Merchants Bank Of Indiana
Mortgage Loan Application
Totals and Details
for 2019
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 | 446 |
| Total Mortgage Loan Application Amount | $450,740,000 |
| Average Mortgage Loan Application Amount | $2,578,500 |
| Highest Mortgage Loan Application Amount | $28,405,000 |
| Average Applicant Income | $113,000 |
| Highest Applicant Income | $6,209,000 |
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 |
|---|---|---|---|---|
| Marion County Indiana | 123 | $ 64,555,000 | $ 524,000 | $ 109,000 |
| Hamilton County Indiana | 58 | $ 18,750,000 | $ 323,000 | $ 150,000 |
| Randolph County Indiana | 21 | $ 1,405,000 | $ 66,000 | $ 72,000 |
| Rapides County Louisiana | 15 | $ 2,995,000 | $ 199,000 | $ 84,000 |
| Los Angeles County California | 14 | $ 5,990,000 | $ 427,000 | $ 108,000 |
| Hendricks County Indiana | 10 | $ 1,440,000 | $ 144,000 | $ 76,000 |
| Ouachita County Louisiana | 10 | $ 2,590,000 | $ 259,000 | $ 91,000 |
| Cook County Illinois | 7 | $ 23,645,000 | $ 3,377,000 | $ 110,000 |
| Hamilton County Ohio | 6 | $ 51,920,000 | $ 8,653,000 | $ 116,000 |
| San Bernardino County California | 5 | $ 1,265,000 | $ 253,000 | $ 81,000 |
| Lee County Florida | 5 | $ 2,415,000 | $ 483,000 | $ 1,411,000 |
| DuPage County Illinois | 5 | $ 1,285,000 | $ 257,000 | $ 104,000 |
| Kosciusko County Indiana | 5 | $ 1,805,000 | $ 361,000 | $ 270,000 |
| Orange County California | 4 | $ 1,640,000 | $ 410,000 | $ 201,000 |
| Riverside County California | 4 | $ 18,440,000 | $ 4,610,000 | $ 90,000 |
| Boone County Indiana | 4 | $ 2,370,000 | $ 592,000 | $ 346,000 |
| Delaware County Indiana | 4 | $ 8,000,000 | $ 2,000,000 | $ 70,000 |
| Hancock County Indiana | 4 | $ 710,000 | $ 177,000 | $ 128,000 |
| Johnson County Indiana | 4 | $ 690,000 | $ 172,000 | $ 61,000 |
| La Salle County Louisiana | 4 | $ 800,000 | $ 200,000 | $ 153,000 |
| Union County Louisiana | 4 | $ 840,000 | $ 210,000 | $ 66,000 |
| Preble County Ohio | 4 | $ 320,000 | $ 80,000 | $ 266,000 |
| El Paso County Colorado | 3 | $ 975,000 | $ 325,000 | $ 300,000 |
| Collier County Florida | 3 | $ 2,755,000 | $ 918,000 | $ 742,000 |
| Allen County Indiana | 3 | $ 295,000 | $ 98,000 | $ 48,000 |
| Bartholomew County Indiana | 3 | $ 1,245,000 | $ 415,000 | $ 223,000 |
| Avoyelles County Louisiana | 3 | $ 695,000 | $ 231,000 | $ 83,000 |
| Plymouth County Massachusetts | 3 | $ 785,000 | $ 261,000 | $ 111,000 |
| Kern County California | 2 | $ 290,000 | $ 145,000 | $ 33,000 |
| Citrus County Florida | 2 | $ 1,350,000 | $ 675,000 | $ 451,000 |
| Marshall County Indiana | 2 | $ 600,000 | $ 300,000 | $ 333,000 |
| Putnam County Indiana | 2 | $ 400,000 | $ 200,000 | $ 157,000 |
| Tippecanoe County Indiana | 2 | $ 26,410,000 | $ 13,205,000 | $ 0 |
| Vanderburgh County Indiana | 2 | $ 150,000 | $ 75,000 | $ 30,000 |
| Oldham County Kentucky | 2 | $ 2,310,000 | $ 1,155,000 | $ 52,000 |
| Catahoula County Louisiana | 2 | $ 300,000 | $ 150,000 | $ 125,000 |
| Lincoln County Louisiana | 2 | $ 620,000 | $ 310,000 | $ 95,000 |
| Middlesex County Massachusetts | 2 | $ 900,000 | $ 450,000 | $ 117,000 |
| Norfolk County Massachusetts | 2 | $ 730,000 | $ 365,000 | $ 90,000 |
| Ingham County Michigan | 2 | $ 23,210,000 | $ 11,605,000 | $ 0 |
| St. Louis County Missouri | 2 | $ 500,000 | $ 250,000 | $ 133,000 |
| Franklin County Ohio | 2 | $ 36,170,000 | $ 18,085,000 | $ 0 |
| Lucas County Ohio | 2 | $ 3,960,000 | $ 1,980,000 | $ 161,000 |
| Fairfax County Virginia | 2 | $ 550,000 | $ 275,000 | $ 1,214,000 |
| Mobile County Alabama | 1 | $ 225,000 | $ 225,000 | $ 49,000 |
| Pima County Arizona | 1 | $ 205,000 | $ 205,000 | $ 57,000 |
| Fresno County California | 1 | $ 395,000 | $ 395,000 | $ 131,000 |
| Sacramento County California | 1 | $ 3,165,000 | $ 3,165,000 | $ 0 |
