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.
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:
Email loan information to TradeDesk@MidAmericaMortgage.com
Submit Fannie Mae 3.2 data file.
Images submitted via DocVelocity portal. Loan underwritten prior to approval of purchase.
We provide detailed collateral preparation and submission instructions.
Preparation of purchase advice and confirmation of wire instructions.