Mercantile Bank
Mortgage Loan Application
Totals and Details
for 2006
Find mortgage loan statistics, lending data, and loan application totals for Florida.
The mortgage statistics and data below are specific to mortgage loan applications for Mercantile Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Mercantile Bank 1560 N. Orange Avenue Winter Park, FL 32789 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,043 |
| Total Mortgage Loan Application Amount | $436,505,000 |
| Average Mortgage Loan Application Amount | $170,000 |
| Highest Mortgage Loan Application Amount | $4,072,000 |
| Average Applicant Income | $109,666 |
| Highest Applicant Income | $7,016,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in FL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Duval County Florida | 191 | $ 31,713,000 | $ 166,000 | $ 94,000 |
| Hillsborough County Florida | 181 | $ 40,207,000 | $ 222,000 | $ 143,000 |
| Orange County Florida | 152 | $ 41,290,000 | $ 271,000 | $ 119,000 |
| Baker County Florida | 147 | $ 17,936,000 | $ 122,000 | $ 66,000 |
| Columbia County Florida | 119 | $ 14,519,000 | $ 122,000 | $ 73,000 |
| Pinellas County Florida | 106 | $ 27,295,000 | $ 257,000 | $ 149,000 |
| Suwannee County Florida | 104 | $ 9,437,000 | $ 90,000 | $ 62,000 |
| Alachua County Florida | 88 | $ 17,490,000 | $ 198,000 | $ 172,000 |
| Palm Beach County Florida | 82 | $ 53,775,000 | $ 655,000 | $ 487,000 |
| Putnam County Florida | 76 | $ 5,984,000 | $ 78,000 | $ 49,000 |
| Marion County Florida | 63 | $ 20,690,000 | $ 328,000 | $ 177,000 |
| Broward County Florida | 61 | $ 16,548,000 | $ 271,000 | $ 96,000 |
| Pasco County Florida | 61 | $ 10,757,000 | $ 176,000 | $ 100,000 |
| Miami-Dade County Florida | 53 | $ 21,122,000 | $ 398,000 | $ 417,000 |
| Citrus County Florida | 52 | $ 5,881,000 | $ 113,000 | $ 60,000 |
| Clay County Florida | 52 | $ 9,031,000 | $ 173,000 | $ 77,000 |
| Lee County Florida | 48 | $ 7,683,000 | $ 160,000 | $ 51,000 |
| St. Johns County Florida | 45 | $ 18,185,000 | $ 404,000 | $ 243,000 |
| Polk County Florida | 41 | $ 6,806,000 | $ 166,000 | $ 59,000 |
| Union County Florida | 41 | $ 4,081,000 | $ 99,000 | $ 57,000 |
| Osceola County Florida | 35 | $ 6,754,000 | $ 192,000 | $ 91,000 |
| Bradford County Florida | 33 | $ 3,296,000 | $ 99,000 | $ 54,000 |
| Seminole County Florida | 32 | $ 6,015,000 | $ 187,000 | $ 98,000 |
| Nassau County Florida | 17 | $ 2,617,000 | $ 153,000 | $ 96,000 |
| Collier County Florida | 13 | $ 2,440,000 | $ 187,000 | $ 55,000 |
| Lake County Florida | 13 | $ 3,475,000 | $ 267,000 | $ 170,000 |
| Charlton County Georgia | 11 | $ 1,258,000 | $ 114,000 | $ 67,000 |
| Volusia County Florida | 9 | $ 1,272,000 | $ 141,000 | $ 106,000 |
| Hernando County Florida | 8 | $ 1,908,000 | $ 238,000 | $ 169,000 |
| Sarasota County Florida | 8 | $ 3,555,000 | $ 444,000 | $ 135,000 |
| Highlands County Florida | 7 | $ 1,116,000 | $ 159,000 | $ 51,000 |
| Charlotte County Florida | 6 | $ 1,245,000 | $ 207,000 | $ 80,000 |
| Brevard County Florida | 5 | $ 967,000 | $ 193,000 | $ 68,000 |
| Flagler County Florida | 5 | $ 1,622,000 | $ 324,000 | $ 390,000 |
| Hardee County Florida | 5 | $ 669,000 | $ 133,000 | $ 55,000 |
| Levy County Florida | 5 | $ 1,113,000 | $ 222,000 | $ 54,000 |
| Dixie County Florida | 4 | $ 1,004,000 | $ 251,000 | $ 327,000 |
| Manatee County Florida | 4 | $ 1,582,000 | $ 395,000 | $ 191,000 |
| Sumter County Florida | 4 | $ 527,000 | $ 131,000 | $ 33,000 |
| St. Lucie County Florida | 3 | $ 1,559,000 | $ 519,000 | $ 376,000 |
| Mecklenburg County North Carolina | 3 | $ 217,000 | $ 72,000 | $ 233,000 |
| Gilchrist County Florida | 2 | $ 339,000 | $ 169,000 | $ 63,000 |
| Hamilton County Florida | 2 | $ 135,000 | $ 67,000 | $ 81,000 |
| Madison County Florida | 2 | $ 160,000 | $ 80,000 | $ 47,000 |
| Monroe County Florida | 2 | $ 1,025,000 | $ 512,000 | $ 206,000 |
| Okeechobee County Florida | 2 | $ 440,000 | $ 220,000 | $ 0 |
| Chatham County Georgia | 2 | $ 340,000 | $ 170,000 | $ 206,000 |
| Lowndes County Georgia | 2 | $ 1,611,000 | $ 805,000 | $ 321,000 |
| Richland County South Carolina | 2 | $ 98,000 | $ 49,000 | $ 60,000 |
| Bay County Florida | 1 | $ 228,000 | $ 228,000 | $ 119,000 |
| Escambia County Florida | 1 | $ 90,000 | $ 90,000 | $ 59,000 |
| Franklin County Florida | 1 | $ 172,000 | $ 172,000 | $ 63,000 |
