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Mortgage Rates
Here are some of the loan programs we offer. To learn more about these programs and many others, call us at (800) 262-4261.
Loan Amount:      $

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Program Name Rate Points APR Payment  
30 Year Fixed (Conforming) 3.875% 0.00% 4.006% $0.00
20 Year Fixed (Conforming) 3.750% 0.00% 3.931% $0.00
15 Year Fixed (Conforming) 3.250% 0.00% 3.480% $0.00
5/1 ARM (Conforming) 4.250% 0.00% 4.384% $0.00
7/1 ARM (Conforming) 4.125% 0.00% 4.258% $0.00
FHA 30 Year (FHA) 3.250% 0.00% 3.500% $0.00  
VA 30 Year (VA) 3.250% 0.00% 3.500% $0.00  
USDA 30 Year (USDA-RHS) 3.250% 0.00% 3.500% $0.00  
30 Year Fixed (Jumbo) 4.625% 0.00% 4.659% $0.00  
Rates are subject to change without notice.
Rates last updated on 10/21/2019.
First Merchants Bank
200 E Jackson Street, Muncie, IN  47305
Toll Free:  (800) 205-3464
mortgageapplications@firstmerchants.com
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