Capital Line is an independently licensed, Mortgage Broker, originating small, medium, large balanced loan debt
through select banks and institutional investors nationwide. Capital Line provides a diverse online innovative
lending platform backed by a staff of seasoned, experienced professionals, enabling Capital Line to provide a low
cost, one-stop solution for all types of Residential and Commercial financing in St. Louis, Missouri
Capital Line’s high reputation has helped forge alliances with financial leaders of exceptional quality. Capital
Line offers all traditional financing loan products from 30-year fixed rate loans down to 3 year ARM products.
Capital Line also provides special avenues for construction financing and Stated Loans for conventional and for
construction loans are available.
Super Jumbo Loan St. Louis
Land Loan St. Louis
Stated Income Verified Assets St. Louis (SIVA)
Fixed Rate Mortgage St. Louis
HUD 203(k) Loan St. Louis
Super Jumbo Adjustable Rate Mortgage St. Louis (ARM)
Interim Loan St. Louis
Lot Loan St. Louis
Stated Income Stated Assets St. Louis (SISA)
Interest Only Mortgage St. Louis (IO)
Construction Loans St. Louis
Super Jumbo Loan Program
Capital Line provides a diverse innovative residential lending platform capable of providing Super Jumbo Loans
from $1,300,000 to $50 million dollars.
A Land Loan is money lent to purchase raw land. A land loan is one in which one’s security, the collateral, for
the note is the unimproved land being purchased. The loan-to-value ratio will always be lower than the LTV required
on improved land (lot).
Considered prelude to construction financing.
Huge fluctuation of loan to value ratio between purchase money and refinance
Lot Loan Program
A lot loan is one in which a loan is made on a finished piece of property. Lots may normally be found within
cities or municipalities. Finished lots have such amenities such as roads at the lot line, utilities in place and
or plumbed to the site. Such amenities differentiate a lot from raw land.
2- year fixed term
Fixed Interest Rate, may be interest only or amortized
Normally receives loan as one-time-disbursement
Purchase or Refinance to construct owner-occupied primary orr secondary residence
Stated Income Verified Assets (SIVA)
A SIVA or the Stated Income-Verified Assets Loan, in theory, allows one to verbally state one’s income as long
as the stated income is consistent with one’s occupation. We say in theory because most lenders will seek some
evidence, some collaboration, that the borrower in question has enough income to fully pay-back the loan.
Stated Income Stated Assets (SISA)
SISA stands for stated income-stated assets. With this loan neither income, nor assets are verified at time of
As with the stated income, verified assets and the no income, no assets Type loans, the stated income, stated
asset loan appeal to and are used by people with good credit who cannot properly document the fact that they can
afford a mortgage.
HUD Section 203 (k) Loans
The section 203 (k) is HUD’s primary program for the rehabilitation and/or repair of single family property. The
Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD),
administers various single family mortgage insurance programs, such as the 203 (k).
This limited Repair Program permits homebuyers to finance an additional $35,000 into their mortgage to improve
or upgrade the-
residence before the move in date. With this 203 (k) product, home- buyers may quickly and easily tap into, by
enlarging, the new mortgage in order to pay for the property repairs before move-in.
Many Lenders have successfully used the Section 203 (k) program in partnership with other government agencies
and nonprofit organizations to rehabilitate properties. These lenders, along with state and local government
agencies, have found ways to combine Section 203(k) with other financial resources to assist borrowers even
203 (k) programs may be used in the following instances:
1. One-to four unit residence at least one year old.
2. Mixed-use residential properties which include commercial space.
3. Conversion of a one-unit to duplex or 3 or 4 unit living unit.
4. Homes which or will be demolished for rehabilitation.
5. Conversion of an existing multi-unit to a one-unit family dwelling.
Interest Only Mortgage (IO)
An ‘interest only’ loan is one in which the monthly mortgage payment pays just the ‘interest’ due on a loan.
The payment does not include a portion for repayment of principal. Interest only loans, then, do not amortize;
these IO do not ‘kill itself’ by liquidating each month a portion of the principal balance.
Only Loans have a fixed and definite time period. In home loans these fixed periods may be 3, 5, 7, or 10
Super Jumbo Fixed Rate Mortgage (FRM)
A fixed rate mortgage is one in which the interest rate is fixed for the life of the loan. The Fixed Rate
Mortgage offers more security, more serenity and a greater peace of mind for the first-time homebuyer. These are a
few of the reasons the FRM is the most popular loan one may obtain. Nearly three of four home mortgages are fixed
interest rate mortgages.
One makes monthly interest-only payments on the amount borrowed during the construction phase.
Each construction loan comes with its own set of variables, please Contact Us to discuss the specifics of
your loan request
Stated Income Construction Loans
This is a fixed-rate loan to be used for the Construction of your custom home on your lot. Funds are advanced
during construction as the home is completed. Competitive Variable Rates for loans of 12 months or less are
Super Jumbo Adjustable-Rate Mortgage (ARM)
An Adjustable-Rate Mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically
adjusted based on a variety of indices. Among the most common indices are the rates on 1-year constant-maturity
Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate (LIBOR).