St. Louis Mortgage Company
Make Your Move Today!Since 1906, we’ve been St. Louis' premier community bank. We invest capital profitably in our whole community, and we reinvest our local deposits locally. At Midwest BankCentre, $95 out of every $100 deposited stays in the St. Louis region to help local businesses and families to thrive, and every dollar circulates an average of six times throughout the regional economy. An investment in you and your home is an investment in the entire community. Let’s get you home.
Midwest BankCentre's Mortgage Rates and Terms
|Mortgages that are not insured by the federal government usually offer lower rates and better flexibility. They’re popular with borrowers who have a good credit score, a stable job with a steady income, who can afford a down payment, and people who are financially stable overall.
|A Veteran Affairs (VA) home loan is a great benefit to qualified military personnel during and after their service. With no money down, no lender fee, no private mortgage insurance, and a competitive rate, a VA home loan is a great option for those that qualify.
Whether you're interested in a Home Equity Line of Credit or a Home Equity Loan, we offer a variety of home equity loans and line of credit options to meet your needs - both big and small.
|These loans are ideal for home buyers who may have limited credit or less to invest in a down payment. The FHA home loan was designed to make homeownership affordable.
Your dream of owning a home
is our dream too. Let us help
find you the right loan today!
We are here to help. Buying a home or refinancing can be overwhelming. Let's break your home buying process into small steps. Contact Us. We will be there with you every step of the way.
if you have any questions.
When you DREAM BIG, we all RISE TOGETHER.
St. Louis Mortgage Company Loan Types
|Mortgages that are not insured by the federal government usually offer lower rates and a high degree of flexibility. They're popular with borrowers who have a good credit score, a stable job with a steady income, who can afford a down payment, and people who are financially stable overall. Of the many options that will be available to you, make sure to find a loan type and a loan process that aligns with your current financial situation and goals.
Construction loans are for building to your exact specifications! If you're building your dream home or doing significant remodeling work for an existing home, a construction loan could help you get the work done. We offer 90% or 80/10 opportunities for second homes which include the ability to approve non-warrantable condos. We also offer up to 80% for investment property condos with an opportunity to couple a 10% piggyback. Finally, we offer portfolio product services in-house. Loan amounts are up to $1.5 million with the ability to make exceptions.
|USDA loans are for those who want to live away from cities and enjoy country living. A USDA loan is guaranteed by the U.S. Department of Agriculture, offers a low mortgage rate, a low monthly payment, and allows the borrower up to 100% of the appraised home value.
|A Dr. loan is for medical professionals. Whether you're a resident or a doctor, this loan allows flexibility up to 100% and does not factor in student loans when considering your financial history.
|An ITIN loan is for U.S. residents without social security numbers. ITIN loans are designed for borrowers who do not have a social security number but can provide an ITIN number as a form of identification.
|A Veteran Affairs (VA) home loan is a great benefit to qualified military personnel during and after their service. With no money down, no lender fee, no private mortgage insurance, and a competitive or reduced interest rate, VA home loans are a great option for current and former service members and are partly guaranteed (typically a quarter of the loan value) by the U.S. Department of Veterans Affairs.
|Whether you're interested in a Home Equity Line of Credit or a Home Equity Loan, we offer a variety of options to meet your needs - both big and small. It will allow you to remodel or build on your home without having to take out another mortgage.
|These loans are ideal for homebuyers who may be working through credit challenges or less able to invest in a down payment. The FHA home loan was designed to make homeownership affordable. Federal Housing Administration loans are for primary residences only.
Your Dream of Owning a Vacation Home is Our Dream Too
We are Proud to be a Top Mortgage Provider
We are honored to be named a Top 10 St. Louis Mortgage Company by MortgageYields.com.We firmly believe that as your St. Louis Mortgage Company, when we DREAM BIG , we all RISE TOGETHER.
Whether you are buying a new home, refinancing your current home, building your dream home, or tapping into your home's equity, our home loan experts are ready to earn your 5-star review.
