Merchants Bank Of Indiana
Mortgage Loan Application
Totals and Details
for 2016
Find mortgage loan statistics, lending data, and loan application totals for Indiana.
The mortgage statistics and data below are specific to mortgage loan applications for Merchants Bank Of Indiana.
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 | Merchants Bank Of Indiana 11555 N. Meridian Street Carmel, IN 46032 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 852 |
| Total Mortgage Loan Application Amount | $427,278,000 |
| Average Mortgage Loan Application Amount | $547,333 |
| Highest Mortgage Loan Application Amount | $25,000,000 |
| Average Applicant Income | $119,333 |
| Highest Applicant Income | $2,187,000 |
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 IN, 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 |
|---|---|---|---|---|
| Los Angeles County California | 118 | $ 50,043,000 | $ 424,000 | $ 142,000 |
| Orange County California | 89 | $ 37,604,000 | $ 422,000 | $ 135,000 |
| Marion County Indiana | 84 | $ 24,740,000 | $ 294,000 | $ 124,000 |
| Hamilton County Indiana | 76 | $ 45,631,000 | $ 600,000 | $ 192,000 |
| Santa Clara County California | 61 | $ 29,198,000 | $ 478,000 | $ 149,000 |
| San Diego County California | 43 | $ 16,772,000 | $ 390,000 | $ 126,000 |
| Alameda County California | 38 | $ 18,010,000 | $ 473,000 | $ 159,000 |
| Randolph County Indiana | 23 | $ 3,491,000 | $ 151,000 | $ 174,000 |
| San Bernardino County California | 21 | $ 7,231,000 | $ 344,000 | $ 103,000 |
| Wayne County Indiana | 19 | $ 4,336,000 | $ 228,000 | $ 164,000 |
| Riverside County California | 16 | $ 5,217,000 | $ 326,000 | $ 101,000 |
| Hendricks County Indiana | 16 | $ 2,325,000 | $ 145,000 | $ 77,000 |
| Contra Costa County California | 13 | $ 5,936,000 | $ 456,000 | $ 193,000 |
| Ventura County California | 9 | $ 3,772,000 | $ 419,000 | $ 139,000 |
| Maricopa County Arizona | 8 | $ 2,525,000 | $ 315,000 | $ 111,000 |
| Camden County New Jersey | 8 | $ 1,830,000 | $ 228,000 | $ 119,000 |
| Darke County Ohio | 8 | $ 2,267,000 | $ 283,000 | $ 476,000 |
| Snohomish County Washington | 8 | $ 2,324,000 | $ 290,000 | $ 99,000 |
| San Joaquin County California | 7 | $ 2,048,000 | $ 292,000 | $ 92,000 |
| Boone County Indiana | 7 | $ 2,196,000 | $ 313,000 | $ 136,000 |
| Sacramento County California | 6 | $ 1,400,000 | $ 233,000 | $ 62,000 |
| Sonoma County California | 6 | $ 2,184,000 | $ 364,000 | $ 110,000 |
| Johnson County Indiana | 6 | $ 4,997,000 | $ 832,000 | $ 47,000 |
| Montgomery County Pennsylvania | 6 | $ 2,193,000 | $ 365,000 | $ 180,000 |
| Philadelphia County Pennsylvania | 6 | $ 1,451,000 | $ 241,000 | $ 81,000 |
| San Francisco County California | 5 | $ 2,578,000 | $ 515,000 | $ 171,000 |
| San Mateo County California | 5 | $ 2,500,000 | $ 500,000 | $ 193,000 |
| King County Washington | 5 | $ 1,902,000 | $ 380,000 | $ 143,000 |
| Solano County California | 4 | $ 1,345,000 | $ 336,000 | $ 119,000 |
| Worcester County Maryland | 4 | $ 1,002,000 | $ 250,000 | $ 151,000 |
