First Merchants Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
First Merchants Bank 2022 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 | 8,750 |
| Total Mortgage Loan Application Amount | $1,982,140,000 |
| Average Mortgage Loan Application Amount | $222,600 |
| Highest Mortgage Loan Application Amount | $23,245,000 |
| Average Applicant Income | $132,000 |
| Highest Applicant Income | $5,667,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 631 | $ 178,175,000 | $ 282,000 | $ 111,000 |
| Allen County Indiana | 553 | $ 108,095,000 | $ 195,000 | $ 99,000 |
| Wayne County Michigan | 508 | $ 102,410,000 | $ 201,000 | $ 118,000 |
| Delaware County Indiana | 489 | $ 68,965,000 | $ 141,000 | $ 86,000 |
| Oakland County Michigan | 453 | $ 222,745,000 | $ 491,000 | $ 234,000 |
| Franklin County Ohio | 448 | $ 122,010,000 | $ 272,000 | $ 183,000 |
| Madison County Indiana | 433 | $ 46,895,000 | $ 108,000 | $ 76,000 |
| Tippecanoe County Indiana | 430 | $ 54,020,000 | $ 125,000 | $ 80,000 |
| Monroe County Michigan | 362 | $ 42,110,000 | $ 116,000 | $ 103,000 |
| Lake County Indiana | 326 | $ 42,170,000 | $ 129,000 | $ 106,000 |
| Hamilton County Indiana | 321 | $ 71,905,000 | $ 224,000 | $ 171,000 |
| Henry County Indiana | 243 | $ 24,455,000 | $ 100,000 | $ 81,000 |
| Cook County Illinois | 230 | $ 57,800,000 | $ 251,000 | $ 111,000 |
| Johnson County Indiana | 198 | $ 25,890,000 | $ 130,000 | $ 101,000 |
| Washtenaw County Michigan | 182 | $ 82,280,000 | $ 452,000 | $ 190,000 |
| White County Indiana | 161 | $ 15,975,000 | $ 99,000 | $ 78,000 |
| Jay County Indiana | 127 | $ 9,315,000 | $ 73,000 | $ 102,000 |
| Hendricks County Indiana | 126 | $ 42,490,000 | $ 337,000 | $ 95,000 |
| Jasper County Indiana | 119 | $ 10,975,000 | $ 92,000 | $ 82,000 |
| Randolph County Indiana | 108 | $ 8,350,000 | $ 77,000 | $ 71,000 |
| Wells County Indiana | 104 | $ 11,110,000 | $ 106,000 | $ 94,000 |
| Hancock County Indiana | 102 | $ 11,920,000 | $ 116,000 | $ 105,000 |
| Morgan County Indiana | 97 | $ 15,195,000 | $ 156,000 | $ 96,000 |
| Adams County Indiana | 86 | $ 8,940,000 | $ 103,000 | $ 93,000 |
| Porter County Indiana | 79 | $ 14,325,000 | $ 181,000 | $ 136,000 |
| Clinton County Indiana | 75 | $ 7,155,000 | $ 95,000 | $ 83,000 |
| Delaware County Ohio | 75 | $ 29,555,000 | $ 394,000 | $ 346,000 |
| Carroll County Indiana | 74 | $ 8,740,000 | $ 118,000 | $ 167,000 |
| Huntington County Indiana | 71 | $ 7,055,000 | $ 99,000 | $ 76,000 |
| Livingston County Michigan | 68 | $ 18,680,000 | $ 274,000 | $ 132,000 |
| Macomb County Michigan | 68 | $ 14,340,000 | $ 210,000 | $ 93,000 |
| Montgomery County Indiana | 66 | $ 6,150,000 | $ 93,000 | $ 72,000 |
| Shelby County Indiana | 56 | $ 5,940,000 | $ 106,000 | $ 76,000 |
| Wabash County Indiana | 47 | $ 4,175,000 | $ 88,000 | $ 68,000 |
| Miami County Indiana | 36 | $ 2,240,000 | $ 62,000 | $ 70,000 |
| Brown County Indiana | 35 | $ 4,425,000 | $ 126,000 | $ 86,000 |
| Genesee County Michigan | 34 | $ 13,670,000 | $ 402,000 | $ 133,000 |
| DuPage County Illinois | 32 | $ 9,990,000 | $ 312,000 | $ 229,000 |
