Loans with rates you'll
actually feel good about
Local underwriting means faster decisions and fairer rates — made by neighbors who understand what you're working toward, not a distant algorithm.
Drive away with a great rate
New, used, or refinance — our auto loans come with quick approvals and terms up to 72 months.
New Vehicle Loan
Brand new car from a dealership? Lock in our lowest auto rate with no prepayment penalty.
- Amounts from $5,000 to $75,000
- No prepayment penalty
- Rate discount with auto-pay
- Approval in as little as 1 hour
Used Vehicle Loan
Certified pre-owned or private party — we finance vehicles up to 10 model years old.
- Vehicles up to 10 years old
- Private party purchases welcome
- Amounts from $3,000 to $50,000
- Same-day decisions available
Auto Refinance
Already have a car loan elsewhere? Refinance with us and potentially cut your monthly payment significantly.
- No application fee
- Skip a payment option available
- Online payoff request to old lender
- Most refinances close in 2 days
Rates shown are illustrative demo rates for qualified borrowers and subject to change without notice. Actual rate depends on creditworthiness, loan term, and vehicle year. OAC.
Your home, financed locally
Purchase or refinance with a local loan officer who knows your market — and can actually pick up the phone.
30-Year Fixed Mortgage
Predictable payments for the long haul. Our most popular home loan option for first-time and repeat buyers alike.
- Down payments as low as 3%
- Pre-approval in 24 hours
- Local appraisal & title network
- No prepayment penalty
15-Year Fixed Mortgage
A lower rate and less total interest — ideal if you can handle a higher monthly payment and want to build equity fast.
- Lower total interest paid
- Faster equity building
- Down payments as low as 5%
- Local underwriting decisions
Home Equity Line of Credit
Use your home's equity for renovations, debt consolidation, or major expenses — access funds as you need them.
- Draw period up to 10 years
- Interest-only payments during draw
- No closing costs on lines under $100K
- Lines from $25,000 to $250,000
Rates shown are illustrative demo rates. Actual mortgage rates depend on credit score, down payment, loan amount, and property type. All loans subject to credit approval and property appraisal. OAC.
Borrow for life's big moments
No collateral needed. Fixed rates, fixed payments, and funds as fast as the same business day.
Signature Loan
A versatile unsecured personal loan for debt consolidation, home improvements, medical bills, or anything else life throws at you.
- Borrow $1,000 – $25,000
- Terms 12 – 60 months
- Funds deposited same business day
- Fixed rate, fixed payment
Share-Secured Loan
Use your savings as collateral for the lowest rate available. Great for building or rebuilding credit history.
- Borrow up to 100% of savings balance
- Your savings continue to earn dividends
- Excellent credit-building tool
- Terms up to 60 months
Overdraft Line of Credit
A safety net for your checking account. Transfer money to cover transactions automatically — no overdraft fees.
- Lines from $500 – $5,000
- Auto-transfer to prevent overdrafts
- Interest only on amount used
- No annual fee
Illustrative APRs for qualified borrowers. Personal loan rates vary based on creditworthiness and term. No application fee. OAC.
Invest in your education
Flexible terms and low rates designed for students and recent grads — with no origination fees.
Undergraduate Loan
Cover tuition, housing, books, and living costs for any accredited 4-year program. Co-signer release available after 24 on-time payments.
- Borrow up to $25,000 per year
- 6-month grace period after graduation
- Co-signer release after 24 payments
- Deferment options during enrollment
Graduate / Professional
Law, medicine, MBA — cover the gap between financial aid and total program cost with no co-signer required for most applicants.
- Borrow up to $40,000 per year
- No co-signer required (OAC)
- Interest-only payments during school
- 12-month grace period after graduation
Student Loan Refinance
Graduated and paying multiple loan servicers? Combine them into one payment and potentially lower your rate significantly.
- Combine federal & private loans
- Loan amounts $10,000 – $150,000
- Terms 5, 7, 10, or 15 years
- 0.25% rate discount with auto-pay
Student loan rates are illustrative. Federal loan programs may offer income-driven repayment options not available with private loans. Consider all options before borrowing. OAC.
Capital when your business needs it
From equipment financing to SBA-backed loans — our commercial team knows your market and moves fast.
Equipment Financing
Finance new or used equipment with the equipment itself as collateral — preserve your operating capital.
- Finance 100% of equipment cost
- Terms up to 84 months
- Soft costs included (install, training)
- Quick decisions from local underwriting
SBA 7(a) Loan
SBA-guaranteed loans for real estate, working capital, refinancing debt, or buying a business — with longer terms and lower down payments.
- Loan amounts up to $5,000,000
- 10-year working capital terms
- 25-year real estate terms
- First Midwest FCU is an SBA preferred lender
Business Line of Credit
A revolving credit line to smooth seasonal swings, cover payroll, or jump on inventory opportunities quickly.
- Interest-only payments first 12 months
- Revolving access as you pay down
- Annual renewal with no fee
- Tie directly to business checking
Business loan rates are illustrative and subject to credit approval, collateral, and business performance review. SBA loans subject to SBA eligibility requirements. OAC.
Estimate your monthly payment
Adjust the sliders to see how loan amount, rate, and term affect your monthly payment. These are estimates — apply online or talk to a loan officer for a real quote.
Apply in minutes, close in days
Our local underwriting team moves fast — most loans funded within 1–3 business days.
Apply online
Complete a short application in about 5 minutes. No hard pull until you review your offer.
Get a decision
Most applicants receive a credit decision within a few hours during business days.
Review your offer
Review the rate, term, and payment. No obligation to accept. A loan officer is available to answer questions.
Funds deposited
E-sign your documents and funds are typically deposited to your First Midwest account the same or next business day.