First Merchants Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
First Merchants Bank 2021 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 | 10,167 |
| Total Mortgage Loan Application Amount | $2,101,325,000 |
| Average Mortgage Loan Application Amount | $199,400 |
| Highest Mortgage Loan Application Amount | $68,005,000 |
| Average Applicant Income | $115,600 |
| Highest Applicant Income | $5,693,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 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 2021 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 2021.
| 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 | 987 | $ 171,005,000 | $ 173,000 | $ 84,000 |
| Allen County Indiana | 775 | $ 131,035,000 | $ 169,000 | $ 83,000 |
| Tippecanoe County Indiana | 640 | $ 78,700,000 | $ 122,000 | $ 86,000 |
| Delaware County Indiana | 550 | $ 72,090,000 | $ 131,000 | $ 101,000 |
| Franklin County Ohio | 536 | $ 153,760,000 | $ 286,000 | $ 200,000 |
| Madison County Indiana | 535 | $ 56,775,000 | $ 106,000 | $ 79,000 |
| Monroe County Michigan | 493 | $ 59,715,000 | $ 121,000 | $ 97,000 |
| Lake County Indiana | 491 | $ 74,315,000 | $ 151,000 | $ 103,000 |
| Hamilton County Indiana | 428 | $ 94,590,000 | $ 221,000 | $ 171,000 |
| Henry County Indiana | 320 | $ 30,030,000 | $ 93,000 | $ 71,000 |
| Johnson County Indiana | 302 | $ 51,350,000 | $ 170,000 | $ 91,000 |
| Wayne County Michigan | 287 | $ 45,285,000 | $ 157,000 | $ 133,000 |
| Cook County Illinois | 265 | $ 79,755,000 | $ 300,000 | $ 120,000 |
| Hendricks County Indiana | 205 | $ 47,875,000 | $ 233,000 | $ 99,000 |
| White County Indiana | 204 | $ 24,020,000 | $ 117,000 | $ 88,000 |
| Jasper County Indiana | 153 | $ 15,225,000 | $ 99,000 | $ 79,000 |
| Porter County Indiana | 151 | $ 29,175,000 | $ 193,000 | $ 183,000 |
| Hancock County Indiana | 139 | $ 15,145,000 | $ 108,000 | $ 90,000 |
| Jay County Indiana | 138 | $ 9,380,000 | $ 67,000 | $ 60,000 |
| Wells County Indiana | 127 | $ 15,305,000 | $ 120,000 | $ 88,000 |
| Randolph County Indiana | 124 | $ 9,290,000 | $ 74,000 | $ 73,000 |
| Morgan County Indiana | 115 | $ 32,365,000 | $ 281,000 | $ 117,000 |
| Clinton County Indiana | 113 | $ 9,095,000 | $ 80,000 | $ 63,000 |
| Adams County Indiana | 112 | $ 12,880,000 | $ 115,000 | $ 82,000 |
| Carroll County Indiana | 109 | $ 13,005,000 | $ 119,000 | $ 88,000 |
| Shelby County Indiana | 100 | $ 10,370,000 | $ 103,000 | $ 77,000 |
| Delaware County Ohio | 90 | $ 39,150,000 | $ 435,000 | $ 413,000 |
| Montgomery County Indiana | 83 | $ 14,605,000 | $ 175,000 | $ 70,000 |
| Huntington County Indiana | 74 | $ 10,120,000 | $ 136,000 | $ 71,000 |
| Lucas County Ohio | 73 | $ 17,275,000 | $ 236,000 | $ 96,000 |
| Brown County Indiana | 65 | $ 6,895,000 | $ 106,000 | $ 100,000 |
