MHQ - Mortgage HeadQuarters

Lake of the Ozarks has been booming the past few years with more & more people buying 2nd homes here. It is an amazing place to visit, leave and enjoy everything the Lake has to offer. Buying a second home and a home at the Lake has different characteristics that need to be taken into consideration to ensure a smooth loan process. The experts at MHQ Mortgage Headquarters are well versed in everything Lake and can help you with getting a loan for your second home. Why is the Lake Booming with second home purchases? · Low cost of living for retiring · Great place to raise a family · Excellent vacation area with so much to do · Place to stay every time you visit · And of course the LAKE and Boating Thinking Of Buying A Second Home At The Lake of the Ozarks If so, we suggest getting PRE-APPROVED first. Before you begin to shop for a new second home, you should set up a time to meet with us so we can figure out how much you can afford. This wi...

Have you always dreamed of owning a vacation home? There may never be a better time than now. Purchasing a second home is not a decision to be taken lightly. But if it is something you've always wanted, the means for making that dream come true are not as difficult as you might think. Here are a few things to consider before purchasing a second home at the Lake of the Ozarks : Conventional Financing Purchasing and financing a second home is little different than purchasing a primary home. Some of the low down payment programs are not available, but with conforming loans, as little as 10% down can get you started. "Cash Out" Financing We can look at getting your 10% or more down, that is needed to purchase the second home, by using equity from a primary home via refinancing . Rental Income If you don't mind sharing your home, the income can be a great. However you should never purchase a vacation home if you're dependent on rentals to make it work. Buyi...