Indiana
Mortgage Loan Application
Totals and Details
in 2003

Find mortgage statistics and mortgage data for Indiana.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2021 in all of Indiana.
You can organize this information by metropolitan area and by county.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 799,041
Total Mortgage Loan Application Amount $83,130,779,000
Average Mortgage Loan Application Amount $104,000
Highest Mortgage Loan Application Amount $38,400,000
Average Applicant Income $56,000
Highest Applicant Income $9,999,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Indiana, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Indiana in 2003

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing (home purchase or home improvement, one-to-four family) 576,723 $61,420,015,000 $106,000 $10,000,000 $57,000 $9,999,000
Home Purchase (one-to-four family) 185,664 $20,076,357,000 $108,000 $2,920,000 $54,000 $8,352,000
Home Improvement (one-to-four family) 36,148 $930,345,000 $25,000 $2,500,000 $57,000 $9,999,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 506 $704,062,000 $1,391,000 $38,400,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 595,139 $62,351,797,000 $104,000 $10,000,000 $58,000 $9,999,000
Information not provided by applicant in mail or telephone application 91,022 $8,717,591,000 $95,000 $8,470,000 $60,000 $8,832,000
Not applicable 44,609 $5,587,419,000 $125,000 $38,400,000 $11,000 $7,783,000
Black 37,525 $3,278,019,000 $87,000 $1,730,000 $52,000 $6,300,000
Hispanic 16,225 $1,413,113,000 $87,000 $903,000 $46,000 $1,360,000
Other 6,289 $710,001,000 $112,000 $1,500,000 $72,000 $5,066,000
Asian or Pacific Islander 6,105 $873,045,000 $143,000 $1,870,000 $82,000 $4,106,000
American Indian or Alaskan Native 2,127 $199,794,000 $93,000 $719,000 $53,000 $2,012,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 715,110 $74,399,460,000 $104,000 $38,400,000 $61,000 $9,999,000
FHA-insured (Federal Housing Administration) 69,037 $7,090,919,000 $102,000 $21,000,000 $27,000 $6,052,000
VA-guaranteed (Veterans Administration) 13,865 $1,563,542,000 $112,000 $323,000 $25,000 $1,382,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,029 $76,858,000 $74,000 $247,000 $27,000 $600,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 432,072 $46,720,097,000 $108,000 $38,400,000 $64,000 $9,999,000
Application Denied By Financial Institution 128,748 $10,800,373,000 $83,000 $14,134,000 $53,000 $9,999,000
Loan Purchased By The Institution 103,969 $12,310,321,000 $118,000 $2,236,000 $34,000 $7,024,000
Application Withdrawn By Applicant 68,078 $6,821,674,000 $100,000 $5,048,000 $56,000 $4,039,000
Application Approved But Not Accepted 50,306 $4,835,561,000 $96,000 $11,850,000 $56,000 $7,986,000
File Closed For Incompleteness 15,868 $1,642,753,000 $103,000 $1,540,000 $64,000 $6,656,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 33,865 $2,500,334,000 $73,000 $8,500,000 $49,000 $3,102,000
Other 15,128 $1,417,021,000 $93,000 $14,134,000 $56,000 $7,825,000
