Mercantile National Bank Of In
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Mercantile National Bank Of In 2003 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 | Mercantile National Bank Of In 5243 Hohman Avenue Hammond, IN 46320 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,323 |
| Total Mortgage Loan Application Amount | $227,910,000 |
| Average Mortgage Loan Application Amount | $99,222 |
| Highest Mortgage Loan Application Amount | $947,000 |
| Average Applicant Income | $59,166 |
| Highest Applicant Income | $1,986,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Mercantile National Bank Of In. 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 Mercantile National Bank Of In's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Mercantile National Bank Of In'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 Mercantile National Bank Of In serves its applicants.
Each category highlights the total number of mortgage applications processed by Mercantile National Bank Of In, 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 Mercantile National Bank Of In's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Lake County Indiana | 1,187 | $ 104,551,000 | $ 88,000 | $ 64,000 |
| Porter County Indiana | 331 | $ 40,788,000 | $ 123,000 | $ 74,000 |
| Cook County Illinois | 115 | $ 14,533,000 | $ 126,000 | $ 72,000 |
| LaPorte County Indiana | 31 | $ 3,371,000 | $ 108,000 | $ 91,000 |
| Marion County Indiana | 24 | $ 2,576,000 | $ 107,000 | $ 74,000 |
| Will County Illinois | 20 | $ 2,638,000 | $ 131,000 | $ 91,000 |
| Kent County Michigan | 17 | $ 1,893,000 | $ 111,000 | $ 49,000 |
| Wayne County Michigan | 16 | $ 2,559,000 | $ 159,000 | $ 71,000 |
| Laurel County Kentucky | 14 | $ 1,196,000 | $ 85,000 | $ 50,000 |
| Genesee County Michigan | 14 | $ 1,751,000 | $ 125,000 | $ 57,000 |
| Allen County Indiana | 13 | $ 1,005,000 | $ 77,000 | $ 39,000 |
| Jasper County Indiana | 12 | $ 1,543,000 | $ 128,000 | $ 79,000 |
| Newton County Indiana | 11 | $ 667,000 | $ 60,000 | $ 49,000 |
| Jackson County Missouri | 10 | $ 1,083,000 | $ 108,000 | $ 80,000 |
| St. Louis County Missouri | 10 | $ 1,190,000 | $ 119,000 | $ 97,000 |
| Greene County Indiana | 9 | $ 471,000 | $ 52,000 | $ 60,000 |
| Berrien County Michigan | 9 | $ 1,437,000 | $ 159,000 | $ 72,000 |
| Kalamazoo County Michigan | 9 | $ 1,051,000 | $ 116,000 | $ 46,000 |
| Madison County Illinois | 8 | $ 873,000 | $ 109,000 | $ 77,000 |
| St. Clair County Illinois | 8 | $ 587,000 | $ 73,000 | $ 58,000 |
| Tazewell County Illinois | 8 | $ 727,000 | $ 90,000 | $ 52,000 |
| Hamilton County Indiana | 8 | $ 1,308,000 | $ 163,000 | $ 110,000 |
| Pulaski County Kentucky | 8 | $ 705,000 | $ 88,000 | $ 62,000 |
| Allegan County Michigan | 8 | $ 794,000 | $ 99,000 | $ 59,000 |
| Oakland County Michigan | 8 | $ 1,738,000 | $ 217,000 | $ 66,000 |
| Hennepin County Minnesota | 8 | $ 1,415,000 | $ 176,000 | $ 57,000 |
| DuPage County Illinois | 7 | $ 1,242,000 | $ 177,000 | $ 162,000 |
| Vigo County Indiana | 7 | $ 475,000 | $ 67,000 | $ 45,000 |
