Merchants Bank of Indiana Mortgage Lending & HMDA Data, 2023
In 2023, Merchants Bank of Indiana of Carmel, IN reported 1,524 mortgage applications totaling $3.5 billion, down 48% from 2022. The average application was for $2,295,045, and applicants reported an average income of $209,684. 50% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Indianapolis-Carmel-Anderson, IN (335), Boston, MA (88) and St. Louis, MO-IL (69) (applications in parentheses).
| 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 | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 1,524 |
| Total Mortgage Loan Application Amount | $3,497,650,000 |
| Average Mortgage Loan Application Amount | $2,295,045 |
| Highest Mortgage Loan Application Amount | $60,855,000 |
| Average Applicant Income | $209,684 |
| Highest Applicant Income | $2,774,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Merchants Bank of Indiana filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Marion, Indiana | 160 | $ 248,080,000 | $ 1,550,500 | $ 204,000 |
| Hamilton, Indiana | 99 | $ 249,855,000 | $ 2,523,787 | $ 402,000 |
| Plymouth, Massachusetts | 70 | $ 30,730,000 | $ 439,000 | $ 171,000 |
| Maricopa, Arizona | 38 | $ 32,480,000 | $ 854,736 | $ 165,000 |
| St. Louis, Missouri | 33 | $ 68,215,000 | $ 2,067,121 | $ 156,000 |
| Cook, Illinois | 22 | $ 39,850,000 | $ 1,811,363 | $ 189,000 |
| Los Angeles, California | 20 | $ 51,080,000 | $ 2,554,000 | $ 0 |
| Allen, Indiana | 19 | $ 140,875,000 | $ 7,414,473 | $ 61,000 |
| Boone, Indiana | 18 | $ 60,340,000 | $ 3,352,222 | $ 569,000 |
| Wayne, Indiana | 18 | $ 1,700,000 | $ 94,444 | $ 84,000 |
| Montgomery, Ohio | 18 | $ 11,100,000 | $ 616,666 | $ 63,000 |
| Hendricks, Indiana | 15 | $ 14,765,000 | $ 984,333 | $ 143,000 |
| Randolph, Indiana | 15 | $ 1,435,000 | $ 95,666 | $ 76,000 |
| Norfolk, Massachusetts | 15 | $ 7,375,000 | $ 491,666 | $ 214,000 |
| Madison, Indiana | 14 | $ 11,120,000 | $ 794,285 | $ 154,000 |
| St. Louis City, Missouri | 14 | $ 3,290,000 | $ 235,000 | $ 128,000 |
| Franklin, Ohio | 14 | $ 64,710,000 | $ 4,622,142 | $ 147,000 |
| Orange, California | 12 | $ 33,540,000 | $ 2,795,000 | $ 104,000 |
| Johnson, Indiana | 12 | $ 81,120,000 | $ 6,760,000 | $ 123,000 |
| Caddo, Louisiana | 12 | $ 4,090,000 | $ 340,833 | $ 0 |
| Jefferson, Alabama | 11 | $ 4,125,000 | $ 375,000 | $ 91,000 |
| Stark, Ohio | 11 | $ 2,785,000 | $ 253,181 | $ 110,000 |
| Butler, Ohio | 10 | $ 47,130,000 | $ 4,713,000 | $ 74,000 |
| Ada, Idaho | 9 | $ 5,355,000 | $ 595,000 | $ 386,000 |
| Hancock, Indiana | 9 | $ 1,745,000 | $ 193,888 | $ 140,000 |
| DuPage, Illinois | 8 | $ 2,800,000 | $ 350,000 | $ 183,000 |
| East Baton Rouge, Louisiana | 8 | $ 3,040,000 | $ 380,000 | $ 0 |
| King, Washington | 8 | $ 35,380,000 | $ 4,422,500 | $ 169,000 |
| Baldwin, Alabama | 7 | $ 13,245,000 | $ 1,892,142 | $ 126,000 |
