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.
Over the last five years, a surge in home prices has created substantial wealth for the middle class. According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner’s equity has grown by $64,000 just over the last 12 months alone. Since there’s an ongoing imbalance between the number of homes available for sale […]
Refreshing the main interior walls with a coat of paint can make your home look fresh, new, and more attractive for showings and open houses. The right neutral color on the walls can also give the home a cohesive look and the appearance of more square footage. It May Be Needed If your walls haven’t […]
When an appliance breaks down, it can disrupt a household’s daily routine, so having it repaired as soon as possible is usually the top priority. Appliance repair costs fall between $100 and $250, with an average cost of $175. In the event of a malfunctioning appliance, knowing the cost of repairing it can help an […]
Before committing to living in a neighborhood that you’re unfamiliar with, it is a good idea to research it thoroughly. Keeping that in mind, here are six ways you can research a neighborhood before you move in. Walkability To find out how walkable and convenient a neighborhood is, use a tool like Walk Score. If […]