We are excited to announce that we are changing our company name from Mid America Mortgage, Inc. to Click n’ Close, Inc. effective June 27th, 2022.

Get financing assistance for purchasing a home and covering renovation costs up to $35,000 in eligible updates in a single loan. Perfect for someone looking to buy a home and make some improvements.

203k Home Loans Addison

With only 3.5% down required, 203K Streamline financing can be the perfect choice for first time home buyers!

Basics of 203K Streamline Loans

203K Streamline Loans allow borrowers to obtain financing for a home PLUS get up to $35,000 for eligible improvements that do not include structural work. Licensed contractors must be used to complete the work.

The loans are available for most types of owner occupied properties including 1-4 unit homes, condos, and flats. Condos and homes in planned unit developments (PUDs) must be in FHA approved projects.

Additional Features Include

More on 203K Loans

  • Repairing and/or replacing roofs, gutters and downspouts
  • Repairing and/or replacing of existing HVAC systems
  • Repairing and/or replacing plumbing and electrical systems
  • Flooring repair and replacement
  • Minor remodeling which does not involve structural repairs
  • Interior and exterior painting
  • Weatherization and energy efficiency improvements such as storm windows and doors, insulation, and weather stripping
  • Purchase and installation of appliances. This may include: free-standing ranges, refrigerators, washers/dryers, dishwashers and microwave ovens
  • Accessibility improvements for individuals with disabilities
  • Lead based paint stabilization or abatement
  • Repair, replacement, or addition of exterior decks, patios, and porches
  • Basement finishing and remodeling
  • Waterproofing basements
  • Window and door replacements and exterior wall re-siding
  • Septic systems and/or well repairs or replacement
  • Landscaping
  • Major remodeling such as moving a load bearing wall which may require the work of an architect and/or paid consultant.
  • Project to repair damage to the structure of a home.
  • Building additions to a home.
  • Work must start within 30 days of closing and should not take more than six months to complete.
FHA Standard 203K rehab loans are only available for owner occupied residential properties.
There is a cap of two payments per contractor. This includes the borrower if they’ve proven the ability to complete the work on their own. Note that if the borrower is working on the repairs themselves, there is no allowance for labor. Borrowers may not receive more than 50% of the disbursement in advance.
Questions? Contact Mid America Mortgage, Inc. Today!

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Mid America Mortgage

Mid America Mortgage Inc. is excited to announce that our Servicing Division goes live November 4, 2019. On this date, our employees will be begin servicing our retained loans with a new, efficient system. For more information, please read this.

If you have any questions, please reach Mid America Mortgage Inc. by calling: (888) 845-6535 or emailing customerservice@midamericamortgage.com. The customer service hotline is open Monday through Friday 8:00 am – 6:00 pm CST and Saturday 8:00 am – 12:00 pm CST.

If you are a 1st Tribal Lending or 184 customer, please click here to access your account.