Mortgage Loans

At Neighbors, we put people first. We're committed to ensuring we provide solutions that fit your unique needs and your unique life. Our variety of mortgage loans offer the lowest interest rates to our members in St. Louis. We provide our members with the help you need today to make the most out of your future. Neighbors is also not-for-profit, which gives us the freedom to do what's right for you.

With the various mortgage loans we have available, there's sure to be one that fits your needs:

  • 100% financing on single family residence (no condos)1
  • Fixed rate loans with terms of 10, 15, 20 and 30 years2
  • And much more


No matter which mortgage loan you choose, you can enjoy a fast quote online, low closing costs and a personalized consultation. Our mortgage loan rates are typically considerably lower than those offered by big banks and other lenders. Plus, the process is streamlined with a quick approval since the entire process—from application to closing—is handled at Neighbors, not outside underwriters.

Apply     Calculator     Mortgage Resources

Mortgage Loans only available in Missouri and Illinois.


No-Money-Down Mortgage Loans

We can’t help you unpack the boxes, but we can provide the funds you need to purchase your dream home. Our financing makes the deal even sweeter with our no-money-down mortgage (must have a Neighbors checking account with direct deposit). Some of our features include:

  • 100% financing (restrictions apply)1
  • Fixed rate loans with terms up to 30 years2
  • Borrow between $100,000 and $400,000 for well-qualified borrowers
  • Available on single family residence (no condos)

Plus, the no-money-down mortgage loans still comes with our quick approval since the entire process—from application to closing—is handled at Neighbors, not outside underwriters.

Apply     Calculator     Mortgage Resources

Mortgage Loans only available in Missouri and Illinois.


Mortgage Center

Our Mortgage Center offers some of the best mortgage tools available on the internet. It features many helpful tools that are easy-to-use and convenient to make your home-buying experience a positive one. Click here to view:

  • Current St. Louis mortgage loan rates
  • Complete or return to an application
  • Read answers to frequently asked questions
  • Use one of our helpful calculators, like Rent vs. Buy


Mortgage Payment

  • If your mortgage loan was originated after March 2014, click here to make an online payment.
  • If your mortgage loan was originated during or prior to March 2014, click here to make an online payment.


What Our Members Say About Us

mortgage clossing refferal
"Neighbors made getting our loan as quick and painless as possible! It honestly felt like a friend helping a friend instead of just a bank assisting another customer"
-Danica D.
mortgage closing referral 6
"All of the staff at Neighbors Credit Union are quick to respond and always willing to help. They made my loan process very smooth from start to finish. I would choose NCU (Neighbors Credit Union) again and recommend it to anyone looking for quality financing."
-Korey W.
mortgage closing referral 4
"We were happy with our service that we received through Neighbors as we had a fast, friendly and no hassle approach to our home loan."
-The Darden Family
mortgage closing referral 1
"We are small business owners and Neighbors Credit Union took the time to treat us like friends, not just a number. Their service was quick, and they helped make our new home a reality for us."
-Justin M. & Jennifer P.

 tweet referral mortgage

Member Comments Written on Surveys:

  • “Good as it gets.”
  • “The loan was started and closed within 3 weeks. Could not ask for better service.”
  • “The whole process was amazing!”
  • “This was the easiest experience I've ever had regarding a home loan. Simple. Convenient. Stress-Free. Basically the opposite of everyone else.”
  • “Went really smooth and Mr. Wall was a total professional the entire time.”



Find out the value of your home, or a home you might be interested in purchasing. Simply enter the street address and find out valuable property information with this free service for Neighbors Credit Union members!

Street Address of your Home



Mortgage Lending Team

mortgage lending team

Gregg Merkel, Mortgage Development Officer
Phone: (314) 892-5400, extension 11027
Fax: (314) 329-9860
MLO# 1490648


mortgage team dan wall

Dan Wall, Mortgage Development Officer
Phone: (314) 892-5400, extension 17024
Fax: (314) 892-9839
MLO# 226884



The Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) established a national registry for mortgage loan originators called the Nationwide Mortgage Licensing System and Registry (NMLS). This registry is maintained by the federal government and assigns each registered professional a unique identification number that is provided to consumers upon request and on certain loan documentation. Additionally, each financial institution is provided with a unique identification number. The Credit Union’s NMLS ID number is 509288.


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1100% financing loan program is based on a maximum loan amount of $400,000 and a minimum loan amount of $100,000. Minimum 720 FICO score required. Owner-occupied one-unit single family residence only, No Condo’s or manufactured homes. Mortgage insurance required. Escrow account for insurance and taxes required. Loan origination and other fees may apply. Member must have direct deposit into Neighbors Credit Union Checking or Savings Account before closing. Subject to appraisal and underwriting terms and conditions. Other restrictions may apply. Mortgages available in Missouri or Illinois only. Contact credit union for full details.

2Rates are fixed or variable, based on your final loan amount and finance charges. The actual interest rate and fees available to you will be based on your credit history, property type, loan to value, and may be different than the rates displayed here. Please contact a loan officer for current rates and fees. Rates are subject to change without notice. Additional rates and terms may be available. Mortgages available in Missouri and Illinois only. Available only on owner-occupied, one unit, single family primary residences. Membership eligibility required. Restrictions apply. Please call 314-892-5400, ext. 11095, for details on all products. Fixed Mortgages: Minimum down payment of 5% (or 3% for EZ-3 Mortgage) required. For example, a $125,000 purchase price with $3,750 (3%) down payment and $121,250 financed at 4.00% fixed interest rate would result in a monthly payment of $734.75 for 240 months. Sample payment only includes principle and interest. Minimum loan amount of $50,000 required.

The interest rates used in the foregoing examples are based on current market rates, are for purposes of example only and are not meant to be relied upon. This is not a credit decision or a commitment to lend. Depending on loan guidelines, mortgage insurance may be required. If mortgage insurance is required, the mortgage insurance premium could increase the annual percentage rate (“APR”) and the monthly mortgage payment. APR reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, mortgage insurance, discount points (also referred to as “points”) and loan-origination fees.

Neighbors Credit Union: NMLS #509288