Missouri Home Loans
We understand that buying a home is a big decision. That’s why we offer different types of home loans to fit your unique needs and budget. Whether you’re a first-time homebuyer, looking to refinance, or need a specialized loan program, our experienced team is here to guide you through the entire process.
Why Choose Society Mortgage for Your Missouri Home Loan?
Competitive rates
We offer some of the most competitive rates on MO home loans. Work with a mortgage lender that will assist you with reducing the time and financial costs.Â
A smooth loan process
Our streamlined process makes it easy to get your loan approved. Once you meet all the requirements you will be liable for the needed loan amount for your new property.Â
Excellent customer service
We’re committed to providing you with the best possible customer service. New home buyers need to know all the details related to tax, insurance, interest rates, closing costs, etc. Our loan officers are professionals with years of education and experience.
Missouri Home Mortgage Loans
Frequently Asked Questions
What credit score is needed to buy a house in Missouri?
A minimum credit score of 620 is typically required for many homebuyer programs.Â
How much is a $400,000 mortgage for 30 years?
Assuming a 30-year fixed-rate mortgage at an interest rate of 7.09%, the estimated monthly payment would be approximately $2,686. This estimate excludes property taxes, insurance, and other potential costs.
What are the current mortgage rates in Missouri?
Current mortgage rates in Missouri are similar to national averages, with 30-year fixed rates around 7.09% and 15-year fixed rates around 6.31%. Rates can vary, so it’s advisable to consult with local lenders for the most accurate information.
Does Missouri have a first-time homebuyer program?
Yes, Missouri offers first-time homebuyer programs to assist individuals in purchasing their first homes. These programs often provide benefits such as down payment assistance and favorable loan terms. Eligibility criteria and program specifics can vary, so it’s advisable to consult with local housing authorities or approved lenders for detailed information.
Let's Get Started
Ready to go to the next step and choose one of the homebuyer programs?
Contact Society Mortgage to schedule a free consultation with one of our experienced mortgage professionals. Talk to a mortgage loan officer today and we’ll start working with you every step of the way to find the right loan solution for your needs. Get informed about the exact purchase price, interest rate, monthly payment, primary residence, first-time homebuyer programs, and many more.Â
We are here to help you make informed decisions and help you achieve your dream home with confidence!