Searching for a flexible and affordable mortgage in Kansas City? Click or call (816) 631-9687 to talk to McGowan Mortgages, providing homeowners with award-winning advice and simple mortgage solutions.
Loan Options in Missouri
Licensed to work with clients in 40 different states.
You are in search of a mortgage that is flexible, affordable, and a fit for your needs now and in the future.
With our extensive selection of lending products, you can find the ideal home loan.
The application process is fast and easy so that you can close quickly and move into the home of your dreams.
Types of Mortgages in MO
Below are the types of home loans we offer. If you need help choosing a suitable type of loan, we can assist you during your consultation.
Conventional
A conventional home loan is one without backing from a government agency. These may include conforming and non-conforming mortgages.
FHA
An FHA mortgage is a lending product guaranteed by the Federal Housing Administration. These home loans feature flexible qualification requirements, affordable rates, and low down payments. We also offer a special zero down FHA loan that is not available everywhere.
VA
A VA mortgage backed by the Department of Veterans Affairs allows you to purchase a home with zero down and affordable rates if you are a veteran, active duty service member or eligible surviving spouse. Flexible qualification requirements make this an ideal product for a wide range of qualifying borrowers.
FHA 203K
If you want a simple mortgage product that allows you to combine the cost of home purchase with repair and improvement costs, consider purchasing a home with an FHA 203K loan.
USDA
A USDA mortgage makes zero down home purchasing possible in rural locations throughout Missouri.
HELOCs and HELOANs
If you want to tap into your home equity for flexible financing, you can apply for a home equity loan (HELOAN) or a home equity line of credit (HELOC).
One-Time Close Loans
Traditional construction loans can be complicated and time-consuming. Moreover, delays with financing can hold back projects from completion.
ITIN Loans
Are you shopping for a home in Kansas City or elsewhere in Missouri as an undocumented immigrant? You can purchase a home without a Social Security number using a special product called an ITIN loan, or “Home Opportunity Loan.”
Bank Statement Loan
Apply for a home loan without a W-2 form if you are a self-employed borrower, business owner, or investor.
First Time Home Buyer
Any of the types of mortgages listed above can be suitable for a borrower shopping for their first home. You can receive the guidance you need to choose the right type of loan for your first home purchase from the friendly, patient experts at McGowan Mortgages.
Investment Property Loans
Buy valuable real estate in Missouri with fast, flexible investment property financing to suit your requirements. We work hard to help you maximize the return on your investment with a competitive loan.
Reverse Mortgage
Supplement your income during retirement with a reverse mortgage so you can achieve more of your life goals and raise your standard of living.
Jumbo
A jumbo loan is a conventional loan that exceeds the conforming loan limits for Fannie Mae and Freddie Mac.
2-1 Buydown Loan
Do you want to buy a home with a fixed rate mortgage, but wish you could take advantage of the low introductory rate of an adjustable rate mortgage?
DSCR Loan
The debt-service coverage ratio (DSCR) examines the cash flow of a company's in relation to its debts.
Apply for a Home Loan in Kansas City or Beyond
If you are ready to apply for a mortgage, our expert team is here to facilitate a smooth and easy loan process. We work with homebuyers and homeowners in Kansas City and throughout the country. To get started now, please call us today at (816) 631-9687 to schedule your consultation.
See What Our Clients Are Saying About Us!
Phoebe Jade Apostol
17:20 04 Dec 23
Jessica Lee
15:50 30 Nov 23
I appreciate the opportunity to share my experience working with the exceptional loan team - Derek McGowan of McGowan Mortgages. Their commitment to clients is evident in their caring approach, efficient processes, and remarkable speed in helping families attain homeownership. It is truly an honor to work alongside someone so dedicated to turning dreams into reality. Derek McGowan and his team are exceptional!
Jennifer Mann
19:53 29 Nov 23
Derek does a great job communicating with his clients, and also the vendors involved in the closing process. He is professional and great to work with!
Robillard Castor
18:00 29 Nov 23
1st home purchase and what an experience! The entire process from Pre-Approval to Funding was Quick, Smooth and Transparent. Joe was awesome! He was very informative answered all my questions and stayed in close contact with me throughout the entire process. Derek was great as well, he kept everyone (Agent, Title Co, Underwriters) on a strict timeline which allowed us to close early! I would recommend McGowan to everyone!
Jeff Greenstein
15:07 29 Nov 23
We just closed a loan for Derek and his team, they were great to work with from a title company perspective.
brad cross
10:39 29 Nov 23
McGowan Mortgages is amazing! The best of the best!
Alisha Brooks
02:26 29 Nov 23
Derek amd his team are fantastic to work with. They are thorough, communicative, and very easy to collaborate with.I have enjoyed the deals I have gotten to work along side them on to get the clients to the finish line of making home ownership a reality.Believe me when I say their main focus is helping their clients to see the reality of their dreams of homeownership come true and it shows in their hardwork behind the scenes.Alisha BrooksAlliance Title
Christine Montiel
20:02 26 Nov 23
We could not have gotten through this process without the entire team's support. So thankful for everyone!
