Hampton Branch Temporarily Closed
Our branch in Hampton is temporarily closed due to smoke damage. For service, please contact us or visit another nearby Merchants Bank location in Cannon Falls, Hastings or Northfield. Thank you.
Veterans Administration (VA) Mortgage
A specialty program offering a government guaranteed mortgage to eligible veterans and their spouses who meet a number of specific requirements.
Features
Through a VA loan, veterans can increase their borrowing power to fulfill their homeownership dreams. VA loans have less strict criteria that may allow veterans who have had a few credit problems in the past to still qualify for financing. Our lenders are here to walk you through program details and support you every step of the way.
- 0% down financing
- No monthly mortgage insurance required
- Funds must be used for a property that will be owner-occupied, a primary residence, 1-4 family dwelling
- Property must meet certain requirements that both sellers and buyers should be aware of in advance
All mortgage loans are subject to credit approval.
Online & Mobile Banking
Take advantage of our Online & Mobile Banking tools, giving you the freedom to do more with your money.
Home Equity Line of Credit
Access to credit when you need it with the flexibility of a Home Equity Line of Credit.
Relationship Checking
The account that rewards you when certain relationship balances are maintained. Being part of the Merchants family has its perks!