Capital Hill Mortgage offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Fixed Rate Mortgage
Ajdustable Rate Mortgage
Veteran Affairs (VA)
Federal Housing Authority (FHA)
JUMBO Mortgage

Fixed Rate Mortgage

A fixed rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float."

 

 

 

 



Ajdustable Rate Mortgage

An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on a variety of indices.  Among the most common indices are the rates on 1-year constant-maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate (LIBOR).

 

 


Veteran Affairs (VA)

A Veteran Affairs (VA) home loan is a mortgage loan that benefits Veterans and allows them to take a home loan mortgage with a guarantee from the Veteran Affairs Administration.  The VA guarantees that a certain percentage of the loan will be paid back to the lender even in the case of borrower default.


Federal Housing Authority (FHA)

A Federal Housing Authority (FHA) home loan is a mortgage loan that is insured by the federal government.  These loans are designed to promote ownership for first time home owners as well as other non-first time owners.  There is credit flexibility as well as high loan to value (LTV) ratios available, which limit the amount of down payment necessary to purchase a property.  


JUMBO Mortgage

A JUMBO home loan is a mortgage loan that exceeds the maximum amount a secondary market conduit such as Fannie Mae or Freddie Mac will purchase from a mortgage banker or mortgage originator.  Traditionally these larger loans create larger risk resulting in right rates and lower LTV’s.




Doug Jacobson on Zillow