Merchants Mortgage Adds 30-Year Loan Originator

Merchants Mortgage Adds 30-Year Loan Originator

Merchants Mortgage, part of Merchants Bancorp, announced the hiring of Patty Cummins as a mortgage loan originator in Carmel. Cummins brings more than 30 years of mortgage lending experience to the team.

Cummins has served the mortgage industry as a mortgage loan originator, home loan consultant, mortgage processor and mortgage servicing manager. She is a graduate of Indiana State University and is an All In One Loan Certified Mortgage Professional.

As a mortgage loan originator, Cummins will consult with clients and prospects, regarding their home borrowing needs, and she is experienced in working with a variety of mortgage loan types. Cummins has extensive experience working with first-time homebuyers and current home owners, where she provides guidance, support and consistent communication throughout the entire process.

“We are thrilled to welcome Patty to the Merchants Mortgage family,” said Jerry Koors, president of Merchants Mortgage. “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 – including Patty – will take time to meet with you in person to understand your needs.”

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including 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.  Merchants Bancorp, with $4.0 billion in assets and $3.1 billion in deposits as of March 31, 2019, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.

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