Kansas City Real Estate Network

Question: My Chapter 13 has been discharged for six months and I have a 704 credit score (avg.) with a debt to income ratio of 28%. As such, can I qualify for a Mortgage to buy a home in Kansas City? If so, where should I look for a mortgage? Thanks. Charlene, Kansas City Answer: Unfortunately, Charlene, I'm going to be the bearer of ...

USDA Rural Development Loan Limits for 2012 have increased. This means that home buyers looking in USDA elegible areas and using a USDA RD loan can purchase a slightly more expensive home. Eligible cities in Kansas City on the Kansas side of the state line are: Spring Hill, Gardner, Edgerton, Baldwin City, Wellsville, Paola, ...

Fannie Mae Issued New Forbearance Guidelines for Unemployed Borrowers who are Behind on Their Mortgage Payments  Fannie Mae issued new guidelines to its servicers this week that allow lenders offer a temporary forbearance program of suspending or reducing the monthly payments for borrowers who are unemployed. Servicers can approve ...

Choosing the wrong mortgage company can hurt you when buying a home in Kansas City  Loan officers and mortgage companies are all the same. The have the same products and all of their real work is done on a computer. So why not choose a loan officer or mortgage bank by what their interest rate it is, right? I wish more Kansas City home ...

6 Fannie Mae and Freddie Mac Top Executives Charged with Securities Fraud The U.S. Securities and Exchange Commission on Friday charged 6 six Fannie Mae and Freddie Mac former top executives, including their former chief executives, with securities fraud. The U.S Securities and Exchange Commission allege that the 6 former executives misled ...

How do you finance a distressed home in Kansas City that needs lots of repairs? If you are looking to buy a home in Kansas City that needs repairs, then you may have already found that finding the distressed home is the easy part. There are plenty of opportunities in the Kansas City real estate market. There is a record number of distressed ...

Are you somebody who has decent credit but very little cash, and you want to buy a home in Kansas City? In the old days of the housing boom, there were many ways to solve this problem. But today, no money down programs are few and far between, so cash-strapped home buyers need to explore all of their options. The USDA Rural Development Guarantee ...

If you haven't heard, the attorney general of Massachusetts, is taking to court 5 mortgage companies for possible foreclosure fraud. In an effort to stop the harassing phone calls and properly foreclose on homeowners, Bank of America has organized a good-intentioned event: Bank of America plans to meet in mortgage holders in Boston, face ...

If you haven't heard, the attorney general of Massachusetts, is taking to court 5 mortgage companies for possible foreclosure fraud. In an effort to stop the harassing phone calls and properly foreclose on homeowners, Bank of America has organized a good-intentioned event: Bank of America plans to meet in mortgage holders in Boston, face ...

For the second consecutive week, the FDIC and state regulators did not close any U.S. banks. 2011's total still stands at 90 banks closed. Here is a week-by-week comparison of bank closures over the past four years: RE/MAX sells more homes than any other real estate company. For a reason...should we talk? Blog post written by the Dowell ...

Senate Democrats and House Republicans proposed a plan to pay for the proposed payroll tax-cut extension. Their plan will increase  the ''guarantee'' fees that Fannie Mae and Freddie Mac will charge mortgage lenders. The government-sponsored enterprises, Fannie Mae and Freddie Mac, use the guarantee fees to cover defaulted mortgage loans ...

Rumors of bad news sparked real-life bad news for Swedbank and SEB, a Nordic global investing firm, this past weekend. A “groundless twitter rumor”,according to the banks, that Swedish banks were preparing to withdraw business from the Baltic republic sparked a run on Swedish banks. As many as 10,000 customers withdrew $29 million dollars from ATM ...

You Would Be Surprised Who Owns One of the Largest Mortgage Companies Who is Committing FraudDid you know that the attorney general is going after one of the largest mortgage companies for using fraudulent documents in foreclosure proceedings. The large mortgage company actually foreclosed in homeowners without holding the actual mortgage and also ...

There are Zero to Low Down Mortgage Options Available in Kansas City - Need Help with Financing? Over the past 60 days I have heard manyKansas City first time home buyers talk about the unavailability oflow down mortgage programs. True, there are fewer low down loanprograms, there are a few that first time home buyers ...

Obtaining a Mortgage After the Foreclosure of your Kansas City Home - Some Interesting Facts If your Kansas City home has been foreclosed by your lender, it must be a terrible experience for you. What is even more shocking is that on certain occasions, foreclosures become inevitable. For instance, unexpected unemployment or a health problem ...

Kelly Whitwood Senior Loan Officer Pulaski Bank Home Lending 6600 College Blvd  Suite 200 Overland Park, KS  66211 Direct Line (913)234-8610 Direct Fax: (913)234-8611 kellyw@pulaskibankkc.comOnline Application:WWW.KELLYWHITWOOD.COM The greatest compliment I can receive            is a referral from you! RE/MAX sells more homes ...

The Johnson County, KS.  Housing Services First Time Homebuyer Program is designed to assist low-to-moderate income Johnson County residents or people who have been employed for at least two years in Johnson County with the purchase of a home. The Program is made possible through a HOME grant which is awarded to Johnson County Housing ...

Ask a Question: I heard that there is special financing in Gardner, Kansas. What is it? Real Estate Wizard: Yes, there is a great mortgage loan that is available in Gardner as well as neighboring communities. I have worked with hundreds of home buyers obtain this loan. The mortgage loan is the USDA Rural Development guaranteed mortgage ...

Ask a Question:  Is there any 0 down mortgage purchase loans available in Kansas City? Real Estate Wizard: Yes, Although the number of zero down mortgage loans have decreased in recent months, there are a few low interest rate mortgage loans offered to Kansas City home buyers. Here is a list of mortgage loans: 1) A VA mortgage loan offered ...

 Email Inquiry: I'm looking to buy a home in Gardner, Kansas. The problem is I have a recent bankruptcy. Can I get a mortgage loan? Real Estate Wizard: Yes, a home buyer can obtain a USDA Rural Development mortgage loan 1 day out of bankruptcy provided that the minimum FICO scores are at a 620 minimum and you have compensating factors ...