5% Down Payment Assistance Program

Mid America has partnered with a non-profit to expand homeownership opportunities nationally. This program combines an FHA-insured first mortgage with a 5-year, fully forgivable second lien. The second lien funds can be used to pay the down payment and/or closing costs.

A Home for Misfit Loans

We offer a competitive alternative take-out for displaced loans stuck on your warehouse line or in portfolio. Mid America can bid loans within 48 hours:

Bid Tape Template

Our Process is Simple

Loans We Buy

1

Reserve/Bid Loan

Email loan information to TradeDesk@MidAmericaMortgage.com

2

Loan Registration

Submit Fannie Mae 3.2 data file.

3

Loan Review

Images submitted via DocVelocity portal. Loan underwritten prior to approval of purchase.

4

Collateral Review

We provide detailed collateral preparation and submission instructions.

5

Funding

Preparation of purchase advice and confirmation of wire instructions.

Mid America Mortgage, Inc. Correspondent
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Email The Trade Desk Trade Inquiries Only

Email Julas Hollie Sales Director

Email Jacob Morris Trading Associate

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