Corpus Christi Home Purchase Loans

Are you looking to buy a house in Corpus Christi? Capital Home Mortgage can provide the home purchase loan needed to close the deal. We are a direct mortgage lender providing Corpus Christi residents with a wide array of mortgage products. 

Here’s a quick look at some of our Corpus Christi home purchase loan programs. 

– FHA Loans – Best for moderate-income earners, first-time homebuyers, and those with low credit scores.

FHA loans give borrowers with less than perfect credit scores and histories a loan. This is a government-backed loan so that lenders can provide loans to applicants with credit scores as low as 500 with at least a 10% down payment.

– Renovation Loans – Best for minor and major home renovations.

A renovation loan is perfect if you want to renovate your existing home or buy an old house and renovate it. FHA and VA offer renovation loans, but conventional ones are also available.

– VA Loans – Best for military service members.

Members of the military or their surviving spouses may get VA loans instead of other loan products. This loan offers many unique benefits, such as a zero-down payment.

– Conventional Loans –   Best for those with good credit history and who can afford a high down payment.

A conventional loan doesn’t have government backing, and it is suitable for borrowers with very good to stellar credit scores and enough money for a down payment. You can access affordable conventional loans with us if you have good credentials.

– USDA Loans –  Best for buyers in rural areas.

USDA loans help low-income earners get a modest and decent dwelling as their primary residence. It can be 100% financing and is only available in some rural regions. However, income eligibility requirements exist to qualify for a USDA loan.

– Native American Loans – Best for Native Americans looking for homeownership.

Native Americans who wish to have a home can get a Native American home loan because of its exclusive perks. At Capital Home Mortgage, we have loan experts well-versed in the Section 184 Indian Home Loan Guarantee Program.

– Reverse Mortgage – Best for seniors needing additional income. 

Not a home purchase loan, but a reverse mortgage can be a great way to get money from your home equity. This program is for borrowers aged 62 years or older. Receive periodic payments from a reverse mortgage as additional cash during retirement.

– Refinancing – Best for getting lower interest rates and faster repayment.

Were you thinking of switching from adjustable to fixed-rate mortgages or skipping mortgage insurance? Once you get 20% home equity, refinance your loan for cheaper payments.

– Non-QM Mortgage –  Best for those who can’t meet conforming requirements.

Is it hard to verify the source of your income? Or did you get out of financial trouble? If so, a non-QM mortgage can be an alternative financing source for rebuilding or building credit scores.

Get a Home Loan in Corpus Christi Today

Capital Home Mortgage finances all loan applications through direct mortgage lending. This also allows us to offer competitive interest rates and low fees on your Corpus Christi home purchase loans. 

Call us at (361) 724-3166 to speak with our home loan experts.