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
- 40 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
Construction
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.
Home Owners Insurance
MEMBERS® Auto & Homeowners Insurance Program
You trust 1st MidAmerica Credit Union to provide you and your family with quality products and services to meet your financial needs. We’ve joined with a dedicated team of insurance professionals to bring you the MEMBERS® Auto & Homeowners Insurance Program.
• The MEMBERS Auto & Homeowners Insurance Program is the property and casualty coverage solution preferred by credit unions and their members.
• Access convenient e-service, pay your bill or make changes to your policy, even report a claim.
• Receive fast, easy access to claims service 24 hours a day.
• Obtain a free, no-obligation quote.
Click here to start saving!
The MEMBERS Auto & Homeowners Insurance Program is made available by CUNA Mutual Insurance Agency, Inc. and underwritten by leading insurance companies. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not federally insured or guaranteed by your credit union.
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