ZERO Closing Cost Homes

with a CapCenter Realtor

At CapCenter, we understand how overwhelming the first-time home buying process can be. That's why we exist - to make things easier for you as one team (the added savings is a bonus). Get started with our realty team by scheduling a consultation or by calling +1 (757) 334-2083. We're excited to help you find the right home.

The upfront costs vary widely on subject property, location, and borrower(s). The minimum amount you need includes costs that occur during closing such as the minimum down payment required for the loan product, government fees such as taxes, and escrows such as homeowners insurance premiums.

We have loan products that only require 0% to 3.5% minimum down payment. For a qualified first-time home buyer buying a $350k house in Richmond, VA, the total upfront costs are around $18,000.

Yes, CapCenter is a top-rated full-service realty.

CapCenter's real estate agents are local to assigned territories and execute many more deals than the average agent. Our closeness to our markets helps us understand and forecast market trends in your neighborhood. We'll provide the data and recommendations based on experience, but you make the call on how we proceed.

We recommend scheduling a consultation and speaking with your local realtor so you can see why we're rated five stars on Zillow.

The buyer's agent services are typically paid by the seller at closing.

Closing costs differ by state and county and generally refer to costs that occur at closing excluding certain items. CapCenter waives costs that are not related to the owner's equity (e.g. down payment), escrows (e.g. homeowner's insurance), or government fees (e.g. taxes) for most standard products. For details, use our mortgage calculator to see typical industry fees and our waived fees in your region.

Many lenders artificially lower rates with hidden fees and points to try to win your business. At CapCenter, we provide low rates with low or no fees and publish our rates and fees online for full transparency. We value honesty and transparency, and most of our clients are experienced mortgage borrowers who are tired of playing games with high, often hidden, "standard" upfront costs.

The main benefit to Zero Closing Cost mortgages is the flexibility. If rates fall, you can refinance with another CapCenter Zero Closing Cost mortgage for savings or move without worrying about the high sunk costs that come with a regular mortgage. The best part is, we'll let you know when it makes sense to refinance, expedite the process, and save big, again!

Learn more how rates and APR can be misleading in the mortgage industry.

Freddie Mac has a database of down payment assistance programs that are available. We check that database as part of our process to let you know if you may qualify for certain program(s). However, these programs are offered by external parties such as local governments, and there are typically eligibility requirements.

If there's a specific program you are interested in, please let your loan consultant know.

Buying a home is one of the most important financial decisions of our lives. Not only because of the significant dollar amount but because of how much impact a home has on our lifestyle, mental health, and future. With rising home prices in a volatile interest rate environment, we all wonder, when is it the best time to buy a home?

The answer really depends on your situation and what you're looking for. However, it's important to understand that homes are all a little different (e.g., location, style, condition, and history) and your ideal home may not be on the market when you're looking. That's why we believe the best time to buy a home is when your ideal home is on the market because that opportunity may never come again.

If your ideal home is on the market during a high interest rate environment, do not worry and buy with confidence. Save big with a Zero Closing Cost purchase and simply refinance with another Zero Closing Cost mortgage if rates drop, and continue to enjoy your dream lifestyle with more money in your pocket.