Mid-Illini LEnding services
At Mid-Illini Credit Union we know that owning your home is a great opportunity, and a great responsibility. If you’re looking for a new house, Mid-Illini would love to be part of your journey by helping you secure a mortgage. And with our great rates, we hope to help you find the home of your dreams.
Already own a home and need to borrow against your equity? We can help with that, too! A Mid-Illini Home Equity Line of Credit, or second mortgage, is a great way to get the funds for the things you want.
When you are ready to buy a vehicle, get pre-approved with Mid-Illini Credit Union. Mid-Illini offers aggressive rates and a variety of loan terms to provide a payment that fits into your budget. Start the process today by submitting your application for pre-approval. It may be possible to even sign your Mid-Illini loan right at the dealership to save you time. Learn more about the excellent loan options available at Mid-Illini Credit union. Apply online now!
Whether you’re looking for financing for commercial real estate, new equipment or vehicles, or business lines of credit, Mid-Illini is your answer for business lending. Learn more about our business lending programs.
Whether you’re a new student just starting out, or you're headed back for another round, the Smart Option Student Loan® for Mid-Illini Credit Union by Sallie Mae® could be your answer to tough tuition questions. Learn more or get started with your application here!
All Mid-Illini Visa Credit Cards include ScoreCard Rewards points! It's free and easy to sign up. Just register your card on the ScoreCard Rewards website. Learn more about your many credit options when you choose Mid-Illini Credit Union.
Credit Builder Loans
Are you working to rebuild your credit? Let us help with a Credit-Builder loan.
Payments on these secured loans are reported to the credit bureaus just as they would be for an installment loan or credit card, which is one of the fastest ways to improve your score.
Savings Secured Loan
- Deposit 105 - 110% of the amount you want to borrow in a savings account*
- Use the account balance as collateral for your loan
- Neither your current credit score nor your debt to income ratio is a contributing factor for this loan
- Lower interest rate than a credit card
- Reported to credit bureaus as an installment loan
Secured Visa Credit Card
- A debt-to-income ratio must be less than 40%
- The minimum credit limit is $250
- 130-150% of credit limit must remain in a Mid-Illini savings account for as long as this Visa card is active
- Reported as payments on "revolving" credit
Prefer a paper loan app? Download one here.
*Amount of deposit required varies. Contact the Mid-Illini Lending Team for details.
Mid-Illini Credit Union members have used their Signature Loans for everything from vacation to medical bills, new dishwashers to debt consolidation. What will you use your loan for? Learn more about Signature Loans from Mid-Illini Credit Union.
Debt Consolidation Loans
A Debt Consolidation Loan from Mid-Illini lets you make just one payment each month, and in most cases can help lower your monthly payments, raise your credit score and eliminate higher-interest debt faster than you ever thought possible! Just ask Mid-Illini member Malissa, from Clinton:
"Mid-Illini helped me consolidate my home, auto, business, and student loans. They also helped my husband consolidate his. With their help, our payments are more manageable, and our credit is better, so we can get a mortgage loan and buy a house sooner. Thank you!"
Loan approval will be based on individual circumstances. All members may not qualify for the Debt Consolidation Loan program.
Is it time to plan your next adventure? Need a relaxing getaway? Apply now for a vacation loan!
Mid-Illini membership required. Applicants must meet underwriting guidelines to qualify for loan approval.