Purchasing a home non-contingent and then recasting the new loan with proceeds from a previous home sale is a strategic approach for many homebuyers. This method allows you to buy a new property without the sale of your current home…
When it comes to financing a home, borrowers often have to decide between jumbo and conventional loans. Both options have their merits, but understanding the key differences can help borrowers make an informed decision that aligns with their financial goals…
Are you looking for an affordable way to buy a house in Kansas City? Kansas City USDA loans might be the solution you need. In this blog post, we will discuss the basics of USDA mortgages and how Metropolitan Mortgage…
Navigating the mortgage process can be overwhelming, but understanding the basics can make it far more manageable. In this comprehensive guide, we address the most frequently asked mortgage questions to equip you with the knowledge you need for your home…
Understanding mortgage rates is crucial for both homebuyers and homeowners looking to refinance. By analyzing historical trends in mortgage rates, we can gain insights into what drives these fluctuations and what the future might hold. For residents and potential homebuyers…
Tips and Strategies for Building Your Savings If you’re looking to purchase a home, one of the biggest hurdles you may face is saving up for a down payment. A down payment is the amount of money you pay upfront…
If you’re looking for Rick Woodruff – Senior loan officer in Kansas City with Metropolitan Mortgage, look no further. Rick is a seasoned professional with over 30 years of experience in the mortgage industry. He has always been passionate about…
There are many things to think about, and making a first-time home buyer mistakes can cost you time and money. For many people, buying their first home is a significant milestone. It’s an exciting time, but it can also be…
Are you planning to buy a home in Kansas City? As a first-time homebuyer or even a seasoned veteran of the home buying process, you may be wondering why realtors always ask for pre-approval letters. The letter is a vital…
If you have recently received extra money, you might consider paying your mortgage principal. If so, this article covers the pros and cons of what you should know about recasting a mortgage. Occasionally, homeowners will receive a rather sizable amount…