| Lafayette County Florida | 1 | $ 125,000 | $ 125,000 | $ 29,000 |
| Martin County Florida | 1 | $ 420,000 | $ 420,000 | $ 319,000 |
| Taylor County Florida | 1 | $ 280,000 | $ 280,000 | $ 0 |
| Walton County Florida | 1 | $ 292,000 | $ 292,000 | $ 462,000 |
| Appling County Georgia | 1 | $ 50,000 | $ 50,000 | $ 17,000 |
| Camden County Georgia | 1 | $ 115,000 | $ 115,000 | $ 78,000 |
| Cherokee County Georgia | 1 | $ 35,000 | $ 35,000 | $ 204,000 |
| Clayton County Georgia | 1 | $ 109,000 | $ 109,000 | $ 32,000 |
| Fannin County Georgia | 1 | $ 250,000 | $ 250,000 | $ 260,000 |
| Glynn County Georgia | 1 | $ 175,000 | $ 175,000 | $ 182,000 |
| Greene County Georgia | 1 | $ 203,000 | $ 203,000 | $ 82,000 |
| Hall County Georgia | 1 | $ 493,000 | $ 493,000 | $ 250,000 |
| McIntosh County Georgia | 1 | $ 68,000 | $ 68,000 | $ 20,000 |
| Rabun County Georgia | 1 | $ 142,000 | $ 142,000 | $ 227,000 |
| Toombs County Georgia | 1 | $ 66,000 | $ 66,000 | $ 19,000 |
| Union County Georgia | 1 | $ 148,000 | $ 148,000 | $ 185,000 |
| Alleghany County North Carolina | 1 | $ 40,000 | $ 40,000 | $ 282,000 |
| Avery County North Carolina | 1 | $ 280,000 | $ 280,000 | $ 304,000 |
| Buncombe County North Carolina | 1 | $ 180,000 | $ 180,000 | $ 84,000 |
| Catawba County North Carolina | 1 | $ 400,000 | $ 400,000 | $ 174,000 |
| Haywood County North Carolina | 1 | $ 230,000 | $ 230,000 | $ 0 |
| Henderson County North Carolina | 1 | $ 383,000 | $ 383,000 | $ 286,000 |
| Pitt County North Carolina | 1 | $ 54,000 | $ 54,000 | $ 0 |
| Rutherford County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 158,000 |
| Watauga County North Carolina | 1 | $ 144,000 | $ 144,000 | $ 105,000 |
| Wilkes County North Carolina | 1 | $ 174,000 | $ 174,000 | $ 65,000 |
| Charleston County South Carolina | 1 | $ 1,210,000 | $ 1,210,000 | $ 406,000 |
| Dorchester County South Carolina | 1 | $ 117,000 | $ 117,000 | $ 67,000 |
| Greenville County South Carolina | 1 | $ 100,000 | $ 100,000 | $ 65,000 |
| Pickens County South Carolina | 1 | $ 650,000 | $ 650,000 | $ 216,000 |
| Spartanburg County South Carolina | 1 | $ 108,000 | $ 108,000 | $ 31,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Florida,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Mercantile Bank in 2006
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 | 939 | $225,953,000 | $240,000 | $4,072,000 | $153,000 | $7,016,000 |
| Refinancing | 937 | $201,161,000 | $214,000 | $3,360,000 | $116,000 | $1,908,000 |
| Home Improvement | 167 | $9,391,000 | $56,000 | $600,000 | $60,000 | $320,000 |
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 | 1,278 | $293,704,000 | $229,000 | $4,072,000 | $144,000 | $7,016,000 |
| Not Provided | 351 | $67,423,000 | $192,000 | $2,000,000 | $102,000 | $1,200,000 |
| Hispanic | 201 | $38,474,000 | $191,000 | $1,287,000 | $86,000 | $900,000 |
| Black or African American | 154 | $21,001,000 | $136,000 | $760,000 | $57,000 | $724,000 |
| Asian | 31 | $8,623,000 | $278,000 | $866,000 | $159,000 | $862,000 |
| Not applicable | 15 | $5,488,000 | $365,000 | $1,200,000 | $755,000 | $4,283,000 |
| American Indian or Alaskan Native | 7 | $854,000 | $122,000 | $417,000 | $72,000 | $144,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $938,000 | $156,000 | $294,000 | $53,000 | $73,000 |
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) | 1,885 | $416,756,000 | $221,000 | $4,072,000 | $136,000 | $7,016,000 |
| FHA-insured (Federal Housing Administration) | 140 | $16,135,000 | $115,000 | $243,000 | $41,000 | $240,000 |
| VA-guaranteed (Veterans Administration) | 18 | $3,614,000 | $200,000 | $408,000 | $59,000 | $131,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,116 | $255,720,000 | $229,000 | $4,072,000 | $151,000 | $7,016,000 |
| Application Denied By Financial Institution | 587 | $103,704,000 | $176,000 | $3,835,000 | $86,000 | $1,800,000 |
| File Closed For Incompleteness | 130 | $30,466,000 | $234,000 | $1,240,000 | $123,000 | $1,200,000 |
| Application Approved But Not Accepted | 112 | $13,038,000 | $116,000 | $740,000 | $110,000 | $743,000 |
| Application Withdrawn By Applicant | 98 | $33,577,000 | $342,000 | $2,800,000 | $165,000 | $1,908,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in FL, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Florida, and search similar information at your convenience.