|20 Year Fixed Bi-Weekly with Auto-Pay||3.800%||3.819%|
|15 Year Fixed Auto-Pay||3.230%||3.264%|
|10 Year Fixed Auto-Pay||2.980%||3.029%|
|1-Year ARM with 15-Year Term||1.375%||1.407%|
|1-Year ARM with 10-Year Term||1.375%||1.422%|
|3-1 ARM with 15-Year Term||2.625%||1.873%|
|3-1 ARM with 10-Year Term||2.375%||1.941%|
|15 Year Fixed HE Loan||4.700%||4.700%|
Click on the Rate or APR for payment information.More Rates
At Merchants Bank, we don't sell off your mortgage. We maintain and service our residential mortgages in-house, keeping your mortgage in local hands.
If you are buying a home or looking to refinance, let Merchants Bank take the pain out of the mortgage process.
- You-Win Rate Lock
You-Win Rate Lock
At Merchants Bank, you have the option to lock in your mortgage rate, certain restrictions and conditions apply.
Mortgages can be used to purchase or refinance your primary residence or a second home suitable for year-round occupancy.
- Variety of terms, with fixed or adjustable rates
- Maximum loan-to-value ratio of 80% of appraised value
- Maximum loan amount of $417,000
View all loan and deposit rates
Sign up for one of our free classes and get the knowledge you need to make smarter financial decisions.
Whether it’s home improvement, education expenses or a vacation,
put your home’s equity to work for you. Apply online.
The bank’s routing number is: 011600020