| Bucks County Pennsylvania | 4 | $ 1,112,000 | $ 278,000 | $ 153,000 |
| Monterey County California | 3 | $ 865,000 | $ 288,000 | $ 107,000 |
| Kosciusko County Indiana | 3 | $ 1,538,000 | $ 512,000 | $ 302,000 |
| Orange County Indiana | 3 | $ 1,895,000 | $ 631,000 | $ 0 |
| Atlantic County New Jersey | 3 | $ 701,000 | $ 233,000 | $ 229,000 |
| Burlington County New Jersey | 3 | $ 720,000 | $ 240,000 | $ 299,000 |
| Gloucester County New Jersey | 3 | $ 562,000 | $ 187,000 | $ 86,000 |
| Chester County Pennsylvania | 3 | $ 1,154,000 | $ 384,000 | $ 174,000 |
| Placer County California | 2 | $ 532,000 | $ 266,000 | $ 86,000 |
| Sarasota County Florida | 2 | $ 564,000 | $ 282,000 | $ 205,000 |
| Cook County Illinois | 2 | $ 313,000 | $ 156,000 | $ 79,000 |
| Allen County Indiana | 2 | $ 350,000 | $ 175,000 | $ 157,000 |
| Brown County Indiana | 2 | $ 568,000 | $ 284,000 | $ 309,000 |
| Hancock County Indiana | 2 | $ 239,000 | $ 119,000 | $ 63,000 |
| Vigo County Indiana | 2 | $ 536,000 | $ 268,000 | $ 245,000 |
| Baltimore County Maryland | 2 | $ 753,000 | $ 376,000 | $ 162,000 |
| Preble County Ohio | 2 | $ 406,000 | $ 203,000 | $ 72,000 |
| Berks County Pennsylvania | 2 | $ 319,000 | $ 159,000 | $ 70,000 |
| Lancaster County Pennsylvania | 2 | $ 395,000 | $ 197,000 | $ 83,000 |
| Pierce County Washington | 2 | $ 473,000 | $ 236,000 | $ 86,000 |
| Pima County Arizona | 1 | $ 403,000 | $ 403,000 | $ 118,000 |
| El Dorado County California | 1 | $ 174,000 | $ 174,000 | $ 56,000 |
| Kern County California | 1 | $ 132,000 | $ 132,000 | $ 99,000 |
| Madera County California | 1 | $ 227,000 | $ 227,000 | $ 157,000 |
| Marin County California | 1 | $ 492,000 | $ 492,000 | $ 251,000 |
| San Benito County California | 1 | $ 307,000 | $ 307,000 | $ 80,000 |
| San Luis Obispo County California | 1 | $ 287,000 | $ 287,000 | $ 147,000 |
| Santa Barbara County California | 1 | $ 479,000 | $ 479,000 | $ 180,000 |
| Boulder County Colorado | 1 | $ 344,000 | $ 344,000 | $ 73,000 |
| Denver County Colorado | 1 | $ 308,000 | $ 308,000 | $ 97,000 |
| Jefferson County Colorado | 1 | $ 271,000 | $ 271,000 | $ 101,000 |
| New Castle County Delaware | 1 | $ 352,000 | $ 352,000 | $ 164,000 |
| Alachua County Florida | 1 | $ 236,000 | $ 236,000 | $ 87,000 |
| Broward County Florida | 1 | $ 226,000 | $ 226,000 | $ 83,000 |
| Charlotte County Florida | 1 | $ 257,000 | $ 257,000 | $ 88,000 |
| Hernando County Florida | 1 | $ 300,000 | $ 300,000 | $ 93,000 |
| Lee County Florida | 1 | $ 90,000 | $ 90,000 | $ 39,000 |
| Pinellas County Florida | 1 | $ 417,000 | $ 417,000 | $ 205,000 |
| Chatham County Georgia | 1 | $ 1,280,000 | $ 1,280,000 | $ 836,000 |
| Fulton County Georgia | 1 | $ 6,700,000 | $ 6,700,000 | $ 0 |
| Kane County Illinois | 1 | $ 277,000 | $ 277,000 | $ 122,000 |
| Bartholomew County Indiana | 1 | $ 19,900,000 | $ 19,900,000 | $ 0 |
| Clinton County Indiana | 1 | $ 1,568,000 | $ 1,568,000 | $ 0 |
| Dearborn County Indiana | 1 | $ 140,000 | $ 140,000 | $ 88,000 |
| Delaware County Indiana | 1 | $ 200,000 | $ 200,000 | $ 203,000 |
