The Mortgage Basics section is your go-to resource for understanding the fundamentals of home loans. From explaining mortgage types and terms to demystifying the application process, these articles provide clear, practical insights to help first-time buyers and homeowners make informed decisions.
When buying a home in Kansas City, understanding the impact of your credit score on mortgage rates is crucial. Your credit score plays a significant role in determining the interest rate you receive on a mortgage, which can affect your…
The Closing Disclosure describes the terms of your mortgage loan, including the purchase price, interest rate, estimated property taxes, insurance, closing costs, and other related expenses. You must review all five pages thoroughly as it’s one of the most important…
Navigating the Kansas City real estate market as a homebuyer? Understanding closing costs in Kansas City is essential for budgeting your home purchase in 2025. Whether you’re eyeing a cozy bungalow in Waldo or a modern home in Overland Park,…
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…
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…
Mortgage reserves are an essential part of getting a mortgage. But what are they, and why do you need them? In this blog post, we’ll answer those questions and more. Plus, we’ll help you figure out how much money you…
When you’re shopping for a mortgage, you’ll encounter two important terms: the interest rate and the Annual Percentage Rate (APR). Understanding the difference between APR vs. Interest Rate can help you make better financial decisions whether you’re buying a home…
For many Americans, student loan debt is a significant financial reality. With over 45 million borrowers owing a collective $1.7 trillion in student loans, it’s no surprise that aspiring homeowners often wonder: Can I still get a mortgage if I…
Welcome to the Kansas City mortgage FAQs page for Metropolitan Mortgage Corporation, your trusted lender in Kansas City and Overland Park. Below, we answer common questions about our mortgage services, loan programs, and the homebuying process. Can’t find what you…