| Lucas County Ohio | 31 | $ 4,035,000 | $ 130,000 | $ 89,000 |
| Boone County Indiana | 30 | $ 14,590,000 | $ 486,000 | $ 247,000 |
| Marshall County Indiana | 30 | $ 5,860,000 | $ 195,000 | $ 198,000 |
| Wayne County Indiana | 30 | $ 2,200,000 | $ 73,000 | $ 69,000 |
| Fayette County Indiana | 29 | $ 2,045,000 | $ 70,000 | $ 79,000 |
| Will County Illinois | 28 | $ 9,650,000 | $ 344,000 | $ 132,000 |
| DeKalb County Indiana | 26 | $ 5,780,000 | $ 222,000 | $ 89,000 |
| Jackson County Michigan | 24 | $ 4,330,000 | $ 180,000 | $ 85,000 |
| Kent County Michigan | 24 | $ 6,650,000 | $ 277,000 | $ 187,000 |
| Benton County Indiana | 21 | $ 1,685,000 | $ 80,000 | $ 84,000 |
| Steuben County Indiana | 21 | $ 4,895,000 | $ 233,000 | $ 231,000 |
| Union County Indiana | 20 | $ 1,770,000 | $ 88,000 | $ 63,000 |
| Lenawee County Michigan | 20 | $ 4,100,000 | $ 205,000 | $ 235,000 |
| Blackford County Indiana | 19 | $ 1,615,000 | $ 85,000 | $ 67,000 |
| Butler County Ohio | 19 | $ 2,755,000 | $ 145,000 | $ 95,000 |
| Kosciusko County Indiana | 17 | $ 7,465,000 | $ 439,000 | $ 255,000 |
| Licking County Ohio | 17 | $ 4,355,000 | $ 256,000 | $ 246,000 |
| Lee County Florida | 16 | $ 4,480,000 | $ 280,000 | $ 890,000 |
| Newton County Indiana | 16 | $ 980,000 | $ 61,000 | $ 56,000 |
| Fairfield County Ohio | 16 | $ 4,770,000 | $ 298,000 | $ 158,000 |
| Fountain County Indiana | 15 | $ 1,985,000 | $ 132,000 | $ 126,000 |
| Howard County Indiana | 15 | $ 7,995,000 | $ 533,000 | $ 75,000 |
| LaPorte County Indiana | 15 | $ 3,575,000 | $ 238,000 | $ 93,000 |
| Collier County Florida | 14 | $ 19,550,000 | $ 1,396,000 | $ 884,000 |
| Whitley County Indiana | 13 | $ 3,805,000 | $ 292,000 | $ 263,000 |
| Ingham County Michigan | 13 | $ 18,245,000 | $ 1,403,000 | $ 93,000 |
| Ottawa County Michigan | 12 | $ 7,500,000 | $ 625,000 | $ 162,000 |
| Grant County Indiana | 10 | $ 630,000 | $ 63,000 | $ 59,000 |
| Rush County Indiana | 10 | $ 810,000 | $ 81,000 | $ 58,000 |
| Union County Ohio | 9 | $ 2,645,000 | $ 293,000 | $ 176,000 |
| Starke County Indiana | 8 | $ 1,270,000 | $ 158,000 | $ 81,000 |
| Muskegon County Michigan | 8 | $ 2,130,000 | $ 266,000 | $ 235,000 |
| Cuyahoga County Ohio | 8 | $ 1,570,000 | $ 196,000 | $ 195,000 |
| Hamilton County Ohio | 8 | $ 4,910,000 | $ 613,000 | $ 546,000 |
| Maricopa County Arizona | 7 | $ 8,965,000 | $ 1,280,000 | $ 1,167,000 |
| St. Joseph County Indiana | 7 | $ 1,015,000 | $ 145,000 | $ 105,000 |
| Emmet County Michigan | 7 | $ 4,355,000 | $ 622,000 | $ 437,000 |
| Lapeer County Michigan | 7 | $ 3,315,000 | $ 473,000 | $ 139,000 |
| Manatee County Florida | 6 | $ 2,560,000 | $ 426,000 | $ 213,000 |
| Cass County Indiana | 6 | $ 5,150,000 | $ 858,000 | $ 73,000 |
| Decatur County Indiana | 6 | $ 1,240,000 | $ 206,000 | $ 88,000 |
| Pulaski County Indiana | 6 | $ 670,000 | $ 111,000 | $ 49,000 |
| Putnam County Indiana | 6 | $ 840,000 | $ 140,000 | $ 79,000 |
| Darke County Ohio | 6 | $ 1,780,000 | $ 296,000 | $ 61,000 |
| Knox County Ohio | 6 | $ 3,490,000 | $ 581,000 | $ 886,000 |
