First Merit Bank offers Mortgage Programs such as New Home Purchase and Refinance (a Conventional Fixed-Rate Mortgage, an Adjustable Rate Mortgage(ARM), or Interest First Repayment Option), Construction, Bridge, Lot Loans, Realtor Referral Program (FirstMerit Mortgage Corporation gives customers the names of Realtors and up to a $2,250 incentive), Condo, Rehab, Jumbo, and Split Loans (provides flexible borrowing options when purchase a condominium, rehabilitate a home, or large property, or want to split the loan to provide additional funds at a low cost) and Special Programs include FHA/VA, Ohio First Time Homeowner, PA First Time Homeowner, and BEST Loans. FirstMerit Mortgage Corporation also offers a reverse mortgage to its customers. A reverse mortgage is a type of loan that allows homeowners age 62 years and older to convert home equity into cash.