8340 Mission Rd, Ste 240, Prairie Village, KS 66206

Tag: home purchase

Down Payment; How low can you go?

by Michael L. Baker, Sr. Loan Officer at Fountain Mortgage. I am not sure where it has gotten out that you HAVE to have 20% down payment to buy a house today, but I am going to make it my single mission in life to correct the misinformation that is […]

How BAD are interest rates, really?

by Michael L. Baker, Sr. Mortgage Loan Officer at Fountain Mortgage. I deal in interest rates. All day, every day. And a question I get constantly from friends, family and clients is, “How BAD are interest rates now?” And honestly, that is a tricky question to answer. In today’s environment, over […]

Purchase Your Next Home With ONLY 3% Down!

by Michael L. Baker, Sr. Mortgage Loan Officer at Affinity Mortgage. 2017 is here and with it come a host of mortgage guideline improvements! One that started at the end of 2016, but that I see as a HUGE boon in 2017 is the 3% down payment Conventional Loan Purchase […]

5 Tips to Buying the Home of Your Dreams!

By Michael Baker, Sr. Loan Officer How do you buy the home of your dreams in a competitive market? Currently housing inventory is at extremely low levels. When demand is high, and supply is low you have rising prices (thank you econ 101 professor). You also get multiple people interested […]

Mortgage costs are insanely expensive!

by Michael Baker, Sr. Loan Officer at Affinity Mortgage, LLC The number one question I receive from my future clients is:  What are these closing costs? Adding to the confusion of closing costs is that from lender to lender and title company to title company different terms can be used.  So […]