Home Financing

Home Financing
Merrill Lynch Home LoansTM Home Financing Solutions Can Help You Purchase The Home You Always Envisioned
The right mortgage is one of the cornerstones of building and managing wealth. Your Merrill Lynch Financial Advisor will look at the “big picture” and review all the options to help you choose a mortgage solution that meets your immediate needs and fits your overall financial strategy. We offer customized mortgage solutions designed to help you pursue a wide variety of financial goals. Plus, you may qualify for preferred pricing based on the amount of assets you have with Merrill Lynch.

Increase Liquidity, Monthly Income and Tax Deductibility1

  • Our PrimeFirst® Adjustable-Rate Mortgage (ARM) offers interest-only payments for the initial period and usually has a lower initial rate than a comparable fixed-rate mortgage.2 
  • This means your monthly payments should be lower than with a fixed-rate mortgage during the initial period.
  • The lower initial mortgage payments help increase your liquidity, allowing you to keep more of your monthly income. In addition, the payments may be tax-deductible.1 

Finance a Construction Property

  • Our Construction-to-Permanent Financing can save you time and money when you’re building a home or planning major renovations. 
  • It offers one construction loan that easily converts to permanent financing.  

Maintain Stable Mortgage Payments

  • If your goal is to maintain consistent mortgage payments for all or a portion of the loan period, we offer a Fixed-Rate Mortgage, which has the same payment for the entire loan period and allows you to choose the loan terms.

Customize Your Rate and Payment by How Long You Plan to Live in Your Home

  • If you plan to live in your home for a limited time (10 years or less), you may benefit by choosing a Term Adjustable-Rate Mortgage.2 
  • This innovative mortgage offers the security of an initial fixed-rate period, followed by an adjustable rate for the remaining life of the loan term.
  • This allows you to customize your rate and payment by selecting the initial rate period that matches the length of time you plan to live in your home. The initial period payments are typically lower than most fixed-rate mortgages.

1Neither Merrill Lynch nor its Financial Advisors provide tax advice. Please consult your tax advisor regarding the deductibility of mortgage interest.

2When deciding whether an adjustable-rate mortgage is right for your situation, you should consider the potential risk of rising rates and payments, and such factors as how long you plan to own your home.

“Interest-only” mortgages allow you to pay only the interest on the money you borrow for a certain number of years. If you only pay the amount of interest that’s due, once the interest-only period ends, you will still owe the original amount you borrowed and your monthly payment will increase—even if interest rates stay the same—because you must pay back the principal as well as interest. You should ask what the payments on your loan will be after the end of the interest-only period. If you are considering an adjustable-rate mortgage, ask what your payments can be if interest rates increase. 


PrimeFirst is a registered trademark of Bank of America Corporation.


Preferred Pricing 


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