| Pinal, Arizona | 7 | $ 2,785,000 | $ 397,857 | $ 0 |
| Duval, Florida | 7 | $ 51,145,000 | $ 7,306,428 | $ 0 |
| Bossier, Louisiana | 7 | $ 1,975,000 | $ 282,142 | $ 117,000 |
| Rapides, Louisiana | 7 | $ 2,875,000 | $ 410,714 | $ 153,000 |
| St. Charles, Missouri | 7 | $ 2,075,000 | $ 296,428 | $ 128,000 |
| Wake, North Carolina | 7 | $ 3,905,000 | $ 557,857 | $ 349,000 |
| Greene, Ohio | 7 | $ 6,405,000 | $ 915,000 | $ 82,000 |
| Hamilton, Ohio | 7 | $ 1,135,000 | $ 162,142 | $ 113,000 |
| Summit, Ohio | 7 | $ 1,625,000 | $ 232,142 | $ 102,000 |
| Warren, Ohio | 7 | $ 24,765,000 | $ 3,537,857 | $ 155,000 |
| Davidson, Tennessee | 7 | $ 2,775,000 | $ 396,428 | $ 163,000 |
| Williamson, Tennessee | 7 | $ 9,795,000 | $ 1,399,285 | $ 0 |
| Alameda, California | 6 | $ 24,990,000 | $ 4,165,000 | $ 0 |
| Boulder, Colorado | 6 | $ 2,510,000 | $ 418,333 | $ 468,000 |
| El Paso, Colorado | 6 | $ 14,350,000 | $ 2,391,666 | $ 967,000 |
| Orange, Florida | 6 | $ 45,890,000 | $ 7,648,333 | $ 257,000 |
| Fulton, Georgia | 6 | $ 5,550,000 | $ 925,000 | $ 155,000 |
| Lafayette, Louisiana | 6 | $ 1,650,000 | $ 275,000 | $ 68,000 |
| Jefferson, Missouri | 6 | $ 1,940,000 | $ 323,333 | $ 122,000 |
| Cuyahoga, Ohio | 6 | $ 1,390,000 | $ 231,666 | $ 122,000 |
| Madison, Alabama | 5 | $ 2,735,000 | $ 547,000 | $ 466,000 |
| Riverside, California | 5 | $ 2,485,000 | $ 497,000 | $ 119,000 |
| San Diego, California | 5 | $ 6,235,000 | $ 1,247,000 | $ 158,000 |
| Jefferson, Colorado | 5 | $ 3,405,000 | $ 681,000 | $ 0 |
| Manatee, Florida | 5 | $ 5,825,000 | $ 1,165,000 | $ 354,000 |
| Pinellas, Florida | 5 | $ 2,315,000 | $ 463,000 | $ 166,000 |
| Lake, Illinois | 5 | $ 3,025,000 | $ 605,000 | $ 227,000 |
| Franklin, Indiana | 5 | $ 815,000 | $ 163,000 | $ 66,000 |
| De Soto, Louisiana | 5 | $ 1,735,000 | $ 347,000 | $ 0 |
| Franklin, Louisiana | 5 | $ 585,000 | $ 117,000 | $ 121,000 |
| Cumberland, Maine | 5 | $ 4,155,000 | $ 831,000 | $ 0 |
| Middlesex, Massachusetts | 5 | $ 1,985,000 | $ 397,000 | $ 171,000 |
| Harrison, Mississippi | 5 | $ 18,905,000 | $ 3,781,000 | $ 0 |
| Clark, Nevada | 5 | $ 2,805,000 | $ 561,000 | $ 0 |
| New York, New York | 5 | $ 48,925,000 | $ 9,785,000 | $ 0 |
| Miami, Ohio | 5 | $ 1,315,000 | $ 263,000 | $ 99,000 |
| Harris, Texas | 5 | $ 33,385,000 | $ 6,677,000 | $ 0 |
| Williamson, Texas | 5 | $ 1,545,000 | $ 309,000 | $ 0 |
| Spokane, Washington | 5 | $ 2,545,000 | $ 509,000 | $ 0 |
| Arapahoe, Colorado | 4 | $ 1,580,000 | $ 395,000 | $ 0 |
| Douglas, Colorado | 4 | $ 3,480,000 | $ 870,000 | $ 120,000 |
| Lee, Florida | 4 | $ 2,760,000 | $ 690,000 | $ 468,000 |
| Volusia, Florida | 4 | $ 2,260,000 | $ 565,000 | $ 373,000 |
| Gwinnett, Georgia | 4 | $ 47,850,000 | $ 11,962,500 | $ 120,000 |
| Canyon, Idaho | 4 | $ 3,230,000 | $ 807,500 | $ 0 |
| Monroe, Illinois | 4 | $ 1,060,000 | $ 265,000 | $ 138,000 |
