CARMEL, Ind. – Merchants Mortgage, a division of Merchants Bank of Indiana (NASDAQ: MBIN) (“Merchants Bank”), today announces the hiring of Damian London and Jeffery Frieman as Mortgage Loan Originators. London and Frieman will join the Merchants Mortgage office at the company’s headquarters in Carmel, Indiana.
London brings nearly a decade of mortgage experience to his new role at Merchants Bank, having most recently served as a loan officer at Carrington Mortgage in Westfield. There, he focused on structuring full documentation and streamline loans for a variety of clients. In his time at Carrington Mortgage, London originated Conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) mortgages, totaling more than $14.2 million in 2021. Prior to Carrington, London worked at Freedom Mortgage in Fishers.
Frieman joins the Merchants Mortgage team with more than 20 years of experience, most recently as a senior loan officer at AmeriSave Mortgage Corporation. During his tenure with AmeriSave, Frieman consulted with borrowers looking to purchase properties nationwide, specializing in originations with first-time buyers. He was also an active participant in the new hire development program, training new employees with application, guidelines and company policy as well as the Mortgage Loan Origination System (LOS) platform.
In their new capacities at Merchants Mortgage, London and Frieman will be responsible for developing new residential mortgage business with local and national clients, along with analyzing credit worthiness of applicants and negotiating terms, repayment and collateral requirements for a variety of loan types.
“We are excited to welcome Damian and Jeffery as the newest members of the Merchants Mortgage team,” said Ron Berry, Vice President of Retail Mortgage Sales. “Their extensive experience in the industry proves each of their abilities to support our growing team and will undoubtedly push our company to the next level as we continue to put our mortgage clients at the forefront. Both Damian and Jeffery’s ties to the Indianapolis area will be an incredible asset, as our team works to expand its reach both locally and nationally.”
London holds a bachelor’s degree in finance from the University of Phoenix. Frieman is a graduate of Vanguard University with a degree in business administration.