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Mortgage Refinance
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Last Updated: 04/18/2025

CapWest Mortgage Refinance

in Mortgage Refinance from CapWest Home Loans

Last Updated: 04/18/2025

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Loan Term (Years)

15 - 30

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CapWest Mortgage Refinance Review

CapWest Mortgage Refinance is offered by CapWest Home Loans (NMLS #439822), a direct lender founded in 1907 and based in Overland Park, KS. CapWest Home Loans are available in 50 states and Washington, DC.

Key Takeaways

  • Wide selection of mortgage programs offered. CapWest Mortgage Refinance refinances FHA, HomePath, VA, conforming, and conventional mortgages.
  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Non-standard interest rates available. CapWest Mortgage Refinance only offers hybrid mortgages.
  • Only primary residences considered. CapWest Mortgage Refinance does not refinance vacation or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

CapWest Mortgage Refinance Pros & Cons

CapWest Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via CapWest Home Loans?

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. CapWest Mortgage Refinance offers mortgage refinancing with terms ranging from 15 to 30 years.

How long does CapWest Home Loans take to refinance?

CapWest Home Loans 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 CapWest Home Loans charge a mortgage origination fee?

Yes, CapWest Mortgage Refinance will charge a loan origination fee .

What mortgage programs does CapWest Home Loans offer?

CapWest 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%.
  • HomePath: Financing for the purchase and improvement of properties owned by Fannie Mae.
  • 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 CapWest Home Loans allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. CapWest Mortgage Refinance allows the following property usage types:
  • Primary home

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Contact

Headquarters

6330 Sprint Pkwy
#450,
Overland Park, KS 66211
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Hours of Operation

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