Firstmerit Bank Na
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Firstmerit Bank Na 2016 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 | Firstmerit Bank Na Iii Cascade Plaza - Cas46 Akron, OH 44308 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 3,052 |
| Total Mortgage Loan Application Amount | $666,831,000 |
| Average Mortgage Loan Application Amount | $235,666 |
| Highest Mortgage Loan Application Amount | $37,696,000 |
| Average Applicant Income | $87,666 |
| Highest Applicant Income | $2,534,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Firstmerit Bank Na. 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 Firstmerit Bank Na's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Firstmerit Bank Na'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 Firstmerit Bank Na serves its applicants.
Each category highlights the total number of mortgage applications processed by Firstmerit Bank Na, 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 Firstmerit Bank Na's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Summit County Ohio | 274 | $ 43,829,000 | $ 159,000 | $ 82,000 |
| Stark County Ohio | 207 | $ 20,288,000 | $ 98,000 | $ 85,000 |
| Cuyahoga County Ohio | 204 | $ 46,230,000 | $ 226,000 | $ 90,000 |
| Cook County Illinois | 170 | $ 85,770,000 | $ 504,000 | $ 133,000 |
| Lorain County Ohio | 159 | $ 23,659,000 | $ 148,000 | $ 68,000 |
| Genesee County Michigan | 141 | $ 12,285,000 | $ 87,000 | $ 78,000 |
| Medina County Ohio | 107 | $ 26,439,000 | $ 247,000 | $ 91,000 |
| Oakland County Michigan | 82 | $ 26,618,000 | $ 324,000 | $ 152,000 |
| Wayne County Michigan | 71 | $ 6,082,000 | $ 85,000 | $ 70,000 |
| Saginaw County Michigan | 65 | $ 4,664,000 | $ 71,000 | $ 73,000 |
| Ashtabula County Ohio | 65 | $ 3,794,000 | $ 58,000 | $ 76,000 |
| Lake County Ohio | 57 | $ 35,988,000 | $ 631,000 | $ 52,000 |
| Wexford County Michigan | 55 | $ 2,997,000 | $ 54,000 | $ 44,000 |
| Wayne County Ohio | 52 | $ 3,733,000 | $ 71,000 | $ 70,000 |
| Livingston County Michigan | 46 | $ 7,498,000 | $ 163,000 | $ 100,000 |
| Lawrence County Pennsylvania | 46 | $ 4,741,000 | $ 103,000 | $ 65,000 |
| Franklin County Ohio | 42 | $ 57,442,000 | $ 1,367,000 | $ 91,000 |
| Bay County Michigan | 41 | $ 1,694,000 | $ 41,000 | $ 59,000 |
| Crawford County Ohio | 40 | $ 2,124,000 | $ 53,000 | $ 45,000 |
| Washtenaw County Michigan | 37 | $ 7,133,000 | $ 192,000 | $ 128,000 |
| Richland County Ohio | 37 | $ 4,324,000 | $ 116,000 | $ 83,000 |
| Jackson County Michigan | 36 | $ 2,502,000 | $ 69,000 | $ 55,000 |
| Osceola County Michigan | 33 | $ 1,444,000 | $ 43,000 | $ 60,000 |
| Portage County Ohio | 29 | $ 3,979,000 | $ 137,000 | $ 86,000 |
| Ashland County Ohio | 27 | $ 1,766,000 | $ 65,000 | $ 47,000 |
| Geauga County Ohio | 27 | $ 5,255,000 | $ 194,000 | $ 121,000 |
| Clinton County Michigan | 26 | $ 3,136,000 | $ 120,000 | $ 141,000 |
| Knox County Ohio | 25 | $ 1,602,000 | $ 64,000 | $ 53,000 |
