Realty List SavingsZero % ListOne % List1.5 % ListRealty Buy SavingsMortgageZero Closing CostsOn-time Closing Guarantee1% Rate Reduction ProgramExtended Lock PolicyCommunity Assistance GrantTerms
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o provide our clients with quick, reliable quotes—and to keep our descriptions applicable to most situations — CapCenter makes some assumptions and sometimes uses “best guess" estimates in our examples.
If your situation does not match our assumptions or approximations, that does not necessarily mean that you will not qualify for a loan. To learn more about what options may be available to you or to obtain a more personalized quote, please call 800-968-5844 or email us to connect with one of our expert Loan Consultants.

Realty List Savings

Lower listing fees means more money in your pocket. When you sell your home with CapCenter’s dedicated team of full-service Realtors,® you can save money without compromising service.

How Typical Realty Commissions Work

There are usually two real estate agents involved in a home sale.

  1. The seller's agent (also called the listing agent) who represents the seller.
  2. The buyer's agent, who represents the person buying the home.

It is most common for the seller to pay each agent a percentage of the final sales price as a commission. The seller can choose how much to pay each agent when the seller signs the listing agreement with the listing agent. In the markets where CapCenter Realty works, it is common for sellers to pay each agent up to 3%, for a total of up to 6% of the final home sales price paid by the seller to the real estate agents. The listing agent commission is for marketing the home, while the buyer’s agent commission acts as an incentive for agents to show the home to their clients.

Because the seller typically pays both agents, the expected cost of the commissions is indirectly factored into the sales price, such that the cost of buying and selling is most likely shared by both buyer and seller, depending on market and other sale negotiation factors

The CapCenter Difference

CapCenter sellers save more without sacrificing service. As the listing agent, we charge between Zero and 1.5% and provide the full range of service you expect from a trusted real estate agent.

  • Zero % List Savings: When you buy and sell with CapCenter’s Realty Team and finance your purchase with a CapCenter Mortgage. That’s right, we’ll waive the entire listing commission. See details below.
  • One % List Savings: When you buy and sell with CapCenter’s Realty Team or when you sell with CapCenter’s Realty Team and finance a purchase with a CapCenter Mortgage. Save up to 2/3 of what traditional real estate brokers charge. See details below.
  • 1.5 % List Savings: When you sell with CapCenter’s Realty Team. Save up to ½ of what traditional real estate brokers charge. See details below.

Learn more about our services and standard listing fee savings.

Zero % List Savings

We will waive our listing fee when you use CapCenter to sell your current home and buy and finance your next one. Simply enter into a Buyer’s Agency Agreement with CapCenter when you list your home through CapCenter and then close on your next home purchase within one year of selling your home, both using CapCenter Realty, and finance your purchase with a CapCenter Mortgage.

If you decide to buy your new home before listing your current one, to become eligible for our Zero % Listing Fee Offer, simply enter into a listing agreement with CapCenter or before the closing of your new home purchase and then close on the sale of listed home within one year of your purchase.

Important Terms

    • Within one year, you must:
      • Sell a home using CapCenter's Realty Team;
      • Buy a home using a CapCenter’s Realty Team. CapCenter must receive a commission of at least $5,000 from the seller on that purchase; and
      • Finance that purchase with a CapCenter Mortgage and keep that mortgage current for at least 6 months.
  • The buyer’s agent’s commission is not included in this offer. The amount offered is decided by the seller. We typically recommend that sellers offer a competitive commission to the buyer’s agent.
  • You can combine this offer with CapCenter's Zero Closing Costs Mortgage Offer but not with any other CapCenter Offer, including the Buy + Mortgage Bundle.
  • This offer is effective starting September 1, 2023 and is only available in the areas where we offer realty services and have realty agents available.
  • This offer is available for primary residences only, and you must occupy the home as your primary residence within 60 days of your purchase.
  • Your required CapCenter Mortgage must be current and active for at least six months and one day from your purchase.
  • The same individual must be the seller, purchaser, and borrower for these transactions.

One % List Savings

Increase your savings when you use CapCenter to sell your home and either buy a home or finance a home purchase with a CapCenter Mortgage in the same year.