| Fulton County Illinois | 6 | $ 341,000 | $ 56,000 | $ 41,000 |
| Lake County Illinois | 6 | $ 182,000 | $ 30,000 | $ 81,000 |
| Rock Island County Illinois | 6 | $ 613,000 | $ 102,000 | $ 90,000 |
| Van Buren County Michigan | 6 | $ 446,000 | $ 74,000 | $ 48,000 |
| Greene County Missouri | 6 | $ 572,000 | $ 95,000 | $ 46,000 |
| Montgomery County Ohio | 6 | $ 730,000 | $ 121,000 | $ 53,000 |
| Edgar County Illinois | 5 | $ 347,000 | $ 69,000 | $ 32,000 |
| Morgan County Indiana | 5 | $ 442,000 | $ 88,000 | $ 15,000 |
| Starke County Indiana | 5 | $ 392,000 | $ 78,000 | $ 50,000 |
| Vanderburgh County Indiana | 5 | $ 258,000 | $ 51,000 | $ 31,000 |
| Wayne County Indiana | 5 | $ 438,000 | $ 87,000 | $ 55,000 |
| White County Indiana | 5 | $ 382,000 | $ 76,000 | $ 47,000 |
| Jefferson County Kentucky | 5 | $ 473,000 | $ 94,000 | $ 61,000 |
| Whitley County Kentucky | 5 | $ 441,000 | $ 88,000 | $ 32,000 |
| Macomb County Michigan | 5 | $ 921,000 | $ 184,000 | $ 68,000 |
| Butler County Ohio | 5 | $ 490,000 | $ 98,000 | $ 48,000 |
| Logan County Illinois | 4 | $ 407,000 | $ 101,000 | $ 42,000 |
| DeKalb County Indiana | 4 | $ 287,000 | $ 71,000 | $ 66,000 |
| Elkhart County Indiana | 4 | $ 332,000 | $ 83,000 | $ 35,000 |
| Jennings County Indiana | 4 | $ 371,000 | $ 92,000 | $ 46,000 |
| Tippecanoe County Indiana | 4 | $ 318,000 | $ 79,000 | $ 68,000 |
| Warrick County Indiana | 4 | $ 296,000 | $ 74,000 | $ 42,000 |
| Harlan County Kentucky | 4 | $ 320,000 | $ 80,000 | $ 53,000 |
| Barry County Michigan | 4 | $ 394,000 | $ 98,000 | $ 44,000 |
| Saginaw County Michigan | 4 | $ 286,000 | $ 71,000 | $ 64,000 |
| St. Louis City County Missouri | 4 | $ 316,000 | $ 79,000 | $ 38,000 |
| Perry County Ohio | 4 | $ 332,000 | $ 83,000 | $ 47,000 |
| Macon County Illinois | 3 | $ 139,000 | $ 46,000 | $ 86,000 |
| Sangamon County Illinois | 3 | $ 368,000 | $ 122,000 | $ 75,000 |
| Clay County Indiana | 3 | $ 228,000 | $ 76,000 | $ 38,000 |
| Lawrence County Indiana | 3 | $ 283,000 | $ 94,000 | $ 53,000 |
| Noble County Indiana | 3 | $ 185,000 | $ 61,000 | $ 48,000 |
| Owen County Indiana | 3 | $ 202,000 | $ 67,000 | $ 60,000 |
| St. Joseph County Indiana | 3 | $ 268,000 | $ 89,000 | $ 82,000 |
| Vermillion County Indiana | 3 | $ 177,000 | $ 59,000 | $ 39,000 |
| Bullitt County Kentucky | 3 | $ 368,000 | $ 122,000 | $ 55,000 |
| Knott County Kentucky | 3 | $ 261,000 | $ 87,000 | $ 56,000 |
| Branch County Michigan | 3 | $ 181,000 | $ 60,000 | $ 25,000 |
| Calhoun County Michigan | 3 | $ 338,000 | $ 112,000 | $ 75,000 |
| Ingham County Michigan | 3 | $ 459,000 | $ 153,000 | $ 60,000 |
| St. Charles County Missouri | 3 | $ 450,000 | $ 150,000 | $ 71,000 |
| Columbiana County Ohio | 3 | $ 347,000 | $ 115,000 | $ 45,000 |
| Fulton County Ohio | 3 | $ 366,000 | $ 122,000 | $ 67,000 |
| Champaign County Illinois | 2 | $ 187,000 | $ 93,000 | $ 39,000 |
| Crawford County Illinois | 2 | $ 166,000 | $ 83,000 | $ 97,000 |
| Douglas County Illinois | 2 | $ 166,000 | $ 83,000 | $ 31,000 |
| Kane County Illinois | 2 | $ 245,000 | $ 122,000 | $ 26,000 |
| Lawrence County Illinois | 2 | $ 116,000 | $ 58,000 | $ 35,000 |
