Capital Home Mortgage Memphis

Memphis USDA Home Loans

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Memphis USDA Mortgage Lender

Capital Home Mortgage Memphis invites current homeowners and prospective buyers to explore our USDA Home Loans, designed to make homeownership accessible in Memphis’s beautiful rural areas. Our loans offer competitive rates and attractive pricing, helping you save money over time. We are committed to guiding you through the home-buying process with exceptional customer service tailored to your needs.

We appreciate the opportunity to earn your business and want to express our gratitude. We recognize that purchasing a rural property can present its own set of challenges and concerns. To address this, Capital Home Mortgage Memphis has dedicated USDA Loan officers who will act as your primary contact, ensuring a seamless transaction that is completed on time. Ultimately, we want you to feel enthusiastic about acquiring your ideal rural home.

Capital Home Mortgage Memphis is a leading direct USDA mortgage lender, offering tailored mortgage solutions for the Memphis community. We manage the entire loan process with precision, ensuring quick approvals through our in-house underwriting and processing, which minimizes delays and enhances communication. From application to funding, our dedicated team guides you through each step, prioritizing transparency and support. As experts in USDA loan programs, we provide customized solutions to help clients achieve their financial goals.

Call us at (615) 549-5666 to speak to a Memphis USDA Home Loan Team.

Memphis USDA Mortgage Rates

Memphis usdA Home Mortgage Loans

USDA Home Loans in Memphis are designed for those looking to buy homes in the surrounding rural areas, promoting homeownership in less populated regions. These loans offer competitive interest rates, reducing borrowing costs compared to conventional loans. They also allow unrestricted seller concessions, helping buyers with closing costs, which is especially beneficial for first-time homebuyers or those with limited finances. A key feature of USDA Home Loans is 100% financing, enabling eligible buyers to finance the home purchase without a down payment, making homeownership more accessible. Administered by the United States Department of Agriculture, the program aims to improve living conditions and promote economic development in rural areas.

Understanding USDA services is crucial for potential homebuyers in rural and suburban areas. The USDA offers two loan types based on income levels:

  • USDA Direct Loan: Designed for very low-income individuals and families, this loan features lower interest rates and reduced mortgage insurance, making homeownership more accessible.
  • USDA Guaranteed Loan: This loan protects lenders against foreclosure losses, encouraging them to lend to higher-risk borrowers. It allows eligible individuals to purchase homes with 100% financing and no down payment.

Knowing these options allows homebuyers to navigate the mortgage process effectively and take advantage of USDA opportunities.

The qualification process for USDA home loans hinges on four key factors:

  • Credit Rating: A higher credit score enhances loan approval chances. While USDA loans are more flexible than conventional ones, a solid credit history can improve loan terms.
  • Monthly Earnings: Applicants must meet specific income limits set by the USDA, which vary by location and household size. These loans target low—to moderate-income individuals and families.
  • Current Monthly Debt Responsibilities: Lenders assess existing debt obligations through the debt-to-income (DTI) ratio, preferring lower ratios that indicate better financial health.
  • Location of the Property: USDA loans are only for properties in designated rural areas, typically outside urban centers.

Please use the links to access the USDA eligibility website to determine if you meet the income requirements or if the property is eligible. Call today (615) 549-5666 to speak to a Memphis USDA Loan Officer.

Memphis USDA Mortgage Loans

USDA Loans are a great option for Memphis families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.

  • Guaranteed by US Depart of Agriculture
  • Rural Properties Only
  • 100% Financing
  • No Restrictions on Seller Concessions
  • Low Monthly Mortgage Insurance
  • Acreage Up to 30% of Total Value
  • FHA/USDA Certified Appraisers only
  • Guarantee Fee May be Rolled In
  • New Manufactured Home Only

Memphis Rural Real Estate Market

The rural landscapes near Memphis are known for their stunning beauty and natural resources, attracting nature lovers and outdoor enthusiasts. The region features rolling hills, expansive farmland, lush woodlands, and meandering waterways, perfect for hiking, fishing, and horseback riding. This serene environment fosters community and a connection to nature, appealing to those who value peace and tranquillity.

