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CAP COM congratulates all of the Capital Region seniors graduating this month!

6 Steps Mortgage Process Videos

With you every step of the way
Getting started with Homeowners Advantage®, CAP COM’s mortgage subsidiary, is easy, and these short videos will give you a great overview of the entire mortgage process!

Preparing your mortgage application
Everything starts when you submit your formal loan application. This video discusses your Loan Estimate and the other documents you may need, all leading to the home appraisal process.

Getting everything in order
At this stage your mortgage processor double checks your application to make sure everything is in order, before passing it to the your underwriter for review. During this time the home appraisal report is also created.

The waiting game
During this process your underwriter will verify and review all of the materials you submitted to determine if you will qualify for the loan. Often, the hardest part of this step is waiting for the final decision.

What happens when you’re approved?
It is an exciting moment when you receive your commitment letter telling you that you have been approved. This video describes the process and some of the steps you will need to take prior to arranging your closing date.

Preparing for your closing.
Start packing, your closing is right around the corner! Who needs to attend? What should you expect? What do you need to bring? When should you schedule your final walk-through? Watch this short video to find out!

Congratulations on your new home!
Now that you are the official owner of your new home, there are a few things you should know and consider. This short, 90-second video will give you the overview you need.

Mortgage products are offered by our Mortgage Team, Homeowners Advantage, which is a subsidiary of CAP COM FCU. Mortgages in New York State only. Home loan interest may be tax deductible. Consult your tax professional about deductibility in your situation. Licensed Mortgage Banker - NYS Dept. of Financial Services. CCFCUF NMLS Identifier: 290363. CAP COM FCU NMLS Identifier: 401261. Principal Address: 4 Winners Circle, Albany NY 12205.