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Pay off your mortgage early
with our 7 & Done or 10 & Done programs!
Would you like to take advantage of the low mortgage rates but don’t want to pay the high cost to refinance?
MidWest America just might have a solution for you. With our special programs, you can refinance your existing first mortgage balance or combine your existing 1st and 2nd mortgage balances up to $150,000.
Our 10 & Done program has a term of 10 years at the current fixed rate of 3.29% while our 7 & Done has a term of 7 years at the current fixed rate of 2.99%. And both come with only a $199 loan origination fee and no closing costs!
For example, with a loan amount of $60,000 for 7 years at a rate of 2.99%, the APR would be 3.087% with the $199 loan origination fee included. The approximate payment would be $792.53 per month. With a loan amount of $60,000 for 10 years at a rate of 3.29%, the APR would be 3.359% with the $199 loan origination fee included. The approximate payment would be $587.45 per month.
Please stop by or call 1-800-348-4738 or your nearest branch to find out additional information.
APR = Annual Percentage Rate. This is not available to purchase real estate. Relationship Perks do not apply to this special. Not eligible for escrow accounts. All other costs are paid by the credit union, with the exception of an appraisal (if needed). Appraisal is required for amounts over $100,000 regardless of LTV. Title insurance, if required, will be paid for by the borrower(s). If the borrower has an open home equity or second mortgage that is not being refinanced, it will be their responsibility for the lenders cost of preparing the subordination agreement. New money only.