Midwest Mortgage Professionals

What Midwest Mortgage Professionals does

Midwest Mortgage Professionals, Inc. is a privately held retail mortgage broker headquartered in Berwyn, Illinois. The firm originates and arranges residential home loans on behalf of borrowers, with a stated product menu spanning conventional, FHA, VA, USDA, jumbo, refinancing, reverse mortgage, and home equity products. The business operates from a single physical office and serves the Illinois market; no multi-state footprint is documented. Loan officers and support staff are sized between 11 and 50 employees per the firm's self-reported profile.

The company runs a website that combines an informational presence with an online mortgage application portal, enabling remote borrower intake alongside in-person service. A third-party UserWay accessibility widget is deployed on the site, indicating attention to WCAG-style accessibility compliance. The firm holds an active Illinois Department of Financial and Professional Regulation license under NMLS ID 1614643, which is the primary regulatory anchor enabling its origination activity.

The revenue model is brokerage-based: the firm earns origination and/or yield-spread premium compensation from lenders on closed loans rather than holding loans on its own balance sheet. Customer acquisition is driven by direct retail channels (website, phone, in-office walk-ins) with no disclosed referral partnerships, institutional anchors, or marketing automation. Operational scale is small and single-state, with no disclosed loan volume, production data, or financial performance metrics in the available inputs.

Name

Midwest Mortgage Professionals

Legal name

Midwest Mortgage Professionals Inc

Website

https://mwmtgpro.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Midwest Mortgage Professionals is an independent Illinois-based retail mortgage broker offering conventional, FHA, VA, USDA, jumbo, and refinance products to individual borrowers from a single Berwyn office with online application intake.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industries

Retail Residential Mortgage Brokers (Purchase & Refinance) (FSALABAA), Reverse Mortgage Brokerage (FSAEAEAE), Reverse Mortgage Origination (HECM & Proprietary) (FSALAIAA), Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM), Cash-Out Refinance Origination (FSALAAAF)

Keywords

• Residential mortgage lending
• Home loan origination
• Mortgage refinancing services
• Government-backed mortgages
• Conventional mortgage products

Headquarters

HQ city

Berwyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mortgage Origination: Revenue generated from originating mortgage loans including origination fees, points, and closing costs charged to borrowers at loan closing
2. Interest Income: Interest earned on held mortgage loans or gain on sale of originated loans to secondary market investors such as Fannie Mae and Freddie Mac

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Midwest Mortgage Professionals, Inc. originates residential mortgage loans for home purchase and refinance, offering a broad product portfolio that includes conventional (Fixed Rate, ARMs, Hybrid ARMs, Interest Only, Graduated Payment, Balloon), Jumbo, government-backed (FHA, VA, USDA), HARP 2.0, and Reverse Mortgages, along with Private Mortgage Insurance options. Customers can apply online through a secure loan application portal, pre-qualify, use interactive mortgage calculators, or visit the Berwyn, Illinois office for in-person consultations.

Product overview

Midwest Mortgage Professionals is a mortgage lending company offering a comprehensive suite of home financing products through a technology-enabled platform. The core offerings include Home Purchase Loans and Home Refinance Loans, supported by government-backed programs such as VA Loans, FHA Loans, and USDA Loans. Their conventional product portfolio spans Fixed Rate Mortgages, Adjustable Rate Mortgages (including Hybrid ARMs), Interest Only Mortgages, Graduated Payment Mortgages, Balloon Mortgages, and Reverse Mortgages. Specialty products include Jumbo Loans for high-value properties and HARP 2.0 Refinance for underwater homeowners. They also offer Private Mortgage Insurance (PMI) products and digital tools including interactive mortgage calculators and a secure online loan application system. The company integrates technology to enable customers to submit complete loan applications and pre-qualify online.

