The evolution of technology has made life easier for everyone. Everything, from information to services, is just one click away. But, probably one of the biggest and most convenient technological advancements is online banking in Branson West and Kimberling City, MO. This development has reduced the need to stand in lines, go to the post office, or schedule a meeting just to check your balance.
Here are three great benefits of online banking:
24/7 Service and Account Access
Online bank services are available 24/7 through your computer or smartphone. This means that you won't have to interrupt your schedule to drop by at the bank during their business hours. And, if your work requires you to travel a lot, you can easily monitor your account or do banking transactions on the go. Just make sure that you're connected to a secure server to keep your account and personal information protected.
Some banks even have downloadable apps, making it much easier to access your account and account history anytime, anywhere. That way, you can quickly check if a certain transaction that you made has already been cleared.
Monitor Your Account for Suspicious Activities
Some people are hesitant about online banking since they think that it's less secure. But, 24/7 access will actually allow you to catch and dispute any unauthorized transactions immediately. Your bank can even send you a notification through email or the mobile app in case it detects any unusual activities in your account.
Online Bill Payment
Paying bills can be a tedious task, especially if you have a busy schedule. Thankfully, most utility companies have adapted to online banking. Rather than writing checks and filling out forms, you can use online banking to make a payment.
Some banks will even let you set up a recurring automatic payment of the same amount. This would help settle monthly expenses like loans or insurance policies. That way, you won't have to worry about missing your payment deadlines.
Banking Made Easier
These are just some of the many advantages of online banking in Branson West and Kimberling City, MO. If you're ready to experience seamless and hassle-free transactions and account monitoring, visit Table Rock Community Bank and open an account.
EQUAL HOUSING LENDER. MEMBER FDIC.
A mortgage loan is one of the best options when planning to buy a house or moving to a new one. But, the process of applying for it can be difficult and intimidating, especially for those who are new to it.
To make the process much easier, here are some mortgage application tips you can follow:
Get a Credit report
Your credit score is the first thing that lenders look at when you apply for home loans. So, make sure to get accurate credit reports from each of the three major credit bureaus and assess them thoroughly. Incorrect information or any errors can lead to higher rates or even hinder you entirely from applying for a loan.
Once you get your reports, examine them, and see if you qualify for a loan. Most lenders require a credit score of at least 680 (620 for Federal Housing Administration or FHA loans) for someone to qualify. If it falls below that, lenders can deny the application. So, it's important to ensure you have a high credit score before getting a loan. Missed payments, frequent lateness, and other negative credit information will also reflect on your credit report and prevent your application from getting approved.
Prepare All the Paperwork
Applying for a mortgage loan has many requirements when it comes to paperwork. You'll need a full picture of your financial standing, so gather copies of your income, assets, pay stubs, tax returns, bank statements, and so on. You'll also have to prove your identity, so make sure that you have an updated and government-approved ID, like a passport or a driver's license.
If you're self-employed, you'll also need to provide documentation that includes two years' worth of tax returns. The most recent statement of your profit and loss that shows the revenues, expenses, and costs during the fiscal year may also be required by the lender.
A Bank That Offers a Seamless Application Process
A mortgage application is a long process that takes a lot of work. But, by following these tips and opting for a trusted and quality bank, you'll have your mortgage loan application easily approved. To learn more about our offers, get in touch with Table Rock Community Bank, Member FDIC. Equal Housing Lender. We have conventional, Veterans Affairs, FHA, and United States Department of Agriculture loans for you to choose from.