Mercantile National Bank Of In
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Mercantile National Bank Of In 2004 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 | 1,853 |
| Total Mortgage Loan Application Amount | $155,406,000 |
| Average Mortgage Loan Application Amount | $111,851 |
| Highest Mortgage Loan Application Amount | $1,200,000 |
| Average Applicant Income | $74,296 |
| Highest Applicant Income | $1,289,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 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 2004 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 2004.
| 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 | 955 | $ 70,818,000 | $ 74,000 | $ 68,000 |
| Porter County Indiana | 194 | $ 21,151,000 | $ 109,000 | $ 88,000 |
| Cook County Illinois | 78 | $ 11,114,000 | $ 142,000 | $ 68,000 |
| LaPorte County Indiana | 25 | $ 2,521,000 | $ 100,000 | $ 67,000 |
| Will County Illinois | 9 | $ 1,011,000 | $ 112,000 | $ 80,000 |
| Allegan County Michigan | 9 | $ 858,000 | $ 95,000 | $ 36,000 |
| Lawrence County Indiana | 8 | $ 418,000 | $ 52,000 | $ 38,000 |
| Newton County Indiana | 8 | $ 554,000 | $ 69,000 | $ 35,000 |
| Vigo County Indiana | 8 | $ 451,000 | $ 56,000 | $ 47,000 |
| Jackson County Michigan | 8 | $ 891,000 | $ 111,000 | $ 71,000 |
| Newaygo County Michigan | 8 | $ 613,000 | $ 76,000 | $ 53,000 |
| Hamilton County Indiana | 7 | $ 451,000 | $ 64,000 | $ 52,000 |
| Harrison County Indiana | 7 | $ 356,000 | $ 50,000 | $ 48,000 |
| Jasper County Indiana | 7 | $ 577,000 | $ 82,000 | $ 46,000 |
| Madison County Indiana | 7 | $ 481,000 | $ 68,000 | $ 29,000 |
| Sullivan County Indiana | 7 | $ 245,000 | $ 35,000 | $ 41,000 |
| Kosciusko County Indiana | 6 | $ 357,000 | $ 59,000 | $ 39,000 |
| LaGrange County Indiana | 6 | $ 408,000 | $ 68,000 | $ 59,000 |
| Monroe County Indiana | 6 | $ 330,000 | $ 55,000 | $ 40,000 |
| Parke County Indiana | 6 | $ 312,000 | $ 52,000 | $ 36,000 |
| St. Joseph County Indiana | 6 | $ 309,000 | $ 51,000 | $ 45,000 |
| Montcalm County Michigan | 6 | $ 365,000 | $ 60,000 | $ 40,000 |
| St. Louis County Missouri | 6 | $ 657,000 | $ 109,000 | $ 48,000 |
| Jefferson County Tennessee | 6 | $ 309,000 | $ 51,000 | $ 43,000 |
| Jennings County Indiana | 5 | $ 371,000 | $ 74,000 | $ 36,000 |
| Washington County Indiana | 5 | $ 324,000 | $ 64,000 | $ 54,000 |
| White County Indiana | 5 | $ 319,000 | $ 63,000 | $ 46,000 |
| Bullitt County Kentucky | 5 | $ 305,000 | $ 61,000 | $ 53,000 |
| Berrien County Michigan | 5 | $ 648,000 | $ 129,000 | $ 59,000 |
| Calhoun County Michigan | 5 | $ 510,000 | $ 102,000 | $ 57,000 |
| Wayne County Michigan | 5 | $ 478,000 | $ 95,000 | $ 60,000 |
| St. Francois County Missouri | 5 | $ 302,000 | $ 60,000 | $ 81,000 |
| Clinton County Ohio | 5 | $ 306,000 | $ 61,000 | $ 52,000 |
| Allen County Indiana | 4 | $ 298,000 | $ 74,000 | $ 43,000 |
| Carroll County Indiana | 4 | $ 245,000 | $ 61,000 | $ 39,000 |
| Cass County Indiana | 4 | $ 316,000 | $ 79,000 | $ 63,000 |