| Brown County Wisconsin | 24 | $ 2,052,000 | $ 85,000 | $ 63,000 |
| DuPage County Illinois | 22 | $ 11,192,000 | $ 508,000 | $ 130,000 |
| Lake County Illinois | 22 | $ 5,402,000 | $ 245,000 | $ 134,000 |
| McHenry County Illinois | 22 | $ 4,601,000 | $ 209,000 | $ 81,000 |
| Macomb County Michigan | 20 | $ 3,857,000 | $ 192,000 | $ 97,000 |
| Lucas County Ohio | 19 | $ 20,147,000 | $ 1,060,000 | $ 121,000 |
| Oconto County Wisconsin | 19 | $ 1,384,000 | $ 72,000 | $ 66,000 |
| Erie County Ohio | 17 | $ 2,038,000 | $ 119,000 | $ 71,000 |
| St. Joseph County Michigan | 16 | $ 928,000 | $ 58,000 | $ 36,000 |
| Outagamie County Wisconsin | 16 | $ 1,921,000 | $ 120,000 | $ 62,000 |
| Waushara County Wisconsin | 15 | $ 1,093,000 | $ 72,000 | $ 36,000 |
| Calumet County Wisconsin | 14 | $ 1,739,000 | $ 124,000 | $ 88,000 |
| Ingham County Michigan | 13 | $ 1,894,000 | $ 145,000 | $ 100,000 |
| Monroe County Michigan | 13 | $ 935,000 | $ 71,000 | $ 82,000 |
| Delaware County Ohio | 13 | $ 3,678,000 | $ 282,000 | $ 161,000 |
| Midland County Michigan | 12 | $ 984,000 | $ 82,000 | $ 124,000 |
| Shiawassee County Michigan | 12 | $ 513,000 | $ 42,000 | $ 56,000 |
| Jefferson County Wisconsin | 12 | $ 821,000 | $ 68,000 | $ 56,000 |
| Gogebic County Michigan | 11 | $ 348,000 | $ 31,000 | $ 46,000 |
| Missaukee County Michigan | 11 | $ 1,060,000 | $ 96,000 | $ 63,000 |
| Muskegon County Michigan | 11 | $ 401,000 | $ 36,000 | $ 59,000 |
| Huron County Ohio | 11 | $ 1,090,000 | $ 99,000 | $ 62,000 |
| Charlevoix County Michigan | 10 | $ 930,000 | $ 93,000 | $ 138,000 |
| Wood County Ohio | 10 | $ 541,000 | $ 54,000 | $ 67,000 |
| Portage County Wisconsin | 10 | $ 1,439,000 | $ 143,000 | $ 95,000 |
| Kane County Illinois | 9 | $ 1,618,000 | $ 179,000 | $ 102,000 |
| Arenac County Michigan | 9 | $ 494,000 | $ 54,000 | $ 36,000 |
| Ogemaw County Michigan | 9 | $ 110,000 | $ 12,000 | $ 19,000 |
| Oneida County Wisconsin | 9 | $ 1,385,000 | $ 153,000 | $ 63,000 |
| Winnebago County Wisconsin | 9 | $ 618,000 | $ 68,000 | $ 50,000 |
| Alpena County Michigan | 8 | $ 247,000 | $ 30,000 | $ 61,000 |
| Crawford County Michigan | 8 | $ 1,121,000 | $ 140,000 | $ 94,000 |
| Grand Traverse County Michigan | 8 | $ 6,022,000 | $ 752,000 | $ 107,000 |
| Houghton County Michigan | 8 | $ 613,000 | $ 76,000 | $ 237,000 |
| Marquette County Michigan | 8 | $ 2,450,000 | $ 306,000 | $ 106,000 |
| Otsego County Michigan | 8 | $ 2,720,000 | $ 340,000 | $ 254,000 |
| Morrow County Ohio | 8 | $ 804,000 | $ 100,000 | $ 109,000 |
| Trumbull County Ohio | 8 | $ 703,000 | $ 87,000 | $ 54,000 |
| Will County Illinois | 7 | $ 1,698,000 | $ 242,000 | $ 189,000 |
| Holmes County Ohio | 7 | $ 643,000 | $ 91,000 | $ 38,000 |
| Marinette County Wisconsin | 7 | $ 156,000 | $ 22,000 | $ 59,000 |
| Gratiot County Michigan | 6 | $ 1,542,000 | $ 257,000 | $ 63,000 |
| Lapeer County Michigan | 6 | $ 220,000 | $ 36,000 | $ 64,000 |
| Oscoda County Michigan | 6 | $ 306,000 | $ 51,000 | $ 38,000 |
