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Your Path to Homeownership Starts Here

Buy

Turn your dream of homeownership into a reality with our affordable mortgage loan options.

Build

Build your very own home from the ground up with our flexible and competitive construction loan options.

Refinance

Change the terms and payment of your mortgage with our hassle-free refinancing options.

A Midland Mortgage Offers You:

  • 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.
young couple smiling as they hold the keys to their new home

Your Mortgage Options

    Buy

    Conventional Mortgage

    Enjoy flexibility, competitive interest rates, and a variety of repayment choices, making it the preferred choice for many. These loans are provided by Midland States Bank. 

    Conventional Mortgage Details >

    USDA Home Loans

    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.

    USDA Home Loan Details >

    Jumbo Loans

    Designed for purchasing luxury or high-cost homes that are priced above the usual loan limits.

    Jumbo Loan Details >

    VA Home Loans

    Government-backed and designed to help Veterans, service members, and surviving spouses purchase homes with competitive interest rates and no down payment requirements or private mortgage insurance (PMI).

    VA Loan Details >

    Bridge Loans

    Need to move quickly? Get a short-term financial boost to seamlessly transition between your current home and new home.

    Bridge Loan Details >

    FHA Home Loans

    Crafted by the Federal Housing Administration (FHA), and aimed to assist borrowers with lower credit scores or limited down payments buy homes.

    FHA Loan Details >

    Investment Properties

    If you are interested in owning rental homes, we can help provide the funding you need to purchase a property that will be rented out to tenants.

    Apply for an Investment Property >

    Build

    Construction Loans

    A construction loan is a short-term loan you can use to finance the construction of a new home. During construction, you can make interest-only payments at a fixed rate. Once construction is complete, you can convert the loan to a permanent mortgage.

    Construction Loan Details >

    Land Lot Loans

    If you want to purchase land to build a home, a lot loan is the perfect solution. A lot loan allows you to purchase property before you begin construction.

    Land Lot Loan Details >

    Refinance

    Rate & Term Refinance

    Adjust your mortgage terms to reduce your monthly payments or pay off your loan quicker.

    Rate & Term Refinance Details >

    Cash-Out Refinance

    Pay for home improvements and other major expenses by tapping into your home's equity.

    Cash-Out Refinance Details >

    FHA & VA Streamline Refinance

    Get a lower rate or change the term length on your FHA or VA loan.

    FHA & VA Streamline Refinance Details >

    Unlock Your Dream Home

    1. Get Pre-Approved Apply to get pre-approved to understand your budget and financial potential.
    2. Find Your New Home With your pre-approval in hand, start searching for your next home.
    3. Close the Deal Finalize your mortgage loan, sign the paperwork, and smoothly transition into your new home!

    Frequently Asked Questions

    Which type of mortgage is best for me?

    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.

    Will I need mortgage insurance?

    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.

    When should I refinance my mortgage?

    Generally speaking, you should refinance your mortgage when it saves you money or helps you pay for a significant home expense. Our Mortgage Experts can help you determine when refinancing makes sense for your financial situation. 

    What are other popular homebuyer questions?

    If you have questions around buying a home, we're here to help. See other popular frequently asked questions from homebuyers to help you on your journey to home ownership.

    How can I apply for a mortgage with Midland States Bank?

    Applying for a mortgage loan with Midland States Bank is a breeze! You have the convenience of two options: you can apply online through our user-friendly, online mortgage application platform, or give us a call to speak with a friendly Mortgage Loan Officer.

    How should I begin the homebuying process?

    Start the homebuying process by getting your mortgage pre-approval. This will help you determine how much home you can afford, so you can begin searching for homes that fall in your price range.

    Get pre-approved online or contact one of our Mortgage Experts to start your homebuying journey.

    Can I get my mortgage pre-approval through Midland States Bank?

    Yes! Midland States Bank allows you to begin the mortgage pre-approval process online or in person with one of our Mortgage Loan Officers.

    I don’t know if I want to move. Can I do a home improvement loan with Midland?

    Yes! If you’re 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.

    Prefer Personal Assistance?

    Our team of dedicated professionals are here to support you.