First Merchants Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
First Merchants Bank 2018 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 | 2019 2018 2017 2016 |
| Total Number of Mortgage Applications | 7,502 |
| Total Mortgage Loan Application Amount | $948,550,000 |
| Average Mortgage Loan Application Amount | $134,000 |
| Highest Mortgage Loan Application Amount | $13,785,000 |
| Average Applicant Income | $92,000 |
| Highest Applicant Income | $8,733,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 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 2018 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 2018.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Allen County Indiana | 656 | $ 85,050,000 | $ 129,000 | $ 86,000 |
| Tippecanoe County Indiana | 636 | $ 66,710,000 | $ 104,000 | $ 84,000 |
| Delaware County Indiana | 598 | $ 46,120,000 | $ 77,000 | $ 70,000 |
| Franklin County Ohio | 525 | $ 109,365,000 | $ 208,000 | $ 145,000 |
| Madison County Indiana | 484 | $ 42,280,000 | $ 87,000 | $ 80,000 |
| Hamilton County Indiana | 437 | $ 66,615,000 | $ 152,000 | $ 146,000 |
| Lake County Indiana | 388 | $ 39,120,000 | $ 100,000 | $ 94,000 |
| Marion County Indiana | 310 | $ 44,480,000 | $ 143,000 | $ 120,000 |
| Henry County Indiana | 294 | $ 19,600,000 | $ 66,000 | $ 66,000 |
| White County Indiana | 204 | $ 15,960,000 | $ 78,000 | $ 76,000 |
| Cook County Illinois | 200 | $ 46,660,000 | $ 233,000 | $ 126,000 |
| Johnson County Indiana | 187 | $ 22,365,000 | $ 119,000 | $ 119,000 |
| Hendricks County Indiana | 183 | $ 21,535,000 | $ 117,000 | $ 96,000 |
| Randolph County Indiana | 145 | $ 8,375,000 | $ 57,000 | $ 64,000 |
| Wells County Indiana | 142 | $ 10,240,000 | $ 72,000 | $ 69,000 |
| Adams County Indiana | 130 | $ 12,980,000 | $ 99,000 | $ 71,000 |
| Clinton County Indiana | 110 | $ 7,290,000 | $ 66,000 | $ 60,000 |
| Jasper County Indiana | 99 | $ 9,145,000 | $ 92,000 | $ 67,000 |
| Morgan County Indiana | 97 | $ 9,945,000 | $ 102,000 | $ 86,000 |
| Carroll County Indiana | 94 | $ 8,320,000 | $ 88,000 | $ 80,000 |
| Jay County Indiana | 94 | $ 5,270,000 | $ 56,000 | $ 60,000 |
| Hancock County Indiana | 91 | $ 8,005,000 | $ 87,000 | $ 82,000 |
| Shelby County Indiana | 90 | $ 8,310,000 | $ 92,000 | $ 81,000 |
| Porter County Indiana | 88 | $ 13,900,000 | $ 157,000 | $ 130,000 |
| Huntington County Indiana | 71 | $ 3,945,000 | $ 55,000 | $ 63,000 |
| Brown County Indiana | 65 | $ 9,265,000 | $ 142,000 | $ 106,000 |
| Montgomery County Indiana | 65 | $ 5,125,000 | $ 78,000 | $ 87,000 |
| Wabash County Indiana | 61 | $ 3,995,000 | $ 65,000 | $ 55,000 |
| Wayne County Indiana | 59 | $ 4,825,000 | $ 81,000 | $ 64,000 |
| Delaware County Ohio | 51 | $ 15,665,000 | $ 307,000 | $ 198,000 |
| Boone County Indiana | 45 | $ 9,085,000 | $ 201,000 | $ 199,000 |
| Union County Indiana | 44 | $ 2,630,000 | $ 59,000 | $ 58,000 |
| Fayette County Indiana | 39 | $ 2,325,000 | $ 59,000 | $ 63,000 |
| Miami County Indiana | 38 | $ 2,720,000 | $ 71,000 | $ 57,000 |
| DuPage County Illinois | 37 | $ 11,175,000 | $ 302,000 | $ 274,000 |
| DeKalb County Indiana | 37 | $ 5,175,000 | $ 139,000 | $ 103,000 |
| Kosciusko County Indiana | 32 | $ 9,940,000 | $ 310,000 | $ 239,000 |
| Marshall County Indiana | 30 | $ 2,920,000 | $ 97,000 | $ 52,000 |
| Rush County Indiana | 28 | $ 2,740,000 | $ 97,000 | $ 81,000 |
