Homeownership – it’s a vital part of the American dream. But over the years, that dream has yet to become reality for so many working class Americans due to inflation, low wages, high interest rates and more, making affording a down payment an unattainable goal. At Merchants Bank, we know how difficult it can be […]
Introducing LEAP: Your Path to Homeownership Read More »
HomeBoost is a down payment assistance program available to participating Members of Federal Home Loan Bank to provide eligible first-time homebuyers* with funds for down payment and closing costs for purchasing their primary residence. Funds are limited, are available on first-come, first-served basis, and are not subject to lien or repayment. Program Requirements Merchants Bank
If you’ve been waiting to buy, now is the time with HomeBoost Read More »
Recently named by Inside Mortgage Finance as the #7 Warehouse Lender in the country, our Warehouse Lending Division experienced a record year in 2019. Merchants offers its partners a wide array of products and services, including loan participations and warehouse lines of credit to a national customer base, serving both single family and multifamily mortgage
The Value of Warehouse Lenders in the Mortgage Market Read More »
CARMEL, Ind. – Merchants Mortgage announces today the hiring of Jan Olmstead and Steve Clark as mortgage loan originators in Carmel, Indiana. Olmstead brings more than 25 years of residential lending, title insurance and real estate services experience to the Merchants team. As a mortgage loan originator, Olmstead understands the needs and the desires of
Merchants Mortgage Hires Two Mortgage Loan Originators Read More »
CARMEL, Ind. – Merchants Bank of Indiana recently assisted three Indianapolis-area businesses in securing nearly $75,000 in total small business grants through Federal Home Loan Bank of Indianapolis’ (FHLBI) Elevate program. Elevate is a small business grant program that assists the growth and development of small businesses, their workforce, and the communities where they are
It’s the start of summer and everything is green and growing, including our Correspondent Lending Non-Delegated Business Channel. Our Non-Delegated Program is positioned to serve you, while helping reduce underwriting risk. We’ll provide the tools you need to help your business grow and make a difference in the lives of the home buyers you serve.
It’s summer and everything is growing…including our Non-Delegated Business Channel Read More »
