Business Details
33 Years
experience
Trusted Mortgage Brokers in Salem Oregon
Since 1993, Capitol Mortgage Company has been a trusted mortgage broker serving Oregon residents. Our locally owned business specializes in shopping the best rates and terms across a diverse range of loan programs, including conventional, FHA, VA, USDA, jumbo, and private money loans. With a consultative approach, we prioritize personalized solutions tailored to our clients' unique financial situations. Our team combines decades of combined experience and a commitment to transparency, ensuring clients receive competitive pricing and reliable service. We serve all of Oregon, with loan consultants based in Salem and Portland.Our expanded guidelines accommodate first-time homebuyers, seasoned investors, and those in credit rebuilding phases. By maintaining relationships with esteemed industry partners, we offer flexible options for primary residences, investment properties, and specialized needs like reverse mortgages. Our pledge extends beyond transactions to building lifelong client relationships through consistent support and confidentiality. With 24/7 hotline access and physical office hours Monday through Saturday, we ensure accessibility throughout the mortgage process.
Services
Conventional Loans
FHA Loans
VA Loans
USDA Loans
Private Money Loans
Refinancing
Investment Property Loans
Reverse Mortgages
Jumbo Loans
Manufactured Home Financing
Details
- Year established: 1993
Highlights and features
- We offer 30+ years of mortgage expertise since 1993
- We provide 24/7 hotline support for urgent inquiries
- Our team has decades of combined lending experience
- We maintain physical office locations in Salem & Portland
- We operate with strict client confidentiality policies
Services
Conventional Loans
Conventional loans provide financing options for primary residences, second homes, and rental properties. These mortgages require minimum 3% down payment with flexible terms from 10 to 30 years. Borrowers benefit from competitive rates and potential appraisal waivers for qualifying properties. FICO scores starting at 620 qualify for this program.
FHA Loans
Federal Housing Administration insured loans require 3.5% down payment with minimum 580 credit score. This program allows co-signers and nontraditional credit histories, making homeownership accessible for first-time buyers. Mortgage insurance is mandatory but rates remain competitive.
VA Loans
Department of Veterans Affairs guaranteed loans offer 100% financing with no PMI requirements. Available to active military, veterans, and eligible spouses, these mortgages provide flexible credit standards and seller concessions up to 4% of purchase price.
Private Money Loans
Alternative financing solutions for borrowers with credit challenges or unique property types. These short-term loans (3-10 years) typically carry 8-12% interest rates with larger down payment requirements. Appraisals are required for owner-occupied properties.
USDA Loans
USDA rural development loans enable 100% financing for properties in designated rural areas. Available to moderate-income borrowers, this program requires no down payment and offers competitive terms for primary residence purchases in qualifying locations.
People
Ken LeVeille
Owner, Mortgage Broker
Founder of Capitol Mortgage Company with 30+ years' experience in real estate investment and mortgage brokerage. Combines construction background with personalized client approach. Holds NMLS #318243 and serves as senior loan originator.
Jenny Kuball
Loan Originator
Certified loan originator with strategic approach to matching clients with suitable loan programs. Brings local market knowledge and consultative service to Oregon City residents. Holds NMLS #1618071 and focuses on client education.
Questions
How can I buy a home with low credit score?
FHA loans require minimum 580 credit score with 3.5% down payment and flexible guidelines.
Can I finance investment property purchases?
We offer conventional financing up to 80% LTV and private money loan options for investment properties.
What home improvement financing options exist?
FHA 203k loans provide up to $35,000 for cosmetic repairs alongside primary residence financing.
Do you offer reverse mortgage solutions?
Yes, reverse mortgages allow homeowners over 62 to access equity without monthly payments.
Can I refinance to access home equity?
Conventional cash-out refinance options allow accessing equity for home improvements or debt consolidation.
Is manufactured home financing available?
We provide VA, FHA, and conventional financing options for 1976+ manufactured homes on owned land.