southaven, MS Mortgage Lender
When looking for a mortgage in Southaven, you’ll likely encounter a variety of lenders, including both online and local institutions, each with its own set of benefits and advantages. Southaven mortgage lenders serve an extensive range of borrowers. From first-time homebuyers to seasoned investors.
Capital Home Mortgage offers a wide variety of home loan programs in the Southaven area. We are a full-service mortgage lender offering mortgage products from FHA loans, VA loans, USDA home loans, Conventional-conforming loans, Jumbo loans, to Non-Qualified mortgage loans.
We streamlined our process to better serve our clients. Our goal is to provide great rates with low fees and a stress-free home buying experience. We are committed to providing excellent customer service and ensuring a smooth transaction from application to closing.
Apply For A Southaven Home Loan
Are you looking to buy a property in Southaven or refinance your current mortgage? Obtaining a mortgage loan in Southaven does not have to be a complicated process.
Buying a home is a huge milestone, and Capital Home Mortgage can make the process easier and more enjoyable – just the way it should be. We are a full-service home mortgage company that offers a comprehensive range of mortgage options and is committed to providing our clients with unparalleled customer care.
Call us today at 281-674-7372 to talk with a mortgage loan officer or obtain a no-obligation quick quotation.
Why Southaven is Choosing Capital Home Mortgage...
Close On Time with True Approval
Control of the Loan from the Application to Funding.
Great Southaven Rates / Low Fees
Direct Mortgage Lender Providing Competitive Rates and Low Fees.
Southaven Customer Service
7Â Day a Week Support from Application to Final Mortgage Payment.Â
Southaven Mortgage Rates
Capital Home Mortgage Southaven is dedicated to offering Great Southaven 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
Southaven Mississippi Mortgage Loans
Southaven Home Purchase
Buying a Southaven Home?
- Primary, 2nd, Investment
- Low Rates & Low Fees
- Conventional, FHA, VA, USDA
- Jumbo, Reno, Manufactured
Southaven Renovation Home Loans
Southaven Rehab Loans
- Remodel, Renovate, Repair
- FHA 203K Streamline or Full
- Fannie Mae Homestyle Reno
- Freddie Mac Choice Reno
Southaven FHA Home Loans
1st Time Southaven Homebuyers
- Smaller Down Payment
- Flexible Underwriting
- Higher Debt to Income Ratios
- Lower Credit Scores Allowed
Southaven VA Home Loans
100% Loans for Southaven Veterans
- Simply Qualifying
- No Down PaymentsÂ
- Lower Credit Scores Allowed
- Manual Underwriting Allowed
Southaven Conventional Home Loans
Flexibility for Southaven Buyers
- Primary, 2nd, Investment
- Great Rates & Low FeesÂ
- Single and Multi-Family
- Renovation Loan Programs
Southaven Jumbo Home Loans
Great Southaven Rates
- Primary & 2nd Homes
- Higher Amounts – 3 Million
- Great Interest Rates
- Investor Specific Guidelines
Southaven USDA Home Loans
Rural Southaven Properties
- Rural Properties Only
- Primary Residence Only
- New Manufactured Homes
- Closing Costs Can Be Rolled In
Southaven Native American Loans
Southaven HUD 184 Loans
- Primary Residence Only
- Manual Underwrite All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
Southaven Manufactured Home Loans
Southaven Mobile Home Loans
- Purchase or Refinance
- New Home Purchase
- OTC Combo Land & Home
- FHA, VA, USDA, & HUD 184
Southaven Reverse Mortgages
Your Southaven Home at Work!
- Primary Residence Only
- Simple Qualifying
- Credit Scores Not Applicable
- Minimum Age 62
Southaven Cash-Out Refinance
Southaven Equity Refinance
- Reduce Mortgage Term
- Lower Monthly Payments
- Appraisal Waivers
- Streamline Options Available
Southaven Mortgage Refinance
Southaven Rate & Term Refinance
- Purchase, Refi & Cash-out
- Primary, 2nd & Investment
- Full Doc & Alt Doc Programs
- Corporations OK