| Marion County Illinois | 2 | $ 101,000 | $ 50,000 | $ 37,000 |
| McLean County Illinois | 2 | $ 228,000 | $ 114,000 | $ 50,000 |
| Peoria County Illinois | 2 | $ 152,000 | $ 76,000 | $ 36,000 |
| Saline County Illinois | 2 | $ 110,000 | $ 55,000 | $ 42,000 |
| Vermilion County Illinois | 2 | $ 90,000 | $ 45,000 | $ 27,000 |
| Bartholomew County Indiana | 2 | $ 117,000 | $ 58,000 | $ 41,000 |
| Carroll County Indiana | 2 | $ 121,000 | $ 60,000 | $ 38,000 |
| Cass County Indiana | 2 | $ 136,000 | $ 68,000 | $ 41,000 |
| Clark County Indiana | 2 | $ 91,000 | $ 45,000 | $ 50,000 |
| Dearborn County Indiana | 2 | $ 299,000 | $ 149,000 | $ 105,000 |
| Dubois County Indiana | 2 | $ 131,000 | $ 65,000 | $ 49,000 |
| Harrison County Indiana | 2 | $ 122,000 | $ 61,000 | $ 49,000 |
| Hendricks County Indiana | 2 | $ 222,000 | $ 111,000 | $ 41,000 |
| Henry County Indiana | 2 | $ 169,000 | $ 84,000 | $ 26,000 |
| Howard County Indiana | 2 | $ 185,000 | $ 92,000 | $ 46,000 |
| Jackson County Indiana | 2 | $ 112,000 | $ 56,000 | $ 55,000 |
| Kosciusko County Indiana | 2 | $ 125,000 | $ 62,000 | $ 43,000 |
| LaGrange County Indiana | 2 | $ 104,000 | $ 52,000 | $ 19,000 |
| Marshall County Indiana | 2 | $ 211,000 | $ 105,000 | $ 56,000 |
| Monroe County Indiana | 2 | $ 165,000 | $ 82,000 | $ 158,000 |
| Orange County Indiana | 2 | $ 169,000 | $ 84,000 | $ 34,000 |
| Randolph County Indiana | 2 | $ 125,000 | $ 62,000 | $ 26,000 |
| Sullivan County Indiana | 2 | $ 78,000 | $ 39,000 | $ 52,000 |
| Wabash County Indiana | 2 | $ 203,000 | $ 101,000 | $ 41,000 |
| Wells County Indiana | 2 | $ 72,000 | $ 36,000 | $ 31,000 |
| Knox County Kentucky | 2 | $ 275,000 | $ 137,000 | $ 80,000 |
| Perry County Kentucky | 2 | $ 130,000 | $ 65,000 | $ 35,000 |
| Wayne County Kentucky | 2 | $ 189,000 | $ 94,000 | $ 73,000 |
| Webster County Kentucky | 2 | $ 88,000 | $ 44,000 | $ 39,000 |
| Cass County Michigan | 2 | $ 182,000 | $ 91,000 | $ 47,000 |
| Clinton County Michigan | 2 | $ 268,000 | $ 134,000 | $ 55,000 |
| Hillsdale County Michigan | 2 | $ 200,000 | $ 100,000 | $ 50,000 |
| Jackson County Michigan | 2 | $ 162,000 | $ 81,000 | $ 34,000 |
| Mecosta County Michigan | 2 | $ 335,000 | $ 167,000 | $ 59,000 |
| Muskegon County Michigan | 2 | $ 225,000 | $ 112,000 | $ 30,000 |
| Osceola County Michigan | 2 | $ 164,000 | $ 82,000 | $ 40,000 |
| Ottawa County Michigan | 2 | $ 294,000 | $ 147,000 | $ 70,000 |
| Washtenaw County Michigan | 2 | $ 326,000 | $ 163,000 | $ 64,000 |
| Otter Tail County Minnesota | 2 | $ 104,000 | $ 52,000 | $ 29,000 |
| Ramsey County Minnesota | 2 | $ 170,000 | $ 85,000 | $ 63,000 |
| Christian County Missouri | 2 | $ 215,000 | $ 107,000 | $ 51,000 |
| Franklin County Missouri | 2 | $ 152,000 | $ 76,000 | $ 33,000 |
| Henry County Missouri | 2 | $ 107,000 | $ 53,000 | $ 44,000 |
| Jefferson County Missouri | 2 | $ 246,000 | $ 123,000 | $ 74,000 |
| Newton County Missouri | 2 | $ 93,000 | $ 46,000 | $ 48,000 |
| St. Francois County Missouri | 2 | $ 148,000 | $ 74,000 | $ 38,000 |
| Allen County Ohio | 2 | $ 99,000 | $ 49,000 | $ 40,000 |
