First Time Home
Buyer

First Time Home Buyer Credit

Some first-time home owners are eligible for the $8,000 Federal Housing Tax Credit, which can be used toward new home loans. If you are a first-time home buyer, contact National Bank Of Kansas City at 1-800-375-8096 to learn more. This opportunity will expire on December 1, 2009.

First Time Home Loans

National Bank Of Kansas City offers several different loans for the first-time home buyer. Loans will vary by interest rate and length of time, including the 15 year and 30 year fixed home loans and the three, five, and seven year adjustable rate mortgages (ARMs).*

Not every loan is for every one. Your credit, income, expenses, and the type of home you wish to buy will determine the loan that is right for you. Get a quote from National Bank Of Kansas City and learn which one of the first-time home loans we recommend.

First Time Home Buyer Tips

Every bank will give you advice on how to buy a home; as will your friends, family members, real estate agent, and neighbors. We understand this can be an overwhelming process. We suggest you take the time to review all the options for mortgages and possible homes. Once you understand your mortgage options, the home-buying process becomes much simpler.

We also suggest you figure out what you can afford in monthly payments before you begin shopping for a home. Once your finances are budgeted to pay a monthly mortgage payment, you will be well on your way to home ownership. Use National Bank Of Kansas City’s Maximum Mortgage Calculator to get started.

* For $150,000 loan; 360 monthly payments of $809.26 are based on principal and interest only, and an annual percentage rate (APR) of 5.068%. APR is subject to borrower qualification and subject to change. Third party fees may apply.