Financing Frequently Asked Questions

We, at The Metro Group, know that the mortgage and financing portion of the home buying process can often be confusing and overwhelming. It is out goal to make every aspect of your search for a new home as easy and pleasurable as possible. With all of the available financing and mortgage options, we realize there is a seemingly endless list of questions that you will want answers to. If you find yourself feeling confused, frustrated or overwhelmed, let us help! We have a friendly and knowledgeable sales staff that is excited to help you find the perfect solution to your home buying needs.

For answers to the following questions and others, call (913)-312-8666 or email info@livingindowntownkck.com
  • Do I have to have a down payment?
  • What is Down Payment Assistance?
  • Does The Metro Group really pay my down payment for me?
  • What is PMI and how can I avoid it?
  • How does my credit score affect my interest rate?
  • How can I find out what my credit score is?
  • Why should I use your preferred lender?
  • What are closing costs?
  • What are pre-paids?
  • What is an escrow account?
  • What are points?
  • What are the differences between these various types of loans: FHA, VA, 1st Time Home Buyer Programs, Conventional, Non-Conforming, Interest Only, Fixed, Adjustable Rates, and Buy Downs?
  • What type of mortgage is best for me?
  • Can I buy a home with unresolved credit issues?
  • Can I buy a home after a bankruptcy? If so, how long do I have to wait?
  • Are there tax benefits in owning a new home?

Ready to begin the search for your new home?
Use the following checklists to help gather together all of the information you need.

Application Checklist
Buyer Qualification Worksheet

To calculate your monthly payments or see your purchasing power, we recommend visiting Move.Com.  Click Here to visit this site. 



List of Covenants
  • Mandatory Homeowners Association
  • Minimum Square Footage For A Single Story Home Is 1550 Square Feet Of Finished Heating And Cooling Area And 1800 Square Feet Of Finished Heating And Cooling On 2 Story
  • Minimum First Floor Square Footage is 900 Square Feet
  • Each Dwelling Shall Have An Attached Garage Providing Space For A Minimum Of Two Automobiles. Carports Are Prohibited.
  • Any Exposed Foundation Shall Be Of Brick, Stone Or Stucco. No Stem Wall Shall Be Exposed.
  • Minimum of 50% Of All Front Elevations Must Be Brick, Stone Or Stucco.
  • All Dwellings Shall Have A Roof Pitch Of Between 6/12 And 10/12. Roofing Material Should Be Laminated Fiberglass Shingle With A Minimum 25-Year Warranty In A Weathered Wood Color
  • Rooftop Protrusions On The Residence Shall Be Painted To Match The Roof Color (Weather Wood)
  • A Temporary Trash Receptacle Is Required On Each Lot During The Construction Of Dwelling.
  • Trash Containers, Except Within 12 Hours Of Collection, Shall Be Stored Out Of Street View.
  • Outbuildings Are Prohibited - No Existing Or Off-Site Built Structure Shall Be Moved Onto Or Placed On Any Lot.
  • Fencing Shall Be 6' Privacy Constructed Of Cedar With Wood Cap And Metal Posts.
  • All Mailbox Pedestals Shall Conform In Design To Specification For The Subdivision To Be Established By The Architectural Committee.
  • All Lots Must Be Completely Sodded And Landscaped Prior To Occupancy, Unless Approved By The HOA Prior To Occupancy. Landscaping Will Include At Least Two (2) Trees ( 2" Caliper Or Greater ) With Minimum One (1) Tree In Front Yard
  • Fireplace Chimneys Shall Be Masonry Or Masonry Veneer.
  • Each Homeowner Shall Install And Maintain Full Guttering On All Sides Of The House.
  • Architectural Committee - Plan Review
* This Is A Brief Description; All Builders And Buyers Are Encouraged To Read The Full Covenants.