|20 Year Fixed Bi-Weekly with Auto-Pay||4.250%||4.268%|
|15 Year Fixed Auto-Pay||3.650%||3.684%|
|10 Year Fixed Auto-Pay||3.500%||3.549%|
|1-Year Auto-Pay ARM with 15-Year Term||1.375%||1.407%|
|1-Year Auto-Pay ARM with 10-Year Term||1.375%||1.422%|
|3-1 ARM with 15-Year Term||2.125%||1.685%|
|3-1 ARM with 10-Year Term||2.000%||1.746%|
|15 Year Fixed HE Loan||5.000%||5.000%|
Click on the Rate or APR for payment information.More Rates
At Merchants Bank, 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.
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
Make payments, check balances and more from your smartphone. Download our free Mobile Banking App here. ($3 monthly fee applies to Free Checking for Life account holders.)
Whether it’s home improvement, education expenses or a vacation,
put your home’s equity to work for you. Apply online.
Use your Debit Card to pay for groceries, gas, movie tickets and more. And Rewards Checking customers earn cash back on all Debit Card purchases. Learn more.