If you buy or finance first, then sell, CapCenter will charge a 1% listing fee. If you sell first, then buy or finance, CapCenter will initially charge its standard 1.5% listing fee. The 0.5% difference will be refunded to you when you buy with CapCenter Realty or when you have kept your qualifying CapCenter Mortgage current for 6 months.

Important Terms

    • Within one year, you must:
      • Sell a home using CapCenter's Realty Team, AND either:
        • Buy a home using a CapCenter’s Realty Team. CapCenter must receive a commission of at least $5,000 from the seller on that purchase, OR
        • Finance a purchase with a CapCenter Mortgage and keep that mortgage current for at least 6 months
  • The buyer’s agent’s commission is not included in this offer. The amount offered is decided by the seller. We typically recommend that sellers offer a competitive commission to the buyer’s agent.
  • You can combine this offer with CapCenter's Zero Closing Costs Mortgage Offer but not with any other CapCenter Offer.
  • This offer is effective starting September 1, 2023 and is only available in the areas where we offer realty services and have realty agents available.
  • If, for this offer, you are financing a purchase with a CapCenter Mortgage, the offer is available for primary residence purchases only, and you must occupy the home as your primary residence within 60 days of your purchase. In addition, your CapCenter Mortgage must be current and active for at least six months and one day from your purchase.
  • This offer is not available for the following types of properties: (1) Properties owned by a bank and offered as short sales or foreclosures, (2) Commercial properties, (3) Unimproved land, (4) “For rent” properties, and (5) Mobile homes.
  • The same individual must be the seller, purchaser, and borrower for these transactions.

1.5 % List Savings

Sell your home with CapCenter for a 1.5% Listing Fee, subject to the limitations below.

    • The buyer’s agent’s commission is not included in this offer. The amount offered is decided by the seller. We typically recommend that sellers offer a competitive commission to the buyer’s agent.
  • Minimum listing fee paid to CapCenter is $3,000.
  • This offer is subject to the terms outlined in the seller’s listing agreement.
  • This offer is only available in the areas where we offer realty services and have realty agents available.
  • This offer is not available for the following types of properties: (1) Properties owned by a bank and offered as short sales or foreclosures, (2) Commercial properties, (3) Unimproved land, (4) “For rent” properties, and (5) Mobile homes.

Realty Buy Savings

Use one team and save more. When you buy a home with CapCenter’s Realty Team and finance that purchase with a CapCenter Mortgage, you not only have one team on your side, working together toward closing, but you save more on your mortgage.

Buy + Mortgage Bundle

When you use CapCenter’s Realty Team to purchase your home and you finance that purchase with a CapCenter Mortgage, CapCenter will reduce your interest rate by one-eighth of one percentage point at no additional cost to you, subject to certain limitations and exclusions described below. To receive this discount, the selling broker commission offered to CapCenter must be at least $5,000.00.

This offer is combinable with CapCenter’s Zero Closing Costs Offer . This offer is not combinable with any other offer, including the Zero % or One % List Savings. This offer is subject to lender approval and ability to offer a rate that is one-eighth of one percentage point below the available base rate.

The Buy + Mortgage Bundle is only available in selected cities and counties (and states) where we offer realty services and have realty agents available. Ultimately, the availability of the Buy + Mortgage Bundle will depend on your execution of a Buyer’s Agency Agreement with CapCenter.

This offer is not available for the following types of properties: (1) Properties owned by a bank and offered as short sales or foreclosures, (2) Commercial properties, (3) Unimproved land, (4) “For rent” properties, and (5) Mobile homes.

Mortgage Savings

Zero Closing Costs

Choosing a zero closing cost lender means you’re financing your new home, not a bunch of unnecessary fees.

CapCenter’s “Zero Closing Costs” offer is to pay or waive closing costs typically required when processing a home loan. Our offer does have limitations, and there are additional costs that apply to some transactions. For loan amounts of $100,000 or higher, CapCenter offers to pay for or waive the following closing costs:

Maryland
District of Columbia
Virginia
North Carolina
South Carolina
Georgia
Florida

Details

There are other costs and charges—such as escrow deposits—associated with mortgage closing that CapCenter does not cover. Also, there may be other charges depending on the specifics of your loan.

