Call: 913.338.7108

Mortgage Loans Kansas City

Loan Options

1% Down Payment Home Ready

  • Clients pay 1% down payment
  • 700+ Fico
  • Expanded counties available with no income limits
  • Available with no monthly Mortgage Insurance
  • Purchases up to 97% loan to value
  • Reduced  or 0 mortgage insurance
  • Gift Funds allowed for entire down payment

 

Home Possible A great alternative to FHA Financing

  • Purchases up to 97% LTV
  • First time homebuyers, retirees and move-up borrowers
  • Refinances up to 97% loan to value regardless of current mortgage program

 

HARP

  • FNMA loan originated prior to May 31, 2009
  • Up to 175% loan to value/unlimited closed loan to value

 

Adjustable Rate Loans

  • Provide savings with lower rate and payment savings
  • 10/1 ARM fixed for 120 months, adjusts annually for the remaining term
  • 7/1 ARM fixed for 84 months, adjusts annually for the remaining term
  • 5/1 ARM fixed for 60 months, adjust annually for the remaining term
  • 3/1 ARM fixed for 36 months, adjusts annually for the remaining term

Great program if you are not going to live in your home for 30 years, no negative amortization, it has caps (adjustment caps provide protection) so no surprises.

 

Jumbo Loan Products

  • Loan amounts up to $2 million
  • Eligible for primary and second homes
  • ARM and fixed rate options available      

 

VA Loans

  • Single family primary residences
  • Fixed and ARMS loan available

 

VA IRRRL

  • No income or asset overlays
  • Loan to value up to 150% with no appraisal

 

FHA Loans

  • 3.5% down payment
  • lesser credit scores (down to 580)
  • Single family primary residences
  • 3/1 and 5/1 arm available (1% yearly cap)

 

USDA 

  • 30 year fixed rate
  • 100% financing available (no down payment)
  • No cash reserves needed
  • Closing costs may be financed on some transactions
  • Seller contributions allowed

 

Hard Money Loans/ Private Lending

  • Commercial Land, Residential, Business Loans
  • $25,000.00 to $10,000.000.00
  • Purchases and Refinances
  • First Mortgages, Second Mortgages, and Bridge Loans

 

Owner Occupied Non-Prime Loans

  • 580 to 700 Fico Scores
  • Purchases and Refinances
  • DTI to 55%
  • $100,000.00 – $2,000,000.00
  • Bank Statement Programs