Left 2 Right Detailing
06:03 16 Nov 23
Friendly. Easy to work with.
Jas Benibo
19:47 15 Nov 23
I absolutely love working with Derek at McCowan Mortgages. They have great communication, and even better programs and rates. As a real estate agent, I love sending my clients to McGowan Mortgages because I know they will be greatly taken care of.
Tynisha Watson
04:59 15 Nov 23
McGowan Mortgages stands out for its transparency, knowledge, and excellent communication. This team guides my buyers through various loan programs with expertise, ensuring a smooth process. Their commitment to clear communication, coupled with multiple loan options, makes them an outstanding choice for any buyer. I Highly recommend!Tynisha Watson, Platinum Realty@myrealtortwatson
Yesenia Silva
19:42 14 Nov 23
We are so Glad we found Derek during our house hunting journey. After talking to a few lenders McGowan definitely out beats them all! Being first time home owners the team went above and beyond with explaining the whole process and would answer our calls to answer all our questions which made the process so much easier. We definitely recommend to everyone!
Tim Jones
15:28 13 Nov 23
McGowan has been a great mortgage company to work with. Very attentive to details, great lending partner to work with and have supported our organization with open arms!
Luis Diaz
17:49 11 Nov 23
Joseph Ajja
22:51 10 Nov 23
When I first of McGowan Mortgages I did not know them or feel comfortable with them helping me get into my first home. However, after speaking with Derek and his team and how they answered all my questions I decided to give them a shot. And I will say I was not disappointed not only did they get me a great interest rate but got me into home quick! I would recommended them to anyone looking to purchase or refinance their home! It was an amazing experience working with this company
Alberto Rodriguez
11:54 10 Nov 23
Top partner! Main lender! Wonderful experience so far!
Stacie Green
04:57 10 Nov 23
Derek and his team at McGowan Mortgages go above and beyond to help their clients. He consistently shares information to help buyers and realtors navigate through any market and make homeownership possible. Looking for a lender that will work hard for you; look no further.
Tracy White-Baldrige
03:40 10 Nov 23
You worked very hard for our buyer. You made sure you got her the best rate, and the communication throughout the transaction was exceptional. I'm grateful you were able to get us to the closing table. Thanks for making a difficult deal, easy.Tracy White-BaldridgeReeceNicholsRealtor
Jasmine Rebecca
22:39 09 Nov 23
Derek is a true professional knowledgeable, hard worker and he is here when you need him.Thank you again for everything and for hanging in there with me. I highly highly highly recommend him for your mortgage needs
Jordan Shack
23:04 31 Oct 23
Always great to work with Derek and get his loans closed. He is great to work with and It is all about the teamwork.
Tim Hatton
16:53 24 Oct 23
As a wholesale Partner of Derek and his team, they go above and beyond for the borrower and is nothing short of great to work with.
Roshaun Moore
02:24 24 Oct 23
Ethel Viado
23:15 20 Oct 23
Excellent company with excellent services! I would recommend this company to all my friends! Worth the trust
Sandra rodriguez
22:06 20 Oct 23
Derek and his team are always accessible, communicative, and overall wonderful to work with. I definitely recommend them to anybody looking for a mortgage broker. They care and have access to so many lenders, I'm sure they will find a way to make your file work.
Dina Barreras
21:21 20 Oct 23
Derek and his team are on top of their game! If you are looking for someone to represent you and get you into your dream home, Derek and his team are the ones to go to! They will take great care of you!
Barbara Ferullo
20:54 20 Oct 23
Working with Derek and his team was smooth and easy! They know what they're doing when processing & submitting ~ making it a clean road to the closing table for their customers! Very professional!
Doug Swenson
20:49 20 Oct 23
Derek is great to work with. He is always available to answer any and all questions, picks up my calls and ensures I understand every process of the loan. I always recommend friends and family. Thank you Derek!
Carol Ravert
11:48 06 Oct 23
Kabi Solomon
22:55 04 Oct 23
Derek’s team was phenomenal. From start to finish, very informative, communicative & led with professional advice & experience. We started the process on Aug 29th 2023 & closed on Sept 29th exactly 30 days. The supporting groups (titling/closing) we’re also amazing! Thanks Derek, Steven, Fidel & Team
Lane Barry
22:43 04 Oct 23
Derek and the team at McGowan Mortgages are very pleasant to work with. Always responding to questions and concerns immediately, Derek was able to find us the lowest possible interest rate during these tough economic times and save us a ton of money. They walked us through every step of the home buying process and made it easy to understand while looking out for our best interest. Definitely would recommend
Certificate of Excellence
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McGowan Mortgages is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.