Primary Residence Program

A “Primary Residence” loan is a long-term loan used to purchase or refinance a property that will be the borrower’s primary residence. A Primary Residence loan is a great fit in the following situations:

  • When you are looking for a long-term, fixed-rate mortgage
  • When you want flexible income documentation options
  • When you have a credit score of 620 or higher

At Capital Funding, our primary residence loans close quickly and offer competitive interest rates. We offer flexible income documentation options to meet your needs.

How does it work?

Investment Criteria

Loan Size$250,000 – $10 Million
Term30 Years
Time to Close21 – 40 Days
Asset ClassesSingle Family
LTVUp to 90%
Lien PositionFirst or 2nd mortgage or deed of trust
Interest Rate6.50%+ (based on program)
Origination Fees1.50% – 2.75% (adjusted to loan size and complexity)
AmortizationP&I and Interest Only Options
PPP / Yield MaintenanceNone
Minimum Credit Score620+
Income DocumentationFlexible Options – No Doc, 12 Month Bank Statements, P&L, CPA Letter, or Tax Returns – Based on DTI

Required Documents

We recommend being prepared to provide the following documentation in order to process this type of loan as efficiently as possible.

Property Documents

Purchase Contract or Payoff & Current Mortgage Statement (if applicable)
Valuation (to be ordered)
Title & Insurance Contacts

Personal Documents

Loan Application
Copy of Driver’s License & Passport
Personal Financial Statement
Schedule of Real Estate Owned
Bank Statements

Business Documents

Entity Documents – Articles of Organization + Bylaws/Operating Agreement
Bank Statements / P&L / CPA Letter / Tax Returns (if applicable)

APPLY NOW

Get the fastest hard money lender on your side and let Capital Funding fund your dreams.

LET’S GET STARTED

Wondering which program best fits your investment? Speak to a loan officer to get tailored guidance on the best options for your property.
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5550 Glades Rd Ste #200,
Boca Raton, FL 33431