Capital Home Mortgage Memphis
Memphis VA Home Loans
Memphis Va Mortgage Lender
Capital Home Mortgage Memphis warmly welcomes all clients and potential customers. As a dedicated VA mortgage lender, we proudly serve those who have bravely served our country. Our goal is to offer competitive interest rates and minimal fees for VA home loans, helping veterans and homeowners achieve their dream of homeownership without financial burdens.
We understand the mortgage process can be overwhelming, especially for veterans with unique needs. Our team is here to provide personalized support and expert advice tailored to your situation, ensuring exceptional customer service is at the core of our mission.
At Capital Home Mortgage Memphis, we aim to create a seamless, stress-free experience. Our knowledgeable staff is ready to answer your questions and assist you in understanding your options, all while maintaining transparency and integrity.
Whether you’re a first-time homebuyer, looking to refinance, or seeking to utilize your VA benefits, we are here to help you navigate the mortgage landscape. Our commitment goes beyond securing a loan; we strive to build lasting relationships based on trust and respect.
Thank you for considering Capital Home Mortgage Memphis as your partner in your home financing journey. We look forward to helping you achieve your homeownership goals.
Call us today at (615) 549-5666 to speak with one of our Memphis VA Loan Officers.
Memphis VA Mortgage Rates
Memphis Military Presence
- There are a few military facilities in Memphis, Tennessee, although Memphis is not known for having large active-duty military bases. The primary military installations in the Memphis area include:
- Naval Support Activity Mid-South (NSA Mid-South)
– Location: Millington, Tennessee, approximately 20 miles north of downtown Memphis.
– Branch: U.S. Navy
– NSA Mid-South is a major administrative support center for the U.S. Navy, responsible for personnel management, financial services, and other administrative duties. It hosts several important Navy commands, including the Navy Personnel Command (NPC), the Navy Recruiting Command (NRC), and the Navy Manpower Analysis Center (NAVMAC).
– The base is a crucial hub for Navy human resources, handling everything from personnel distribution to career planning. The services provided here are vital to ensuring the efficient operation and readiness of Navy personnel worldwide.
– NSA Mid-South also supports the Reserve component of the Navy and other Department of Defense functions. - Memphis Air National Guard Base (Memphis ANG Base)
– Location: Adjacent to the Memphis International Airport.
– Branch: U.S. Air Force (Air National Guard)
– The 164th Airlift Wing, part of the Tennessee Air National Guard, is based here. This unit operates C-17 Globemaster III aircraft, which are used for strategic airlift missions.
– The base is critical in providing airlift capabilities for state and federal missions, including troop transport, cargo airlift, and humanitarian relief efforts.
– The Memphis ANG Base has a strong relationship with the local community and contributes to the readiness and deployment capabilities of the U.S. Air Force and Air National Guard.
These facilities are essential to the broader operations of the U.S. military, particularly in administrative and logistical capacities. While Memphis itself is not home to large-scale combat units, these installations provide vital support functions that are integral to the military’s overall mission readiness.
What is a Memphis Va Home Loan?
The Veterans Administration, also known as the VA, is the governing body responsible for managing all veterans’ benefits, including home loan services. Founded in 1944 as part of the GI Bill of Rights, the VA aims to facilitate financial stability and equality for veterans compared to their civilian peers by simplifying the processes associated with credit applications and asset accumulation. Eligibility for Memphis VA Home Loans extends to active-duty military personnel, reservists, honorably discharged veterans, retired and disabled service members, and surviving spouses.
It is essential to recognize that the VA provides lenders with a guarantee that protects them from financial losses in the case of foreclosure; however, it does not directly issue loans.
Memphis provides distinct advantages to veterans, which vary based on the type and degree of their disability rating. One notable advantage is a reduction in property taxes. Essentially, the Department of Veterans Affairs (VA) permits eligible buyers to secure a loan without needing a down payment by covering a portion of the loan that typically requires funding. All recipients of a VA loan must pay a funding fee, which can be incorporated into the total loan amount. This fee is crucial in sustaining the guarantee fund that supports the 100% VA home loan program. Furthermore, veterans with a disability rating of 10% or higher are exempt from this financing fee.
Memphis VA Eligibility
The Memphis VA Home Loan encompasses various options, including the Memphis VA Purchase Loan, the Memphis VA “IRRRL” Streamline Refinancing Loan and the Memphis VA Refinance Cash Out Conversion refinancing. These loans allow borrowers to transition from different mortgage types to a Memphis VA Home Mortgage. Applicants must meet one of the established criteria to qualify for these loans.
- Active Duty – 90 days Wartime / 180 Days Peacetime
- Honorable Discharged – 22 Months of Completed Service
- National Guard / Reserves – 6 Years Completed Service
- Spouse of a Service Member who Died in the line of Duty or Service related Disability
Memphis VA Purchase Loan
Capital Home Mortgage Memphis takes great pride in assisting veterans in Memphis in achieving homeownership within their community. The Memphis VA Home Purchase Loan offers numerous benefits. We encourage you to contact one of our Memphis VA Loan Officers for further information regarding the various advantages and options available. We sincerely appreciate your support.
Our mission is to aid honorably discharged veterans, active-duty service members, reservists, retired and disabled service members, and surviving spouses in realizing their aspirations of homeownership.
- Simply Qualifying for Veterans
- No Down Payment Required
- Lower Credit Scores Accepted
- Manual Underwriting Allowed
- No Monthly Mortgage Insurance
- Seller concessions to 4%
- higher debt to income Allowed
- Manufactured homes permitted
Memphis VA "IRRRL" StreamLine REfinance Loan
Capital Home Mortgage Memphis is dedicated to supporting veterans in the Memphis area by facilitating a reduction in their mortgage payments through a VA home loan streamline refinance, commonly referred to as an “IRRRL” loan. We encourage you to consult with one of our Memphis VA Loan Officers to learn about the simplicity of reducing your payments and the efficiency of the streamlined process. Your assistance is greatly appreciated! Mortgage payment reductions are available for honorably discharged veterans, retirees, disabled individuals, surviving spouses, active duty members, reservists, and those currently serving honorably in the military.
- VA IRRRL Rate & Term
- Streamline Option
- No Appraisal Required
- No Income Verification
Memphis VA Refinance Cash Out Conversion Loan
Capital Home Memphis is dedicated to supporting veterans in Memphis by facilitating the transition from their current mortgage arrangements to a Memphis VA home mortgage, enabling them to benefit from the numerous advantages of a Memphis VA home loan. We encourage you to consult with one of our Memphis VA Loan Officers to learn about the straightforward process of reducing your payments and the efficiency of our streamlined approach. Thank you once again for your support!
We take pride in providing reduced mortgage payments for active duty military members, reservists on active duty, honorably discharged veterans, retired service members with disabilities, and surviving spouses.
- Cash-Out or Loan Conversion
- Full Documentation
- Appraisal Required
- Income Verification Required
Apply for a Memphis VA Home Loan!
VA home loans are desirable as they enable veterans to acquire properties without the necessity of a down payment or mortgage insurance. Suppose you are considering purchasing real estate in Memphis. In that case, it is advisable to consult with Capital Home Mortgage Memphis experts to determine whether a VA home loan is the most suitable option for your needs.
Call us today at (615) 549-5666 to talk to one of our Memphis VA Loan Officers.
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
