



Own your home for less!
Welcome to MID AMERICA MORTGAGE SERVICES of ILLINOIS
ensuring your complete satisfaction since 1993!
You have options when choosing a mortgage lender…let our family
of professionals be your family’s first choice to own your home for less.
Conventional Loans
Advantages
• Monthly payments are fixed.
• Interest rate does not change.
• Protected if rates go up.
• Can refinance if rates go lower.
Disadvantages
• Higher interest rate
• Higher mortgage payment
• Rate doesn't go lower if rates improve.
VA Loans (No Down Payment)
Advantages
• 100% financing no money down.
• No PMI.
• Borrower can pay closing costs.
• Potential lower rate.
Disadvantages
• Must pay or finance VA funding fee.
USDA Loans (No Down Payment)
FHA Loans
Advantages
• 3.5 % down
• Lower Mortgage Insurance then conventional loan.
Illinois Residential Mortgage Licensee

Free Approval
618-985-2166