Capital Home Mortgage Corpus Christi
Corpus Christi Conventional Home Loans
Corpus Christi Conventional Mortgage Lender
Corpus Christi Conventional Home Loans
A Conventional loan is one of the most common mortgage products you’ll encounter when searching for a home loan. This type of loan is a staple in the mortgage market because it does not have government backing, unlike FHA and VA loans.
If you want a Conventional home loan in Corpus Christi, you’re in the right place. Capital Home Mortgage is a leading Corpus Christi lender offering a wide selection of home loan programs. Our loan offers are competitive because we finance all approved mortgages as a direct mortgage lender.
Let’s go over some of the salient features of Conventional loans, so you know what to expect when you begin your application.
Conventional Loan Requirements
Lenders are stricter regarding eligibility for Conventional loans since there is no government backing. This makes such loans a bit riskier.
However, that doesn’t mean borrowers will have difficulty getting approval. Even if requirements are rigid, the quality of submitted requirements will often be the deciding factor in the vetting process.
Firstly, Conventional loans require a credit score of at least 620 but not a guarantee of approval. A higher score is preferred for a higher chance of approval. If your score is below 620, we recommend checking out FHA loans instead.
Aside from credit scores, you must have enough money for at least a 20% down payment. Otherwise, you’ll have to pay mortgage insurance.
For proof of income and employment, you need to show the following documents at least:
- Recent 30-day paycheck stubs;
- Previous two years’ W-2 statements, 1099s, etc.;
- Recent two months’ statement of asset accounts, including checking, savings, retirement, and investment accounts.
Work with our loan experts at Capital Home Mortgage to determine the final list of requirements.
Conventional Loan Limits for 2022
Speak with our Corpus Christi Home Loan Experts to determine the loan limit of the county where you intend to buy a house.
Apply for a Conventional Loan in Corpus Christi
Getting a Conventional loan can be challenging because of the stringent requirements. Capital Home Mortgage is here to provide any assistance you may need. We are committed to making our loan processes convenient and straightforward.
As a direct mortgage lender, we make all the decisions regarding your application, which allows us to offer competitive interest rates and low processing fees.
Get a home loan in Corpus Christi with Capital Home Mortgage today. Give us a call at (361) 724-3166 to get the process started.
Why Corpus Christi HomeBuyers are Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates and Low Fees
Exceptional Service
7 Day a Week Support Application to Final Mortgage Payment
Corpus Christi 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
Corpus Christi Conventional Purchase Loans
Conventional Purchase Loans are one of the most popular types of loans and a great choice for many home buyers. Conventional mortgages can be used to purchase any type of occupancy, while FHA, USDA, VA and Native American Loans are restricted to primary residence only. Conventional mortgages are great for borrowers that have higher credit scores and typically have easier qualifying.
- Freddie Mac or Fannie Mae Insured
- Primary, 2nd or Investment Homes
- Single and Multi Family
- Condo’s and Manufactured Homes
- Mortgage Insurance Options
- Lower Rates & Fleixble Terms
- Maximum Loan Amount – $715,000
- High Balance (Varies By County)
Corpus Christi Conventional Refinance Loans
Conventional Refinance Loans are used for more refinances than any other type of mortgage loan. This is due to Conventional loans allowing for all occupancy and property types and typically don’t require any mortgage insurance due to loan to value requirements. Conventional mortgages due require higher credit scores but offer better rates.
- Freddie Mac or Fannie Mae Insured
- Primary, 2nd or Investment Homes
- Single and Multi Family
- Condo’s and Manufactured Homes
- Mortgage Insurance Options
- Lower Rates & Fleixble Terms
- Maximum Loan Amount – $715,000
- High Balance (Varies By County)
Corpus Christi Conventional Renovation Loans
Want a new home? Don’t want to purchase a home from a builder? Prefer the charm of an older home, or the elegance of a mature neighborhood… Or just want the perfect location close to town. Making your dream home come true might just be updating that older home.
- 95% LTV Primary Residence
- 97% LTV 1st Time Buyer Single Family
- 85% LTV on 1 Unit Investment
- 90% LTV on Second Home
- Minimum Credit Score 620
- Luxury Renovations are Eligible
- Maximum Loan Amount – $715,000
- High Balance (Varies By County)
Corpus Christi Mortgage Programs
Corpus Christi Home Loans
Thinking of Buying a Corpus Christi 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
Corpus Christi renovation home loans
Looking to Rehab a Corpus Christi 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
Corpus Christi FHA Home Loans
Great for 1st Time Corpus Christi 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
Corpus Christi VA Home Loans
100% Financing for Corpus Christi 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
Corpus Christi Conventional Home Loans
Flexibility for Corpus Christi 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
Corpus Christi Jumbo Home Loans
Corpus Christi 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
Corpus Christi USDA Home Loans
100% Rural Corpus Christi 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
Corpus Christi Native American Home Loans
Corpus Christi 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
Corpus Christi Manufactured Home Loans
Great Alternative Corpus Christi 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
Corpus Christi reverse mortgages
Your Corpus Christi 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
Corpus Christi Non QM Home Loans
Making Corpus Christi 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
Corpus Christi One Time Close mortgages
Build Your Corpus Christi 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
Corpus Christi Refinance Mortgage Loans
Corpus Christi 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
Corpus Christi Cash-out Home mortgages
Corpus Christi 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
