Tremendous flexibility.

 

Federal Housing Administration (FHA) loans have been helping people become homeowners since 1934.  The FHA – which is part of the Department of Housing and Urban Development – insures the loan, so you can get a better deal. Whether you’re a first-time homebuyer or looking to refinance an existing mortgage, Capstone’s FHA loan programs offer low down payment requirements and flexible guidelines.

 

Features & Benefits:

• Low credit scores accepted
  
• Fixed rate mortgages available
• Low down payment requirements
• 100% gift funds acceptable for down payment & closing costs
• No pre-payment penalty
• Smart refinancing option for homeowners with high-cost mortgages
• Loan limits up to $523,000 for Middlesex County borrowers
• Owner-occupant
• Single-family (1-4 units) and approved condominiums

 

What does FHA have for you?

Buying your first home?

FHA might be just what you need.  Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan.  Available on 1-4 unit properties.

 

Want a fixer-upper?
The FHA 203k loan is the FHA's primary program for the rehabilitation and repair of a single family properties.  It allows you to own a home that you want to remodel or repair, you can refinance what you owe and add the cost of repairs – all in one loan.

 

Financial help for seniors
Are you 62 or older?  Do you live in your home?  Do you own it outright or have a low loan balance? If you can answer ‘yes’ to all of these questions, then the FHA Reverse Mortgage might be right for you.  It lets you convert a portion of your equity into cash.

 

Want to make your home more energy efficient?

You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.

 

How about manufactured housing and mobile homes?

FHA has financing for mobile homes and factory-built housing. FHA offers two loan products – one for those who own the land that the home is on and another for mobile homes that are – or will be – located in mobile home parks.

 

 

 

 

Tremendous flexibility.

 

Federal Housing Administration (FHA) loans have been helping people become homeowners since 1934.  The FHA – which is part of the Department of Housing and Urban Development – insures the loan, so you can get a better deal. Whether you’re a first-time homebuyer or looking to refinance an existing mortgage, Capstone’s FHA loan programs offer low down payment requirements and flexible guidelines.

 

Features & Benefits:

• Low credit scores accepted
  
• Fixed rate mortgages available
• Low down payment requirements
• 100% gift funds acceptable for down payment & closing costs
• No pre-payment penalty
• Smart refinancing option for homeowners with high-cost mortgages
• Loan limits up to $523,000 for Middlesex County borrowers
• Owner-occupant
• Single-family (1-4 units) and approved condominiums

 

What does FHA have for you?

Buying your first home?

FHA might be just what you need.  Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan.  Available on 1-4 unit properties.

 

Want a fixer-upper?
The FHA 203k loan is the FHA's primary program for the rehabilitation and repair of a single family properties.  It allows you to own a home that you want to remodel or repair, you can refinance what you owe and add the cost of repairs – all in one loan.

 

Financial help for seniors
Are you 62 or older?  Do you live in your home?  Do you own it outright or have a low loan balance? If you can answer ‘yes’ to all of these questions, then the FHA Reverse Mortgage might be right for you.  It lets you convert a portion of your equity into cash.

 

Want to make your home more energy efficient?

You can include the costs of energy improvements into an FHA Energy-Efficient Mortgage.

 

How about manufactured housing and mobile homes?

FHA has financing for mobile homes and factory-built housing. FHA offers two loan products – one for those who own the land that the home is on and another for mobile homes that are – or will be – located in mobile home parks.