| Wabash County Indiana | 60 | $ 5,990,000 | $ 99,000 | $ 59,000 |
| Will County Illinois | 59 | $ 11,175,000 | $ 189,000 | $ 127,000 |
| Boone County Indiana | 53 | $ 15,355,000 | $ 289,000 | $ 230,000 |
| DuPage County Illinois | 46 | $ 13,220,000 | $ 287,000 | $ 159,000 |
| Fayette County Indiana | 40 | $ 2,480,000 | $ 62,000 | $ 60,000 |
| Marshall County Indiana | 39 | $ 6,855,000 | $ 175,000 | $ 132,000 |
| DeKalb County Indiana | 38 | $ 8,460,000 | $ 222,000 | $ 104,000 |
| Union County Indiana | 37 | $ 3,095,000 | $ 83,000 | $ 72,000 |
| Oakland County Michigan | 37 | $ 8,565,000 | $ 231,000 | $ 206,000 |
| Kosciusko County Indiana | 33 | $ 9,845,000 | $ 298,000 | $ 301,000 |
| Miami County Indiana | 33 | $ 3,355,000 | $ 101,000 | $ 52,000 |
| Wayne County Indiana | 32 | $ 2,720,000 | $ 85,000 | $ 112,000 |
| Licking County Ohio | 31 | $ 8,075,000 | $ 260,000 | $ 169,000 |
| Blackford County Indiana | 27 | $ 1,895,000 | $ 70,000 | $ 52,000 |
| Steuben County Indiana | 27 | $ 11,065,000 | $ 409,000 | $ 318,000 |
| Butler County Ohio | 24 | $ 5,110,000 | $ 212,000 | $ 101,000 |
| Washtenaw County Michigan | 23 | $ 6,205,000 | $ 269,000 | $ 176,000 |
| Union County Ohio | 22 | $ 9,510,000 | $ 432,000 | $ 215,000 |
| Fairfield County Ohio | 21 | $ 2,885,000 | $ 137,000 | $ 98,000 |
| Benton County Indiana | 18 | $ 1,210,000 | $ 67,000 | $ 54,000 |
| Fountain County Indiana | 17 | $ 1,625,000 | $ 95,000 | $ 64,000 |
| Howard County Indiana | 17 | $ 9,375,000 | $ 551,000 | $ 68,000 |
| Collier County Florida | 16 | $ 12,370,000 | $ 773,000 | $ 836,000 |
| Newton County Indiana | 16 | $ 1,730,000 | $ 108,000 | $ 85,000 |
| Whitley County Indiana | 15 | $ 2,835,000 | $ 189,000 | $ 211,000 |
| Lenawee County Michigan | 15 | $ 2,545,000 | $ 169,000 | $ 118,000 |
| Kane County Illinois | 14 | $ 5,090,000 | $ 363,000 | $ 178,000 |
| LaGrange County Indiana | 14 | $ 3,210,000 | $ 229,000 | $ 188,000 |
| LaPorte County Indiana | 14 | $ 3,200,000 | $ 228,000 | $ 103,000 |
| St. Joseph County Indiana | 14 | $ 3,900,000 | $ 278,000 | $ 362,000 |
| Grant County Indiana | 13 | $ 2,275,000 | $ 175,000 | $ 92,000 |
| Lee County Florida | 12 | $ 5,560,000 | $ 463,000 | $ 401,000 |
| Noble County Indiana | 12 | $ 1,620,000 | $ 135,000 | $ 108,000 |
| Monroe County Indiana | 11 | $ 53,175,000 | $ 4,834,000 | $ 102,000 |
| Rush County Indiana | 11 | $ 2,065,000 | $ 187,000 | $ 64,000 |
| Cass County Indiana | 10 | $ 2,100,000 | $ 210,000 | $ 101,000 |
| Elkhart County Indiana | 10 | $ 15,480,000 | $ 1,548,000 | $ 78,000 |
| Macomb County Michigan | 10 | $ 1,400,000 | $ 140,000 | $ 72,000 |
| Manatee County Florida | 9 | $ 2,495,000 | $ 277,000 | $ 198,000 |
| Preble County Ohio | 9 | $ 675,000 | $ 75,000 | $ 82,000 |
