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Let's build.

Lot Loan

Mercantile Bank’s Let’s Build Lot Loan gives you a simple path from purchasing land to building your future home. With competitive rates, up to 90% loan‑to‑value, and no mortgage insurance required, this program makes it easier to secure the right lot and prepare for construction within the next five years. Whether your property is in a platted subdivision or vacant land with documented utility access, Let’s Build provides a streamlined starting point for your home‑building journey.

Interest House - Mercantile Bank

Attractive interest rate available

Loan To Value - Mercantile Bank

Up to 90% total loan-to-value

Land & Fence - Mercantile Bank

Property up to 5 acres

Shield Check 2 - Mercantile Bank

No mortgage insurance required

House and Land - Mercantile Bank

Lot must be ready to build on

Who benefits from the Let’s Build program?

The Let’s Build program is designed for clients who are looking to purchase a lot with the intention to build on the property within the next five years.

How to tell if the property is ready to build?

The property can be in a platted subdivision with utilities or vacant land, if utility access is documented by local authorities or confirmed by a passing perc test.

When you are ready to build your dream home...

Mercantile can help you transition from your lot loan to one of our construction loan options. As you begin to consider building, let Mercantile provide you with support in selecting a builder, navigating the building process, and understanding the necessary documents, as well as all available construction loan options.

All loans subject to approval. This is not a commitment to lend. Programs are subject to additional terms and conditions and may change without notice. Contact your Mercantile Bank mortgage loan officer for complete details. 

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Construction Bundle Discount

Let us help you build your dream home with a construction loan package that offers discounts now, and also the ability to take advantage of lower rates should they drop within the next 24 months!

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Personalized Rate Quote

Get a personalized rate quote from one of our local Mortgage Lenders. By answering a few questions, we will be able to send you some mortgage rate options.

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