First Merchants Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
First Merchants Bank 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | First Merchants Bank 200 E. Jackson St. Muncie, IN 47305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 |
| Total Number of Mortgage Applications | 10,987 |
| Total Mortgage Loan Application Amount | $1,844,055,000 |
| Average Mortgage Loan Application Amount | $167,600 |
| Highest Mortgage Loan Application Amount | $19,845,000 |
| Average Applicant Income | $123,800 |
| Highest Applicant Income | $7,773,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with First Merchants Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing First Merchants Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down First Merchants Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how First Merchants Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by First Merchants Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at First Merchants Bank's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Marion County Indiana | 912 | $ 141,710,000 | $ 155,000 | $ 97,000 |
| Allen County Indiana | 892 | $ 157,000,000 | $ 176,000 | $ 100,000 |
| Franklin County Ohio | 743 | $ 197,695,000 | $ 266,000 | $ 182,000 |
| Tippecanoe County Indiana | 732 | $ 95,560,000 | $ 130,000 | $ 89,000 |
| Delaware County Indiana | 592 | $ 67,370,000 | $ 113,000 | $ 77,000 |
| Hamilton County Indiana | 556 | $ 117,380,000 | $ 211,000 | $ 192,000 |
| Madison County Indiana | 534 | $ 58,530,000 | $ 109,000 | $ 97,000 |
| Monroe County Michigan | 503 | $ 62,805,000 | $ 124,000 | $ 91,000 |
| Lake County Indiana | 488 | $ 65,500,000 | $ 134,000 | $ 106,000 |
| Henry County Indiana | 312 | $ 33,540,000 | $ 107,000 | $ 104,000 |
| Johnson County Indiana | 287 | $ 37,185,000 | $ 129,000 | $ 118,000 |
| Cook County Illinois | 280 | $ 111,310,000 | $ 397,000 | $ 268,000 |
| White County Indiana | 238 | $ 26,640,000 | $ 111,000 | $ 91,000 |
| Wayne County Michigan | 233 | $ 35,615,000 | $ 152,000 | $ 156,000 |
| Hendricks County Indiana | 213 | $ 30,085,000 | $ 141,000 | $ 99,000 |
| Adams County Indiana | 164 | $ 20,670,000 | $ 126,000 | $ 93,000 |
| Wells County Indiana | 160 | $ 15,970,000 | $ 99,000 | $ 75,000 |
| Jasper County Indiana | 150 | $ 14,620,000 | $ 97,000 | $ 74,000 |
| Shelby County Indiana | 135 | $ 13,015,000 | $ 96,000 | $ 82,000 |
| Morgan County Indiana | 133 | $ 15,745,000 | $ 118,000 | $ 108,000 |
| Hancock County Indiana | 124 | $ 16,760,000 | $ 135,000 | $ 97,000 |
| Clinton County Indiana | 121 | $ 10,455,000 | $ 86,000 | $ 72,000 |
| Delaware County Ohio | 120 | $ 48,460,000 | $ 403,000 | $ 357,000 |
| Randolph County Indiana | 119 | $ 7,735,000 | $ 65,000 | $ 66,000 |
| Porter County Indiana | 118 | $ 20,780,000 | $ 176,000 | $ 131,000 |
| Jay County Indiana | 111 | $ 8,745,000 | $ 78,000 | $ 85,000 |
| Montgomery County Indiana | 107 | $ 10,445,000 | $ 97,000 | $ 78,000 |