| Tipton County Indiana | 8 | $ 1,590,000 | $ 198,000 | $ 91,000 |
| Warren County Indiana | 8 | $ 570,000 | $ 71,000 | $ 88,000 |
| Livingston County Michigan | 8 | $ 1,680,000 | $ 210,000 | $ 169,000 |
| Darke County Ohio | 8 | $ 500,000 | $ 62,000 | $ 49,000 |
| Sarasota County Florida | 7 | $ 4,075,000 | $ 582,000 | $ 580,000 |
| Lake County Illinois | 7 | $ 2,315,000 | $ 330,000 | $ 181,000 |
| Putnam County Indiana | 7 | $ 965,000 | $ 137,000 | $ 88,000 |
| Ingham County Michigan | 6 | $ 15,000,000 | $ 2,500,000 | $ 86,000 |
| Hamilton County Ohio | 6 | $ 3,320,000 | $ 553,000 | $ 298,000 |
| Charleston County South Carolina | 6 | $ 7,360,000 | $ 1,226,000 | $ 382,000 |
| Decatur County Indiana | 5 | $ 915,000 | $ 183,000 | $ 69,000 |
| Franklin County Indiana | 5 | $ 515,000 | $ 103,000 | $ 75,000 |
| Ottawa County Michigan | 5 | $ 1,535,000 | $ 307,000 | $ 82,000 |
| Cuyahoga County Ohio | 5 | $ 1,095,000 | $ 219,000 | $ 189,000 |
| Knox County Ohio | 5 | $ 925,000 | $ 185,000 | $ 200,000 |
| Montgomery County Ohio | 5 | $ 1,295,000 | $ 259,000 | $ 219,000 |
| Miami-Dade County Florida | 4 | $ 2,400,000 | $ 600,000 | $ 1,205,000 |
| Palm Beach County Florida | 4 | $ 2,900,000 | $ 725,000 | $ 1,186,000 |
| Pinellas County Florida | 4 | $ 1,650,000 | $ 412,000 | $ 589,000 |
| Fulton County Indiana | 4 | $ 500,000 | $ 125,000 | $ 60,000 |
| Pulaski County Indiana | 4 | $ 240,000 | $ 60,000 | $ 53,000 |
| Starke County Indiana | 4 | $ 390,000 | $ 97,000 | $ 83,000 |
| Vanderburgh County Indiana | 4 | $ 460,000 | $ 115,000 | $ 62,000 |
| Vigo County Indiana | 4 | $ 15,310,000 | $ 3,827,000 | $ 92,000 |
| Summit County Ohio | 4 | $ 360,000 | $ 90,000 | $ 81,000 |
| Van Wert County Ohio | 4 | $ 270,000 | $ 67,000 | $ 45,000 |
| Wood County Ohio | 4 | $ 400,000 | $ 100,000 | $ 70,000 |
| Greenville County South Carolina | 4 | $ 570,000 | $ 142,000 | $ 1,128,000 |
| Maricopa County Arizona | 3 | $ 645,000 | $ 215,000 | $ 196,000 |
| San Diego County California | 3 | $ 1,425,000 | $ 475,000 | $ 611,000 |
| Broward County Florida | 3 | $ 1,535,000 | $ 511,000 | $ 520,000 |
| Duval County Florida | 3 | $ 525,000 | $ 175,000 | $ 55,000 |
| Coweta County Georgia | 3 | $ 2,495,000 | $ 831,000 | $ 302,000 |
| Kendall County Illinois | 3 | $ 865,000 | $ 288,000 | $ 163,000 |
| Bartholomew County Indiana | 3 | $ 655,000 | $ 218,000 | $ 57,000 |
| Owen County Indiana | 3 | $ 345,000 | $ 115,000 | $ 67,000 |
| Parke County Indiana | 3 | $ 715,000 | $ 238,000 | $ 391,000 |
| Boone County Kentucky | 3 | $ 1,245,000 | $ 415,000 | $ 204,000 |
| Berrien County Michigan | 3 | $ 1,205,000 | $ 401,000 | $ 650,000 |
| Branch County Michigan | 3 | $ 995,000 | $ 331,000 | $ 308,000 |
| Cass County Michigan | 3 | $ 255,000 | $ 85,000 | $ 99,000 |
