Home Loans

Buying or building a home is a big decision. Midland’s home loan experts want to make the process as simple as possible so you can focus on your home and not the financing. And if you’re ready to refinance, we’ve got your back with competitive rates, flexible terms, and the streamlined process you can expect from our lending professionals. 

Ready to take the next step? Apply online today to get the loan process started.

Apply Today!

Contact our home loan experts to learn more or call us at 316-283-1700.

Marcene Carstensen photo   Marci Andres photo   Rick Toews photo

Marcene Carstensen
NMLS #744155
Vice President

  Marci Andres
NMLS #744154
Vice President
  Rick Toews
NMLS #505587
Vice President
Fax: 316-283-9615
Email Marcene
Fax: 316-283-3813
Email Marci
Fax: 316-283-3813
Email Rick

Fixed-Rate Mortgage Loans

Purchase your dream home or refinance existing real estate property with help from Midland. Our secondary market mortgage lenders will work to find you the best available rate.Your home loan can be customized to meet your needs. Midland offers 10, 15, 20 and 30 year fixed-rate mortgage loans. As delegated underwriters, we can offer same day approval on most fixed-rate loans. 

We will pre-qualify you for your loan, at no cost to you, before you even begin house hunting. Our commitment letter for your pre-qualified amount may make your purchase contract offer more attractive to the seller.

In addition to our competitive secondary market mortgage loan options, we can also take care of your home loan needs right here in-house. Our competitive rates, flexible terms and quick decisions (made by our local loan officers at the bank) make this financing option perfect for your real estate loans that may require alternate financing outside of the secondary market.

Due to the constantly changing mortgage loan rates please email our Home Loan Experts or call 316-283-1700 or toll-free 1-800-810-9457.

Adjustable Rate Mortgage (ARM) Loans

If you prefer a home loan with an adjustable interest rate, we offer adjustable rate mortgage (ARM) loans. The rate for your ARM loan is fixed for 3 or 5 years depending on which option you choose. 

At the end of the 3 or 5 year fixed rate period, your interest rate will be adjusted annually based on the weekly average yield on US Treasury. ARM loans are available for first lien, owner-occupied property and are limited to 80% of the property's value.

We offer these suggestions in order to make the mortgage loan application process as easy and as fast as possible.

Construction Loans

Have you decided to build your "Dream Home"? We are here to help you!

When you decide to build a new home, Midland is ready to assist you with fixed-rate construction loans. 

Your construction loan is designed as a line of credit and the monthly payment is limited to the interest on the funds you have advanced during the construction process. 

How does it work? 

  • Based on your house plans and specifications, we will have your new home appraised and will be able to loan up to 90% of the cost. 
  • Your construction loan is easily converted to a permanent loan when construction is complete. 
  • We can also combine a bridge loan and construction loan in order to facilitate the construction of your new home prior to the sale of your current residence.

Bridge Loans

A bridge loan will get you into your new home before your previous home is sold. By using the equity you have in your current home and the value of your new home, you may qualify for a loan for the full purchase price of the new home. 

When your original home sells, proceeds are used to pay down the bridge loan so we can proceed to finance your remaining balance into a new permanent loan. You will be pre-qualified for your permanent financing when you are approved for your bridge loan!

Home Equity Line of Credit

Do you have larger expenses, such as education costs, home improvements or medical bills? A home equity line of credit may be a great way to use the value of your home as collateral for a credit line.

Learn More

Secure and Fair Enforcement for Mortgage Licensing Act of 2008 ("SAFE Act") Notification

The SAFE Act requires residential mortgage loan originators employed by financial institutions to be registered and assigned unique identifiers with the Nationwide Mortgage Licensing System and Registry ("NMLS"). You may view a listing of Midland's registered mortgage loan originators and their unique identifiers by accessing the NMLS at www.nmlsconsumeraccess.org and enter in the search field our NMLS ID "410822" or "Midland Bank Newton Kansas."

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