How To Speed Up The Process of Buying A Vacation Home at the Lake of the Ozarks

Who's ready to buy a vacation home here? The Lake of the Ozarks is such a beautiful place YEAR-ROUND. Fall is right around the corner and the fall foliage is breathtaking. If you're looking to buy a vacation home here, you've come to the right place. Our mortgage lenders at the Lake of the Ozarks are here to give you a few tips on how to speed up the process of buying your vacation home, in this week's blog. If you have any questions, please do not hesitate to give us a call. MHQ - Mortgage Headquarters can be reached at 573-302-9990.


Photo Credit: Fun Lake MO


How To Speed Up The Process of Buying A Vacation Home at the Lake of the Ozarks


GET YOUR FINANCIAL PAPERS IN ORDER.

When it comes to applying for a mortgage, preparation can be key! Get the following documents together:

  • Checking Account Statements
  • Current Paystubs
  • Tax Returns

An experienced Missouri mortgage lender can walk you through other documents you may need to bring.


KNOW HOW MUCH YOU CAN AFFORD WITH PRE-APPROVAL.

Pre-Approval lets you know how much house you can afford UPFRONT. Don't put yourself in a financial situation you can't get yourself out of. Pre-Approval is a smart decision because not only does it allow you to know how much you can afford, but it also makes you look more appealing to your potential seller. It can give you the credibility of a cash-buyer.


PAY OFF YOUR DEBT OR CONTINUOUSLY MAKE PAYMENTS.

Avoid accruing any more debt while applying for a mortgage. This can mean don't open up any new store credit cards, bank credit cards, or apply for any new car loans. You'll also want to avoid taking out any student loans or personal loans during this time. Any major activity on your credit can complicate this process and may make things harder for you.


Photo Credit: Fun Lake MO


Enjoy Your Lake Life!


Build your very own lake life at the once voted #1 Recreational Lake in the Nation (USA Today). The Lake of the Ozarks is family-friendly, affordable, and just a beautiful place to live. It's a great place to raise your kids and just enjoy life! To learn more about the mortgage process at MHQ - Mortgage Headquarters, give us a call at the number listed below. You can also follow us on our social media channels listed below to stay up to date on our latest mortgage tips and happenings around the Lake.




Mortgage Headquarters of Missouri, Inc
4824 Osage Beach Parkway, Suite 1
Osage Beach, MO 65065

Office: (573) 302-9990
Toll Free: (888) 799-1206
Fax: (636) 648-9917

NMLS # 1229111

Follow Us On:   Facebook   |   LinkedIn
Location: Osage Beach, MO 65065, USA

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