MHQ - Mortgage HeadQuarters

Buying a home is an exciting time! You've probably got so many fantastic ideas of your perfect home and all the things you'll need to do once you find that home. But before you can move forward with your purchase, you've got some other (less exciting) tasks to complete first, such as finding a mortgage lender, getting pre-approved, and choosing your loan type. Choosing the right type of mortgage loan is one of the most important decisions you’ll make in the home-buying process. With so many different options out there, it can be hard to find an affordable home loan that meets your financial goals. That's why  MHQ - Mortgage Headquarters  is putting our 20+ years of experience to work for you to help you make an informed decision. Take a look at some of the  mortgage options  available to see what best fits your particular needs. Conventional Loan A conventional mortgage is a home loan that isn’t guaranteed or insured by the federal government and con...

Whether you're  buying your first home  or needing to  refinance your current mortgage , you’re going to need to know your mortgage lending options. And while the thought of obtaining a loan can seem daunting, it’s really not as scary as it may seem! We make it easy with over 20 years in business, Mortgage Headquarters of Missouri, Inc, has the knowledge to help you with this process. Take a look at the mortgage services we offer at MHQ! First Time Homebuyer Lending As a first time homebuyer, there may be several factors to getting a loan that you may not be aware of. There are some important steps to getting a mortgage loan: deciding on a maximum loan amount, pre-qualifying for a loan, applying for the loan, and getting funded. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation. Getting a pre-qualification letter can be a useful tool when shopping for homes and when you make an of...

Choosing the right type of mortgage loan is one of the most important decisions you’ll make in the home-buying process. With so many different options out there, it can be hard to find an affordable home loan that meets your financial goals. That's why MHQ - Mortgage Headquarters is putting our 20+ years of experience to work for you to help you make an informed decision. Take a look at some of the mortgage options available to see what best fits your particular needs. Conventional Loan A conventional mortgage is a home loan that isn’t guaranteed or insured by the federal government and conforms to the loan limits set forth by Freddie Mac and Fannie Mae. You can get a conventional loan at a fixed or adjustable rate. Conventional loans also require a larger down payment, so those buyers tend to have a more secure financial standing and are less likely to default. Conventional loan requirements vary from lender to lender, but 620 is typically the minimum credit score needed t...