Memphis Purchase Mortgage Lender
Capital Home Mortgage Memphis extends a warm welcome to prospective homebuyers. As a reputable lender focusing on purchase loans, we are dedicated to providing competitive interest rates and minimal fees to our clients in Memphis, all while delivering outstanding customer service. We understand that buying a home represents a pivotal moment in an individual’s life, often fraught with anxiety and uncertainty. To assist our clients throughout this crucial process, we assign dedicated representatives to guide you at every stage, ensuring you are well-informed about the diverse loan options available. Our primary objective is to facilitate a seamless and efficient home-buying experience, enabling you to select the mortgage that aligns best with your specific requirements.
Regardless of whether you are a novice homebuyer investigating an FHA purchase loan in Memphis, contemplating a rural property with a USDA purchase loan, a Native American individual requiring a specialized loan, an active duty service member or a veteran in pursuit of a VA purchase loan, or a seasoned buyer in search of a conventional home loan in Memphis, our team is prepared to support you. We are dedicated to navigating the loan process and helping you identify the option that aligns most closely with your needs and situation.
Capital Home Mortgage Memphis is a dedicated lender specializing in purchase loans. We oversee the complete lending process from the initial application to the final funding stage. Our in-house processing and underwriting teams facilitate prompt and rational approvals and timely closings, delivering our clients a smooth and practical experience.
Call today (615) 549-5666 to talk to one of our Memphis Purchase Loan Officers.
Memphis Purchase Mortgage Rates
Memphis Purchase Home Loans
Capital Home Mortgage Memphis offers an extensive selection of mortgage programs designed to meet your specific requirements, all at attractive purchase mortgage rates. The following is a brief overview of these programs, accompanied by essential factors to assist you in navigating the home-buying journey.
- Down Payment: The initial payment made towards the purchase of the home, usually calculated as a percentage of the total purchase price.
- Interest Rates: The rate at which the lender charges you to borrow the money. Rates can be fixed (unchanging throughout the loan term) or adjustable (fluctuating over time).
- Loan Term: The duration of the loan, commonly 15 or 30 years, though other terms may be available.
- Closing Costs: Fees associated with finalizing the mortgage, including loan origination fees, appraisal fees, title insurance, and more.
- Pre-Approval vs. Pre-Qualification: Pre-qualification is an initial assessment of your ability to qualify for a loan based on self-reported information. Pre-approval involves a lender’s detailed review of your financial information and credit score to determine the specific loan amount you’re eligible for.
- Credit Score: A major factor in determining loan eligibility and interest rates. Higher credit scores often lead to lower interest rates.
- Private Mortgage Insurance (PMI): Required for conventional loans with less than a 20% down payment, PMI protects the lender in case the borrower defaults on the loan.
- Home Appraisal: Conducted by a professional to determine the fair market value of the property being purchased.
Memphis Purchase Mortgage Loans
Capital Home Mortgage Memphis is a comprehensive mortgage lender providing an extensive array of home loan solutions. Our offerings cater to various needs, including first-time buyers seeking FHA loans, individuals interested in rural properties through USDA loans, Native American homebuyers utilizing the HUD 184 program, active duty service members and veterans in search of VA loans, those looking to acquire luxury properties with jumbo loans, seasoned buyers requiring conventional loans, and clients exploring alternative financing options via Non-QM loans. We are committed to supporting you throughout the entire process.
Call today (615) 549-5666 to talk to one of our Memphis Loan Officers.
Memphis FHA Purchase Home Loans
Memphis VA Purchase Home Loans
Memphis USDA Purchase Home Loans
Memphis Conventional Purchase Home Loans
Memphis Native American Purchase Home Loans
Memphis Jumbo Purchase Home Loans
Memphis non qualified Purchase Home Loans
A Memphis Non-Qualified Purchase Home Mortgage, commonly known as a Non-QM loan, represents a category of mortgage financing that fails to meet the eligibility criteria established by government-sponsored enterprises (GSEs). This loan option is particularly advantageous for borrowers whose financial profiles do not align with the stringent standards of qualifying mortgages, including individuals with fluctuating income streams or elevated debt-to-income ratios.
Memphis Home Purchase Loans
Looking to Purchase a Memphis 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
Memphis fixed rate Mortgage Loans
All Fixed Rate Mortgage Loans are designed to have equal payments for the specified term. These loans offer predictability and are deemed to be less risky for borrowers. Fixed Rate Mortgage Loans are available with all mortgage products and are typically offered in 15 year and 30 year terms. However, Fixed Rate Mortgage Loans are also offer in 10 year, 20 year and 25 year terms although less common due to demand.
Memphis Adjustable Rate Mortgage Loans
Adjustable Rate Mortgage Loans known as ARM’s are available with most mortgage products although limited with FHA, VA and USDA. ARM’s are great fit for homebuyers who plan to sell or refinance their home between 1 and 10 years and are looking for the lowest possible payment. ARM’s offers lower rates during times where fixed rates are higher. An adjustable rate mortgage is fixed for a specific time then adjusts on a predetermined time period and a predetermined amount based on a financial index and a fixed margin.
Memphis Purchase Home Loans
Memphis one time close construction Purchase Home loans
Memphis Purchase Renovation Home Loans
Memphis Manufactured Mortgages
Why Memphis is 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 Payment
Memphis Mortgage Company Reviews
Memphis Mortgage Team
Memphis Mortgage Programs
Memphis Purchase loans
Looking to Purchase a Memphis Home?
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Memphis Renovation Home Loans
Looking to Rehab a Memphis Home?
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
Memphis FHA Home loans
Great 1st Time Memphis Homebuyers
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
Memphis va Home Loans
100% Financing for Memphis Vets
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Memphis Conventional Home loans
Flexibility for Memphis Homebuyers
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Memphis Jumbo Home Loans
Memphis Non-Confirming Home Loans
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
Memphis USDA Home loans
100% Memphis Rural Home Loans
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Memphis Native american Home Loans
Memphis Hud 184 Home Loans
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Memphis Manufactured Home loans
Great Memphis Alternative Housing
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Memphis Reverse Mortgage Loans
Your Memphis Home at Work
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Memphis Non QM Home loans
Making Memphis Mortgages Possible
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
Memphis One Time Close Home Loans
Build Your Memphis Dream Home
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Memphis Refinance Mortgage loans
Memphis Rate & Term Refinance
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Memphis Cashout Mortgage Loans
Memphis Equity Mortgage Loans
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