The rural real estate market in Memphis offers various properties for various buyers. Investors can find land with potential for appreciation or development, while those seeking a peaceful retreat can discover charming homes in the countryside. Agricultural enthusiasts can explore vast farmland, and leisure seekers can find recreational properties near lakes and rivers. This diverse market caters to investors, families, and anyone looking to enjoy rural living.

Agriculture is vital to Memphis’s rural economy, supporting local livelihoods and the region’s economic landscape. The area has a rich agricultural heritage and diverse crops, including tobacco, corn, cotton, and soybean. For potential buyers, Memphis offers various farms suitable for traditional farming, livestock, and agritourism. The growing interest in sustainable practices and diversification makes this sector attractive, with opportunities in organic farming and farm-to-table initiatives. Overall, Memphis’s agricultural landscape presents numerous investment opportunities.

The forests and timberland around Memphis provide a robust environment for investors in wood assets and sustainable forestry. These areas enhance the region’s beauty and offer resources for timberland investments. Investors can generate revenue through sustainable timber harvesting, ensuring responsible resource management and regeneration.

Rural Memphis is a hidden gem for outdoor enthusiasts, offering diverse recreational opportunities. Charming hunting lodges provide rustic yet comfortable bases for hunting, complete with guided hunts and cozy accommodations. Fishing retreats near pristine lakes and rivers feature private docks and serene settings, ideal for anglers and families. Sought-after vacation homes blend comfort with nature, perfect for weekend getaways or more extended stays. Proximity to state parks enhances the appeal, offering hiking trails and wildlife observation, making rural Memphis a prime destination for reconnecting with nature.

The rural areas around Memphis offer exceptional equestrian opportunities, with properties designed for horse enthusiasts. These include well-maintained pastures, scenic riding trails, and state-of-the-art facilities like spacious stables and arenas.

Rural land opportunities in Memphis are desirable for investors interested in land development or future appreciation. The diverse range of parcels, from small residential lots to large tracts suitable for various uses, cater to different investment strategies. This versatility allows investors to align their projects with specific goals, whether developing housing, establishing businesses, or creating recreational spaces. The growing interest in suburban and rural living enhances the potential for future appreciation in these areas.

Key factors shape the rural real estate landscape in Memphis for potential investors. Accessibility is crucial, as properties well-connected to highways and services tend to be more desirable and valuable. Zoning regulations are also necessary, dictating allowable developments and impacting potential returns. Additionally, the quality of the land, including soil type and environmental conditions, can significantly influence investment decisions.

Purchasers must familiarize themselves with local zoning laws, land use policies, and conservation initiatives about rural properties, especially in regions designated for conservation, wildlife habitat protection, or agricultural purposes.

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

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Amanda Ravallo

Sr Loan Officer
NMLS #1702894
Memphis Mortgage Programs

Memphis Purchase loans

Looking to Purchase a Memphis 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

Memphis Renovation Home Loans

Looking to Rehab a Memphis 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

Memphis FHA Home loans

Great 1st Time Memphis 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

Memphis va Home Loans

100% Financing for Memphis 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

Memphis Conventional Home loans

Flexibility for Memphis 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
  • 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

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

Memphis USDA Home loans

100% Memphis 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.
  • 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

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

Memphis Manufactured Home loans

Great Memphis Alternative 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

Memphis Reverse Mortgage Loans

Your Memphis 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

Memphis Non QM Home loans

Making Memphis 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
  • Full Doc Programs
  • Alt Doc Programs
  • Corporations OK

Memphis One Time Close Home Loans

Build Your Memphis 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

Memphis Refinance Mortgage loans

Memphis 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

Memphis Cashout Mortgage Loans

Memphis 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

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