Wherever you may be in your home buying journey, whether it be buying your first home, building your dream home, purchasing an investment property or refinancing your present mortgage, Capitol Federal® is prepared to help you every step of the way. Our trusted loan professionals have the experience and eagerness to work with you to find a personalized loan solution that fits your unique needs. Here at CapFed® we have a variety of loan options to discover:
- Fixed-Rate Loan
- Adjustable-Rate Loan
- Purchase-Improvement Loan
- Construction Loan
- VA Loan
- Home-At-Last Loan
- Parent-Child Loan
To learn what you will need to complete your application, visit our Online Mortgage Application page.
Fixed-Rate for Predictable Payments
No Surprises. Competitive Rates and Terms.
A fixed-rate conventional home loan guarantees your interest rate remains constant throughout the life of the loan. This ensures the principal and interest portion of your monthly payment won’t change. Spreading payments over a longer term can also lower your monthly payments, making it ideal for those planning to stay in their home for several years.
- Available in 30, 20, 15, and 10-year terms
- Locks in an interest rate, protecting against future market rate increases
- Convenient Automatic Payment Option
Capfed® offers competitive interest rates on jumbo loans with amounts starting well above the industry standard.
An Adjustable-Rate Loan for a Lower Initial Rate
Lower Initial Interest Rate
An adjustable-rate mortgage (ARM) is a home loan in which the interest rate is based on an index that reflects current market conditions plus a margin that is added to the index. This index value varies and is available upon request or at application time.
- Capped annual and lifetime rate adjustments after the initial term
- Ideal for those planning to stay in their home for only a few years
ARM Loan Plans:
- A 7/1 ARM has a fixed rate for the first 7 years. After that, the rate adjusts annually based on the index plus the margin, within set caps.
Parent-Child Loan Program
Family Means Everything. Competitive Rates and Terms.
A Capitol Federal® Parent-Child loan is for individuals who have a parent, or a child, that may not be able to qualify for a mortgage loan on their own. This loan offers down payments as low as 25% and offers competitive rates compared to investment property loans. With the help of a parent or child, the dream of becoming a homeowner is achievable. Family helping family, it’s what we do at CapFed®.
Parent-Child Loan Program Highlights:
- Competitive rates and terms as compared to investment property loans.
- As low as 25% down payment.
- Up to 30-year loan terms.
Get Pre-Qualified or Get Pre-Approved
Thinking of buying a home? Start with CapFed’s free Pre-Qualification program to see what you can afford based on your income, monthly obligations, and assets.
Ready to buy? CapFed’s Pre-Approval program shows realtors and sellers you’re serious and ready to commit. A Pre-Approval fee applies.
Residential Mortgage Loan Payment Assistance
Capitol Federal® offers Residential Mortgage Loan Payment Assistance to help homeowners facing financial challenges. Learn about options available to those struggling with mortgage payments, including forbearance, repayment plans, and loan modifications. CapFed® is committed to working with you to find a solution that best fits your situation, ensuring you stay on track with your home loan. If you're experiencing difficulties, explore the available resources and contact CapFed® for personalized support.
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With Capitol Federal's Automatic Payment Option, we handle all the details of paying your mortgage after you enroll, and this service is provided to you at no cost. Authorize deduction from a checking or savings account and determine the transfer date: 1st, 5th, 10th, 15th, 20th or 25th of each month.*
To start your Automatic Payment Option, simply complete the Automatic Payment Option Agreement Form** (PDF), sign and return the form, together with a check marked "void", to:
Capitol Federal
Attention: Loan Service Department
700 S Kansas Avenue
Topeka, KS 66603
If you prefer, you may fax the completed form to CapFed at 785-270-6024 or send via encrypted email to [email protected].Once registered, make a notation in your account register - or confirm the transaction through True Blue Online® banking. It's perfect! No checks to write, no postage to pay and no forgotten payments or checks lost in the mail. Under Capitol Federal's Automatic Payment Option, customers may make additional principal payments to their loan.
*Mortgage Loans and Consumer Loans are available on these dates if paid within 10 days of the due date. Ex. Due date 1st, you can set up the pre-authorized transfer 10 days prior to the due date or no later than the 10th of the month; if the Pre-Authorized Transfer payment date is later than the loan payment due date, additional finance charges may be incurred. Execuline transfer date available only on 10th of each month. All transfers are processed only on regular business days. Should the transfer date fall on a weekend or federal holiday, the transfer will be processed on the next business day. If the mortgage or loan payment amount changes, the customer will be notified in advance of the change.
**One agreement form is required for each loan.
Chairman's Desk - Winter 2024
Text Scam November 2024
