Conventional Loans in Kansas City
A flexible, widely used mortgage for buyers and refinancers with solid credit and steady income.
Who it’s for
- Buyers with good credit who want flexible down payment and term options
- Homeowners who want to refinance to a new rate or term, or take cash out
- Buyers of a second home or investment property
- Anyone who wants mortgage insurance that can come off later
What lenders typically look at
Credit
Most lenders look for a score of 620 or higher. A higher score generally means better pricing.
Down payment
Some programs allow as little as 3% down. Putting 20% down avoids private mortgage insurance.
Income and debts
Lenders compare your monthly debts to your income. Strong savings and credit can offset a higher ratio.
Documents
Expect to provide pay stubs, W-2s, tax returns, bank statements, and ID.
Loan size
Conventional loans follow annual conforming loan limits. Larger loans are possible as jumbo loans.
Typical ranges are shown for general information only. Requirements, rates, and availability vary by lender, program, property, and borrower, and are subject to change. This is not a commitment to lend.
How it works with me
Talk it through
Call or text me, meet in person, or connect online. I learn your goals and look at your whole situation.
Get your numbers
I shop your loan across my network of 250+ lenders, compare your options, and explain the costs in plain language.
Close with confidence
I keep you updated, answer your questions, and stay with you through closing day.
Common questions
How much do I need to put down?
It depends on the program. Some conventional loans allow as little as 3% down, and 20% down avoids private mortgage insurance. I’ll show you the options side by side so you can pick the right balance.
Can mortgage insurance be removed?
With a conventional loan, private mortgage insurance can usually be removed once you’ve built enough equity. The rules depend on your loan, so ask me and I’ll explain how it works for you.
Is conventional better than FHA?
Neither is better for everyone. Conventional often costs less for borrowers with strong credit, while FHA can be easier to qualify for with a smaller down payment or a lower score. I’ll run both so you can compare.
Told no somewhere else? Call me.
I can’t promise a yes, but I’ll look at every option. Call or text, or meet in person.