CALL TODAY FOR THE CONVENTIONAL 1% DOWN WITH EQUITY BOOST PROGRAM

Capital Mortgage is excited to announce a new Equity Booster program that will allow borrowers to get into a new home with very little down, yet still, enjoy some built-in equity!

Here’s how the program works: The borrower puts down 1%, and the lender contributes 2%* toward the down payment, giving the borrower 3% equity at closing.  This program is great way to offer a low down payment, and still enjoy a competitive rate!

*2% lender contribution may only be applied to down payment

This program is available with no monthly Mortgage Insurance, and we can close fast – normally in 30 days or less!

Call Capital Mortgage Boise today to learn more about this program.

208-854-7800

Or contact us online using the form on this page.

Borrower contributes 1% down, lender contributed 2% of the loan amount up to $5000 for the down payment and the borrower is responsible for any difference to get the required 3% down. The principal and interest payment on a $200,000 30 year Fixed Rate Loan at 5.125% and 97% loan-to-value (LTV) is $1088.97 with 0 points due at closing. The Annual Percentage Rate (APR) is 5.374%. The principal and interest payment does not include property taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 03/05/2018