Home loan programs encompass a variety of mortgage options tailored to meet the diverse needs of homebuyers. These programs, offered by lenders and backed by government agencies or private institutions, provide financing solutions with different terms, interest rates, and eligibility requirements. Examples of home loan programs include conventional loans, which are not government-insured and typically require higher credit scores and larger down payments; FHA loans, insured by the Federal Housing Administration and designed for borrowers with lower credit scores and smaller down payments; VA loans, guaranteed by the Department of Veterans Affairs and available to eligible veterans, active-duty service members, and certain spouses; and USDA loans, backed by the U.S. Department of Agriculture and offering financing options for eligible rural and suburban homebuyers. Each home loan program serves a specific demographic or addresses particular housing needs, providing opportunities for individuals and families to achieve homeownership with terms and benefits that suit their circumstances.
Self-employed individuals often face unique challenges when applying for mortgage loans. Traditional loan programs rely heavily on standard income documentation, like W-2s and pay stubs, which many self-employed borrowers may not have. However, there’s good news for Kansas City’s self-employed…
Find the 2025 Missouri FHA loan limits by county below. Metropolitan Mortgage Corporation compiled the FHA loan limits data from Housing and Urban Development. Missouri FHA loan limits by county County NameStateOne-FamilyTwo-FamilyThree-FamilyFour-FamilyADAIR COUNTYADAIRMO$524,225$671,200$811,275$1,008,300ANDREW COUNTYMO$524,225$671,200$811,275$1,008,300ATCHISON COUNTYMO$524,225$671,200$811,275$1,008,300AUDRAIN COUNTYMO$524,225$671,200$811,275$1,008,300BARRY COUNTYMO$524,225$671,200$811,275$1,008,300BARTON COUNTYMO$524,225$671,200$811,275$1,008,300BATES COUNTYMO$524,225$671,200$811,275$1,008,300BENTON COUNTYMO$524,225$671,200$811,275$1,008,300BOLLINGER COUNTYMO$524,225$671,200$811,275$1,008,300BOONE…
Find the 2025 Kansas FHA loan limits by county below. Metropolitan Mortgage Corporation compiled the FHA loan limits data from Housing and Urban Development. Kansas FHA loan limits by county County NameStateOne-FamilyTwo-FamilyThree-FamilyFour-FamilyALLEN COUNTYKS$524,225$671,200$811,275$1,008,300ANDERSON COUNTYKS$524,225$671,200$811,275$1,008,300ATCHISON COUNTYKS$524,225$671,200$811,275$1,008,300BARBER COUNTYKS$524,225$671,200$811,275$1,008,300BARTON COUNTYKS$524,225$671,200$811,275$1,008,300BOURBON COUNTYKS$524,225$671,200$811,275$1,008,300BROWN COUNTYKS$524,225$671,200$811,275$1,008,300BUTLER COUNTYKS$524,225$671,200$811,275$1,008,300CHASE COUNTYKS$524,225$671,200$811,275$1,008,300CHAUTAUQUA…
Find the 2025 Missouri conforming loan limits by county below. Metropolitan Mortgage Corporation compiled the conforming loan limits data from Federal Housing Finance Agency Missouri conforming loan limits by county County NameStateOne-UnitLimitTwo-UnitLimitThree-UnitLimitFour-UnitLimitADAIR COUNTYMO$806,500$1,032,650$1,248,150$1,551,250ANDREW COUNTYMO$806,500$1,032,650$1,248,150$1,551,250ATCHISON COUNTYMO$806,500$1,032,650$1,248,150$1,551,250AUDRAIN COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BARRY COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BARTON COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BATES COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BENTON COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BOLLINGER COUNTYMO$806,500$1,032,650$1,248,150$1,551,250BOONE…
Find the 2025 Kansas conforming loan limits by county below. Metropolitan Mortgage Corporation compiled the conforming loan limits data from Federal Housing Finance Agency Kansas conforming loan limits by county County NameStateOne-UnitLimitTwo-UnitLimitThree-UnitLimitFour-UnitLimitALLEN COUNTYKS$806,500$1,032,650$1,248,150$1,551,250ANDERSON COUNTYKS$806,500$1,032,650$1,248,150$1,551,250ATCHISON COUNTYKS$806,500$1,032,650$1,248,150$1,551,250BARBER COUNTYKS$806,500$1,032,650$1,248,150$1,551,250BARTON COUNTYKS$806,500$1,032,650$1,248,150$1,551,250BOURBON COUNTYKS$806,500$1,032,650$1,248,150$1,551,250BROWN COUNTYKS$806,500$1,032,650$1,248,150$1,551,250BUTLER COUNTYKS$806,500$1,032,650$1,248,150$1,551,250CHASE…
When interest rates drop, many Kansas City homeowners look for ways to reduce their mortgage payments. If you currently have an FHA loan, the FHA Streamline Refinance offers a quick and simple option to refinance without the hassle of a…
Are you finally ready to take the plunge and buy a house? If you’re in the market for a house, you’ve likely already heard of FHA loans. But do you know what they are? Here are the FHA loans -…
What is a Balloon Mortgage? A balloon mortgage is a type of loan that offers lower initial monthly payments and a large lump-sum payment at the end of the loan term. This unique structure can be appealing to certain borrowers…
For veterans and active-duty service members, the VA Interest Rate Reduction Refinance Loan (IRRL) offers an effective way to manage homeownership costs. This option, also known as VA Streamline Refinance, allows you to refinance your existing VA home loan. It…
Looking to buy a home with a VA loan in Kansas City or anywhere in the US? Here’s some fantastic news! As of August 10th, 2024, a significant change is taking effect for VA homebuyers. Previously, VA loan rules prevented…