| Carroll County Indiana | 103 | $ 10,295,000 | $ 99,000 | $ 102,000 |
| Huntington County Indiana | 86 | $ 9,090,000 | $ 105,000 | $ 82,000 |
| Will County Illinois | 85 | $ 15,955,000 | $ 187,000 | $ 274,000 |
| DuPage County Illinois | 76 | $ 18,750,000 | $ 246,000 | $ 172,000 |
| Boone County Indiana | 68 | $ 18,690,000 | $ 274,000 | $ 198,000 |
| Wabash County Indiana | 62 | $ 5,530,000 | $ 89,000 | $ 100,000 |
| Marshall County Indiana | 51 | $ 5,785,000 | $ 113,000 | $ 100,000 |
| Brown County Indiana | 50 | $ 6,340,000 | $ 126,000 | $ 126,000 |
| Lucas County Ohio | 47 | $ 5,585,000 | $ 118,000 | $ 87,000 |
| DeKalb County Indiana | 43 | $ 8,555,000 | $ 198,000 | $ 79,000 |
| Fayette County Indiana | 41 | $ 2,415,000 | $ 58,000 | $ 55,000 |
| Kosciusko County Indiana | 39 | $ 13,475,000 | $ 345,000 | $ 319,000 |
| Miami County Indiana | 38 | $ 4,470,000 | $ 117,000 | $ 83,000 |
| Wayne County Indiana | 35 | $ 2,595,000 | $ 74,000 | $ 64,000 |
| Union County Indiana | 34 | $ 2,710,000 | $ 79,000 | $ 78,000 |
| Fairfield County Ohio | 33 | $ 7,965,000 | $ 241,000 | $ 257,000 |
| Blackford County Indiana | 30 | $ 2,420,000 | $ 80,000 | $ 79,000 |
| Howard County Indiana | 30 | $ 2,730,000 | $ 91,000 | $ 73,000 |
| Oakland County Michigan | 29 | $ 8,735,000 | $ 301,000 | $ 239,000 |
| Butler County Ohio | 28 | $ 6,810,000 | $ 243,000 | $ 186,000 |
| Washtenaw County Michigan | 27 | $ 5,705,000 | $ 211,000 | $ 196,000 |
| Hamilton County Ohio | 23 | $ 5,105,000 | $ 221,000 | $ 354,000 |
| Lake County Illinois | 22 | $ 8,030,000 | $ 365,000 | $ 896,000 |
| Rush County Indiana | 22 | $ 1,920,000 | $ 87,000 | $ 55,000 |
| Steuben County Indiana | 22 | $ 4,980,000 | $ 226,000 | $ 180,000 |
| Lee County Florida | 21 | $ 7,935,000 | $ 377,000 | $ 298,000 |
| Licking County Ohio | 21 | $ 6,165,000 | $ 293,000 | $ 218,000 |
| Benton County Indiana | 20 | $ 1,930,000 | $ 96,000 | $ 60,000 |
| Grant County Indiana | 20 | $ 1,710,000 | $ 85,000 | $ 84,000 |
| Cuyahoga County Ohio | 20 | $ 3,850,000 | $ 192,000 | $ 205,000 |
| Union County Ohio | 20 | $ 7,580,000 | $ 379,000 | $ 276,000 |
| Monroe County Indiana | 16 | $ 7,170,000 | $ 448,000 | $ 170,000 |
| Collier County Florida | 15 | $ 7,035,000 | $ 469,000 | $ 418,000 |
| Whitley County Indiana | 15 | $ 2,815,000 | $ 187,000 | $ 113,000 |
| Newton County Indiana | 14 | $ 1,070,000 | $ 76,000 | $ 65,000 |
| Fountain County Indiana | 13 | $ 1,445,000 | $ 111,000 | $ 71,000 |
| St. Joseph County Indiana | 13 | $ 7,705,000 | $ 592,000 | $ 171,000 |
| Bartholomew County Indiana | 12 | $ 1,470,000 | $ 122,000 | $ 101,000 |
| Noble County Indiana | 12 | $ 2,020,000 | $ 168,000 | $ 154,000 |
| Lenawee County Michigan | 12 | $ 1,260,000 | $ 105,000 | $ 59,000 |
| Summit County Ohio | 11 | $ 2,185,000 | $ 198,000 | $ 575,000 |
| Kane County Illinois | 10 | $ 2,660,000 | $ 266,000 | $ 216,000 |
| Putnam County Indiana | 10 | $ 1,890,000 | $ 189,000 | $ 114,000 |