| Grand Traverse County Michigan | 3 | $ 2,945,000 | $ 981,000 | $ 182,000 |
| Mackinac County Michigan | 3 | $ 335,000 | $ 111,000 | $ 126,000 |
| Greene County Ohio | 3 | $ 445,000 | $ 148,000 | $ 114,000 |
| Hocking County Ohio | 3 | $ 995,000 | $ 331,000 | $ 154,000 |
| Lake County Ohio | 3 | $ 245,000 | $ 81,000 | $ 117,000 |
| Logan County Ohio | 3 | $ 405,000 | $ 135,000 | $ 122,000 |
| Morrow County Ohio | 3 | $ 1,325,000 | $ 441,000 | $ 63,000 |
| Beaufort County South Carolina | 3 | $ 1,565,000 | $ 521,000 | $ 239,000 |
| Baldwin County Alabama | 2 | $ 590,000 | $ 295,000 | $ 67,000 |
| Benton County Arkansas | 2 | $ 1,430,000 | $ 715,000 | $ 571,000 |
| Alameda County California | 2 | $ 1,810,000 | $ 905,000 | $ 834,000 |
| Brevard County Florida | 2 | $ 1,510,000 | $ 755,000 | $ 537,000 |
| Charlotte County Florida | 2 | $ 580,000 | $ 290,000 | $ 305,000 |
| Flagler County Florida | 2 | $ 980,000 | $ 490,000 | $ 283,000 |
| Indian River County Florida | 2 | $ 210,000 | $ 105,000 | $ 105,000 |
| Polk County Florida | 2 | $ 520,000 | $ 260,000 | $ 210,000 |
| Sumter County Florida | 2 | $ 310,000 | $ 155,000 | $ 64,000 |
| Walton County Florida | 2 | $ 420,000 | $ 210,000 | $ 1,077,000 |
| Chatham County Georgia | 2 | $ 1,020,000 | $ 510,000 | $ 0 |
| McHenry County Illinois | 2 | $ 550,000 | $ 275,000 | $ 125,000 |
| Clay County Indiana | 2 | $ 190,000 | $ 95,000 | $ 64,000 |
| Greene County Indiana | 2 | $ 310,000 | $ 155,000 | $ 113,000 |
| Orange County Indiana | 2 | $ 110,000 | $ 55,000 | $ 37,000 |
| Perry County Indiana | 2 | $ 120,000 | $ 60,000 | $ 45,000 |
| Pulaski County Kentucky | 2 | $ 200,000 | $ 100,000 | $ 280,000 |
| Allegan County Michigan | 2 | $ 650,000 | $ 325,000 | $ 115,000 |
| Antrim County Michigan | 2 | $ 1,370,000 | $ 685,000 | $ 268,000 |
| Arenac County Michigan | 2 | $ 170,000 | $ 85,000 | $ 51,000 |
| Clare County Michigan | 2 | $ 270,000 | $ 135,000 | $ 270,000 |
| Genesee County Michigan | 2 | $ 310,000 | $ 155,000 | $ 72,000 |
| Jackson County Michigan | 2 | $ 210,000 | $ 105,000 | $ 125,000 |
| Kent County Michigan | 2 | $ 200,000 | $ 100,000 | $ 95,000 |
| Muskegon County Michigan | 2 | $ 210,000 | $ 105,000 | $ 648,000 |
| St. Clair County Michigan | 2 | $ 190,000 | $ 95,000 | $ 35,000 |
| St. Joseph County Michigan | 2 | $ 420,000 | $ 210,000 | $ 99,000 |
| Jones County Mississippi | 2 | $ 270,000 | $ 135,000 | $ 75,000 |
| Gallatin County Montana | 2 | $ 9,800,000 | $ 4,900,000 | $ 207,000 |
| Mecklenburg County North Carolina | 2 | $ 1,000,000 | $ 500,000 | $ 321,000 |
| Wake County North Carolina | 2 | $ 830,000 | $ 415,000 | $ 173,000 |
| Clermont County Ohio | 2 | $ 120,000 | $ 60,000 | $ 60,000 |
| Geauga County Ohio | 2 | $ 480,000 | $ 240,000 | $ 69,000 |
| Lorain County Ohio | 2 | $ 240,000 | $ 120,000 | $ 113,000 |
