Turn your dream of homeownership into a reality with our affordable mortgage loan options.
Build your dream home from the ground up with our flexible and competitive construction loan options.
Get Pre-Approved and Take the First Step Towards Your Dream Home
Getting pre-approved is a speedy and effortless process with us, and you can do it before filling out a complete mortgage application. Getting pre-approved for a mortgage before you start house hunting can help you understand how much house you can afford and narrows down your search to homes that fit within your budget. Taking the time to get pre-approved can save you time and help you make a more informed decision when it comes to purchasing your dream home.
Mortgage Loan Options
Provided by Midland States Bank. Enjoy flexibility, competitive interest rates, and a variety of repayment choices, making it the preferred choice for many.
Backed by the US Department of Agriculture, USDA loans are designed to help borrowers in rural areas purchase a home with little or no down payment.
Designed for high-value properties to cater to the unique needs of luxury or high-cost homes that exceed standard limits.
Government-backed and designed to help Veterans, service members, and surviving spouses purchase homes with competitive interest rates and no down payment requirements or PMI.
Buying Investment Properties
If you are interested in owning rental homes, Midland States Bank can help provide the funding you need to purchase a property that will be rented out to tenants.
Rate & Term Refinance
Adjust your mortgage terms to reduce your monthly payments or pay off your loan quicker.
Pay for home improvements and other major expenses by tapping into your home's equity.
Fast. Easy. Home.
With our Digital Mortgage you can easily apply on your mobile device or computer in minutes. The conversational application will guide you through the process and it’s simple to upload documents, so you don’t have to make any trips to the bank. We’ll get you pre-qualified quickly and close your loan faster than most other lenders.
Not quite ready to move, but wanting a change? Home improvement loans are designed to help you finance renovations, repairs, or upgrades, making it easier to create your dream living space. We offer several loan options, so you can transform your home without the hassle of moving.
Why Get a Mortgage With Midland States Bank?
When you get a mortgage from Midland States Bank, you'll benefit from:
- Online application: Apply online from your computer or mobile device in just minutes.
- Competitive rates: Our competitive rates can help you save money.
- Full-service approach: You can rely on our help at every step of the process.
- World-class customer service: We go above and beyond to give you the best loan experience possible.
- Mortgage expertise: Our mortgage experts are knowledgeable and highly experienced.
Frequently Asked Questions
The right mortgage for you depends on your financial situation and personal goals. The mortgage experts at Midland States Bank can help you find the best fit.
You will need mortgage insurance if you take out a conventional loan and your down payment is less than 20%. You will also need it if you get an FHA loan.
Generally speaking, you should refinance your mortgage when it saves you money or helps you pay for a significant home expense.