3 of the most popular Houston home loans we provide here at Mid America Mortgage Houston 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 Houston 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.
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.
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November 14, 2019The big improvements always get all the glory, but what about all those little projects around the house? Sure, they may not be as gratifying as ripping out cabinets, but tackling necessary home maintenance chores now will save you big headaches down the road. So before you undertake another huge home improvement, check out these […]
6018 FM 1488 Magnolia, TX 77354