| Madison County Ohio | 6 | $ 1,280,000 | $ 213,000 | $ 231,000 |
| Montgomery County Ohio | 6 | $ 2,720,000 | $ 453,000 | $ 58,000 |
| Broward County Florida | 5 | $ 3,385,000 | $ 677,000 | $ 456,000 |
| Sarasota County Florida | 5 | $ 2,305,000 | $ 461,000 | $ 707,000 |
| Elkhart County Indiana | 5 | $ 2,375,000 | $ 475,000 | $ 122,000 |
| Monroe County Indiana | 5 | $ 2,115,000 | $ 423,000 | $ 329,000 |
| Noble County Indiana | 5 | $ 1,205,000 | $ 241,000 | $ 367,000 |
| Tipton County Indiana | 5 | $ 515,000 | $ 103,000 | $ 45,000 |
| Warren County Indiana | 5 | $ 395,000 | $ 79,000 | $ 44,000 |
| Calhoun County Michigan | 5 | $ 1,035,000 | $ 207,000 | $ 113,000 |
| Warren County Ohio | 5 | $ 3,475,000 | $ 695,000 | $ 655,000 |
| Los Angeles County California | 4 | $ 1,810,000 | $ 452,000 | $ 163,000 |
| Miami-Dade County Florida | 4 | $ 2,250,000 | $ 562,000 | $ 677,000 |
| Okaloosa County Florida | 4 | $ 4,050,000 | $ 1,012,000 | $ 574,000 |
| Pinellas County Florida | 4 | $ 1,770,000 | $ 442,000 | $ 340,000 |
| Seminole County Florida | 4 | $ 1,390,000 | $ 347,000 | $ 142,000 |
| Lake County Illinois | 4 | $ 2,050,000 | $ 512,000 | $ 1,551,000 |
| LaGrange County Indiana | 4 | $ 980,000 | $ 245,000 | $ 248,000 |
| Antrim County Michigan | 4 | $ 2,540,000 | $ 635,000 | $ 299,000 |
| Hillsdale County Michigan | 4 | $ 920,000 | $ 230,000 | $ 86,000 |
| Oceana County Michigan | 4 | $ 2,150,000 | $ 537,000 | $ 265,000 |
| Saginaw County Michigan | 4 | $ 1,450,000 | $ 362,000 | $ 243,000 |
| Mercer County Ohio | 4 | $ 510,000 | $ 127,000 | $ 81,000 |
| Summit County Ohio | 4 | $ 990,000 | $ 247,000 | $ 275,000 |
| Riverside County California | 3 | $ 1,145,000 | $ 381,000 | $ 380,000 |
| San Diego County California | 3 | $ 1,315,000 | $ 438,000 | $ 625,000 |
| Pitkin County Colorado | 3 | $ 5,835,000 | $ 1,945,000 | $ 746,000 |
| Palm Beach County Florida | 3 | $ 1,405,000 | $ 468,000 | $ 271,000 |
| Fulton County Indiana | 3 | $ 465,000 | $ 155,000 | $ 63,000 |
| Jefferson County Indiana | 3 | $ 2,815,000 | $ 938,000 | $ 129,000 |
| Parke County Indiana | 3 | $ 935,000 | $ 311,000 | $ 106,000 |
| Alcona County Michigan | 3 | $ 665,000 | $ 221,000 | $ 247,000 |
| Barry County Michigan | 3 | $ 995,000 | $ 331,000 | $ 241,000 |
| Berrien County Michigan | 3 | $ 525,000 | $ 175,000 | $ 349,000 |
| Crawford County Michigan | 3 | $ 445,000 | $ 148,000 | $ 625,000 |
| Eaton County Michigan | 3 | $ 275,000 | $ 91,000 | $ 80,000 |
| Gladwin County Michigan | 3 | $ 265,000 | $ 88,000 | $ 92,000 |
| Grand Traverse County Michigan | 3 | $ 2,335,000 | $ 778,000 | $ 396,000 |
| Kalamazoo County Michigan | 3 | $ 935,000 | $ 311,000 | $ 112,000 |
| Leelanau County Michigan | 3 | $ 2,165,000 | $ 721,000 | $ 414,000 |
| Shiawassee County Michigan | 3 | $ 595,000 | $ 198,000 | $ 75,000 |
| Van Buren County Michigan | 3 | $ 1,765,000 | $ 588,000 | $ 620,000 |
| Monmouth County New Jersey | 3 | $ 2,565,000 | $ 855,000 | $ 525,000 |
| Hocking County Ohio | 3 | $ 745,000 | $ 248,000 | $ 78,000 |
| Perry County Ohio | 3 | $ 1,135,000 | $ 378,000 | $ 88,000 |
