MHQ - Mortgage HeadQuarters

There are many benefits of refinancing your home at the Lake of the Ozarks . Along with the many benefits, there are actually some great ways to use the money you'll save from refinancing a home, if you choose to refinance and cash out or to refinance for a lower monthly payment. Our mortgage company at the Lake of the Ozarks is here to showcase just a few of the things you can do with your refinanced home funds.  Remodel your Space Are you dreaming about redoing your kitchen, finishing your basement, or adding on to your home? Remodeling can be expensive. From materials to labor, there are a lot of unexpected costs associated with making changes to your home. Refinancing your mortgage may allow you the funds needed to accomplish your home upgrade goals.  Pad Your Savings Having savings for a rainy day is important. No one knows what the future holds and many unexpected changes may happen to your financial situation. Having some extra money in your savings can help you be best pre

If you're incredibly tired of renting a home and would like to buy your first home by this time NEXT year, this is the blog for you. Our mortgage lenders at the Lake of the Ozarks understand how tough it can be to rent in this area. Not only can rent prices be extremely high, but a lot of frustration can come with renting. For example, when you rent out an apartment, you have no clue who your neighbors or control over who your landlord chooses to move in next to you. You also have no control over when your landlord decides to increase your rent or whether or not pets are allowed in your building. Sure, there is less financial responsibility involved when you choose to rent over buy, but if you're currently in or would like to be in a good financial place so that you CAN buy a home, keep reading. The rewards can be SO worth it. Our mortgage loan company in Osage Beach is here to give you some NEED-TO-KNOW information every renter should have who is looking to buy a home, in th

Anyone who has lived at the Lake of the Ozarks long enough understands how tough it can be to rent here. If you have a pet or a limited budget for your monthly rent, it can be hard to find a rental property around here that works for your situation. The right rental property for you just may not be available when you're looking. All of that being said, you may start to think, what if I bought my own home at the Lake of the Ozarks? The housing market for buyers is fantastic right now at the Lake. Homes are selling at affordable prices in the area and if you're considering buying a home, you need to start thinking about your mortgage at the Lake of the Ozarks . That's where we come in. MHQ - Mortgage Headquarters is here to give you a few tips for saving for your down payment QUICKLY in this week's blog. How To Save For Your Down Payment QUICKLY SELL THE STUFF YOU DON'T NEED. Think of this simply as a way to declutter and prep for your next investment goal – your hom

Throughout 2020 you may have heard the term "refinancing" thrown around a lot when it comes to home loans. Many have sought to do this due to the lower rates being offered this year. However, refinancing is not for everyone, but if it's something you are considering, our mortgage lenders at the Lake of the Ozarks encourage you to speak to an experienced lender first before making any major decisions. It's best to have all your answers upfront so you know what you are getting into. You should also keep reading this week's blog for a few things to consider before choosing to refinance. YOUR CURRENT HOME LOAN TERMS. It is possible that there is a prepayment penalty on your current mortgage. When you refinance, you are paying off your current mortgage. Check to see what the conditions are of your current loan. Add the prepayment penalty to your other cost of refinancing to get an accurate figure on what your total cost to refinance will be. YOUR CURRENT CREDIT SCORE.