Capital Home Mortgage Auburn

Auburn One Time Close Home Loans

One Time Close Mortgage Lender Auburn

One-Time Close Construction Loan Auburn Washington

A One-Time Close Construction Loan is a mortgage loan that enables the borrower to acquire construction financing and permanent financing simultaneously. This financing option combines the interim and permanent loan transactions into a single transaction, and the borrower receives approval for the permanent loan before construction commences. This loan is frequently used to finance the construction of a principal dwelling, such as a single-family, site-built home, a newly constructed prefabricated home, or a modular home.

Features of a One-Time Close Construction Loan

The One-Time Close Construction Loan features a single closing date and interest rate. Borrowers may find this type of loan an affordable alternative because they only need to pay for one closing and may lock in their permanent interest rate. Obtaining a One-Time Close Construction Loan entails numerous procedures, including loan approval by the lender, builder registration, delivering documentation, and drafting drawings and specifications.

It is worth noting that a USDA Single Close Construction Loan, commonly known as a rural development loan, is available in some rural and suburban locations and gives a 30-year fixed-rate mortgage loan with no down payment required.

One-Time Close Construction Loan Benefits

A One-Time Close Construction Loan is a loan that combines the construction and permanent mortgage of a new home into one loan. Some of the advantages of a One-Time Close Construction Loan are as follows:

  • Only one application: eliminates the need for the borrower to apply for two separate loans, saving time and effort.
  • The borrower saves thousands of dollars in closing costs by eliminating the requirement for two separate closings.
  • A single appraisal valuation eliminates the possibility of appraisal surprises because just one evaluation is necessary for the loan.
  • Minimum down payment: The needed minimum down payment is only 3.5%. (up to the FHA county lending limit).
  • A single set of closing documents is used for the One-Time Close Construction Loan, making the process more streamlined and quick.
  • Affordability: Because the borrower only has to pay for one closing, they can lock in the permanent interest rate, making the transaction more reasonable.
  • Ease of funding: The One-Time Close Construction Loan simplifies the financing of a new house.

Apply For An Auburn One-Time Close Construction Loan

The construction of a new home is a significant undertaking with numerous factors to consider. With a One-Time Close Construction Loan, Capital Home Mortgage is here to facilitate this process. From groundbreaking to move-in, we provide a seamless process. Our Loan Officers will work with you and your home builder to ensure everything flows well.

Call us at (253) 528-4417 to speak with one of our Construction Loan Specialists.

Why Auburn 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

Auburn Washington 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 mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Auburn One Time Close Construction Home Loans

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
Auburn Mortgage Programs

Auburn Home Purchase

Thinking of Buying 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, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

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 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

Auburn FHA Home Loans

Great for 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 Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Auburn VA Home Loans

100% Financing for Auburn 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

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
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Auburn Jumbo Home Loans

Auburn 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

Auburn USDA Home Loans

100% Auburn Rural 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

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

Auburn Manufactured Home Loans

Great Alternative Auburn Housing

Auburn reverse mortgages

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
  • credit scores not applicable
  • Minimum age 62

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, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Auburn One Time Close mortgages

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 Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Auburn Refinance Mortgage Loans

Auburn 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

Auburn Cash-out Home mortgages

Auburn 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

Auburn Washington Mortgage Team

Dale Gremillion

Manager / Sr Loan Officer
NMLS 210325

Conor Hayhurst

Manager / Sr Loan Officer
NMLS 743506

Brad Rund

Native American Lending
Manufactured Housing

Auburn Mortgage Company Reviews

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