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Rick Jackson, CLO, Discusses the Current Housing Market

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Executive Vice President Rick Jackson, Chief Lending Officer, shares his thoughts on housing prices, demand, Capitol Federal's local loan servicing and why 2016 is a great year to buy a house.

Check back often to learn more about the economy, finances, housing and our True Blue® traditions by watching our CapFed® series of videos, here on capfed.com. These short snippets of video will provide insights to help you make more informed decisions as you make your way through 2016 and beyond. Both our Executive Team and our employees will be featured, telling you what you need to know and what's to come. We are excited to share what it means to be True Blue. See the other videos here.

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Categories: CapFed® News, Community and Events, Your Home
Tags: Home Mortgages


Capitol Federal

A "bridge loan", also sometimes referred to as a "swing loan", is a short-term loan taken out by a borrower against their current property to finance the purchase of a new property. This allows the borrower to purchase another property without waiting for the sale and close of their existing home. The borrower has time to market and sell their existing home and when sold, the proceeds are used to pay off the loan. Capitol Federal® does offer a bridge loan that has interest only payments and a maximum term of 12 months. A risk does exist that if the current home does not sell by the maturity date, the borrower must come up with funds to pay off the loan balance by the maturity date. If you would like more information, you can visit a CapFed® branch or contact one of our Loan Professionals: capfed.com/LoanProfessionals Equal Housing Lender

Gilbert J> Keiter

What is a Bridge Loan? I'm buying and maybe sell mine several months later. live near Gardner, KS

Capitol Federal

Kaye -- A customer service representative will be contacting you to answer your questions. You can see our current home loan rates at capfed.com/MortgageRates -- Capitol Federal

Capitol Federal

Hi Shelley -- Thank you for contacting us! One of our loan professionals will be in touch to help connect you to the right person. -- Capitol Federal

Shelley Barnhill

I currently own my home in Auburn, KS. My job moved from O. P. KS to Topeka in Oct. 2000. I'm now retired and want to move back to Johnson County. I want to sell my house and buy another one in Johnson County but I need some advice first. For example, is this the best time to sell my house? Who could I discuss issues like this with, a financial advisor, a real estate person or Cap Fed?

Noelle Beck

My daughter and I are Realtors with Reece Nichols, Town Center in Leawood. We are the BECK TEAM KC. We have banked with Capitol Federal for years and would love to partner on loans for mortgages for our clients. We will visit our branch but feel free to reach out if there are loan officers who are progressive and aggressive at meeting client needs. We sometimes think outside of the box and want go to lenders who are available to help our clients find a home. We don't work " bankers hours" and need lenders willing to work with our clients when we do. Out goal is to serve our community, a strength we find in Capital Federal too. Give is a call to discuss a lunch meeting or coffee with the right loan officer. Noelle Beck, 913-967-9981 or Erin Beck Kuntzsch at 913-660-4151.

Kaye Davis

What are your interest rates and do you refinance homes in Leavenworth?

Alice Riordan

When Fidelity closed,I switched to CapFed. I enjoy your employees and the service they give to me.

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