A look at the qualified mortgage standards
If there is one thing about financing in the mortgage industry, it is that it is always in motion. This is especially true since the credit crisis and the fact that many loans were written, which had terms that were undesirable to the borrower. One of the options that are available for new mortgages is known as the QM rule, or quality mortgage standards.
This rule was put into place to help provide protection for the homeowner and to ensure that they are protected against any abusive lending practices. When you use Capital Plus to purchase a home and you meet our qualifications for owner financing, we always make sure that those loans conform to the QM rule.
Of course, we want to ensure that all of our customers are happy with the home that they move into, including the financing that is available. Although we will not always underwrite a loan, as there are times when it must go through conventional means, we can still help to walk you through the process. It is our goal to ensure that you are as happy as possible with the property that you move into and this begins before the parties actually sit down at the closing table. We will help you with any paperwork that is necessary and make sure that it is filed properly, so that unnecessary delays can be avoided.
A Look at Your New Home
At Capital Plus, you can always be confident that you are getting a quality home in an area that is desirable. We purchase homes throughout the state of Texas, including in Houston, Dallas Fort Worth and San Antonio. Our qualified and experienced homebuyers will go to these properties to ensure that they meet with our high standards. After purchasing the home, we make any upgrades that are necessary so that they are ready to move into, and the move is seamless. Of course, if you are interested in making any changes to the home yourself or if you would like to renovate it on your own, we can accommodate you in this as well.
If you are interested in purchasing a home or discussing our mortgage terms, you can contact Capital Plus on the telephone or fill out our online form. One of our friendly, qualified staff members will get back with you promptly.