Welcome to Merchants Mortgage. We look forward to putting our mortgage services to work for you!

At Merchants Mortgage, we understand that a mortgage transaction is one of your most important financial decisions. Whether you are building, buying, refinancing, or consolidating debt, our highly talented and experienced Loan Officers will take time to meet with you in person to understand your needs, and provide the best products and service available to make the transaction as simple as possible. For those customers with a busy lifestyle, we offer the ability for our customers to apply from the comfort of home or the office by using our online application feature.

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Purchasing a new home or refinancing?

Congratulations on your decision to buy a new home or refinance your current home! There are many important things to consider throughout the process, especially if you’re a first-time homebuyer. Our staff of Loan Officers are ready to assist you in finding the right product to fit your financial plans.  Learn what to expect by reading these Home Purchase Basics and download your step-by-step guide to help make better choices along your path to owning a home.

Applying for a loan?

Our mortgage experts are ready to meet you in person, at a time convenient for you, to get you started. Additionally, our online application process is available for you 24/7, and is conveniently designed to allow you to stop any time and pick up where you left off. And after you submit an application, you can check loan status at your convenience.

Building or remodeling?

If you are planning on building your dream home or remodeling your current home, you can contact one of our mortgage professionals who will help find the right loan to fit your financial needs.

Financing Available

  • Fixed Rate Mortgage (Conventional and FHA)
  • Hybrid Adjustable Rate Programs
  • Jumbo Loans
  • Second Homes
  • Construction Loans
  • Home Equity Loans / Bridge Loans
  • Lot Financing

Call us at 317-805-4336 for assistance with the online application.

Merchants Mortgage is a division of Merchants Bank of Indiana (MBI). MBI is one of Indiana’s strongest and most well capitalized banks. We believe in an outstanding customer experience, and work hard to ensure that we exceed the expectations of our most important asset-the customer. We’re a full service mortgage banker with an experienced staff offering expertise in every area of mortgage lending…from purchase to refinance to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates, terms and costs-to meet your unique needs.

And, now it’s our pleasure to offer all of our exceptional mortgage services online. Through us you not only have access to the best loans available in the marketplace, but you can also review loan alternatives, and even apply for your loan,at your convenience, online – 24 hours a day.

Thank you for visiting our website. We look forward to putting our mortgage service to work for you!

Merchants Mortgage, a Division of Merchants Bank of Indiana, offers a full suite of Correspondent Lending Products. We offer our clients:


Central Region
Jeff Cothern, Assistant Vice President, Correspondent and Warehouse Sales Executive – 614.580.5691

Eastern Region
Kathy Bickett, Assistant Vice President, Correspondent and Warehouse Sales Executive – 704.906.1106

Western Region
David McPherson, Assistant Vice President, Correspondent and Warehouse Sales Executive – 360.901.3266

Southeast Region
Dan Hastings, CMB, Assistant Vice President, Correspondent and Warehouse Sales Executive – 318.547.1357

Midwest Region
Rob Wilson, Vice President, Correspondent and Warehouse Sales Executive – 317.798.2398

About Merchants Bancorp

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business with a focus on Federal Housing Administration (“FHA”) multi-family housing and healthcare facility financing and servicing; mortgage warehouse financing; retail and correspondent residential mortgage banking; agricultural lending; and traditional community banking. For more information and financial data, please visit Merchants’ Investor Relations page at investors.merchantsbancorp.com