| Clark County Ohio | 2 | $ 43,000 | $ 21,000 | $ 43,000 |
| Franklin County Ohio | 2 | $ 305,000 | $ 152,000 | $ 80,000 |
| Hamilton County Ohio | 2 | $ 196,000 | $ 98,000 | $ 46,000 |
| Highland County Ohio | 2 | $ 256,000 | $ 128,000 | $ 74,000 |
| Mahoning County Ohio | 2 | $ 206,000 | $ 103,000 | $ 41,000 |
| Morgan County Ohio | 2 | $ 68,000 | $ 34,000 | $ 40,000 |
| Morrow County Ohio | 2 | $ 69,000 | $ 34,000 | $ 48,000 |
| Wood County Ohio | 2 | $ 90,000 | $ 45,000 | $ 38,000 |
| Bond County Illinois | 1 | $ 17,000 | $ 17,000 | $ 39,000 |
| Boone County Illinois | 1 | $ 162,000 | $ 162,000 | $ 50,000 |
| Clark County Illinois | 1 | $ 50,000 | $ 50,000 | $ 38,000 |
| Coles County Illinois | 1 | $ 46,000 | $ 46,000 | $ 20,000 |
| Edwards County Illinois | 1 | $ 56,000 | $ 56,000 | $ 42,000 |
| Franklin County Illinois | 1 | $ 40,000 | $ 40,000 | $ 15,000 |
| Grundy County Illinois | 1 | $ 26,000 | $ 26,000 | $ 92,000 |
| Jersey County Illinois | 1 | $ 92,000 | $ 92,000 | $ 92,000 |
| Kankakee County Illinois | 1 | $ 93,000 | $ 93,000 | $ 28,000 |
| Kendall County Illinois | 1 | $ 19,000 | $ 19,000 | $ 60,000 |
| Knox County Illinois | 1 | $ 71,000 | $ 71,000 | $ 43,000 |
| Macoupin County Illinois | 1 | $ 76,000 | $ 76,000 | $ 42,000 |
| Marshall County Illinois | 1 | $ 43,000 | $ 43,000 | $ 49,000 |
| McHenry County Illinois | 1 | $ 192,000 | $ 192,000 | $ 49,000 |
| Montgomery County Illinois | 1 | $ 96,000 | $ 96,000 | $ 26,000 |
| Richland County Illinois | 1 | $ 81,000 | $ 81,000 | $ 29,000 |
| Shelby County Illinois | 1 | $ 57,000 | $ 57,000 | $ 48,000 |
| Wabash County Illinois | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Adams County Indiana | 1 | $ 60,000 | $ 60,000 | $ 24,000 |
| Daviess County Indiana | 1 | $ 40,000 | $ 40,000 | $ 14,000 |
| Delaware County Indiana | 1 | $ 76,000 | $ 76,000 | $ 37,000 |
| Gibson County Indiana | 1 | $ 89,000 | $ 89,000 | $ 56,000 |
| Huntington County Indiana | 1 | $ 86,000 | $ 86,000 | $ 54,000 |
| Jay County Indiana | 1 | $ 65,000 | $ 65,000 | $ 46,000 |
| Johnson County Indiana | 1 | $ 84,000 | $ 84,000 | $ 43,000 |
| Knox County Indiana | 1 | $ 114,000 | $ 114,000 | $ 53,000 |
| Madison County Indiana | 1 | $ 77,000 | $ 77,000 | $ 54,000 |
| Miami County Indiana | 1 | $ 76,000 | $ 76,000 | $ 54,000 |
| Pike County Indiana | 1 | $ 69,000 | $ 69,000 | $ 72,000 |
| Posey County Indiana | 1 | $ 90,000 | $ 90,000 | $ 24,000 |
| Putnam County Indiana | 1 | $ 113,000 | $ 113,000 | $ 76,000 |
| Whitley County Indiana | 1 | $ 47,000 | $ 47,000 | $ 16,000 |
| Bell County Kentucky | 1 | $ 108,000 | $ 108,000 | $ 81,000 |
| Breathitt County Kentucky | 1 | $ 66,000 | $ 66,000 | $ 18,000 |
| Breckinridge County Kentucky | 1 | $ 88,000 | $ 88,000 | $ 27,000 |
| Campbell County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| Carter County Kentucky | 1 | $ 77,000 | $ 77,000 | $ 42,000 |
| Grayson County Kentucky | 1 | $ 42,000 | $ 42,000 | $ 23,000 |
| Hardin County Kentucky | 1 | $ 86,000 | $ 86,000 | $ 47,000 |
| Jessamine County Kentucky | 1 | $ 62,000 | $ 62,000 | $ 27,000 |