| Greene County Indiana | 1 | $ 835,000 | $ 835,000 | $ 0 |
| Henry County Indiana | 1 | $ 749,000 | $ 749,000 | $ 1,675,000 |
| Jay County Indiana | 1 | $ 1,784,000 | $ 1,784,000 | $ 810,000 |
| Lawrence County Indiana | 1 | $ 1,461,000 | $ 1,461,000 | $ 0 |
| Monroe County Indiana | 1 | $ 9,400,000 | $ 9,400,000 | $ 0 |
| Morgan County Indiana | 1 | $ 102,000 | $ 102,000 | $ 65,000 |
| Perry County Indiana | 1 | $ 1,300,000 | $ 1,300,000 | $ 0 |
| Putnam County Indiana | 1 | $ 140,000 | $ 140,000 | $ 317,000 |
| Steuben County Indiana | 1 | $ 241,000 | $ 241,000 | $ 145,000 |
| Tippecanoe County Indiana | 1 | $ 6,240,000 | $ 6,240,000 | $ 0 |
| Johnson County Iowa | 1 | $ 230,000 | $ 230,000 | $ 97,000 |
| Johnson County Kansas | 1 | $ 417,000 | $ 417,000 | $ 127,000 |
| Boone County Kentucky | 1 | $ 59,000 | $ 59,000 | $ 207,000 |
| Orleans County Louisiana | 1 | $ 113,000 | $ 113,000 | $ 52,000 |
| Anne Arundel County Maryland | 1 | $ 246,000 | $ 246,000 | $ 167,000 |
| Baltimore City County Maryland | 1 | $ 220,000 | $ 220,000 | $ 170,000 |
| Harford County Maryland | 1 | $ 383,000 | $ 383,000 | $ 139,000 |
| Essex County Massachusetts | 1 | $ 198,000 | $ 198,000 | $ 64,000 |
| Hampden County Massachusetts | 1 | $ 258,000 | $ 258,000 | $ 70,000 |
| Middlesex County Massachusetts | 1 | $ 330,000 | $ 330,000 | $ 191,000 |
| Leelanau County Michigan | 1 | $ 650,000 | $ 650,000 | $ 256,000 |
| Van Buren County Michigan | 1 | $ 436,000 | $ 436,000 | $ 360,000 |
| Cass County Missouri | 1 | $ 904,000 | $ 904,000 | $ 0 |
| Johnson County Missouri | 1 | $ 11,898,000 | $ 11,898,000 | $ 0 |
| Cape May County New Jersey | 1 | $ 264,000 | $ 264,000 | $ 96,000 |
| Monmouth County New Jersey | 1 | $ 304,000 | $ 304,000 | $ 328,000 |
| Morris County New Jersey | 1 | $ 322,000 | $ 322,000 | $ 123,000 |
| Ocean County New Jersey | 1 | $ 286,000 | $ 286,000 | $ 128,000 |
| Salem County New Jersey | 1 | $ 256,000 | $ 256,000 | $ 65,000 |
| Durham County North Carolina | 1 | $ 1,950,000 | $ 1,950,000 | $ 0 |
| Lincoln County North Carolina | 1 | $ 4,987,000 | $ 4,987,000 | $ 0 |
| Moore County North Carolina | 1 | $ 201,000 | $ 201,000 | $ 64,000 |
| Orange County North Carolina | 1 | $ 12,920,000 | $ 12,920,000 | $ 0 |
| Marion County Ohio | 1 | $ 4,000,000 | $ 4,000,000 | $ 0 |
| Wood County Ohio | 1 | $ 158,000 | $ 158,000 | $ 120,000 |
| Payne County Oklahoma | 1 | $ 1,290,000 | $ 1,290,000 | $ 0 |
| Clackamas County Oregon | 1 | $ 361,000 | $ 361,000 | $ 300,000 |
| Jackson County Oregon | 1 | $ 345,000 | $ 345,000 | $ 146,000 |
| Multnomah County Oregon | 1 | $ 280,000 | $ 280,000 | $ 94,000 |
| Cumberland County Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 71,000 |
| Dauphin County Pennsylvania | 1 | $ 272,000 | $ 272,000 | $ 97,000 |
| Delaware County Pennsylvania | 1 | $ 228,000 | $ 228,000 | $ 202,000 |
| Northampton County Pennsylvania | 1 | $ 221,000 | $ 221,000 | $ 94,000 |
| Snyder County Pennsylvania | 1 | $ 341,000 | $ 341,000 | $ 155,000 |
