Mid America Mortgage, Inc.

Mid America Mortgage, Inc. is a full-service mortgage lender offering retail and wholesale mortgage programs in 45 states of America. With a 76-year-old market footprint, this company has extensive experience offering a wide variety of home financing options for every type of borrower.

Whether you’re a first-time homebuyer or an experienced mortgage broker, MAM prides itself on utilizing the best technology and tools available to ensure a smooth and hassle-free lending process for its customers. Mid America Mortgage is also the nation’s leading provider of Section 184 home loans for Native Americans.

Mid America Mortgage Retail Loan Options

Fixed-rate home loans

For borrowers looking for a low down payment program, MAM offers a variety of fixed-rate home loan solutions. Fixed-rate mortgages are a great option for first-time homebuyers because the interest rate remains the same over the entire length of the loan. Borrowers also have fixed principal and interest payments, making this an ideal option for customers on a budget.

FHA loans

FHA mortgages are a popular financing option for first-time homebuyers, repeat homebuyers, and borrowers interested in refinancing their homes. With a down payment as low as 3.5% and low credit score restrictions, FHA loans make homeownership realistic for buyers that may not be able to afford it otherwise.

MAM also offers FHA cash-out financing for borrowers interested in lowering their monthly payments or shortening the term of their loans.

First-time homebuyer loans 

MAM offers loan options tailored toward first-time homebuyers.

Here are some of the most popular programs for first-time buyers:

USDA rural housing loans

A $0 down payment program

VA loans

A $0 down payment program for eligible veterans and military

FHA loans

Down payments as low as 3.5% with low credit score requirements


Down payments as low as 3.0%

Home Possible

Down payments as low as 3.0%

203K Renovation loans

Down payments as low as 3.5%

Jumbo home loans

Jumbo mortgage loans are used to finance properties that exceed conventional conforming loan limits. In most parts of the country, jumbo loans are necessary for homes that cost more than $510,400.

MAM offers a variety of jumbo loans, including fixed and adjustable-rate, Bank Statement qualifiers, 95% financing options, and interest-only loans.

Renovation (203k) home loans

For borrowers interested in purchasing a home that needs improvements, 203K streamline financing is a great option, with only 3.5% down required. Mid America Mortgage 203K streamline loans will finance a home and up to $35,000 in eligible improvements that don’t include structural work.

USDA home loans

To make home-buying more affordable in less populated parts of the United States, USDA Rural Housing loans offer zero down payments and up to 100% financing for low to moderate-income borrowers. These home loans tout competitive mortgage rates and less restrictive requirements that make homeownership a reality for borrowers living in the rural US.

VA home loans

For veterans, active duty US military, and their families, VA loans require zero down payment, lower credit score consideration, and do not require mortgage insurance. Refinance VA loans are also available through Mid America Mortgage, with streamlined options available for customers with an existing VA mortgage.

Section 184 home loans

1st Tribal Lending, a Mid America Mortgage brand, specializes in building Native American homeownership and has closed thousands of home loans for Native Americans around the country.

The Section 184 Indian Home Loan Guarantee Program is designed to make homeownership more affordable for American Indian and Alaska Native families, Alaska Villages, Tribes, and Tribally designated housing facilities.

Mid America Mortgage Wholesale Lending Division

Mid America Mortgage’s Wholesale Division offers mortgage brokers and correspondent lenders several home loan products. Customers can browse through ten different programs and contact a MAM account executive to obtain more information.

Conforming Standard Balance

This loan type has 30, 25, 20, and 10-year term options and has a minimum loan amount of $50,000.

Conforming High Balance

This loan program has a minimum amount of $484,351, with 30 and 15-year terms.

FHA Standard Balance

This loan type is more flexible than MAM’s other wholesale programs, with exceptions to guideline requirements made allowable on a case-by-case basis.

FHA High Balance

Like FHA Standard Balance, this loan type also allows exceptions to guidelines on a case-by-case basis with 30 to 15-year terms.

VA Standard Balance

This loan type requires borrowers to have a minimum credit score of 620 with 30, 25, 20, and 15-year term options.

VA High Balance

This loan type has a fixed 30-year term with a maximum loan amount of $1,000,000. Exceptions can be made to VA High Balance guidelines on a case-by-case basis.

USDA Retained

No minimum down payment is required on this loan type, but asset verification is required. USDA retained loans allow customers to expand their offerings with this financing solution.


Wholesale Jumbo loans are great solutions for amounts exceeding conforming loan amounts.


This loan type has a minimum amount of $100,000 and covers primary residences, second homes, and investment properties.


The One Time Close Construction program offers FHA, VA, USDA, and RD Construction/Permanent loans. These loans are administered through National Capital Funding (NCF) and have a fixed rate of 30 or 15-year loans which consists of construction and then a permanent phase.

Mid America Mortgage Resources

MAM offers various helpful resources to help borrowers shop smart and make the most of their lending process.

The Mid America Mortgage Blog posts information on industry hot topics, company updates, helpful “How To” articles, and market insights that can be valuable to potential homebuyers.

Mid America Mortgage’s website also features a mortgage calculator that helps borrowers predict their monthly payments depending on certain factors like loan type, term, purchase price, and interest rate.

In addition, there’s a free home valuation tool available to everyone (not just MAM customers) that will instantly calculate your home’s value after completing a short form including your name, phone number, home address, and email address.

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