Your First-Time & Forever Home Mortgage Provider
Buying a home can often feel overwhelming for qualified borrowers. When you choose to buy a vacation or investment property, the mortgage process can get even more complicated from real estate, financing, and tax standpoints.
Whether you're looking to refinance, buy, or build, an expert mortgage broker is here to take the complexity out of home borrowing. Everyone's story is different, but we've helped people find comfort and confidence in choosing their home loans for over 100 years. We're proud to offer home loan options to meet a wide variety of financial needs, including a 100% mortgage financing option that gives buyers the ability to purchase a home with zero down payment.
Real estate agent professionals can have confidence in knowing that your clients are in good hands. We will work with you at every step of the process, offering exceptional service to your clients to successfully understand closing costs and close transactions.
Our best-in-class technology offers a seamless customer experience from application to close, with an intuitive, secure cloud-based application for borrowers. Coupled with the service offered by our top-rated home loan specialists, you’ll receive a simplified and personalized experience from a professional mortgage lender.
We work hard to meet people where they are to help them get to where they want to be. By doing this, our Bank creates the conditions for all to DREAM BIG.
I invite you to learn more about Midwest BankCentre and how we can help you and your clients step into the home of their dreams. By working in collaboration, we can all RISE TOGETHER.
-Orvin T. Kimbrough | Chairman & CEO
Why Should You Work With Us?
Midwest BankCentre supports more than 1,400 home purchases, refinances, and HELOCs annually. We offer local decision-making which leads to quick responses. With loan officers, mortgage brokers, credit, and operations all under one roof, you benefit from coordinated and agile efforts that maximize your yield and reduce the time it takes to close.
We provide personalized services and a dedicated relationship manager, not a 1-800 number. Our average customer service rating is 4.85 out of 5 stars with more than 2000 reviews! We know that every borrower is different, and we’re happy to offer a customized loan option for an optimal mortgage payment. We help customers navigate the home loan process with a comprehensive list of products that meet their home loan program needs.
We hope to be your first-time & forever mortgage provider.
About Midwest BankCentre
Midwest BankCentre is St. Louis' second largest locally owned bank with assets exceeding $2.5 billion and deposits total more than $2 billion. Midwest BankCentre employs a staff of about 280 working at bank locations throughout the St. Louis region.
We work to empower people, enable business, and energize neighborhoods through the strength of our financial services, including personalized consumer and business banking, business cash management, St. Louis mortgage lending, home equity loans, financial planning and investments, insurance, and digital banking. We customize our banking solutions for each and every customer, offering a comprehensive list of products at competitive rates and fees. We provide personalized services that meet your unique needs to help you achieve your goals.
We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER.
Awards and Recognition
Midwest BankCentre is honored to receive numerous awards celebrating the strength of our Bank, the work that we do, and the talent of our team. But winning awards is not our goal. Our hope is that through these awards, people will see our work to improve local conditions that help more St. Louisans to thrive, and join us by opening savings, checking, and loan accounts so that we can continue to help everyone step into their dreams.
Rated 5-Star Superior for Financial Strength & Stability by BauerFinancial: Midwest BankCentre is one of the few banks in St. Louis to consistently receive the prestigious 5-Star Rating for financial strength & stability from BauerFinancial (www.bauerfinancial.com).
Our other awards:
- Best Bank in St. Louis by Small Business Monthly - 2019, 2020, 2021,
- Top Work Places by St. Louis Post Dispatch - 2021, 2022
- Top 10 Mortgage Provider in St. Louis by Mortgageyields.com
- 5 Best Mortgage Brokers in St. Louis by Kevsbest.com
- Better Business Bureau Torch Award: Given to us for our excellent customer service and ethical business practices.
- Independent Community Bankers of America (ICBA) - 2018 National Community Service Award Recipient: One of only 4 awardees across the country
- America's Bankers' Association (ABA) - 2019 National Community & Economic Development Award Recipient