| Will County Illinois | 19 | $ 4,105,000 | $ 216,000 | $ 163,000 |
| Grant County Indiana | 19 | $ 1,505,000 | $ 79,000 | $ 56,000 |
| Licking County Ohio | 19 | $ 4,735,000 | $ 249,000 | $ 329,000 |
| Fairfield County Ohio | 17 | $ 3,935,000 | $ 231,000 | $ 353,000 |
| St. Joseph County Indiana | 16 | $ 1,040,000 | $ 65,000 | $ 73,000 |
| Benton County Indiana | 15 | $ 685,000 | $ 45,000 | $ 73,000 |
| Steuben County Indiana | 15 | $ 2,015,000 | $ 134,000 | $ 125,000 |
| Blackford County Indiana | 14 | $ 950,000 | $ 67,000 | $ 55,000 |
| Cass County Indiana | 14 | $ 670,000 | $ 47,000 | $ 56,000 |
| Whitley County Indiana | 14 | $ 2,120,000 | $ 151,000 | $ 743,000 |
| Newton County Indiana | 13 | $ 1,445,000 | $ 111,000 | $ 56,000 |
| Howard County Indiana | 11 | $ 815,000 | $ 74,000 | $ 49,000 |
| Lee County Florida | 10 | $ 2,010,000 | $ 201,000 | $ 406,000 |
| Monroe County Indiana | 10 | $ 14,590,000 | $ 1,459,000 | $ 102,000 |
| LaGrange County Indiana | 9 | $ 1,435,000 | $ 159,000 | $ 155,000 |
| Noble County Indiana | 9 | $ 995,000 | $ 110,000 | $ 92,000 |
| Collier County Florida | 8 | $ 5,750,000 | $ 718,000 | $ 696,000 |
| Bartholomew County Indiana | 8 | $ 2,540,000 | $ 317,000 | $ 180,000 |
| Putnam County Indiana | 8 | $ 980,000 | $ 122,000 | $ 112,000 |
| Pulaski County Indiana | 7 | $ 415,000 | $ 59,000 | $ 55,000 |
| Starke County Indiana | 7 | $ 575,000 | $ 82,000 | $ 114,000 |
| Tipton County Indiana | 7 | $ 865,000 | $ 123,000 | $ 83,000 |
| Fountain County Indiana | 6 | $ 510,000 | $ 85,000 | $ 70,000 |
| Warren County Indiana | 6 | $ 390,000 | $ 65,000 | $ 77,000 |
| Butler County Ohio | 6 | $ 600,000 | $ 100,000 | $ 216,000 |
| Union County Ohio | 6 | $ 1,220,000 | $ 203,000 | $ 148,000 |
| Decatur County Indiana | 5 | $ 675,000 | $ 135,000 | $ 63,000 |
| Elkhart County Indiana | 5 | $ 24,045,000 | $ 4,809,000 | $ 264,000 |
| LaPorte County Indiana | 5 | $ 605,000 | $ 121,000 | $ 405,000 |
| Darke County Ohio | 5 | $ 235,000 | $ 47,000 | $ 43,000 |
| Manatee County Florida | 4 | $ 940,000 | $ 235,000 | $ 184,000 |
| Kane County Illinois | 4 | $ 750,000 | $ 187,000 | $ 409,000 |
| Franklin County Indiana | 4 | $ 220,000 | $ 55,000 | $ 70,000 |
| Hamilton County Ohio | 4 | $ 1,230,000 | $ 307,000 | $ 317,000 |
| Beaufort County South Carolina | 4 | $ 1,280,000 | $ 320,000 | $ 192,000 |
| Brevard County Florida | 3 | $ 765,000 | $ 255,000 | $ 394,000 |
| Sarasota County Florida | 3 | $ 1,035,000 | $ 345,000 | $ 81,000 |
| Kankakee County Illinois | 3 | $ 595,000 | $ 198,000 | $ 61,000 |
| Fulton County Indiana | 3 | $ 185,000 | $ 61,000 | $ 65,000 |
| Owen County Indiana | 3 | $ 155,000 | $ 51,000 | $ 76,000 |
| Parke County Indiana | 3 | $ 225,000 | $ 75,000 | $ 48,000 |
| Anne Arundel County Maryland | 3 | $ 765,000 | $ 255,000 | $ 176,000 |
| St. Louis City County Missouri | 3 | $ 435,000 | $ 145,000 | $ 0 |
| Logan County Ohio | 3 | $ 505,000 | $ 168,000 | $ 246,000 |
| Morrow County Ohio | 3 | $ 805,000 | $ 268,000 | $ 129,000 |
| Pickaway County Ohio | 3 | $ 805,000 | $ 268,000 | $ 229,000 |
| Riverside County California | 2 | $ 270,000 | $ 135,000 | $ 69,000 |
| Broward County Florida | 2 | $ 870,000 | $ 435,000 | $ 183,000 |
| Duval County Florida | 2 | $ 450,000 | $ 225,000 | $ 100,000 |
| Okaloosa County Florida | 2 | $ 470,000 | $ 235,000 | $ 445,000 |