| Crawford County Indiana | 4 | $ 195,000 | $ 48,000 | $ 43,000 |
| Marion County Indiana | 4 | $ 351,000 | $ 87,000 | $ 45,000 |
| Posey County Indiana | 4 | $ 184,000 | $ 46,000 | $ 55,000 |
| Knox County Kentucky | 4 | $ 289,000 | $ 72,000 | $ 58,000 |
| Meade County Kentucky | 4 | $ 337,000 | $ 84,000 | $ 45,000 |
| Cass County Michigan | 4 | $ 288,000 | $ 72,000 | $ 51,000 |
| Ionia County Michigan | 4 | $ 270,000 | $ 67,000 | $ 35,000 |
| Shiawassee County Michigan | 4 | $ 534,000 | $ 133,000 | $ 76,000 |
| Jefferson County Missouri | 4 | $ 359,000 | $ 89,000 | $ 52,000 |
| Knox County Tennessee | 4 | $ 308,000 | $ 77,000 | $ 52,000 |
| Robertson County Tennessee | 4 | $ 205,000 | $ 51,000 | $ 40,000 |
| Smith County Tennessee | 4 | $ 284,000 | $ 71,000 | $ 52,000 |
| Washington County Tennessee | 4 | $ 252,000 | $ 63,000 | $ 27,000 |
| Champaign County Illinois | 3 | $ 279,000 | $ 93,000 | $ 61,000 |
| DuPage County Illinois | 3 | $ 694,000 | $ 231,000 | $ 96,000 |
| St. Clair County Illinois | 3 | $ 176,000 | $ 58,000 | $ 38,000 |
| Tazewell County Illinois | 3 | $ 310,000 | $ 103,000 | $ 34,000 |
| Clay County Indiana | 3 | $ 234,000 | $ 78,000 | $ 49,000 |
| Clinton County Indiana | 3 | $ 173,000 | $ 57,000 | $ 23,000 |
| Fountain County Indiana | 3 | $ 152,000 | $ 50,000 | $ 31,000 |
| Jackson County Indiana | 3 | $ 190,000 | $ 63,000 | $ 45,000 |
| Johnson County Indiana | 3 | $ 270,000 | $ 90,000 | $ 99,000 |
| Putnam County Indiana | 3 | $ 254,000 | $ 84,000 | $ 32,000 |
| Shelby County Indiana | 3 | $ 207,000 | $ 69,000 | $ 72,000 |
| Starke County Indiana | 3 | $ 611,000 | $ 203,000 | $ 51,000 |
| Tippecanoe County Indiana | 3 | $ 358,000 | $ 119,000 | $ 51,000 |
| Christian County Kentucky | 3 | $ 101,000 | $ 33,000 | $ 39,000 |
| Franklin County Kentucky | 3 | $ 201,000 | $ 67,000 | $ 60,000 |
| Union County Kentucky | 3 | $ 138,000 | $ 46,000 | $ 41,000 |
| Webster County Kentucky | 3 | $ 168,000 | $ 56,000 | $ 30,000 |
| Kent County Michigan | 3 | $ 282,000 | $ 94,000 | $ 48,000 |
| Oakland County Michigan | 3 | $ 482,000 | $ 160,000 | $ 108,000 |
| Van Buren County Michigan | 3 | $ 181,000 | $ 60,000 | $ 34,000 |
| Greene County Missouri | 3 | $ 318,000 | $ 106,000 | $ 25,000 |
| Macon County Missouri | 3 | $ 128,000 | $ 42,000 | $ 28,000 |
| Webster County Missouri | 3 | $ 220,000 | $ 73,000 | $ 50,000 |
| Brown County Ohio | 3 | $ 185,000 | $ 61,000 | $ 37,000 |
| Hamilton County Ohio | 3 | $ 191,000 | $ 63,000 | $ 45,000 |
| Licking County Ohio | 3 | $ 195,000 | $ 65,000 | $ 42,000 |
| Cumberland County Tennessee | 3 | $ 146,000 | $ 48,000 | $ 38,000 |
| Wilson County Tennessee | 3 | $ 227,000 | $ 75,000 | $ 57,000 |
| Madison County Illinois | 2 | $ 120,000 | $ 60,000 | $ 41,000 |
| Marion County Illinois | 2 | $ 153,000 | $ 76,000 | $ 43,000 |
| Boone County Indiana | 2 | $ 94,000 | $ 47,000 | $ 30,000 |
| Brown County Indiana | 2 | $ 120,000 | $ 60,000 | $ 27,000 |