| Charleston County South Carolina | 3 | $ 2,545,000 | $ 848,000 | $ 474,000 |
| Davidson County Tennessee | 3 | $ 4,905,000 | $ 1,635,000 | $ 780,000 |
| Summit County Utah | 3 | $ 3,795,000 | $ 1,265,000 | $ 1,218,000 |
| Eagle County Colorado | 2 | $ 1,250,000 | $ 625,000 | $ 415,000 |
| Summit County Colorado | 2 | $ 3,470,000 | $ 1,735,000 | $ 1,648,000 |
| Charlotte County Florida | 2 | $ 760,000 | $ 380,000 | $ 516,000 |
| Hillsborough County Florida | 2 | $ 980,000 | $ 490,000 | $ 467,000 |
| Lake County Florida | 2 | $ 250,000 | $ 125,000 | $ 82,000 |
| Osceola County Florida | 2 | $ 1,540,000 | $ 770,000 | $ 1,510,000 |
| Polk County Florida | 2 | $ 740,000 | $ 370,000 | $ 104,000 |
| St. Johns County Florida | 2 | $ 720,000 | $ 360,000 | $ 146,000 |
| Sumter County Florida | 2 | $ 640,000 | $ 320,000 | $ 246,000 |
| Walton County Florida | 2 | $ 720,000 | $ 360,000 | $ 490,000 |
| Clay County Illinois | 2 | $ 370,000 | $ 185,000 | $ 108,000 |
| McHenry County Illinois | 2 | $ 180,000 | $ 90,000 | $ 111,000 |
| Bartholomew County Indiana | 2 | $ 440,000 | $ 220,000 | $ 105,000 |
| Franklin County Indiana | 2 | $ 290,000 | $ 145,000 | $ 209,000 |
| Jackson County Indiana | 2 | $ 2,140,000 | $ 1,070,000 | $ 41,000 |
| Sullivan County Indiana | 2 | $ 150,000 | $ 75,000 | $ 79,000 |
| Prince George's County Maryland | 2 | $ 890,000 | $ 445,000 | $ 152,000 |
| Allegan County Michigan | 2 | $ 290,000 | $ 145,000 | $ 75,000 |
| Cheboygan County Michigan | 2 | $ 180,000 | $ 90,000 | $ 66,000 |
| Kalkaska County Michigan | 2 | $ 440,000 | $ 220,000 | $ 169,000 |
| Mackinac County Michigan | 2 | $ 480,000 | $ 240,000 | $ 480,000 |
| Mecosta County Michigan | 2 | $ 270,000 | $ 135,000 | $ 128,000 |
| Midland County Michigan | 2 | $ 290,000 | $ 145,000 | $ 191,000 |
| Missaukee County Michigan | 2 | $ 420,000 | $ 210,000 | $ 143,000 |
| Montmorency County Michigan | 2 | $ 690,000 | $ 345,000 | $ 193,000 |
| Ogemaw County Michigan | 2 | $ 190,000 | $ 95,000 | $ 62,000 |
| Roscommon County Michigan | 2 | $ 590,000 | $ 295,000 | $ 179,000 |
| Sanilac County Michigan | 2 | $ 200,000 | $ 100,000 | $ 247,000 |
| St. Clair County Michigan | 2 | $ 250,000 | $ 125,000 | $ 707,000 |
| Gallatin County Montana | 2 | $ 1,760,000 | $ 880,000 | $ 98,000 |
| Suffolk County New York | 2 | $ 1,910,000 | $ 955,000 | $ 514,000 |
| Durham County North Carolina | 2 | $ 140,000 | $ 70,000 | $ 273,000 |
| Logan County Ohio | 2 | $ 680,000 | $ 340,000 | $ 255,000 |
| Pickaway County Ohio | 2 | $ 390,000 | $ 195,000 | $ 61,000 |
| Portage County Ohio | 2 | $ 3,130,000 | $ 1,565,000 | $ 250,000 |
| Preble County Ohio | 2 | $ 270,000 | $ 135,000 | $ 58,000 |
| Van Wert County Ohio | 2 | $ 100,000 | $ 50,000 | $ 37,000 |
| Wood County Ohio | 2 | $ 720,000 | $ 360,000 | $ 143,000 |
| Oklahoma County Oklahoma | 2 | $ 230,000 | $ 115,000 | $ 69,000 |
| Beaufort County South Carolina | 2 | $ 1,120,000 | $ 560,000 | $ 233,000 |
| Harris County Texas | 2 | $ 370,000 | $ 185,000 | $ 130,000 |
| Baldwin County Alabama | 1 | $ 685,000 | $ 685,000 | $ 682,000 |
