Thank you for visiting our web site. Whether you are searching for a loan to buy your dream home, a lake house, a rental property or to refinance your existing 1st or 2nd mortgages with or without income verification, you are in the right place. Below is a sample of a few of the loan programs we offer home owners and investors in Kansas and Missouri.   

             Loan Programs

Interest Rate Explanations

The  rates showing at the top of this page are conforming rates for Kansas and Missouri homeowners and are based on a loan size of $250,000. These rates are approximates due to the fact that rates change by the hour. Since rates for stated income loans, loans on rental properties, second mortgages, and home equity lines of credit vary based on the loan size, document type (full doc, stated income or no income verification), property type (the number of units), and credit score, it is very difficult to post more accurate rates for each of our loan programs. To get a more accurate interest rate for the loan program that you have in mind, please complete the contact request form with your approximate loan size, document type, property type, and your credit score (if known). A loan officer will be happy to provide you with a more accurate interest rate quote.  You can also call us any time from 8 A.M. to 8 P.M. seven days a week.    

Interest rates and percentage of the loan will be based on the borrower's credit score. Credit score could be as low as 540 for non-conforming loans with income verification and high down payment. For stated income or no income verification loans with lower loan to value, credit score could be as low as 580. Interest rates and the percentage of loan to value change for 560, 580, 600, 620, 640, 660, 680, 700, 720, 740, 760, 780 and 800 credit scores. The minimum credit score for 100% loan is 620.  Please call for further information.

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No Cost Pre-Approval

These days, getting a pre-approval is the norm. Some home owners and real estate agents are hesitant to show you homes if you have not been pre-approved. If you are in the market to purchase an owner-occupied residence, a second home, or a rental property, you need to apply for a pre-approval.                                                                                                                                                                                     

A Few Helpful Tips

Tip #1 Don't buy what you have been qualified for. Buy what you can really afford. After you close the loan, you are the only one responsible for the payments, not the loan officer. 

Tip #2 If you are short of cash for closing, ask the sellers if they are willing to pay all or part of your closing costs.

Tip #3 Don't get Option Arm Loans. Those could be disastrous and could ruin your credit if you are not careful.

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Loan on Investment Property

Are you searching for a loan to purchase or refinance a multi family property from 1 to 4 units (1 unit, duplex, triplex or 4-plex) of rental property with low rates and low closing costs?  Would you like an expert loan officer to answer any question you may have? If so, you are in the right place. We have been providing loan on investment properties for our clients for the past 15 years with down payments as little as 10% .  For rental properties over 4 units, visit AGF Commercial Loan site. The states that we offer our commercial loan are: AL, AK, CO, CT, DE, GA, ID, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, MO, MT, NH,  NC, NE, NM, OH, OK, OR, PA, SC, TN, TX, UT, VT, VA, WA, WV, WY

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Interest Only Loan

It is a 30 year fixed rate loan. For your first 5 or 10 years depending on the loan program, you pay interest only rather than principal and interest. After that period, it will be converted to a regular payment with principal and interest. Since the entire remaining balance is going to be paid off in 25 or 20 years, your payment will be higher than the original payment despite the fact that your interest rate is the same.

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Can Seller Pay Buyer's Closing Costs

Yes, the amount of seller's contribution toward closing costs and prepaid items depends on the loan program and the percentage of the down payment. If the down payment is between 0 and 5%, then some programs limit the seller's contribution to 3%, but if the down payment is 10% or more, the seller 's contribution could be up to 6%. However, it can not exceed the actual closing costs and prepaid items.

Property Tax	2 to 3 months
Hazard Insurance	14 months
Pre-paid Interest	1 to 25 days

when we pre-approve the loan, we will give our borrowers the estimated pre-paid items along with the closing costs within $100 of the actual costs.  For more details, please call 800-930-4243

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AGF Mortgage, Inc. is licensed in KS and MO. Missouri Residential Mortgage License Registrant NO. 06-063 and Kansas Residential Mortgage License Registrant NO. 96-0135