We Are Merchants Capital…

Merchants Capital is one of the nation’s top financing providers for refinance, acquisition, new construction and substantial rehabilitation of multifamily, affordable, senior and student housing. Whether you are considering Freddie Mac, Fannie Mae, HUD/FHA insured, tax credit equity, or balance sheet financing, let our personalized services help you meet your financing objectives. Experience the creativity of a small lender, with all the capabilities of a large institution.

Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations.

Merchants Capital Corp. (MCC) has originated and closed more than $14 billion in financing and now services more than $10 billion. MCC’s primary source of funding is the secondary market of federally chartered agencies and the federal government and tax credit equity investors.

MCC is an approved FHA Mortgagee and is an approved Multifamily Accelerated Processing (MAP) lender for HUD. MCC is a Fannie Mae Affordable Lender, a Freddie Mac Optigo® Targeted Affordable Housing (TAH) Seller/ Servicer, a Federal Housing Administration (FHA) MAP LEAN and LIHTC Pilot Lender, and a Ginnie Mae Issuer/ Servicer.

MCC is also a Rural Housing Service (RHS) approved lender for the Section 538 program. The company is a Government National Mortgage Association (GNMA) Issuer of Mortgage Backed Securities (MBS). These agencies offer secondary market programs that provide a full range of loan structures for multifamily rental projects and health care facilities.

Merchants Capital is also a fully integrated tax credit equity syndicator. Our syndication platform, paired with our comprehensive suite of debt offerings, allows us to deliver best in class financing on all aspects of affordable housing transactions. The tax credit equity team specializes in tax-advantaged affordable housing projects with Section 42 Low-Income Housing Tax Credits (LIHTC) and all funds are underwritten and serviced in-house.

Through these programs, MCC can provide acquisition, refinance, rehabilitation and new construction loans paired with tax credit equity. These programs offer competitive long-term, fixed-rate loans that will meet the needs of our clients. Through its parent company (Merchants Bank), MCC can offer floating and fixed rate interim construction and acquisition/rehab loans.

Meet Our Executive Management

Michael J. Dunlap

Chairman

Mathew Wambua

Vice Chairman, New York Office

Michael R. Dury

President and CEO

Brian J. Sullivan

Executive Vice President, Chief Operating Officer

Marsha Goff

Executive Vice President, Fannie Mae & Freddie Mac Chief Underwriter, Saint Paul Office

Dwayne George

Executive Vice President, National Head of Production

Lee Oller

Executive Vice President, Chicago Office

Michael J. Dunlap

Chairman

Mathew Wambua

Vice Chairman, New York Office

Michael R. Dury

President and CEO

Brain J. Sullivan

Executive Vice President, Chief Operating Officer

Marsha Goff

Executive Vice President, Fannie Mae & Freddie Mac Chief Underwriter, Saint Paul Office

Dwayne George

Executive Vice President, National Head of Production

Lee Oller

Executive Vice President, Chicago Office

Meet Our Team

Loan Origination Team

Tax Credit Equity Team

Underwriting, Processing, and Closing Team

Loan Servicing

Administrative Staff

National and State Affiliations

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