Purchasing a New Home
When buying a home, there are many things to consider such as location, price, size, neighborhood, schools, the list goes on and on. Capital Mortgage Funding strives to make at least one major factor in the home buying process easy, and that’s your mortgage. Below are a few different aspects of the home buying process that we offer to you:
When buying a home, you may be pre-qualified or pre-approved. You can be pre-qualified over the phone in a few minutes. Pre-qualification is not as useful as pre-approval. Pre-approval requires a more rigorous process, including verification of your credit, income, assets and liabilities. It is highly recommended that you be pre-approved before you start looking for a home. This will put you in a better bargaining position and speed up the loan process.
If you haven’t already been pre-approved, you will need to start at the beginning with an application. Once your loan application has been received, we will start the loan approval process immediately. To improve your chances of getting a loan approval fill out the loan application completely. Respond promptly to any requests for additional documents. This is especially critical if your rate is locked or if you plan to close by a certain date.
There are many benefits to owning a home ranging from the satisfaction of being a homeowner, to the equity you build, to the freedom you have over your own living environment. Capital Mortgage Funding can help you realize your homeownership dreams by offering you the following advantages:
Easy, secure online application
Variety of mortgage programs
Guidance and advice from an experienced loan professional
If you are unaware of how the home buying process works, please check out our First Time Home Buyers Page.
To calculate how much your monthly payment may be, please use our monthly payment calculator.
To begin the home buying process, apply online now or give us a call at 1-800-LOW-RATE.