| Floyd County Indiana | 2 | $ 109,000 | $ 54,000 | $ 48,000 |
| Henry County Indiana | 2 | $ 183,000 | $ 91,000 | $ 37,000 |
| Noble County Indiana | 2 | $ 40,000 | $ 20,000 | $ 76,000 |
| Owen County Indiana | 2 | $ 154,000 | $ 77,000 | $ 42,000 |
| Randolph County Indiana | 2 | $ 112,000 | $ 56,000 | $ 83,000 |
| Scott County Indiana | 2 | $ 88,000 | $ 44,000 | $ 32,000 |
| Spencer County Indiana | 2 | $ 89,000 | $ 44,000 | $ 51,000 |
| Steuben County Indiana | 2 | $ 128,000 | $ 64,000 | $ 40,000 |
| Wabash County Indiana | 2 | $ 71,000 | $ 35,000 | $ 44,000 |
| Wayne County Indiana | 2 | $ 131,000 | $ 65,000 | $ 42,000 |
| Black Hawk County Iowa | 2 | $ 133,000 | $ 66,000 | $ 60,000 |
| Butler County Kansas | 2 | $ 112,000 | $ 56,000 | $ 52,000 |
| Campbell County Kentucky | 2 | $ 161,000 | $ 80,000 | $ 48,000 |
| Crittenden County Kentucky | 2 | $ 55,000 | $ 27,000 | $ 42,000 |
| Garrard County Kentucky | 2 | $ 79,000 | $ 39,000 | $ 29,000 |
| Laurel County Kentucky | 2 | $ 62,000 | $ 31,000 | $ 50,000 |
| Marshall County Kentucky | 2 | $ 90,000 | $ 45,000 | $ 55,000 |
| Pulaski County Kentucky | 2 | $ 204,000 | $ 102,000 | $ 30,000 |
| Trimble County Kentucky | 2 | $ 140,000 | $ 70,000 | $ 51,000 |
| Whitley County Kentucky | 2 | $ 174,000 | $ 87,000 | $ 37,000 |
| Clinton County Michigan | 2 | $ 123,000 | $ 61,000 | $ 54,000 |
| Eaton County Michigan | 2 | $ 234,000 | $ 117,000 | $ 42,000 |
| Emmet County Michigan | 2 | $ 102,000 | $ 51,000 | $ 38,000 |
| Genesee County Michigan | 2 | $ 272,000 | $ 136,000 | $ 131,000 |
| Kalamazoo County Michigan | 2 | $ 263,000 | $ 131,000 | $ 69,000 |
| Midland County Michigan | 2 | $ 115,000 | $ 57,000 | $ 46,000 |
| Muskegon County Michigan | 2 | $ 266,000 | $ 133,000 | $ 57,000 |
| Ogemaw County Michigan | 2 | $ 78,000 | $ 39,000 | $ 29,000 |
| Osceola County Michigan | 2 | $ 112,000 | $ 56,000 | $ 28,000 |
| Ottawa County Michigan | 2 | $ 200,000 | $ 100,000 | $ 42,000 |
| Saginaw County Michigan | 2 | $ 162,000 | $ 81,000 | $ 115,000 |
| St. Joseph County Michigan | 2 | $ 102,000 | $ 51,000 | $ 38,000 |
| Morrison County Minnesota | 2 | $ 233,000 | $ 116,000 | $ 46,000 |
| Howell County Missouri | 2 | $ 306,000 | $ 153,000 | $ 102,000 |
| Johnson County Missouri | 2 | $ 190,000 | $ 95,000 | $ 40,000 |
| Laclede County Missouri | 2 | $ 104,000 | $ 52,000 | $ 38,000 |
| Pettis County Missouri | 2 | $ 87,000 | $ 43,000 | $ 50,000 |
| Allen County Ohio | 2 | $ 158,000 | $ 79,000 | $ 38,000 |
| Clermont County Ohio | 2 | $ 110,000 | $ 55,000 | $ 31,000 |
| Franklin County Ohio | 2 | $ 151,000 | $ 75,000 | $ 43,000 |
| Highland County Ohio | 2 | $ 145,000 | $ 72,000 | $ 27,000 |
| Medina County Ohio | 2 | $ 117,000 | $ 58,000 | $ 38,000 |
| Montgomery County Ohio | 2 | $ 222,000 | $ 111,000 | $ 51,000 |
| Ross County Ohio | 2 | $ 82,000 | $ 41,000 | $ 22,000 |
| Union County Ohio | 2 | $ 115,000 | $ 57,000 | $ 37,000 |
| Bradley County Tennessee | 2 | $ 78,000 | $ 39,000 | $ 34,000 |