| Starke County Indiana | 10 | $ 1,540,000 | $ 154,000 | $ 68,000 |
| Montgomery County Ohio | 10 | $ 1,300,000 | $ 130,000 | $ 175,000 |
| LaGrange County Indiana | 9 | $ 2,175,000 | $ 241,000 | $ 203,000 |
| LaPorte County Indiana | 9 | $ 995,000 | $ 110,000 | $ 107,000 |
| Stark County Ohio | 9 | $ 1,015,000 | $ 112,000 | $ 200,000 |
| Tipton County Indiana | 8 | $ 680,000 | $ 85,000 | $ 73,000 |
| Macomb County Michigan | 8 | $ 1,200,000 | $ 150,000 | $ 101,000 |
| Warren County Ohio | 8 | $ 2,110,000 | $ 263,000 | $ 237,000 |
| Maricopa County Arizona | 7 | $ 1,825,000 | $ 260,000 | $ 122,000 |
| Broward County Florida | 7 | $ 2,185,000 | $ 312,000 | $ 367,000 |
| Kendall County Illinois | 7 | $ 8,565,000 | $ 1,223,000 | $ 662,000 |
| Warren County Indiana | 7 | $ 575,000 | $ 82,000 | $ 96,000 |
| Darke County Ohio | 7 | $ 2,705,000 | $ 386,000 | $ 64,000 |
| Greene County Ohio | 7 | $ 1,395,000 | $ 199,000 | $ 171,000 |
| McHenry County Illinois | 6 | $ 1,360,000 | $ 226,000 | $ 155,000 |
| Franklin County Indiana | 6 | $ 630,000 | $ 105,000 | $ 144,000 |
| Clark County Ohio | 6 | $ 1,130,000 | $ 188,000 | $ 130,000 |
| Lorain County Ohio | 6 | $ 1,580,000 | $ 263,000 | $ 888,000 |
| Madison County Ohio | 6 | $ 2,310,000 | $ 385,000 | $ 266,000 |
| Hillsborough County Florida | 5 | $ 1,285,000 | $ 257,000 | $ 748,000 |
| Palm Beach County Florida | 5 | $ 3,825,000 | $ 765,000 | $ 412,000 |
| Sarasota County Florida | 5 | $ 1,445,000 | $ 289,000 | $ 178,000 |
| Cass County Indiana | 5 | $ 375,000 | $ 75,000 | $ 54,000 |
| Clark County Indiana | 5 | $ 605,000 | $ 121,000 | $ 98,000 |
| Owen County Indiana | 5 | $ 625,000 | $ 125,000 | $ 45,000 |
| Cass County Michigan | 5 | $ 1,665,000 | $ 333,000 | $ 136,000 |
| Kent County Michigan | 5 | $ 1,045,000 | $ 209,000 | $ 118,000 |
| Geauga County Ohio | 5 | $ 1,215,000 | $ 243,000 | $ 162,000 |
| Morrow County Ohio | 5 | $ 1,305,000 | $ 261,000 | $ 277,000 |
| Preble County Ohio | 5 | $ 335,000 | $ 67,000 | $ 66,000 |
| Knox County Tennessee | 5 | $ 1,145,000 | $ 229,000 | $ 124,000 |
| Manatee County Florida | 4 | $ 2,370,000 | $ 592,000 | $ 604,000 |
| Miami-Dade County Florida | 4 | $ 2,550,000 | $ 637,000 | $ 724,000 |
| Okaloosa County Florida | 4 | $ 2,100,000 | $ 525,000 | $ 475,000 |
| Pinellas County Florida | 4 | $ 2,350,000 | $ 587,000 | $ 700,000 |
| Walton County Florida | 4 | $ 3,940,000 | $ 985,000 | $ 174,000 |
| Kankakee County Illinois | 4 | $ 610,000 | $ 152,000 | $ 83,000 |
| Winnebago County Illinois | 4 | $ 360,000 | $ 90,000 | $ 65,000 |
| Decatur County Indiana | 4 | $ 580,000 | $ 145,000 | $ 83,000 |
| Elkhart County Indiana | 4 | $ 690,000 | $ 172,000 | $ 106,000 |
| Pulaski County Indiana | 4 | $ 100,000 | $ 25,000 | $ 75,000 |
| Emmet County Michigan | 4 | $ 1,150,000 | $ 287,000 | $ 217,000 |
| Ingham County Michigan | 4 | $ 580,000 | $ 145,000 | $ 99,000 |
| Livingston County Michigan | 4 | $ 620,000 | $ 155,000 | $ 238,000 |
