Capital Home Mortgage Puyallup
Puyallup Home Loans
Mortgage Lender Puyallup Washington
Home Loans In Puyallup, Washington
Located across Lake Washing from Seattle, Bellevue is the third-largest city in the Seattle metropolitan area. It is home to some of the world’s largest technology companies. Its housing market is so competitive the average price of a house is $1.5M, up 44% since last year.
Do you still live with your parents? Are you looking to relocate to a new city for a job? If this is the case, you may be looking forward to owning your first home or the next one.
The hunt for a new home can sometimes seem long and daunting, so daunting that you avoid taking the first steps. But, contrary to popular belief, purchasing a home does not have to be as stressful, overwhelming, or time-consuming as people make it out to be.
How Long Does It Take To Buy A New Home?
Given current market conditions, you’re likely to spend about a year finding and purchasing your next home. You may spend the majority of that time looking for the right home.
It is much harder to find a home that fits your needs and budget these days as the forces of supply and demand has tipped in the scales in favor of the sellers.
Getting Preapproved For A Mortgage (One or Two Days)
The first step in obtaining a mortgage is to apply for pre-approval, where your lender verifies your financial information to determine how much you can afford. If you qualify, your lender will issue a letter outlining an official estimate of the loan they are willing to offer you.
Shopping For A New Home (3 to 6 Months)
Searching for the right home is commonly the most time-consuming part of the home buying process. If you’re looking for a home in a hot real estate market, it could take you a few months to a year to find a home that ticks all the right boxes.
The best way to expedite this step in the process is by working with a real estate agent that knows the area and the market well.
Making An Offer (Depending On How The Negotiations Go)
When you’ve found the perfect home and are ready to buy, your real estate agent can assist you in making an offer and drafting an offer letter highlighting the terms of the sale.
If you’re making an all-cash offer, include a Proof of Funds letter to demonstrate your financial capacity to complete the transaction. If you’re taking out a mortgage, attach your pre-approval letter to your offer to show the seller that you’ve been pre-approved by a lender.
Finalizing Your Mortgage and Preparing For Closing (About 1 Month)
Now that you’ve signed your purchase agreement, you’re ready to start the mortgage application process. Most lenders need 30 – 45 days to finalize your loan details. Your lender will schedule an appraisal to ensure that your home meets the minimum requirements of your mortgage and then underwrite your loan.
During this time, you should also consider getting a home inspection to find out if there are any issues in the property you were not made aware of.
Closing Your Loan (A Week or Less)
When your appraisal is cleared, and your lender has finished underwriting your loan, it is time to close.
Before the closing, your lender will issue a document called Closing disclosure, which outlines the terms of your loan. You have at least three days to read it.
After three days, your lender will schedule a closing meeting. This is where you sign your loan documents, pay your down payment and closing costs, and take possession of your new home.
Mortgage Lender In Puyallup, WA
Are you looking to purchase a new home in Bellevue? Capital Home Mortgage can walk you through the process and assist you in making the best decision. We offer a variety of home loan programs to meet the needs of every buyer – from conventional loans to government-backed loans and jumbo loans.
As one of the leading mortgage lenders in Washington, Capital Home Mortgage has the advantage of providing our clients with a flexible underwriting policy, low fees, and competitive interest rates. Whether you are a first-time homebuyer, active duty or retired veteran, or a seasoned buyer, we are here to assist you.
Apply For A Puyallup Home Loan Now!
Capital Home Mortgage is committed to creating a positive home buying experience for our clients. We know that time is of the essence in real estate transactions. This is why we equip ourselves with the necessary technology and resources to speed up the loan application, underwriting, and funding processes.
You can count on us to complete the application process quickly and smoothly and close your mortgage on time.
Call us at (253) 528-4417; we look forward to providing your Puyallup Home Loan.
Why Puyallup HomeBuyers are Choosing Capital Home Mortgage
Close On Time
Control of the Loan from Application to Funding
Great Rates & Low Fees
Direct Lender Providing Competitive Rates and Low Fees
Exceptional Customer Service
7 Day a Week Support Application to Final Mortgage Payment
Puyallup 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
Puyallup Mortgage Programs
Puyallup Home Purchase
Thinking of Buying a Puyallup Home?
Looking to Purchase a Home? We have the loan 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
Puyallup renovation home loans
Looking to Rehab a Puyallup Home?
What 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
Puyallup FHA Home Loans
Great for 1st Time Puyallup 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
Puyallup VA Home Loans
100% Financing for Puyallup 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
Puyallup Conventional Home Loans
Flexibility for Puyallup 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
Puyallup Jumbo Home Loans
Puyallup 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
Puyallup USDA Home Loans
100% Puyallup 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
Puyallup Native American Home Loans
Puyallup 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
Puyallup Manufactured Home Loans
Great Alternative Puyallup 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
- OTC Land/ Home Combo
- Lock Rate Before Completion
- FHA, VA, USDA, & Native Loans
Puyallup reverse mortgages
Your Puyallup 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
Puyallup Non QM Home Loans
Making Puyallup 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
Puyallup One Time Close mortgages
Build Your Puyallup 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
Puyallup Refinance Mortgage Loans
Puyallup 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
Puyallup Cash-out Home mortgages
Puyallup 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