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VIDEO | Mortgage Loans at the Push of a Button

Mortgages today can feel like they take forever from the time you press “Enter” on your application to when things actually start happening. Put an end to the long wait with Great Midwest Bank. Our mortgage loan process consists of our expert local Loan Officers asking all the necessary questions up front to ensure there are no waits, no surprises, and no stress from application to closing. Before you push that button on a generic mortgage application, call GMB. We’ll help you find your perfectly personalized home mortgage loan option.     MORTGAGE  |  HOME EQUITY  |  DEPOSIT  |  CD AND IRA

Greetings from GMB Hartland

  Just a quick half hour drive from Milwaukee on I 94-W, you will find the Great Midwest Bank Hartland branch. This location opened in 1974, at which time it was made up of three GMB employees. Currently, Hartland is home base for seven employees, including Loan Officers Matt Gaulke and Dawn Chavez. Our Hartland team is known for being helpful, dependable, and organized. Many of their employees have been with Great Midwest Bank a very long time. In fact, they have seen their customers and their customers’ families through three generations!   At Great Midwest Bank, our portfolio product is one of a kind. We use “common sense” underwriting to look at each customer’s situation on a case-by-case basis…. Read the full article.

Say “Hi” to GMB Bayside

  The Bayside branch of Great Midwest Bank opened in 1975 with four employees. It has increased to include five of our GMB co-workers, including Loan Officers Mark Scaduto and Cyndie Higgins for all of your home buying, building, refinancing, and renovating needs. The Bayside branch, not unlike our other locations, thrives on customer service. The entire team loves going above and beyond for their community. Our Loan Officers and tellers go all out to ensure everyone is receiving the best service possible. One of their favorite customer service stories is about a local, long time customer who expresses how much she loves coming to this GMB branch because our Bayside co-workers look out for her well-being. They hold the… Read the full article.

Welcome to GMB Brookfield

  The Brookfield branch, which is the flagship location of Great Midwest Bank, opened in 1974. It started out with about 40 employees and now, over four decades later, it proudly employs 54 team members! Whether you are looking to renovate, build, refinance, or buy a home, Loan Officers Bob Domach, Melissa Zavadil, and Ginny Myszewski are on site and at your service! As our main – and largest – location, Brookfield is also the location our executive team is based, but you won’t find them hiding in their offices. Our leadership team loves walking around, interacting with their coworkers, problem-solving, and assisting coworkers and customers whenever they can. Besides running into our executive team, you might also run into… Read the full article.

A Lesson in Multitasking: Buying and Selling Your Home

No matter how many times you have done it, home buying can be stressful. Home selling, whether it is your first or fifth time, is another complex process. Doing both at the same time? Spoiler alert: it’s not always smooth sailing! For starters, it can be tough to line up your home sale and home purchase to happen on the exact same day. A few questions this can bring up: Will you need a temporary place for you and your belongings? Will you have to pay for (and do you qualify for?) two mortgages at once? Do you need your sale proceeds to use as your purchase down payment? When it comes to buying and selling at the same time, an… Read the full article.

Simple DIY Ideas to Freshen Up Your Home

  Small home improvements can have a big impact! Whether you’re getting ready to sell or just want to enjoy an updated space, here are some simple and creative ideas to freshen up your home this spring. To make the biggest impact on the look and feel of any room, simply paint the walls. A new wall color creates a whole new atmosphere, and sticking with solid, neutral, lighter colors makes a space feel larger. Bonus: if and when you sell, lighter neutral tones will appeal to more buyers! Another easy way to enhance a space is to replace old light fixtures. Update hanging lights and wall sconces to bring a new energy to your dining room, foyer, kitchen, and… Read the full article.

Home Buying Tips for the Newly Engaged

    Did the love of your life recently pop The Question? Or maybe an engagement is just around the corner? This very exciting life step also comes with the unique challenge of navigating your finances together. Search the web and you’ll find an overwhelming list of articles on how to prepare for the big day, but planning for a bigger investment – your new home – doesn’t have to be complicated! Enjoy the happiness of starting your life together and let us simplify the steps to your home purchase. Communicate, communicate, communicate If you’re getting ready to share your life with someone, an honest discussion about finances is an important starting point. Some topics you may want to cover… Read the full article.

Wisconsin Market: 2017 is the Right Time to Move

  Is now a good time to get into – or back into – the housing market? “Yes!” It’s a simple answer to a complex question, and that’s why we’re here to help. Whether buying, selling, or building, now is a great time to dive into the strong Wisconsin housing market.  Below you’ll find recent housing trends that prove 2017 is the time to get moving… literally! Increasing home prices In 2016, existing home sales and home prices both rose steadily. In fact, from November 2015 to November 2016, Wisconsin home sales were up 19% and median prices rose 8.3%. With this trend only expected to continue, why wait to start the search for your first – or next –… Read the full article.

Four Reasons to Refinance

When you think about refinancing your mortgage, we know what comes to mind: Mountains of paperwork. Confusing acronyms. What is APR? PMI? LTV?! Thankfully, we’re here to provide some relief from overwhelming terms and bring clarity to the process. As a start, let’s break down some common benefits of refinancing. Reduced monthly payments Looking to relieve financial stress? Refinancing into a lower interest rate can lower your payment. Additionally, if your current mortgage is on a 15 year or 20 year repayment period, for example, refinancing into a longer repayment period (30 years) can reduce monthly payments. Pay it off sooner This is a great option if you can afford the monthly increase that often comes with a shorter repayment… Read the full article.

How to Finance Your Home Improvements

  So you’ve made the decision to improve your home rather than move to a new one. What now? It’s time to start thinking about your financing options. At Great Midwest Bank, our loan options range from Home Equity Loans to Construction Loans, and we’re happy to help you find the best fit for your renovation needs! A Home Equity Loan is a simple, less costly when it comes to a minor remodel. Our local loan officers will either use a new appraisal cost or a tax assessment to determine the current fair market value of your home, rather than basing the loan amount on the value of the home after the remodeling project has been completed. In some cases,… Read the full article.