Construction Loan
When building a home, your builder will typically have you secure a Construction Draw Loan to access funds throughout the project. Mercantile Bank simplifies this with a One-Time Close Construction Loan, so you only need to close once.
Renovation Loan
Looking to renovate your current home or purchasing a home that may need some tender-loving care? We can assist with a Renovation Loan. We offer both a Renovation Mortgage and a Renovation Home Equity Second Mortgage.
End Loan
Your builder may provide temporary financing for your new home while they build it, and will ask you to obtain a mortgage when the house is completed. We can help!