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(512) 593-1336 NMLS: 1692019

Purchase Your Austin Texas Home With Just 1% Down



BUYING AN AUSTIN TEXAS HOME HAS NEVER BEEN SO EASY: You bring in your 1% down payment, the lender contributes an additional 2% down payment (up to $5,000) in the form of a grant (never has to be repaid), for a combined total of 3% down and a 97% LTV! The Texas 1% Down conventional financing is great option for first time home buyers who would other wise qualify and are lacking the big down payment requirements held by other lenders. CapFi Lending has helped hundreds of home buyers by using a common sense approach to lending.

Texas Conventional 1% Down Loan Highlights

  • Conventional 30 year fixed loan
  • Down payment can be gifted from a family member
  • 2% Equity Boost grant for down payment (grant capped at $5,000)
  • Reduced monthly PMI premiums
  • Option to avoid paying monthly paid mortgage insurance
  • Close in 30 days or less

Eligibility & Qualifying Criteria:

  • DO NOT have to be first time homebuyers
  • Minimum 720 FICO credit score
  • Maximum DTI ratio determined by DU/LP
  • Max Loan amount of $453,100 or less
  • SFR, 1 unit, owner occupied only (no manufactured)
  • Non-Occupant co-borrowers not allowed
  • Borrower(s) cannot have ownership in any other property
  • Credit Smart homebuyer education class required if first time home buyer (free)

Working with CapFi Lending

  • We put YOU first. We are committed to getting every client the very best possible deal every single time.
  • CapFi Lending offers some of the most competitive rates in the Nation!
  • Fast and efficient, we close most of our loans in 30 days or less.
  • CapFi Lending is local we serve the greater Austin Metro Market
  • We offer a variety of loans. CapFi Lending will find you the loan that is right for you!!!

There’s no reason to wait. Call today and get the home you’ve always wanted 512-593-1336

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