Capital Home Mortgage is a full-service mortgage lender. It understands that one of the most important financial investments is home ownership. Capital Home Mortgage helps people with several different types of credit issues. Capital home mortgage helps customers benefit from the home ownership by maximizing their options, whether itís by taking advantage of the equity in their home or by refinancing to a lower interest rate to save money on their mortgage payments. A number of mortgage programs to choose from including fixed rates, ARM's, balloons, government and loans for every credit situation all at extremely competitive rates and terms. There are many affordable loan programs available to fit your income and credit needs. The terms of these loan programs include less cash, lower income requirements, and the ability to demonstrate a good credit history through non-traditional sources like utility records and landlords.
The process of Capital home mortgage is:-
Step 1 -The approval process begins with a completed loan application.
Step 2 - Your application goes directly to an underwriter for review.
Step 3 - The loan processor will build your loan file as quickly as possible documenting your income, assets, employment and debts.
Step 4 - After the processor has assembled all of the documents, your loan file is given back to the underwriter for final approval.
Step 5 - Document preparation includes disclosures, the loan contract and an instrument indicating a new lien has now been placed on the property.
Step 6 - Loan funding means we send the money to your designated agent, who disburses it in accordance with the instructions included in the loan documents. The actual sequence of steps and delivery of the funds varies quite a bit based on where you are in the US. Funding means the end of the loan process and the beginning of the moving process.
Thus Capital home mortgage handles the entire loan transaction from beginning to end.