Home Loans In Wichita Falls, Texas

Welcome to Capital Home Mortgage – Wichita Falls. Wichita Falls is the 38th-most populous city in Texas. It is home to Sheppard Air Force Base, its giant technical training wing, and the Euro-NATO Joint Jet Pilot Training program.

The real estate market in Wichita Falls is somewhat competitive. Home appreciation is up 19.7% in the last 12 months, compared to home appreciation over the previous ten years, only 6.2%.

Transitioning from renting to owning a home is easily one of the most exhilarating decisions you’ll make. Homeownership is something that many people dream of, and to be in a situation where you feel financially capable of pursuing that dream is a huge accomplishment. It’s something to be proud of and an excellent investment for you and your family.

Step-by-Step Guide To Buying A Home

As excited as you are to purchase your first home finally, it’s essential to take things in stride and make sure you’re making the best decisions. Here are a few crucial tips for first-time homebuyers to keep in mind.

     1. Educate yourself and determine what you can afford.

Buying a home will probably be one of the most expensive purchases of your life, so it’s only fitting that you learn as much as you can about it before taking the plunge. First, you’ll need to understand the importance of your credit score and how it affects your home-buying experience. You’ll also need to determine how much you can realistically afford based on your current income and financial status. 

There are homebuyer’s education classes and a wealth of information online to help you better grasp the home-buying process and make sound decisions that may save you thousands of dollars.

     2. Explore down payment assistance and first-time homebuyer programs.

As you move forward in the home-buying process, you’ll find out that there are several loan options exclusively for first-time homebuyers.

The government offers particular loans to those who have yet to buy a house. Often, these programs include special incentives that remove some restrictions on home loans and reduce some of the costs associated with the purchase process. Some programs can help you save money both upfront and over the term of your mortgage.

     3. Work with a reliable team of professionals.

Several professionals are involved in the home-buying process: a real estate agent,  an attorney, a home inspector, and of course, your mortgage lender. 

The excellent team of real estate professionals can help you answer any questions and offer you guidance no matter what stage you are in your homeownership journey.

     4. Get pre-approved with a lender before looking for the right home.

Obtaining a pre-approval letter from a lender allows you to present a serious home offer and shows your capacity to make the purchase.

Sellers and agents take offers from pre-approved buyers more seriously, increasing the likelihood of accepting your offer.

     5. Close the loan and get the keys to your new house.

When you’ve finally found a property you wish to purchase, choose a lender you feel confident and at ease with before signing anything. Ask as many questions as you need to feel comfortable with your lender, as they are there to serve your best interests.

After your home loan is approved and the mortgage details are sorted out, prepare all the fees and documents needed to close the loan, where you’ll get the keys to your new home!

Wichita Falls, Texas Mortgage Lender

How do you get a first-time homeowner’s loan? Let Capital Home Mortgage assist you in finding the best mortgage for first-time home buyers. 

As a direct mortgage lender in Texas, Capital Home Mortgage can provide a range of possibilities for first-time home buyers. Whether you want to pursue a traditional fixed-rate mortgage or looking to avail of government-insured home loans with a low down payment, we can make it happen for you! We have the resources to hook you up with a program that will benefit you in the long term.

We’re The Best Team For The Job

It can be challenging for first-time homebuyers to obtain a home loan. Still, our mortgage specialists at Capital Home Mortgage are experts at navigating the complexities of the home loan process. We’ve made homeownership possible for many people, and we’d be happy to do the same for you too!

Call us at 800-860-4565 and speak with one of our Home Loan Specialists. We look forward to providing your Wichita Falls home loan.