| Cheatham County Tennessee | 2 | $ 79,000 | $ 39,000 | $ 25,000 |
| Coffee County Tennessee | 2 | $ 80,000 | $ 40,000 | $ 34,000 |
| Overton County Tennessee | 2 | $ 76,000 | $ 38,000 | $ 55,000 |
| Sumner County Tennessee | 2 | $ 86,000 | $ 43,000 | $ 23,000 |
| El Paso County Colorado | 1 | $ 128,000 | $ 128,000 | $ 37,000 |
| Leon County Florida | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
| Palm Beach County Florida | 1 | $ 324,000 | $ 324,000 | $ 175,000 |
| Pinellas County Florida | 1 | $ 304,000 | $ 304,000 | $ 393,000 |
| Gwinnett County Georgia | 1 | $ 220,000 | $ 220,000 | $ 125,000 |
| Crawford County Illinois | 1 | $ 86,000 | $ 86,000 | $ 46,000 |
| Edgar County Illinois | 1 | $ 77,000 | $ 77,000 | $ 47,000 |
| Iroquois County Illinois | 1 | $ 65,000 | $ 65,000 | $ 18,000 |
| Jefferson County Illinois | 1 | $ 54,000 | $ 54,000 | $ 44,000 |
| LaSalle County Illinois | 1 | $ 13,000 | $ 13,000 | $ 48,000 |
| Macoupin County Illinois | 1 | $ 85,000 | $ 85,000 | $ 94,000 |
| Peoria County Illinois | 1 | $ 61,000 | $ 61,000 | $ 25,000 |
| Wayne County Illinois | 1 | $ 78,000 | $ 78,000 | $ 42,000 |
| Dubois County Indiana | 1 | $ 71,000 | $ 71,000 | $ 30,000 |
| Franklin County Indiana | 1 | $ 122,000 | $ 122,000 | $ 46,000 |
| Grant County Indiana | 1 | $ 43,000 | $ 43,000 | $ 38,000 |
| Hancock County Indiana | 1 | $ 37,000 | $ 37,000 | $ 72,000 |
| Huntington County Indiana | 1 | $ 66,000 | $ 66,000 | $ 40,000 |
| Marshall County Indiana | 1 | $ 89,000 | $ 89,000 | $ 46,000 |
| Montgomery County Indiana | 1 | $ 130,000 | $ 130,000 | $ 75,000 |
| Pike County Indiana | 1 | $ 138,000 | $ 138,000 | $ 62,000 |
| Vanderburgh County Indiana | 1 | $ 32,000 | $ 32,000 | $ 29,000 |
| Warrick County Indiana | 1 | $ 101,000 | $ 101,000 | $ 48,000 |
| Guthrie County Iowa | 1 | $ 75,000 | $ 75,000 | $ 30,000 |
| Bath County Kentucky | 1 | $ 52,000 | $ 52,000 | $ 48,000 |
| Bell County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
| Boyd County Kentucky | 1 | $ 20,000 | $ 20,000 | $ 36,000 |
| Breckinridge County Kentucky | 1 | $ 82,000 | $ 82,000 | $ 31,000 |
| Daviess County Kentucky | 1 | $ 87,000 | $ 87,000 | $ 84,000 |
| Hickman County Kentucky | 1 | $ 50,000 | $ 50,000 | $ 47,000 |
| Johnson County Kentucky | 1 | $ 58,000 | $ 58,000 | $ 32,000 |
| Montgomery County Kentucky | 1 | $ 136,000 | $ 136,000 | $ 55,000 |
| Muhlenberg County Kentucky | 1 | $ 60,000 | $ 60,000 | $ 33,000 |
| Ohio County Kentucky | 1 | $ 72,000 | $ 72,000 | $ 37,000 |
| Perry County Kentucky | 1 | $ 57,000 | $ 57,000 | $ 18,000 |
| Rockcastle County Kentucky | 1 | $ 56,000 | $ 56,000 | $ 42,000 |
| Washington County Kentucky | 1 | $ 61,000 | $ 61,000 | $ 30,000 |
| Wayne County Kentucky | 1 | $ 73,000 | $ 73,000 | $ 30,000 |
| Alcona County Michigan | 1 | $ 63,000 | $ 63,000 | $ 61,000 |
| Branch County Michigan | 1 | $ 145,000 | $ 145,000 | $ 42,000 |
| Crawford County Michigan | 1 | $ 102,000 | $ 102,000 | $ 26,000 |
