Capital Home Mortgage Abilene

Abilene VA Home Loans

Abilene Va Mortgage Lender

Abilene VA Home Loans

Those who work and have worked for the U.S. military may have the privilege of qualifying for a VA home loan backed by the U.S. Department of Veterans Affairs. Compared to a conventional loan, a VA home loan offers plenty of great benefits to the borrower, including a zero-down payment requirement.

5 Factors to Consider Before Applying for a VA Loan

It’s important to note that the government only guarantees VA loans. You will still have to look for a private mortgage lender to originate the mortgage. That said, there are a few things you need to consider before you apply for a VA home loan.

     1. Eligibility

The VA loan is available to retired and active military service members who meet the following VA eligibility requirements:

  • Served a minimum of 90 consecutive days during wartime
  • Served a minimum of 181 days during peacetime
  • Served a minimum of  6 years in the National Guard or National Reserves

Moreover, the spouse of a service member who died on duty or was disabled while serving may also qualify for a VA loan.

     2. Lender Qualifications

Aside from the VA’s eligibility requirements, it would be best if you also met lender qualifications. The requirements can vary depending on the mortgage company you choose to work with, but most lenders look for a credit score of at least 600. You must also present a Certificate of Eligibility (COE), which verifies your eligibility for VA loan benefits.

     3. Budget

While VA loans require no down payment 90% of the time, you will need to cover the closing costs of your mortgage, which typically include the following expenses:

  • Title insurance
  • Appraisal fee
  • Loan origination fee
  • Credit report fee
  • VA funding fee
  • Homeowners Insurance
  • Recording fee
  • Real estate taxes

The closing costs can add up to about 2%-6% of the total loan value, but there are programs to help you cover the bulk of the expense. 

     4. Interest Rates

VA loan rates are very competitive―typically 0.5% lower than conventional prime loans. Moreover, the loan fees are limited to what the VA will allow. You have significant long-term savings when you put together great rates, low fees, and a zero down payment. 

     5. Other Notable Features of VA Loans

The following features of the VA loan make it an even more attractive option to qualified borrowers:

  • No mortgage insurance premiums
  • No prepayment penalties
  • Seller may pay up to 4% of the loan value in closing costs
  • Waived non-refundable variable funding fee for disabled veterans and surviving spouses

Trusted VA Loan Lender in Abilene

VA home loans offer the most advantageous financing terms for most veterans and eligible service members. Plus, when you work with a seasoned VA mortgage lender like Capital Home Mortgage, you’ll have access to first-rate service and the best interest rates in the market!

At Capital Home Mortgage, our goal is to make the homeownership journey an enjoyable experience for our customers. We’ll go above and beyond to make the home-buying process as easy as possible for you.

Why Abilene HomeBuyers are 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 Mortgage Payment

Abilene Mortgage Rates

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 mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Abilene VA Purchase Loans

VA Purchase Mortgage Lender
  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed
  • No Monthly Mortgage Insurance
  • Seller concessions to 4%
  • higher debt to income Allowed
  • Manufactured homes permitted

Abilene VA Refinance Loans

VA Refinance Mortgage Lender
  • VA IRRRL Rate & Term
  • Streamline Option
  • No Appraisal Required
  • No Income Verification

Abilene VA Ellgibility

  • 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
Texas Mortgage Programs

Texas Home Purchase

Thinking of Buying a Texas 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, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Texas renovation home loans

Looking to Rehab a Texas Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Texas FHA Home Loans

Great for 1st Time Texas 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 Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Texas VA Home Loans

100% Financing for Texas Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Texas Conventional Home Loans

Flexibility for Texas 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
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Texas Jumbo Home Loans

Texas Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Texas USDA Home Loans

100% Rural Texas 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.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Texas Native American Home Loans

Texas 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

Texas Manufactured Home Loans

Great Alternative Texas Housing

Texas reverse mortgages

Your Texas 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
  • credit scores not applicable
  • Minimum age 62

Texas Non QM Home Loans

Making Texas Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Texas One Time Close mortgages

Build Your Texas 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 Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Texas Refinance Mortgage Loans

Texas 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.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Texas Cash-out Home mortgages

Texas 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
  • Vacation or Education

Abilene Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506

Sam Klaburner

Sr Loan Officer
NMLS #140132

Jordan Mowrey

SR Loan Officer
NMLS 210325

Abilene Mortgage Reviews

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