FREQUENTLY ASKED QUESTIONS!

The rates are different for each lender and may fluctuate daily. Unfortunately we have no authority in this decision, as it is the decision of the lender. However, rest assured that by filling out our quick application form you will be offered the best rates for your specific situation.

CAPITOL LENDING does not charge you any closing costs. Each lender determines their own closing costs. You may discuss your situation with them once you are in contact.

Typically the process may take anywhere from 2-4 weeks, although each offer may vary. The sooner you are able to verify the information that you provided on our website to your loan officer the quicker your loan will be processed. The standard information that is usually required is: Pay stubs, W2s, tax returns for the last two years potentially, bank account numbers and details of your long-term debt credit cards, auto loans, child support, etc., and home appraisal. If you are self employed you may also be required to provide financial statements for your business. Lenders want specific information. For example, the origin of your down payment will be queried.

A qualified broker or lender will work with you to determine the best loan and interest rates available to you after they review your personal information and your credit report. You will receive a list of the documentation needed to complete your loan and once this is completed your final loan papers will be signed by you and you will have a date when the loan will be completed.