Loan Programs

Merchants National Bank has an extensive number of loan products for your personal borrowing needs. Meet with one of our experienced loan officers and see how we can become part of your successful financial future!

Home Mortgage Loan

When you need a loan for the purchase or refinance of your primary residence, a second home, or a real estate investment property, our home mortgage loan experts have a variety of loan programs to meet your needs.

  • 10, 15, 20, and 30 year fixed rate conventional loans
  • Adjustable Rate Mortgages (ARMs)
  • Jumbo mortgage loans
  • Interest only loans
  • Lot loans
  • Home buyers assistance program available

Construction Loan

We have different loan programs available including the most popular, a one-closing construction loan. With the construction-permanent loan (one-closing construction loan) you pay interest only during the construction period and then regular payments when your home is complete.

Home Equity Fixed Rate Loan

The equity in your home can be used for a variety of purposes, including a new pool, garage or debt consolidation. By using the equity in your home, we are able to offer you attractive fixed rates and affordable payments. The interest you pay may be tax deductible (please consult your tax advisor).

Home Equity Lines of Credit

You can tap into the equity of your home using a revolving line of credit. Once your line of credit is approved you can use and reuse this line as often as you wish simply by writing a check or transferring the funds into your Merchants National Bank checking account. Under current tax laws the interest you pay may be tax deductible (please consult your tax advisor).