DFW Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

Apply Online Questions?
Rick Morgan

Rick Morgan

Loan Officer

(972) 755-4876
NMLS #1461941

Which Home Loan is Right for You?

3 of the most popular DFW home loans we provide here at Mid America Mortgage DFW are listed below. We've highlighted just a few of the key differentiators between these mortgage types that will help you understand which one may be best suited for your needs. If you'd like to learn more about all the DFW home mortgage products we offer, please click below.

Conventional Home Loans DFW

Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.

  • Lower Rates
  • Flexible Terms
  • Fixed or Adjustable
Learn More

FHA Home Loans DFW

This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.

  • Lower Credit Requirements
  • Smaller Down Payment
  • Competitive Rates
Learn More

VA Home Loans DFW

Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.

  • 0% Down Payment
  • No Mortage Insurance
  • No Prepayment Penalties
Learn More

What people are saying about Rick Morgan

5.00 Rating ∙ 2 Reviews on Zillow

Great Experience!

Catrina St Lewis - 04/17/2019

Rick was my loan officer and assisted me and my family through the loan process while shopping for a house. I am thankful for his knowledge and expertise and all that he did to support us and because of that support we were able to successfully purchase our very first home. Rick and his team are amazing and I cannot say enough other than to say I am so grateful for all that was done to ensure our happiness through this process.

Loan Type FHA
Loan Purpose Purchase
Loan Program 30 Year Fixed
Mortgage services provided by Rick Morgan

Highly Recommend!

Kevin R - 04/13/2018

Rich and his entire team were a dream to work with. I am self-employed, which can create some challenges when going through the process of buying a house. Rick was patient, knowledgeable, even-keeled, and kept us updated and encouraged throughout the process. I couldn't recommend him more highly. We just closed on a beautiful home last week and will be utilizing him again.

Loan Type Conventional
Loan Purpose Purchase
Loan Program 30 Year Fixed
Mortgage services provided by Rick Morgan

Calculate Your Mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly Mortgage Insurance $0

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

0%

1%

5%

$
$

$1421

Monthly VA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Purchase Price $1421

VA Funding Fee $1421

Amount Financed $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.

What's Your Home Worth?

Thinking About Selling This Winter? November 18, 2020

Thinking About Selling This Winter?

If you’re thinking about moving, selling your house this winter might be the way to go. Here are four market trends that you should take note of when making your decision. Buyers Are Active It’s clear that buyers are ready, willing, and able to purchase – and they’re in the market right now. In many […]

Things To Know Before Filing A Homeowner’s Insurance Claim November 11, 2020

Things To Know Before Filing A Homeowner’s Insurance Claim

Not all homeowners insurance policies are created equal. When it comes time to file a claim, many homeowners find that their policy covers only certain types of damage. As a homeowner, you should thoroughly read your policy before you need it. Review your declarations page in order to fully understand what your policy covers and […]

Fall Yard Work Tips November 4, 2020

Fall Yard Work Tips

Autumn is hardly the time for homeowners to ignore their lawns and landscapes. In fact, what they do now will determine the quality of their family yard next spring and summer. During the pandemic, homeowners have been rediscovering the importance of connecting to the outdoors. That has translated into record sales in yard and garden […]

Sherwin-Williams Announces 2021 Color of the Year October 27, 2020

Sherwin-Williams Announces 2021 Color of the Year

Paint company Sherwin-Williams announced its 2021 color of the year: “urbane bronze.” The hue is said to instill calmness and has ties to nature, Sherwin-Williams says. “The home is now the ultimate retreat from the world, and color is an easy and effective way to create a personal haven,” says Sue Wadden, director of color […]

X
Contact Rick Morgan

Rick Morgan - Loan Officer

NMLS# 1461941

(972) 755-4876

1003 Long Prairie Rd Suite 1 Flower Mound, TX 75022

Get Directions