New Home Loans
It's time to live your dream! Secure financing to buy your new home today!
Financing Your First Home.
Stanford Capital has access to diverse and extensive mortgage products to fit a variety of home financing needs. We have listed some of the most popular here. To learn which loan options are best suited for your individual situation, schedule a consultation with your Stanford Capital Mortgage Consultant.
Home Opportunities Programs.
Little or no down payment required.
Flexible income, credit and debt guidelines, including non-traditional credit histories.
Incentives for public employees*
Home Opportunities programs are ideal for home buyers with the following consideration points:
High debt ratios and little savings.
Non-traditional credit histories.
Both documented and undocumented income.
Experienced financial difficulties.
*Qualified public employees include certified, licensed or accredited teachers, healthcare workers, fire fighters, police officers and EMTs. Check with your regional VA office to see if you are eligible.
Conventional Fixed-Rate Mortgage Loan.
Fixed-rate mortgages give you the security of knowing your monthly principal and interest payment will not change. Stanford Capital provides a variety of fixed-rate products, with loan terms ranging from 10 to 40 years.
Key features include:
Your monthly principal and interest payment is fixed over the life of the loan.
Protection from rising interest rates. No matter how high market interest rates go, your mortgage rate remains the same over the life of your loan.
A fixed-rate mortgage is ideal for home buyers with the following consideration points:
Prefer regular payments with no surprises.
Have limited or fixed incomes.
Plan to stay in their homes a long time.
Are buying a home at a time when interest rates are comparatively low.
Related Information: For fixed-rate loans backed by government agencies see FHA and Veteran financing.
Adjustable-Rate Mortgage.
Interest rate that is fixed for an initial period, then adjusts periodically based on market conditions.
Lower initial rate than with a fixed-rate mortgage.
A variety of fixed-period options ranging from one to ten years.
For home buyers with the following consideration points:
People looking to increase their short-term cash flow
Buyers who need a larger loan amount than they can qualify for with a fixed-rate mortgage
Home buyers who plan to move or refinance within a few years