| Champaign County Ohio | 4 | $ 340,000 | $ 85,000 | $ 112,000 |
| Defiance County Ohio | 4 | $ 600,000 | $ 150,000 | $ 75,000 |
| Knox County Ohio | 4 | $ 750,000 | $ 187,000 | $ 115,000 |
| Pickaway County Ohio | 4 | $ 890,000 | $ 222,000 | $ 82,000 |
| Van Wert County Ohio | 4 | $ 390,000 | $ 97,000 | $ 41,000 |
| Fulton County Indiana | 3 | $ 1,345,000 | $ 448,000 | $ 49,000 |
| Hillsdale County Michigan | 3 | $ 405,000 | $ 135,000 | $ 162,000 |
| Montmorency County Michigan | 3 | $ 375,000 | $ 125,000 | $ 117,000 |
| Oceana County Michigan | 3 | $ 985,000 | $ 328,000 | $ 291,000 |
| Ottawa County Michigan | 3 | $ 575,000 | $ 191,000 | $ 115,000 |
| Hennepin County Minnesota | 3 | $ 635,000 | $ 211,000 | $ 134,000 |
| Clermont County Ohio | 3 | $ 575,000 | $ 191,000 | $ 100,000 |
| Erie County Ohio | 3 | $ 545,000 | $ 181,000 | $ 392,000 |
| Mercer County Ohio | 3 | $ 495,000 | $ 165,000 | $ 61,000 |
| Muskingum County Ohio | 3 | $ 245,000 | $ 81,000 | $ 269,000 |
| Ottawa County Ohio | 3 | $ 435,000 | $ 145,000 | $ 183,000 |
| Clark County Washington | 3 | $ 1,145,000 | $ 381,000 | $ 148,000 |
| Eagle County Colorado | 2 | $ 720,000 | $ 360,000 | $ 733,000 |
| Mesa County Colorado | 2 | $ 350,000 | $ 175,000 | $ 140,000 |
| Summit County Colorado | 2 | $ 530,000 | $ 265,000 | $ 333,000 |
| Brevard County Florida | 2 | $ 380,000 | $ 190,000 | $ 51,000 |
| Citrus County Florida | 2 | $ 280,000 | $ 140,000 | $ 57,000 |
| Duval County Florida | 2 | $ 250,000 | $ 125,000 | $ 24,000 |
| Hernando County Florida | 2 | $ 950,000 | $ 475,000 | $ 347,000 |
| Orange County Florida | 2 | $ 570,000 | $ 285,000 | $ 274,000 |
| Pasco County Florida | 2 | $ 440,000 | $ 220,000 | $ 96,000 |
| Polk County Florida | 2 | $ 190,000 | $ 95,000 | $ 62,000 |
| Santa Rosa County Florida | 2 | $ 300,000 | $ 150,000 | $ 149,000 |
| Volusia County Florida | 2 | $ 270,000 | $ 135,000 | $ 186,000 |
| LaSalle County Illinois | 2 | $ 160,000 | $ 80,000 | $ 386,000 |
| Tazewell County Illinois | 2 | $ 350,000 | $ 175,000 | $ 109,000 |
| Greene County Indiana | 2 | $ 120,000 | $ 60,000 | $ 32,000 |
| Barry County Michigan | 2 | $ 560,000 | $ 280,000 | $ 143,000 |
| Berrien County Michigan | 2 | $ 380,000 | $ 190,000 | $ 132,000 |
| Genesee County Michigan | 2 | $ 260,000 | $ 130,000 | $ 477,000 |
| Grand Traverse County Michigan | 2 | $ 1,110,000 | $ 555,000 | $ 815,000 |
| Jackson County Michigan | 2 | $ 330,000 | $ 165,000 | $ 1,092,000 |
| Kalkaska County Michigan | 2 | $ 310,000 | $ 155,000 | $ 163,000 |
| Mecosta County Michigan | 2 | $ 270,000 | $ 135,000 | $ 171,000 |
| Missaukee County Michigan | 2 | $ 200,000 | $ 100,000 | $ 174,000 |
| St. Joseph County Michigan | 2 | $ 580,000 | $ 290,000 | $ 152,000 |
| Jasper County Missouri | 2 | $ 190,000 | $ 95,000 | $ 209,000 |
| Gallatin County Montana | 2 | $ 2,010,000 | $ 1,005,000 | $ 596,000 |
| Clark County Nevada | 2 | $ 490,000 | $ 245,000 | $ 152,000 |
