First Capital Mortgage, LLC is dedicated to providing you with the latest in Mortgage programs, the lowest mortgage rates available and low simple fee closing costs.
Q. How does First Capital Mortgage, LLC look for to approve my loan?
A. We base our approval process and loan program and rate on the following items:
CREDIT: Your credit is the major key to obtaining a mortgage loan. Credit is based on your past history with revolving credit card debt, installment loans, your auto loan, your existing or past mortgage payment history, delinquent debts, etc.
COLLATERAL: The bank wants to ensure that your home will come in at fair market value, this is why an appraisal is needed.
CAPACITY: Can you afford that new mortgage payment? Capacity takes all of your existing revolving debt, your income and your reserves (excess funds you have in accounts) into consideration to make certain that you can financially sustain the mortgage once it has closed.
Have a question about a loan? Ask us! Either call us at 866-845-3917 or fill out our online contact form here >>
First Capital Mortgage, LLC is here to help. Let our dedicated team of mortgage loan professionals hand craft a mortgage that’s right for you! We have many mortgage solutions that can be tailored to fit your particular situation. Call us today at 866-845-3917
First Capital Mortgage, LLC 1-866-845-3917
: Nashville, Tennessee
