Merchants and Farmers Bank offers a complete line of consumer and retail lending products.

First Mortgages

• Home purchases or refinances for residential properties.
• Fixed rates, Balloon or ARM products designed to fit your needs.
• Conventional or Jumbo loans available.
• 80% financing available
• Quick turn around time.

Home Equity Line of Credit

• Use the line for:
  
  Consolidation of other debts at a lower interest rate
  Home repairs, improvements, expansion
  Education Expenses
  Finance a new car, boat, or recreational vehicle
  Unplanned emergencies
  Other Needs you may have
   
• Benefits of Home Equity Line:
  
  Easy Access
  Readily Available
  Tax deductible interest (Check with your tax advisor for certain restrictions)
  Low Interest Rates tied to the Wall Street Journal Prime Rate
  No Penalty for early prepayment
  No Required minimum draw or minimum loan balance
  May pay extra principal at any time without penalty
   
• 80% Loan to Value
• Flexible terms available
• Quick turn around time.

* The annual percentage rate (APR) is a variable rate and can change daily. The rate is Prime Rate published daily in the money rate section of the Wall Street Journal. For Example, the Prime Rate on December 22, 2009 was 3.25%. If you choose to make the minimum interest payment, you will not repay the principal outstanding on your account. You will be required to pay the outstanding balance in a single payment when the 7 year draw period ends. A $50.00 annual fee applies after the first year. Property insurance is required, and flood insurance may be required. Consult your tax advisor about the deductibility of interest. Offer applies to owner-occupied, 1-4 family residences located in the State of Alabama. The line is subject to credit approval, appraisal, title policy, or title search. Certain closing costs will apply and an early termination fee.

Construction Loans

• Up to 80% Loan to Value
• 90% or more loan to cost.
• Various terms available.
• Floating interest rates.
• Quick turn around time.
• Construction to permanent financing available.

Auto, Truck and Mobile Home Loans

• New and used car loans with various terms available.
• Flexible terms on Mobile home loans.
• Quick turn around times.

Personal Loans

• Personal installment loans are available secured by the following:
  New and Used Cars
  New and Used Boats
  Recreational Vehicles
  Airplanes
  Common Stock or other securities
  Certificate of Deposits
  Real Estate
   
• Flexible terms available
• Quick turn around times