| St. Clair County Michigan | 6 | $ 968,000 | $ 161,000 | $ 76,000 |
| Madison County Ohio | 6 | $ 557,000 | $ 92,000 | $ 69,000 |
| Mahoning County Ohio | 6 | $ 313,000 | $ 52,000 | $ 40,000 |
| Langlade County Wisconsin | 6 | $ 469,000 | $ 78,000 | $ 48,000 |
| Lincoln County Wisconsin | 6 | $ 473,000 | $ 78,000 | $ 75,000 |
| Vilas County Wisconsin | 6 | $ 877,000 | $ 146,000 | $ 68,000 |
| Walworth County Wisconsin | 6 | $ 810,000 | $ 135,000 | $ 46,000 |
| Alcona County Michigan | 5 | $ 610,000 | $ 122,000 | $ 183,000 |
| Antrim County Michigan | 5 | $ 515,000 | $ 103,000 | $ 91,000 |
| Delta County Michigan | 5 | $ 328,000 | $ 65,000 | $ 39,000 |
| Dickinson County Michigan | 5 | $ 202,000 | $ 40,000 | $ 54,000 |
| Crawford County Wisconsin | 5 | $ 217,000 | $ 43,000 | $ 38,000 |
| Door County Wisconsin | 5 | $ 699,000 | $ 139,000 | $ 101,000 |
| Grant County Wisconsin | 5 | $ 356,000 | $ 71,000 | $ 76,000 |
| Polk County Wisconsin | 5 | $ 509,000 | $ 101,000 | $ 51,000 |
| Collier County Florida | 4 | $ 2,138,000 | $ 534,000 | $ 762,000 |
| Palm Beach County Florida | 4 | $ 4,114,000 | $ 1,028,000 | $ 891,000 |
| Alger County Michigan | 4 | $ 253,000 | $ 63,000 | $ 48,000 |
| Calhoun County Michigan | 4 | $ 2,935,000 | $ 733,000 | $ 20,000 |
| Iron County Michigan | 4 | $ 110,000 | $ 27,000 | $ 110,000 |
| Kalkaska County Michigan | 4 | $ 675,000 | $ 168,000 | $ 125,000 |
| Kent County Michigan | 4 | $ 1,656,000 | $ 414,000 | $ 318,000 |
| Ottawa County Michigan | 4 | $ 787,000 | $ 196,000 | $ 129,000 |
| Fairfield County Ohio | 4 | $ 635,000 | $ 158,000 | $ 69,000 |
| Ottawa County Ohio | 4 | $ 766,000 | $ 191,000 | $ 162,000 |
| Mercer County Pennsylvania | 4 | $ 134,000 | $ 33,000 | $ 72,000 |
| Douglas County Wisconsin | 4 | $ 345,000 | $ 86,000 | $ 67,000 |
| DeKalb County Illinois | 3 | $ 609,000 | $ 203,000 | $ 106,000 |
| Kendall County Illinois | 3 | $ 158,000 | $ 52,000 | $ 152,000 |
| Hendricks County Indiana | 3 | $ 80,000 | $ 26,000 | $ 178,000 |
| Marion County Indiana | 3 | $ 12,295,000 | $ 4,098,000 | $ 32,000 |
| Allegan County Michigan | 3 | $ 228,000 | $ 76,000 | $ 517,000 |
| Clare County Michigan | 3 | $ 142,000 | $ 47,000 | $ 56,000 |
| Gladwin County Michigan | 3 | $ 344,000 | $ 114,000 | $ 66,000 |
| Lake County Michigan | 3 | $ 136,000 | $ 45,000 | $ 30,000 |
| Lenawee County Michigan | 3 | $ 305,000 | $ 101,000 | $ 57,000 |
| Mecosta County Michigan | 3 | $ 230,000 | $ 76,000 | $ 86,000 |
| Montmorency County Michigan | 3 | $ 735,000 | $ 245,000 | $ 224,000 |
| Tuscola County Michigan | 3 | $ 36,000 | $ 12,000 | $ 73,000 |
| Columbiana County Ohio | 3 | $ 192,000 | $ 64,000 | $ 50,000 |
| Licking County Ohio | 3 | $ 745,000 | $ 248,000 | $ 163,000 |
| Tuscarawas County Ohio | 3 | $ 183,000 | $ 61,000 | $ 39,000 |
| Union County Ohio | 3 | $ 380,000 | $ 126,000 | $ 136,000 |
| Barron County Wisconsin | 3 | $ 129,000 | $ 43,000 | $ 69,000 |
| St. Croix County Wisconsin | 3 | $ 139,000 | $ 46,000 | $ 69,000 |
