Merchants Home Lending

Merchants Home Lending, operating since 1992, positions itself as a specialized mortgage broker with over three decades of experience in the home financing industry. Unlike traditional banks or direct lenders, Merchants Home Lending leverages its independent status to shop wholesale mortgage lenders on behalf of its clients, aiming to secure more diverse loan options and typically a cheaper, faster, and easier mortgage process. Their primary focus, with over 90% of their business, is dedicated to VA Home Loans, serving veterans and active military families across multiple states.

The company distinguishes itself through its commitment to transparency and efficiency. They offer real-time rate updates and "Price Drop Alerts," ensuring borrowers are informed about market trends. A notable service is their "Lock and Shop" feature, allowing rate locking while house hunting, coupled with a promise of a "14 Day Close" since 2010. Their "Yes Means Yes" pre-approval approach signifies a fully underwritten loan before property offers are even made, providing certainty and a competitive edge in a demanding housing market.

Merchants Home Lending's dedication extends beyond transactions, with a strong emphasis on community outreach, particularly supporting active military families and Wounded Warriors programs. They provide comprehensive online tools, including various calculators for planning and budgeting, and maintain a high level of customer satisfaction as evidenced by their strong review ratings on platforms like Google, Yelp, and Zillow. With a clear focus on veteran homeownership, they aim to provide low-cost VA mortgage solutions with transparency and speed.