Auburn Mortgage Lender
Welcome to Capital Home Mortgage Auburn, where we are committed to helping homebuyers and homeowners achieve their dreams with tailored Auburn home loans. Our mission is to provide highly competitive mortgage rates and low fees, ensuring you receive the best possible value. At the heart of our service is an unwavering dedication to delivering an outstanding customer experience. We believe every step of your home financing journey should be met with support, clarity, and care.
We are honored by the opportunity to earn your business and recognize the profound significance of purchasing a home. For most, it’s a life-changing decision—the foundation of a secure future and where memories are made. At Capital Home Mortgage Auburn, we understand the weight of this decision, which is why we go above and beyond to create a mortgage experience that’s as efficient as it is. From the beginning, you’ll be connected with a dedicated mortgage expert who will guide you through the entire process, ensuring your questions and concerns are answered. Our goal is to make the journey as smooth as possible, leading to a stress-free, on-time closing. After all, buying a home is an exciting new chapter, and we want to help you focus on the joy it brings, not the complexities of the process.
Capital Home Mortgage Auburn is a direct mortgage lender that handles every aspect of the lending process in-house. This means that from the moment you apply to the final approval and closing, you’re working closely with our team of experienced professionals. With in-house processing and underwriting, we are able to deliver quick decisions based on common-sense assessments, ensuring that your loan process moves forward without unnecessary delays. Our streamlined approach allows for faster approvals and closings so you can move into your new home sooner and with greater peace of mind.
Whether you’re a first-time homebuyer, looking to refinance, or searching for the right loan for your next move, Capital Home Mortgage Auburn is here to assist you with personalized solutions that meet your needs. Our team of knowledgeable Auburn loan officers is ready to provide expert advice and guidance tailored to your unique situation.
Don’t hesitate to reach out today at (253) 528-4417 to speak with one of our Auburn loan experts. Let us show you how easy and stress-free the mortgage process can be when you have the right team by your side. Together, we’ll turn your ownership dreams into reality with the personalized service and expertise that sets us apart.
Home Loans In Auburn Washington
Auburn is a city in King County, a suburb of the Seattle metropolitan area in Washington. Ranked as the 14th largest city in the state, Auburn’s real estate market is somewhat competitive. The average median price of homes sold early this year is around $590k and sells within 90 days in the market.
Mortgage Programs in Auburn
There are several different mortgage loan programs in Auburn. Here are some of the main types of mortgage loan programs:
- FHA Loans
This type of loan is backed by the government and intended to assist lower-to-moderate-income borrowers in purchasing a property. FHA loans are ideal for first-time homebuyers and individuals with less-than-perfect credit. FHA loans need as low as 3.5% of the purchase price as a down payment, making them a viable choice. FHA loans require mortgage insurance premiums (MIP) which can raise the overall cost of the loan.
Borrowers must have at least a 580 credit score to qualify for a 3.5% down payment. The down payment may also come from family members, an employer, or a charitable institution in the form of a “gift.”
- Jumbo Loans
This type of loan is ideal for applicants with good credit who want to purchase a high-priced home. Jumbo loans are intended for properties that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. In King County, the conforming loan ceiling for 2023 is $977,500. The opportunity to finance a more expensive house is one of the perks of a jumbo loan. Still, they frequently need more significant down payments and have more rigid qualification standards.
To qualify, jumbo loans typically need a credit score of 700 or above and a down payment of 10 – 30%, depending on the borrower’s circumstances.
- Conventional Loans
This loan is best suited to applicants with solid credit. To avoid Private Mortgage Insurance (PMI), conventional loans typically require a down payment of 20% of the home’s purchase price. Some lenders may accept a 3% down payment for highly qualified applicants. A regular 5% down payment is required, but PMI will be required. A conventional loan has the advantage of often having lower interest rates than other forms of loans; nevertheless, they can be more challenging to qualify for if you have a low credit score.
All conventional loans require a credit score of at least 620.
- VA Loans
VA home loans are guaranteed by the US Department of Veterans Affairs and originated by private lenders. The VA home loan program is intended to assist qualifying veterans, active-duty military members, and surviving spouses in becoming homeowners by providing attractive loan terms and benefits. The VA home loan program enables veterans and their families to purchase, develop, improve, or refinance a house.
