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Getting a FirstMerit Mortgage is Rewarding
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Mortgage ARM Loans
Adjustable Rate Mortgages provide a wide range of options that your
FirstMerit Loan Originator can tailor especially to a borrower's specific needs.
Benefits
  • No prepayment penalty
  • Lifetime interest caps
  • Available for principal residences, second homes, and investment properties
  • Quick application process, low-cost pre-approval, low closing costs

Terms
  • Terms of 10, 15, 20 and 30 years
  • Maximum loan amount of $1,000,000
  • LTV of 100% on purchase or construction with Split Loan
  • LTV of 90% on refinancing
  • LTV will vary on investment properties

Click here to access our mortgage calculators.