California Home Purchase Mortgages
No Credit Impact Mortgage Prequalification
California Purchase Mortgage Lender
Welcome to Capital Home Mortgage California. As a California Purchase Mortgage Lender we are dedicated to provide California homebuyers with California Purchase Home Loans at competitive California Purchase Mortgages Rates with low fees while ensuring outstanding California customer service. We understand that a California Home Purchase can be stressful and is one of the biggest decisions in most peoples lives. That is why we provide dedicated points of contacts to guide buyers through the home buying process while educating them on the different types of home purchase loans in California. Our goal is to make the home buying experience quick and easy while helping buyers evaluate and make the best decision on the loan that fits their individual needs.
Whether you are a first-time home buyer seeking a California FHA Purchase Loan, looking at a rural property and needing a California USDA Purchase Loan, a California Native American Purchase Loan, a an active duty or retired veteran in need of California VA Purchase Loan, or a seasoned buyer in need of a California Conventional Home Loan, we can help.
Capital Home Mortgage California is a California Purchase Mortgage Lender that manages the entire lending process from application to the funding. Our in-house processing and underwriting enables for quick, common sense approvals and timely closings.
Call today (888) 620-7744 to talk to one of our California Loan Officers.
California Purchase Mortgage Rates
California Purchase Home Loans
Capital Home Mortgage California offers a variety of California Mortgage Programs with competitive California Purchase Mortgage Rates. A brief summary is below as well as key points to understand in the home buying process.
- Down Payment: The initial payment made towards the purchase of the home, usually calculated as a percentage of the total purchase price.
- Interest Rates: The rate at which the lender charges you to borrow the money. Rates can be fixed (unchanging throughout the loan term) or adjustable (fluctuating over time).
- Loan Term: The duration of the loan, commonly 15 or 30 years, though other terms may be available.
- Closing Costs: Fees associated with finalizing the mortgage, including loan origination fees, appraisal fees, title insurance, and more.
- Pre-Approval vs. Pre-Qualification: Pre-qualification is an initial assessment of your ability to qualify for a loan based on self-reported information. Pre-approval involves a lender’s detailed review of your financial information and credit score to determine the specific loan amount you’re eligible for.
- Credit Score: A major factor in determining loan eligibility and interest rates. Higher credit scores often lead to lower interest rates.
- Private Mortgage Insurance (PMI): Required for conventional loans with less than a 20% down payment, PMI protects the lender in case the borrower defaults on the loan.
- Home Appraisal: Conducted by a professional to determine the fair market value of the property being purchased.
California Purchase Mortgage Loans
California FHA Purchase Home Mortgages
1st Time California Homebuyers
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
California FHA Home Loans are mortgages insured by the Federal Housing Administration (FHA) and issued by FHA-approved lenders. These loans are particularly designed to assist low-to-moderate-income applicants and first-time homebuyers who may benefit from a smaller down payment. However, FHA loans are not limited to first-time buyers—anyone can apply.
Key features of California FHA Home Loans include:
- Low down payment requirements.
- Flexible credit score standards.
- The option to use gift funds for the down payment.
In addition to these benefits, applicants must meet other eligibility criteria, such as:
- A consistent employment history.
- Verifiable, documented income.
These features make FHA loans an attractive option for individuals seeking to purchase a home with more lenient qualification criteria.
California VA Purchase Home Mortgages
100% Financing for California Vets
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
California VA Home Loans are a specialized mortgage option designed for qualified veterans, active-duty service members, and select surviving spouses in California. These loans are provided by private lenders but are guaranteed by the United States Department of Veterans Affairs (VA). This guarantee enables borrowers to access favorable terms, such as:
- No down payment requirement
- No private mortgage insurance (PMI)
In addition, VA home loans offer competitive interest rates and flexible credit standards, making them a highly appealing choice for eligible individuals seeking to buy a home in California.
California USDA Purchase Home Mortgages
100% California Rural Home Loans
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
California USDA Home Loans offer a zero-down mortgage program designed by the U.S. Department of Agriculture (USDA) to assist low-to-moderate-income homebuyers. These loans come in two types:
- USDA-Guaranteed Home Loan: Provided by private lenders and backed by the USDA.
- USDA-Direct Home Loan: Funded directly by the USDA.
To qualify for USDA financing, the following requirements must be met:
- The property must be located in a USDA-approved rural area.
- For USDA-Guaranteed Loans, household income cannot exceed 115% of the median income in the local area.
This program is a valuable option for those seeking affordable homeownership opportunities in California rural communities, with the benefit of no down payment required.