| St. Clair, Illinois | 4 | $ 890,000 | $ 222,500 | $ 99,000 |
| Tazewell, Illinois | 4 | $ 77,610,000 | $ 19,402,500 | $ 0 |
| Morgan, Indiana | 4 | $ 670,000 | $ 167,500 | $ 53,000 |
| Jefferson, Kentucky | 4 | $ 73,170,000 | $ 18,292,500 | $ 0 |
| Kenton, Kentucky | 4 | $ 900,000 | $ 225,000 | $ 154,000 |
| Orleans, Louisiana | 4 | $ 37,460,000 | $ 9,365,000 | $ 124,000 |
| Ouachita, Louisiana | 4 | $ 1,200,000 | $ 300,000 | $ 196,000 |
| West Baton Rouge, Louisiana | 4 | $ 940,000 | $ 235,000 | $ 52,000 |
| Mecklenburg, North Carolina | 4 | $ 6,270,000 | $ 1,567,500 | $ 0 |
| Carroll, Ohio | 4 | $ 960,000 | $ 240,000 | $ 128,000 |
| Clermont, Ohio | 4 | $ 790,000 | $ 197,500 | $ 52,000 |
| Columbiana, Ohio | 4 | $ 760,000 | $ 190,000 | $ 73,000 |
| Pennington, South Dakota | 4 | $ 1,850,000 | $ 462,500 | $ 0 |
| Utah, Utah | 4 | $ 2,270,000 | $ 567,500 | $ 253,000 |
| Clark, Washington | 4 | $ 2,830,000 | $ 707,500 | $ 0 |
| Lee, Alabama | 3 | $ 1,615,000 | $ 538,333 | $ 668,000 |
| El Dorado, California | 3 | $ 73,275,000 | $ 24,425,000 | $ 0 |
| Sacramento, California | 3 | $ 32,085,000 | $ 10,695,000 | $ 0 |
| San Bernardino, California | 3 | $ 835,000 | $ 278,333 | $ 128,000 |
| Ventura, California | 3 | $ 1,065,000 | $ 355,000 | $ 0 |
| Adams, Colorado | 3 | $ 1,615,000 | $ 538,333 | $ 0 |
| Elbert, Colorado | 3 | $ 3,195,000 | $ 1,065,000 | $ 0 |
| Larimer, Colorado | 3 | $ 1,105,000 | $ 368,333 | $ 0 |
| Weld, Colorado | 3 | $ 1,335,000 | $ 445,000 | $ 192,000 |
| Broward, Florida | 3 | $ 1,575,000 | $ 525,000 | $ 0 |
| Sarasota, Florida | 3 | $ 3,495,000 | $ 1,165,000 | $ 1,123,000 |
| Seminole, Florida | 3 | $ 1,355,000 | $ 451,666 | $ 150,000 |
| DeKalb, Georgia | 3 | $ 35,315,000 | $ 11,771,666 | $ 169,000 |
| Bartholomew, Indiana | 3 | $ 1,225,000 | $ 408,333 | $ 347,000 |
| Delaware, Indiana | 3 | $ 18,135,000 | $ 6,045,000 | $ 48,000 |
| Howard, Indiana | 3 | $ 595,000 | $ 198,333 | $ 100,000 |
| Kosciusko, Indiana | 3 | $ 2,905,000 | $ 968,333 | $ 345,000 |
| Monroe, Indiana | 3 | $ 20,565,000 | $ 6,855,000 | $ 255,000 |
| Putnam, Indiana | 3 | $ 6,125,000 | $ 2,041,666 | $ 0 |
| Vanderburgh, Indiana | 3 | $ 34,295,000 | $ 11,431,666 | $ 0 |
| St. Tammany, Louisiana | 3 | $ 905,000 | $ 301,666 | $ 0 |
| Bristol, Massachusetts | 3 | $ 1,435,000 | $ 478,333 | $ 158,000 |
| Suffolk, Massachusetts | 3 | $ 1,615,000 | $ 538,333 | $ 145,000 |
| Worcester, Massachusetts | 3 | $ 1,155,000 | $ 385,000 | $ 128,000 |
| Kent, Michigan | 3 | $ 13,865,000 | $ 4,621,666 | $ 0 |
| Lamar, Mississippi | 3 | $ 685,000 | $ 228,333 | $ 47,000 |
| Jackson, Missouri | 3 | $ 22,335,000 | $ 7,445,000 | $ 0 |
| Bergen, New Jersey | 3 | $ 1,435,000 | $ 478,333 | $ 194,000 |
| Westchester, New York | 3 | $ 42,005,000 | $ 14,001,666 | $ 0 |
| Buncombe, North Carolina | 3 | $ 1,235,000 | $ 411,666 | $ 0 |