| Grundy County Illinois | 2 | $ 1,440,000 | $ 720,000 | $ 22,000 |
| Putnam County Illinois | 2 | $ 500,000 | $ 250,000 | $ 478,000 |
| Clark County Indiana | 2 | $ 190,000 | $ 95,000 | $ 129,000 |
| Lawrence County Indiana | 2 | $ 230,000 | $ 115,000 | $ 79,000 |
| Orange County Indiana | 2 | $ 170,000 | $ 85,000 | $ 53,000 |
| Sullivan County Indiana | 2 | $ 120,000 | $ 60,000 | $ 104,000 |
| Vanderburgh County Indiana | 2 | $ 210,000 | $ 105,000 | $ 45,000 |
| Vigo County Indiana | 2 | $ 50,000 | $ 25,000 | $ 51,000 |
| Bay County Michigan | 2 | $ 70,000 | $ 35,000 | $ 71,000 |
| Berrien County Michigan | 2 | $ 100,000 | $ 50,000 | $ 46,000 |
| Branch County Michigan | 2 | $ 310,000 | $ 155,000 | $ 75,000 |
| Emmet County Michigan | 2 | $ 410,000 | $ 205,000 | $ 559,000 |
| Macomb County Michigan | 2 | $ 60,000 | $ 30,000 | $ 96,000 |
| Van Buren County Michigan | 2 | $ 690,000 | $ 345,000 | $ 1,024,000 |
| Nassau County New York | 2 | $ 1,050,000 | $ 525,000 | $ 181,000 |
| Mecklenburg County North Carolina | 2 | $ 1,330,000 | $ 665,000 | $ 1,656,000 |
| Belmont County Ohio | 2 | $ 40,000 | $ 20,000 | $ 54,000 |
| Hocking County Ohio | 2 | $ 180,000 | $ 90,000 | $ 173,000 |
| Knox County Ohio | 2 | $ 200,000 | $ 100,000 | $ 358,000 |
| Madison County Ohio | 2 | $ 310,000 | $ 155,000 | $ 94,000 |
| Marion County Ohio | 2 | $ 230,000 | $ 115,000 | $ 105,000 |
| Montgomery County Ohio | 2 | $ 220,000 | $ 110,000 | $ 57,000 |
| Summit County Ohio | 2 | $ 340,000 | $ 170,000 | $ 68,000 |
| Van Wert County Ohio | 2 | $ 120,000 | $ 60,000 | $ 26,000 |
| Warren County Ohio | 2 | $ 740,000 | $ 370,000 | $ 269,000 |
| Fairfax County Virginia | 2 | $ 790,000 | $ 395,000 | $ 164,000 |
| Los Angeles County California | 1 | $ 395,000 | $ 395,000 | $ 97,000 |
| San Diego County California | 1 | $ 255,000 | $ 255,000 | $ 157,000 |
| Ventura County California | 1 | $ 475,000 | $ 475,000 | $ 371,000 |
| Arapahoe County Colorado | 1 | $ 575,000 | $ 575,000 | $ 244,000 |
| Eagle County Colorado | 1 | $ 605,000 | $ 605,000 | $ 1,588,000 |
| Summit County Colorado | 1 | $ 295,000 | $ 295,000 | $ 339,000 |
| Charlotte County Florida | 1 | $ 235,000 | $ 235,000 | $ 431,000 |
| Indian River County Florida | 1 | $ 455,000 | $ 455,000 | $ 563,000 |
| Jackson County Florida | 1 | $ 145,000 | $ 145,000 | $ 67,000 |
| Orange County Florida | 1 | $ 245,000 | $ 245,000 | $ 75,000 |
| Palm Beach County Florida | 1 | $ 735,000 | $ 735,000 | $ 318,000 |
| Polk County Florida | 1 | $ 145,000 | $ 145,000 | $ 0 |
| St. Lucie County Florida | 1 | $ 575,000 | $ 575,000 | $ 0 |
| Sumter County Florida | 1 | $ 125,000 | $ 125,000 | $ 56,000 |
| Chatham County Georgia | 1 | $ 275,000 | $ 275,000 | $ 71,000 |
| Effingham County Georgia | 1 | $ 135,000 | $ 135,000 | $ 58,000 |
| Iroquois County Illinois | 1 | $ 55,000 | $ 55,000 | $ 22,000 |
| Kendall County Illinois | 1 | $ 295,000 | $ 295,000 | $ 127,000 |
| Clay County Indiana | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Dubois County Indiana | 1 | $ 95,000 | $ 95,000 | $ 39,000 |
| Floyd County Indiana | 1 | $ 35,000 | $ 35,000 | $ 73,000 |
| Jackson County Indiana | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
| Jefferson County Indiana | 1 | $ 135,000 | $ 135,000 | $ 56,000 |
| Martin County Indiana | 1 | $ 65,000 | $ 65,000 | $ 170,000 |
| Ripley County Indiana | 1 | $ 25,000 | $ 25,000 | $ 105,000 |
