Central Bank of Sedalia
301 West Broadway
Sedalia, MO 65301
p: (660) 596-7690
f: (660) 827-2741
This checklist can help you gather the documents you need to proceed with the loan.
Michele Hicks, Vice President, has been in banking for 22 years with 18 of those years in the mortgage loan department with Central Bank of Sedalia. Having worked in loan review, loan processing and loan commitments for a title company, Michele brings a wealth of loan experience to Central Bank of Sedalia. She has expert knowledge in the areas of Rural Development, FHA, VA and First-Time Homebuyer loans that not only provides borrowers with loans tailored to fit their needs, but also an anxiety-free process that comes from doing business with someone who can help them understand the loan process.
The parts of your monthly mortgage payment include both repayment of the loan principal and the monthly interest on the outstanding balance. A mortgage payment can also include pre-payments on property taxes, homeowner’s insurance and monthly homeowner’s association dues into an escrow account managed by your lender. Calculate your estimated yearly costs below and monthly payment to help you decide how much you can afford.
|INTEREST RATE||APR||MONTHLY PAYMENT|
The Central Bank Rate Quote Tool is provided for informational purposes only and does not represent a credit decision or commitment to lend. Results depend on many factors, including the assumptions you provide.
The Rate Quote Tool assumes the property is a Single Family Detached Home, the borrower has excellent credit (including a FICO Score of 740 or greater) and a lock period of 45 days.
All rates and programs subject to loan underwriting and approval and may be subject to change depending on individual credit profile and other qualifications. Interest rates and program terms are subject to change without notice.
Monthly payment does not include amounts for taxes, property insurance and mortgage insurance (where applicable). Your actual rate, APR, payment and costs could be higher. Get an official Loan Estimate before choosing a loan.
* The annual percentage rate ("APR") calculations in the display are based on current interest rates and estimated finance charges. Actual charges may vary based on the terms of the loan and geographical area.
USDA loans are subject to an annual 'Guarantee Fee' equal to 0.35% of the amount financed, payable in equal monthly amounts.