Buy a Home in Chicago

FREE Mortgage Rate Quote!

If you are looking to buy a home in the Chicago area or elsewhere in Illinois, you are going to be shopping not only for a home, but for a home loan as well.

The right mortgage can make a difference in how affordable it is to own a home now and over the lifetime of your loan.

MidAmerica Bancorp, Inc. can help you open the door to homeownership by connecting you with a home loan that is suited to your needs.

Find the Ideal Type of Home Loan in Illinois

We can help you apply for the following types of mortgages in Illinois, Indiana, Florida or Wisconsin:

Conventional

A conventional mortgage is one that is not backed by a government agency. Most borrowers who ask about conventional loans are looking for conventional conforming loans. These mortgages fall within the Fannie Mae and Freddie Mac loan limits, and may feature interest rates as low as 3%.

Learn More

Jumbo

Some properties in Illinois require additional financing beyond what a conventional conforming mortgage allows. For the purchase of these properties, we can connect you with a jumbo loan.

Learn More

FHA

FHA mortgages are guaranteed by the Federal Housing Administration, and are a favorite among first time and repeat home buyers alike.

Learn More

VA

If you are a veteran, active-duty service member, or eligible surviving spouse, you may have the opportunity to purchase a home with zero down using a VA loan. This type of mortgage, guaranteed by the Department of Veterans Affairs, offers flexible credit qualifications, competitive interest rates, and no PMI.

Learn More

ITIN Loans

If you are buying a home as an undocumented immigrant, you can apply for an ITIN loan. With this type of loan, you do not need a social security card to qualify, just an ITIN card.

Learn More

Bank Statement Loans

You may not have a W-2 if you are self-employed or own your own business. But you do not need one to apply for a mortgage when you apply through our bank statement loan process.

Learn More

First Time Home Buyers

Are you shopping for your first home in Chicago? We can help you find the right type of mortgage, and walk you through the process of buying your first home step by step.

Learn More

How Do You Choose the Right Type of Mortgage? We Can Help

With so many mortgage options out there, how do you know what loan product is ideal for your needs?

Many factors may impact your choice of a mortgage. Some considerations include:

Your credit score.
Your debt-to-income (DTI) ratio.
How large a down payment you can afford.
Whether or not you can pay for mortgage insurance.
Your employment status.
How long you plan to live in your home.
Your military service record.

During your free consultation, we will have the chance to review these considerations with you. We will then be able to help you identify which mortgage products are most likely to be a fit for your scenario.

Why Choose Us for Your Home Purchase Mortgage Needs?

Here are a few reasons to choose MidAmerica Bancorp, Inc. for your home purchase loan:

We have more than 25 years of experience helping borrowers purchase homes in the Chicagoland area and beyond. We are familiar with the local market and with the challenges that can arise when buying a home in this area. We will match you quickly with an ideal lending product so you can close fast on your new home.

We have a loan product suitable for every circumstance. Whether you are trying to buy a home without perfect credit, are shopping for a home as an undocumented immigrant, are a veteran looking for a zero down loan, or have another special circumstance, we can help you affordably purchase your next home.

We build long-term relationships with our customers. If you need to modify or refinance your mortgage in a few years, we will be right here to walk you through it.

We are here every day of the week to answer questions and keep moving the process ahead. You can reach us on evenings, weekdays, and weekends.

Buy Your Illinois Dream Home Now

Ready to move into your new home in Illinois, Indiana or Florida with competitive rates? Our expert team is standing by. To get started now, please give us a call at (708) 237-4050 to schedule your free consultation.

FREE Mortgage Rate Quote

See What Our Clients Are Saying About Us!

MidAmerica Bancorp, Inc.

5.0

Based on 26 reviews

See all reviews Write a review

RAFAELLO CHOWA

17:55 27 Jul 22

My loan officer was Darek Atczylo and he made the loan process very smooth and easy. Best experience ever. Thank you Darek for all your hard work !

20:18 18 Jul 22

20:01 18 Jul 22

21:18 17 Jun 22

20:07 08 Jun 22

18:30 05 Jun 22

Chris was on top of the process the entire way. Made the whole process effortless , even when the underwriter kept asking for more and more documentation. Always replied back within minutes when message was left.

wojciech szymaszek

13:53 16 May 22

Mateusz Cichowicz

21:12 16 Mar 22

Jolanta was amazing! Very professional and helpful.

Artur Soltys

17:04 11 Mar 22

Hailey Lindsay

16:56 27 Jan 22

They did absolutely amazing I wouldn’t have been able to get my house if it wasn’t for them. I will forever be thankful for this amazing team!!

Ursula Marszalik

19:24 04 Jan 22

Rich Kiel

15:40 04 Jan 22

I have worked with MidAmerica Bancorp for many years now. However, this time the people at MidAmerica Bancorp made my refinancing one of the MOST Smoothest and Pain Free process that I have ever experienced. Everything was so extremely automated. The title company even came to my house for the final closing. I never once had to leave my house. I would recommend MidAmerica Bancorp to everyone.

barbara graca

02:03 25 Nov 21

Michelle Wojtowicz

01:46 20 Nov 21

Dan was Super helpful and answered all my questions and I had a million! Would totally recommend working with him.

Aneta Marek

04:03 19 Nov 21

CC Restore

02:21 18 Nov 21

Darek is the best in what he does. Highly recommended

00:46 18 Nov 21

20:44 17 Nov 21

18:34 12 Nov 21

02:23 11 Nov 21

Fast and very competent service. Great at what they do. Will definitely use their service when in need. Greatly recommended.Szybka i bardzo kompetentna obsługa. Wspaniali w tym czym się zajmują. Z całą pewnością wybiorę ich usługi w przyszłości. Serdecznie polecam.

Paul Gala

16:46 10 Nov 21

Pawel Fonfara

01:04 16 Sep 21

Darek is a man with lots of knowledge, he is very patient and likes to work with people. I just closed my third deal with him.

19:35 19 Aug 21

Rich is amazing. His team goes above and beyond to get your deal closed.

Monika Budz

02:38 02 Feb 21

Hasani Bandele

17:09 29 Dec 20

I have worked with many mortgage brokers in the past, and this team is clearly one of the best. I know that they will handle my business fast and professionally!

Greg Landowski

14:11 23 Jan 20

Excellent and professional service as usual.

Quick Links

Loan Options

Resources

Service Area

Contact

MidAmerica Bancorp, Inc.
9720 SW Hwy
Oak Lawn, IL 60453
(708) 237-4050
Find us on Google
NMLS ID: 203035

State Licenses/Registrations:
Florida
Illinois
Indiana
Wisconsin
www.nmlsconsumeraccess.org

Facebook Twitter Linkedin Youtube

MidAmerica Bancorp, Inc. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.