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Last Updated: 04/18/2025

Clear Mortgage Capital

in Mortgage Brokers from Clear Mortgage Capital Inc

Last Updated: 04/18/2025

Clear Mortgage Capital Inc logo
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Interest Rate Types Offered

  • Fixed-Rate Mortgage
  • Adjustable-Rate Mortgage (ARM)

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Clear Mortgage Capital Review

Clear Mortgage Capital services are offered by Clear Mortgage Capital Inc (NMLS #1935005), a licensed broker founded in 2019 and based in Irvine, CA. Clear Mortgage Capital services available in 12 states.

Clear Mortgage Capital FAQ

How does Clear Mortgage Capital get paid?

Mortgage brokers get paid either by lenders or by borrowers. However, they cannot receive compensation from both parties.

What fees does Clear Mortgage Capital charge?

Although cost should not be the only factor when choosing mortgage brokers, it is smart to compare the rates, fees, and services mortgage brokers offer before making a decision.

Does Clear Mortgage Capital charge broker administration fees?

No, Clear Mortgage Capital does not charge a broker administration fee.

Does Clear Mortgage Capital charge broker loan origination fees?

No, Clear Mortgage Capital does not charge a broker loan origination fees.

Does Clear Mortgage Capital charge broker upfront fees?

No, Clear Mortgage Capital does not charge broker upfront fees.

Does Clear Mortgage Capital charge a yield-spread premium?

No, Clear Mortgage Capital does not receive a yield spread premium from borrowers. Brokers that are paid a yield-spread premium from lenders have an incentive to steer borrowers to lenders thatt offer higher yield-spread premiums even if they qualify for a lower interest with another lender. This is not always bad for borrowers as it can lower the upfront costs of a mortgage. For instance, borrowers who only plan to hold a mortgage for a few years may find this option cheaper.

What mortgage programs does Clear Mortgage Capital offer?

Clear Mortgage Capital offers the following mortgage programs:
  • Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
  • FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
  • Jumbo: Any mortgage with a loan amount above the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2018, the jumbo threshold is $453,100 in most of the United States.
  • VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.

What types of mortgage does Clear Mortgage Capital broker?

Clear Mortgage Capital works with the following types of mortgages:

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Contact

Headquarters

100 Pacifica, Suite 100
Irvine, CA 92618
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Hours of Operation

Sunday
Closed
Monday
8:00AM - 6:00PM
Tuesday
8:00AM - 6:00PM
Wednesday
8:00AM - 6:00PM
Thursday
8:00AM - 6:00PM
Friday
8:00AM - 6:00PM
Saturday
Closed

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