10 Best Kansas City Mortgage Lenders of 2020

Why we like it

Pros

• Quicken Loans couples a fully online application with available mortgage advisors for those who want a human touch.

• Instantly verifies employment and income for many working Americans.

• Offers custom fixed-rate loan terms that are between eight and 30 years.

• Provides a wide variety of loan types, including renovation loans and all government-backed mortgage products.

Cons

• Quicken Loans doesn't offer home equity loans or HELOCs.

• Quicken's lender fees can be stout and they don't offset those fees with particularly low mortgage rates.

Why we like it

Pros

• Offers multiple low-down-payment loan programs.

• May consider alternative credit data, like bank statements and rent payments.

Cons

• To get sample rates, you'll have to speak with a loan officer.

• Doesn't offer home equity loans or HELOC.

Why we like it

Pros

• Offers low rates and fees when compared with other lenders.

• Extends full online capabilities, from application to loan tracking.

• Displays customized rates, with fee estimates, without requiring contact information.

Cons

• Equity lines and construction loans are available only in the Kansas City metro area.

• Doesn’t offer renovation loans.

Why we like it

Pros

• Allows borrowers to apply entirely online.

• Offers down payment and closing cost assistance programs.

• May give existing customers a discount on mortgage lender origination fees.

Cons

• Does not offer renovation loans.

Why we like it

Pros

• Offers the ability to securely upload and digitally sign loan documents.

• Displays detailed sample rates for many of its loan products.

Cons

• Doesn't offer home equity loans or lines of credit.

Why we like it

Pros

• Offers a robust suite of loan products, including a variety of renovation loans.

• Has a digital application that can be completed in 10 minutes.

• Works with some state housing finance agencies to offer mortgages with down payment and closing cost assistance.

Cons

• Mortgage rates aren't posted online.

Why we like it

Pros

• Full online application includes document uploads and automated loan updates.

• Offers a "float-down" interest rate lock.

• Offers a proprietary closing-cost assistance program.

Cons

• No online mortgage rates — you have to contact the lender for info.

• Doesn't offer home equity products.

Why we like it

Pros

• Offers a wide range of loan types and products, including FHA, VA and USDA.

• Has a full suite of online conveniences.

• Does well with rate transparency, and monthly payment estimates add mortgage insurance, when applicable.

Cons

• Doesn’t offer renovation loans at this time.

• Home equity lending is geographically limited.

Why we like it

Pros

• VA loans are the bulk of USAA’s business, so it knows the ins and outs of eligibility.

• Lots of experience assisting first-time home buyers.

• You can submit loan documents online.

Cons

• Doesn’t offer FHA or USDA loans, or second mortgages.

• Limited mortgage rate information is on the USAA website — none of it customized. You'll have to call.

Why we like it

Pros

• Offers a wide range of affordable mortgage products designed for military members.

• Has an online application for preapproval.

• Offers low rates compared with most lenders.

Cons

• Website does not provide customized mortgage rates based on credit score or other factors before you apply.

• Credit union membership is limited to veterans and current military members, their families, and certain federal employees, retirees and contractors.