Capital Financial Group Frequently Asked Questions

How much will the loan cost?
We only charge standard fees such as title, appraisal, recording and closing fees. However, we do NOT charge up front application fees. In addition, we even have reduced closing cost for loans that were available.

How does my credit history affect the loan process?
Excluding other loan criteria, the better your credit history, the larger the percentage of your home's value that you will be able to borrow against as well as a better interest rate.

How much money can I borrow?
The loan size available to you depends upon the appraised value of your home and the percentage of your home's value that Capital Financial Group will allow.

What if I've only owned my home for a short while?
You must own your residence at least one year in order to use a new appraised value. If you have owned your home for less than one year, Capital Financial Group uses the purchase price of your home as the value.

Can I apply for a Line of Credit?
Most customers can apply for a Line of Credit, depending on how much equity is in your home and what other homes have appraised at in your neighborhood. Again, loan size available to you depends upon the appraised value of your home and the percentage of your home's value.