ASSISTING HOMEBUYERS SINCE 1992

Since 2010, our 14 day close has been helping buyers get their offers accepted.


Purchase that fixer using the VA Renovations and Alterations Program. Up to $200,000 available on a Purchase or Refinance


Once the pre-approval letter is issued, you can count on your loan closing. Your loan is completely underwritten before you start making offers.

Rates Start as Low As

5.375%

5.716% APR
VA 30 Year Fixed

5.49%

5.805% APR
 VA 30 Year Fixed Jumbo 

Rates are published each morning and subject to change without notice based on market conditions - Rates vary from state to state.. VA Rate/APR based on first time use of VA benefit. The VA Rate assumes a $650,000 loan amount and credit score 740+. The VA Jumbo rate assumes a $800,000 loan amount and credit score 740+.  Rates quoted include 1 discount point.

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Community Service in Support of our Military

Merchants Home Lending was a proud sponsor of the 2024 San Diego Veterans Tennis Classic. This event featured the US Naval Academy Men's and Women's Tennis programs. It also included clinics for the local San Diego Wounded Warriors Tennis Program and the children of local military families.

For the summer of 2025, Merchants will proudly sponsor the children of military families for Tennis Camp Scholoarships through Youth Tennis San Diego.  Please contact us to find out if your child qualifies.

Support of our Military

Helping Veterans Build Wealth through Homeownership

Service VA
VA Purchase

Zero down home loans up to $5,000,000 with no mortgage insurance.

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Service VA
VA Cashout Refi

Utilize up to 100% of your home equity to invest, improve your home or pay off high interest debt

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Service VA
VA Multi-Family

Use your VA Benefit to Purchase a Multi-Family property using future rents to qualify. No landlord experience necessary.

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Transparent Rates and Fees

It is our policy to offer the lowest rate and closing costs available on the day that you lock in your VA home loan.

Many of our competitors, including the #1 VA lender in the US, will lock you in at a higher rate with higher closing costs to see if you will accept those terms. They will only offer you better terms if you start talking with other lenders.

If you do not think this is a good business practice and prefer to work with a lender that provides their best offer the first time, let's get your application started.

House
App
Loan Approval in as Little as 2 Hours

Your best decison was to become a homeowner. Your second best decision was arriving here. Buyers who use Merchants for their financing have an 83% better chance of getting their offer accepted in this historically tight market.

Use your VA Benefit for These Opportunities

Purchase a 4 Plex

The VA will allow you to purchase a 4 unit property with zero down as long as you will live in 1 of the units. You can even use the rents from the other 3 units to qualify for the mortgage.

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Reduced Property Tax Rates

If you are a 100% disabled veteran, your property taxes will be reduced after you take ownership of the home.

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Cal Vet

Calvet will allow 100% financing for veterans who were on active duty for only 90 days.

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VA Benefits

You've earned the VA Benefit, see how to create generational wealth.

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VA Renovation Loan

Using your zero down VA, you can receive up to $31,000 over the sales price to make home improvements.

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Multiple VA Loans

The VA will allow you to have multiple VA loans at the same time.

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Buy a Condo that is not VA approved

We have the resources to get any VA condo approved by the VA in as little as 14 days. This allows you to make an aggressive offer on a condo not currently approved by the VA.

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Make an offer with no contingencies

There are certain scenarios where you can make an offer with no appraisal or loan contingencies using VA financing. Click to schedule an appt for more details.

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Utilize a co-borrower who is not a veteran

If you have the ability to put down 12.5% on a purchase, you can use a co-borrower who is not a veteran to help qualify for the loan.

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Purchase months in advance of your PCS date

If you can qualify for the new mortgage and your current housing payment, we can close your VA loan 6 months before your PCS date.

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Ready to get Started?

Get pre-approved in as little as 3 minutes.

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A Single Point of Contact Loan Officer is standing by to help you get started

(619) 567-6940