| Wake County North Carolina | 2 | $ 390,000 | $ 195,000 | $ 62,000 |
| Athens County Ohio | 2 | $ 240,000 | $ 120,000 | $ 80,000 |
| Auglaize County Ohio | 2 | $ 200,000 | $ 100,000 | $ 39,000 |
| Hocking County Ohio | 2 | $ 590,000 | $ 295,000 | $ 198,000 |
| Logan County Ohio | 2 | $ 590,000 | $ 295,000 | $ 221,000 |
| Medina County Ohio | 2 | $ 410,000 | $ 205,000 | $ 140,000 |
| Paulding County Ohio | 2 | $ 270,000 | $ 135,000 | $ 93,000 |
| Perry County Ohio | 2 | $ 140,000 | $ 70,000 | $ 241,000 |
| Portage County Ohio | 2 | $ 350,000 | $ 175,000 | $ 219,000 |
| Richland County Ohio | 2 | $ 360,000 | $ 180,000 | $ 122,000 |
| Ross County Ohio | 2 | $ 240,000 | $ 120,000 | $ 53,000 |
| Shelby County Ohio | 2 | $ 230,000 | $ 115,000 | $ 92,000 |
| Wayne County Ohio | 2 | $ 320,000 | $ 160,000 | $ 125,000 |
| Wood County Ohio | 2 | $ 80,000 | $ 40,000 | $ 104,000 |
| Williamson County Tennessee | 2 | $ 860,000 | $ 430,000 | $ 716,000 |
| Summit County Utah | 2 | $ 2,280,000 | $ 1,140,000 | $ 977,000 |
| Pinal County Arizona | 1 | $ 375,000 | $ 375,000 | $ 178,000 |
| Baxter County Arkansas | 1 | $ 215,000 | $ 215,000 | $ 106,000 |
| Sharp County Arkansas | 1 | $ 75,000 | $ 75,000 | $ 104,000 |
| Los Angeles County California | 1 | $ 1,365,000 | $ 1,365,000 | $ 300,000 |
| San Diego County California | 1 | $ 405,000 | $ 405,000 | $ 104,000 |
| Ventura County California | 1 | $ 555,000 | $ 555,000 | $ 512,000 |
| Adams County Colorado | 1 | $ 35,000 | $ 35,000 | $ 23,000 |
| Denver County Colorado | 1 | $ 475,000 | $ 475,000 | $ 96,000 |
| San Miguel County Colorado | 1 | $ 175,000 | $ 175,000 | $ 359,000 |
| Charlotte County Florida | 1 | $ 255,000 | $ 255,000 | $ 199,000 |
| Flagler County Florida | 1 | $ 135,000 | $ 135,000 | $ 122,000 |
| Lake County Florida | 1 | $ 215,000 | $ 215,000 | $ 166,000 |
| Nassau County Florida | 1 | $ 465,000 | $ 465,000 | $ 168,000 |
| St. Lucie County Florida | 1 | $ 135,000 | $ 135,000 | $ 63,000 |
| Sumter County Florida | 1 | $ 485,000 | $ 485,000 | $ 132,000 |
| Chatham County Georgia | 1 | $ 225,000 | $ 225,000 | $ 387,000 |
| Clarke County Georgia | 1 | $ 205,000 | $ 205,000 | $ 145,000 |
| Greene County Georgia | 1 | $ 2,125,000 | $ 2,125,000 | $ 1,514,000 |
| Maui County Hawaii | 1 | $ 935,000 | $ 935,000 | $ 364,000 |
| Bannock County Idaho | 1 | $ 115,000 | $ 115,000 | $ 128,000 |
| Boone County Illinois | 1 | $ 245,000 | $ 245,000 | $ 110,000 |
| Champaign County Illinois | 1 | $ 19,845,000 | $ 19,845,000 | $ 0 |
| Crawford County Illinois | 1 | $ 75,000 | $ 75,000 | $ 30,000 |
| DeKalb County Illinois | 1 | $ 55,000 | $ 55,000 | $ 87,000 |
| Grundy County Illinois | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
| Iroquois County Illinois | 1 | $ 35,000 | $ 35,000 | $ 32,000 |
| Jo Daviess County Illinois | 1 | $ 155,000 | $ 155,000 | $ 226,000 |
| McLean County Illinois | 1 | $ 215,000 | $ 215,000 | $ 109,000 |
