If you have been thinking about purchasing a home, securing an affordable interest rate on your mortgage will ensure that you don’t pay too much for your property over time. Rates are at an all time low and doing business with a reliable company, like CapWest Mortgage, can help you obtain a mortgage that meets your needs or allow you to refinance your current mortgage. CapWest Mortgage is a parent company of Farmers Bank Trust which is a family owned bank that has been federally chartered since 1907.
CapWest offers a conservative arrangement of home loan and mortgage products including, FHA, and VA loan products. They also offer 30 year fixed rate mortgages, 15 year fixed rate mortgages, 5/1 ARMs in addition to a number of mortgage refinance products. They can initiate loans throughout the entire United States and according to CapWest Mortgage, they provide some of the lowest rates and closing costs on the market and there are no miscellaneous or hidden costs. Once you finance your home through CapWest, they will continue to service all your home loan needs for free, even on new home mortgages. This is their Customer for Life Program.
CapWest Mortgage Rates
CapWest Mortgage is a Fannie Mae direct lender. This gives the company an advantage because it enables them to keep their rates low which ultimately translates into a savings for the borrower money. CapWest Mortgage has traditionally been known to qualify borrowers for a mortgage product even if their credit is less than perfect. Their is no home appraisal required and you can finance up to 97% of your home’s value. CapWest will also negotiate on behalf of the borrower to scale down some of the unavoidable third party fees, which will make your mortgage most affordable.
CapWest Mortgage Complaint History (source BBB)
The Better Business Bureau suggests that when considering complaint information, you should take into account the company’s size and volume of transactions. Consumers should also understand that the nature of complaints and a firm’s responses to them are often more important than the number of complaints. BBB processed a total of 15 complaints about this company in the last 36 months, a standard reporting period. Of the total of 15 complaints closed in 36 months, 7 were closed in the last year.
These complaints concerned :
- (1) Regarding Billing or Collection Issues
- (3) Regarding Contract Issues
- (2) Regarding Customer Service Issues
- (3) Regarding Refund or Exchange Issues
- (4) Regarding Sales Practice Issues
- (2) Regarding Service Issues
These complaints were closed as:
- (12) Resolved
- (3) Administratively Closed
Based on BBB files, this CapWest Mortgage has a BBB Rating of A+ on a scale from A+ to F.
How To Get A Mortgage Quote
Anyone with good credit who wants to buy a home or refinance their mortgage is a candidate for a mortgage from CapWest. The company can originate loans in any of the 50 states. CapWest Mortgage is also a Costco-approved, national lender. This means if you are a Costco member, you will be eligible to receive a special member discounts. To find out more about this discount you can call 1-877-800-7818 and representatives are available to take your call 24 hours a day, seven days a week.
To get a mortgage rate quote you can go to their website and apply anytime.
Published or updated March 6, 2013.