| Madison County Ohio | 2 | $ 960,000 | $ 480,000 | $ 196,000 |
| Marion County Ohio | 2 | $ 250,000 | $ 125,000 | $ 47,000 |
| Medina County Ohio | 2 | $ 180,000 | $ 90,000 | $ 90,000 |
| Mercer County Ohio | 2 | $ 200,000 | $ 100,000 | $ 120,000 |
| Ottawa County Ohio | 2 | $ 390,000 | $ 195,000 | $ 106,000 |
| Perry County Ohio | 2 | $ 1,350,000 | $ 675,000 | $ 845,000 |
| Portage County Ohio | 2 | $ 2,110,000 | $ 1,055,000 | $ 363,000 |
| Marion County Oregon | 2 | $ 510,000 | $ 255,000 | $ 70,000 |
| Allegheny County Pennsylvania | 2 | $ 370,000 | $ 185,000 | $ 150,000 |
| Sevier County Tennessee | 2 | $ 850,000 | $ 425,000 | $ 117,000 |
| Pima County Arizona | 1 | $ 275,000 | $ 275,000 | $ 666,000 |
| Yavapai County Arizona | 1 | $ 2,145,000 | $ 2,145,000 | $ 0 |
| Garland County Arkansas | 1 | $ 85,000 | $ 85,000 | $ 31,000 |
| Hot Spring County Arkansas | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
| Orange County California | 1 | $ 945,000 | $ 945,000 | $ 1,452,000 |
| Riverside County California | 1 | $ 765,000 | $ 765,000 | $ 370,000 |
| Arapahoe County Colorado | 1 | $ 555,000 | $ 555,000 | $ 1,030,000 |
| Douglas County Colorado | 1 | $ 305,000 | $ 305,000 | $ 51,000 |
| Eagle County Colorado | 1 | $ 325,000 | $ 325,000 | $ 187,000 |
| El Paso County Colorado | 1 | $ 31,405,000 | $ 31,405,000 | $ 0 |
| Grand County Colorado | 1 | $ 285,000 | $ 285,000 | $ 780,000 |
| Jefferson County Colorado | 1 | $ 295,000 | $ 295,000 | $ 65,000 |
| Mesa County Colorado | 1 | $ 255,000 | $ 255,000 | $ 77,000 |
| San Miguel County Colorado | 1 | $ 275,000 | $ 275,000 | $ 180,000 |
| Middlesex County Connecticut | 1 | $ 4,025,000 | $ 4,025,000 | $ 5,041,000 |
| Citrus County Florida | 1 | $ 205,000 | $ 205,000 | $ 83,000 |
| Hillsborough County Florida | 1 | $ 105,000 | $ 105,000 | $ 74,000 |
| Leon County Florida | 1 | $ 68,005,000 | $ 68,005,000 | $ 0 |
| Okaloosa County Florida | 1 | $ 705,000 | $ 705,000 | $ 704,000 |
| Orange County Florida | 1 | $ 215,000 | $ 215,000 | $ 80,000 |
| Santa Rosa County Florida | 1 | $ 185,000 | $ 185,000 | $ 122,000 |
| St. Johns County Florida | 1 | $ 215,000 | $ 215,000 | $ 121,000 |
| Champaign County Illinois | 1 | $ 285,000 | $ 285,000 | $ 125,000 |
| DeKalb County Illinois | 1 | $ 95,000 | $ 95,000 | $ 67,000 |
| Edgar County Illinois | 1 | $ 3,005,000 | $ 3,005,000 | $ 12,000 |
| Franklin County Illinois | 1 | $ 145,000 | $ 145,000 | $ 58,000 |
| Grundy County Illinois | 1 | $ 645,000 | $ 645,000 | $ 0 |
| Kankakee County Illinois | 1 | $ 95,000 | $ 95,000 | $ 87,000 |
| Madison County Illinois | 1 | $ 145,000 | $ 145,000 | $ 757,000 |
| Peoria County Illinois | 1 | $ 55,000 | $ 55,000 | $ 23,000 |
| Dearborn County Indiana | 1 | $ 45,000 | $ 45,000 | $ 52,000 |
