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Mortgage closing costs: What are they and how much do they cost?

When you complete a real estate transaction, whether you're refinancing a mortgage or purchasing a new property, you pay closing costs. It's important to be financially prepared for this expense as these costs might range from 1 to 2 percent…

Your Complete Guide to the Mortgage Loan Process with Metropolitan Mortgage Corporation

Navigating the mortgage loan process can seem daunting, but with Metropolitan Mortgage Corporation by your side, you're in good hands. From the initial thought of buying a home to holding the keys in your hand, our dedicated team is here…

Homeownership: A Guide to Down Payment Requirements Across Different Loan Types

The pursuit of homeownership often initiates with a down payment, a pivotal element that fluctuates based on the chosen home loan. Grasping the down payment requirements for various loan types equips you with the knowledge to plan effectively and make…

The Difference Between Pre-Qualification and Pre-Approval in Mortgage Process

When you're in the market for a new home, understanding the nuances of mortgage financing is crucial. Two terms you're likely to come across are "pre-qualification" and "pre-approval." While they may sound similar, they serve different purposes in the homebuying…

Exploring the FNMA HomeStyle Renovation Loan

Home Renovation Loan in Overland Park, Kansas City, Kansas, and Missouri with Metropolitan Mortgage Corporation. Introduction to Renovation Loans: Embarking on the journey to homeownership often involves finding the perfect home that aligns with your vision and budget. What if…

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