Capital Home Mortgage Amarillo

Amarillo Home Purchase Loans

Amarillo Home Purchase Mortgage Lender

Amarillo Home Purchase Loans

Are you looking to purchase a home in Amarillo? Make it happen with a home purchase loan from Capital Home Mortgage. With our selection of mortgage products, homebuyers can choose the best home loan product that matches their income and ability to pay. 

At Capital Home Mortgage, our Amarillo mortgage experts will help you find the best mortgage product. Our lineup of home purchase loans includes: 

     – Renovation Home Loans

You can get a loan to renovate your existing home. However, renovation loans can also be used to buy an old house that needs renovation. Renovation home loans are convenient for simple to major repairs or a cheaper alternative than buying a brand-new home.

     – FHA Home Loans

FHA home loans cater to borrowers who can’t tick off major conventional loan requirements. If you have a low credit score, FHA loans can accommodate applicants with scores as low as 500.

     – VA Home Loans

War veterans and service members get extra benefits from the VA through VA home loans. Of all home loans, the VA loan is one of the two with very liberal requirements—the other being Native American loans. VA loans don’t require down payments and insurance, unlike FHA loans.

     – Conventional Home Loans

Borrowers with excellent credit ratings and enough cash should do good in conventional loans. This loan type suits those with good credit scores since they can access lower interest rates. However, be prepared to put down at least 20% of the loan if you want to skip mortgage insurance.

     – Jumbo Home Loans

Conventional loans aren’t compatible with that purchase if you want to buy a luxurious property. Instead, you need to get a jumbo loan because it’s the only loan product that allows high-value properties.

     – USDA Home Loans

USDA home loans are similar to FHA loans in terms of affordability and accessibility. Americans who can’t afford homes in urbanized areas can get decent houses in rural areas with the help of USDA loans.

     – Native American Home Loans

Native Americans get extra assistance in obtaining home ownership through Section 184 loans. This loan provides financing access to Natives without subjecting them to strict conventional requirements.

     – Manufactured Home Loans

Getting a manufactured home loan is way cheaper than buying a brand-new house. We recommend this type of home for moderate income-earners, and they can get this at a one-time close construction loan.

     – Reverse Mortgage

Homes are significant investments, but some people don’t get to enjoy the home’s value over time. Seniors aged 62 and above can borrow against the equity in exchange for receiving payments from the lender.

     – Non-qualified Mortgage

Qualify for a mortgage even if you have different income sources or employment characteristics. A non-QM helps applicants like freelancers, and self-employed individuals access financing.

Apply for a Home Purchase Loan Today

Capital Home Mortgage is an Amarillo direct mortgage lender. We are committed to delivering excellent client service every step of the way, and we look forward to providing your next home purchase loan. Call us at (806) 589-3428 to speak with our professional loan officers

Why Amarillo is Choosing Capital Home Mortgage...

Close On Time with True Approval

Control of the Loan from the Application to Funding.

Great Amarillo Rates

Direct Mortgage Lender Providing Competitive Rates and Low Fees.

Amarillo Customer Service

7  Day a Week Support from Application to Final Mortgage Payment. 

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

Amarillo Home Purchase Loans

Amarillo 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.

Amarillo 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.

Home Purchase Program Lender

Amarillo 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.

Amarillo 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.

Not Sure? Learn More About Other Amarillo Purchase Programs
Amarillo Mortgage Team

Conor Hayhurst

Manager
NMLS 743506

Damon Embler

Sr Loan Officer
NMLS 882260

chris erwin

Sr Loan Officer
NMLS 914064

Dale Gremillion

Manager
NMLS 210325

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