| Vermillion County Indiana | 1 | $ 225,000 | $ 225,000 | $ 196,000 |
| Boone County Kentucky | 1 | $ 325,000 | $ 325,000 | $ 161,000 |
| Bullitt County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 68,000 |
| Henry County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Russell County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 163,000 |
| Barnstable County Massachusetts | 1 | $ 1,005,000 | $ 1,005,000 | $ 144,000 |
| Cheboygan County Michigan | 1 | $ 745,000 | $ 745,000 | $ 1,397,000 |
| Crawford County Michigan | 1 | $ 745,000 | $ 745,000 | $ 503,000 |
| Grand Traverse County Michigan | 1 | $ 235,000 | $ 235,000 | $ 236,000 |
| Kalamazoo County Michigan | 1 | $ 505,000 | $ 505,000 | $ 284,000 |
| Kent County Michigan | 1 | $ 155,000 | $ 155,000 | $ 127,000 |
| Oceana County Michigan | 1 | $ 65,000 | $ 65,000 | $ 85,000 |
| St. Joseph County Michigan | 1 | $ 405,000 | $ 405,000 | $ 157,000 |
| Hennepin County Minnesota | 1 | $ 425,000 | $ 425,000 | $ 215,000 |
| Moore County North Carolina | 1 | $ 235,000 | $ 235,000 | $ 239,000 |
| Union County North Carolina | 1 | $ 565,000 | $ 565,000 | $ 128,000 |
| Wake County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 72,000 |
| Washington County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 137,000 |
| Ashtabula County Ohio | 1 | $ 145,000 | $ 145,000 | $ 65,000 |
| Brown County Ohio | 1 | $ 205,000 | $ 205,000 | $ 771,000 |
| Champaign County Ohio | 1 | $ 95,000 | $ 95,000 | $ 74,000 |
| Clark County Ohio | 1 | $ 125,000 | $ 125,000 | $ 56,000 |
| Clermont County Ohio | 1 | $ 785,000 | $ 785,000 | $ 420,000 |
| Defiance County Ohio | 1 | $ 15,000 | $ 15,000 | $ 62,000 |
| Fayette County Ohio | 1 | $ 25,000 | $ 25,000 | $ 32,000 |
| Geauga County Ohio | 1 | $ 165,000 | $ 165,000 | $ 310,000 |
| Lorain County Ohio | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Muskingum County Ohio | 1 | $ 115,000 | $ 115,000 | $ 30,000 |
| Paulding County Ohio | 1 | $ 35,000 | $ 35,000 | $ 56,000 |
| Richland County Ohio | 1 | $ 545,000 | $ 545,000 | $ 144,000 |
| Wood County Ohio | 1 | $ 425,000 | $ 425,000 | $ 240,000 |
| Bucks County Pennsylvania | 1 | $ 375,000 | $ 375,000 | $ 104,000 |
| Northampton County Pennsylvania | 1 | $ 465,000 | $ 465,000 | $ 363,000 |
| Cherokee County South Carolina | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Sumter County South Carolina | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Davidson County Tennessee | 1 | $ 385,000 | $ 385,000 | $ 296,000 |
| Knox County Tennessee | 1 | $ 145,000 | $ 145,000 | $ 50,000 |
| Marion County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 25,000 |
| Roane County Tennessee | 1 | $ 215,000 | $ 215,000 | $ 107,000 |
| Sevier County Tennessee | 1 | $ 155,000 | $ 155,000 | $ 325,000 |
| Bexar County Texas | 1 | $ 455,000 | $ 455,000 | $ 338,000 |
| Ellis County Texas | 1 | $ 155,000 | $ 155,000 | $ 78,000 |
| Fort Bend County Texas | 1 | $ 205,000 | $ 205,000 | $ 79,000 |
| Galveston County Texas | 1 | $ 255,000 | $ 255,000 | $ 96,000 |
| Palo Pinto County Texas | 1 | $ 95,000 | $ 95,000 | $ 96,000 |
| Summit County Utah | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Dane County Wisconsin | 1 | $ 815,000 | $ 815,000 | $ 290,000 |
| Oneida County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 137,000 |
Mortgage Loan Application Detail Totals for First Merchants Bank in 2018
