Wednesday, August 26, 2020

Shootout Week 2020 at Lake of the Ozarks!

It is a big week at the Lake as we eagerly await one of the Summer’s biggest events - The Shootout! If you don’t have plans this weekend, you do now! Your favorite mortgage lender at Lake of the Ozarks has all of the details about this fun, fast, and exciting event! Here is a schedule of events for this week as well as some history about The Lake of the Ozarks Shootout!



Shootout On The Strip Street Party
Aug 26, 2020
Bagnell Dam Strip
Bagnell Dam Blvd.
Lake Ozark Missouri 65049

Hours of Operation: 5:00 pm to 10:00 pm

The “Shootout on the Strip” presented by Waves & Wheels is a fun, family event where over 5,000 people come to see your boat up close and personal on the Historic Bagnell Dam Strip! Feel free to bring along photos or pictures of your boat to autograph for the kids!

Shootout Poker Run Meet & Greet
Aug 27, 2020
Performance Boat Center
1650 Yacht Club Dr
Osage Beach MO 65065

Website: https://lakeoftheozarksshootout.com/events/silent-auction/
Facebook: https://www.facebook.com/LakeOfTheOzarksShootout/
Hours of Operation: 4:00 pm – 9:00 pm

Shootout Poker Run Meet & Greet presented by PolyLift Boat Lifts and Lakefront Living Realty. Annie Faulstich.

Shoot Out Welcome Party
Aug 27, 2020
High Tide and Performance Boat Center
1675 Yacht Club Drive
Osage Beach MO 65065

Hours of Operation: 5:30 pm

Poly Lift Poker Run registration is at 4:00pm. The buffet will start at 5:30pm and go until 8:30pm. The Buffalo Ruckus will play at High Tide from 7:00pm to 10:00pm. Fireworks will start at 9:00pm. This is also the Launch party for Good Boy Vodka. Can't wait to see you there!

The Great Lake of the Ozarks Shootout Silent Auction
Aug 28, 2020
Captain Ron's
82 Aloha Ln
Sunrise Beach MO 65079

Website: https://lakeoftheozarksshootout.com/events/the-great-lake-of-the-ozarks-shootout-silent-auction/
Facebook: https://www.facebook.com/LakeOfTheOzarksShootout/

The Great Lake of the Ozarks Shootout Silent Auction Presented by Boulevard Brewery.
Location: Captain Ron’s inside Chill Zone Auction Tent
Friday, August 28th; 8:00 am – 5:00 pm
Saturday, August 29th; 9:00 am – 3:00 pm

Shootout Poker Run
Aug 28, 2020
Multiple Locations
82 Aloha Ln
Sunrise Beach MO 65079

Website: https://lakeoftheozarksshootout.com/events/poly-lift-poker-run/
Facebook: https://www.facebook.com/LakeOfTheOzarksShootout/

Lake of the Ozarks Shootout Poker Run presented by PolyLift Boat Lifts and Lakefront Living Realty, Annie Faulstich.

  • Captain Ron’s (Breakfast Stop: (8:00 – 10:00 am)
  • Big Dick’s Halfway Inn
  • Larry’s on the Lake
  • Nauti Fish
  • Waves ‘N Wheels Boardwalk
  • Paradise
  • Red Head’s Lake Side Grill
  • Shady Gators (Final Stop & Awards Presentation: 6 PM)

32nd Annual Lake of the Ozarks Shootout
Aug 29, 2020 - Aug 30, 2020
Captain Ron's
82 Aloha Lane
Sunrise Beach MO 65079

Email: duggan@usmo.com
Website: http://www.lakeoftheozarksshootout.com

The Lake of the Ozarks Shootout, held at Captain Ron's Bar & Grill and the 33MM-34.5MM, will bring top powerboat racers and offshore racing powerboats from across the country, topping 200 MPH. The largest unsanctioned boat race in the Midwest with over 100 racers and 100,000 spectators. Proceeds will benefit the Lake Area Rescue Teams and other charitable organizations!

Make a whole week of it! Enjoy Shootout events happening all week leading up to the main event. Events include R/C Mini Powerboats Shootout, Golf Tournament, Treasure Hunt, Shootout Strip Street Party, Vendor Villages, Live & Silent Auctions, Poker Runs, Live Entertainment and much more.

For more information and a complete schedule visit the official Lake of the Ozarks Shootout website.

32ND ANNUAL SHOOTOUT

"The Lake of the Ozarks Shootout is the largest unsanctioned boat race in the US, named one of the nation’s eight “must-see” boating events according to Powerboat Magazine, the Shootout will take place for the ninth year at Captain Ron’s Bar & Grill in Sunrise Beach (Lake Road 5-50, mile marker 34.5). The event raises funds for eight Lake-area rescue teams and numerous other charitable organizations; last year, $357,000.00 to 32 different Charities and 8 Fire Departments. The Lake of the Ozarks Shootout is alive and well and looking forward to the 32nd year in August of 2020."


