Houston Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

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Patrick Morales

Patrick Morales

Senior Loan Originator

(281) 964-9368
NMLS #904228

Which Home Loan is Right for You?

3 of the most popular Houston home loans we provide here at Mid America Mortgage Houston 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 Houston home mortgage products we offer, please click below.

Conventional Home Loans Houston

Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.

  • Lower Rates
  • Flexible Terms
  • Fixed or Adjustable
Learn More

FHA Home Loans Houston

This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.

  • Lower Credit Requirements
  • Smaller Down Payment
  • Competitive Rates
Learn More

VA Home Loans Houston

Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.

  • 0% Down Payment
  • No Mortage Insurance
  • No Prepayment Penalties
Learn More

Calculate Your Mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly Mortgage Insurance $0

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

0%

1%

5%

$
$

$1421

Monthly VA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Purchase Price $1421

VA Funding Fee $1421

Amount Financed $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.

What's Your Home Worth?

December 5, 2019

Should You Rent Or Own If You’re Retired?

For many of us, the decision to rent or buy is dictated by our income. But for retirees, who are typically on a fixed income, deciding between renting and buying isn’t such a simple calculation. Retirees may choose to relocate for a variety of reasons, including downsizing, being closer to family, or to enjoy a […]

November 28, 2019

Selling Your Houston Home? Here’s How To Make It Look Its Best Before Showings

While there are many things you can do to make your property look it’s best before showing to a potential buyer, here are four of the most important aspects to highlight: Appeal Appeal reigns supreme when it comes to attracting prospective buyers. They’re looking for an attractive residence that’ll present a welcoming fa├žade and inspire […]

November 21, 2019

Places Your Home May Be Losing Heat

Keeping your home warm while keeping your electric bill low is the goal for most homeowners. If it seems like your home is always chilly but your energy bill is high, you may be losing heat. Here are some of the most common places your home can lose heat: Around Windows Your windows are one […]

November 14, 2019

Home Maintenance Projects You Shouldn’t Overlook

The big improvements always get all the glory, but what about all those little projects around the house? Sure, they may not be as gratifying as ripping out cabinets, but tackling necessary home maintenance chores now will save you big headaches down the road. So before you undertake another huge home improvement, check out these […]

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Contact Patrick Morales

Patrick Morales - Senior Loan Originator

NMLS# 904228

(281) 964-9368

6018 FM 1488 Magnolia, TX 77354

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