| Lee County Alabama | 1 | $ 375,000 | $ 375,000 | $ 337,000 |
| Monroe County Alabama | 1 | $ 25,000 | $ 25,000 | $ 20,000 |
| Morgan County Alabama | 1 | $ 8,705,000 | $ 8,705,000 | $ 0 |
| Shelby County Alabama | 1 | $ 395,000 | $ 395,000 | $ 448,000 |
| Pima County Arizona | 1 | $ 265,000 | $ 265,000 | $ 185,000 |
| Benton County Arkansas | 1 | $ 515,000 | $ 515,000 | $ 125,000 |
| Perry County Arkansas | 1 | $ 75,000 | $ 75,000 | $ 69,000 |
| White County Arkansas | 1 | $ 115,000 | $ 115,000 | $ 89,000 |
| Santa Barbara County California | 1 | $ 805,000 | $ 805,000 | $ 71,000 |
| Ventura County California | 1 | $ 1,365,000 | $ 1,365,000 | $ 1,074,000 |
| El Paso County Colorado | 1 | $ 365,000 | $ 365,000 | $ 305,000 |
| Jefferson County Colorado | 1 | $ 555,000 | $ 555,000 | $ 190,000 |
| Larimer County Colorado | 1 | $ 215,000 | $ 215,000 | $ 333,000 |
| Routt County Colorado | 1 | $ 1,695,000 | $ 1,695,000 | $ 274,000 |
| San Miguel County Colorado | 1 | $ 5,005,000 | $ 5,005,000 | $ 4,456,000 |
| District of Columbia County District Of Columbia | 1 | $ 1,445,000 | $ 1,445,000 | $ 401,000 |
| Brevard County Florida | 1 | $ 445,000 | $ 445,000 | $ 206,000 |
| Duval County Florida | 1 | $ 475,000 | $ 475,000 | $ 193,000 |
| Glades County Florida | 1 | $ 295,000 | $ 295,000 | $ 576,000 |
| Indian River County Florida | 1 | $ 425,000 | $ 425,000 | $ 273,000 |
| Martin County Florida | 1 | $ 385,000 | $ 385,000 | $ 1,320,000 |
| Orange County Florida | 1 | $ 485,000 | $ 485,000 | $ 108,000 |
| Pasco County Florida | 1 | $ 105,000 | $ 105,000 | $ 38,000 |
| Chatham County Georgia | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Cobb County Georgia | 1 | $ 285,000 | $ 285,000 | $ 380,000 |
| DeKalb County Georgia | 1 | $ 415,000 | $ 415,000 | $ 170,000 |
| Union County Georgia | 1 | $ 425,000 | $ 425,000 | $ 382,000 |
| Kauai County Hawaii | 1 | $ 955,000 | $ 955,000 | $ 471,000 |
| Effingham County Illinois | 1 | $ 225,000 | $ 225,000 | $ 189,000 |
| Kane County Illinois | 1 | $ 475,000 | $ 475,000 | $ 609,000 |
| Kankakee County Illinois | 1 | $ 5,000 | $ 5,000 | $ 31,000 |
| Kendall County Illinois | 1 | $ 245,000 | $ 245,000 | $ 54,000 |
| Macon County Illinois | 1 | $ 95,000 | $ 95,000 | $ 97,000 |
| Madison County Illinois | 1 | $ 525,000 | $ 525,000 | $ 215,000 |
| Peoria County Illinois | 1 | $ 235,000 | $ 235,000 | $ 264,000 |
| Shelby County Illinois | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
| Clay County Indiana | 1 | $ 5,000 | $ 5,000 | $ 53,000 |
| Harrison County Indiana | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
| Jennings County Indiana | 1 | $ 2,275,000 | $ 2,275,000 | $ 0 |
| Ripley County Indiana | 1 | $ 235,000 | $ 235,000 | $ 61,000 |
| Vanderburgh County Indiana | 1 | $ 205,000 | $ 205,000 | $ 66,000 |
| Vigo County Indiana | 1 | $ 85,000 | $ 85,000 | $ 156,000 |
| Washington County Indiana | 1 | $ 165,000 | $ 165,000 | $ 126,000 |
| Brown County Kansas | 1 | $ 135,000 | $ 135,000 | $ 152,000 |
| Butler County Kansas | 1 | $ 145,000 | $ 145,000 | $ 82,000 |
| Breckinridge County Kentucky | 1 | $ 65,000 | $ 65,000 | $ 75,000 |
