ASSISTING HOMEBUYERS SINCE 1992
Since 2010, our 14 day close has been helping buyers get their offers accepted.
Your dedicated SPC Loan Officer will be with you through
the entire process, from pre-approval to close.
We do not pass your file through multiple departments
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 Start as Low As
VA 30 Year Fixed
Conv 30 Year Fixed
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. 740 credit score assumed on a $650,000 loan amount for a TX property paying 1 discount point. The Conventional loan rate assumes a 20% down payment
Calculate Your Monthly Mortgage Payment
You Are the Next 5 Star Review
From Veterans like you!
My wife and I recently bought our first home using a VA loan and are ecstatic with the experience we had with Merchants! We feel very blessed to have found such a great lender. I was initially under the impression that all lenders are pretty much the same, but Merchants proved to me that your choice of lender can make the difference of many thousands of dollars. Through Merchants, we got a significantly lower rate and closing cost than any of the many other lenders we contacted could provide
My wife and I recently closed on our home and wanted to highlight the excellent service we received from Bill and Shelley at Merchants home lending. Their low rates as well as their ability to meet the 14 day closing timeline made all the difference in getting us across the finish line, especially in this competitive market. Everything was completed as advertised and we were very impressed with the process. We will be using Merchants again in the future for all of our home lending needs. Thank you to Bill and Shelley!!
Our closing schedule was very quick, and Merchants was extremely punctual every step of the way. Bill and Shelley were always patient and responsive with all of our questions. The entire process was as smooth as imaginable. Merchants will be my top recommendation to friends looking to buy or refinance in the area.
The best part of buying our first home was Merchant's Lending. Bill and Shelley are amazing. Buying a home from across the world wasn't easy, especially in a competitive and constantly changing market. We got an amazing interest rate with Merchant's, far lower than any others we saw anywhere. Not only is our rate great, we were ready to close in less than two weeks. Bill and Shelley were very patient with answering our never-ending questions. If you are buying or refinancing a home with a VA loan, give Bill a call, it'll be the last "shopping" call you make- Merchant's just can't be beat!
This is a long over due review. I typically leave review for business either they are too bad or I have a lot of good things to say. Bill and Shelley at Merchants home lending exceeded my expection. I got an amazing rate (2.25@30 year with lender credit!) and outstanding customer service before I say anything else. I came cross Bill on Zillow mortgage marketplace because of the good review and decided to give him a try. After talking to Bill and discussed my needs, I realized that Bill is the one will make the home purchase a reality. I'm saying this not only because he is knowledgable about what he does but also he is willing to work with you and your real estate agent any time you need him. I have dealt with multiple big nation-wide VA lenders and found it a hassle when you need help after office hours, this is not the case with Bill though. The loan process was smooth and easy because Shelley is on top of things and she would keep you informed at every step. When Bill said he can close in 14 days, my agent intially didn't believe that so did the seller's agent, well, the final closing was pushed back 2 days because other issue but Bill definitely had the ability to close in 14! I think he set the highest standard in VA loan lending. You may get the same great rate from other lenders, but you are unlikely get the same speed Bill offers. I recommed Bill to anyone who wants VA loan with great rate and outstanding customer service!
Shelley and Bill are the unicorn of the lenders. We were very stressed out after selling home that had a 2.75% interest rate, when we were told that the best rates we could find were in the high 5-6%. Shelley and Bill found us the best rate possible. They are the best professionals you can find out there, competent and highly competitive. They kept their commitment to the timeline of escrow. We highly recommend them, they made the process seemingly easy and flawless. Shelley is amazingly patient. A gem in the industry.
This was my first time buying a home in California, and the process was sometimes quite daunting. I had a lot of questions, and Shelley was personable, helpful, and extremely patient during the entire process. Not only that, but I got a great interest rate compared to other VA loan providers with lower closing costs. I cannot recommend Shelley and Merchants Home Lending highly enough - they are AWESOME!
Community Service in Support of our MilitaryMerchants 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.
Helping Veterans Build Wealth through Homeownership
VA Cashout Refi
Utilize up to 100% of your home equity to invest, improve your home or pay off high interest debt
WIth housing inventory at all time lows, it is harder than ever to buy a home. One way to get an offer accepted is to make an offer with no contingencies. Here are a few questions and answers regarding this type of offer.
Q. Can I write a non-contingent offer if I am using mortgage financing?
A. Yes, if you are able to make up the difference between the appraised value and the contract sales price in the event that the home appraises low.
Q. Can I write a non-contingent offer using VA financing?
A. Yes, the same answer would apply - if you have the funds to make up the difference between between the sale contract price and a low appraisal, you can safely write a VA offer with no contingencies
Q. Is there any risk if I write a non-contingent offer?
A. There could be risk if your loan is not fully approved before you make your offer. Our Single Point of Contact Loan Officer's are trained to have your file fully underwritten before advising you to make a non-contingent offer.
You should always make sure that your Realtor and your Loan Officer are on the same page before submitting a non-contingent offer.