For Kansas City residents that value a low, fixed rate and the same mortgage payment every month, a conventional home loan is a popular option. Tailor-made for borrowers with steady income and a stable job, qualifying individuals enjoy financial stability and larger savings over the term of their loan. Because of the many financial benefits, a large percentage of Kansas City homeowners choose to purchase their dream home using a conventional home loan.
Advantages of Conventional Home Loans
- Fixed, Low Rates With Kansas City interest rates near all-time lows, homeowners that secure their low, fixed interest rate now can save money on their 10, 15, or even 30-year mortgage.
- Quicker Loan Process Since this loan is not backed by the government, there are fewer regulatory and paperwork requirements, creating a straightforward and speedy approval process that could be an important factor in securing your new home in the competitive Kansas City real estate market.
- Popular Way to Refinance For Kansas City homeowners with government-backed loans, refinancing using a conventional home loan locks you into today’s all-time low interest rates and can save you money on each monthly mortgage payment.
Conventional Home Loans with Golden Oak Lending Kansas City
Whether you are a first-time or veteran home buyer, Golden Oak Lending Kansas City will find you the loan to suit your specific needs and guide you through your unique home loan process. We constantly monitor mortgage rates, so our Kansas City customers can feel confident that they are getting a great low rate. With 16 years of industry experience and first-rate customer service, our personal mortgage specialists help our homeowners save money on their monthly mortgage payments. Call Golden Oak Lending Kansas City today and talk to one of our experienced professionals about a conventional home loan for your home.