Capital Home Mortgage Fort Worth

Fort Worth Home Purchase Loans

Fort Worth Home Purchase Mortgage Lender

Home Purchase Loans In Fort Worth

Obtaining finance for your Fort Worth home won’t be difficult if you know how to apply and qualify. Getting a mortgage can seem overwhelming only if you are not prepared and do your preliminary research.

It’s critical to be financially secure before applying for a mortgage because lenders use your income, assets, and credit score to determine whether you qualify for a mortgage.

You must put money aside for your down payment, closing costs, and prepaid items before you apply for a mortgage. Additionally, you must have some reserves. Reserve is what is left in your bank account, retirement account, etc., after exhausting your funds to purchase the home. 

A well-prepared home buyer will have all the necessary documents the lender will need for financing the loan. The basic documentation required for a home loan are (a) driver’s license, (b) social security card, (c) recent paycheck stubs, (d) recent bank statements, (e) retirement account statements, and (f) previous two years’ W-2. It is highly recommended that borrowers know where they stand credit-wise before applying for a mortgage. The higher your credit score, the more favorable terms you will get on the loan.

First-Time Homebuyer Benefits

A first-time homebuyer is defined in the mortgage industry as any person who has not owned or had interest ownership of any property in the last three years. There are several benefits of being a first-time homebuyer. Grants, down payment assistance, and tax credits are a few to mention.

A significant benefit of buying your first home is the first-time home buyer credit, besides finally finding and living in your dream house. This tax credit is a component of a government initiative that enables you to obtain reimbursements for closing costs and other expenditures.

How To Apply For A Fort Worth Home Loan & Get Pre-Approved

Getting pre-approved with several lenders before you formally apply for a mortgage will enable you to assess your financial situation, compare mortgage rates, and persuade sellers to work with you.

Even though getting pre-approved might not seem like a huge deal, a pre-approval letter can significantly help when you speak with sellers about their properties because it demonstrates that you are a serious, qualified buyer.

Pre-approval does not, however, guarantee that you will receive the loan. Several things must be satisfied, such as a clean appraisal report, survey, etc.

Get Pre-qualified and Pre-Approved With Capital Home Mortgage

Speak with one of our home loan specialists at (817) 779-7133 to get started on your path to homeownership. Capital Home Mortgage wants to ensure every client has a beautiful mortgage experience with minimal hassles and low fees. 

Capital Home Mortgage is a full-service Home Mortgage Company offering a full line of mortgage products, including FHA Home Loans, VA Home Loans, Conventional Home Loans, USDA Home Loans, Jumbo Home Loans, HUD Native American Home Loans and Reverse Mortgages.  Thank you again for your interest in Capital Home Mortgage, your full-service mortgage company. We look forward to providing your home financing.

Why Fort Worth is Choosing Capital Home Mortgage...

Close On Time with True Approval

Control of the Loan from the Application to Funding.

Great Fort Worth Rates / Low Fees

Direct Mortgage Lender Providing Competitive Rates and Low Fees.

Fort Worth Customer Service

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

Fort Worth 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

Fort Worth Home Purchase Loans

Fort Worth 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.

Fort Worth 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

Fort Worth 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.

Fort Worth 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 Fort Worth Purchase Programs
Fort Worth Mortgage Team

Conor Hayhurst

Managing Director
NMLS 743506

Damon Embler

Sr Loan Officer
NMLS 882260

Chris Erwin

Loan Officer
NMLS 914064

Dale Gremillion

Manager
NMLS 210325

Fort Worth Mortgage Company Reviews

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