Since 2010, our 14 day close has been helping buyers get their offers accepted.
Purchase that fixer using the VA Renovations and Alterations Program. Up to $200,000 available on a Purchase or Refinance
Once the pre-approval letter is issued, you can count on your loan closing. Your loan is completely underwritten before you start making offers.
Rates are published each morning and subject to change without notice based on market conditions - Rates vary from state to state.. VA Rate/APR based on first time use of VA benefit. The VA 30 Year Fixed Rate is based on a $650,000 loan amount for a property in Texas paying 1 discount point and credit score 740+. The VA Jumbo rate is based on a $800,000 loan amount for a property in Texas paying 1 discount point and credit score 740+
Calculate how much your monthly mortgage payment could be.
* Results are hypothetical and may not be accurate. This is not a commitment to lend nor a preapproval. Consult a financial professional for full details.
See All Mortgage CalculatorsMerchants Home Lending was a proud sponsor of the 2023 San Diego Veterans Tennis Classic. This event featured the US Naval Academy Men's and Women's Tennis programs. It also included clinics for the local San Diego Wounded Warriors Tennis Program and the children of local military families.
For the third summer in a row, Merchants proudly sponsored the children of military families for Tennis Camp Scholoarships through Youth Tennis San Diego. For 2023, we assisted 26 military families.
Zero down home loans up to $5,000,000 with no mortgage insurance.
Utilize up to 100% of your home equity to invest, improve your home or pay off high interest debt
Use your VA Benefit to Purchase a Multi-Family property using future rents to qualify. No landlord experience necessary.
It is our policy to offer the lowest rate and closing costs available on the day that you lock in your VA home loan.
Many of our competitors, including the #1 VA lender in the US, will lock you in at a higher rate with higher closing costs to see if you will accept those terms. They will only offer you better terms if you start talking with other lenders.
If you do not think this is a good business practice and prefer to work with a lender that provides their best offer the first time, let's get your application started.
Your best decison was to become a homeowner. Your second best decision was arriving here. Buyers who use Merchants for their financing have an 83% better chance of getting their offer accepted in this historically tight market.
The VA will allow you to purchase a 4 unit property with zero down as long as you will live in 1 of the units. You can even use the rents from the other 3 units to qualify for the mortgage.
Learn MoreIf you are a 100% disabled veteran, your property taxes will be reduced after you take ownership of the home.
Learn MoreCalvet will allow 100% financing for veterans who were on active duty for only 90 days.
Learn MoreYou've earned the VA Benefit, see how to create generational wealth.
Learn MoreUsing your zero down VA, you can receive up to $31,000 over the sales price to make home improvements.
Learn MoreWe have the resources to get any VA condo approved by the VA in as little as 14 days. This allows you to make an aggressive offer on a condo not currently approved by the VA.
Learn MoreThere are certain scenarios where you can make an offer with no appraisal or loan contingencies using VA financing. Click to schedule an appt for more details.
Learn MoreIf you have the ability to put down 12.5% on a purchase, you can use a co-borrower who is not a veteran to help qualify for the loan.
Learn MoreIf you can qualify for the new mortgage and your current housing payment, we can close your VA loan 6 months before your PCS date.
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