Low Rate PA Mortgage Loans
The Bill Mervin Mortgage Team
Let us help you achieve your dreams
We’ve helped fund more than $250 Million in mortgage loans
Whether you are buying a home, refinancing to a lower mortgage rate, refinancing to obtain cash or converting from an adjustable-rate mortgage (ARM) to a fixed-rate loan, we’ll help you choose the right mortgage loan. Reach out today for a simplified experience and find a home loan that help you achieve your dreams. Call us to find out current mortgage rates!
Click here for the mortgage calculator
A FHA Loan is insured by the Federal Housing Administration. This is an attractive housing loan option for many first-time home buyers because it allows for lower down payment and easier credit qualifying.
- 3.5% down payment
- Program can be combined with additional down payment assistance programs to further reduce costs
- Monetary gifts from family can be accepted towards down payment
- The Seller can pay up to 6% towards closing cost / prepaids
- Fixed- or adjustable-rates available (ARM)
- Shorter waiting period after a derogatory credit event
A Conventional loan is one of the most popular types of mortgage loan programs and is ideal for home buyers with good credit scores. There are a variety of conventional loan programs with different minimum down payments. We lend both conforming and non-conforming (jumbo) loans.
- Minimum down payment requirement
- Advantages for higher down payments
- Ideal financing for properties commonly restricted by government loans
- Several Private Mortgage Insurance (PMI) options available for loans with less than 20% down, including:
- One-time, upfront PMI
- Monthly PMI, which could cancel at 78% equity
- Financed PMI
Lender paid PMI
VA loans are provided to current military, veterans, National Guard members, reserve member, and surviving spouses. These loans are guaranteed by the U.S. Department of Veteran Affairs. For those who qualify, VA loans are usually easier to obtain than conventional loans.
- 0% down payment (based on VA lending limits and VA eligibility)
- Seller can pay all closing costs and escrows
- Seller can pay debts in veteran’s name to help qualify
- VA funding fee may be financed
- Fixed- or adjustable-rates available
- No monthly PMI insurance premiums
Refinancing
Refinancing is the process of getting better terms on your current mortgage by taking out a completely new loan. This new-and-improved mortgage will leverage positive market conditions, and we can customize it to your financial goals, helping you to achieve:
- Lower monthly payments
- Shorter loan terms & greater financial stability
- Adjustable- to fixed-rate loan conversions
- Consolidated debt
- Home enhancements & renovations
- Removal of PMI insurance premiums
Why the Bill Mervin Mortgage Team?
Our team is comprised of Certified Mortgage Planners who take a holistic approach to the home mortgage loan consultation and cash flow planning.
As opposed to just spitting out an interest rate and monthly payment, we believe building a relationship and understanding a client’s entire financial picture and long-term financial goals allow us to counsel, educate and build a custom mortgage planning strategy. Our goal is for every client to make confident and well-educated home buying decision.
A solo loan officer’s job ends when their clients are placed in debt.
Our team feels that our job continues well beyond the day of settlement. Through our “Customer for Life” program, we proactively monitor your loan program for the entire time you’re in the home, and have quarterly and annual touch-points to keep you informed throughout entire process.
Call us at 215-431-7429 so we can walk you through the options
What Makes us Better?
Solo Loan Officer
- Wears many hats
- Transactional
- Has a finite amount of time
- Makes lots of promises
- “Too busy” to follow up
- Cookie-cutter approach
Bill Mervin Mortgage Team
- Focused on the partnership with clients
- Leverages multiple peoples’ time
- Sustainable & scalable
- Highest quality service levels
- Consistently delivers
- Thorough support Staff
Client Success Story
Excellent Team, Excellent Service!
Bill and his team were fantastic to work with! Our family had been dreaming of purchasing a bigger home and we wanted to make sure that we went into the process with much care and diligence. Bill and his team answered all of our questions and concerns, and we especially appreciated how quick they were to respond and move to action. I would definitely recommend this team to anyone who is looking to purchase a home!
- Low Down Payment Programs
- Low Credit Score Programs
- Customized Marketing Support
- Strong Core Values
- 95 Net Promoter Score
- Consistently Close Clear & On-Time
- Firm Established in 1998
- Direct Lender
- Cutting-Edge Technology
- Consumer Connect Digital App
- Wide & Diverse Product Mix
- Heroes First Program
What our Happy Clients Have To Say
About Working With The Bill Mervin
Mortgage Team
Excellent Team, Excellent Service!
Bill and his team were fantastic to work with! Our family had been dreaming of purchasing a bigger home and we wanted to make sure that we went into the process with much care and diligence. Bill and his team answered all of our questions and concerns, and we especially appreciated how quick they were to respond and move to action. I would definitely recommend this team to anyone who is looking to purchase a home!
- World-Class, White Glove Service
- Chief Experience Officer (cXo)
- Holistic Advisory Approach
- 73-Step “Perfect Loan Process”
- Detailed Milestone Updates for All Parties
- Financial Market Technology & Rate Analysis
- In-house Underwriting & Processing
- Apex Approved Pre-Approval Process
- Milestone Gifting Programs
- Highly Personalized Marketing
- Segmented, Specialized Team Roles
- Speed, Accuracy & Results
Our team has created Mervin Missions to allow our staff to volunteer and support local charities in the community. Our Team has been fortunate to be involved with charity events since in 2013!
HOME BUYERS GUIDEBOOK
We don’t need an email address. We want a more educated buying experience for our clients.
- What can you expect from the Bill Mervin Team
- What credit factors do banks look at most
- How to best manage your mortgage debt
Areas Served
- Horsham
- Lansdale
- Plymouth Meeting
- Richboro
- Southhampton
- Warminster
- Willow Grove
- Cherry Hill
- Cinnaminson
- Delran
- Maple Shade
- Moorestown
- Mount Laurel
- Voorhees
- Bordentown
- Deptford
- Evesham
- Mt Holly
- Pennsauken
- Sewell
- Sicklerville
