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Farmers-Merchants National Bank

 
We have proudly served financial needs of our customers since 1914. Farmers-Merchants National Bank offers a variety of fixed and adjustable rate loans including the Rural Development Guaranteed Fixed Rate Mortgage. Because loan decisions are made right here at Farmers-Merchants National Bank, we can offer you a quick response to your loan request.
Address: Paxton, IL, 60957    
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Website: Farmers-Merchants Bank
Phone Number
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Farmers-Merchants National Bank can tailor a real estate loan for you. Our competitive rates, personal service, wide variety of financing options, and quick approval process makes all of your home purchases or refinancing simple and convenient.
Real Estate terms to fit your needs:
Fixed rate mortgages, amortized up to 30 years
20% down payment eliminates mortgage insurance.
1, 3 or 5 year adjustable rate mortgages, amortized up to 30 years with rate change as long as every five years. Where do you plan on being in five years? Perhaps an adjustable rate mortgage is right for you.
Second home: We can help you finance your summer home. A fixed-rate or adjustable rate-mortgage is available.
First time home buyer: It is hard to save up for a down payment for the first home. You may qualify for a loan for the full purchase price of the home plus closing costs. Let us pre-qualify you for the mortgage loan so you can begin house shopping.
Rural development mortgages: 100% financing for moderate-income families. No mortgage insurance is required. Inspection of the home is required.
Bridge loan: Are you building or buying a new home but still own your current home? Use the equity in your current home as the down payment on a new house you are buying or for a construction loan. Bridge loans are secured by your present home and will be paid upon the sale of the home.
Construction: Make your dream come true with the home you build. Farmers-Merchants National Bank can help you finance construction of custom homes. Call us and speak to mortgage specialist.
Refinancing: Do you have a big event and need a little cash, or a little event that requires a lot of cash. Perhaps you qualify for a lower interest rate.
Home equity loans: Need money for any purpose? Our Home Equity Lines of Credit, a revolving open-ended line of credit secured by your home, is a great way to get you the cash you need when you need it. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an attractive interest rate.

Contact here


 
Address and Phone Number
101 North Taft St. Paxton, IL, 60957

Website: Farmers-Merchants Bank  Our trained professionals can help you with a loan to suit your current and future needs

 

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