| Lee County Florida | 2 | $ 462,000 | $ 231,000 | $ 119,000 |
| Martin County Florida | 2 | $ 619,000 | $ 309,000 | $ 175,000 |
| Sarasota County Florida | 2 | $ 2,547,000 | $ 1,273,000 | $ 1,158,000 |
| Grundy County Illinois | 2 | $ 29,000 | $ 14,000 | $ 47,000 |
| Hamilton County Indiana | 2 | $ 58,000 | $ 29,000 | $ 100,000 |
| Lake County Indiana | 2 | $ 600,000 | $ 300,000 | $ 202,000 |
| Barry County Michigan | 2 | $ 136,000 | $ 68,000 | $ 43,000 |
| Cass County Michigan | 2 | $ 178,000 | $ 89,000 | $ 15,000 |
| Chippewa County Michigan | 2 | $ 108,000 | $ 54,000 | $ 38,000 |
| Isabella County Michigan | 2 | $ 258,000 | $ 129,000 | $ 24,000 |
| Leelanau County Michigan | 2 | $ 914,000 | $ 457,000 | $ 179,000 |
| Menominee County Michigan | 2 | $ 78,000 | $ 39,000 | $ 22,000 |
| Newaygo County Michigan | 2 | $ 83,000 | $ 41,000 | $ 70,000 |
| Oceana County Michigan | 2 | $ 153,000 | $ 76,000 | $ 36,000 |
| Presque Isle County Michigan | 2 | $ 75,000 | $ 37,000 | $ 58,000 |
| Roscommon County Michigan | 2 | $ 252,000 | $ 126,000 | $ 369,000 |
| Hamilton County Ohio | 2 | $ 4,725,000 | $ 2,362,000 | $ 18,000 |
| Harrison County Ohio | 2 | $ 125,000 | $ 62,000 | $ 37,000 |
| Seneca County Ohio | 2 | $ 60,000 | $ 30,000 | $ 37,000 |
| Washington County Ohio | 2 | $ 150,000 | $ 75,000 | $ 75,000 |
| Allegheny County Pennsylvania | 2 | $ 1,600,000 | $ 800,000 | $ 281,000 |
| Dane County Wisconsin | 2 | $ 789,000 | $ 394,000 | $ 0 |
| Eau Claire County Wisconsin | 2 | $ 306,000 | $ 153,000 | $ 95,000 |
| Green County Wisconsin | 2 | $ 125,000 | $ 62,000 | $ 36,000 |
| Kenosha County Wisconsin | 2 | $ 563,000 | $ 281,000 | $ 95,000 |
| Kewaunee County Wisconsin | 2 | $ 58,000 | $ 29,000 | $ 61,000 |
| Manitowoc County Wisconsin | 2 | $ 127,000 | $ 63,000 | $ 46,000 |
| Milwaukee County Wisconsin | 2 | $ 109,000 | $ 54,000 | $ 39,000 |
| Rock County Wisconsin | 2 | $ 110,000 | $ 55,000 | $ 82,000 |
| Sheboygan County Wisconsin | 2 | $ 199,000 | $ 99,000 | $ 113,000 |
| Waukesha County Wisconsin | 2 | $ 402,000 | $ 201,000 | $ 24,000 |
| Waupaca County Wisconsin | 2 | $ 37,000 | $ 18,000 | $ 91,000 |
| Yavapai County Arizona | 1 | $ 311,000 | $ 311,000 | $ 385,000 |
| Charlotte County Florida | 1 | $ 142,000 | $ 142,000 | $ 54,000 |
| Flagler County Florida | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Indian River County Florida | 1 | $ 379,000 | $ 379,000 | $ 489,000 |
| Lake County Florida | 1 | $ 45,000 | $ 45,000 | $ 29,000 |
| Orange County Florida | 1 | $ 670,000 | $ 670,000 | $ 225,000 |
| Pasco County Florida | 1 | $ 48,000 | $ 48,000 | $ 40,000 |
| Sumter County Florida | 1 | $ 230,000 | $ 230,000 | $ 135,000 |
| Jackson County Illinois | 1 | $ 25,000 | $ 25,000 | $ 139,000 |
| Winnebago County Illinois | 1 | $ 95,000 | $ 95,000 | $ 145,000 |
| Howard County Indiana | 1 | $ 23,000 | $ 23,000 | $ 64,000 |
| Noble County Indiana | 1 | $ 3,000 | $ 3,000 | $ 22,000 |
| Baraga County Michigan | 1 | $ 53,000 | $ 53,000 | $ 54,000 |
