First Merchants Bank

Review, Rates and contact information

First Merchants Bank

About

First Merchants Corporation operates as a financial holding company, providing diversified financial services through its subsidiary, First Merchants Bank. With a commitment to serving communities, First Merchants offers a range of banking products and services to individuals and businesses. Headquartered in Muncie, Indiana, the bank operates numerous branches across multiple states, delivering personalized financial solutions, competitive rates, and a variety of banking services to meet the needs of its customers.

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Offered Loan Program Types

Property Types

Loan Amount

$200K - $25M

Time to close

30-60 days

Primary Areas Served

IN, OH, MI, IL

Max LTV

70%

Origination Fee

1%

Specialty

Mixed-use, Warehouse, Affordable Housing

Portfolio/Blanket loans.

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

11/9/2023
$1,056,000
Industrial
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Loan date

11/9/2023

Loan Amount

$1,056,000

Property Subtype

Industrial

Address

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11/9/2023
$1,056,000
Industrial
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Loan date

11/9/2023

Loan Amount

$1,056,000

Property Subtype

Industrial

Address

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11/9/2023
$1,056,000
Vacant - Industrial
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Loan date

11/9/2023

Loan Amount

$1,056,000

Property Subtype

Vacant - Industrial

Address

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11/9/2023
$212,000
Single Family Residence
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Loan date

11/9/2023

Loan Amount

$212,000

Property Subtype

Single Family Residence

Address

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11/9/2023
$212,000
Vacant
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Loan date

11/9/2023

Loan Amount

$212,000

Property Subtype

Vacant

Address

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11/8/2023
$1,865,000
Retail
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Loan date

11/8/2023

Loan Amount

$1,865,000

Property Subtype

Retail

Address

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10/31/2023
$177,100
Single Family Residence
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Loan date

10/31/2023

Loan Amount

$177,100

Property Subtype

Single Family Residence

Address

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10/30/2023
$245,000
Single Family Residence
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Loan date

10/30/2023

Loan Amount

$245,000

Property Subtype

Single Family Residence

Address

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10/27/2023
$185,250
Single Family Residence
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Loan date

10/27/2023

Loan Amount

$185,250

Property Subtype

Single Family Residence

Address

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10/18/2023
$1,823,130
Industrial
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Loan date

10/18/2023

Loan Amount

$1,823,130

Property Subtype

Industrial

Address

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10/6/2023
$165,938
Vacant
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Loan date

10/6/2023

Loan Amount

$165,938

Property Subtype

Vacant

Address

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9/15/2023
$200,000
Residential Condo
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Loan date

9/15/2023

Loan Amount

$200,000

Property Subtype

Residential Condo

Address

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9/15/2023
$200,000
Residential Condo
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Loan date

9/15/2023

Loan Amount

$200,000

Property Subtype

Residential Condo

Address

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9/11/2023
$431,900
Vacant
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Loan date

9/11/2023

Loan Amount

$431,900

Property Subtype

Vacant

Address

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