NMLS# 150009

4.8 of 5stars220 Reviews

Mid America Mortgage, Inc

  • Recommended Lender
    Recommended 97%
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Lender Summary

Mid America Mortgage has been a trusted resource in residential lending since 1940. We are dedicated to the customer experience. We offer a broad range of products including Conventional, FHA, and VA loans. We are a Ginnie Mae and Fannie Mae approved direct correspondent lender. This allows us to offer customers the absolute best market rates available with no pass through fees from major banks. Our lending professionals are dedicated to offering a customer experience that is quick, easy, informative, and rewarding.

What they're saying

Ratings & Reviews
220 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Excellent
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

Showing 3 star reviews | Show all reviews

Make Sure You Get What is Promised

I refinanced and took money out. Mid Americia came in with a lower rate at last minute so I went with them even though they weren't my first choice. Sent in all the paperwork and received a GFE with the rate promised. A few day later I was called and told they couldn't honor that rate and had to give me another that was higher with higher closing costs. It was about the same rate as the other lender had gave me so I just stayed since I had filled out all the paperwork. I asked to have the closing costs added to the loan. All the GFE statements kept saying the total amount that I had asked for less closing costs. I kept asking shouldn't that amount be higher to include closing costs and I was told there was no place to put tha in on the GFE and could be added later. A closing date was set and I asked about it again and was told there was a miscommunication and they were sorry. The miscommunication was they chose not to listen when I asked about it. They told me they could go back to underwriters to ask for more money but closing was 2 days away and I really didn't want any delays so I said let it go through as is. In the end I ended up being short on the talkeout money. Make sure they can honor the rate they give and make sure your loan amount reflects any costs associated with loan if you want then rolled in. The one good thing is it only took about 3 weeks to close

  • LendingTree Customer:

    Yes
  • Loan Type:

  • Review Type:

    Lender Review

Make Sure You Get What is Promised

I refinanced and took money out. Mid Americia came in with a lower rate at last minute so I went with them even though they weren't my first choice. Sent in all the paperwork and received a GFE with the rate promised. A few day later I was called and told they couldn't honor that rate and had to give me another that was higher with higher closing costs. It was about the same rate as the other lender had gave me so I just stayed since I had filled out all the paperwork. I asked to have the closing costs added to the loan. All the GFE statements kept saying the total amount that I had asked for less closing costs. I kept asking shouldn't that amount be higher to include closing costs and I was told there was no place to put tha in on the GFE and could be added later. A closing date was set and I asked about it again and was told there was a miscommunication and they were sorry. The miscommunication was they chose not to listen when I asked about it. They told me they could go back to underwriters to ask for more money but closing was 2 days away and I really didn't want any delays so I said let it go through as is. In the end I ended up being short on the talkeout money. Make sure they can honor the rate they give and make sure your loan amount reflects any costs associated with loan if you want then rolled in. The one good thing is it only took about 3 weeks to close

  • LendingTree Customer:

    Yes
  • Loan Type:

  • Review Type:

    Lender Review

Ups and Downs

I filled my info out on Lendingtree and started getting calls. I had decided to go with another lender and Mid Americia came in at the last minute with a lower rate. I advised them to start the process. I did the application online and sent everything back to lock in the rate. They sent me a GFE with the rate I was quoted. A couple of days later, I was called and told they could't do the rate quoted because of some rules in my state. The rate now would be what the other lender had quoted me with higher closing costs. They sent me a new GFE. I looked at my options and since I had already submitted so much paperwork I decided to stay with Mid Americia.I didn't want to pay any closing costs out of pocket so I asked them to add them to loan. The GFE never showed the amount added on and I kept asking shouldn't the total be more and was told there was no place to add it to the GFE and it could be added any time. Well it never got added to the GFE and I was money short of where I wanted to be. Two days before closing, I was told they could go back and ask for more money and I said just let it go through so it wouldn't delay the closing. The good part is everything went through pretty fast. Make sure they can give you the interest rate you are quoted and there are no special rules in your state that would make it change. Make sure the person working for you understands what you are trying to do. If you are rolling in your closing costs into your loan, make sure the GFE reflects that amount included. I provided all the info and either it was misunderstood or ignored.

  • LendingTree Customer:

    Yes
  • Loan Type:

  • Review Type:

    Lender Review

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LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

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