We offer lending products to meet first-time homebuyer and newly single mortgage needs. Grant funds are available periodically through our partnership with the Federal Home Loan Bank of Indianapolis.
Hometown Heroes Program
We are proud to give back to those who serve our community as first responders, nurses, teachers, non-profit and government employees with as little as 3% down and no mortgage insurance requirements. Learn more about the Hometown Heroes Program benefits and eligibility requirements.
First Merchants Next Horizon Program
The First Merchants Next Horizon Mortgage offers buyers affordable housing with up to 100% financing, no PMI, and supports non-traditional methods of credit history documentation such as rent verification, insurance payments, mobile phone payments and
others. This program even includes grants that assist with closing costs, down payment, or principal reduction for applicants who meet eligibility requirements. Learn more about the First Merchants
Next Horizon Program benefits and eligibility requirements.
Buyers seeking a loan amount valued above traditional limits will likely need to qualify for a jumbo mortgage loan. These loans, which are available with fixed or adjustable rates, are intended for borrowers seeking to finance loan amounts above the conforming
loan limit established by Fannie Mae and Freddie Mac.
Doctors, dentists, veterinarians, and medical residents may be eligible for up to 100% financing with no mortgage insurance requirements. Learn more about our Physician Loan benefits and eligibility requirements.
Building a home? We work with builders and buyers to help make the construction loan process smooth and efficient. Whether your project is big or small, we'd love to serve you - just ask for more information.
Construction Loan Handbook
Call us at 1.800.205.3464 to learn more about our home loan programs or get started by applying for a mortgage loan today.
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Download First Merchants Mortgage NMLS Numbers