ADDISON, Texas, Jan. 14, 2021 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced it has added down payment assistance (DPA) to the slate of mortgage products and services offered through its correspondent division. This is an expansion of the DPA program Mid America created for its retail channel in 2019 in partnership with the Rosebud Economic Development Corporation.

“DPA programs are a vital tool for expanding mortgage credit access to creditworthy, cash-poor homebuyers,” said Mid America Owner and CEO Jeff Bode. “Given the success Mid America has experienced amongst its retail borrowers, we felt the time was right to expand this opportunity to our correspondent customers so that they, too, could help borrowers take advantage of the market’s low interest rates and begin their homeownership journey.”

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