| Ingham County Michigan | 1 | $ 83,000 | $ 83,000 | $ 23,000 |
| Iosco County Michigan | 1 | $ 112,000 | $ 112,000 | $ 46,000 |
| Livingston County Michigan | 1 | $ 18,000 | $ 18,000 | $ 62,000 |
| Mackinac County Michigan | 1 | $ 105,000 | $ 105,000 | $ 28,000 |
| Mason County Michigan | 1 | $ 124,000 | $ 124,000 | $ 43,000 |
| Mecosta County Michigan | 1 | $ 74,000 | $ 74,000 | $ 33,000 |
| Monroe County Michigan | 1 | $ 244,000 | $ 244,000 | $ 77,000 |
| Oceana County Michigan | 1 | $ 88,000 | $ 88,000 | $ 47,000 |
| Tuscola County Michigan | 1 | $ 93,000 | $ 93,000 | $ 28,000 |
| Anoka County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 28,000 |
| Crow Wing County Minnesota | 1 | $ 150,000 | $ 150,000 | $ 58,000 |
| Mille Lacs County Minnesota | 1 | $ 144,000 | $ 144,000 | $ 44,000 |
| Pine County Minnesota | 1 | $ 140,000 | $ 140,000 | $ 33,000 |
| Washington County Minnesota | 1 | $ 252,000 | $ 252,000 | $ 130,000 |
| Christian County Missouri | 1 | $ 75,000 | $ 75,000 | $ 17,000 |
| Jasper County Missouri | 1 | $ 61,000 | $ 61,000 | $ 26,000 |
| Linn County Missouri | 1 | $ 76,000 | $ 76,000 | $ 26,000 |
| Ray County Missouri | 1 | $ 105,000 | $ 105,000 | $ 67,000 |
| Saline County Missouri | 1 | $ 30,000 | $ 30,000 | $ 73,000 |
| Stoddard County Missouri | 1 | $ 68,000 | $ 68,000 | $ 58,000 |
| Texas County Missouri | 1 | $ 211,000 | $ 211,000 | $ 105,000 |
| Mecklenburg County North Carolina | 1 | $ 204,000 | $ 204,000 | $ 170,000 |
| Butler County Ohio | 1 | $ 122,000 | $ 122,000 | $ 44,000 |
| Fairfield County Ohio | 1 | $ 138,000 | $ 138,000 | $ 55,000 |
| Hocking County Ohio | 1 | $ 88,000 | $ 88,000 | $ 49,000 |
| Paulding County Ohio | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
| Pickaway County Ohio | 1 | $ 108,000 | $ 108,000 | $ 55,000 |
| Van Wert County Ohio | 1 | $ 60,000 | $ 60,000 | $ 23,000 |
| Wyandot County Ohio | 1 | $ 10,000 | $ 10,000 | $ 51,000 |
| Oconee County South Carolina | 1 | $ 150,000 | $ 150,000 | $ 68,000 |
| Carter County Tennessee | 1 | $ 50,000 | $ 50,000 | $ 28,000 |
| Davidson County Tennessee | 1 | $ 150,000 | $ 150,000 | $ 43,000 |
| Franklin County Tennessee | 1 | $ 93,000 | $ 93,000 | $ 34,000 |
| Hamilton County Tennessee | 1 | $ 92,000 | $ 92,000 | $ 50,000 |
| Henry County Tennessee | 1 | $ 70,000 | $ 70,000 | $ 27,000 |
| Loudon County Tennessee | 1 | $ 92,000 | $ 92,000 | $ 33,000 |
| Macon County Tennessee | 1 | $ 54,000 | $ 54,000 | $ 32,000 |
| Maury County Tennessee | 1 | $ 131,000 | $ 131,000 | $ 47,000 |
| Moore County Tennessee | 1 | $ 86,000 | $ 86,000 | $ 36,000 |
| Roane County Tennessee | 1 | $ 59,000 | $ 59,000 | $ 44,000 |
| Rutherford County Tennessee | 1 | $ 113,000 | $ 113,000 | $ 114,000 |
| Sevier County Tennessee | 1 | $ 201,000 | $ 201,000 | $ 98,000 |
| Shelby County Tennessee | 1 | $ 40,000 | $ 40,000 | $ 52,000 |
| Tipton County Tennessee | 1 | $ 86,000 | $ 86,000 | $ 76,000 |
| Warren County Tennessee | 1 | $ 44,000 | $ 44,000 | $ 20,000 |