Debt-To-Income Ratio 15,063 $1,258,126,000 $83,000 $1,350,000 $45,000 $1,838,000
Credit Application Incomplete 14,120 $1,464,243,000 $103,000 $3,500,000 $59,000 $1,632,000
Collateral 13,661 $1,238,302,000 $90,000 $2,500,000 $59,000 $2,040,000
Unverifiable Information 1,702 $182,899,000 $107,000 $1,000,000 $56,000 $3,434,000
Insufficient Cash (Downpayment, Closing Cost) 1,189 $102,385,000 $86,000 $750,000 $48,000 $611,000
Employment History 1,161 $99,864,000 $86,000 $1,000,000 $47,000 $1,200,000
Mortgage Insurance Denied 72 $7,443,000 $103,000 $722,000 $60,000 $255,000
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Mortgage Loan Application Totals in 2003 by Indiana Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BLOOMINGTON, IN 13,831 $ 1,577,505,000 $ 114,000 $ 65,000
ELKHART-GOSHEN, IN 21,486 $ 2,063,814,000 $ 96,000 $ 51,000
EVANSVILLE-HENDERSON, IN-KY 29,917 $ 2,779,079,000 $ 92,000 $ 57,000
FORT WAYNE, IN 69,308 $ 6,614,077,000 $ 95,000 $ 51,000
GARY, IN 77,264 $ 8,147,982,000 $ 105,000 $ 59,000
INDIANAPOLIS, IN 273,278 $ 33,677,946,000 $ 123,000 $ 65,000
KOKOMO, IN 13,651 $ 1,150,001,000 $ 84,000 $ 56,000
LAFAYETTE, IN 22,120 $ 2,373,935,000 $ 107,000 $ 53,000
MUNCIE, IN 12,375 $ 994,048,000 $ 80,000 $ 55,000
SOUTH BEND, IN 31,574 $ 2,939,723,000 $ 93,000 $ 55,000
TERRE HAUTE, IN 15,253 $ 1,143,023,000 $ 74,000 $ 50,000
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Mortgage Loan Application Totals in 2003 by Indiana County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 3,105 $ 250,003,000 $ 80,000 $ 44,000
Allen 47,959 $ 4,724,308,000 $ 98,000 $ 55,000
Bartholomew 9,739 $ 1,006,200,000 $ 103,000 $ 60,000
Benton 765 $ 56,727,000 $ 74,000 $ 43,000
Blackford 1,211 $ 80,119,000 $ 66,000 $ 45,000
Boone 8,640 $ 1,439,300,000 $ 166,000 $ 84,000
Brown 2,767 $ 325,109,000 $ 117,000 $ 70,000
Carroll 2,718 $ 242,986,000 $ 89,000 $ 47,000
Cass 3,313 $ 247,290,000 $ 74,000 $ 43,000
Clark 15,031 $ 1,436,869,000 $ 95,000 $ 52,000
Clay 3,082 $ 232,160,000 $ 75,000 $ 46,000
Clinton 3,982 $ 319,996,000 $ 80,000 $ 50,000
Crawford 1,012 $ 70,457,000 $ 69,000 $ 44,000
Daviess 1,628 $ 116,664,000 $ 71,000 $ 47,000
Dearborn 7,611 $ 872,399,000 $ 114,000 $ 56,000
Decatur 2,507 $ 207,982,000 $ 82,000 $ 49,000
DeKalb 5,686 $ 520,290,000 $ 91,000 $ 47,000
Delaware 12,396 $ 995,696,000 $ 80,000 $ 55,000
Dubois 2,938 $ 260,157,000 $ 88,000 $ 49,000
Elkhart 21,552 $ 2,071,033,000 $ 96,000 $ 51,000
Fayette 2,334 $ 174,807,000 $ 74,000 $ 49,000
Floyd 10,759 $ 1,126,654,000 $ 104,000 $ 55,000
Fountain 1,797 $ 120,660,000 $ 67,000 $ 46,000
Franklin 2,231 $ 239,219,000 $ 107,000 $ 56,000
Fulton 2,212 $ 167,549,000 $ 75,000 $ 47,000
Gibson 2,869 $ 211,041,000 $ 73,000 $ 55,000
Grant 6,478 $ 495,871,000 $ 76,000 $ 54,000
Greene 2,795 $ 195,904,000 $ 70,000 $ 45,000
Hamilton 49,267 $ 8,506,985,000 $ 172,000 $ 88,000
Hancock 11,053 $ 1,388,398,000 $ 125,000 $ 58,000
Harrison 4,612 $ 426,841,000 $ 92,000 $ 54,000
Hendricks 22,587 $ 2,856,550,000 $ 126,000 $ 61,000
