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Brandon McCain

Finance Your Next Home In Your Own Back Yard With A Local Mortgage Loan

October 7, 2017 6:44 pm

Finding the right mortgage lender involves more than just getting the best interest rate. If you want the quickest way home, start at your local community bank where local mortgage lenders give you their time and their direct line. You get the guidance and answers that get you in your home faster with a local mortgage and a lending experience built to last.

When you’re first starting to look for a mortgage loan, it’s important to get ready. Local mortgage lenders can work with you to analyze your credit score and overall financial picture so that you can get pre-approved for your mortgage or new construction loan. This helps you show sellers you are a quality buyer that will be able to close on a loan.


To get preapproved, you’ll have to provide lenders with a fair amount of financial information. Here’s a quick list to get you started:

Account Info: bank, savings, checking, investment account information.

Debts: outstanding debt obligations, including credit card, car loan, student loan and other balances.

Tax Returns: two years of tax returns, W-2s and 1099s.

Personal: salary and employer information and social security numbers for yourself and any co-borrowers.

Down Payment: information about how much of a down payment you can make, and where the money is coming from.


Why should you be attracted to work with a local mortgage originator vs a bigger bank or one of the national mortgage lending companies? According to Brandon McCain, a local lender in Merchants Bank’s Arab office, it’s important to work with a mortgage staff that is familiar with the better mortgage programs that work in our local market places. “The strong point of Merchants comes from our over 100 years of history here,” he said. “Local lenders are able to offer the client more attention, a better one-on-one approach and more personable customer service.”

McCain added that at a community bank, you don’t always have to fit a profile to get that loan that fits. “We can have more flexibility and options to get our customers into the mortgage that feels as right as their dream home,” he said.

Whether you need to check the latest rates for a refinance or purchase, you want to learn more about specific loan products, or you’re ready to start the process, we’re here to help. Call one of our local mortgage originators or stop by and feel as good about your bank as you do about your dream home.


Ready to buy?

Find the local Merchants Bank lender nearest you.

Connect with a local Merchants Bank lender >


Ready to build?

We specialize in new construction loans and Smith Lake lending. Get approved for your new construction loan and your permanent mortgage loan at the same time.

Find out more about our new construction loans >

Posted by Julie White · Filed under Bank News and Financial Products and Financial Tips and M News and People and Products · Permalink

How Mobile banking Keeps Your Money Close At Hand And Secure

September 24, 2017 2:04 pm

Technology is reshaping how consumers take care of their finances. Online banking is now the top way Americans interact with a bank or credit union, beating out branches, phones, mobile apps and ATMs. While studies show that online banking is favored by bank customers, mobile banking is gaining strides as the preferred method of banking. By connecting to your bank through your mobile phone, you can get a real-time feed of balance information and notifications.

As an extension of your local bank branch, mobile banking apps should be treated like a branch that fits in your pocket. With a mobile banking app, you can access your account information at any time, from anywhere. This adds convenience because you don’t have to rush to a branch before it closes or wait in lines for transactions. You can also use the app for selected transactions, saving you a trip.

View Balances, Make Transfers, Even Deposit Checks

Along with security, the most important feature is that your banking app is easy to navigate, easy to read and has a clean, modern appearance. The latest version of the Merchants Mobile App, now released and available for iPhone, iPad or Android devices, has a new look and feel and is easier to use. The app features a simplified navigation and the menu bar has been replaced with a tab bar and task menu.

Customers can now access the tab bar which is always visible whether scrolling up or down. The task menu can be launched from the tab bar and provides access to all features. The accounts and account activity is more easily accessible in the latest version of our app. Also, the help tab has been updated with the Merchants web address and telephone number for easy contact.

How can mobile banking simplify your life? By giving you access to your money 24/7, the ability to easily transfer cash between accounts, pay bills online and even deposit checks with a snap.

Financial institutions and consumers are acutely aware of cybersecurity following a spate of data breaches affecting large banks. The banking industry invests heavily in the security technology for both online and mobile banking, and your account information is kept behind institutional firewalls and encrypted to strong standards.

To use the Merchants Mobile App, you first need to enroll in Online Banking, and then download the app from the App Store or Google Play >

Important User Information:

Merchants Mobile FAQ >

Online Banking FAQ >

Text Banking FAQ >

Posted by Julie White · Filed under Financial Products and Financial Tips and M News and Products · Permalink

Behind Every Successful Small Business You’ll Find A Local Bank

June 20, 2017 1:14 pm

We’re a small business friendly bank and have been since 1907. Community banks make over half of small business loans employing 2 out of 3 people. Because community banks are themselves small businesses and are local, they understand the needs of small business owners especially when it comes to small business lending and way better business banking. Their core concern is lending to small businesses and farms. The core concern of the mega banks is corporate America. We have added three small business success stories featuring our small business customers: Top Hat Barbecue, Van’s Sporting Goods and Werner’s Trading Company. Read about why Merchants is their small business bank of choice.

Read our latest Business Success Stories here >

Posted by Chris Elliot · Filed under Bank News and Financial Products and Products · Permalink

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