| Leslie County Kentucky | 1 | $ 60,000 | $ 60,000 | $ 66,000 |
| McCreary County Kentucky | 1 | $ 37,000 | $ 37,000 | $ 31,000 |
| Nelson County Kentucky | 1 | $ 76,000 | $ 76,000 | $ 42,000 |
| Rowan County Kentucky | 1 | $ 90,000 | $ 90,000 | $ 57,000 |
| Taylor County Kentucky | 1 | $ 20,000 | $ 20,000 | $ 18,000 |
| Union County Kentucky | 1 | $ 54,000 | $ 54,000 | $ 60,000 |
| Alpena County Michigan | 1 | $ 108,000 | $ 108,000 | $ 64,000 |
| Ionia County Michigan | 1 | $ 106,000 | $ 106,000 | $ 62,000 |
| Isabella County Michigan | 1 | $ 92,000 | $ 92,000 | $ 27,000 |
| Lake County Michigan | 1 | $ 76,000 | $ 76,000 | $ 48,000 |
| Lenawee County Michigan | 1 | $ 149,000 | $ 149,000 | $ 96,000 |
| Livingston County Michigan | 1 | $ 246,000 | $ 246,000 | $ 66,000 |
| Mason County Michigan | 1 | $ 67,000 | $ 67,000 | $ 22,000 |
| Montcalm County Michigan | 1 | $ 62,000 | $ 62,000 | $ 42,000 |
| Oceana County Michigan | 1 | $ 108,000 | $ 108,000 | $ 45,000 |
| Shiawassee County Michigan | 1 | $ 119,000 | $ 119,000 | $ 28,000 |
| St. Joseph County Michigan | 1 | $ 100,000 | $ 100,000 | $ 192,000 |
| Tuscola County Michigan | 1 | $ 98,000 | $ 98,000 | $ 21,000 |
| Anoka County Minnesota | 1 | $ 176,000 | $ 176,000 | $ 42,000 |
| Carlton County Minnesota | 1 | $ 60,000 | $ 60,000 | $ 30,000 |
| Chippewa County Minnesota | 1 | $ 74,000 | $ 74,000 | $ 43,000 |
| Chisago County Minnesota | 1 | $ 43,000 | $ 43,000 | $ 67,000 |
| Crow Wing County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 46,000 |
| Dakota County Minnesota | 1 | $ 195,000 | $ 195,000 | $ 79,000 |
| Lyon County Minnesota | 1 | $ 43,000 | $ 43,000 | $ 28,000 |
| Scott County Minnesota | 1 | $ 24,000 | $ 24,000 | $ 59,000 |
| St. Louis County Minnesota | 1 | $ 106,000 | $ 106,000 | $ 43,000 |
| Benton County Missouri | 1 | $ 42,000 | $ 42,000 | $ 26,000 |
| Boone County Missouri | 1 | $ 76,000 | $ 76,000 | $ 26,000 |
| Callaway County Missouri | 1 | $ 65,000 | $ 65,000 | $ 40,000 |
| Camden County Missouri | 1 | $ 84,000 | $ 84,000 | $ 45,000 |
| Cape Girardeau County Missouri | 1 | $ 90,000 | $ 90,000 | $ 45,000 |
| Cass County Missouri | 1 | $ 171,000 | $ 171,000 | $ 196,000 |
| Laclede County Missouri | 1 | $ 225,000 | $ 225,000 | $ 48,000 |
| Lincoln County Missouri | 1 | $ 22,000 | $ 22,000 | $ 94,000 |
| Polk County Missouri | 1 | $ 40,000 | $ 40,000 | $ 18,000 |
| Randolph County Missouri | 1 | $ 49,000 | $ 49,000 | $ 28,000 |
| Webster County Missouri | 1 | $ 85,000 | $ 85,000 | $ 31,000 |
| Crawford County Ohio | 1 | $ 62,000 | $ 62,000 | $ 25,000 |
| Gallia County Ohio | 1 | $ 126,000 | $ 126,000 | $ 94,000 |
| Greene County Ohio | 1 | $ 178,000 | $ 178,000 | $ 45,000 |
| Hancock County Ohio | 1 | $ 87,000 | $ 87,000 | $ 48,000 |
| Knox County Ohio | 1 | $ 135,000 | $ 135,000 | $ 41,000 |
| Licking County Ohio | 1 | $ 29,000 | $ 29,000 | $ 57,000 |
| Medina County Ohio | 1 | $ 41,000 | $ 41,000 | $ 45,000 |
| Mercer County Ohio | 1 | $ 57,000 | $ 57,000 | $ 21,000 |
| Muskingum County Ohio | 1 | $ 28,000 | $ 28,000 | $ 68,000 |
| Preble County Ohio | 1 | $ 64,000 | $ 64,000 | $ 16,000 |
