Mortgage Loans

Bringing you home.

Mortgage Loans

First Mortgage Home Loans

Owning your own home is one of the best ways to invest in your future! We offer credit approvals, so you can find the home you've always wanted at a price you know you can afford. Trust MidWest America to help you reach financial success. Visit our Mortgage Center to apply or check out our rates online.

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Second Mortgage Loans

A Second Mortgage is a fixed rate home loan with up to 15 years to repay. There are no prepayment penalties. It's a great way to finance the improvement of a residence, bill consolidation, tuition, vacation, etc. The home must be owner-occupied and the loan qualification is based on property appraisal and credit approval.

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Construction Home Loans

Turning blueprints into beautiful homes.

Building your new home is a big decision. MidWest America is here to help you through the process of obtaining construction financing. Lock your interest rate in at the beginning of your construction loan and pay interest-only during the construction period. We offer a one-time closing with one set of closing costs and local decision making. For more information or to apply, please contact one of our Mortgage Specialists.

Mortgage Specialists
New construction

get it Done home loans

Would you like to take advantage of the low mortgage rates but don’t want to pay the high cost to refinance? 

Our Get it Done Home Loan program has multiple terms available including: 13 years at the current fixed rate as low as 7.00%, 10 years at the current fixed rate of 6.75%, and 7 years at the current fixed rate of 6.50%. And for a limited time, the loan origination fee is only $399 with Relationship Perks! With our special programs, you can refinance your existing first mortgage balance or combine your existing 1st and 2nd mortgage balances. Contact us for more details. 

For example, with a loan amount of $60,000 for 7 years at a rate of 6.50%, the APR would be 6.704% with the $399 loan origination fee included. The approximate payment would be $896.91 per month. With a loan amount of $60,000 for 10 years at a rate of 6.75%, the APR would be 6.900% with the $399 loan origination fee included. The approximate payment would be $693.58 per month. With a loan amount of $60,000 for 13 years at a rate of 7.00%, the APR would be 7.122% with the $399 loan origination fee included. The approximate payment would be $590.82 per month.

Please call 1-800-348-4738 or stop by your nearest branch to find out additional information or to apply.


*Based on a loan amount of $60,399 with no points, a 10-year mortgage with a rate of 6.75%, and APR of 6.900% would result in a monthly payment of $693.58 per month with the $399 loan origination fee included. APR = Annual Percentage Rate. The payment example does not include amounts for taxes and insurance. The Get It Done Home Loan is a first-lien mortgage on an owner occupied property and is not eligible for real estate purchase transactions. The $399 fee is a loan origination fee and could be higher if an appraisal is required. Appraisals will be required on all loan amounts exceeding $250,000 or LTV in excess of 70%. Loan amounts in excess of $250,000 may require title insurance and will be paid for by the borrower. Borrower will be responsible for cost of subordinating any junior liens currently in force on the subject property. All applications will be subject to credit review and approval. Actual interest rate charged will be based on the highest of the credit scores of all applicants. This does not constitute a commitment to lend and not all applicants will qualify. Programs, rates, terms and conditions are subject to change without notice. Other restrictions may apply. Relationship Perks do not apply. 

Home Equity Loans

Use the equity in your home to finish your to-do list.

Add that porch, make repairs, or have a back-up source of funds for an emergency. You will receive a guaranteed decision on the loan within 2 hours of all documentation received.

  • Low rate
  • Must be owner-occupied
  • Members living within 100 miles of any MWA branch are eligible
  • Debt Protection available
  • No prepayment penalty
  • Prime Rate: up to 80% LTV: 8.50% APR*
  • Prime plus 1%: over 80% LTV: 9.50% APR*

If you think you’re ready to move forward with getting a Home Equity Loan we have Mortgage Specialists at all our branch locations who can discuss the various loan options available to you. You can also get started right away and apply online (click on the "Real Estate" tab) today!

Apply Online

couple painting


* APR (Annual Percentage Rate) is current as of 7/27/23. The minimum APR is 3% and maximum is 18.00% in accordance with Federal law. The APR is Prime Rate plus 0% when borrowing up to 80% of the current market value of your home, minus existing liens. When borrowing more than 80% of the current market value of your home, minus existing liens, APR is Prime Rate plus 1%. The minimum line of credit is $10,000 - maximum is $500,000. The Home Equity Visa Gold Card, if applicable, carries a $25 annual fee charged on the anniversary date of the plan. This is available exclusively to owner occupied single family residence properties.

Unsecured Home Improvement

We're here to help you turn those dream renovations into a reality.

Are you thinking of fixing up your home? Whether you are interested in anything from building a new pool to remodeling the kitchen, you can apply for an unsecured home improvement loan to help you along the way. 

  • Maximum Loan Amount = $25,000.00
  • Purpose of funds is for home improvement only
  • Property must be the primary residence
  • All borrowers on the loan must have ownership interest and occupy property
Apply Online

Planning home improvement

Calculate Your Payments

Preparing for a new home is exciting but can be stressful! Whether you are a first-time homebuyer or considering a mortgage refinance, our mortgage calculators can tell you exactly what you need to know to make the right decisions..