| Champaign, Ohio | 3 | $ 535,000 | $ 178,333 | $ 82,000 |
| Delaware, Ohio | 3 | $ 965,000 | $ 321,666 | $ 115,000 |
| Hays, Texas | 3 | $ 925,000 | $ 308,333 | $ 0 |
| Travis, Texas | 3 | $ 18,105,000 | $ 6,035,000 | $ 0 |
| Fairfax, Virginia | 3 | $ 1,795,000 | $ 598,333 | $ 113,000 |
| Stafford, Virginia | 3 | $ 1,245,000 | $ 415,000 | $ 150,000 |
| Cullman, Alabama | 2 | $ 1,460,000 | $ 730,000 | $ 637,000 |
| Etowah, Alabama | 2 | $ 290,000 | $ 145,000 | $ 0 |
| Marshall, Alabama | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Tuscaloosa, Alabama | 2 | $ 410,000 | $ 205,000 | $ 77,000 |
| Matanuska-Susitna, Alaska | 2 | $ 14,310,000 | $ 7,155,000 | $ 0 |
| Yavapai, Arizona | 2 | $ 620,000 | $ 310,000 | $ 76,000 |
| Jefferson, Arkansas | 2 | $ 7,330,000 | $ 3,665,000 | $ 135,000 |
| Contra Costa, California | 2 | $ 5,260,000 | $ 2,630,000 | $ 0 |
| Nevada, California | 2 | $ 1,740,000 | $ 870,000 | $ 280,000 |
| San Mateo, California | 2 | $ 1,790,000 | $ 895,000 | $ 0 |
| Santa Cruz, California | 2 | $ 3,140,000 | $ 1,570,000 | $ 0 |
| Stanislaus, California | 2 | $ 870,000 | $ 435,000 | $ 267,000 |
| Mesa, Colorado | 2 | $ 870,000 | $ 435,000 | $ 0 |
| Hillsborough, Florida | 2 | $ 720,000 | $ 360,000 | $ 73,000 |
| Miami-Dade, Florida | 2 | $ 6,360,000 | $ 3,180,000 | $ 88,000 |
| Palm Beach, Florida | 2 | $ 1,470,000 | $ 735,000 | $ 186,000 |
| Polk, Florida | 2 | $ 920,000 | $ 460,000 | $ 115,000 |
| St. Johns, Florida | 2 | $ 4,350,000 | $ 2,175,000 | $ 1,029,000 |
| Walton, Florida | 2 | $ 3,480,000 | $ 1,740,000 | $ 0 |
| Ben Hill, Georgia | 2 | $ 28,850,000 | $ 14,425,000 | $ 0 |
| Cherokee, Georgia | 2 | $ 630,000 | $ 315,000 | $ 78,000 |
| Cobb, Georgia | 2 | $ 2,810,000 | $ 1,405,000 | $ 420,000 |
| Douglas, Georgia | 2 | $ 2,830,000 | $ 1,415,000 | $ 0 |
| Elbert, Georgia | 2 | $ 250,000 | $ 125,000 | $ 37,000 |
| Richmond, Georgia | 2 | $ 9,780,000 | $ 4,890,000 | $ 0 |
| Honolulu, Hawaii | 2 | $ 2,510,000 | $ 1,255,000 | $ 0 |
| McHenry, Illinois | 2 | $ 4,690,000 | $ 2,345,000 | $ 148,000 |
| Will, Illinois | 2 | $ 1,160,000 | $ 580,000 | $ 289,000 |
| Clinton, Indiana | 2 | $ 1,990,000 | $ 995,000 | $ 0 |
| Lake, Indiana | 2 | $ 23,090,000 | $ 11,545,000 | $ 37,000 |
| Union, Indiana | 2 | $ 70,000 | $ 35,000 | $ 62,000 |
| Dallas, Iowa | 2 | $ 24,090,000 | $ 12,045,000 | $ 0 |
| Campbell, Kentucky | 2 | $ 310,000 | $ 155,000 | $ 82,000 |
| Ascension, Louisiana | 2 | $ 600,000 | $ 300,000 | $ 0 |
| Livingston, Louisiana | 2 | $ 520,000 | $ 260,000 | $ 0 |
| Frederick, Maryland | 2 | $ 520,000 | $ 260,000 | $ 258,000 |
| Wayne, Michigan | 2 | $ 6,260,000 | $ 3,130,000 | $ 212,000 |
| Forrest, Mississippi | 2 | $ 840,000 | $ 420,000 | $ 236,000 |
| Hancock, Mississippi | 2 | $ 640,000 | $ 320,000 | $ 0 |
| Hinds, Mississippi | 2 | $ 23,430,000 | $ 11,715,000 | $ 0 |
| Clay, Missouri | 2 | $ 440,000 | $ 220,000 | $ 91,000 |
