Southhampton PA Mortgage Lender

The Bill Mervin Team at Apex Home Loans

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Let us help you achieve your dreams

We’ve helped fund more than $250 Million in home loans

Whether you are buying a home, refinancing to a lower interest 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 loan. Reach out today for a simplified experience and find a home loan that help you achieve your dreams.

Are you looking for a mortgage calculator?  We have provided a monthly loan payment calculator for your convenience.  Click Here

FHA Loan is insured by the Federal Housing Administration. This is an attractive option for many first-time home buyers because it allows for lower down payment and easier credit qualifying.  READ MORE

A Conventional loan is one of the most popular types of 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.  READ MORE

Veterans Affairs (VA) loans are loans provided to active-duty military and veterans. 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. READ MORE

Refinancing

Refinancing is the process of getting better terms on your current housing loan by taking out a completely new loan. This new-and-improved loan will leverage positive market conditions, and Bill Mervin Team can customize it to your financial goals. READ MORE

Understanding the Closing Costs of a Real Estate Transaction

You’ve done it! You’ve found the perfect property for you and your budget, with a great location and the best interest rate. So what should you expect next in your home buying process? The final step, before you can claim your keys and new home, is signing the contracts and paying the closing costs.

Sometimes a seller will agree to cover closing costs in a transaction but if that wasn’t agreed upon you may have a couple questions. Like, what are closing costs? And, what is my payment going towards?

Here is a list of some of the most frequent closing costs and what they cover:

  1. Tilting Fees – these costs are most often covered by the seller but sometimes are covered by the buyer. They include payment for the title search, title insurance and any associated attorney fees.
  2. Recording Fees – This fee can be covered by either the seller or the buyer. This includes payment to the government for the change in ownership recorded by the city.
  3. Survey Fee – This fee covers the survey that is done to ensure the description of the property matches the size of the land or lot and the structures built on the property. This fee can be covered by either the seller or the lender.
  4. Mortgage Application Fees – A mortgage application fee is not common but can be charged on occasion. This is paid by the buyer before closing on the home.
  5. Appraisal and Inspection Fees – The lender will require the house to be appraised and inspected to make sure the value of the home matches the amount of the loan. It will need to be inspected to rule out any hidden problems that could decrease the value of the home. The buyer typically covers these fees.
  6. Points – Points are paid by the buyer to the lender in an effort to decrease the cost of the final interest rate on the loan. These discount points are equivalent to one percent of the principal of the loan.
  7. Brokerage Commission – The brokerage commission is paid by the seller to their real estate agent for listing the property, showing the property and overseeing contract negotiations. The fee is typically a percentage of what the home sells for and is agreed upon between the seller and the real estate agent in advance.
  8. Underwriting Fees – These fees are paid by the buyer to the lender. They cover the time it takes the lender to determine whether or not a buyer is approved for a mortgage loan.
  9. Property Tax – Typically the buyer is responsible for these fees. When purchasing a home county property taxes are required to be paid 6 months in advance at closing.

Remember you can negotiate with the seller to see if they would be willing to cover the cost of most of these fees. If you’re a singular buyer and there are no other offers on the home you’re looking to purchase you might be able to come to an arrangement with the seller. These are the most common fees you’ll find but be sure to consult your real estate agent to confirm any variances in your closing costs.

For more information on our mortgage program, please contact Bill Mervin Team.

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BILL MERVIN TEAM - APEX HOME LOAN

Why the Bill Mervin Team?

Our team is comprised of Certified Mortgage Planners who take a holistic approach to the home 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 “Mortgages Under Management” 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 215-910-4293 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 Team

  • Focused on the partnership with clients
  • Leverages multiple peoples’ time
  • Sustainable & scalable
  • Highest quality service levels
  • Consistently delivers
  • Thorough support Staff
family buying a new home

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!

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5/5
  • 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 Team

newtown pa mortgage

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

  • Cherry Hill
  • Cinnaminson
  • Delran
  • Maple Shade
  • Moorestown
  • Mount Laurel
  • Voorhees
  • Bordentown
  • Deptford
  • Evesham
  • Mt Holly
  • Pennsauken
  • Sewell
  • Sicklerville

If you do not see your city listed, please call

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