MHQ - Mortgage HeadQuarters

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...

Families come in many different types. Some families consist of a married couple with children and some may consist of an unmarried couple with no children. Whatever your family may look like, know that our mortgage lenders at the Lake of the Ozarks are here for all your home loan needs! That being said, in today's culture, it has become very popular for couples to live together first, BEFORE they get married to get a feel for what married life may be like. Not all of those couples rent, some may choose to put their money toward a valuable real estate investment together and this blog is for them. While you may choose to buy a home together, how do you go about it financially? You likely have many questions about how this process should work. If you can relate to this sort of situation, please call MHQ - Mortgage Headquarters today and get your questions answered. Mortgage Advice For Unmarried Couples Who Live Together Ask your mortgage lender whether filing individually ...

As you've probably heard by now, mortgage rates are at a historical low. If you were ever going to refinance your home loan at the Lake of the Ozarks , now is the time to do it. Here at MHQ - Mortgage Headquarters , we encourage you to reach out via phone and touch base with us if this is something you and your family are interested in. Refinancing your home loan can allow you to enjoy a number of benefits, including but not limited to lower payments. If you have any questions or just want to hear more, call our local Lake of the Ozarks mortgage company today at (573) 302-9990. In the meantime, keep reading this week's blog for the dos and don'ts of refinancing your mortgage. The Dos and Don'ts of Refinancing Your Mortgage THE DOS OF REFINANCING DO monitor your credit score. Give your credit score a quick check before considering refinancing. The better your score the better chances you probably have of getting a better rate! DO refinance for the right rea...

Since we live in a computer-driven society, you're probably not surprised to hear that your ability to repay your mortgage boils down to one number. This score is built by credit reporting agencies. They use the payment history from your various loans: credit cards, mortgages, car loans, and others. The three reporting agencies use slightly different formulas to build a credit score. The original FICO was developed by Fair Isaac and Company. Experian uses this model and calls its score FICO. Equifax's model, based on FICO, is called BEACON, while TransUnion, which also uses a slightly modified FICO, calls its score EMPIRICA. While each of the models considers a range of data available in your credit report, our mortgage company at the Lake of the Ozarks is here to give you what factors each agency uses to determine your score in this week's blog. If you have any questions on this matter, please do not hesitate to call our Lake of the Ozarks mortgage lenders today. MHQ-M...

Is 2020 your year? The year you finally buy your first home, it could be 2020! This experienced mortgage company at the Lake of the Ozarks is here to give a few first time home buying tips for 2020 in this week's blog. If this is your first time buying a home, MHQ - Mortgage Headquarters is here for you. We get that the process can be new and a little intimidating if you don't realize what all is involved. There can be many loan options for first time home buyers, more than you might think. First Time Home Buying Tips for 2020 Put money aside for your closing costs and down payment. Buying a home is more than the listing price. The listing price is very rarely ever the actual final cost of the sale. You have closing costs, inspection fees, taxes, and more that will need to be covered.  Many costs can be rolled into your mortgage, most mortgages will require some sort of a down payment. That can range anywhere from 3.5%-20% depending on the type of loan. Look i...

As a potential first time home buyer, it's important that you know what you are getting into fully. With everything you are likely thinking about as you look at home after home after home, you may forget something very important, there's a down payment that you NEED to save for. On that note, our mortgage company at the Lake of the Ozarks is here to give you a few tips for saving for your down payment in 2020 in this week's blog. If you have questions about applying for your first mortgage at the Lake of the Ozarks , call MHQ - Mortgage Headquarters today at (573) 302- 9990. Tips for Saving for Your Down Payment in 2020 Cut back on unnecessary expenditures. Just think about all of the money you could be putting toward your down payment. You could stop spending money on things you don't absolutely have to have for a while. For example: Eating out at restaurants Buying coffee at coffee shops Shopping trips for clothes and shoes Vacations Gas money being...