FHA mortgages are one of the most popular home financing options for first time and repeat home buyers alike. The extremely low down payment, as low as 3.5 percent, can make it much easier to purchase a new home.
FHA loans are excellent for refinancing as well. Even homeowners without a lot of equity in their properties may be able to lower their interest rates, lower their monthly payment, or switch to a program that will better meet their needs with an FHA refinance.
FHA loans offer lower down payments and less restrictive credit score requirements when compared to many conventional loan programs. Plus, we offer FHA 203K loans allow borrowers to finance the cost of eligible home improvements into the loan amounts.
For those looking to refinance, FHA cash-out financing allows borrowers to tap into a higher portion of their equity than other conventional options. FHA streamline refinancing is a low cost option for those looking to lower their monthly payment or shorten the term of the loan.
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 firstname.lastname@example.org. 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.
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