Henry 5,274 $ 487,890,000 $ 92,000 $ 53,000
Howard 11,601 $ 967,523,000 $ 83,000 $ 56,000
Huntington 4,784 $ 406,608,000 $ 84,000 $ 48,000
Jackson 4,887 $ 396,899,000 $ 81,000 $ 50,000
Jasper 3,826 $ 376,019,000 $ 98,000 $ 52,000
Jay 1,648 $ 107,720,000 $ 65,000 $ 41,000
Jefferson 2,650 $ 212,542,000 $ 80,000 $ 51,000
Jennings 2,784 $ 203,883,000 $ 73,000 $ 44,000
Johnson 21,410 $ 2,654,258,000 $ 123,000 $ 62,000
Knox 2,799 $ 194,298,000 $ 69,000 $ 52,000
Kosciusko 10,034 $ 1,090,280,000 $ 108,000 $ 63,000
LaGrange 3,002 $ 293,258,000 $ 97,000 $ 49,000
Lake 55,768 $ 5,520,184,000 $ 98,000 $ 56,000
LaPorte 12,499 $ 1,236,861,000 $ 98,000 $ 64,000
Lawrence 4,084 $ 323,044,000 $ 79,000 $ 47,000
Madison 16,591 $ 1,432,942,000 $ 86,000 $ 52,000
Marion 127,623 $ 13,670,800,000 $ 107,000 $ 59,000
Marshall 4,904 $ 459,040,000 $ 93,000 $ 65,000
Martin 725 $ 46,526,000 $ 64,000 $ 44,000
Miami 3,652 $ 274,756,000 $ 75,000 $ 46,000
Monroe 13,861 $ 1,581,843,000 $ 114,000 $ 65,000
Montgomery 4,080 $ 332,663,000 $ 81,000 $ 48,000
Morgan 10,821 $ 1,229,071,000 $ 113,000 $ 57,000
Newton 1,739 $ 143,576,000 $ 82,000 $ 47,000
Noble 5,404 $ 484,651,000 $ 89,000 $ 48,000
Ohio 829 $ 79,594,000 $ 96,000 $ 50,000
Orange 1,663 $ 113,062,000 $ 67,000 $ 52,000
Owen 1,985 $ 165,441,000 $ 83,000 $ 44,000
Parke 1,334 $ 100,451,000 $ 75,000 $ 54,000
Perry 1,547 $ 104,498,000 $ 67,000 $ 44,000
Pike 931 $ 61,801,000 $ 66,000 $ 42,000
Porter 21,630 $ 2,643,799,000 $ 122,000 $ 67,000
Posey 2,863 $ 243,857,000 $ 85,000 $ 51,000
Pulaski 1,118 $ 82,475,000 $ 73,000 $ 50,000
Putnam 4,530 $ 431,009,000 $ 95,000 $ 51,000
Randolph 2,479 $ 160,250,000 $ 64,000 $ 41,000
Ripley 2,833 $ 274,715,000 $ 96,000 $ 50,000
Rush 1,902 $ 153,617,000 $ 80,000 $ 46,000
Scott 2,993 $ 220,043,000 $ 73,000 $ 50,000
Shelby 5,687 $ 550,595,000 $ 96,000 $ 55,000
Spencer 1,564 $ 125,955,000 $ 80,000 $ 47,000
St. Joseph 31,638 $ 2,947,431,000 $ 93,000 $ 55,000
Starke 2,522 $ 196,390,000 $ 77,000 $ 46,000
Steuben 5,390 $ 651,585,000 $ 120,000 $ 72,000
Sullivan 1,794 $ 117,488,000 $ 65,000 $ 48,000
Switzerland 928 $ 85,347,000 $ 91,000 $ 49,000
Tippecanoe 18,179 $ 2,058,414,000 $ 113,000 $ 54,000
Tipton 2,085 $ 186,811,000 $ 89,000 $ 56,000
Union 641 $ 53,397,000 $ 83,000 $ 45,000
Vanderburgh 19,590 $ 1,712,244,000 $ 87,000 $ 54,000
Vermillion 1,715 $ 106,754,000 $ 62,000 $ 45,000
Vigo 10,494 $ 807,378,000 $ 76,000 $ 53,000
Wabash 3,466 $ 277,183,000 $ 79,000 $ 50,000
Warren 991 $ 79,209,000 $ 79,000 $ 48,000
Warrick 7,501 $ 826,810,000 $ 110,000 $ 63,000
Washington 3,053 $ 235,850,000 $ 77,000 $ 45,000
Wayne 6,616 $ 510,121,000 $ 77,000 $ 52,000
Wells 3,402 $ 285,792,000 $ 84,000 $ 47,000
White 3,244 $ 301,663,000 $ 92,000 $ 53,000
Whitley 4,521 $ 441,771,000 $ 97,000 $ 51,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Indiana.

If you prefer, you can download a copy of the entire list of mortgage lenders in Indiana and search similar information back through 2003.

Download the Indiana Lender List