Mortgage Loans

MERCO wants to be your financial partner in one of the biggest purchases of your life. Personalized service and our expertise make your home buying-experience less stressful. We’re also here when you’re ready to use your home’s equity as a source of low-cost funds.

First Mortgage Loans
A home loan is often a family’s biggest debt. Why not work with people you know and trust, the home loan professionals at MERCO CU? MERCO offers loans up to $1 million. 

MERCO’s home loans offer these advantages:

  • Fixed rate mortgages
  • Competitive rates and fees
  • Payroll deduction – Have your monthly mortgage payment made automatically through the convenience of payroll deduction.

Second Mortgage Loans
Turn the equity in your home into financial buying power. Borrow up to 80% of the appraised value of your home, minus your first mortgage balance. You’ll receive a low rate and tax deductibility (consult your tax advisor).

Click here for current rates.

Worried About Your Mortgage?