Kansas City, MO – Whether purchasing a new home or refinancing one, a good mortgage lender could make or break the whole process. Metropolitan Mortgage Corporation is a top-rated mortgage lender in Kansas City, MO, with some of the lowest mortgage rates in the market. Established in1996, they have several decades of experience in mortgage lending.
The company is a multi-year winner of the Five Star Awards, something that sets them apart from the competition, considering less than 5% of mortgage lenders in Kansas City have won the award. They also have an A+ rating with the Better Business Bureau BBB). Top on their priorities is customer satisfaction, competitive rates, and integrity. They offer free personalized rate quotes and also help track local mortgage rates for clients that have filled the mortgage rate tracker form. The loan officers at Metropolitan are resourceful, have mastered the mortgage industry’s dynamics, and go out of their way to ensure clients understand the whole lending process.
Speaking on the quality of their services, the company’s Rick Woodruff said, “Our staff members are well trained. We ensure they are up to date with the market trends and can handle any inquiry from clients. This way, we not only lend to clients but also add value by ensuring they are well informed.”
Key products at Metropolitan Mortgage Corporation include refinancing and new home mortgage loans. The company offers various loans depending on the client’s unique needs, including conventional loans, VA loans, FHA loans, USDA loans, Jumbo loans, and vacation loans. The FHA home loans target low to moderate-income earners and require a 3.5% down payment. VA loans are available to veterans and military personnel. USDA loans are offered to low and moderate earners in rural areas. VA and USDA loans require no down payment.
Jumbo loans are high credit quality loans with requirements that go above conventional loans. Unlike jumbo loans, conventional loans are the standard home loans accessible to most clients seeking financing. They require only a 3% down payment. Vacation homes or second home loans are tailor-made for those intending to purchase a second home or invest in a different property.
Refinancing entails trading an old mortgage for a new one. It offers a myriad of benefits, including lowering interest rates and reduced payment terms. Cash-out refinancing enables homeowners to enjoy loans against the property so they can address pressing needs such as tuition fees, credit card debt, and other investments. Refinancing reduces mortgage interests significantly when a fixed long-term mortgage is reduced to a shorter term. Refinancing is also one of the easiest ways to remove a borrower from a current mortgage. In divorces or joint ownership arrangements, refinancing makes the process easier.
Metropolitan Mortgage Corporation can be reached by phone at (855) 313-2480 and is located at 7280 NW 87th Terrace Suite 200, Kansas City, MO 64153. Visit their website and social media pages to learn more about Metropolitan Mortgage Corporation.
Metropolitan Mortgage Corporation
7280 NW 87th Terrace Suite 200
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