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Home Loans

Missouri Home Loans


The Bank of Missouri makes the home buying process smooth and worry free, whether you are purchasing your first home, would like to move to a larger home, or need to refinance your existing mortgage.

We'll Write The Loan. You Write The Story.

As you begin the next chapter of your story, let one of our experienced mortgage loan specialists guide you to the right home loan for your specific needs.

At The Bank of Missouri we offer:

  • Competitive interest rates and closing costs
  • Local decision-making
  • Approvals in minutes rather than days
  • Wide range of mortgage options
  • Customized solutions to meet your needs
  • Pre-qualifications provided at no cost for better buying power


Choose from a vast arrary of loan programs with either fixed or variable rates or payments:

Conventional Loans

A vast array of loan programs with either fixed or variable rates or payments.

  • Up to 95% maximum LTV*
  • PMI** is required on most loans with LTV* greater than 80%
  • Eligible property types
    • 1-4 unit home
    • Approved condominiums
    • Planned Unit Development (PUD)
    • Modular or manufactured home as a primary, secondary or investment property
  • Purchase and refinance transactions available
  • Portfolio loans and secondary market loans available
Apply Online See rates


Home Equity Line of Credit

Borrow against the equity in your home.

A home equity line of credit allows a homeowner to borrow against the equity in their home with specific limits and terms. This is an open-end loan which allows the borrower to borrow and repay funds as needed.

  • 80% maximum LTV*
  • Small principal payment required with each payment
  • No closing costs or annual fee
  • Requires a minimum monthly payment if there is an outstanding balance
  • No pre-payment penalty
  • $10,000 minimum loan amount
  • Eligible property type
    • 1-4 unit owner occupied
Apply Online See rates


Adjustable Rate Mortgage

Designed for short periods of home ownership.

Adjustable rate mortgages generally have lower beginning interest rates (and lower payments) than fixed rate mortgages. Typically a person who may only stay in a home for a short period of time may choose this product to reduce the mortgage costs during their limited stay in the home. Many borrowers choose this product to keep their mortgage payments at a minimum during the early years of a loan and if rates increase, the borrower’s income may also have increased to help offset the impact on their budget.

 Request an Application

Residential Construction Loans

Building dreams one home at a time.

The Bank of Missouri specializes in helping customers build their dream home. A construction loan provides financing during the construction phase. Upon completion of your home, the bank will refinance the loan to an appropriate loan program.

Allows a borrower to obtain financing to build or have their home built.

  • Interest-only payments based on outstanding balance
  • Eligible property type
    • 1-4 unit owner occupied
  • 80% maximum LTV*
  • Inspections and disbursements handled by bank or title company
Apply Online See rates


VA Loans

Offers long-term financing to eligible veterans, active duty personnel, or surviving spouses*.

  • Up to 100% financing available
  • Guaranteed by U.S. Department of Veteran Affairs
  • VA collects a funding fee on each loan to compensate for any losses or defaults unless the veteran is exempt
  • 620 minimum credit score
  • Eligible property type
    • 1-4 unit owner occupied
  • Purchase and refinance transactions available   
 Request an Application

Guaranteed Rural Housing Loans

Geared to help moderate income families.

  • Up to 100% LTV* based on appraised value
  • Property must be in a rural eligible location
  • Guaranteed by USDA
  • Rural Housing collects an up-front guarantee fee along with an annual fee
  • Guaranteed loan eligibility income limits apply
  • 660 minimum credit score
  • Eligible property types
    • Owner occupied single family detached
    • Single family attached
    • Planned Unit Development (PUD)
 Request an Application

FHA Loans

Aids lower income borrowers to purchase otherwise unaffordable homes.

  • 96.50% LTV* on purchase transactions and up to 97.75% LTV* on refinance transactions
  • Lending limits vary based on housing types and the state and county in which the property is located
  • FHA collects an up-front mortgage insurance premium along with an annual fee
  • 660 minimum credit score; 640 minimum credit score on streamline refinance
  • Eligible property type
    • 1-4 unit owner occupied
  • Purchase and refinance transactions available
Apply Online See rates


*LTV - Loan to Value
**PMI - Private Mortgage Insurance