| Gallatin, Montana | 2 | $ 2,980,000 | $ 1,490,000 | $ 0 |
| Douglas, Nebraska | 2 | $ 1,760,000 | $ 880,000 | $ 0 |
| Sarpy, Nebraska | 2 | $ 49,920,000 | $ 24,960,000 | $ 0 |
| Washoe, Nevada | 2 | $ 730,000 | $ 365,000 | $ 324,000 |
| Hillsborough, New Hampshire | 2 | $ 710,000 | $ 355,000 | $ 0 |
| Burlington, New Jersey | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Union, New Jersey | 2 | $ 33,150,000 | $ 16,575,000 | $ 0 |
| Chatham, North Carolina | 2 | $ 1,690,000 | $ 845,000 | $ 183,000 |
| Johnston, North Carolina | 2 | $ 800,000 | $ 400,000 | $ 0 |
| Union, North Carolina | 2 | $ 810,000 | $ 405,000 | $ 0 |
| Brown, Ohio | 2 | $ 380,000 | $ 190,000 | $ 93,000 |
| Clark, Ohio | 2 | $ 380,000 | $ 190,000 | $ 73,000 |
| Fairfield, Ohio | 2 | $ 410,000 | $ 205,000 | $ 70,000 |
| Josephine, Oregon | 2 | $ 58,820,000 | $ 29,410,000 | $ 0 |
| Multnomah, Oregon | 2 | $ 1,150,000 | $ 575,000 | $ 0 |
| Fayette, Pennsylvania | 2 | $ 24,540,000 | $ 12,270,000 | $ 0 |
| Montgomery, Pennsylvania | 2 | $ 980,000 | $ 490,000 | $ 144,000 |
| San Juan, Puerto Rico | 2 | $ 32,200,000 | $ 16,100,000 | $ 0 |
| Beaufort, South Carolina | 2 | $ 2,630,000 | $ 1,315,000 | $ 521,000 |
| Greenville, South Carolina | 2 | $ 670,000 | $ 335,000 | $ 255,000 |
| Horry, South Carolina | 2 | $ 330,000 | $ 165,000 | $ 0 |
| Minnehaha, South Dakota | 2 | $ 70,160,000 | $ 35,080,000 | $ 0 |
| Hamilton, Tennessee | 2 | $ 460,000 | $ 230,000 | $ 0 |
| Rutherford, Tennessee | 2 | $ 1,260,000 | $ 630,000 | $ 0 |
| Sevier, Tennessee | 2 | $ 790,000 | $ 395,000 | $ 91,000 |
| Wilson, Tennessee | 2 | $ 1,080,000 | $ 540,000 | $ 0 |
| Denton, Texas | 2 | $ 1,200,000 | $ 600,000 | $ 346,000 |
| Hidalgo, Texas | 2 | $ 2,800,000 | $ 1,400,000 | $ 0 |
| Lubbock, Texas | 2 | $ 4,970,000 | $ 2,485,000 | $ 0 |
| Montgomery, Texas | 2 | $ 550,000 | $ 275,000 | $ 121,000 |
| Tarrant, Texas | 2 | $ 16,210,000 | $ 8,105,000 | $ 185,000 |
| Davis, Utah | 2 | $ 1,850,000 | $ 925,000 | $ 0 |
| Salt Lake, Utah | 2 | $ 37,970,000 | $ 18,985,000 | $ 0 |
| Brown, Wisconsin | 2 | $ 630,000 | $ 315,000 | $ 230,000 |
| Dane, Wisconsin | 2 | $ 19,350,000 | $ 9,675,000 | $ 0 |
| Blount, Alabama | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Chilton, Alabama | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Hale, Alabama | 1 | $ 295,000 | $ 295,000 | $ 78,000 |
| Jackson, Alabama | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Limestone, Alabama | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Mobile, Alabama | 1 | $ 285,000 | $ 285,000 | $ 160,000 |
| St. Clair, Alabama | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Anchorage, Alaska | 1 | $ 445,000 | $ 445,000 | $ 0 |
| Coconino, Arizona | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Pima, Arizona | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Benton, Arkansas | 1 | $ 42,285,000 | $ 42,285,000 | $ 0 |