| Fayette County Kentucky | 1 | $ 685,000 | $ 685,000 | $ 120,000 |
| Kenton County Kentucky | 1 | $ 4,455,000 | $ 4,455,000 | $ 0 |
| Madison County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 125,000 |
| Ohio County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 75,000 |
| Russell County Kentucky | 1 | $ 65,000 | $ 65,000 | $ 173,000 |
| Berkshire County Massachusetts | 1 | $ 1,495,000 | $ 1,495,000 | $ 521,000 |
| Arenac County Michigan | 1 | $ 105,000 | $ 105,000 | $ 175,000 |
| Bay County Michigan | 1 | $ 125,000 | $ 125,000 | $ 41,000 |
| Branch County Michigan | 1 | $ 545,000 | $ 545,000 | $ 365,000 |
| Charlevoix County Michigan | 1 | $ 515,000 | $ 515,000 | $ 360,000 |
| Clare County Michigan | 1 | $ 55,000 | $ 55,000 | $ 65,000 |
| Gratiot County Michigan | 1 | $ 235,000 | $ 235,000 | $ 87,000 |
| Huron County Michigan | 1 | $ 125,000 | $ 125,000 | $ 295,000 |
| Isabella County Michigan | 1 | $ 735,000 | $ 735,000 | $ 0 |
| Manistee County Michigan | 1 | $ 195,000 | $ 195,000 | $ 95,000 |
| Oscoda County Michigan | 1 | $ 455,000 | $ 455,000 | $ 240,000 |
| St. Joseph County Michigan | 1 | $ 395,000 | $ 395,000 | $ 222,000 |
| Wexford County Michigan | 1 | $ 155,000 | $ 155,000 | $ 88,000 |
| Hennepin County Minnesota | 1 | $ 875,000 | $ 875,000 | $ 425,000 |
| Miller County Missouri | 1 | $ 305,000 | $ 305,000 | $ 121,000 |
| St. Charles County Missouri | 1 | $ 865,000 | $ 865,000 | $ 239,000 |
| Madison County Montana | 1 | $ 2,245,000 | $ 2,245,000 | $ 2,627,000 |
| Clark County Nevada | 1 | $ 605,000 | $ 605,000 | $ 199,000 |
| Washoe County Nevada | 1 | $ 405,000 | $ 405,000 | $ 76,000 |
| Ocean County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 286,000 |
| Alamance County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 637,000 |
| Buncombe County North Carolina | 1 | $ 13,345,000 | $ 13,345,000 | $ 0 |
| Guilford County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 250,000 |
| Henderson County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 160,000 |
| Mecklenburg County North Carolina | 1 | $ 475,000 | $ 475,000 | $ 93,000 |
| New Hanover County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Adams County Ohio | 1 | $ 85,000 | $ 85,000 | $ 68,000 |
| Clark County Ohio | 1 | $ 5,405,000 | $ 5,405,000 | $ 0 |
| Clermont County Ohio | 1 | $ 235,000 | $ 235,000 | $ 74,000 |
| Columbiana County Ohio | 1 | $ 225,000 | $ 225,000 | $ 200,000 |
| Defiance County Ohio | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Erie County Ohio | 1 | $ 165,000 | $ 165,000 | $ 98,000 |
| Fayette County Ohio | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Fulton County Ohio | 1 | $ 235,000 | $ 235,000 | $ 80,000 |
| Greene County Ohio | 1 | $ 255,000 | $ 255,000 | $ 101,000 |
| Hancock County Ohio | 1 | $ 275,000 | $ 275,000 | $ 104,000 |
| Lorain County Ohio | 1 | $ 35,000 | $ 35,000 | $ 145,000 |
| Miami County Ohio | 1 | $ 1,435,000 | $ 1,435,000 | $ 500,000 |
| Pike County Ohio | 1 | $ 205,000 | $ 205,000 | $ 33,000 |
| Richland County Ohio | 1 | $ 95,000 | $ 95,000 | $ 44,000 |
