MHQ - Mortgage HeadQuarters

All too often, buyers run into snags in the approval process because they were unaware of the requirements mortgage underwriters must evaluate for to ensure loanability. This can hold up the approval process and potentially put the buyer at risk for not being eligible for loan approval. There are several causes for delays, and even derailments, in the underwriting process. MHQ - Mortgage Headquarters is sharing with you a list of a 5 causes for delays or derailments in underwriting often looked over by borrowers to ensure a smooth approval process. Take a look. 1. Missing documents One of the most common issues that causes delays in the underwriting process is missing documents. Document-related problems typically do not derail mortgages, but they can delay the closing process. So it’s important that you provide all of the requested documents in a timely fashion, and in their entirety. To make this process a little easier, we at MHQ Mortgage provide a general list of document...

If you are considering applying for a mortgage loan at the Lake of the Ozarks at some point, it's best that you have the greatest credit score you possibly can before applying. Yes, mortgage lenders look at this and it can affect your rate significantly. You may be wondering, but how do I improve my credit score? What actions can I actually take to get my score higher? That's what our mortgage company at the Lake of the Ozarks is about to go over in this week's blog. If you ever have any questions about this, please give us a call. MHQ - Mortgage Headquarters can be reached at (573) 302-9990. Tips on Improving Your Credit Make your payments on time! If it is just a matter of forgetting to make your payments, set a reminder on your phone, mark your paper calendar, do whatever you have to do to remember. This action alone can help improve your credit score and show your mortgage company that you know how to make payments on time, which can make you a better candid...

You have been renting for YEARS and you have gotten to a point where you're tired of spending money on something you don't actually own. You're also tired of: Not being able to control the neighbors you have Not being able to make actual home improvements Your rent increasing over the years Not having a fenced-in yard for your dogs Making maintenance requests and not getting timely responses ...etc. You're at the point where you feel like enough is enough! If this sounds like you, we urge you to call an experienced mortgage lender at the Lake of the Ozarks today and get pre-qualified for a home loan. This will give you an idea of how much you can actually afford. It's important that you understand, buying a home is a BIG commitment and you need to be ready if this is something you're truly considering. Keep reading this week's blog for a few tips on how to know if you are really ready to buy a house. If you have any questions about buying your fi...

With mortgage rates being incredibly low, you may have decided to search for your dream home now, but how will you determine if the house you find is really the RIGHT house for you? That's what our mortgage company at the Lake of the Ozarks is here to discuss in this week's blog. If you are in need of a mortgage broker at the Lake of the Ozarks with experience that you can count on, call MHQ - Mortgage Headquarters today. We are here for you all your mortgage loan needs. We can be reached at (573) 302-9990. How To Determine If This Is The RIGHT House For You Make a list of all your MUST-HAVES in a home. This list may include things like: Budget A certain amount of bedrooms and bathrooms needed Acreage  Garage The layout of the home you want Furnished or not Close to the Lake 1st Tier The commute to work Great School District Friendly Neighbors ....etc. When you go on your walk-through of a home, keep this list with you. With all of the housing option...

If you are applying for a home loan at the Lake of the Ozarks for the first time, you may be unsure of what you need to bring when you meet with your mortgage lender. If this sounds like a situation you can relate to, this is the blog for you. Our Lake of the Ozarks mortgage lenders are here to give you a complete Home Loan Application Checklist in this week's blog. If you have any questions, please do not hesitate to call us at MHQ - Mortgage Headquarters . We can be reached at (573) 302-9990. Remember, you name it, Mortgage Headquarters can do it. Home Loan Application Checklist In general, the documentation you will need includes: Check for application fee Property Information (if you already have a contract on a house)  Purchase Agreement. Copy of legal description and MLS sheet. If you are selling your current home, copy of listing contract. If you have sold your current home, copy of settlement statement (HUD-1). Income & Assets Pay st...