As part of our ongoing commitment to meet our customers' lending needs, Mercantil Commercebank has varied loans available.


Secured (Collateral) Loans
If you have a fixed term deposit account, a Money Market , a NOW or an investment account, you may use it as collateral to apply for a loan, either for working capital purposes, to acquire assets, in an emergency or to fulfill any other needs.


Loans to Finance the Acquisition of Real Estate Property
Whether you are moving to South Florida or looking for a second home in this state, our foreign borrower mortgage programs are tailor-made for you. And now we also offer mortgages in Manhattan and it's adjacent boroughs.

Fixed-Rate
These programs combine the features of a relatively short term with an adjustable amortization and a fixed interest rate during the life of your loan. Depending on the type of amortization you choose, there will be a pending balance at the expiration of the term. Then you may either pay off that balance or refinance it.


Adjustable-Rate
If you're in the market for a mortgage with a low introductory rate, an Adjustable Rate Mortgage (ARM) is a good option. Interest rates and payments adjust periodically over the life of the loan, so you can take advantage of favorable short-term market trends. Our One-Year ARM features varied terms with a low introductory rate. You will have a lifetime cap on your interest rate.


5-1 ARM
An adjustable rate mortgage with a low introductory rate for a longer period, then adjusting thereafter. It is available for domestic and foreign borrowers.

Loan Calculator

Auto Loans
A Mercantil Commercebank auto loan puts you in the driver's seat with quick approvals, competitive rates, and favorable terms. We can even help you figure out how much car you can afford before you set foot in a showroom, giving you a negotiating advantage. And usually, we can let you know in just a few hours when you've been approved for the loan. With low rates, predetermined buying power and fast-turnaround, you can be on the road in no time!

And now available — Mercantil Commercebank's foreign borrower auto loan program can put you behind the wheel of that perfect car or SUV. We go the extra mile to provide you the financing you need on new and pre-owned vehicles registered in South Florida or Manhattan and its adjacent boroughs. If you qualify, we have a variety of terms to fit your needs. So don't delay. Give us a call today.*

*Some restrictions apply.


Rev.: April, 2007 | Back to top