Our cash-to-close examples do not include prepaid interest. The amount you will owe in prepaid interest depends on the number of days between your loan closing and the last day of the month.

All homes financed with a CapCenter mortgage must be insured. If you are purchasing a home with a CapCenter mortgage, you will have to pay at least your first year’s homeowners insurance premium. Also, it is standard for a loan to have an escrow account in place for the future payment of property taxes, homeowner's insurance, and in some cases, flood insurance. For this reason, you may be required to fund an escrow account at closing.

For FHA or VA loans, and for loans with a loan-to-value ratio (LTV) greater than 80%, you may be required to pay an upfront mortgage insurance premium and/or a funding fee (for VA loans). Additional costs may apply to condominium properties, investment properties, loan amounts over $766,550, and borrowers with credit scores below 740.

If you elect to have any home inspections done, you will be responsible for the associated cost(s).

Our Zero Closing Costs Mortgage Offer does not cover transfer taxes, to the extent they apply in your property's jurisdiction. In some jurisdictions, it is customary for the seller to pay transfer taxes. You may also be responsible for the payment of any applicable government fees and taxes to record the purchase deed and CapCenter’s deed of trust, to the extent these fees/taxes apply in your property’s location.

Items paid for by CapCenter are paid through a lender credit. Lender credits are often subject to agency restrictions. See our Terms & Conditions for more information.

Note that when you proceed with a CapCenter loan, you will be charged an upfront Good Faith Deposit, which will be refunded in full if you close your loan. See our Terms & Conditions for more information.

On-Time Closing Guarantee

Timing contracts and financing to secure your next home is stressful. We limit that stress with our On-Time Closing Guarantee.

CapCenter guarantees to have your purchase loan ready to close by the closing date in your purchase contract. If your loan is not ready to close on that date, and CapCenter is solely responsible for the delay, you will receive an additional $1,000 credit at closing on top of the credits you already receive as part of our Zero Closings Costs and Realty Savings offers.

Limitations

The Guarantee only applies to purchase loan transactions in which CapCenter receives a completed loan application—as determined by CapCenter—at least 21 days before the Settlement Date set forth in the original purchase contract. If your Settlement Date is less than 21 days from our receipt of your completed loan application, CapCenter may still be able to have your loan ready on your scheduled Settlement Date and will work very hard to make it happen. We just do not offer a guarantee.

In addition, the Guarantee does not apply if closing is delayed for any reason outside CapCenter's control. Examples include (i) the seller’s or some other third party’s inability to satisfy requirements necessary to close on the Settlement Date; (ii) inclement weather or natural disaster; (iii) your independent agreement with the seller to amend the Settlement Date; (iv) your decision to change loan products/terms; or (v) the failure of your application to satisfy underwriting requirements.

The guarantee credit is subject to interested party contribution limits, established by the secondary market, meaning that there may be restrictions governing its use.

To claim guarantee funds, you must make a closing guarantee claim prior to close. CapCenter may amend or end this offer without notice.

1% Rate Reduction Program

When qualified, this offer reduces the interest rate by one percent (1.00%) for the first year of the mortgage.

CapCenter will fund a custodial escrow account, subject, to a maximum $9,708, with a lender-paid credit. Those funds will be disbursed directly to the investor to be applied only toward the interest accrued during the one-year buydown period. Opting for this program results in a 0.250% increase to the note rate on the loan.