| Jackson County Indiana | 1 | $ 35,000 | $ 35,000 | $ 63,000 |
| Jefferson County Indiana | 1 | $ 115,000 | $ 115,000 | $ 94,000 |
| Ripley County Indiana | 1 | $ 195,000 | $ 195,000 | $ 43,000 |
| Scott County Indiana | 1 | $ 295,000 | $ 295,000 | $ 141,000 |
| Sullivan County Indiana | 1 | $ 135,000 | $ 135,000 | $ 45,000 |
| Black Hawk County Iowa | 1 | $ 115,000 | $ 115,000 | $ 89,000 |
| Polk County Iowa | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Fayette County Kentucky | 1 | $ 15,755,000 | $ 15,755,000 | $ 0 |
| Hopkins County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 73,000 |
| Trimble County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 81,000 |
| Rapides County Louisiana | 1 | $ 65,000 | $ 65,000 | $ 110,000 |
| York County Maine | 1 | $ 2,355,000 | $ 2,355,000 | $ 562,000 |
| Baraga County Michigan | 1 | $ 85,000 | $ 85,000 | $ 67,000 |
| Cheboygan County Michigan | 1 | $ 655,000 | $ 655,000 | $ 898,000 |
| Chippewa County Michigan | 1 | $ 25,000 | $ 25,000 | $ 50,000 |
| Crawford County Michigan | 1 | $ 445,000 | $ 445,000 | $ 125,000 |
| Emmet County Michigan | 1 | $ 585,000 | $ 585,000 | $ 568,000 |
| Gladwin County Michigan | 1 | $ 145,000 | $ 145,000 | $ 123,000 |
| Huron County Michigan | 1 | $ 175,000 | $ 175,000 | $ 30,000 |
| Ionia County Michigan | 1 | $ 205,000 | $ 205,000 | $ 76,000 |
| Marquette County Michigan | 1 | $ 305,000 | $ 305,000 | $ 355,000 |
| Missaukee County Michigan | 1 | $ 145,000 | $ 145,000 | $ 75,000 |
| Montmorency County Michigan | 1 | $ 75,000 | $ 75,000 | $ 76,000 |
| Oceana County Michigan | 1 | $ 135,000 | $ 135,000 | $ 190,000 |
| Oscoda County Michigan | 1 | $ 65,000 | $ 65,000 | $ 45,000 |
| Otsego County Michigan | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Roscommon County Michigan | 1 | $ 565,000 | $ 565,000 | $ 265,000 |
| Shiawassee County Michigan | 1 | $ 95,000 | $ 95,000 | $ 51,000 |
| Van Buren County Michigan | 1 | $ 1,405,000 | $ 1,405,000 | $ 477,000 |
| St. Louis County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 40,000 |
| Oktibbeha County Mississippi | 1 | $ 14,065,000 | $ 14,065,000 | $ 0 |
| St. Charles County Missouri | 1 | $ 445,000 | $ 445,000 | $ 354,000 |
| St. Louis City County Missouri | 1 | $ 135,000 | $ 135,000 | $ 356,000 |
| Missoula County Montana | 1 | $ 335,000 | $ 335,000 | $ 96,000 |
| Santa Fe County New Mexico | 1 | $ 175,000 | $ 175,000 | $ 71,000 |
| Durham County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 37,000 |
| Henderson County North Carolina | 1 | $ 545,000 | $ 545,000 | $ 160,000 |
| Iredell County North Carolina | 1 | $ 19,005,000 | $ 19,005,000 | $ 0 |
| Lincoln County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 136,000 |
| Orange County North Carolina | 1 | $ 555,000 | $ 555,000 | $ 0 |