| Sandusky County Ohio | 1 | $ 105,000 | $ 105,000 | $ 117,000 |
| Wayne County Ohio | 1 | $ 775,000 | $ 775,000 | $ 325,000 |
| Comanche County Oklahoma | 1 | $ 1,015,000 | $ 1,015,000 | $ 0 |
| Clackamas County Oregon | 1 | $ 405,000 | $ 405,000 | $ 255,000 |
| Multnomah County Oregon | 1 | $ 365,000 | $ 365,000 | $ 328,000 |
| Union County Oregon | 1 | $ 15,000 | $ 15,000 | $ 152,000 |
| Montgomery County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 150,000 |
| Philadelphia County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 56,000 |
| Aiken County South Carolina | 1 | $ 315,000 | $ 315,000 | $ 62,000 |
| Berkeley County South Carolina | 1 | $ 11,795,000 | $ 11,795,000 | $ 0 |
| Dorchester County South Carolina | 1 | $ 19,975,000 | $ 19,975,000 | $ 0 |
| Florence County South Carolina | 1 | $ 155,000 | $ 155,000 | $ 70,000 |
| Pickens County South Carolina | 1 | $ 235,000 | $ 235,000 | $ 68,000 |
| Spartanburg County South Carolina | 1 | $ 515,000 | $ 515,000 | $ 69,000 |
| Campbell County Tennessee | 1 | $ 1,045,000 | $ 1,045,000 | $ 625,000 |
| Jefferson County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 165,000 |
| Montgomery County Tennessee | 1 | $ 235,000 | $ 235,000 | $ 45,000 |
| Sevier County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 210,000 |
| El Paso County Texas | 1 | $ 115,000 | $ 115,000 | $ 104,000 |
| Erath County Texas | 1 | $ 7,355,000 | $ 7,355,000 | $ 0 |
| Galveston County Texas | 1 | $ 405,000 | $ 405,000 | $ 243,000 |
| Tarrant County Texas | 1 | $ 305,000 | $ 305,000 | $ 122,000 |
| Chesapeake County Virginia | 1 | $ 465,000 | $ 465,000 | $ 280,000 |
| Chesterfield County Virginia | 1 | $ 285,000 | $ 285,000 | $ 74,000 |
| Fairfax County Virginia | 1 | $ 1,095,000 | $ 1,095,000 | $ 266,000 |
| Henrico County Virginia | 1 | $ 245,000 | $ 245,000 | $ 74,000 |
| James City County Virginia | 1 | $ 425,000 | $ 425,000 | $ 152,000 |
| Poquoson County Virginia | 1 | $ 525,000 | $ 525,000 | $ 100,000 |
| Wise County Virginia | 1 | $ 15,000 | $ 15,000 | $ 49,000 |
| Putnam County West Virginia | 1 | $ 1,175,000 | $ 1,175,000 | $ 0 |
| Iron County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 90,000 |
| Kenosha County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 88,000 |
| Marathon County Wisconsin | 1 | $ 315,000 | $ 315,000 | $ 326,000 |
| Oneida County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 185,000 |
| Racine County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 102,000 |
| Teton County Wyoming | 1 | $ 1,355,000 | $ 1,355,000 | $ 195,000 |
Mortgage Loan Application Detail Totals for First Merchants Bank in 2022
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 3,033 | $959,815,000 | $316,000 | $23,205,000 | $136,000 | $5,667,000 |
| Refinancing | 2,176 | $495,470,000 | $227,000 | $23,245,000 | $133,000 | $3,523,000 |
| Other Purpose | 2,030 | $224,060,000 | $110,000 | $2,005,000 | $132,000 | $3,340,000 |
| Home Improvement | 949 | $106,125,000 | $111,000 | $4,555,000 | $109,000 | $1,220,000 |
