Wherever you may be in your home buying journey, whether it be buying your first home, building your dream home, purchasing an investment property or refinancing your present mortgage, Capitol Federal® is prepared to help you every step of the way. Our trusted loan professionals have the experience and eagerness to work with you to find a personalized loan solution that fits your unique needs. Here at CapFed® we have a variety of loan options to discover:
- Fixed-Rate Loan
- Adjustable-Rate Loan
- Purchase-Improvement Loan
- Construction Loan
- VA Loan
- Home-At-Last Loan
- Parent-Child Loan
To learn what you will need to complete your application, visit our Online Mortgage Application page.
Fixed-Rate for Predictable Payments
No Surprises. Competitive Rates and Terms.
A fixed-rate conventional home loan guarantees your interest rate remains constant throughout the life of the loan. This ensures the principal and interest portion of your monthly payment won’t change. Spreading payments over a longer term can also lower your monthly payments, making it ideal for those planning to stay in their home for several years.
- Available in 30, 20, 15, and 10-year terms
- Locks in an interest rate, protecting against future market rate increases
- Convenient Automatic Payment Option
Capfed® offers competitive interest rates on jumbo loans with amounts starting well above the industry standard.
An Adjustable-Rate Loan for a Lower Initial Rate
Lower Initial Interest Rate
An adjustable-rate mortgage (ARM) is a home loan in which the interest rate is based on an index that reflects current market conditions plus a margin that is added to the index. This index value varies and is available upon request or at application time.
- Capped annual and lifetime rate adjustments after the initial term
- Ideal for those planning to stay in their home for only a few years
ARM Loan Plans:
- A 7/1 ARM has a fixed rate for the first 7 years. After that, the rate adjusts annually based on the index plus the margin, within set caps.
Parent-Child Loan Program
Family Means Everything. Competitive Rates and Terms.
A Capitol Federal® Parent-Child loan is for individuals who have a parent, or a child, that may not be able to qualify for a mortgage loan on their own. This loan offers down payments as low as 25% and offers competitive rates compared to investment property loans. With the help of a parent or child, the dream of becoming a homeowner is achievable. Family helping family, it’s what we do at CapFed®.
Parent-Child Loan Program Highlights:
- Competitive rates and terms as compared to investment property loans.
- As low as 25% down payment.
- Up to 30-year loan terms.
Get Pre-Qualified or Get Pre-Approved
Thinking of buying a home? Start with CapFed’s free Pre-Qualification program to see what you can afford based on your income, monthly obligations, and assets.
Ready to buy? CapFed’s Pre-Approval program shows realtors and sellers you’re serious and ready to commit.
Residential Mortgage Loan Payment Assistance
Capitol Federal® offers Residential Mortgage Loan Payment Assistance to help homeowners facing financial challenges. Learn about options available to those struggling with mortgage payments, including forbearance, repayment plans, and loan modifications. CapFed® is committed to working with you to find a solution that best fits your situation, ensuring you stay on track with your home loan. If you're experiencing difficulties, explore the available resources and contact CapFed® for personalized support.
Fraud Is More Common Than You Think - Here’s What That Means for You
Capitol Federal® Celebrates Title Sponsorship of Spirit of Kansas
Henry A. Bubb Distinguished Service Award
Mortgage Loan FAQs
-
Capitol Federal® offers Fixed‑Rate and Adjustable‑Rate (ARM) mortgages, plus specialized options including Construction‑to‑Permanent, Purchase‑Improvement, Jumbo Loans, VA Loans, Home‑At‑Last (low- to moderate-income homebuyers), Second Home and the Parent‑Child Loan program.
-
A fixed‑rate mortgage keeps the same interest rate for the life of the loan (e.g., 30‑, 20‑, 15‑, or 10‑year terms), so your principal and interest payment doesn’t change. This is often preferred if you plan to stay in your home for several years.
-
A CapFed® ARM starts with a lower initial interest rate and later adjusts based on a published index plus a margin, with caps on annual and lifetime adjustments (e.g., a 7/1 ARM has a fixed rate for 7 years, then adjusts annually). An ARM can be a good fit for buyers who expect to move or refinance within a few years, for buyers who expect income to increase in the next few years, or for borrowers who are comfortable with some risk in market fluctuations.
