Indiana Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

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Stan Vrooman

Stan Vrooman

Senior Loan Officer

(317) 500-8699
NMLS #1326281

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?

Don’t Wait For Spring To Make A Move February 26, 2021

Don’t Wait For Spring To Make A Move

The housing market boom during the first part of 2021 has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this an ideal time to make a move. Here are some of the […]

What Not To Do After Applying For A Mortgage February 19, 2021

What Not To Do After Applying For A Mortgage

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – […]

Second Home vs. Investment Property February 12, 2021

Second Home vs. Investment Property

Second home, investment property, vacation home, rental property…..Is there any real difference among them? There are actually some very big differences between second homes and investment properties, especially if you are obtaining financing for one. Second Home A second home is just that: a second property where you and your family spend time, away from […]

Valentine’s Day Home Improvement Ideas February 5, 2021

Valentine’s Day Home Improvement Ideas

Greeting cards, romantic dates, flowers, and chocolates are the gold standard for Valentine’s Day. But this year, why not do something different? The best Valentine’s Day gifts are those that can be enjoyed for years. DIY or home improvement projects create lasting memories reflective of a special bond between people. It’s less about the actual […]

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Contact Stan Vrooman

Stan Vrooman - Senior Loan Officer

NMLS# 1326281

(317) 500-8699

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

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