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Loan Programs

When you’re ready to buy or refinance a home, you don’t want just any mortgage – you want the right mortgage for your current financial needs and long-term goals. At Capital Mutual Home Loans, we offer a wide range of options and help you find the best solution. Here are a few of our most popular mortgage programs.

Conventional Loan

Conventional loans are the most common and widely available mortgage option. For borrowers with good credit, balanced income, debt, and some down payment, they are often the least complicated to get the most flexible mortgage options.


  • Fixed-Rate for the life of the loan

  • 10, 15, 20, and 30-year terms

  • Loan Amounts up to $510,400

  • Can Finance Primary, Second Homes, and Investment Properties

  • Low Down Payment Options Available for Qualified Borrowers

  • Available for Purchase and Refinance Transactions

FH Loan

FHA Loans are insured by the Federal Housing Administration (FHA), a branch of the U.S. Department of Housing and Urban Development, or HUD. FHA is often the best option for people who need a little extra flexibility when qualifying for a new home mortgage. You do NOT need to be a first time buyer – anyone who is buying a new home as their Primary Residence or Second Home is eligible.


  • For Primary Residence or Second Home

  • A minimum of 3.5% down payment required – Maybe a gift!

  • The seller can contribute up to 6% of the borrower’s closing costs.

  • Flexible Mortgage Guidelines

  • Available for Purchase and Refinance Transactions

VA Loan

The Department of Veterans Affairs (V.A.) offers to finance primary residences for Veterans. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to be eligible for a V.A. loan than conventional loans.


  • Must be a Veteran, Active Duty Military, or member of the Reserves.

  • Up to 100% Financing – No Down Payment

  • No Monthly Mortgage Insurance

  • Closing Costs May Be a Gift

  • Available for Purchase and Refinance Transactions


The U.S. Department of Agriculture USDA provides low down payment options to qualified borrowers at very low-interest rates and very low mortgage insurance premiums. Suppose you are buying a home in a Rural Development -eligible area and meet the program requirements. In that case, this loan is perfect for you.


  • For Primary Residence

  • 100% Financing Available

  • 10, 15, 20, and 30-year terms

  • House must be in a Rural Development-eligible area.

Jumbo Loan

Jumbo Loans exceed the maximum loan amounts established by conventional loan limits, currently $510,400. A Jumbo Loan is right for you if you are looking to buy a high priced or luxury home.


  • Financing above conforming loan limits of $510,400.

  • The convenience of one loan versus having Multiple Mortgages

  • Fixed and adjustable-rate mortgage options

Reverse Mortgage

A Reverse Mortgage is a loan for those age 62 and older that allows homeowners to convert their home’s equity into cash with no monthly mortgage payments.


  • Primary Home

  • No Monthly Mortgage Payments

  • Receive Money Monthly

  • For borrowers 62 years & older.

Capital Mutual / April 10, 2024 / All Rights Reserved ©