Last Updated: 04/18/2025
Cast Your Vote
Compare All Mortgage Refinance
Filter & compare all your options in one place.
Highlights
Credit Score Range
Starting at 620
Amount Range
$100,000 - $3,000,000
Loan Term (Years)
10 - 30
CapCenter Mortgage Refinance Review
CapCenter Mortgage Refinance is offered by CapCenter (NMLS #67717), a direct lender founded in 1997 and based in Glen Allen, VA. CapCenter Refinance are available in 5 states and Washington, DC.
Key Takeaways
- No origination fees. CapCenter Mortgage Refinance does not charge fees for processing your application.
- Wide selection of mortgage programs offered. CapCenter Mortgage Refinance refinances FHA, VA, jumbo, conforming, and conventional mortgages.
- Financing for single-family and multi-family properties. However, CapCenter does not offer financing for manufactured homes.
- Refinancing for large mortgages. You can refinance mortgages with balances of up to $3,000,000 with CapCenter Mortgage Refinance.
- Standard interest rates types. CapCenter Mortgage Refinance offers adjustable-rate mortgages and fixed-rate mortgages.
- Considers personal use and investment properties. Refinancing available for primary residences, secondary homes (e.g. vacation properties), and even investment homes such as rentals.
- Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for CapCenter Mortgage Refinance.
CapCenter Mortgage Refinance Pros & Cons
| Pros | Cons |
|
|
CapCenter Mortgage Refinance FAQ
What range of mortgage balances will CapCenter Refinance refinance?
Mortgage refinancing loans start at $100,000 and go up to $3,000,000
What is the maximum loan term for a mortgage refinance via CapCenter Refinance?
The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. CapCenter Mortgage Refinance offers mortgage refinancing with terms ranging from 10 to 30 years.
How long does CapCenter Refinance take to refinance?
CapCenter Refinance does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.Does CapCenter Refinance charge a mortgage origination fee?
No, CapCenter Mortgage Refinance does not charge a mortgage origination fee.
Some lenders charge an origination fee for processing, underwriting, and funding a mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Does CapCenter Refinance charge prepayment fees?
No, CapCenter Mortgage Refinance does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs does CapCenter Refinance offer?
CapCenter Mortgage Refinance offers the following mortgage types:
- 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 property usage types does CapCenter Refinance allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. CapCenter Mortgage Refinance allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
8:30AM - 7:00PM
Tuesday
8:30AM - 7:00PM
Wednesday
8:30AM - 7:00PM
Thursday
8:30AM - 7:00PM
Friday
8:30AM - 7:00PM
Saturday
10:00AM - 4:00PM