| Union County North Carolina | 1 | $ 245,000 | $ 245,000 | $ 104,000 |
| Watauga County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 104,000 |
| Ashtabula County Ohio | 1 | $ 155,000 | $ 155,000 | $ 81,000 |
| Champaign County Ohio | 1 | $ 225,000 | $ 225,000 | $ 42,000 |
| Erie County Ohio | 1 | $ 1,325,000 | $ 1,325,000 | $ 0 |
| Hancock County Ohio | 1 | $ 55,000 | $ 55,000 | $ 100,000 |
| Paulding County Ohio | 1 | $ 155,000 | $ 155,000 | $ 50,000 |
| Richland County Ohio | 1 | $ 185,000 | $ 185,000 | $ 58,000 |
| Ross County Ohio | 1 | $ 85,000 | $ 85,000 | $ 108,000 |
| Stark County Ohio | 1 | $ 75,000 | $ 75,000 | $ 80,000 |
| Warren County Ohio | 1 | $ 205,000 | $ 205,000 | $ 56,000 |
| Williams County Ohio | 1 | $ 105,000 | $ 105,000 | $ 46,000 |
| Delaware County Pennsylvania | 1 | $ 705,000 | $ 705,000 | $ 255,000 |
| Indiana County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 68,000 |
| Cumberland County Tennessee | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Maury County Tennessee | 1 | $ 335,000 | $ 335,000 | $ 177,000 |
| Sumner County Tennessee | 1 | $ 495,000 | $ 495,000 | $ 120,000 |
| Williamson County Tennessee | 1 | $ 325,000 | $ 325,000 | $ 183,000 |
| Travis County Texas | 1 | $ 52,425,000 | $ 52,425,000 | $ 0 |
| Summit County Utah | 1 | $ 305,000 | $ 305,000 | $ 197,000 |
| Wasatch County Utah | 1 | $ 495,000 | $ 495,000 | $ 531,000 |
| Prince William County Virginia | 1 | $ 285,000 | $ 285,000 | $ 48,000 |
| Clark County Washington | 1 | $ 375,000 | $ 375,000 | $ 285,000 |
| Kitsap County Washington | 1 | $ 1,625,000 | $ 1,625,000 | $ 977,000 |
| Thurston County Washington | 1 | $ 1,195,000 | $ 1,195,000 | $ 0 |
| Putnam County West Virginia | 1 | $ 175,000 | $ 175,000 | $ 62,000 |
| Wood County West Virginia | 1 | $ 195,000 | $ 195,000 | $ 127,000 |
| Dane County Wisconsin | 1 | $ 1,045,000 | $ 1,045,000 | $ 555,000 |
| Iron County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 440,000 |
| Kenosha County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Milwaukee County Wisconsin | 1 | $ 21,215,000 | $ 21,215,000 | $ 0 |
| Walworth County Wisconsin | 1 | $ 515,000 | $ 515,000 | $ 376,000 |
| Waukesha County Wisconsin | 1 | $ 725,000 | $ 725,000 | $ 908,000 |
Mortgage Loan Application Detail Totals for First Merchants Bank in 2021
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 | 3,475 | $573,665,000 | $165,000 | $14,505,000 | $113,000 | $3,937,000 |
| Home Purchase | 2,511 | $927,315,000 | $369,000 | $68,005,000 | $108,000 | $5,693,000 |
| Other Purpose | 2,350 | $223,930,000 | $95,000 | $3,005,000 | $115,000 | $2,709,000 |
| Cash-out Refinancing | 1,102 | $316,980,000 | $287,000 | $17,195,000 | $143,000 | $5,693,000 |
