Home Loans Springfield MO

Buying a home can be nerve-racking, but it doesn’t have to be. At PrimeLending, we aim to make the process as clear and comfortable as possible.

Some mortgage companies tempt prospective borrowers with enticing quotes and unbelievable rates for home loans. Thrilled with the great deal and relieved that the process is so simple, you may take the bait. Later, when you read the fine print, you will realize your mistake. These mortgage companies trick borrowers by providing great quotes followed by sudden, unanticipated fees and fines. It’s like the witch’s trick in Hansel and Gretel: you’re elated with your house of candy until you discover that you’re locked inside it.

PrimeLending, on the other hand, seeks to create a transparent and trustworthy home loan process. We don’t hide behind rate quotes that are too good to be true, and we won’t slap on extra fees when you’re ready to sign up. The process is simple and straightforward.

home loans springfield mo

How to Find a Home Loan

To find a home loan, just stop in, give us a call, or check out our website. We can help you select the best loan for you and your family, whether that’s a conventional loan, an FHA loan, a VA loan, a jumbo loan, or a USDA loan, amongst others.

To start, explore our easy-to-use website and do a little research. Are you interested in a fixed rate mortgage, where the interest does not change for the term of the loan? Have you thought about a conventional loan, which requires more financial commitment and a higher interest score? If you’re planning to move again quickly, consider an adjustable rate mortgage. Or, if you’re purchasing a very large home, maybe you should use a jumbo loan. And if none of these options sounds right for you, try our Customize Your Mortgage program, which puts the power in your hands. Pick your own rate and payment, and rest assured that we won’t add on any extra fees.

Once you have evaluated and narrowed down your choices, use our free Purchase Assistant tool to start the application process. If you plug in some basic information, the Purchase Assistant tool will tell you the amount for which you qualify. Then, give PrimeLending a call and let us talk you through the process of securing a low interest rate and settling on a mortgage.

Of course, interest rates change on a daily basis and will vary depending on the individual, their financial history, and the type of loan. So what can you expect with current rates? Missouri’s average mortgage rate for 30-year fixed loans is 3.86%, which is a little higher than the national average of 3.82%. With a 15-year fixed loan, Missouri has an average of 2.99%. Lenders base the interest rate on your personal information and financial health, but the state average can help you predict what to expect from current rates as you look into securing a mortgage.

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Whether you’re new to home ownership or an experienced home buyer, let PrimeLending help you make the best choice regarding your home loan. Call us today at 417-616-0782 or click here to contact us online.