Monthly archive for February 2014

Making Sense of a Real Estate Appraisal

kitchen

  Most home buyers know that an appraisal will show the current market value of a property. But when it comes to reading through all the information and numbers listed in the appraisal report, and knowing how your transaction is impacted by this document things often get a bit murkier. What is included in the appraisal? The report will generally start with a description of the property including elements such as the size in square feet, the age of the home, it’s condition, location, and the number of rooms. Information will be listed about the lot, the materials used to

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Is An Adjustable Rate Mortgage Ever a Good Idea?

new home

Once extremely popular among everyone from first time home buyers to experienced real estate investors, adjustable rate mortgages (also called “ARMs”) have fallen out of favor in recent years. Many home buyers and homeowners fear this type of loan, and worry that taking out an ARM will lead to drastic rate increases, an inability to afford mortgage payments, and even foreclosure. So what’s the truth about this often misunderstood loan program? Just as an adjustable rate mortgage wasn’t the right choice for everyone earlier this century, it’s not the wrong choice for everyone either. Whether an ARM makes sense depends

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Our Brands

The various mortgage brands run by Mid America Mortgage, Inc.

Contact Us

Company Headquarters:
Mid America Mortgage, Inc.
15301 Spectrum Drive, Suite 405
Addison, TX 75001
Phone: 214-261-3300
Toll Free: 866-544-7013
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Wholesale Division
550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
Toll Free: 855-528-4572

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At Mid America Mortgage, Inc. we're always looking for talented mortgage professionals to join our growing team. We're an Equal Opportunity Employer offering a highly competitive compensation and benefits package.

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