About Mid America Mortgage, Inc.
Our Mission Statement.
As a professional Residential Mortgage Loan Originator with almost 9 years of finance experience, I can offer you a personalized financial strategy, not just a generic mortgage program.
The mortgage we design together will be based on your unique situation, your attitude and preferences, and your financial goals. It will be designed to account for change, both in the market and in your circumstances, so that it can work with you and for you.
My approach to mortgage financing is straightforward: I focus on becoming your partner in building the future you desire. As we work together, I’ll thoroughly explain the programs I recommend, so that you’ll be fully comfortable with all aspects of your new home loan.
Every decision we make will be focused on achieving the results you want. My mission is to help my clients make informed decisions through professional advice, individualized planning, sound risk management, quality products, and personal, efficient service.
The services I guarantee to provide my Clients:
- Strict Confidentiality
- Courteous, Professional Service
- A Trustworthy and Competent Residential Mortgage Loan Originator
- Suitable Recommendations
- Timely Transactions at the Best Available Prices
- Full Disclosure of Costs and Risks
- Clear Communication
Trying to find the right home loan can be difficult. Finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed. See why people like YOU choose US!
Fortunately, at Mid America Mortgage, Inc. our mission is to set a high standard in the mortgage industry. We are committed to quality customer service – putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today .
You will find that the skill, professionalism, and consideration we give to each of our clients make getting your loan a successful endeavor.
Give us a call today at 915-400-9089 for a free, personalized consultation. You can also apply online. It is fast, secure, and easy.
Why wait? Let us go to work for you!
While many people deciding on a loan product rely exclusively on their lenders recommendation, you should understand the basic difference between a USDA loan and a Conventional Loan. The term Conventional Loan includes all loans under the current FNMA and FHLMC lending limits.
Most people that have heard of USDA loans tend to associate them with purchase money transactions. While purchases are the most common use, USDA loans are also available for rate and term refinance loans.
The main advantage of a USDA vs. Conventional loan is that down payment or Equity requirements are less. In comparing a purchase money USDA loan against a Conforming or A paper loan, the USDA loan will generally have a lower payment. USDA loans will allow the borrower who has had a few “credit problems” or those without a credit history along with those with great credit to buy a home. A USDA Underwriter will require a reasonable explanation of derogatory items, but will approach a person’s credit history with common sense credit underwriting. . Most notably, borrowers with extenuating circumstances surrounding bankruptcy that was discharged 2 years ago can be approved for maximum financing. Conventional A Paper financing, on the other hand, would require 4 years to have passed to be eligible for consideration.
If a borrower does have past credit issues a USDA loan may have a significantly lower rate than the alternative conventional loan. Conventional programs generally have higher interested rate of require a larger down payment or Equity position. Many of these alternative loan products have Pre Payment penalties where as a USDA loan do not have such penalties.