Borrowers must meet specific requirements to be eligible for a VA home loan, including serving a minimum length of active duty service, meeting income and credit score requirements, and obtaining a Certificate of Eligibility from the VA. However, specific requirements may vary depending on the type of VA loan being applied for.
One of the benefits of a VA home loan is that it allows borrowers to buy a home with no money down. Furthermore, VA home loans have competitive interest rates, low closing costs, and no requirement for private mortgage insurance. Another benefit of VA home loans is that they have liberal credit and income requirements, making them more accessible to qualified borrowers.
Apply for a Home Loan in Auburn
Purchasing a home is a monumental achievement, and Capital Home Mortgage can help make the process as simple and joyful as possible. We are a full-service mortgage firm committed to providing outstanding customer service and delivering various mortgage products.
Contact one of our Home Loan Experts at (253) 528-4417 to get started on the path to homeownership!
Auburn Mortgage Rates
Auburn Real estate Market
Auburn’s economy has been robust, with diverse industries contributing to job growth and economic stability. Cities like Nashville, Memphis, Knoxville, and Chattanooga have seen significant development and attract both businesses and residents, boosting the real estate market.
Auburn has experienced steady population growth fueled by factors such as job opportunities, affordable living costs, and quality of life amenities. Increased demand for housing, both rental and ownership, has positively impacted the real estate market across the state.
Compared to many other states, Auburn offers relatively affordable housing options, attracting first-time homebuyers, retirees, and investors. This affordability has contributed to sustained demand and a healthy real estate market.
Several cities in Auburn have undergone urban revitalization efforts, leading to the redevelopment of downtown areas, the creation of mixed-use developments, and the enhancement of public spaces. These initiatives have increased property values and attracted new residents and businesses.
Auburn’s tourism industry, centered around attractions like the Great Smoky Mountains, Nashville’s music scene, and historical sites, has bolstered the real estate market, particularly in areas with high tourist traffic. Vacation rentals, hotels, and hospitality-related properties have seen increased demand.
Auburn’s real estate market has attracted attention from investors seeking favorable returns and opportunities for growth. Residential and commercial properties, as well as real estate development projects, have been of interest to both local and out-of-state investors.
Despite its strengths, Auburn’s real estate market faces challenges such as infrastructure needs, affordable housing shortages in some areas, and potential impacts from external factors like natural disasters or economic downturns. Addressing these challenges will be essential for sustaining the market’s growth and stability.
Auburn’s real estate market presents opportunities for buyers, sellers, and investors alike. Favorable economic conditions, population trends, and affordability drive continued growth and development. However, staying informed about market dynamics and local factors is crucial for making informed decisions in this dynamic environment.
Auburn Home Mortgages
Capital Home Mortgage Auburn is a full-service Auburn Mortgage Lender that offers a complete line of home loans to meet all Auburn Residents lending needs: Auburn Purchase Home Loans, Auburn Renovation Home Loans, Auburn Construction Home Loans, Auburn Manufactured Home Loans, Auburn Rate and Term Refinance Home Loans and Auburn Cash-Out Home Loans.
Auburn Purchase Mortgages
At Capital Home Mortgage Auburn, we are committed to offering homebuyers a comprehensive selection of Auburn home purchase loans. We know that buying a home is one of life’s biggest decisions and can often feel overwhelming. That’s why we provide dedicated professionals to guide you through every step of the process and provide a clear education on the various loan options available. Our mission is to make your home buying experience smooth and stress-free, helping you confidently choose the loan that best suits your unique needs.
Auburn Rate and Term Refinance Home Loans allow borrowers to replace their existing mortgage with a new one to secure more favorable terms. The main objective is often to reduce the interest rate, resulting in lower monthly payments or to adjust the loan duration, which can either reduce payments or shorten the mortgage term. In some cases, this type of refinance can also help transition from one loan program to another, potentially eliminating the need for mortgage insurance and offering significant savings and flexibility to homeowners.
Auburn Cash out Mortgages
Auburn Cash Out Refinance Home Loans offer homeowners the opportunity to tap into their home’s equity by refinancing for an amount greater than their current mortgage balance. The difference is provided in cash, which can be used for various purposes, such as consolidating debt at closing. Unlike rate and term refinance, cash-out refinances typically have lower loan-to-value limits and may come with slightly higher interest rates, but they provide a valuable way for homeowners to access funds when needed.