Have a Safe & Fun Weekend!

Team Lasson hopes that you have a great weekend at Lake of the Ozarks! If you are visiting for the weekend and realize how much you love it, we have the perfect solution for you. This is an amazing time to buy a home at Lake of the Ozarks and Team Lasson is ready to help you with your Missouri mortgage. You can visit our website to learn more about our services (www.YourLakeLoan.com) or submit your application.


For Lake area news, resources and tips on financial services, please 




Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065






**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.





Posted by at No comments:
Labels: , ,
Location: Osage Beach, MO, USA

Thursday, August 20, 2020

FAQs About Closing Costs

Buying a home at Lake of the Ozarks is a big undertaking that can feel so rewarding when you finally sign all of the paperwork and get your keys! Of course, there is still one more piece of the puzzle that you will also do on closing day and that is to finalize your costs. If you aren’t sure what is involved in closing costs, we are going to take a look at a few frequently asked questions about closing costs and what they are!



Q: What Do Closing Costs Cover

A: If you’re curious about what closing costs cover, you’ve come to the right place! They are made up of a combination of payments to vendors, government entities, and your lending institution. All of these businesses played a role in helping you get your new home, which is why the closing costs are there. Closing costs are payable with your down payment, but they are separate fees.

Here are some of the most common fees that could be included with the closing costs:
  • Appraisal Fee
  • Attorney Fees
  • Closing Fees
  • Credit Report Fee
  • Discount Points
  • Document Preparation Fee
  • Escrowed Deposits for Property Taxes and Insurance
  • FHA Up-Front Mortgage Insurance Premium
  • Flood Determination Fee
  • Home Inspection
  • Home Warranty
  • Homeowner’s Association (HOA) Fees
  • Homeowners Insurance Premium for first year
  • Miscellaneous State and Local Fees
  • Notary Fee
  • Owner’s and Lender’s Title Insurance Policy
  • Origination Fee
  • Pest Inspection
  • Prepaid Interest Fee
  • Private Mortgage Insurance Fee (PMI)
  • Property Tax
  • Real Estate Agent Commission
  • Recording Fees
  • Settlement Fee
  • Survey Fee
  • Title Company Title Search Fee
  • Title Insurance and Binder
  • Title Search
  • Transfer Taxes
  • Wire Transfer Fee
  • VA Funding Fee

Q: How Much Are Closing Costs?

A: It’s hard to pin down exactly how much the closing costs are going to be, but they generally range between 2-5 percent of the total sales price.

Q: When are Closing Costs Due?

A: You can anticipate that the closings costs are due on the day of closing, however some purchases and fees may be paid independently of closing.



As you can see, there are a lot of processes that go into the purchase of a home and the costs involved. This is not a comprehensive list, and you will need to talk with your lender to determine an estimate of what your specific closing costs will be.

For more information about what's involved with financing a home at Lake of the Ozarks, give Lakelender Michael Lasson a call at 573-746-7211. I'm committed to working with you every step of the way. I'll discuss your financing options, offer competitive interest rates, and back it up with the first-class service you deserve!

For Lake area news, resources and tips on financial services, please 




Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065






**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.



Posted by at No comments:
Labels: , , ,
Location: Osage Beach, MO, USA

Thursday, August 13, 2020

A Few Ways Debt Affects Your Mortgage

If you are looking into financing a home at the Lake of the Ozarks, you’ve surely heard about how your credit score can impact your purchase. Many factors will play a role in your home buying endeavors, but one that you may not have thought about is your debt to income ratio. This one little aspect can play a huge role in your home-buying plans, so it makes sense to take a few moments to evaluate it. Here are a few things you may want to know about debt and mortgages and how they work together.

What is Your Debt-To-Income Ratio?

When determining what your debt to income ratio is, you can quickly do the math and come to your own conclusion. You will add up all of your monthly payments including credit cards, personal loans, and current mortgages. You can then divide that number by your gross monthly income. This resulting number is your debt to income ratio, and it will help your Missouri lender determine if you can afford another debt payment each month. An ideal debt to income ratio would be 25% or less, and if your debt to income ratio is above 43% you may need to wait a little longer to buy a home and spend some time paying off your current debt.

Unsecured & Secured Debt

Did you know that there are different types of debt? In fact, some can actually show that you are reliable while others may hurt your chances of securing your mortgage. The two main types are secured and unsecured. Here are a few details about these types of debts and why you may or may not want them.

Unsecured

Credit card debt is considered unsecured debt and can be detrimental to your scores if your current balance is more the 50% of your available credit limit. That means nothing is backing it, you can’t trade anything in or foreclose on it. It’s debt that is not secured to an item. Student loan debt is also considered unsecured, but it isn’t necessarily bad if you are consistently paying your bills on time. In many cases, student loans can even help raise your score. However, other loans like personal loans or credit card debt, even when paid on time, can still lower your score.