Example: Today, the best available rate for your particular mortgage is 6.500%. Assuming you lock your rate today, you will have two options:

  • Option 1:  Lock your rate at 6.500% and make payments reflecting that rate for the life of the mortgage.
  • Option 2 (1% Rate Reduction): Lock your rate at 6.750%. Your mortgage payments during the first 12 months will reflect a 5.750% interest rate. Beginning with the 13th mortgage payment, your mortgage payments will reflect a 6.750% interest rate.
  • This offer is only valid on primary and secondary residence purchase mortgages underwritten through Fannie Mae, Freddie Mac, and Ginnie Mae.
  • This offer is only valid for mortgages with 15-year and 30-year loan terms.
  • This offer is not valid on Refinance Mortgages, Non-Agency Jumbo Loans, ARM Products, Investment Properties, VA and FHA Second Home Loans, or loans with a qualifying FICO score below 660.
  • Subject to agency restrictions, our offer may be combined with our flagship Zero Closing Mortgage program or your Realty Rebate program in some cases, but it cannot be combined with our Free-Floating Extended Rate Lock Program or any other CapCenter offer or promotion.
  • Offer may not be redeemed for cash or credit and is non transferable.
  • Offer cannot be retroactively applied to any loans.

This offer is subject to changes or cancellation at any time, without advanced notice, at the sole discretion of Capital Center LLC dba CapCenter. Additional restrictions/conditions may apply. This is not a commitment to lend. This offer is subject to individual loan approval, satisfaction of CapCenter’s underwriting requirements, and execution of a Temporary Buydown Agreement at closing.

Extended Lock Policy

Sometimes the purchase of a new home finds unexpected delays and hurdles. To ensure enough time for underwriting, we offer an extended lock policy.

Standard rate locks expire after 30 days, but some applicants may need a longer rate lock period when purchasing a home, particularly for new construction homes. CapCenter offers such locks, which can secure the prevailing interest rate for up to 12 months. All extended rate locks are typically priced at higher rates than the standard 30-day lock rates displayed on our website.

Conventional

CapCenter offers two Extended Rate Lock options for Conventional loans in a purchase transaction:

  1. Fixed Extended Rate Lock, or
  2. Float Down Extended Rate Lock

Fixed Extended Rate Lock (Conventional Loans)

Your interest rate will be set at the available interest rate on the day of lock with no rate float options. This means that if the rate goes up, your rate will not follow and vice-versa. Our Extended Rate Lock offer requires an upfront deposit of 1% ofthe purchase price stated in the purchase contract. If the price goes up forany reason, you may be required to pay 1% of the difference. In most cases,this upfront fee is refundable.

Lock length
Fee due at closing
45 days
0.125%
60 days
0.250%
75 days
0.375%
90 days
0.500%
For example, a $300,000 loan locked for 60 days will have an associated cost of $750. ($300,000 x 0.250%)

Float Down Extended Rate Lock (Conventional Loans)

A Float Down Extended Rate Lock protects you against rising interest rates but also allows you to also benefit from falling interest rates. If rates are lower by at least 0.25% when you are within 30-days of your closing date or expiration date (whichever is sooner), you can take advantage of a lower rate. Float Down Extended Rate Locks require additional fees. Depending on the length of the lock, payment of the fees may be split between rate lock and closing. 

Float Down Extended Rate Locks work as follows:

  1. Lock in your interest rate for the length of time needed to complete your purchase transaction.
  2. If your lock is for 120 days or longer, your float down extended rate lock fee will be split between an upfront payment equal to 1% of the loan amount and the remainder due at closing (see fee table below).
  3. Once within 30 days of your closing date*, you can request a one-time float down if CapCenter’s rates have decreased by at least 0.25%.
  4. Your rate will then be relocked at the prevailing 30-day lock rate plus 0.125%.  


Float Down Extended Rate Locks are also subject to the following eligibility requirements:

  1. Cannot be combined with a lender paid Temporary Buydown.
  2. Only eligible on Conventional loans (FHA and VA loans are not eligible for a floating lock).
  3. Only eligible if you intend to occupy the home as your primary residence (investment properties and second homes are not eligible for a floating lock).
  4. Minimum qualifying FICO score of 680 and above.
Lock length
Total Cost
(% of Loan Amount)
Upfront Fee
(% of Loan Amount)
Fee Due at Closing
(% of Loan Amount)
60 days
0.625%
0.000%
0.625%
90 days
0.875%
0.000%
0.875%
120 days
1.250%
1.000%
1.250%
150 days
1.625%
1.000%
0.625%
180 days
2.000%
1.000%
1.000%
270 days
3.125%
1.000%
2.125%
360 days
4.000%
1.000%
3.000%

Representative Example

Assume you need a $300,000 purchase loan that is closing in 120 days. The current 30-day rate on CapCenter’s website is 6.0% an drates decrease to 5.5% within 30 days of closing.

