Capital Home Mortgage Texas

Texas Jumbo Home Loans

Texas Jumbo Mortgage Lender

Texas Jumbo Home Loans

One of the most important aspects of shopping for a new home is determining the type of mortgage that best meets your needs. In some cases, you may require a  jumbo loan to purchase the home of your dreams in some of the more expensive areas in Texas.

Capital Home Mortgage is a full-range mortgage company offering a wide range of Texas home loans, including jumbo loans. Contact us for more information about our mortgage products.

What Is A Jumbo Loan?

Jumbo loans are a type of mortgage used to finance the purchase of properties that exceed the conforming loan limit. Jumbo loan limits are significantly higher than conventional loan borrowing limits in all states.

For 2022, the conforming loan limit in Texas is $647,200 for all counties. Any home loan that is more than that amount is considered a jumbo loan.

How To Qualify For A Jumbo Loan In Texas

Lenders consider Jumbo loans high-risk because Fannie Mae or Freddie Mac does not guarantee them. Lenders lose money if a borrower defaults on a jumbo loan. As a result, the mortgage qualification criteria for jumbo loans are much more stringent than other types of loans. 

To qualify for a jumbo loan, you must have a stable income, adequate reserves, and a manageable level of debt.

Take the following steps before applying for a jumbo to increase your chances of getting approved:

     1. Improve Your Credit Score

Jumbo loans require a higher credit score than conventional loans. Lenders will run a credit report check, so work on your credit and ensure your score is at least 720 at the time of your application. Moreover, an excellent credit score may help you negotiate better mortgage terms.

     2. Clear Your Debts

Your lender will consider your debt-to-income ratio when applying for a jumbo loan. Since jumbo loans are significantly larger than conventional ones, having too much debt can hurt your chances of approval. Most lenders prefer borrowers with debt-to-income ratios of less than 43 percent.

     3. Save, Save, Save

Of course, you’ll need enough cash to cover your down payment. Lenders usually ask for a 10 – 20 percent down payment and may require you to have at least one year’s worth of reserves. Having enough cash on hand demonstrates to lenders that you are unlikely to default on your mortgage.

      4. Prepare Your Documents 

When you take out a mortgage, you will be required to provide a substantial amount of documentation. Tax records, bank statements, investment account information, and pay slips are just a few of the documents you will need to gather.

Prepare all these documents so you’re ready to hand them in as soon as they’re required. Lenders are more likely to work with borrowers who are well-prepared.

Apply For A Texas Jumbo Loan Now!

Jumbo mortgages are very attractive because they enable borrowers to acquire high-end properties that they would not be able to afford with a traditional mortgage.

If you’re considering buying a high-priced property in Texas, contact the experts at Capital Home Mortgage. Our jumbo loan specialists can discuss the process and help you decide whether a jumbo loan is your best option.

We are always ready to assist you in achieving your home ownership goals, no matter how lofty they may be. Call us at 800-960-4546 today!

Why Texas HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Mortgage Payment

Texas 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

Texas 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 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

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

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

Texas Mortgage Team

Dale Gremillion

Manager / Sr Loan Officer
NMLS 210325

Conor Hayhurst

Manager / Sr Loan Officer
NMLS 743506

Brad Rund

Director Native American Lending
Director Manufactured Housing

TExas Mortgage Company Reviews

Texas Cities

Houston Home Loans

San Antonio Home Loans

Dallas Home Loans

Austin Home Loans

Fort Worth Home Loans

El Paso Home Loans

Corpus Christi Home Loans

Laredo Home Loans

Lubbock Home Loans

Amarillo Home Loans

Brownsville Home Loans

Killeen Home Loans

Midland Home Loans

Waco Home Loans

Odessa Home Loans

Abilene Home Loans

College Station Home Loans

Beaumont Home Loans

Wichita Falls Home Loans

San Angelo Home Loans

San Marcos Home Loans

Galveston Home Loans

Tyler Home Loans

Mcallen Home Loans

Stephenville Home Loans

Texarkana Home Loans

Round Rock Home Loans

What is a Texas Jumbo Mortgage Loan?

Jumbo home loans, also called a non-conforming home loans, are home loan that exceeds the county lending limits of the GSE’s Fannie Mae and Freddie Mac.  Jumbo loans are backed by private investors and have different underwriting requirements from traditional Conventional and government home loans.   These guidelines are typically more restrictive, but do make it possible for larger home purchases to be financed. 

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