Mortgage Products
First-time Homebuyer Loans

First-time Homebuyer Loans

Average income first-time home buyers receive a 0.125% interest rate discount with CapCenter!

If you haven't owned a home in at least three years, you're considered a first-time homebuyer! Subject to income limits, you may receive a lower interest rate. CapCenter is committed to the American dream, making home ownership a possibility for everyone.

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Product requirements

Meeting product requirements does not guarantee qualification. All loan product offerings are subject to underwriting approval and do not represent a commitment to lend.
Minimum down payment
Minimum credit score
Max debt-to-income
Closing costs

Product benefits

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Lower interest rate

Qualifying applicants will receive a 0.125% lower interest rate. Combining this offer with CapCenter Realty services can lower you rate even more.

Lower down payment

Qualifying applicants are only required to make a 3% down payment against the purchase price.

Additional considerations

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Income qualification

Your household must make at or below 100% of the median income where you are buying a home. Area Median Income (AMI) is set by Fannie Mae and Freddie Mac. Click here to see if you are eligible.

Down payment considerations

If you can afford to pay more than a 3% down payment, there are advantages to doing so. Higher down payments will decrease your monthly payment by lowering your debt and potentially, your interest rate.

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