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Borrowing Products & Services at a Glance

Apply for your loan right now: Get a Mortgage | HELOC | Home Equity Loan | Express Personal Loan | Auto Refinance

Curious about our rates? View Rates

Borrowing Made Better

  • A man purchased a new car

    THE DRIVE FOR SAVINGS

    Boost your budget with an auto refinance.3 Fill out an application today:   

    • We have generous credit criteria
    • You can refinance for more than your auto is worth
    • There’s no obligation to apply

    See if you could lower your monthly payment, save on interest, or both!

  • A couple looking for a loan

    QUICK CASH WITH NO COLLATERAL

    An Express Personal Loan lets you get funds within 24 hours.5 Borrow up to $35,000 for:4

    • Home improvements
    • Debt Consolidation
    • Large purchases or unexpected expenses

    Our application process is easy: apply online, with no appraisal needed.

  • A couple closing the on their first home

    FIND YOUR MORTGAGE SOLUTION

    We have options, whether you’re looking for conventional fixed- or adjustable-rate mortgages.1

    Our lenders can also help with:

    • Low down payment options6
    • Government loans7
    • Jumbo mortgages8
    • Physician loan program9

    Connect with a lender to talk through your options. Or apply now!

You have plans. We have ideas.

A mom playing with her two kids.

HOW DOES DEBT CONSOLIDATION WORK?

By finding an interest rate lower than you are currently paying on your outstanding debt, you may save money. Learn how!

More About Debt Consolidation

A young mother plays with her children in a renovated family room financed by a home improvement loan

AN EXPRESS PERSONAL LOAN FOR YOUR HOME

You may be able to borrow up to $35,000 to improve your home, with minimal application fees and no collateral. Is this the right choice for you?4

Get More Info

A couple building their dream home

IS A CONSTRUCTION TO PERMANENT LOAN RIGHT FOR YOU?

You may be able to build your dream home from the ground up. This financing option gives you the opportunity to turn your plans into reality.

Learn How It Works

A mom hugging her son

THE SERVICEMEMBERS CIVIL RELIEF ACT (SCRA)

First Midwest is proud to support our country’s military personnel. Did you know that under the SCRA, qualifying service members and family may be eligible for debt relief?

Get Details

A young couple are holding an infant in a home they recently purchased with a new home mortgage

View Our Borrowing Rates

We offer competitive rates and most of our loan applications can be completed online.

Let’s make the process easy, so you have more time to do what you love. That’s borrowing made better.

View Rates

1 Subject to credit approval. Property insurance required for all loans secured by property. Rates are subject to change daily. Contact your First Midwest Banker or Residential Lender for current rates. NMLS #423112.
2 Subject to credit approval. Property insurance required for all loans secured by property. Rates are subject to change daily. Contact your First Midwest Banker for current rates. This product has a draw period of 10 years, after which any outstanding balance will be automatically converted to a 20-year fully amortized repayment period. NMLS #423112. FOR PROMOTIONAL RATE: If an initial draw of $25,000 to $49,999 is taken on the date your EquiFlex Home Equity Line of Credit is established, a promotional fixed Annual Percentage Rate of 1.99% APR will apply for the first six (6) months after the date the account is established (the “Promotional Period”). If an initial draw of $50,000 or greater is taken on the date your EquiFlex Home Equity Line of Credit is established, a promotional fixed Annual Percentage Rate of 1.99% APR will apply for the first twelve (12) months after the date account is established (the “Promotional Period”). After the Promotional Period expires, the terms and conditions of the Variable Rate Feature will apply. This means that the monthly minimum payment may increase after the Promotional Period. The 4.25% APR is based on 90% loan-to-value (LTV) for $25,000 approved line at Prime + 1.00% or 4.00%, whichever is higher. APR may vary after the promotional period. APR will change based on Prime plus or minus a margin designated by program and plan selected. The APR is indexed to the Prime Rate as posted in the Wall Street Journal. As of 7/30/21, Prime is 3.25%. LTVs up to 75% are Prime + 0% to Prime + 2.00%. LTVs between 75.01% and 80% are Prime + 0.50% to Prime + 1.25%. LTVs between 80.01% and 85% are Prime + 0.75% to Prime + 1.00%. LTVs between 85.01% and 90% are Prime + 1.00% to Prime +1.25%. The maximum APR is 18.00%. If a credit line is closed within the first 24 months, the fee will be $200 for lines $10,000-$24,999, $350 for lines $25,000-$250,000, and $750 for lines greater than $250,000 (does not apply to Iowa residents). This account has a draw period of 10 years, after which any outstanding balance will be automatically converted to a 20 year fully amortized repayment period at Prime + 2.00%. Offer is available for new EquiFlexSM Home Equity Lines only and to current First Midwest Home Equity clients whose current line is within 12 months or less of maturity. Annual fees of $50 for IL and $15 for IA residents. All loans are offered through First Midwest Bank. The minimum APR is 4.00% after the initial promotion period. APR and margin apply to owner occupied dwellings only. Other rate enhancements do not apply. 
3 Subject to credit approval. Vehicle insurance required. Rates are subject to change daily. Contact your First Midwest Banker for our current rates. Mileage caps may apply for used vehicle loans.
4 Subject to credit approval. Applicants must meet minimum credit score requirements and meet other conditions. Annual Percentage Rates (APR) range from 5.23% to 12.99%. Rates are based on credit criteria and other factors such as the term of the loan selected. Rates are accurate as of 8/23/21 and subject to change daily. Contact your First Midwest Banker for our current rates.
5 Subject to credit approval. During regular business hours. Based on client response time and/or client preference.
6 Low down-payment programs require you to take out private mortgage insurance, or PMI, to further defray the risk to the lender. This also adds to the cost of a low down-payment mortgage.
7 Down payment assistance programs are subject to availability. Subsidies range between $3,000 and $6,000.
8 Only eligible in Illinois, Indiana, Iowa, Wisconsin, Michigan, Arizona, Florida, California and Colorado.
9 Subject to credit approval. Available for primary residence within Illinois, Indiana, Iowa, Wisconsin, or Michigan. Property insurance required for all loans secured by property. Rates are subject to change daily. Contact your First Midwest Residential Lender for current rates. Qualifying designations include MD, DO, DDS, DMD, DPM, or DVM/VMD. NMLS #423112.