Financial Needs
Whether you’re searching for a trendy loft in downtown Kansas City or a spacious suburban palace in Overland Park, we can help you make your dream home a reality. Explore the various home loan products we offer:
Fixed-rate mortgages: This type of loan offers the most security and is a good fit for families who plan to stay in the home for a long period. Fixed-rate mortgages are usually 15-, 20- or 30-year term loans. The interest rate and monthly payment is set for the life of the loan.
- Advantage: Makes budgeting easier because your housing outlays don’t change.
- Disadvantage: Can be more expensive than other loan types, such as an ARM.
Adjustable-rate mortgages (ARMs): Lower interest rates up front can benefit those who plan to move again within five–seven years. After the first five–seven years, the rate is adjusted according to the market index.
- Advantage: Lower rates and payments early on and may qualify you for a more expensive home.
- Disadvantage: When the adjustment period begins, rates and payments can rise significantly.
Mazuma mortgages: Whether it’s a starter home or your dream domain, we’ll help you find the loan that works for you — and your budget.
- New home purchase or refinance
- Adjustable-rate or fixed mortgage
- VA and FHA loans
- Borrow up to 100 percent of home’s appraised value for qualified Members
- Terms up to 30 years or set your own