Kansas City homeowners 62 and older can use a reverse mortgage to turn home equity into cash with no required monthly mortgage payment. Steve Clune is based in Kansas City and works both sides of State Line.
A local loan officer on both sides of the state line
Kansas City is split between two states with different property tax bills, title practices and recording offices. Steve is licensed in both Kansas and Missouri, so a home in Wyandotte County gets the same attention as one in Jackson, Clay or Platte County.
Many long-time KC homeowners have paid down most of their mortgage and have significant equity. A reverse mortgage can pay off what is left, remove the monthly payment, and leave a line of credit for later.
Areas covered
Kansas City, MO and Kansas City, KS, including Wyandotte, Jackson, Clay and Platte counties. Nearby: North Kansas City, Gladstone, Liberty, Raytown, Grandview, Bonner Springs and Riverside. Johnson County and eastern Jackson County have their own pages.
How it works if you live in Kansas City
- Start with a call or text to see if a reverse mortgage fits
- Complete HUD-approved counseling, usually by phone
- Appraisal by a local appraiser who knows Kansas City home values
- Meet in person at the 1475 Walnut St office downtown or at your home
- Sign closing papers at home or a nearby title office
Questions from Kansas City homeowners
Can I get a reverse mortgage on a home in Kansas City, Kansas?
Yes. Steve is licensed in Kansas and Missouri, so homes in Wyandotte County and across the KC metro on either side of the state line can qualify if they meet FHA standards.
Do I have to come to the office?
No. Many Kansas City clients prefer to meet in person, but the process can be done by phone, email and a home visit for signing.
What if my house needs repairs?
Some repairs can be required by the appraiser and completed after closing using a set-aside from the loan. Major structural or safety issues may need to be fixed first.
Talk to a real person in Kansas City
Steve Clune is a licensed loan officer for Kansas and Missouri. Call or text with your questions. If you miss him, send a text and he’ll get back to you.