Conventional

Our most popular home loan.

Eliminate the unexpected with a fixed rate and term.

If you'd like the peace of mind that comes with a stable payment, then a Fixed rate mortgage may be the ideal choice for you. Fixed rate mortgages are the easiest mortgage loan for home buyers to understand as the monthly mortgage payment and interest rate amounts will never change. (Note that your total monthly payment may change if the escrow payment goes up or down depending on the change of your tax and insurance assessment.) The fixed rate mortgage is perfect for those who are on fixed incomes or who do not like to see adjustments made to their mortgage payment. In addition, home buyers often choose fixed rate mortgages when interest rates are low and are expected to rise.

Benefits of a Fixed Rate Mortgage:

Fixed payment.

Know exactly what your monthly payment will be because it does not change over the life of the loan.

Extra payments.

At any time, you can choose to make larger monthly payments to be applied toward principal.

Flexible terms.

Terms vary and by extending your term you will reduce your monthly payment.

Convenient payments.

Your monthly payment can be made at any Midland States branch or you can pay online.

Available for refinancing.

Whether you want to lower your payment, consolidate debt, change the type of loan or get needed cash, refinance with us.

Advantages of a Fixed Rate Mortgage.

With a fixed rate mortgage your payment stays the same for the life of the mortgage. This can be a major advantage over adjustable rate mortgages, unless you plan to only be in your house for a short time. Fixed rate mortgages are most useful when you're planning to stay in a house for many years. While your property taxes and insurance may go up, your monthly mortgage payment for the loan itself stays the same for the life of the loan. This is especially advantageous if you get a fixed rate mortgage before interest rates increase. With a fixed rate mortgage, you never have to worry about how much your payments may increase if interest rates go up. If you're on a low or fixed income, a fixed rate mortgage is probably the best choice because you won't face skyrocketing interest rates and mortgage payments that could cause you to financial stress.

Your trusted lending partner.

Most people will only buy a few homes in their life and each home purchase may be the largest financial decision they have made to date. So, it's understandable that you need to find an option that is right for your financial situation and the right expert to help you through the maze of home financing. That's were we come in. Whether you've purchased homes before or you have little to no experience in buying a home, we will make sure no question is left unanswered. We believe in doing the right thing, for the right reason – that means you will receive personalized service through each step of buying your dream home. We do this with a team of experienced mortgage lenders who understand the industry and will help you with what you need, what to expect and how to get in your home quickly and easily. After all, that's what we do - everyday.

Get answers, apply online or find a great rate.

Call us.

Still have questions?

We’re ready to help answer your questions or assist you with your application. Just call us toll-free at 1-855-MY-MIDLAND or stop by any Midland banking center.

Apply online.

Apply online today.

Save time and a trip to the bank when you apply for your mortgage loan using our online application. We’re ready to help if you have questions. Apply now

Tools and Resources.

Online tools and resources.

We'll help you learn more about getting a home loan by giving you online access to resources and tools to help make getting a loan easier. Learn more