Are you in the market for a new home but need help with your finances? If so, you may wonder about gift letters and how to complete them. A gift letter is a written statement that ensures the lender that…
The journey to homeownership is an exciting one, but before you embark on the house hunting adventure, it's important to prequalify for a home mortgage. Prequalification helps you determine your budget, gives you a competitive edge, and streamlines the homebuying…
A cash-out mortgage refinance can be a great way to get extra cash when needed. You can use these funds for virtually any purpose. But like any other type of refinancing, you should consider a few things before taking the…
Introduction: Selecting the right mortgage term is a critical decision when it comes to purchasing your dream home. In this comprehensive article, we will thoroughly explore the advantages and considerations of both 15-year vs. 30-year mortgage, using a $300,000 mortgage…
Insights, Trends, and Tips for Buyers For years, Kansas City's housing market has been a hot topic. As Missouri's biggest city, it's a cultural, commercial, and entertainment hub. The market has had its ups and downs, but 2023 looks promising…
When buying a home, the success of the transaction depends on two things: The home inspection and your mortgage approval. The seller needs the house to pass inspection, but as the buyer, the purchase hinges on your mortgage application being…
Are you a first-time homebuyer in Kansas City, looking for a way to finance your dream home? Then you should consider an FHA home loan. This loan program, which is insured by the Federal Housing Administration, offers numerous benefits that…
If you're looking to buy a home in Kansas City and are short on cash, then FHA loans might be your best bet. These loans are designed to help people with limited funds to become homeowners. In this blog post,…
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…
A jumbo loan is a mortgage above the conforming loan limit, which Fannie Mae and Freddie Mac set. In Kansas, the conforming limit for a single-family home in 2023 is $726,200. You will need a jumbo loan if you want…
