|20 Year Fixed Bi-Weekly with Auto-Pay||3.365%||3.424%|
|15 Year Fixed Auto-Pay||2.855%||2.934%|
|10 Year Fixed Auto-Pay||2.700%||2.815%|
|1-Year ARM with 15-Year Term||1.500%||1.467%|
|1-Year ARM with 10-Year Term||1.500%||1.511%|
|3-1 ARM with 15-Year Term||2.750%||1.965%|
|3-1 ARM with 10-Year Term||2.500%||2.073%|
|5 Year Fixed HE Loan||2.970%||2.970%|
|15 Year Fixed HE Loan||4.610%||4.610%|
Click on the Rate or APR for payment information.More Rates
If you are buying a home or looking to refinance, let Merchants Bank take the pain out of the mortgage process.
- Rate Lock Program
You-Win Rate Lock
At Merchants Bank, you have the option to lock in your mortgage rate, certain restrictions and conditions apply.
- Free Pre-Approval
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
Use your Debit Card to pay for gas, groceries, gifts and more. And Rewards Checking customers earn cash back on all POS Debit Card purchases. Learn more.
With personalized service and competitive rates we will help you choose the best loan for your situation. Check today’s rates. Apply online or at a branch near you.
The bank’s routing number is: 011600020