Auburn One Time Close Construction Home Loans simplify the home-building process by combining the construction loan and permanent mortgage into a single loan, eliminating the need for multiple applications and closings. This saves time and reduces costs compared to traditional construction loans, which require a separate mortgage after construction is complete. Additionally, One Time Close loans can be paired with standard mortgage products, allowing for much lower down payments and making the process more convenient and affordable for homebuyers.
Auburn Renovation Mortgages
Looking for a new Auburn home but not interested in buying from a builder? Whether you’re drawn to the charm of an older home, the appeal of a well-established neighborhood, or the perfect location close to town, updating an existing house could be the key to making your dream a reality. Capital Home Mortgage offers a wide range of Auburn Renovation Home Loans to help bring that vision to life. We’ll guide you through every step of the process, handling the complexities of construction or rehab loans so you can focus on transforming your home into exactly what you’ve envisioned.
Auburn Manufactured Mortgages
Modern manufactured homes offer impressive design sophistication and amenities comparable to traditional site-built homes. Available in single-wide, double-wide, or even larger configurations, these homes are built using high-quality materials and techniques that meet rigorous standards. Constructed on steel chassis, they provide faster build times and cost-saving advantages. If you’re considering a manufactured home, contact us today to explore our range of Auburn Manufactured Home Loans and discover how we can help make homeownership more affordable and accessible.
Auburn Purchase Home Loans
Capital Home Mortgage Auburn is your trusted full-service lender, providing a comprehensive selection of home loan options designed to cater to the unique needs of every Auburn homebuyer. Whether you’re stepping into homeownership for the first time with an FHA loan, seeking a USDA loan for a rural property, a Native Tennessean leveraging the HUD 184 Native American Home Loan, an active or retired veteran qualifying for a VA loan, aiming to finance your dream home with a jumbo loan, or an experienced buyer exploring conventional or non-QM loans, our dedicated team has the expertise and resources to guide you every step of the way. We are committed to helping you navigate the mortgage process smoothly and achieve your homeownership goals with confidence and ease.
Auburn FHA Home Loans
A Auburn FHA Home Mortgage, backed by the Federal Housing Administration, provides an excellent opportunity for a diverse range of homebuyers to achieve their dream of homeownership. Specifically designed to support low-to-moderate-income individuals and first-time buyers, FHA loans offer the benefit of a smaller down payment, making it easier to get started. These flexible loans are available to anyone, regardless of their background, thanks to adaptable credit score requirements and the option to use gift funds toward the down payment. Additionally, qualifying for a Auburn FHA home loan requires a stable employment history and documented income, ensuring borrowers are well-prepared for success. Whether you’re new to the housing market or seeking favorable loan terms, a Auburn FHA Home Mortgage can be the key to securing a comfortable and affordable home.
A Auburn VA Home Mortgage is an exceptional financing option designed specifically for qualified veterans, active-duty service members, and select surviving spouses in Auburn. These loans are offered by private lenders but are guaranteed by the United States Department of Veterans Affairs, enabling borrowers to take advantage of highly favorable terms such as no down payment and the elimination of private mortgage insurance (PMI). VA home loans are widely accessible, featuring competitive interest rates and flexible credit standards that make homeownership more attainable for those who have served our country. Whether you’re looking to purchase your first home, upgrade to a larger property, or refinance an existing mortgage, a Auburn VA Home Mortgage provides the support and advantageous terms you deserve, ensuring a smooth and affordable path to securing your dream home.
Auburn USDA Home Loans
A Auburn USDA Home Mortgage is an exceptional zero-down financing option provided by the U.S. Department of Agriculture, designed to support low-to-moderate-income buyers in achieving homeownership. These USDA home loans come in two distinct forms: USDA-Guaranteed and USDA-Direct. The USDA-Guaranteed Home Loan is offered through private lenders and backed by the USDA, while the USDA-Direct Home Loan is provided directly by the USDA itself. To qualify for USDA financing, your home must be situated in an approved rural area, and your household income must not exceed 115% of the median income for your region when applying for Guaranteed Loans. By offering these flexible and accessible loan options, Auburn USDA Home Mortgages make it easier for eligible buyers to secure their dream homes without the burden of a down payment.