| Branch County Michigan | 1 | $ 43,000 | $ 43,000 | $ 115,000 |
| Eaton County Michigan | 1 | $ 85,000 | $ 85,000 | $ 66,000 |
| Hillsdale County Michigan | 1 | $ 206,000 | $ 206,000 | $ 82,000 |
| Kalamazoo County Michigan | 1 | $ 670,000 | $ 670,000 | $ 398,000 |
| Manistee County Michigan | 1 | $ 4,000 | $ 4,000 | $ 32,000 |
| Ontonagon County Michigan | 1 | $ 106,000 | $ 106,000 | $ 49,000 |
| Sanilac County Michigan | 1 | $ 145,000 | $ 145,000 | $ 109,000 |
| Van Buren County Michigan | 1 | $ 6,250,000 | $ 6,250,000 | $ 0 |
| Jackson County Missouri | 1 | $ 22,850,000 | $ 22,850,000 | $ 0 |
| Brunswick County North Carolina | 1 | $ 289,000 | $ 289,000 | $ 78,000 |
| Moore County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 33,000 |
| Wake County North Carolina | 1 | $ 504,000 | $ 504,000 | $ 310,000 |
| Butler County Ohio | 1 | $ 28,000 | $ 28,000 | $ 96,000 |
| Carroll County Ohio | 1 | $ 60,000 | $ 60,000 | $ 52,000 |
| Clark County Ohio | 1 | $ 11,200,000 | $ 11,200,000 | $ 0 |
| Darke County Ohio | 1 | $ 68,000 | $ 68,000 | $ 101,000 |
| Greene County Ohio | 1 | $ 15,000,000 | $ 15,000,000 | $ 0 |
| Guernsey County Ohio | 1 | $ 112,000 | $ 112,000 | $ 103,000 |
| Jackson County Ohio | 1 | $ 6,000 | $ 6,000 | $ 20,000 |
| Marion County Ohio | 1 | $ 10,000 | $ 10,000 | $ 11,000 |
| Miami County Ohio | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Montgomery County Ohio | 1 | $ 12,000 | $ 12,000 | $ 16,000 |
| Perry County Ohio | 1 | $ 312,000 | $ 312,000 | $ 74,000 |
| Pickaway County Ohio | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Ross County Ohio | 1 | $ 500,000 | $ 500,000 | $ 396,000 |
| Sandusky County Ohio | 1 | $ 52,000 | $ 52,000 | $ 57,000 |
| Delaware County Pennsylvania | 1 | $ 417,000 | $ 417,000 | $ 172,000 |
| Warren County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 63,000 |
| Westmoreland County Pennsylvania | 1 | $ 59,000 | $ 59,000 | $ 28,000 |
| Oconee County South Carolina | 1 | $ 152,000 | $ 152,000 | $ 50,000 |
| Hood County Texas | 1 | $ 105,000 | $ 105,000 | $ 118,000 |
| Montgomery County Texas | 1 | $ 2,000 | $ 2,000 | $ 34,000 |
| Galax County Virginia | 1 | $ 1,650,000 | $ 1,650,000 | $ 0 |
| Northampton County Virginia | 1 | $ 250,000 | $ 250,000 | $ 218,000 |
| Bayfield County Wisconsin | 1 | $ 120,000 | $ 120,000 | $ 53,000 |
| Iron County Wisconsin | 1 | $ 34,000 | $ 34,000 | $ 52,000 |
| Lafayette County Wisconsin | 1 | $ 350,000 | $ 350,000 | $ 185,000 |
| Marquette County Wisconsin | 1 | $ 99,000 | $ 99,000 | $ 77,000 |
| Ozaukee County Wisconsin | 1 | $ 2,400,000 | $ 2,400,000 | $ 1,046,000 |
| Racine County Wisconsin | 1 | $ 237,000 | $ 237,000 | $ 127,000 |
| Washington County Wisconsin | 1 | $ 108,000 | $ 108,000 | $ 59,000 |
Mortgage Loan Application Detail Totals for Firstmerit Bank Na in 2016
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 | 1,456 | $223,242,000 | $153,000 | $10,505,000 | $92,000 | $1,945,000 |
| Home Purchase | 799 | $352,189,000 | $440,000 | $37,696,000 | $100,000 | $2,534,000 |
