Home Lending

Building, buying or refinancing, you’ll feel at home with us.

Building or buying a home is one of the biggest financial decisions of your life. Finding the right mortgage to make it possible, however, can be daunting. With specialists to guide you at every step, take comfort in knowing The Merrimack can make the mortgage process easier. As an experienced local lender, we have a unique understanding of the market and all the regulations. Whether you’re building, buying or refinancing a home, give us a call at 800.541.0006 to schedule a visit. And because we know your time is valuable, we’ll even come to you! If you prefer to learn more or apply for a mortgage online, that’s an option too!

Apply for a Mortgage Obtain Preliminary approval Borrower Login

Build

Building a new home can be more exciting and challenging than finding an existing home to purchase.The financing works a little differently, too. But when it’s done, you’ll have the home of your dreams.

Single Closing – The process of financing the construction of your new home has two phases – construction and mortgage. At The Merrimack, you can secure the loan with one convenient closing. While your house is being built, you pay only interest on construction costs as they are drawn to build during the construction phase. And when the construction term is complete, the loan switches to a traditional principal and interest loan with the same rate and term you originally closed on.

Unique Loans – Trust us to know the unique challenges of financing homes built on an island, waterfront or mountainside property and the many other possibilities that make living in New Hampshire so fulfilling.

Buy

Ask our Mortgage Specialists about the advantages of conventional fixed-rate loans and adjustable‑rate mortgages. Together, we’ll find the solution that’s best for you.

Choose the type of loan that fits your needs:

• Fixed rate loans – with a locked in rate for the life of the loan
• Specialty loans – Adjustable Rate Mortgages (ARMs) and more
• Land loans – a variety of ARM programs

Programs for first-time buyers:

As a first-time homebuyer, you may qualify for a number of programs, depending on the type of house you wish to buy.

• New Hampshire Housing Finance Authority (NHHFA) Loan
• Federal Housing Administration (FHA) Mortgage
• Rural Economic Development (RECD) Loans
• A combination of the above

Refinance

Is this the best time to refinance your existing mortgage? The answer depends on your situation and your financial goals. If you’re looking for the best way to refinance your home, we’ll walk you through the process and discuss the variety of loan options available to you.

Improve

Make your house the home of your dreams. Fix a roof. Remodel a kitchen. Add a bedroom. Home improvements are a great way to add functionality, and maybe even value, to your property. Whatever you need, The Merrimack can help.