Capital Home Mortgage College Station

College Station Jumbo Home Loans

College Station Jumbo Mortgage Lender

College Station Jumbo Home Loans

College Station is home to some of the priciest real estate in Texas. Jumbo home loans are your best bet if you want to buy a luxury home in College Station. These loans are also helpful for the purchase of luxury properties. 

At Capital Home Mortgage, we’ve made obtaining a Jumbo loan as straightforward as possible. Let’s walk you through what you need to know about Jumbo Home Loans

Credit Score Requirement

To qualify for a Jumbo loan, you need a stellar credit score. A 700 FICO score is the usual starting point to qualify, but a higher score is preferred for a higher chance of approval. The required score also depends on the loan term.

Down Payment

Deciding to take out a Jumbo loan means you must be willing to shoulder private mortgage insurance if your down payment is below 20% of the loan value. 

Interest Rates

Since Jumbo loans involve vast sums of money, interest rates can be higher than most other home loans. The interest rate will depend on your credit score, credit history, and financial background. 

Our home loan specialists here at Capital Home Mortgage are happy to provide you with an exclusive quote for Jumbo loan rates in College Station.

Manual Underwriting

Lenders often require manual underwriting for jumbo loan applications. In a usual setup, lenders streamline underwriting processes to keep a steady flow of applications. But because Jumbo loan amounts can go up to millions, lenders will often hire finance experts to review your financial history thoroughly. 

The finance expert will scrutinize your financial history and report relevant information about your borrowing and payment patterns. For instance, if the expert sees bankruptcies or foreclosures in your name, you might need help getting a Jumbo loan.

Still, we do what we can to make this process quick and painless. As direct mortgage lenders, we’re qualified to handle every aspect of your loan application, including funding. This allows us to provide flexible underwriting policies with competitive interest rates. 

Special Requirements

There are some special requirements to keep in mind when applying for a Jumbo loan. Some of these requirements are also present in conventional loans. However, expect lenders to be extra cautious in reviewing and evaluating your Jumbo loan application.

  • Cash Reserves

Lenders want to know your cash reserves to assess if you can make regular payments. They’ll ask for your bank statements to prove you have enough money in your account. Sometimes, lenders might include up to 70% of your retirement account as cash reserves.

  • Income

You’ll need to provide proof of income from employment or business. You must submit two or more years’ worth of W-2s for employees or income tax returns for business owners. Lenders may also ask for employment certifications or contact your employer for background checks.

Get A Jumbo Loan In College Station

Call us at (979) 393-0049 to speak with our experienced loan officers. We want to make your home-buying experience in College Station an enjoyable one. Talk to us today about your Jumbo home loan needs. 

Why College Station HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Control of the Loan from Application to Funding

Great Rates & Low Fees

Direct Lender Providing Competitive Rates and Low Fees

Exceptional Customer Service

7  Day a Week Support Application to Final Mortgage Payment

College Station 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

College Station Jumbo Home 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 Mortgage Programs

Texas Home Purchase

Thinking of Buying a Texas Home?

Looking to Purchase a Home? We have the loan 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

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
  • OTC Land/ Home Combo
  • Lock Rate Before Completion
  • FHA, VA, USDA, & Native Loans

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

College Station 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

College Station Mortgage Company Reviews

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