The home financing process can be an overwhelming task, as your Lake of the Ozarks Mortgage Lender, it is my job to ensure that you receive the best loan for your situation as quickly and easily as possible!
How Do I Help You Get the Best Loan??
Customer service is my highest priority. Throughout the loan-application process, I will provide you with regular updates on your loan process. You can also e-mail me with questions or new information anytime. If you need immediate assistance, I am just a phone call away! I do my very best to be available to answer any questions that you may have about your mortgage loan process.
Here's an overview of the loan application process
- STEP ONE - Pre-Approval Call me first. Why? By giving me some general financial information, I can help you determine how much you will be able to borrow. Having a pre-approved mortgage loan could give you more power when you're looking for a home and negotiating the purchase price. I will also review your credit report and evaluate your debt-to-income ratio. This information will allow you to make an educated choice for your future financial security.
- STEP TWO - Application & Processing When you've made your decision on a home or property and have a contract with the Seller, the next step is to complete your loan application. I try to make this process very simple by allowing you to complete this process online or in our office. If you choose to do it online, you select "Full Application" from Apply Now drop-down menu on the left sidebar of my website and complete the application. For those clients that are not comfortable completing their application, we will set up a time that is convenient and complete the process in our office.
- STEP THREE - Loan Approval, Funding & Closing Your Real Estate Agent or the Seller will designate an Escrow/Title Company to handle the funding of your loan, along with many other factors which make your purchase go smoothly. The Loan Closing is an exciting meeting where you will complete the final paperwork to purchase the home from the seller, sign your mortgage documents and receive the deed and keys to your new home! We will coordinate with the escrow team and you'll sign the final papers at their office.
That's the loan process in a nutshell: Simple, Straightforward, Cost-Effective, and FAST! As your Lake of the Ozarks Mortgage Lender, I will work hard to help you buy your next home or property.
For resources and tips on financial services, please
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Michael Lasson
Sr. Residential Mortgage Lender
2140 Bagnell Dam Blvd, Suite 303B
Lake Ozark, MO 65049
Direct: (573) 746-7211
Cell: (573) 216-7258
Fax:(573) 693-9141
Email: mlasson@fsbfinancial.com
NMLS #: 493712
photo credit:
Philip Taylor PT via
photopin cc
Congratulations to those that have made the decision to buy a new home and happy planning to those still considering!! There are many important things to consider throughout the process, especially if you're a first-time home buyer. Here is some information that will help keep you on track .
In General....
- A home purchase may be your largest financial transaction to date, so it's important to make the right decisions and to keep an eye on the details. With the assistance of your Residential Mortgage Lender and real estate agent, it should be an efficient, pleasant, and ultimately rewarding experience.
Count On Your Real Estate Agent To:
- Preview available homes to weed out those that are overpriced, or undesirable in some other way.
- Present the homes that suit your needs as you've defined them.
- Help you determine the difference between a "good buy" and a property which, because of its nature (neighborhood, market appeal, etc.), might have to be discounted if you decide to sell in the future.
- Negotiate the best deal for you. Once you are Pre-Qualified for your loan, your Real Estate Agent will be able to demonstrate that you are a qualified and capable borrower. This will strongly influence the Seller, and may make the difference between the Seller accepting your offer or someone else's -- even if your offer is lower!
Count On Your Loan Officer To:
- Assist you in selecting the best loan to meet your personal situation and goals. (This single decision can save you thousands of dollars throughout the years!)
- Keep you informed of your loan status throughout the entire process.
- Keep your Real Estate Agent informed of our loan progress (Note: your personal information is always kept confidential between you and us; only deal points and progress are shared).
- Get the appropriate loan for you at the best rates and fees. This will save you significant money "up front" and throughout the years to come.
Count On Yourself To:
- Keep your Real Estate Agent informed of any questions or concerns as they develop.
- Keep the process moving by providing documentation and decisions as soon as reasonably possible. By doing so, many of the details are taken care of early in the process so you can comfortably concentrate on any last-minute details or events that require your attention.
- Enjoy purchasing your home, but do remain objective throughout -- to make the business decisions that are best for you.
- Make sure you get pre-approved for your home loan as early as possible. This will put the power of financing behind you so you can concentrate on selecting your home.
For resources and tips on financial services, please
LIKE my Facebook Page, Follow me on Twitter or Connect on LinkedIn
Michael Lasson
Sr. Residential Mortgage Lender
2140 Bagnell Dam Blvd, Suite 303B
Lake Ozark, MO 65049
Direct: (573) 746-7211
Cell: (573) 216-7258
Fax:(573) 693-9141
Email: mlasson@fsbfinancial.com
NMLS #: 493712
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