| San Joaquin County California | 1 | $ 125,000 | $ 125,000 | $ 144,000 |
| San Mateo County California | 1 | $ 565,000 | $ 565,000 | $ 183,000 |
| Ventura County California | 1 | $ 575,000 | $ 575,000 | $ 121,000 |
| Adams County Colorado | 1 | $ 265,000 | $ 265,000 | $ 69,000 |
| Larimer County Colorado | 1 | $ 275,000 | $ 275,000 | $ 48,000 |
| Summit County Colorado | 1 | $ 1,155,000 | $ 1,155,000 | $ 988,000 |
| Alachua County Florida | 1 | $ 75,000 | $ 75,000 | $ 26,000 |
| Brevard County Florida | 1 | $ 95,000 | $ 95,000 | $ 28,000 |
| Escambia County Florida | 1 | $ 9,505,000 | $ 9,505,000 | $ 0 |
| Hillsborough County Florida | 1 | $ 65,000 | $ 65,000 | $ 62,000 |
| Orange County Florida | 1 | $ 395,000 | $ 395,000 | $ 84,000 |
| Pasco County Florida | 1 | $ 65,000 | $ 65,000 | $ 59,000 |
| Madison County Illinois | 1 | $ 465,000 | $ 465,000 | $ 230,000 |
| Brown County Indiana | 1 | $ 365,000 | $ 365,000 | $ 874,000 |
| Clinton County Indiana | 1 | $ 65,000 | $ 65,000 | $ 35,000 |
| Dubois County Indiana | 1 | $ 6,695,000 | $ 6,695,000 | $ 0 |
| Grant County Indiana | 1 | $ 1,215,000 | $ 1,215,000 | $ 0 |
| Lake County Indiana | 1 | $ 1,605,000 | $ 1,605,000 | $ 0 |
| Madison County Indiana | 1 | $ 165,000 | $ 165,000 | $ 91,000 |
| St. Joseph County Indiana | 1 | $ 25,105,000 | $ 25,105,000 | $ 0 |
| Vigo County Indiana | 1 | $ 8,755,000 | $ 8,755,000 | $ 0 |
| Wayne County Indiana | 1 | $ 45,000 | $ 45,000 | $ 43,000 |
| White County Indiana | 1 | $ 325,000 | $ 325,000 | $ 261,000 |
| Anderson County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 300,000 |
| Campbell County Kentucky | 1 | $ 245,000 | $ 245,000 | $ 118,000 |
| Hardin County Kentucky | 1 | $ 2,475,000 | $ 2,475,000 | $ 0 |
| Jefferson County Kentucky | 1 | $ 465,000 | $ 465,000 | $ 221,000 |
| Laurel County Kentucky | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Bossier County Louisiana | 1 | $ 185,000 | $ 185,000 | $ 209,000 |
| Caddo County Louisiana | 1 | $ 255,000 | $ 255,000 | $ 156,000 |
| De Soto County Louisiana | 1 | $ 265,000 | $ 265,000 | $ 128,000 |
| Franklin County Louisiana | 1 | $ 335,000 | $ 335,000 | $ 91,000 |
| Grant County Louisiana | 1 | $ 265,000 | $ 265,000 | $ 159,000 |
| Lafayette County Louisiana | 1 | $ 135,000 | $ 135,000 | $ 119,000 |
| Lafourche County Louisiana | 1 | $ 295,000 | $ 295,000 | $ 96,000 |
| Madison County Louisiana | 1 | $ 155,000 | $ 155,000 | $ 138,000 |
| Morehouse County Louisiana | 1 | $ 195,000 | $ 195,000 | $ 94,000 |
| Richland County Louisiana | 1 | $ 45,000 | $ 45,000 | $ 45,000 |
| Bristol County Massachusetts | 1 | $ 255,000 | $ 255,000 | $ 69,000 |
| Essex County Massachusetts | 1 | $ 265,000 | $ 265,000 | $ 38,000 |
| Dodge County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 37,000 |
| Jackson County Missouri | 1 | $ 75,000 | $ 75,000 | $ 33,000 |
| Bernalillo County New Mexico | 1 | $ 65,000 | $ 65,000 | $ 26,000 |
| Oswego County New York | 1 | $ 95,000 | $ 95,000 | $ 272,000 |
| Forsyth County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 19,000 |
| Lincoln County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 117,000 |
| Pitt County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 66,000 |
| Wake County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 109,000 |
| Clermont County Ohio | 1 | $ 225,000 | $ 225,000 | $ 248,000 |
| Harrison County Ohio | 1 | $ 785,000 | $ 785,000 | $ 0 |
| Montgomery County Ohio | 1 | $ 10,485,000 | $ 10,485,000 | $ 0 |
| Wood County Ohio | 1 | $ 28,405,000 | $ 28,405,000 | $ 0 |
| Wyandot County Ohio | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Philadelphia County Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 40,000 |
| Venango County Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 27,000 |
