Home | Social | Locations | (888) 485-4400

Financial Planning

Coming Soon! Upgrades to Our Internet Banking application.
You will notice minor changes to the login process. After you have successfully logged in, the format will be slightly different. All previous functions are still available. If you have any questions or need additional assistance, please contact our main office during normal business hours at 262-784-4400 (Monday-Friday, 8:30am-5pm) and ask for Retail Online Banking.

GMB Blog

Important information on the COVID-19 Virus Situation

At Great Midwest Bank, the health and well-being of our customers, employees, and communities is a top priority. We are in the business of serving people and in the midst of this Coronavirus (COVID-19) outbreak, it’s important we communicate to you the procedures we are following in all of our offices to minimize risk. Effective March 24, 2020,  in conjunction with Wisconsin’s mandated “safer at home” announcement, Great Midwest Bank will remain open as an essential business, with limitations on access to our buildings. For mortgage closings, our Loan Officers will arrange for an in-person closing as “wet” signatures are required. The public is allowed to travel to our office for a mortgage closing as banks are considered essential.  Additionally,… Read the full article.

What is Common Sense Lending?

At Great Midwest Bank, we use the phrase “common sense lending” a lot. Maybe you’ve heard it before but what does it mean? Common sense lending is the method of looking beyond mainstream lending criteria to consider all circumstances individually.  In other words, common sense lending means we take the time to get to know you and your situation, not just your credit score and income history. Why? Because those two numbers alone don’t tell the whole story about you. Instead, we go one step further with a more personal approach. Let’s take a closer look at how GMB’s common sense lending philosophy can help you. No computers, no algorithms. Just a human and common sense. Every loan application submitted… Read the full article.

11 Questions to Ask If You’re Thinking “For Sale By Owner”

When the time comes to sell your home, there are plenty of questions on your mind, especially if you’re thinking about going the For Sale By Owner route. How much is my home worth? What’s a fair selling price? Should I list my home with a Realtor? Can I even sell my home myself? If you find yourself leaning towards listing the house yourself, here are 11 questions to answer when listing your home as For Sale By Owner (FSBO). Can you price your home competitively as a For Sale By Owner? It sounds like an easy one for most homeowners but with little or no experience in real estate or the housing market, homeowners like yourself may not be sure… Read the full article.

Should you buy or build your new home?

To build or not to build? That is the question. If you’re in the market for a new home, you’ve probably started thinking about whether you’d like to buy an existing home or dive into a new home construction project. This decision includes multiple factors, including convenience, cost, and customizable features, and how important each of those may be. While both the buy & build options have their pros and cons, there’s no denying that obtaining a brand new (or new-to-you) home in any capacity is an exciting step! The good news:  Our experienced loan officers have helped hundreds of borrowers through the same decision process and are equipped to answer any questions you may have about financing your purchase… Read the full article.

Five Things Wisconsin Borrowers Should Know about Jumbo Mortgage Loans

Jumbo loans have become a more popular topic in recent years as the market for homes in metro-Milwaukee – high-end properties included – remains competitive. Jumbo loan financing is  specialized, and because of this, some mystery and confusion surrounds the topic. At Great Midwest Bank, we offer jumbo home mortgage loans for those in the market to purchase or refinance qualified homes. There are a few factors that differentiate jumbo loans from standard home mortgage lending products, and we’re here to clear up any questions both new and experienced borrowers may have about jumbo loans. Contact our experienced loan officers to discuss any additional questions. Here are five things Wisconsin borrowers should know about jumbo home mortgage loans: 1. What… Read the full article.

Five Tips for First-Time Home Buyers

Here at Great Midwest Bank, we’re always excited to assist first-time home buyers during their search for the perfect place to call home. While the road to owning your first home can be a long and winding one, the pride you’ll feel when the papers are signed is worth the journey. The benefits to owning a home are countless – it’s a good investment that will allow you to build equity, a strong credit history and so much more. Your first home may be where you raise your family. Homeownership offers you several intangibles that can be difficult to recognize until you move in, meet the neighbors and embrace that sense of community. With over eight decades of experience, we… Read the full article.

3 Ways to Finance Your Home Renovation

Home improvement isn’t just a successful TV show from the 90s. It’s also a great option for those who love their homes but want to make some upgrades! Making renovations to a few key features in your current home can make it feel brand new without the hassle of a full move. But once you’ve made the decision to renovate your current home, what comes next? Thinking about financing options is a great place to begin your home renovation journey. At Great Midwest Bank, our loan options range from Home Equity Loans to Construction Loans, and experienced loan officers are happy to help you find the best fit for your renovation needs! Here are three financing options for your home… Read the full article.

Five FAQs about Renovation and Home Construction Loans

Great Midwest Bank has been Wisconsin’s Simply Local home mortgage loan lender for over 80 years. Throughout the last eight decades, we’ve perfected our personalized, common sense lending approach to products and services for the communities we serve. The expansive knowledge of our experienced loan officers makes them a great resource for those looking to buy, build, renovate or refinance. With customized options for home mortgage loans, home construction loans, renovation loans, and more, they’ve been around the block a time or two, and know the ins-and-outs of all things lending. Home construction loans have increased in popularity in recent years. We’ve also witnessed an increase in major home improvement projects that require financing: home additions, backyard upgrades, and kitchen… Read the full article.

From Start to Finish: The GMB Home Mortgage Loan Process

Understanding what you’re in for during the home mortgage loan process can make all the difference when it comes to having a positive experience. This step-by-step home mortgage loan process will help you know exactly what to expect throughout your journey. This guide, along with Great Midwest Bank’s experienced Loan Officers –  who are excellent resources for any additional questions you may have – can help make the home mortgage loan process simple and stress-free. Step 1: Submit an application for your loan pre-approval Submitting an application for your home mortgage loan pre-approval can be done conveniently online in as little as 20 minutes. Another option, since Great Midwest Bank is your Simply Local equal housing lender, is to stop… Read the full article.

Tips for Finding the Perfect Lot for Your New Home Construction Project

Purchasing the right lot to fit your new home construction project is no small task. Consider these three tips as you shop for the right piece of land. Selecting a lot for new home construction isn’t a decision that should be taken lightly. After committing to build a new home, it can be easy to get caught up in important details like exterior design and selecting a builder. However, choosing the right lot for your new home construction can greatly affect future value of this life investment you’re committing to. Take some pressure off of this process by considering these three tips when purchasing the right lot for your new home construction. Location, location, location Making a checklist of must-haves… Read the full article.