Mortgage Investors Group

Mortgage Investors Group, a residential mortgage lender in the Southeast

Mortgage Investors Group (MIG) is a direct mortgage lending entity headquartered in Tennessee that offers residential financing in several Southeastern U.S. states. The company presents itself as a leading residential lender in that region and states that its business is built on personalized service and a diversified line of residential mortgage products.

Its team of loan officers assists applicants based on their specific financial circumstances, with the stated goal of identifying the financing program that best fits each profile. The firm also maintains a branch network and a loan officer search tool by city, branch, or name.

Mortgage products

MIG's catalog covers conventional and government loans, as well as programs tailored to specific profiles and financing needs:

• Conventional loans: private mortgages not insured by the government, aimed at applicants with a good credit history.
• FHA loans: government-insured, with low down payments and more accessible qualification requirements for applicants with low credit.
• Refinancing: replacing an existing mortgage with a new one to lower rates, change terms, or access accumulated home equity.
• THDA loans: aimed at low-income Tennessee residents, with low interest rates and down payments.
• USDA loans: no down payment, with low rates and flexible terms for eligible rural-area homebuyers.
• VA loans: guaranteed by the Department of Veterans Affairs, with no down payment and flexible terms for qualifying veterans and members of the armed forces.

Additional financing programs and solutions

Alongside the above products, the entity offers a series of additional programs: first-time homebuyer assistance, the Georgia Dream program, jumbo loans, Non-QM loans, home equity lines of credit (HELOC), rate buydowns, adjustable-rate mortgages, the Lock, Shop and Save program, and reverse mortgages.

In-house underwriting, processing, and appraisal

MIG highlights that it has underwriting, processing, and appraisal services integrated within the company itself, and that it uses technology to streamline the loan approval process. The firm also mentions that it offers competitive rates within its line of residential mortgage products.

Borrower tools

The site provides users with a set of mortgage calculators: home affordability calculation, monthly payment calculation, rent vs. buy comparison, buydown calculator, comparison of two mortgage loans, refinance assessment, proceeds from the sale of a home, adjustable-rate mortgage analyzer, comparison of bi-weekly and monthly payments, and a mortgage application timeline calculator.

It also maintains an education center with content on the homebuying process, utilizing accumulated home equity, credit information, and a glossary of mortgage terms including concepts such as amortization, escrow, private mortgage insurance (PMI), and title insurance.

Partner programs and regional presence

The company has a builder program and a national affinity program aimed at business partners. Its activity extends across several Southeastern states, with licenses registered in Alabama, Arkansas, Colorado, Florida, Georgia, Kentucky, Mississippi, Montana, North Carolina, South Carolina, Tennessee, and Virginia, according to the license numbers listed in its legal information. The company operates under NMLS #34391.

Contact and service

Mortgage Investors Group's main office is located in Knoxville, Tennessee. The entity makes it easy to locate loan officers and branches through its website, and offers telephone assistance via its toll-free number. The site is also available in Spanish.

Location and contact

10118 Parkside Drive, Suite 100 Knoxville, TN 37922 · Phone: 1-800-489-8910