Lock your rate at 6.000% for 120 days.

  • You pay an upfront fee of 1.0% ($3,000) of the loan amount. The remainder of 0.25% ($750) will be paid at closing.
  • Since rates dropped by at least 0.25% to 5.5% when you are within 30 days of your closing date you can request to float down to the lower rate.
  • Your rate will then be relocked at 5.625% (5.5%+ 0.125%).
  • You will save over $25,000 in interest over the life of a 30-year loan in this scenario.

Government

For government loans (FHA and VA), the terms are similar to the Fixed Extended Rate Lock program for Conventional Loans. CapCenter offers 2 extended rate lock lengths for FHA and VA loans: 120-days and 180-days. Extended Rate Locks on FHA and VA loans include an increase to your interest rate, an upfront fee (paid at the time of lock), and a fee paid at closing.

The table below displays the Fixed Extended Rate Locks offered by CapCenter on FHA and VA loans as well as the cost associated with each.

Lock Length
Rate Add-On
Upfront Fee
(% of Loan Amount)
Fee Due at Closing
(% of Loan Amount)
120 days
0.250%
0.500%
0.750%
180 days
0.375%
0.500%
0.750%

Representative Example
A $300,000 VA loan locked for 120 days will have an associated total cost of $2,250. $300,000 x 0.500% = $1,500 due up front, plus $300,000 x 0.250% = $750 due at closing. Additionally, an increase to your rate will apply. If the standard 30-day rate lock on a VA loan is 5.500% at the time of lock, then the 120-day lock rate will be 5.750%.

Community Assistance Grant

The Community Assistance Grant program provides opportunity save up to an additional $4,500 when you finance the purchase of a home in an eligible census tract. If approved, you will receive the lesser of $4,500 or 2.00% of the loan amount. Grant money can be used to receive a lower interest rate or prepay certain expenses like Private Mortgage Insurance.

Limitations

  1. This offer is limited to subject properties located in specified census tracts in the geographic areas where CapCenter lends. Contact us for a list of eligible census tracts.
  2. This offer is only valid for mortgages with 15-year and 30-year loan terms.
  3. This offer is not valid on loans secured by a Manufactured Home.
  4. This offer is not valid on Jumbo Loans.
  5. This offer is only valid on conventional, primary residence mortgages underwritten by Chase Bank and originated by CapCenter.
  6. Qualification for the Community Assistance Grant is subject to underwriting approval from Chase Bank.
  7. Subject to agency restrictions, our offer may be combined with our flagship Zero Closing Mortgage program or Realty savings in some cases, but it cannot be combined with any other CapCenter offer or promotion.
  8. Offer may not be redeemed for cash or credit, is nontransferable, and cannot subsidize a cash down payment.
  9. Offer cannot be retroactively applied to any loans.

This offer is subject to changes or cancellation at any time, without advanced notice, at the sole discretion of Capital Center LLC dba CapCenter. Additional restrictions/conditions may apply. This is not a commitment to lend. This offer is subject to individual loan approval, including the satisfaction of CapCenter and Chase Bank’s underwriting requirements.

Terms Applicable to All Offers

  1. No offer described here is a commitment to lend.
  2. All offers that include the use of CapCenter Realty Services are only available in cities and counties (and states) where we offer realty services and have realty agents available. Except as restricted by law, we reserve the right to show or not show properties in a given area. Ultimately our realty offers are contingent upon CapCenter entering into the applicable agency agreement(s) with you.
  3. CapCenter is not responsible for any tax consequences to the customer that may result from our offers.
  4. All offers are subject to change or cancellation at any time without notice. To claim these offers, contact customerservice@capcenter.com; our offers are contingent on your completion of the transactions laid out in the respective explanations above.
  5. Additional conditions, restrictions, and limitations may apply. Call us at (800) 968-5844 to discuss how our offers can fit your unique needs and circumstances.