Indiana Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

Apply Online Questions?
Justin Helman

Justin Helman

Senior Loan Officer

(937) 638-9010
NMLS #525369

Which Home Loan is Right for You?

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

Conventional Home Loans Indiana

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 Indiana

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 Indiana

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

$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?

Tips For Homeowners Contemplating Upgrades June 11, 2021

Tips For Homeowners Contemplating Upgrades

In a time when we’re staying home more than ever, because of the COVID-19 pandemic, many homeowners are assessing their homes and seriously contemplating making interior upgrades. If you’ve been toying with the idea of a renovation—or you just want to enjoy your home more—check out these tips. Do your research Before hiring any contractor, […]

Misconceptions About Purchasing A Home June 4, 2021

Misconceptions About Purchasing A Home

Making the leap from being a renter to homeowner is a process that includes taking stock of your financial situation. For most people, the primary question is affordability. Do you have enough cash in the bank to fund a down payment, or do you have a credit score high enough to qualify you for a […]

Using Coconut Oil for Household Chores May 28, 2021

Using Coconut Oil for Household Chores

Pantry staples like vinegar and baking soda have proved to be heroes around the house for cleaning and accomplishing other household tasks. Aside from being a fraction of the cost of chemical all-purpose cleaners, they’re also nontoxic and 100% natural. But did you know there’s another edible essential that also falls in the same category? […]

How to Make a Winning Offer on a Home May 21, 2021

How to Make a Winning Offer on a Home

Homebuyers today are faced with a strong sellers’ market…a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your new home. Here are some tips for success in this stage of the homebuying process. Listen […]

X
Contact Justin Helman

Justin Helman - Senior Loan Officer

NMLS# 525369

(937) 638-9010

12900 N. Meridian Street, Suite 100 Carmel, IN 46032

Get Directions