Whether buying your first house, retirement residence or vacation property, your home mortgage loan terms significantly impact your monthly payments and financial outlook. Fortunately, financial institutions like First Merchants Bank offer several mortgage solutions to support every lifestyle and budget.

If you’re a new homebuyer and don’t know the first thing about securing a house mortgage, you likely have a long list of questions.

Is a mortgage right for you as a first-time homebuyer?

If new to exploring credit and loan options, you’re likely wondering if a home equity line of credit, or HELOC, is a good option for you.

Major stock indexes moved to record highs Friday following a strong jobs report that showed 531,000 jobs added in October and a revised gain of 312,000 in September. US unemployment fell from 4.8% to 4.6%, representing the first full month of hiring after enhanced unemployment benefits expired.