Customized Loan Process
The best loan program for your situation.
Why Preferred Capital?
Service with Speed
Average 17-day loan process.
Local Support
Service you can count on.
About Us
As a family-owned company we understand the importance of providing a smooth and quick loan process to get your family into a new home quickly.
FHA
I do not have a lot of money for a down payment.
Loan Features:
- Great for First Time Homebuyers
- Low Down Payment
- Easy Credit Qualifying
- Purchases can Include Rehab and Remodels
- Easy Refinancing
USDA
I live in a rural area and need financing for a home.
Loan Features:
- Great for those with Low to Moderate Income
- Up to 100% Financing
- Flexible Underwriting Guidelines and Credit Qualifications
- Household Income & Property Geographic Limitations Apply
Conventional
I am able to make a larger down payment.
Loan Features:
- Great for those with Moderate to High Income
- As Little as 5% Down Payment (only 3% for First-Time Homebuyers)
- 20% Down Payment Removes Mortgage Insurance Premiums
- Flexible Terms
VA
I am an active member of the military or a veteran.
Loan Features:
- Designed to Provide Financing to American Veterans
- Up to 100% Financing
- No Monthly Private Mortgage Insurance (PMI)
Doctors
I am completing my residency and want to buy.
Loan Features:
- Flexible Down Payment Options
- Up to 100% Financing
- No Monthly Private Mortgage Insurance (PMI)
Step 1
Get pre-approved
Step 2
You submit an offer on a home
Step 3
We process & underwrite your loan
Step 4
We issue a clear to close
Step 5
You close on your new home
Required Documents When Purchasing A Home
Here’s a basic list of what you’ll need when applying:
| Purchase Loan | |
|---|---|
| Copies of Federal Tax Returns (all pages/schedules) and W-2’s for Prior 2 Years | |
| Most Recent 30 days of Pay Stubs with YTD Gross Earnings | |
| Most Recent 2 Months of Bank Statements (all pages) | |
| Asset Statement (401K, brokerage accounts, mutual funds, stocks, etc.) | |
| Signed Loan Application | |
| Driver’s License and Social Security Card | |
| Signed Purchase Agreement | |
| 12 Months Cancelled Checks for Verification of Rent and Rental Agreement | |
| Other Documentation may be Required |
Step 1
Apply for your refinance
Step 2
Submit all required documents
Step 3
We process & underwrite your loan
Step 4
We issue a clear to close
Step 5
You close on your new loan
Required Documents When Refinancing A Loan
Here’s a basic list of what you’ll need when applying:
| Refinance Loan | |
|---|---|
| Copies of Federal Tax Returns (all pages/schedules) and W-2’s for Prior 2 Years | |
| Most Recent 30 days of Pay Stubs with YTD Gross Earnings | |
| Most Recent 2 Months of Bank Statements (all pages) | |
| Asset Statement (401K, brokerage accounts, mutual funds, stocks, etc.) | |
| Signed Loan Application | |
| Driver’s License and Social Security Card | |
| Mortgage Statement or Coupons | |
| Other Documentation may be Required |