Home Refinance Guide

Home Refinance Guide

Brought to you by New Capital Finance
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About New Capital Finance

New Capital Finance is a full service mortgage brokerage licensed in Colorado.

We specialize in quick closings and unparalleled customer service for borrowers with strong income, little debts, solid employment history, sizeable assets and good credit.

Quick close conventional Loan

Close in 30 days w/ costs rolled in

Up to 95% LTV rate & term (Depends on occupancy and # of units)

Up to 80% LTV cash out (Depends on occupancy and # of units)

Full income & asset documents required

$75k minimum loan amount

Strong income & employment history required (e.g. no job gaps and must be working at least 40 hours/wk)

640 FICO required with no credit issues

FHA Loan

Close in 30-45 days w/ costs rolled in

Up to 96.5% LTV rate & term (Depends on occupancy and # of units)

Up to 80% LTV cash out (Depends on occupancy and # of units)

Full income & asset documents required

$75k minimum loan amount

Strong income & employment history required (e.g. no job gaps and must be working at least 40 hours/wk)

640 FICO required with no credit issues

VA Loan

Close in 30-45 days w/ costs rolled in

Up to 100% LTV rate & term (Depends on occupancy and # of units)

Up to 90% LTV cash out (Depends on occupancy and # of units)

Full income & asset documents required along with Certificate of Eligibility from VA

$75k minimum loan amount

Strong income & employment history required (e.g. no job gaps and must be working at least 40 hours/wk)

640 FICO required with no credit issues

USDA Loan

Close in 30-45 days w/ costs rolled in

Up to 100% LTV rate & term (Depends on occupancy and # of units)

Rural properties only (Must meet map eligibility per USDA website)

Full income & asset documents required

$75k minimum loan amount

Strong income & employment history required (e.g. no job gaps and must be working at least 40 hours/wk)

640 FICO required with no credit issues

Bank Statement Loan

Close in 45-60 days w/ costs rolled in

Business owners only with 2-year history

No Tax Returns, W2s, or 1099s required

12 months’ business bank statements required

Up to 90% LTV rate & term

Up to 80% LTV cash out

700 FICO required w/ 3-9 months’ reserves

$150,000 minimum loan amount

Owner occupied OK

DSCR Investor Loan

Close in 40-65 days w/ costs rolled in

Must have some sort of job title to list on the application (But we do not verify employment)

No Tax Returns, W2s, or 1099s required

Non-owner-occupied rental properties only

700 FICO w/ 3-6 months’ reserves

Up to 80% LTV rate & term ($150k minimum)

Up to 70% LTV cash out ($150k minimum)

Monthly rental income must be 25% higher than mortgage payment (including tax/ins/hoa fees)

New Capital Finance Team Huddle

Why Use Us?

Top 5 reasons to use New Capital Finance

We can close clean files in 21 days or less

Our rates and fees are lower than most competitors on the market

You will receive top-notch customer service

You can reach our staff 24/7 around the clock

We make the purchase and refinance process fun

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TFE Finance & Marketing
DBA New Capital Finance
NMLS# 1901157

5770 McIntyre St Suite 5
Golden, CO 80403

DISCLOSURES

This document is strictly intended for informational purposes. This is not a commitment to lend nor is it an exhaustive list of guidelines.

Not all consumers will qualify for the lending products listed in this pamphlet. A full
application must be reviewed and underwritten to determine if a loan can be approved.

This information does not guarantee a loan for any specific consumer and this is not a commitment to lend funds.

Interest rates on some programs (I.E. down payment assistance, alt doc self-employed, no doc rental, etc.) are higher than traditional conforming loans.

TFE Finance & Marketing DBA New Capital Finance is licensed in Colorado (NMLS# 1901157).