| Home Improvement | 729 | $59,435,000 | $81,000 | $1,165,000 | $99,000 | $2,178,000 |
| 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 | 7,091 | $1,117,435,000 | $157,000 | $4,025,000 | $120,000 | $5,693,000 |
| Not Provided | 1,344 | $177,270,000 | $131,000 | $5,255,000 | $124,000 | $5,693,000 |
| Black or African American | 662 | $92,280,000 | $139,000 | $955,000 | $67,000 | $1,275,000 |
| Not applicable | 469 | $626,965,000 | $1,336,000 | $68,005,000 | $0 | $0 |
| Asian | 320 | $49,920,000 | $156,000 | $1,405,000 | $61,000 | $754,000 |
| Hispanic | 197 | $25,245,000 | $128,000 | $685,000 | $104,000 | $3,780,000 |
| American Indian or Alaskan Native | 35 | $4,115,000 | $117,000 | $485,000 | $69,000 | $176,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $230,000 | $115,000 | $175,000 | $134,000 | $164,000 |
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) | 9,883 | $2,052,975,000 | $207,000 | $68,005,000 | $116,000 | $5,693,000 |
| FHA-insured (Federal Housing Administration) | 209 | $35,475,000 | $169,000 | $465,000 | $57,000 | $209,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $5,545,000 | $128,000 | $235,000 | $46,000 | $88,000 |
| VA-guaranteed (Veterans Administration) | 32 | $7,330,000 | $229,000 | $495,000 | $82,000 | $502,000 |
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 | 7,054 | $1,565,580,000 | $221,000 | $68,005,000 | $116,000 | $5,041,000 |
| Application Denied By Financial Institution | 1,416 | $160,690,000 | $113,000 | $1,605,000 | $82,000 | $3,780,000 |
| Application Withdrawn By Applicant | 1,150 | $296,330,000 | $257,000 | $20,505,000 | $141,000 | $5,693,000 |
| File Closed For Incompleteness | 447 | $58,325,000 | $130,000 | $2,005,000 | $125,000 | $1,921,000 |
| Application Approved But Not Accepted | 100 | $20,400,000 | $204,000 | $2,755,000 | $97,000 | $503,000 |
| 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 | 8,751 | $1,940,635,000 | $221,000 | $68,005,000 | $120,000 | $5,693,000 |
| Debt-To-Income Ratio | 534 | $55,740,000 | $104,000 | $1,605,000 | $57,000 | $401,000 |
| Credit History | 499 | $45,965,000 | $92,000 | $745,000 | $76,000 | $1,176,000 |
| Collateral | 186 | $16,770,000 | $90,000 | $1,025,000 | $102,000 | $652,000 |
| Unverifiable Information | 110 | $23,040,000 | $209,000 | $1,395,000 | $192,000 | $3,780,000 |
| Other | 55 | $13,645,000 | $248,000 | $1,265,000 | $87,000 | $270,000 |
| Employment History | 22 | $3,510,000 | $159,000 | $545,000 | $61,000 | $133,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $2,005,000 | $222,000 | $405,000 | $46,000 | $97,000 |
| Credit Application Incomplete | 1 | $15,000 | $15,000 | $15,000 | $122,000 | $122,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Merchants Bank's 2021 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.