Central Bank of St. Louis
Central Bank of Boone County
720 E. Broadway
Columbia, MO 65201
p: 573.874.8569Email Deborah
This checklist can help you gather the documents you need to proceed with the loan.
Deborah joined the Central Bank of Boone County team in 1992, contributing over 15 years of experience in the mortgage lending field. She strives to make the loan process as smooth as possible for her customers and has the expertise to ensure they have the loan product to fit their needs. Performing the processing, underwriting and loan closing in-house allows her to deliver excellent customer service throughout the experience. Deborah is committed to the community and makes sure every homeowner's loan is a success.
The parts of your monthly mortgage payment include both repayment of the loan principal and the monthly interest on the outstanding balance. A mortgage payment can also include pre-payments on property taxes, homeowner’s insurance and monthly homeowner’s association dues into an escrow account managed by your lender. Calculate your estimated yearly costs below and monthly payment to help you decide how much you can afford.
Making the choice to buy a home is quickly followed by a plethora of other decisions you will have to carry out, like where the house will be located and what you want in your perfect new abode. One of the most important decisions you'll need to make is what type of mortgage works best for you.
This choice is crucial because it will affect your finances for the next few years, if not decades, of your life. There are so many options that first-time homebuyers, or even experienced homebuyers, might feel overwhelmed with the decision.
However, once you understand the pros and cons of the various mortgage options, this decision will be easier for you.