Capital State Mortgage is the Preferred Lender for over 4000 Bank Owned Properties. Capital State Mortgage has strict guidelines when it comes to Bank Owned Properties, meaning that we must meet the timelines that are accepted on the purchase contract. We work with the Selling Realtor to provide what can be accomplished. Did you know that 30% of the loans for Bank Owned Properties fall out because of one reason or another, but Prospect Mortgage has a fall out rate of only 8%. Capital State Mortgage is highly qualified and knowledgable on the financing for Bank Owned Properties.