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what type of a mortgage are you looking for?


Mortgage Loan Options

Whether you're buying your first home, upgrading, or looking to refinance your current loan, we have options to meet your needs. We invite you to discover how Blackhawk Bank & Trust can help guide you through the process. See below for information on our mortgage options including: 

  • Conventional mortgages
  • Adjustable Rate mortgages
  • Government guaranteed mortgages
  • Construction loans
  • Jumbo mortgages

Check current rates

Fixed Rate Mortgages

The Blackhawk Bank & Trust fixed rate mortgages have flexible terms to help meet your needs whether you are looking to purchase a new home or to refinance your current home. Plus, take comfort in knowing you can make your loan payment at any Blackhawk Bank & Trust location throughout the life of your mortgage!  

  • Low down payment options
  • Flexible terms
  • Competitive rates
  • Free pre-qualification
  • Easy online applications
  • Downpayment Plus Programs available

Apply for a Mortgage

Check Mortgage Rates

Adjustable Rate Mortgages

Our Adjustable Rate Mortgage loans are flexible alternatives to conventional fixed rate mortgages and are underwritten, housed, and serviced right here, at Blackhawk Bank & Trust. Payments can be made directly to any branch throughout the life of the loan. 

  • 3/1 and 5/1 Adjustable Rate Mortgage (ARM) products
  • No private mortgage insurance (PMI), required
  • Below market closing costs
  • Downpayment Plus Programs available*
  • Free pre-qualification
  • Easy online application

Apply Now

Check rates on ARM products

*Downpayment Plus® is a matching program from the Federal Home Loan Bank of Chicago. Restrictions apply. Please see the Federal Home Loan Bank of Chicago’s website at for complete requirements. “Downpayment Plus” is a registered trademark of the Federal Home Loan Bank of Chicago.

FHA and VA Loans

Blackhawk Bank & Trust offers a full range of mortgage options including FHA and VA Loans. Questions? Send us a secure email, using the following link or call us at (309) 787-4451.

FHA (Federal Housing Authority)

Federal programs make home financing available and affordable, helping to make many borrowers dreams of home ownership a reality. Stop in to speak with a mortgage specialist to determine if you are eligible for an FHA loan and all the benefits that come along with it. 

  • Low down payments option
  • Credit scores as low as 580
  • Competitive rates
  • Free pre-qualification
  • Easy online application


VA (Veterans Affairs)

The Blackhawk Bank & Trust team of experienced mortgage specialists are here to help service members, veterans, and eligible surviving spouses become homeowners. Work with our team to determine your Veterans Affairs loan eligibility and to learn about the benefits that are available through the federal programs.

  • Up to 100% home financing; no down payment required
  • No private mortgage insurance required
  • Competitive rates
  • Free pre-qualification
  • Easy online application


Construction, Renovation, and Home Improvement Loans

What have you been dreaming up? From a major remodel, to renovating your home, to building a home from the ground up, discover if financing your project with Blackhawk Bank & Trust can make your dream a reality.

  • Contractor or home buyer financed projects
  • Competitive rates
  • Reduced closing costs with end financing through Blackhawk Bank & Trust

Want more information? Please call (309) 787-4451 and ask to speak with a Loan Officer. You can also email us.

High Balance Mortgage Loans

Looking to purchase a larger home in a more expensive area? Blackhawk Bank & Trust offers the ability to finance a home over $484,350 with our high balance loan option. 

  • Fixed rate or Adjustable Rate Mortgages (ARM) available
  • No private mortgage insurance (PMI) required
  • Free pre-qualification
  • Easy online application

Apply Now

Mortgage Refinance

Refinancing your existing home loan can be a smart way to change the length of your home loan's repayment period and potentially lower your interest rate and monthly mortgage payment. Visit with our mortgage team today to determine if refinancing is a smart decision for you.

Refinancing benefits:

  • Reduce your monthly payment
  • Debt consolidation
  • Home improvement
  • Education expense financing

Check current refinance rates