-
Yes. CapFed® offers competitive interest rates on jumbo loans for higher loan amounts, with fixed‑ and adjustable‑rate options. As a primarily portfolio lender, our jumbo rate pricing often starts at a higher threshold than other lenders.
-
Capitol Federal®'s Construction to Permanent Loan offers one closing, one set of closing costs, and one loan that automatically converts to your permanent mortgage; fixed‑rate loans lock the rate for the life of the loan, and the loan remains with Capitol Federal® with local servicing. Program highlights include a 12‑month interest‑only period and a free one‑time re‑amortization upon sale of your existing residence (restrictions apply).
-
Parent/Child loans are loans made to an individual(s) who has a parent or child who is unable to work or does not have sufficient income to qualify for a mortgage on his/her own. The parent or child, not the mortgagee, will occupy the property. The mortgagee will be qualified using personal income. It features as low as 25% down, competitive rates vs. investment property loans, and terms up to 30 years—a way for family to help family become homeowners.
-
Eligible Active‑Duty, Veterans, Reservists, and National Guard members can apply for a 30‑year fixed‑rate VA mortgage with benefits like no down payment and no private mortgage insurance (subject to VA guidelines and restrictions).
-
Capitol Federal offers a number of loan products that can be used by first time homebuyers, including low down payment options. Your Loan Professional can help you review options and choose the loan product that best suits your needs.
-
Pre‑Qualification is a quick, estimate of what you may afford using self‑reported information and a soft qualification credit report (no impact to your score). Pre‑Approval is a fully underwritten review with a full credit report and provides a stronger commitment you can use when you make an offer.
-
Start on CapFed’s Online Mortgage Application page to choose the right path—Get Pre‑Qualified, Get Pre‑Approved, Purchase, or Refinance—and complete a secure application with rate‑lock options and guidance from a local Loan Professional.
-
Commonly requested items include recent bank statements, W‑2s, pay stubs, insurance agent info, and (if applicable) self‑employment tax returns and Profit and Loss statement or rental property documentation. Your Loan Professional will confirm exactly what you need based upon your situation.
-
Pre‑Qualification uses a soft qualification credit report (no impact), while Pre‑Approval uses a full credit report that could impact your score.
-
Yes. CapFed® offers rate‑lock options during the online application process; your Loan Professional can explain lock periods and timelines.
-
Visit Mortgage Rates to view current rates in CapFed’s market areas—searchable by state and county—or connect with a local Loan Professional for help. You can also sign up for mortgage rate updates by email.
-
In general, discount points are an up-front fee paid at closing to lower your interest rate. The fee is generally a percentage of your loan amount. Whether to use them depends on how long you expect to keep the loan. (General guidance per CFPB.)
-
Capitol Federal® displays rates by state and county in its market areas. If your location isn’t listed, a Loan Professional can help you review options.
-
For a refinance, expect to provide similar documentation (e.g., bank statements, W‑2s, pay stubs, existing mortgage statements, and, if applicable, self‑employed tax returns, K‑1s, and Profit and Loss statement) so CapFed® can underwrite your new terms.
-
Beyond pursuing a lower rate, common goals include lowering monthly payments, shortening the term, eliminating PMI, consolidating debt, accessing cash for improvements/education, or switching from an ARM to a fixed rate—with an easy online process and competitive rates.
-
CapFed’s Refinance + Improvement option lets you refinance and fund renovations in a single loan, potentially basing the loan amount on your after‑improvement value, which can be helpful if you have limited equity.
-
Private Mortgage Insurance (PMI) protects the lender when down payment/equity is below certain thresholds. As your equity grows, refinancing may help remove or reduce PMI and lower your overall housing costs (subject to eligibility and guidelines). A Loan Professional can help you review options to find the best solution for your circumstances.
-
With True Blue Online®, you can schedule one‑time or automatic recurring payments and even make principal‑only or escrow payments. You can also pay from another bank via external transfers; payments initiated before 12:00 a.m. CT typically deliver in 3 business days (4 if after 12:00 a.m. or on non‑business days).
-
Yes, authorize a pre‑authorized transfer from your checking or savings account and pick the transfer date (1st, 5th, 10th, 15th, 20th, or 25th); additional principal payments are allowed. (Processing details and timing rules apply.)