MERS® Residential

MERS® Residential, also known as the MERS® System, is a national electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential real estate. At closing, the borrower and lender agree to name Mortgage Electronic Registration Systems, Inc. (MERS) as mortgagee or beneficiary on the mortgage or deed of trust. The lender then records the mortgage in the county land records and registers the information about the loan on MERS® Residential.

MERS® Residential is not a legal system of record nor a replacement for the public land records. No interests are transferred on the system; they are only tracked.

To Join

We invite lenders to take advantage of the time- and money-saving benefits of MERS® Residential by applying for membership. To get you started, contact your regional director.

Standard Membership: Lite and General Members

For the MERS® System Pricing Schedule, please click here.

Special Membership: Third Party Originators (TPO)

Are you a lender who originates loans where Mortgage Electronic Registration Systems, Inc. (MERS) is the original mortgagee, but your investor or lender purchases the loans at the closing table and performs the transactions on the MERS® System? Then you are eligible to become a TPO member.

Quality Assurance Template

All Members that perform transactions on the MERS® System are required to have a current Quality Assurance (QA) Plan in place for each active Org ID using this QA Plan template.

Electronic Tracking Agreements

Looking for another MERS® Ready member?

Click here to access our member search directory. 

To search for a word within the organization name, put percentage marks ("%") before and after the word (i.e., type "%Financial%" to search for any company that contains the word "Financial.") If you are searching for a company name that begins with the word "Financial," there is no need to place the percentage marks before and after the word.

Questions on becoming a member? 

Please contact your regional director. We look forward to helping you become MERS® Ready.