About the Loan Process

Make no mistake, there's quite a lot involved when you get a mortgage loan. You wouldn't be here on our website if you could fill out a one-page loan application and receive a great loan funded in one day. But Mortgage Headquarters of Missouri, Inc does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a mortgage loan involves four major milestones.

Step one: determine how much you can borrow

This is a function of a couple things. What kind of monthly payment are you looking for? What is the maximum you can borrow from a lender, given your income and credit history? You can get a good idea of your preferred payment abount using the calculators on our website. And we can guide you to the right loan amount and best program for you when you answer a few quewstions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: pre-qualify for your loan

This is where Mortgage Headquarters of Missouri, Inc can start saving you money. You will give us information about your employment, assets, and residence history. You'll give us information on your employment, asset, and residence history. We get your permission to pull your credit score and report. When we review all this info we give you a pre-qualification letter. With this letter, your REALTOR® will negotiate the best deal for your new home. The pre-qual letter gives you buying clout! While you're shopping for a new house with your REALTOR™, we find the best program for you.

Step three: apply now! We make it easy

After you've made an offer and the sellers have accepted, it's time to apply for the loan. It couldn't be easier, and you can apply online, right here on our website. After the seller has accepted your offer and you have applied for your loan, we will order a professional appraisal on the home.

Step four: your loan is funded

The real estate agents will find an escrow/title company to handle the "funding" and closing of the sale. We'll coordinate with this company to ensure all the papers your lender needs are avaiailable, and you'll probably}likely sign everything at their officeWe work with with the title company on your date of closing. Since you don't have to worry about these details, you can concentrate on moving logistics, painting, carpet, and all the details of getting your new home.

You've answered a few questions, given us lots of information, applied online, and Before you know it, you'll be moving in! Mortgage Headquarters of Missouri, Inc is a mortgage specialist; you're not — so take care of the details. Doesn't that make sense?

Have questions about the loan process? Call Mortgage Headquarters of Missouri, Inc at 5733029990. It's our job to answer lending questions, so we're happy to help!