Posts Tagged mortgage

How Has The Housing Market Changed Since the Crash?

house on chart showing decrease in statistics

It has been 10 years since the housing market crash and financial downturn of 2008. A lot has changed since then, fortunately for the better. In today’s post we will explore the changes and help shed some light on a few misconceptions regarding the market’s current state.

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The Components of a Mortgage Payment

Ever since the 1930s, when the modern mortgage came into existence, most home buyers have relied on long term financing to pay for their purchase. The mortgage is paid over the course of many years, typically 15-30, and therefore the payments are broken down by month. However, in a conventional mortgage, each monthly payment does not go directly toward the mortgage principal. Interest, insurance and taxes are also usually included in the overall cost of the loan, so a portion of each payment must go toward each of these components.

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Should you use your tax refund to pay down your mortgage?

100 dollar bill

If you’re expecting to receive a tax refund this year, you may be wondering about the best way to use it. If you’re a homeowner, you might have considered putting it toward your mortgage. After all, the faster you can pay down your mortgage balance, the faster you’re able to build equity. But is this really the best way to use your tax refund? The answer may be different for different people, and may depend on several different factors. We’ll¬†explore some of those factors in this post. Before you decide to put your tax refund toward your mortgage, consider the

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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
Find a Branch Location
Make a Mortgage Payment

Wholesale Division
550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
Toll Free: 855-528-4572

Join the TEAM

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.

Visit our CAREERS PAGE for more information. We're Hiring on ZipRecruiter