California Conventional Purchase Home Mortgages
Flexibility for California Buyers
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
- A minimum credit score of 620.
- A stable income history.
- A minimum down payment (which may vary based on the borrower’s profile).
California Native American Purchase Home Mortgages
California Hud 184 Home Loans
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
- Easier credit qualifications compared to conventional loans.
- Access to tribal grants for down payments or other financial assistance.
- The ability to renovate the home in addition to purchasing it.
California Jumbo Purchase Home Mortgages
California Non-Conforming Loans
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
California Jumbo Home Loans are mortgages that exceed the standard conventional loan limits, making them ideal for financing luxury properties or homes in high-value markets. As home values continue to rise, Jumbo loans have grown in popularity.
Key features of California Jumbo Loans include:
- Options for fixed-rate terms, such as 30-year and 15-year mortgages.
- Adjustable-rate alternatives are also available.
- Financing up to $3,000,000 is available, with up to 90% financing and no Private Mortgage Insurance (PMI) required.
Jumbo loans offer a flexible solution for California borrowers looking to finance larger loan amounts with competitive terms
California Non Qualified Purchase Home Mortgages
Making California Mortgages Possible
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
California Non-Qualified-Home Loans, also known as Non-QM loans, are a type of mortgage that does not meet the requirements set by government-sponsored enterprises (GSEs) for a qualified mortgage. These loans are designed for borrowers who may not fit into the conventional lending mold, making them ideal for individuals with unique financial situations.
Key characteristics of Non-QM loans include:
- Flexibility for borrowers with irregular income or high debt-to-income ratios.
- Options for self-employed individuals or those with non-traditional income sources.
Non-QM loans provide an alternative financing solution for those who may struggle to qualify for standard mortgage products, allowing them the opportunity to achieve homeownership.
California Home Purchase Loans
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
California fixed rate Mortgage Loans
All Fixed Rate Mortgage Loans are designed to have equal payments for the specified term. These loans offer predictability and are deemed to be less risky for borrowers. Fixed Rate Mortgage Loans are available with all mortgage products and are typically offered in 15 year and 30 year terms. However, Fixed Rate Mortgage Loans are also offer in 10 year, 20 year and 25 year terms although less common due to demand.
California Adjustable Rate Mortgage Loans
Adjustable Rate Mortgage Loans known as ARM’s are available with most mortgage products although limited with FHA, VA and USDA. ARM’s are great fit for homebuyers who plan to sell or refinance their home between 1 and 10 years and are looking for the lowest possible payment. ARM’s offers lower rates during times where fixed rates are higher. An adjustable rate mortgage is fixed for a specific time then adjusts on a predetermined time period and a predetermined amount based on a financial index and a fixed margin.
California Purchase Construction Home Mortgages
Build Your California Dream Home
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
California Construction Home Loans are a unique financing option that combines both the construction loan and the permanent mortgage into a single loan. This streamlined approach allows borrowers to go through the application and closing process just once, saving both time and money.
In contrast to traditional construction home loans, which require a separate application for a mortgage after construction is completed, the One Time Close option offers several advantages:
- Simplified Process: Only one application and closing, reducing administrative burdens.
- Flexible Financing: This loan can be combined with other standard mortgage products, often resulting in smaller down payment requirements.
This makes One Time Close Construction Home Mortgages an attractive choice for those looking to build their dream home efficiently and affordably.
California Purchase Renovation Home Mortgages
Looking to Rehab a California Home?
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
California Purchase Manufactured Home Mortgages
California Alternative Housing
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Why California is Choosing Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates & Fees
Exceptional Service
7 Day a Week Support Application to Funding
California Mortgage Company Reviews
California Mortgage Team
California Mortgage Programs
California Purchase loans
Looking to Purchase a California Home?
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
California Renovation Loans
Looking to Rehab a California Home?
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
California FHA Home loans
Great First Time California Homebuyers
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
California va Home Loans
100% Financing for California Veterans
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
California Conventional loans
Flexibility for California Homebuyers
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
California Jumbo Home Loans
California Non-Conforming Mortgage Loans
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
California USDA Home loans
100% California Rural Home Mortgages
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
California Native american Loans
California Hud 184 Home Loans
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
California Manufactured loans
Great California Affordable Housing
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
California Reverse Mortgages
Your California Home at Work for You
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
California Non QM Home loans
Making California Mortgages Possible
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
California construction Loans
Build Your California Dream Home
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
California Refinance Home Loans
California Rate & Term Refinance
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
California Cashout Home Loans
California Equity Cash Out Mortgages
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
