Merchants Bancorp is a diversified financial services holding company headquartered in Carmel, Indiana. Through its banking and specialty finance subsidiaries, the company provides mortgage banking, multifamily and healthcare real estate financing, and other commercial banking services to businesses, real estate developers, healthcare operators and consumers.
Its mortgage banking operations originate, finance, sell and service residential mortgage loans, including government-sponsored and government-insured products. The company also provides financing for multifamily housing, including affordable housing developments, as well as commercial real estate and healthcare facilities. Its banking subsidiary, Merchants Bank of Indiana, offers deposit accounts, commercial loans, warehouse lending and other financial services.
Merchants Bancorp was established in 2007 and serves customers and borrowers across the United States, with a particular focus on specialized real estate and mortgage finance markets. The company is led by Michael R. Petrie, who serves as chairman and chief executive officer.
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