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 3,127 | $241,735,000 | $77,000 | $1,255,000 | $101,000 | $8,733,000 |
| Home Purchase | 1,994 | $361,630,000 | $181,000 | $3,055,000 | $104,000 | $2,130,000 |
| Refinancing | 1,067 | $162,135,000 | $151,000 | $13,785,000 | $95,000 | $2,264,000 |
| Home Improvement | 729 | $46,305,000 | $63,000 | $535,000 | $82,000 | $658,000 |
| Cash-out Refinancing | 566 | $134,950,000 | $238,000 | $11,505,000 | $135,000 | $2,526,000 |
| Not Applicable | 19 | $1,795,000 | $94,000 | $355,000 | $35,000 | $51,000 |
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 | 5,606 | $632,550,000 | $112,000 | $1,905,000 | $100,000 | $8,733,000 |
| Not Provided | 1,131 | $121,305,000 | $107,000 | $1,255,000 | $121,000 | $3,245,000 |
| Not applicable | 276 | $137,450,000 | $498,000 | $13,785,000 | $0 | $0 |
| Asian | 171 | $20,145,000 | $117,000 | $675,000 | $65,000 | $1,624,000 |
| Black or African American | 138 | $12,770,000 | $92,000 | $885,000 | $71,000 | $646,000 |
| Hispanic | 131 | $13,045,000 | $99,000 | $545,000 | $63,000 | $309,000 |
| American Indian or Alaskan Native | 17 | $3,475,000 | $204,000 | $1,365,000 | $166,000 | $960,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $1,625,000 | $541,000 | $1,085,000 | $462,000 | $1,200,000 |
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) | 7,106 | $899,860,000 | $126,000 | $13,785,000 | $104,000 | $8,733,000 |
| FHA-insured (Federal Housing Administration) | 264 | $33,250,000 | $125,000 | $435,000 | $57,000 | $182,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 87 | $8,295,000 | $95,000 | $245,000 | $40,000 | $85,000 |
| VA-guaranteed (Veterans Administration) | 45 | $7,145,000 | $158,000 | $505,000 | $63,000 | $155,000 |
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 | 4,776 | $689,820,000 | $144,000 | $13,785,000 | $113,000 | $3,245,000 |
| Application Denied By Financial Institution | 1,542 | $119,700,000 | $77,000 | $1,225,000 | $73,000 | $8,733,000 |
| Application Withdrawn By Applicant | 752 | $107,620,000 | $143,000 | $11,505,000 | $97,000 | $1,280,000 |
| File Closed For Incompleteness | 308 | $22,040,000 | $71,000 | $505,000 | $94,000 | $780,000 |
| Application Approved But Not Accepted | 105 | $7,575,000 | $72,000 | $755,000 | $95,000 | $518,000 |
| Loan Purchased By The Institution | 19 | $1,795,000 | $94,000 | $355,000 | $35,000 | $51,000 |
| 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 | 5,960 | $828,850,000 | $139,000 | $13,785,000 | $109,000 | $3,245,000 |
| Debt-To-Income Ratio | 742 | $59,400,000 | $80,000 | $755,000 | $56,000 | $395,000 |
| Credit History | 473 | $29,105,000 | $61,000 | $505,000 | $89,000 | $8,733,000 |
| Collateral | 229 | $17,075,000 | $74,000 | $655,000 | $85,000 | $1,200,000 |
| Unverifiable Information | 30 | $4,840,000 | $161,000 | $1,225,000 | $103,000 | $351,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 21 | $3,085,000 | $146,000 | $825,000 | $108,000 | $1,200,000 |
| Employment History | 20 | $2,540,000 | $127,000 | $375,000 | $57,000 | $275,000 |
| Other | 14 | $1,400,000 | $100,000 | $185,000 | $99,000 | $567,000 |
| Credit Application Incomplete | 13 | $2,255,000 | $173,000 | $325,000 | $119,000 | $226,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Merchants Bank's 2018 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.