Secured Debt

Secured loans include auto loans, mortgages, or any loan that is balanced against something that could get taken away. There are some cases where auto loans can raise your credit score by diversifying the type of debts you have. Sometimes an auto loan can also be viewed more favorably than credit card debt because auto loans are harder to obtain than credit cards. Did you know that mortgage payments can also look good on your credit report? As long as they have been paid on time, that is. If you were ever late on a payment, that can look like a risk to a new lender.



If you're concerned with how your debt will affect your chances of obtaining a home loan at the Lake of the Ozarks, give us a call at 573-746-7211. We can discuss your questions and concerns, go over your financing options, offer competitive interest rates, and back it up with the first-class service you deserve. Together, we'll work towards getting you into that dream home of yours!

For Lake area news, resources and tips on financial services, please 




Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065






**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.



Posted by at No comments:
Labels: , , , , ,
Location: Osage Beach, MO, USA

Thursday, August 6, 2020

August Events at Lake of the Ozarks!

Summer is still in full swing at the Lake, and we’ve been having AMAZING weather! If you’re looking for something fun to do while at the Lake, there is a calendar full of activities happening where you and your family can get out and enjoy the weather, family fun, and Lake of the Ozark lifestyle! Here is a fun list of things you can do through August at Lake of the Ozarks. 


Aug 07, 2020 - Aug 08, 2020
Hours of Operation: 9:00 am - 5:00 pm
Evergreen
6711 Highway 54 West
Osage Beach MO 65065

Aug 07, 2020
Camden County Historical Society
206 S Locust
Linn Creek MO 65052

Aug 08, 2020
Hours of Operation: 8:30 am
Lower Spring Trail Parking Lot, Ha Ha Tonka State Park
1491 Missouri D
Camdenton MO 65020

Aug 08, 2020
Lake Ozark Speedway
50 Twiggy Lane
Eldon MO 65026

Aug 10, 2020
Hours of Operation: 12 pm
The Oaks Golf Course
1524 State Hwy KK
Osage Beach MO 65065

Aug 13, 2020 - Aug 16, 2020
Margaritaville Lake Resort
494 Tan-Tar-A Drive
Osage Beach MO 65065
Hours of Operation: 1:00 pm – 1:00 am Each Day

Aug 14, 2020
Hours of Operation: 5:00 pm – 10:00 pm
Bagnell Dam Strip
1 Bagnell Dam Blvd
Lake Ozark MO 65049

Aug 15, 2020
Hours of Operation: 8 am
Surdyke's Port 20
5395 Spruce Lane
Osage Beach MO 65065
Phone: 573-348-6575

Aug 20, 2020
Hours of Operation: 5:30 pm
Bagnell Dam Strip
Bagnell Dam Blvd
Lake Ozark MO 65049

Aug 21, 2020
Hours of Operation: 5 pm to 8 pm
Bridal Cave/ Thunder Mountain Park
526 Bridal Cave Road
Camdenton MO 65020

Aug 21, 2020
Hours of Operation: 8:00 am
Multiple Locations
82 Aloha Ln
Sunrise Beach MO 65079

Aug 24, 2020
Hours of Operation: 5:00 pm
Captain Ron's
82 Aloha Ln
Sunrise Beach MO 65079

Aug 26, 2020
Hours of Operation: 5:00 pm to 10:00 pm
Bagnell Dam Strip
Bagnell Dam Blvd.
Lake Ozark Missouri 65049

Aug 27, 2020
Hours of Operation: 4:00 pm – 9:00 pm
Performance Boat Center
1650 Yacht Club Dr
Osage Beach MO 65065

Aug 28-29, 2020
Friday, August 28th; 8:00 am – 5:00 pm
Saturday, August 29th; 9:00 am – 3:00 pm
Captain Ron's
82 Aloha Ln
Sunrise Beach MO 65079

Aug 28, 2020
Multiple Locations
82 Aloha Ln
Sunrise Beach MO 65079

Aug 29, 2020 - Aug 30, 2020
Captain Ron's
82 Aloha Lane
Sunrise Beach MO 65079 


Welcome to Lake of the Ozarks!

Whether you’re visiting us this month or a regular at the Lake, we hope that you have a wonderful and safe vacation at Lake of the Ozarks. If you are vacationing and decide that you could see yourself living here, Team Lasson is ready to assist as your local Lake of the Ozarks mortgage lender. You can visit our website (www.YourLakeLoan.com) to learn more about our company and get the pre-approval process started by completing the online application! This is an amazing time to take advantage of the low-interest rates and purchase a home, and we would love to have you here at the Lake!

For Lake area news, resources and tips on financial services, please 




Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065






**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.


Posted by at No comments:
Labels: , , , , ,
Location: Osage Beach, MO, USA
Subscribe to: Posts (Atom)