| Cash-out Refinancing | 562 | $196,670,000 | $349,000 | $22,755,000 | $150,000 | $5,250,000 |
| 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 | 5,919 | $1,133,425,000 | $191,000 | $6,755,000 | $134,000 | $5,250,000 |
| Not Provided | 1,190 | $186,040,000 | $156,000 | $2,635,000 | $164,000 | $5,667,000 |
| Black or African American | 608 | $101,630,000 | $167,000 | $1,685,000 | $78,000 | $1,939,000 |
| Not applicable | 400 | $411,750,000 | $1,029,000 | $23,245,000 | $0 | $0 |
| Asian | 281 | $65,325,000 | $232,000 | $2,805,000 | $106,000 | $953,000 |
| Hispanic | 234 | $52,930,000 | $226,000 | $2,885,000 | $105,000 | $1,785,000 |
| American Indian or Alaskan Native | 45 | $6,485,000 | $144,000 | $635,000 | $114,000 | $806,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $530,000 | $265,000 | $435,000 | $143,000 | $253,000 |
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) | 8,575 | $1,949,615,000 | $227,000 | $23,245,000 | $134,000 | $5,667,000 |
| FHA-insured (Federal Housing Administration) | 139 | $26,035,000 | $187,000 | $425,000 | $69,000 | $554,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 19 | $2,755,000 | $145,000 | $275,000 | $57,000 | $88,000 |
| VA-guaranteed (Veterans Administration) | 17 | $3,735,000 | $219,000 | $475,000 | $77,000 | $206,000 |
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 | 5,945 | $1,502,025,000 | $252,000 | $23,245,000 | $143,000 | $4,456,000 |
| Application Denied By Financial Institution | 1,298 | $156,460,000 | $120,000 | $2,875,000 | $81,000 | $1,901,000 |
| Application Withdrawn By Applicant | 880 | $196,630,000 | $223,000 | $3,185,000 | $144,000 | $5,667,000 |
| File Closed For Incompleteness | 411 | $65,405,000 | $159,000 | $3,725,000 | $132,000 | $2,779,000 |
| Loan Purchased By The Institution | 99 | $12,675,000 | $128,000 | $405,000 | $50,000 | $188,000 |
| Application Approved But Not Accepted | 93 | $44,845,000 | $482,000 | $19,555,000 | $165,000 | $1,390,000 |
| Preapproval Denied by Financial Institution | 23 | $3,925,000 | $170,000 | $315,000 | $43,000 | $104,000 |
| Preapproval Approved but not Accepted | 1 | $175,000 | $175,000 | $175,000 | $38,000 | $38,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 7,429 | $1,821,755,000 | $245,000 | $23,245,000 | $142,000 | $5,667,000 |
| Debt-To-Income Ratio | 585 | $67,815,000 | $115,000 | $2,255,000 | $64,000 | $365,000 |
| Credit History | 464 | $39,530,000 | $85,000 | $605,000 | $71,000 | $450,000 |
| Collateral | 159 | $25,045,000 | $157,000 | $2,875,000 | $149,000 | $1,901,000 |
| Other | 60 | $14,700,000 | $245,000 | $1,105,000 | $120,000 | $1,011,000 |
| Unverifiable Information | 28 | $7,750,000 | $276,000 | $2,005,000 | $117,000 | $492,000 |
| Employment History | 15 | $3,055,000 | $203,000 | $425,000 | $55,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $1,620,000 | $202,000 | $295,000 | $124,000 | $576,000 |
| Credit Application Incomplete | 2 | $870,000 | $435,000 | $765,000 | $209,000 | $273,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Merchants Bank's 2022 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.