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Solutions for Construction

Building or renovating a home?

Our lenders will help you find the best construction financing options for your future home.

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It takes more than wood, nails and a vision - building a home takes a lender that will help you from the ground up. Our lenders will help you find the best construction financing options for your future home.

First, start with finding the right lender. At Mercantile Bank, we'll pair you with the lender that's right for you — someone who sticks by your side from start to finish.

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Next, know your options. Mercantile offers a variety of mortgage programs aimed at providing you the right mortgage to fit your needs. After getting to know your needs, one of our lenders will help you find the features, rate and type of mortgage that works best for you.

  • Construction Loan: Typically, when you build a home, your builder will ask you to obtain a Construction Draw Loan, which will allow your builder access to funds as they build your home. Mercantile Bank offers One-Time Close Construction Loans, which means you only have to close one time with us. You pay just one closing fee, and have a mortgage program that will convert from a construction loan to a a mortgage without any additional fees.
  • 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!
  • 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.
  • Lot and Land Loans: Not quite ready to build, but you've found the perfect location? We can help you with lot and land financing.

Then, let us help. Obtaining a mortgage is not difficult when you have the right lender that takes time to explain the process along the way.

Finally, celebrate. You've dreamt about the day you get to move into your new home — and now it's yours.


All loans subject to credit and collateral approval.

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