Home | Locations | Rates | Employment
1st MidAmerica Credit Union Exceeding Member Expectations
1st MidAmerica Credit Union

Mortgage Loans

Personalized home loans with competitive rates.

Many banks will be your mortgage lender, but 1st MidAmerica takes the time to make sure you get the right mortgage. If you’re thinking of buying a new home or wish to refinance your existing home, we have a mortgage loan to fit your needs.

Take advantage of our staff of home mortgage professionals who will explain the difference between each type of mortgage loan so that you can decide which one fits you best.

Apply for a home loan today!    

Mortgage Resources

Our Online Mortgage Center contains everything you need to know to get your home loan underway.

Through our site,

  • View current rates
  • Apply for a mortgage loan
  • Receive an answer in minutes
  • Contact a mortgage representative
  • Access mortgage calculators

You can also access the Rate Watch feature. Let us keep an eye on interest rates so that you don't have to! Complete the information below and we'll e-mail you when rates reach your goal or if you prefer, we'll e-mail current rate information on a regular basis.

Loan Options

We offer a variety of fixed rate mortgage products for purchasing a home.

Fixed Rates

  • 10 Year Fixed Rate
  • 15 Year Fixed Rate
  • 20 Year Fixed Rate
  • 30 Year Fixed Rate

We offer several fixed rate products, which allows you to lock into a rate that will never change.  This benefit will not only give you peace of mind, but security and satisfaction as well.

Adjustable Rates

  • 1 Year Adjustable Rate
  • 3 Year Adjustable Rate
  • 5 Year Adjustable Rate

In general, adjustable rate mortgages have a lower initial rate than most fixed-rate mortgages, which may allow you to have a lower payment at the beginning of your loan. An adjustable rate mortgage may be the right choice for you if you plan to own the home for only a few years. These feature periodic rate caps and life of loan caps.  Rate adjustments based on a margin over U. S. Treasury Bills.

First Time Home Buyers

USDA – Rural Development

Moderate income borrowers can finance up to the appraised value of a home for a one-time guarantee fee, which eliminates the need for Private Mortgage Insurance (PMI).


Investment Properties

We offer options for members who would like to invest in property other than their primary residence. Financing is available with fixed and adjustable rates.

Fixed Rate

  • 10 Year Fixed Rate
  • 15 Year Fixed Rate
  • 20 Year Fixed Rate
  • 30 Year Fixed Rate

Adjustable Rate

  • 1 Year Adjustable Rate
  • 3 Year Adjustable Rate
  • 5 Year Adjustable Rate


Let us finance your construction.  1st MidAmerica offers easy-to-qualify for construction loans for single family residences that can be converted into permanent financing upon completion of construction. Furthermore, we also offer information regarding mortgages for lots and land, which is available upon your request.

Your savings federally insured to at least $250,000 by the National Credit Union Administration. An additional $250,000 is privately insured by ESI.
©Copyright 2010, 1st MidAmerica Credit Union. All Rights Reserved.        Privacy Policy | Site Map 
Web Design by Avtec Media GroupWeb Design by Avtec Media
National Credit Union Administration, a U.S. Government Agency