| Shelby County Illinois | 1 | $ 145,000 | $ 145,000 | $ 46,000 |
| St. Clair County Illinois | 1 | $ 115,000 | $ 115,000 | $ 1,080,000 |
| Stephenson County Illinois | 1 | $ 165,000 | $ 165,000 | $ 1,608,000 |
| Vermilion County Illinois | 1 | $ 145,000 | $ 145,000 | $ 160,000 |
| Clay County Indiana | 1 | $ 55,000 | $ 55,000 | $ 129,000 |
| Crawford County Indiana | 1 | $ 355,000 | $ 355,000 | $ 478,000 |
| Daviess County Indiana | 1 | $ 155,000 | $ 155,000 | $ 35,000 |
| Dearborn County Indiana | 1 | $ 115,000 | $ 115,000 | $ 96,000 |
| Floyd County Indiana | 1 | $ 275,000 | $ 275,000 | $ 168,000 |
| Gibson County Indiana | 1 | $ 35,000 | $ 35,000 | $ 52,000 |
| Jennings County Indiana | 1 | $ 65,000 | $ 65,000 | $ 44,000 |
| Sullivan County Indiana | 1 | $ 55,000 | $ 55,000 | $ 65,000 |
| Vigo County Indiana | 1 | $ 75,000 | $ 75,000 | $ 172,000 |
| Warrick County Indiana | 1 | $ 175,000 | $ 175,000 | $ 94,000 |
| Boone County Kentucky | 1 | $ 35,000 | $ 35,000 | $ 249,000 |
| Clinton County Kentucky | 1 | $ 45,000 | $ 45,000 | $ 82,000 |
| Franklin County Kentucky | 1 | $ 1,655,000 | $ 1,655,000 | $ 0 |
| Jessamine County Kentucky | 1 | $ 675,000 | $ 675,000 | $ 276,000 |
| Warren County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 47,000 |
| Cumberland County Maine | 1 | $ 205,000 | $ 205,000 | $ 251,000 |
| York County Maine | 1 | $ 1,025,000 | $ 1,025,000 | $ 485,000 |
| Anne Arundel County Maryland | 1 | $ 275,000 | $ 275,000 | $ 123,000 |
| Middlesex County Massachusetts | 1 | $ 885,000 | $ 885,000 | $ 315,000 |
| Allegan County Michigan | 1 | $ 1,385,000 | $ 1,385,000 | $ 0 |
| Antrim County Michigan | 1 | $ 95,000 | $ 95,000 | $ 80,000 |
| Arenac County Michigan | 1 | $ 45,000 | $ 45,000 | $ 81,000 |
| Calhoun County Michigan | 1 | $ 205,000 | $ 205,000 | $ 133,000 |
| Clinton County Michigan | 1 | $ 215,000 | $ 215,000 | $ 113,000 |
| Gladwin County Michigan | 1 | $ 455,000 | $ 455,000 | $ 4,260,000 |
| Kalamazoo County Michigan | 1 | $ 185,000 | $ 185,000 | $ 2,004,000 |
| Leelanau County Michigan | 1 | $ 275,000 | $ 275,000 | $ 139,000 |
| Luce County Michigan | 1 | $ 105,000 | $ 105,000 | $ 88,000 |
| Mackinac County Michigan | 1 | $ 255,000 | $ 255,000 | $ 282,000 |
| Mason County Michigan | 1 | $ 145,000 | $ 145,000 | $ 71,000 |
| Otsego County Michigan | 1 | $ 55,000 | $ 55,000 | $ 230,000 |
| Roscommon County Michigan | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
| Saginaw County Michigan | 1 | $ 55,000 | $ 55,000 | $ 110,000 |
| St. Louis County Minnesota | 1 | $ 335,000 | $ 335,000 | $ 296,000 |
| Camden County Missouri | 1 | $ 125,000 | $ 125,000 | $ 136,000 |
| St. Charles County Missouri | 1 | $ 275,000 | $ 275,000 | $ 93,000 |
| St. Louis City County Missouri | 1 | $ 335,000 | $ 335,000 | $ 120,000 |
| Flathead County Montana | 1 | $ 1,155,000 | $ 1,155,000 | $ 950,000 |
| Monmouth County New Jersey | 1 | $ 885,000 | $ 885,000 | $ 375,000 |