| Home Improvement | 797 | $91,400,000 | $114,000 | $22,850,000 | $71,000 | $2,000,000 |
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 | 2,210 | $221,903,000 | $100,000 | $2,925,000 | $85,000 | $2,534,000 |
| Not Provided | 494 | $120,038,000 | $242,000 | $2,664,000 | $138,000 | $2,000,000 |
| Black or African American | 191 | $10,894,000 | $57,000 | $826,000 | $46,000 | $226,000 |
| Hispanic | 69 | $7,331,000 | $106,000 | $2,900,000 | $56,000 | $219,000 |
| Not applicable | 51 | $299,823,000 | $5,878,000 | $37,696,000 | $0 | $0 |
| Asian | 19 | $5,851,000 | $307,000 | $1,520,000 | $147,000 | $400,000 |
| American Indian or Alaskan Native | 12 | $751,000 | $62,000 | $219,000 | $53,000 | $114,000 |
| Native Hawaiin or Other Pacific Islander | 6 | $240,000 | $40,000 | $63,000 | $39,000 | $60,000 |
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) | 2,957 | $657,272,000 | $222,000 | $37,696,000 | $90,000 | $2,534,000 |
| FHA-insured (Federal Housing Administration) | 87 | $8,629,000 | $99,000 | $279,000 | $43,000 | $106,000 |
| VA-guaranteed (Veterans Administration) | 7 | $851,000 | $121,000 | $300,000 | $48,000 | $104,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $79,000 | $79,000 | $79,000 | $46,000 | $46,000 |
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 | 1,459 | $303,879,000 | $208,000 | $24,928,000 | $105,000 | $2,534,000 |
| Application Denied By Financial Institution | 991 | $148,873,000 | $150,000 | $37,696,000 | $64,000 | $1,505,000 |
| Application Withdrawn By Applicant | 420 | $177,227,000 | $421,000 | $22,850,000 | $85,000 | $1,945,000 |
| Application Approved But Not Accepted | 88 | $13,156,000 | $149,000 | $5,400,000 | $98,000 | $1,342,000 |
| File Closed For Incompleteness | 69 | $21,360,000 | $309,000 | $2,410,000 | $147,000 | $2,000,000 |
| Preapproval Denied by Financial Institution | 25 | $2,336,000 | $93,000 | $219,000 | $20,000 | $66,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 |
|---|---|---|---|---|---|---|
| Credit History | 374 | $19,654,000 | $52,000 | $728,000 | $59,000 | $1,505,000 |
| Debt-To-Income Ratio | 371 | $36,630,000 | $98,000 | $2,900,000 | $52,000 | $504,000 |
| Collateral | 128 | $17,668,000 | $138,000 | $2,400,000 | $100,000 | $1,046,000 |
| Credit Application Incomplete | 71 | $3,636,000 | $51,000 | $252,000 | $73,000 | $313,000 |
| Other | 49 | $68,619,000 | $1,400,000 | $37,696,000 | $89,000 | $504,000 |
| Unverifiable Information | 17 | $4,658,000 | $274,000 | $2,200,000 | $22,000 | $109,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $265,000 | $66,000 | $109,000 | $16,000 | $29,000 |
| Employment History | 2 | $79,000 | $39,000 | $54,000 | $47,000 | $48,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Firstmerit Bank Na's 2016 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 Firstmerit Bank Na'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 Ohio, download the full spreadsheet
with aggregated HMDA statistics today.