Differentiator

Problem solved

Functional benefit

Products and services

• Home Purchase Loans Mortgage loans for individuals purchasing a new home, supported by online secure loan applications and pre-qualification options for Illinois residents.
• Home Refinance Loans Refinance options allowing existing homeowners to modify their current mortgage terms, change interest rates, or access equity from their home.
• VA Loans Veterans Administration-backed home loans offering 100% financing, no PMI, competitive interest rates, and flexible credit requirements for eligible military veterans, active duty service members, and their families.
• FHA Loans Federal Housing Administration-insured mortgages allowing individuals to purchase homes with as little as 3.5% down payment, designed for first-time homebuyers and those with limited credit history.
• USDA Loans Zero down payment mortgages for low-income buyers purchasing homes in designated rural and suburban areas with competitive interest rates.
• Jumbo Loans Non-conforming conventional mortgages for properties exceeding the FHFA conforming loan limit, available with fixed or adjustable rates.
• Fixed Rate Mortgages Traditional residential mortgages with constant monthly principal and interest payments, available in terms from 10 to 30 years.
• Adjustable Rate Mortgages (ARMs) Residential mortgages with variable interest rates that adjust based on market conditions after an initial fixed period, offering lower initial rates than fixed mortgages.
• Hybrid ARMs (3/1, 5/1, 7/1, 10/1) Fixed-period ARMs combining features of fixed and adjustable rate mortgages, with initial fixed rates for 3, 5, 7, or 10 years before converting to adjustable rates.
• Interest Only Mortgages Residential mortgages allowing monthly payments covering only interest for a set period, after which principal repayment begins.
• Graduated Payment Mortgages Mortgages with payments that increase each year for a predetermined period before becoming fixed, designed to help borrowers qualify when interest rates are high.
• Balloon Mortgages Short-term residential mortgages with fixed rates for 5 or 7 years, after which the remaining balance becomes due.
• Reverse Mortgages Home equity loans allowing qualifying homeowners to convert equity to cash while retaining ownership, with no repayment required while the borrower lives in the home.
• HARP 2.0 Refinance Home Affordable Refinance Program for underwater homeowners owing more than their home is worth, requiring loans to be backed by Fannie Mae or Freddie Mac.
• Private Mortgage Insurance (PMI) Insurance arranged on conventional mortgages with down payments less than 20%, protecting the lender against borrower default.

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Recent moves3 records

Broad incumbents

• Caliber Home Loans: Nonbank retail mortgage lender with conventional, government, and specialty loan products; comparable in offering a full product suite but with multi-state scale and servicing capabilities.
• NewRez (New Residential Mortgage): National nonbank mortgage originator and servicer covering purchase, refinance, FHA, VA, and reverse mortgages; broader scale and servicing infrastructure but same underlying retail origination activities.
• Rocket Mortgage: Largest U.S. direct-to-consumer mortgage lender; competes for the same purchase and refinance borrowers through a fully digital application experience. Sets the benchmark for digital mortgage that small independents compete against.
• loanDepot: National retail mortgage lender offering conventional, government, and refinance products through both direct-to-consumer and retail channels; broader scale and geographic reach than Midwest Mortgage Professionals but overlapping product portfolio.
• United Shore Financial Services (UWM): Largest U.S. wholesale mortgage lender; relevant as the wholesale funding partner that many small independent brokers — including Midwest Mortgage Professionals — can use to source loan products.

Direct peers

• Guaranteed Rate: Large independent retail mortgage lender operating across multiple states with a similar mix of purchase, refinance, FHA, VA, and jumbo products; comparable in offering a tech-enabled application alongside loan-officer-led service.
• Movement Mortgage: Privately held, purpose-driven retail mortgage lender with a distributed branch model offering conventional, FHA, VA, and USDA loans — strong analog to a community-rooted independent originator.
• PrimeLending: National retail mortgage lender (PlainsCapital subsidiary) offering purchase, refinance, FHA, VA, USDA, and jumbo loans through a branch network; highly comparable product mix and customer segments.
• Fairway Independent Mortgage Corporation: Privately held retail mortgage lender with a branch model serving purchase and refinance borrowers, including FHA, VA, and USDA programs — a close analog to Midwest Mortgage Professionals' product breadth and neighborhood-branch GTM.

Emerging players

• Better.com: Direct-to-consumer digital mortgage lender competing for the same refinance and purchase customers; represents the digital-native model that small independents must differentiate against rather than replicate.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MidwestMortgageProfessionals
• LinkedInlinkedin.com/company/midwest-mortgage-professionals-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Midwest Mortgage Professionals