Auburn Native American Home Loans
A Auburn Native American Mortgage, also known as a HUD Section 184 Guaranteed Home Loan, is a specialized government-backed loan exclusively available to registered Native Americans in Auburn. This unique mortgage program offers more accessible credit qualifications and provides access to tribal grants, making homeownership more attainable for eligible individuals. Additionally, the HUD 184 Home Loan delivers the flexibility to finance both the purchase and renovation of a home, allowing you to create a living space that perfectly suits your needs. Combining these benefits, a Auburn Native American Mortgage empowers you to secure and enhance your home with greater ease and support, ensuring a smoother and more rewarding homeownership experience.
Auburn Conventional Home Loans
A Auburn Conventional Home Mortgage adheres to the standards set by government-sponsored enterprises Fannie Mae and Freddie Mac, providing flexible financing options for primary residences, secondary homes, and investment properties. These conforming loans are accessible to a wide range of borrowers, requiring a minimum credit score of 620, stable income, and a down payment. With annual loan limits updated each January 1st to reflect the median home prices in your local area, Auburn Conventional Home Mortgage offers reliable and adaptable solutions tailored to the evolving real estate market. Whether you’re purchasing your first home, upgrading to a larger property, or expanding your investment portfolio, our Conventional Home Loans are designed to help you achieve your property goals.
Auburn Jumbo Home Loans
A Auburn Jumbo Home Mortgage is designed for those looking to finance high-value luxury properties that exceed standard conventional loan limits. As property values continue to rise, these premium loans have become increasingly popular among discerning homebuyers. Auburn Jumbo Home Mortgages offers flexible financing options, including fixed-rate terms of 30 years and 15 years and adjustable-rate alternatives to suit your financial preferences. With the ability to finance up to $3,000,000 at 90% loan-to-value, these mortgages provide substantial purchasing power without the burden of Private Mortgage Insurance (PMI). Whether you’re investing in a dream home or expanding your real estate portfolio, our Jumbo Home Mortgages deliver the competitive rates and comprehensive support you need to secure your luxury property with confidence and ease.
A Auburn Non-Qualified Mortgage, commonly referred to as a Non-QM loan, is a type of mortgage that does not conform to the standards set by government-sponsored enterprises (GSEs) for qualified mortgages. This loan option is particularly suitable for borrowers who do not meet the stringent criteria of a qualified mortgage, including individuals with inconsistent income or elevated debt-to-income ratios.
Auburn Reverse Home Loans
A Auburn Reverse Mortgage is a financial tool designed for homeowners aged 62 and older. It allows them to convert part of their home equity into tax-free cash without selling their property or making monthly payments. Offered through Capital Home Mortgage Auburn and backed by the FHA’s Home Equity Conversion Mortgage (HECM) program, this loan helps seniors supplement their retirement income, cover medical expenses, or make home improvements. The loan is repaid only when the homeowner sells the home, moves out permanently, or passes away, enabling them to stay in their home while enjoying financial flexibility. Capital Home Mortgage Auburn provides expert guidance throughout the process to ensure homeowners make informed decisions that align with their financial goals.
Why Auburn is Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Competitive Rates & Fees
Direct Lender with Complete Mortgage Programs
Exceptional Service
Customer Support Application to Final Payment
Auburn Mortgage Company Reviews
Auburn Mortgage Team
Auburn Mortgage Programs
Auburn Home Purchase loans
Looking to Purchase an Auburn 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, 2nd Home, Investment
- Competitive Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Auburn Renovation Home Loans
Looking to Rehab an Auburn Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
Auburn FHA Home loans
Great 1st Time Auburn 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 Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
Auburn va Home Loans
100% Financing for Auburn Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Auburn Conventional Home loans
Flexibility for Auburn 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
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Auburn Jumbo Home Loans
Auburn Non-Confirming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
Auburn USDA Home loans
100% Rural Auburn 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.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Auburn Native american Home Loans
Auburn 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
- Purchase, Refinance, and Renovation
Auburn Manufactured Home loans
Great Alternative Auburn 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
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Auburn Reverse Mortgage Loans
Your Auburn 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
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Auburn Non QM Home loans
Making Auburn Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
Auburn One Time Close Home Loans
Build Your Auburn 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 Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Auburn Refinance Mortgage loans
Auburn Rate & Term Refinance
Refinancing can be a hard decision and may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor for details.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Auburn Cashout Mortgage Loans
Auburn Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home. Refinancing may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
Washington Cities
State Specific Mortgage Information
