rick jackson, chief lending officer, discusses the current housing marketExecutive Vice President Rick Jackson, CLO, 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.
fixed-rate for predictable payments
A conventional fixed-rate mortgage guarantees the interest rate will remain the same over the life of the loan. This offers you the security of knowing the principal and interest portion of your monthly payment will not change. Interest rates remain low, making this a great time to purchase a home. Apply online and enjoy the ability to lock in a conventional rate while you shop.
Are you a first-time homebuyer? Visit our home buying guide for the information you’ll need to navigate the process without difficulty.Learn More Apply Online
An adjustable-rate Loan for A lower initial rateAn adjustable-rate mortgage (ARM) can be good for borrowers who plan to sell or refinance their home after the initial term ends. Typically, pay less interest over the life of your loan and save money.
Three, five or seven? They are all prime options.
Learn More Apply Online
Purchase + Improvement for unlimited potential
Buy the house you want and make improvements with one mortgage loan. Simply submit your bids for the improvements at the time of the loan application, and we will appraise the house taking your bids for improvements into consideration. This type of mortgage loan typically has lower monthly payments than regular improvement loans.
Buy it good. Make it great.Learn More
Construction-to-permanent for convenienceWith Capitol Federal’s Construction-to-Permanent loan program, you can enjoy the convenience of one loan throughout the building process and life of the loan. Our loan costs are among the lowest in the industry with dependable local service and local servicing for the life of the loan. When building a home, this is the most convenient financing available.
One closing. One rate. One loan.
home-at-last for renting no more
Our Home-At-Last loan program is specially designed to meet the needs of low- to moderate-income homebuyers. We offer several financing options to fit your budget. If you qualify, there are no minimum loan amounts, you need very little down and you receive quick loan decisions. Plus, you'll always get the personal service that's a True Blue® tradition at Capitol Federal®. Additional program requirements apply.Learn More
how much home can you afford?The loan amount, the interest rate, and the term of your home loan can have a dramatic effect on the total amount you will eventually pay for your home. Also, mortgage payments typically will include monthly allocations of property taxes, hazard insurance, and (if applicable) private mortgage insurance (PMI).
Use our mortgage calculators to see the impact of these variables along with an amortization schedule. In addition, calculate how much of a mortgage you may be able to obtain.