Empowering FIRST-TIME HOMEBUYERS.

for first-time Homebuyers²

$0 Down Payment
No Private Mortgage Insurance
640 Minimum Credit Score
Don't have credit? We may be able to help
Up to 45% Debt to Income Ratio
No Limits on Gift, Grant or Seller Contributions

Available only at MidWestOne

²Borrower income, property location and other restrictions apply. Homebuyer education course is required to be completed by borrower. $1,000 borrower contribution toward closing costs is required. Homeowners insurance and flood insurance (if applicable) is required. Loan is subject to credit approval and standard loan fees apply. This offer is subject to change without notice. Please contact MidWestOne for complete program details.

Simply Better Home Loans.

Are you ready to buy your first home, but don't know where to begin? Take the first step by talking with a Home Loan Expert at MidWestOne. Our experienced mortgage team will take the time to answer all of your questions and be with you every step of the way, so can feel confident about your decision to buy your first home.

Why finance your first home with MidWestOne bank?

Buying a home can be an important step toward achieving independence and financial security, but for many would-be first-time buyers the hardest part is to just get started. We understand this and we want to help you to help you to realize your dream of owning a home. Our first-time homebuyer program was created to provide a simply better home buying experience, with an experienced mortgage team who will guide you every step of the way, access to FREE financial education resources, and available $500 closing cost credit¹ when you save for your first home and finance it with MidWestOne.

Feeling ready to buy your first home? Click here to take your first step.

Get Started

All loans subject to credit approval.

Get help with your closing costs.

Get a $500 credit1

when you save $1,000 toward the purchase of your first home.

Open a new MidWestOne Personal Savings account and start saving today
Application for MidWestOne home loan must be received by December 31, 2021

Learn More

Family having fun while moving into their new home purchased with a MidWestOne home loan.

Owning a home may be more achievable than you think.

Some buyers think that they might not qualify for a home loan or any first-time homebuyer programs. The best thing to do is to talk with a Home Loan Expert at MidWestOne. Our experienced mortgage team will take the time to answer all of your questions and help get you started in the right direction.

Down payment assistance

Our experienced mortgage team can help you find and qualify for down payment assistance programs available through your state.

Closing Cost Credit

MidWestOne wants to help you realize your dream of owning a home. Ask us how you can receive a $500 credit¹ toward closing costs when you save for your first home.

Contact a Lender about Home Equity Special

Financial Education

Buying your first home can be confusing. Stay informed and be confident in your future with help from MidWestOne mortgage experts.

Learn More about First Home Now

Have questions? Contact a MidWestOne Mortgage expert.

¹To receive the $500 credit for closing cost, open a new MidWestOne personal savings account and have at least $1,000 saved in the account when you apply for a first-lien home purchase loan with us. We must receive your loan application on or before 12/31/2021. Limit one per household. This promotion cannot be combined with any other offers and is not a commitment to lend. Mortgage loans are subject to credit approval.