| Chambers County Texas | 1 | $ 3,505,000 | $ 3,505,000 | $ 0 |
| Dallas County Texas | 1 | $ 3,605,000 | $ 3,605,000 | $ 0 |
| Denton County Texas | 1 | $ 335,000 | $ 335,000 | $ 317,000 |
| Galveston County Texas | 1 | $ 345,000 | $ 345,000 | $ 236,000 |
| Jack County Texas | 1 | $ 55,000 | $ 55,000 | $ 53,000 |
| Kaufman County Texas | 1 | $ 155,000 | $ 155,000 | $ 76,000 |
| Travis County Texas | 1 | $ 155,000 | $ 155,000 | $ 380,000 |
| Goochland County Virginia | 1 | $ 75,000 | $ 75,000 | $ 73,000 |
| Henrico County Virginia | 1 | $ 115,000 | $ 115,000 | $ 212,000 |
| Richmond City County Virginia | 1 | $ 75,000 | $ 75,000 | $ 105,000 |
| Hancock County West Virginia | 1 | $ 1,445,000 | $ 1,445,000 | $ 0 |
| Hardy County West Virginia | 1 | $ 1,425,000 | $ 1,425,000 | $ 0 |
| Morgan County West Virginia | 1 | $ 2,505,000 | $ 2,505,000 | $ 0 |
| Raleigh County West Virginia | 1 | $ 1,155,000 | $ 1,155,000 | $ 0 |
| Brown County Wisconsin | 1 | $ 5,325,000 | $ 5,325,000 | $ 0 |
| Calumet County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 38,000 |
| Teton County Wyoming | 1 | $ 1,325,000 | $ 1,325,000 | $ 488,000 |
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 2019
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 | 211 | $182,695,000 | $865,000 | $28,405,000 | $163,000 | $6,209,000 |
| Cash-out Refinancing | 135 | $74,475,000 | $551,000 | $22,905,000 | $144,000 | $1,225,000 |
| Refinancing | 91 | $125,935,000 | $1,383,000 | $22,015,000 | $145,000 | $500,000 |
| Home Improvement | 9 | $67,635,000 | $7,515,000 | $20,855,000 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 286 | $72,040,000 | $251,000 | $1,445,000 | $169,000 | $6,209,000 |
| Asian | 55 | $12,575,000 | $228,000 | $965,000 | $78,000 | $544,000 |
| Not applicable | 47 | $350,155,000 | $7,450,000 | $28,405,000 | $0 | $0 |
| Not Provided | 30 | $8,670,000 | $289,000 | $635,000 | $190,000 | $1,225,000 |
| Hispanic | 16 | $4,380,000 | $273,000 | $575,000 | $97,000 | $236,000 |
| Black or African American | 11 | $2,495,000 | $226,000 | $585,000 | $110,000 | $317,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $425,000 | $425,000 | $425,000 | $158,000 | $158,000 |
| 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) | 424 | $447,500,000 | $1,055,000 | $28,405,000 | $159,000 | $6,209,000 |
| FHA-insured (Federal Housing Administration) | 20 | $2,980,000 | $149,000 | $265,000 | $63,000 | $202,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $260,000 | $130,000 | $195,000 | $47,000 | $59,000 |
| 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 Originated | 301 | $414,525,000 | $1,377,000 | $28,405,000 | $171,000 | $6,209,000 |
| Loan Purchased By The Institution | 64 | $16,950,000 | $264,000 | $725,000 | $114,000 | $636,000 |
| Application Withdrawn By Applicant | 47 | $13,215,000 | $281,000 | $875,000 | $163,000 | $1,225,000 |
| Application Denied By Financial Institution | 26 | $4,290,000 | $165,000 | $485,000 | $75,000 | $441,000 |
| Application Approved But Not Accepted | 6 | $1,170,000 | $195,000 | $465,000 | $72,000 | $108,000 |
| File Closed For Incompleteness | 2 | $590,000 | $295,000 | $405,000 | $279,000 | $515,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 420 | $446,450,000 | $1,062,000 | $28,405,000 | $159,000 | $6,209,000 |
| Credit History | 11 | $1,515,000 | $137,000 | $405,000 | $85,000 | $441,000 |
| Debt-To-Income Ratio | 9 | $2,225,000 | $247,000 | $485,000 | $84,000 | $157,000 |
| Employment History | 3 | $265,000 | $88,000 | $105,000 | $39,000 | $62,000 |
| Collateral | 2 | $150,000 | $75,000 | $75,000 | $49,000 | $52,000 |
| Other | 1 | $135,000 | $135,000 | $135,000 | $32,000 | $32,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
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.