Mortgage Loan Application Detail Totals for Mercantile National Bank Of In in 2004
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 | 887 | $80,144,000 | $112,333 | $1,200,000 | $85,833 | $1,289,000 |
| Home Purchase | 603 | $65,252,000 | $124,307 | $980,000 | $66,769 | $711,000 |
| Home Improvement | 363 | $10,010,000 | $28,000 | $350,000 | $54,000 | $210,000 |
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 | 1,372 | $118,199,000 | $129,666 | $1,200,000 | $79,533 | $1,289,000 |
| Black or African American | 252 | $16,176,000 | $78,625 | $1,200,000 | $50,250 | $600,000 |
| Hispanic | 167 | $12,129,000 | $87,666 | $319,000 | $57,333 | $750,000 |
| Not Provided | 30 | $3,838,000 | $200,000 | $980,000 | $58,000 | $711,000 |
| Not applicable | 14 | $2,962,000 | $180,000 | $599,000 | $28,500 | $206,000 |
| Asian | 9 | $1,537,000 | $136,500 | $472,000 | $91,000 | $275,000 |
| American Indian or Alaskan Native | 5 | $303,000 | $59,500 | $98,000 | $62,000 | $78,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $262,000 | $65,000 | $148,000 | $66,000 | $183,000 |
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) | 1,852 | $155,381,000 | $120,187 | $1,200,000 | $72,562 | $1,289,000 |
| FHA-insured (Federal Housing Administration) | 1 | $25,000 | $25,000 | $25,000 | $152,000 | $152,000 |
| 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 | 1,300 | $113,159,000 | $113,923 | $1,200,000 | $75,076 | $1,289,000 |
| Application Denied By Financial Institution | 293 | $18,244,000 | $82,000 | $1,200,000 | $40,875 | $330,000 |
| Application Approved But Not Accepted | 145 | $9,936,000 | $71,625 | $215,000 | $46,000 | $163,000 |
| Preapproval Denied by Financial Institution | 72 | $8,758,000 | $121,000 | $400,000 | $46,000 | $380,000 |
| Application Withdrawn By Applicant | 22 | $2,225,000 | $101,666 | $330,000 | $77,000 | $600,000 |
| File Closed For Incompleteness | 20 | $2,974,000 | $138,250 | $300,000 | $64,500 | $135,000 |
| Preapproval Approved but not Accepted | 1 | $110,000 | $110,000 | $110,000 | $39,000 | $39,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 167 | $8,777,000 | $79,875 | $400,000 | $44,625 | $380,000 |
| Debt-To-Income Ratio | 124 | $12,002,000 | $103,666 | $1,200,000 | $44,500 | $250,000 |
| Other | 31 | $3,412,000 | $99,333 | $250,000 | $57,666 | $330,000 |
| Collateral | 28 | $1,459,000 | $81,000 | $158,000 | $63,500 | $179,000 |
| Employment History | 7 | $633,000 | $83,666 | $144,000 | $42,000 | $59,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $345,000 | $98,500 | $124,000 | $64,000 | $71,000 |
| Unverifiable Information | 3 | $224,000 | $70,000 | $124,000 | $36,000 | $56,000 |
| Credit Application Incomplete | 1 | $150,000 | $150,000 | $150,000 | $55,000 | $55,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mercantile National Bank Of In's 2004 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.
For a list of all lenders in Indiana, download the full spreadsheet
with aggregated HMDA statistics today.