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.
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.
Loans on Rental
Properties for
Purchase or Refinance
The following is
a list of some of our rental property
loan programs. If you don't see the loan program
that you have in mind, please contact a loan
officer either by phone or by completing the
request
form. A loan officer
will call you at your convenience.
Loan on 1 to 2 units rental hone up to 90%
Loan on 3 to 4 units rental hone up to 75%
Loan on 1 to 2 units rental hone up to 80%
Loan on 3 to 4 units rental hone up to 75%
Loan on 1 to 2 units rental hone up to 75%
Loan on 1 to 2 units rental hone up to 90%
Stated income stated asset loan
Stated income verified asset loan
Stated income stated asset loan
Loan on 5 units or more up to 90% This
will be a
commercial loan. visit
our commercial site.
Call
for details
Reasons to
refinance the current mortgage
Refinance
with cash out
Refinance with no
Cash-Out
You may refinance your
existing loan with cash out option and use the proceeds
for:
This type
of financing is ideal for those borrowers who do not
need cash-out, but prefer one or combination of the
following options.
Debt consolidation of high interest rate and
To lower interest rate and eliminate mortgage
insurance
monthly payment credit cards
To convert from owner-financed to regular mortgage
Remodeling or repairing
To convert from contract for deed to regular mortgage
Paying off student or car loans
To convert from rent-to-own to regular mortgage
Down payment of a vacation home
To convert from rent-to-own to regular mortgage
Down payment of another rental home
To remove borrower's or co-borrower's name in divorce
cases
Any other plan that you may have
To combine existing first and second mortgages
To buy out one's partner if the property is a rental
home
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 500 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.
AGF Mortgage, Inc. was
founded in 1993 with a commitment to
Kansas and Missouri residents to
provide the best possible real
estate loans for owner occupied, non
owner occupied (rental home), and
second homes with low rates and low
closing costs.
When it comes to our
rates, whether you are an employee
or self employed, you will find the
most suitable loan program among
hundreds that we offer through over
fifty investors. Our
experience makes the loan processing
smoother and faster.
We challenge the major
lenders in this area such as Chase,
Bank of America and others with our
low costs and excellent service.
Are you searching for a loan to
purchase or refinance multi family
units 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, CA, CO,
CT, DE, GA, ID, IN, IL, IA, KS, KY,
LA, ME, MD, MA, MI, MO, MT,
NC, NE, NH, NM, OH, OK, OR, PA, SC, TN, TX,
UT, VT, VA, WA, WV, WY
Yes, the amount of seller's
contribution toward closing
costs and prepaid items
is limited to 2% on 1 to 4
units and 3% on 5 or
more units.
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
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
