Midwest Heritage Bank  
Internet Banking

Current Loan Rates

Midwest Heritage Bank offers competitive rates and convenient service with all of our products.  With our in-store offices being open seven days a week, you could even close a Mortgage loan on a Sunday! We're confident you'll find doing business with us easy and convenient. 




Mortgage Loans


Rate


APR


Payment Example
(Based on a $150,000 Loan)


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15 Year Fixed Rate

3.125%

3.125%

$1,044.91

 

 

 

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30 Year Fixed Rate

3.875%

3.875%

$705.36

 

 

 

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  • Above 15 and 30 year fixed rates are based on a loan amount of $150,000 with a 1% origination fee and a loan to value of 80% or less.
  • Payments are calculated assuming 180 payments for a 15 year loan and 360 payments for a 30 year loan, does not include taxes or insurance.


Home Equity Loan


APR


Payment Example


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Fixed Home Equity

3.99%

$184.12

 

 

 

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  • Payment above is based on a loan amount of $10,000 and loan to value of 80% or less.
  • Payment is calculated using 60 payments for a 5 year loan, does not include taxes or insurance.
  • Evidence of adequate property insurance is required.
  • Closing costs up to $275.


Home Equity Loan


APR


Payment Example


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Home Equity Line of Credit


4.00%*


$100.00

 

 

 

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  • Payment example equals loan amount mutiplied by interest rate divided by 12, plus loan amount mutitplied by 5%; based on a loan amount of $10,000, and a LTV of 80%.
  • Minimum payment of $100 required monthly.
  • Evidence of adequate property insurance required.
  • Consult your tax adviser to determine the deductibility of interest.
  • Evidence of adequate property insurance is required.
  • *The Annual Percentage Rate (APR) on a home equity line of credit is a variable interest rate and is subject to change daily. The APR for a home equity line of credit will not exceed 18%. Except for the 18% cap, there is no limit on the amount by which the rate can change during any one-year period. Minimum payments may not be sufficient to fully repay the principal outstanding on the credit line. If not, the entire outstanding balance will be required in a single payment at the end of the loan term.

 


Consumer Loans


APR


Payment Example


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Automobiles


3.99%


$225.75

 

 

 

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  • Payment example is based on a 2008 vehicle with a 48 month term and a loan amount of $10,000.


Consumer Loans


APR


Payment Example


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Motorcycle, ATV, Jet Ski


8.85%


$248.14

 

 

 

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  • Payment example is based on a 2008 or newer model with a 48 month term and a loan amount of $10,000.


Consumer Loans


APR


Payment Example


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Recreational Vehicles


8.35%


$245.78

 

 

 

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  • Payment example is based on a 2008 or newer model with a 48 month term and a loan amount of $10,000.

The interest rates, annual percentage yield (APR’s) are subject to change without notice and are subject to credit approval. Your APR may vary based on; your final loan amount, finance charges, your credit score and your loan to value.

 

                                    

Featured Rates
15 Year Fixed Mortgage Rate
Rate APR Apply
3.125% 3.125% Apply
30 Year Fixed Mortgage Rate
Rate APR Apply
3.875% 3.875% Apply
Consumer Loan Rate

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1-800-782-0521

 
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Locations in:
Ames | Chariton | Des Moines | Urbandale | West Des Moines | Windsor Heights
NOTICE: Midwest Heritage Bank FSB will never ask for confidential information through regular e-mail or phone. Further, Midwest Heritage Bank FSB will never ask you for your password or PIN through e-mail, via the telephone or in person. If someone identifies himself or herself as a Bank employee and asks for your password, PIN or Debit Card number, take caution. They do not represent the Bank. Do not reveal your information to them.