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.
Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.
This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.
Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.
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.
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.
5%
1%
5%
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%
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%
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.
January 13, 2021With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer depends […]
January 5, 2021A tidy, tasteful home will catch any buyer’s eye. That’s why many people put effort into fixing up—and even staging—the interior of their home before putting it on the market and hosting open houses. But did you know that an unkempt exterior could deter potential buyers from even setting foot in the door? That’s right. […]
December 26, 2020When you get a mortgage in , there are several options you can choose from, including FHA, VA, and USDA mortgages. The one you select will determine how big a down payment you’ll need, what credit score you should have and all the other requirements you’ll need to meet. But choosing the right mortgage product […]
December 18, 2020Cold weather is officially here, and you’ll likely want to ensure that your home is ready to deal with the ice, snow and cold temperatures. Just because everything seems to be in good shape now doesn’t mean that you won’t experience any problems over the course of the winter. Here are some repairs and inspections […]
1003 Long Prairie Rd Suite 1 Flower Mound, TX 75022
