Merchants Bank Of Indiana
HMDA Loan Application Totals
and Mortgage Lending Details
for 2019
Merchants Bank Of Indiana 2019 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 | Merchants Bank Of Indiana 11555 N. Meridian Street Indianapolis, IN 46032 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2019 with Merchants Bank Of Indiana. 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 Merchants Bank Of Indiana's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2019 breaks down Merchants Bank Of Indiana'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 Merchants Bank Of Indiana serves its applicants.
Each category highlights the total number of mortgage applications processed by Merchants Bank Of Indiana, 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 Merchants Bank Of Indiana's mortgage activity for 2019.
| 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants Bank Of Indiana's 2019 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 Merchants Bank Of Indiana'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.