| Lonoke, Arkansas | 1 | $ 175,000 | $ 175,000 | $ 65,000 |
| Pulaski, Arkansas | 1 | $ 85,000 | $ 85,000 | $ 87,000 |
| Amador, California | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Butte, California | 1 | $ 21,255,000 | $ 21,255,000 | $ 0 |
| Lassen, California | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Monterey, California | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Napa, California | 1 | $ 745,000 | $ 745,000 | $ 0 |
| Placer, California | 1 | $ 545,000 | $ 545,000 | $ 0 |
| San Joaquin, California | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Santa Clara, California | 1 | $ 645,000 | $ 645,000 | $ 0 |
| Tulare, California | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Yuba, California | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Broomfield, Colorado | 1 | $ 405,000 | $ 405,000 | $ 136,000 |
| Clear Creek, Colorado | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Delta, Colorado | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Denver, Colorado | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Eagle, Colorado | 1 | $ 4,915,000 | $ 4,915,000 | $ 2,774,000 |
| Garfield, Colorado | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Montezuma, Colorado | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Routt, Colorado | 1 | $ 1,415,000 | $ 1,415,000 | $ 0 |
| Fairfield, Connecticut | 1 | $ 3,005,000 | $ 3,005,000 | $ 0 |
| Hartford, Connecticut | 1 | $ 885,000 | $ 885,000 | $ 658,000 |
| New Castle, Delaware | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Sussex, Delaware | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Bay, Florida | 1 | $ 49,205,000 | $ 49,205,000 | $ 0 |
| Brevard, Florida | 1 | $ 8,125,000 | $ 8,125,000 | $ 0 |
| Citrus, Florida | 1 | $ 255,000 | $ 255,000 | $ 216,000 |
| Escambia, Florida | 1 | $ 9,665,000 | $ 9,665,000 | $ 0 |
| Lake, Florida | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Marion, Florida | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Osceola, Florida | 1 | $ 725,000 | $ 725,000 | $ 729,000 |
| Pasco, Florida | 1 | $ 935,000 | $ 935,000 | $ 0 |
| St. Lucie, Florida | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Bryan, Georgia | 1 | $ 945,000 | $ 945,000 | $ 0 |
| Bulloch, Georgia | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Butts, Georgia | 1 | $ 285,000 | $ 285,000 | $ 67,000 |
| Carroll, Georgia | 1 | $ 485,000 | $ 485,000 | $ 260,000 |
| Columbia, Georgia | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Dade, Georgia | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Forsyth, Georgia | 1 | $ 545,000 | $ 545,000 | $ 181,000 |
| Gilmer, Georgia | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Glynn, Georgia | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Jackson, Georgia | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Muscogee, Georgia | 1 | $ 11,445,000 | $ 11,445,000 | $ 0 |
