Rates are subject to change without notice based on market conditions. Rate/APR based on first time use of VA benefit. A 720 credit score was used for these 2 rate scenarios. The VA jumbo loan is any loan amount over $726,200
Merchants Home Lending specializes in mortgage lending, focusing on a 14-day close for faster offer acceptance. Our dedicated loan originators guide you from application to closing, ensuring the lowest rates and costs, thanks to our lean process.
Trust is at our core as a BBB business with an A+ rating and stellar reviews. Our commitment to excellence is evident—till August 15, 2023, every pre-approved borrower received full underwriting approval. At Merchants Home Lending, we make your homeownership journey smooth, efficient, and cost-effective.
Merchants Home Lending is your reliable partner for a seamless mortgage experience. We combine efficiency with a personal touch, promising transparent service and focusing on your unique homeownership goals. Join us and unlock the door to your dream home effortlessly.
Merchants Home Lending proudly sponsored the Military Appreciation Day at the 2022 San Diego Open, supporting both the Men's ATP and Women's WTA tennis events at Barnes Tennis Center. These events included clinics for the local San Diego Wounded Warriors Tennis Program.
Continuing a tradition for the third consecutive year, Merchants is honored to sponsor Tennis Camp Scholarships for the children of military families through Youth Tennis San Diego. In 2023, we are extending our assistance to 26 military families.
In the current real estate landscape, where housing inventory is at unprecedented lows, acquiring a home has become exceptionally challenging. A strategy to enhance the likelihood of having an offer accepted involves submitting an offer with no contingencies. Here are some commonly asked questions and their corresponding answers regarding this approach:
Q. Can I submit a non-contingent offer if I am utilizing mortgage financing?
A. Yes, it is possible, provided that you can cover the shortfall between the appraised value and the contracted sales price in case the home is appraised lower than expected.
Q. Can I present a non-contingent offer using VA financing?
A. Yes, the same principle applies. If you have the financial means to bridge the gap between the sale contract price and a potentially lower appraisal, you can confidently submit a VA offer with no contingencies.
Q. Is there any risk associated with writing a non-contingent offer?
A. There could be some risk if your loan is not fully approved before making the offer. Our Single Point of Contact Loan Officers undergo training to ensure that your file is thoroughly underwritten before advising you to proceed with a non-contingent offer.
It's crucial to ensure alignment between your Realtor and Loan Officer before submitting a non-contingent offer. Open communication and coordination between these professionals are essential for a smooth and successful transaction.
Becoming a homeowner was your top decision, and the second-best was choosing us. Buyers opting for Merchants financing enjoy an 83% higher chance of having their offer accepted, especially in this unprecedentedly competitive real estate market.
We are committed to helping you find the best mortgage for your needs. Our years of experience in this industry give us a competitive edge that no other broker has access to!
Hear the feedback from our satisfied clients and learn how our independent insurance services have transformed their experience.
The price of a home is often far greater than the savings of most households. Hence, mortgages allow individuals and families to purchase a home by paying only a small down payment, such as 20% of the purchase price, and obtaining a loan for the balance. The loan is then secured by the value of […]
The price of a home is often far greater than the savings of most households. Hence, mortgages allow individuals and families to purchase a home by paying only a small down payment, such as 20% of the purchase price, and obtaining a loan for the balance. The loan is then secured by the value of […]
The price of a home is often far greater than the savings of most households. Hence, mortgages allow individuals and families to purchase a home by paying only a small down payment, such as 20% of the purchase price, and obtaining a loan for the balance. The loan is then secured by the value of […]
We bring a customized, unique approach to mortgages. Our lending solutions use the perfect hybrid of human-driven insights and technical prowess to process loans faster and significantly reduce costs.