| Westchester County New York | 1 | $ 345,000 | $ 345,000 | $ 2,880,000 |
| Buncombe County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 52,000 |
| Lee County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 60,000 |
| Mecklenburg County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 200,000 |
| New Hanover County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 40,000 |
| Ashtabula County Ohio | 1 | $ 55,000 | $ 55,000 | $ 456,000 |
| Columbiana County Ohio | 1 | $ 205,000 | $ 205,000 | $ 65,000 |
| Coshocton County Ohio | 1 | $ 65,000 | $ 65,000 | $ 117,000 |
| Fayette County Ohio | 1 | $ 215,000 | $ 215,000 | $ 103,000 |
| Highland County Ohio | 1 | $ 215,000 | $ 215,000 | $ 98,000 |
| Huron County Ohio | 1 | $ 115,000 | $ 115,000 | $ 69,000 |
| Jefferson County Ohio | 1 | $ 95,000 | $ 95,000 | $ 60,000 |
| Lake County Ohio | 1 | $ 155,000 | $ 155,000 | $ 147,000 |
| Mahoning County Ohio | 1 | $ 185,000 | $ 185,000 | $ 161,000 |
| Marion County Ohio | 1 | $ 85,000 | $ 85,000 | $ 167,000 |
| Miami County Ohio | 1 | $ 95,000 | $ 95,000 | $ 39,000 |
| Seneca County Ohio | 1 | $ 85,000 | $ 85,000 | $ 63,000 |
| Trumbull County Ohio | 1 | $ 55,000 | $ 55,000 | $ 20,000 |
| Tuscarawas County Ohio | 1 | $ 75,000 | $ 75,000 | $ 95,000 |
| Washington County Oregon | 1 | $ 265,000 | $ 265,000 | $ 93,000 |
| Bucks County Pennsylvania | 1 | $ 385,000 | $ 385,000 | $ 120,000 |
| Cumberland County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Davidson County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 96,000 |
| Hamilton County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 60,000 |
| Pickett County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 36,000 |
| Comal County Texas | 1 | $ 375,000 | $ 375,000 | $ 199,000 |
| Harris County Texas | 1 | $ 1,075,000 | $ 1,075,000 | $ 257,000 |
| Hidalgo County Texas | 1 | $ 215,000 | $ 215,000 | $ 217,000 |
| Terry County Texas | 1 | $ 105,000 | $ 105,000 | $ 120,000 |
| Salt Lake County Utah | 1 | $ 65,000 | $ 65,000 | $ 130,000 |
| Fairfax County Virginia | 1 | $ 105,000 | $ 105,000 | $ 219,000 |
| Richmond City County Virginia | 1 | $ 335,000 | $ 335,000 | $ 100,000 |
| Iron County Wisconsin | 1 | $ 515,000 | $ 515,000 | $ 257,000 |
| Oneida County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 109,000 |
| Sawyer County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 77,000 |
| Walworth County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 236,000 |
| Waukesha County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 113,000 |
Mortgage Loan Application Detail Totals for First Merchants Bank in 2020
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 | 4,404 | $748,300,000 | $169,000 | $5,905,000 | $143,000 | $6,696,000 |
| Other Purpose | 2,295 | $195,215,000 | $85,000 | $2,005,000 | $118,000 | $7,773,000 |
| Home Purchase | 2,288 | $519,580,000 | $227,000 | $13,835,000 | $116,000 | $6,252,000 |
