Buying or refinancing a home

Home purchase loans, explained clearly.

Financing to buy a primary residence, whether it is your first home or your next one. We compare the loan types available to you through Capital Lending Group and help you choose with confidence.

Talk to Chad & Rachel Homebuyer guide

The Basics

What it is

A purchase mortgage is a loan secured by the home you are buying. Common loan types include conventional loans and government-backed loans such as FHA, VA, and USDA. Each has its own down payment, credit, and property guidelines. We will tell you which ones are available to you and how they compare for your situation.

Who it's for

First-time buyers who want every step explained
Move-up buyers selling one home and buying another
Families relocating to the Austin area
Veterans and service members (ask us about VA eligibility)

What lenders typically review

Income and employment history
Credit history
Savings for the down payment and closing costs
Monthly debts compared to income
An appraisal of the home

How It Works

From first call to closing.

Every deal is a little different. Here is the general path, and we will tailor it to you.

1
Talk it through
Share your goals, timeline, and comfortable monthly payment.
2
Get preapproved
We review credit, income, and assets so you can shop with a clear budget.
3
Find your home
Make an offer with your preapproval letter in hand.
4
Underwriting to closing
Appraisal, final approval, and closing, with updates from us along the way.

Good Questions

Home Purchase questions.

Have a question that is not here? Ask us. No question is too basic.

Ask a Question

How much do I need for a down payment?

It depends on the loan type. Some programs allow a low down payment, and Texas down payment assistance programs may help eligible buyers. We will show you the options side by side.

Should I choose a fixed or adjustable rate?

A fixed rate keeps your principal and interest payment the same for the life of the loan. An adjustable rate can change after an initial period. We will walk through how each would work for you.

What is the difference between prequalification and preapproval?

A prequalification is an early estimate. A preapproval includes a credit check and document review. Read our guide.

Keep Exploring

Related programs.

I want to refinance my homeHome RefinanceLearn more I need to move before other funds are readyBridge LoansLearn more I'm buying land or a ranchFarm & Ranch LoansLearn more

All loans are subject to credit approval, underwriting, and property review. Program availability, terms, and requirements vary and can change. This page is general information, not a commitment to lend. We will explain the requirements for any program before you apply.

Questions about home purchase financing?

Tell us what you are working on, and we will walk you through whether this program may fit.

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