| Westmoreland County Pennsylvania | 1 | $ 119,000 | $ 119,000 | $ 94,000 |
| York County Pennsylvania | 1 | $ 181,000 | $ 181,000 | $ 52,000 |
| Williamson County Tennessee | 1 | $ 675,000 | $ 675,000 | $ 194,000 |
| Bexar County Texas | 1 | $ 18,631,000 | $ 18,631,000 | $ 0 |
| Harris County Texas | 1 | $ 406,000 | $ 406,000 | $ 191,000 |
| Chesapeake County Virginia | 1 | $ 245,000 | $ 245,000 | $ 108,000 |
| Fairfax County Virginia | 1 | $ 409,000 | $ 409,000 | $ 152,000 |
| Hanover County Virginia | 1 | $ 175,000 | $ 175,000 | $ 30,000 |
| Clark County Washington | 1 | $ 212,000 | $ 212,000 | $ 49,000 |
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 Indiana,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Merchants Bank Of Indiana 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 | 574 | $213,757,000 | $372,000 | $1,784,000 | $145,000 | $1,675,000 |
| Home Purchase | 268 | $208,596,000 | $778,000 | $25,000,000 | $146,000 | $2,187,000 |
| Home Improvement | 10 | $4,925,000 | $492,000 | $1,950,000 | $67,000 | $246,000 |
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 | 437 | $127,809,000 | $292,000 | $1,784,000 | $161,000 | $2,187,000 |
| Asian | 275 | $120,374,000 | $437,000 | $717,000 | $143,000 | $1,073,000 |
| Not Provided | 50 | $15,805,000 | $316,000 | $625,000 | $131,000 | $348,000 |
| Hispanic | 39 | $12,998,000 | $333,000 | $675,000 | $100,000 | $244,000 |
| Not applicable | 30 | $142,949,000 | $4,764,000 | $25,000,000 | $0 | $0 |
| Black or African American | 14 | $4,285,000 | $306,000 | $650,000 | $126,000 | $267,000 |
| Native Hawaiin or Other Pacific Islander | 4 | $1,801,000 | $450,000 | $550,000 | $183,000 | $297,000 |
| American Indian or Alaskan Native | 3 | $1,257,000 | $419,000 | $470,000 | $147,000 | $229,000 |
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) | 820 | $418,547,000 | $510,000 | $25,000,000 | $143,000 | $2,187,000 |
| FHA-insured (Federal Housing Administration) | 19 | $2,693,000 | $141,000 | $228,000 | $43,000 | $96,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 13 | $6,038,000 | $464,000 | $980,000 | $389,000 | $1,675,000 |
| 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 Purchased By The Institution | 554 | $217,669,000 | $392,000 | $765,000 | $136,000 | $1,073,000 |
| Loan Originated | 226 | $192,685,000 | $852,000 | $25,000,000 | $150,000 | $2,187,000 |
| Application Withdrawn By Applicant | 34 | $7,106,000 | $209,000 | $540,000 | $215,000 | $1,196,000 |
| Application Denied By Financial Institution | 28 | $6,450,000 | $230,000 | $700,000 | $92,000 | $288,000 |
| Application Approved But Not Accepted | 7 | $2,580,000 | $368,000 | $850,000 | $504,000 | $1,675,000 |
| File Closed For Incompleteness | 3 | $788,000 | $262,000 | $383,000 | $162,000 | $263,000 |
| 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 |
|---|---|---|---|---|---|---|
| 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 IN, 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 Indiana, and search similar information at your convenience.