HOW SIMPLE IS IT?
Here are the 5 Simple Steps

Step 1

You have a customer that has inquired about, or may benefit from, a Reverse Mortgage. Did you know that reverse mortgages are FHA loans that do NOT have minimum credit score or max DTI calculation?

Step 2

You call 833-765-LOAN or email simple.reverse@midamericamortgage.com and our Reverse Mortgage Loan Officer Assistant we will perform a reverse mortgage pre-qualification with you and customer.

Step 3

If an application is taken the mortgage lender will sign one page loan level TPO agreement with Mid America Mortgage.

Step 4

Our Loan Officer Assistant will walk arm in arm with you and your customer through the 30 day process from counseling to close

Step 5

At funding Mid America Mortgage pays the mortgage lender a 2.5% TPO fee and the Loan Officer earns his/her normal commission.