ZERO Closing Cost Mortgage Products

First-time homebuyers are eligible for many benefits which can include a low down payment of 3% and preferred interest rates. At least one applicant must be a qualifying first-time homebuyer to be eligible for such benefits.

Discount points allow you to pay a fee to receive a lower interest rate. The cost of each "point" is 1% of your loan amount. It takes time to save money from purchasing discount points, so they are best for homeowners that don't plan to sell or refinance their home in the near future.

In most circumstances, a "first-time homebuyer" is defined as anyone who has not owned a residential property in three years. This means you may still be a first-time homebuyer, even if you previously owned a house. Our loan team can assist you in determining your eligibility for first-time homebuying benefits.

CapCenter offers up to a $4,500 incentive for purchasing or refinancing a property in specific areas, free of income qualification! Check out our Community Assistance Grant to see if your property qualifies.

Assuming you have found a home you love at a price you can afford, why wait? CapCenter offers a number of loan features that can help control your interest rate, such as a lender-paid 1-0 temporary buydown, float down rate locks, and more. Plus, you can always get a no closing cost refinance with CapCenter once rates fall.