Charlotte Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

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Michael Bogar

Michael Bogar

Producing Branch Manager

(704) 659-2675
NMLS #49843

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Which Home Loan is Right for You?

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

Conventional Home Loans Charlotte

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
Conventional Loans

FHA Home Loans Charlotte

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
FHA Loans

VA Home Loans Charlotte

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
VA Loans

Calculate Your Mortgage

$

5%

1%

5%

0%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly PMI $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.
$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Up-Front MIP (1.75%)$0

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%

5%

1%

$
$

$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?

How to Keep Your Home Safe: The Power of Smart Technology September 6, 2024

How to Keep Your Home Safe: The Power of Smart Technology

Your home is not just a shelter; it’s where your family lives and where your most valuable possessions are stored. Keeping it safe from dangers like fires, floods, and other hazards is crucial. Fortunately, advancements in technology have made protecting your home easier and more effective than ever before. In this blog, we’ll look at […]

How to Clean the Air in Your Home and Keep It Healthy August 30, 2024

How to Clean the Air in Your Home and Keep It Healthy

The Importance of Clean Air in Your Home The air quality in your home plays a crucial role in your overall health and well-being. With the increasing concerns about pollution and allergens, ensuring that the air inside your home is clean and healthy is more important than ever. Here’s how you can clean the air […]

8 Ways To Get Your Home Fall Ready August 24, 2024

8 Ways To Get Your Home Fall Ready

New Takes On Autumn Decorating As summer’s warmth fades into the cool, crisp days of fall, it’s the perfect time to transition your home into a cozy, inviting space that reflects the changing season. Beyond the traditional pumpkin decorations and warm blankets, there are new, innovative ways to get your home ready for fall. Here […]

Maximizing the Potential of Your Spare Bedroom August 16, 2024

Maximizing the Potential of Your Spare Bedroom

Creative Ideas and Practical Uses A spare bedroom is a valuable asset in any home, offering the flexibility to serve various functions depending on your needs and lifestyle. Rather than letting it become a catch-all storage space, consider transforming this room into a purposeful area that enhances your daily life. Whether you’re looking to create […]

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Contact Michael Bogar

Michael Bogar - Producing Branch Manager

NMLS# 49843

(704) 659-2675

1300 Baxter Street, Suite 259 Charlotte, NC 28204

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