We often get questions from clients who have seen or heard something about a reverse mortgage on TV or radio ad. In this blog post we'd like to explain what a reverse mortgage is and if it might be right for you. What exactly is a reverse mortgage? A reverse mortgage is a home loan that [...]
What Is An Adjustable Rate Mortgage (ARM)? If you've been looking for a home loan or thinking about refinancing, then you've probably noticed the option of getting an adjustable-rate mortgage (ARM) instead of a fixed mortgage. An adjustable rate mortgage is a loan with an interest rate that is adjusted periodically based on the credit [...]
We often get calls or visits from potential home buyers who have been casually looking at real estate listings online, or stopping by an open house here and there, when the unexpected happens. They find it...the one... a home in a great location, with a perfect layout and just the right size, listed at a price that's [...]
When looking for a home loan, most people go to either a mortgage broker or a big bank. There are, of course, pros and con's to each, so our home loan experts here at Capital Mortgage have come up with some things for you to consider when choosing where to get your home mortgage [...]
Over the years we've helped hundreds if not thousands of home buyers in Boise and surrounding areas in Idaho get approved for a home mortgage. Unfortunately, during that time we've seen many well-intentioned people make poor decisions during the process that either disqualified them or made the process more difficult than it had to be. [...]
If you are underwater with your current home loan, then you may have heard about "The Home Affordable Refinance Program (H.A.R.P.)" or HARP 2.0. HARP is a federal-government program designed to help homeowners refinance at a lower mortgage rates when they owe as much or more on their home loan than their home is worth. [...]
If you are looking for a new home to build or buy, it's worth a second to consider some of the top mistakes home buyers in Idaho make, and how to avoid them. Buying More Home Than You Can Really Afford Buying a new home is fun and exciting, and when looking at all the [...]
In Idaho, there are many self-employed individuals have great income, but don't have the pay stubs or tax returns to show mortgage lenders. So are there any options for the self employed looking for a home loan? The answer to that question is yes! There are several banks that lend in Idaho that offer programs [...]