| Shelby County Ohio | 1 | $ 82,000 | $ 82,000 | $ 43,000 |
| Summit County Ohio | 1 | $ 127,000 | $ 127,000 | $ 74,000 |
| Trumbull County Ohio | 1 | $ 160,000 | $ 160,000 | $ 51,000 |
| Van Wert County Ohio | 1 | $ 82,000 | $ 82,000 | $ 55,000 |
| Warren County Ohio | 1 | $ 130,000 | $ 130,000 | $ 30,000 |
| Davidson County Tennessee | 1 | $ 50,000 | $ 50,000 | $ 50,000 |
| Robertson County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 68,000 |
Mortgage Loan Application Detail Totals for Mercantile National Bank Of In in 2003
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 (home purchase or home improvement, one-to-four family) | 1,502 | $165,922,000 | $106,875 | $947,000 | $55,750 | $1,986,000 |
| Home Purchase (one-to-four family) | 414 | $51,126,000 | $110,125 | $822,000 | $63,375 | $553,000 |
| Home Improvement (one-to-four family) | 407 | $10,862,000 | $25,000 | $250,000 | $56,000 | $482,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 1,832 | $191,411,000 | $104,000 | $947,000 | $57,375 | $1,986,000 |
| Black | 265 | $17,766,000 | $82,200 | $368,000 | $55,200 | $254,000 |
| Hispanic | 156 | $9,673,000 | $64,000 | $301,000 | $51,000 | $156,000 |
| Asian or Pacific Islander | 29 | $4,427,000 | $165,666 | $500,000 | $91,000 | $251,000 |
| Other | 26 | $3,283,000 | $166,000 | $338,000 | $68,000 | $346,000 |
| Information not provided by applicant in mail or telephone application | 15 | $1,350,000 | $93,571 | $216,000 | $63,714 | $168,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 2,323 | $227,910,000 | $101,375 | $947,000 | $56,875 | $1,986,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 1,873 | $190,114,000 | $104,000 | $947,000 | $56,125 | $1,986,000 |
| Application Denied By Financial Institution | 309 | $21,445,000 | $82,857 | $500,000 | $52,000 | $152,000 |
| Application Withdrawn By Applicant | 90 | $9,544,000 | $93,714 | $338,000 | $57,142 | $290,000 |
| File Closed For Incompleteness | 36 | $5,324,000 | $145,500 | $532,000 | $74,500 | $298,000 |
| Application Approved But Not Accepted | 14 | $1,368,000 | $131,750 | $269,000 | $135,250 | $360,000 |
| Loan Purchased By The Institution | 1 | $115,000 | $115,000 | $115,000 | $32,000 | $32,000 |
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 |
|---|---|---|---|---|---|---|
| Credit History | 156 | $7,783,000 | $73,166 | $500,000 | $58,000 | $135,000 |
| Debt-To-Income Ratio | 85 | $7,491,000 | $94,000 | $323,000 | $43,000 | $152,000 |
| Other | 27 | $2,339,000 | $82,000 | $240,000 | $47,000 | $86,000 |
| Collateral | 22 | $1,836,000 | $74,333 | $205,000 | $58,833 | $134,000 |
| Employment History | 10 | $979,000 | $109,666 | $323,000 | $46,000 | $122,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,017,000 | $110,500 | $222,000 | $55,500 | $97,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mercantile National Bank Of In's 2003 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 Mercantile National Bank Of In'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.
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