Notify Us of Travel Plans

Travel plans for Independence Day? Let us know if you’ll be traveling out of the tri-state area to ensure your Merchants Bank debit or credit cards continue to work. Submit a travel alert in Online & Mobile Banking or call us at (866) 496-0522. Have a safe holiday!

Mortgage Pre-Approval 

Mortgage pre-approval is a simple application process to determine if you qualify for a mortgage. Your credit and income information are the main factors taken into account. If you do qualify, a pre-approval has many benefits. It will let you know how much house you can afford and show home sellers you are serious about a home purchase.

Traditional Mortgage or Refinance

Most mortgages fall into the category of a traditional mortgage, which allows you to buy a home or refinance your current mortgage.

Veterans Administration (VA) Mortgage

A government guaranteed mortgage, available for eligible veterans and spouses who meet a number of specific requirements. Offered as a small token of our gratitude for your humbling bravery and service. 

Federal Housing Administration (FHA) Mortgage

If you require a smaller down payment or are using a down payment from other sources such as a gift, this is the perfect mortgage for you. A more flexible mortgage loan option for first-time home buyers or those with past credit issues.

Rural Development Mortgage

A government guaranteed mortgage to low or very low-income applicants in eligible rural areas who meet specific requirements. 

Minnesota Housing Mortgage

A more affordable mortgage option for those needing payment assistance or a special loan structure. 

Medical Professional Home Loan Program

A specialty mortgage program for medical professionals that streamlines the process and reduces some fees that often come with traditional mortgages.

All mortgage loans are subject to credit approval.

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