3 of the most popular Magnolia home loans we provide here at Mid America Mortgage Magnolia 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 Magnolia 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.
If you are a first time homebuyer or just thinking about getting back into the market after a brief hiatus, your timing couldn’t be better! Yes, it’s a big step that requires some upfront costs, but the long-term benefits more than make up for itin the end. Aside from having a place to call your […]
In ringing in the new year, we celebrate the past and make new goals for the future. We also welcome the new year’s “it” color. For over 20 years, The Pantone Color Institute has been responsible for choosing the annual color that will influence product development and purchasing decisions in many industries, including fashion, home […]
While it can be overlooked often times, a homeowner’s equity helps build long-term wealth over time. So, as home values climb, your equity does too. That’s exactly what’s happening today. There aren’t enough homes on the market to meet buyer demand, so bidding wars and multiple offers are driving prices up. That’s because people are […]
The roof is one of the most important parts of any house. It serves as a barrier against hail, ice, snow, and rain, as well as branches and debris. In this article, you will learn what you need to do to keep your roof in top shape to protect your home for years to come. […]