| Cash-out Refinancing | 1,123 | $306,585,000 | $273,000 | $19,845,000 | $140,000 | $6,720,000 |
| Home Improvement | 877 | $74,375,000 | $84,000 | $1,705,000 | $102,000 | $3,300,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 8,067 | $1,244,255,000 | $154,000 | $4,405,000 | $128,000 | $6,252,000 |
| Not Provided | 1,457 | $219,855,000 | $150,000 | $2,005,000 | $157,000 | $6,720,000 |
| Black or African American | 455 | $54,965,000 | $120,000 | $1,365,000 | $67,000 | $1,013,000 |
| Asian | 440 | $64,770,000 | $147,000 | $1,995,000 | $82,000 | $2,806,000 |
| Not applicable | 306 | $218,580,000 | $714,000 | $19,845,000 | $0 | $0 |
| Hispanic | 177 | $25,535,000 | $144,000 | $795,000 | $135,000 | $7,773,000 |
| American Indian or Alaskan Native | 26 | $4,080,000 | $156,000 | $955,000 | $141,000 | $1,176,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $1,050,000 | $525,000 | $935,000 | $307,000 | $364,000 |
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) | 10,717 | $1,803,685,000 | $168,000 | $19,845,000 | $130,000 | $7,773,000 |
| FHA-insured (Federal Housing Administration) | 159 | $23,325,000 | $146,000 | $365,000 | $56,000 | $252,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 74 | $8,690,000 | $117,000 | $235,000 | $45,000 | $89,000 |
| VA-guaranteed (Veterans Administration) | 37 | $8,355,000 | $225,000 | $425,000 | $101,000 | $852,000 |
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 | 6,635 | $1,164,315,000 | $175,000 | $19,845,000 | $119,000 | $2,588,000 |
| Application Denied By Financial Institution | 1,864 | $209,200,000 | $112,000 | $2,205,000 | $80,000 | $4,135,000 |
| Application Withdrawn By Applicant | 1,859 | $386,375,000 | $207,000 | $11,705,000 | $208,000 | $7,773,000 |
| File Closed For Incompleteness | 549 | $73,875,000 | $134,000 | $2,595,000 | $139,000 | $6,252,000 |
| Application Approved But Not Accepted | 80 | $10,290,000 | $128,000 | $1,605,000 | $155,000 | $1,873,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 9,123 | $1,634,855,000 | $179,000 | $19,845,000 | $139,000 | $7,773,000 |
| Debt-To-Income Ratio | 715 | $76,785,000 | $107,000 | $1,635,000 | $59,000 | $481,000 |
| Credit History | 655 | $60,865,000 | $92,000 | $1,005,000 | $70,000 | $780,000 |
| Collateral | 267 | $29,985,000 | $112,000 | $1,335,000 | $110,000 | $2,500,000 |
| Unverifiable Information | 118 | $22,330,000 | $189,000 | $1,045,000 | $182,000 | $4,135,000 |
| Other | 60 | $12,450,000 | $207,000 | $2,205,000 | $102,000 | $707,000 |
| Employment History | 33 | $4,255,000 | $128,000 | $435,000 | $55,000 | $238,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 16 | $2,530,000 | $158,000 | $465,000 | $92,000 | $624,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Merchants Bank's 2020 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess First Merchants Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Indiana, download the full spreadsheet
with aggregated HMDA statistics today.