| Putnam, Georgia | 1 | $ 725,000 | $ 725,000 | $ 307,000 |
| Spalding, Georgia | 1 | $ 3,245,000 | $ 3,245,000 | $ 0 |
| Walker, Georgia | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Maui, Hawaii | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Bonner, Idaho | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Kootenai, Idaho | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Teton, Idaho | 1 | $ 945,000 | $ 945,000 | $ 0 |
| Valley, Idaho | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Kane, Illinois | 1 | $ 295,000 | $ 295,000 | $ 81,000 |
| Madison, Illinois | 1 | $ 515,000 | $ 515,000 | $ 203,000 |
| Woodford, Illinois | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Brown, Indiana | 1 | $ 365,000 | $ 365,000 | $ 492,000 |
| Carroll, Indiana | 1 | $ 265,000 | $ 265,000 | $ 100,000 |
| Crawford, Indiana | 1 | $ 175,000 | $ 175,000 | $ 364,000 |
| Fayette, Indiana | 1 | $ 365,000 | $ 365,000 | $ 182,000 |
| Grant, Indiana | 1 | $ 55,000 | $ 55,000 | $ 231,000 |
| Greene, Indiana | 1 | $ 465,000 | $ 465,000 | $ 178,000 |
| Henry, Indiana | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Huntington, Indiana | 1 | $ 4,565,000 | $ 4,565,000 | $ 0 |
| Jackson, Indiana | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Jay, Indiana | 1 | $ 65,000 | $ 65,000 | $ 15,000 |
| LaPorte, Indiana | 1 | $ 25,255,000 | $ 25,255,000 | $ 0 |
| Lawrence, Indiana | 1 | $ 205,000 | $ 205,000 | $ 417,000 |
| Miami, Indiana | 1 | $ 155,000 | $ 155,000 | $ 96,000 |
| Montgomery, Indiana | 1 | $ 5,045,000 | $ 5,045,000 | $ 0 |
| Orange, Indiana | 1 | $ 7,965,000 | $ 7,965,000 | $ 0 |
| Porter, Indiana | 1 | $ 175,000 | $ 175,000 | $ 74,000 |
| St. Joseph, Indiana | 1 | $ 60,855,000 | $ 60,855,000 | $ 0 |
| Tipton, Indiana | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Vigo, Indiana | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Wabash, Indiana | 1 | $ 75,000 | $ 75,000 | $ 212,000 |
| Lee, Iowa | 1 | $ 4,375,000 | $ 4,375,000 | $ 0 |
| Johnson, Kansas | 1 | $ 745,000 | $ 745,000 | $ 0 |
| Linn, Kansas | 1 | $ 325,000 | $ 325,000 | $ 343,000 |
| Boone, Kentucky | 1 | $ 245,000 | $ 245,000 | $ 79,000 |
| Fayette, Kentucky | 1 | $ 295,000 | $ 295,000 | $ 113,000 |
| Jessamine, Kentucky | 1 | $ 335,000 | $ 335,000 | $ 175,000 |
| Lincoln, Kentucky | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
| Oldham, Kentucky | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Pulaski, Kentucky | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Acadia, Louisiana | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Avoyelles, Louisiana | 1 | $ 275,000 | $ 275,000 | $ 126,000 |
| Calcasieu, Louisiana | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Jefferson, Louisiana | 1 | $ 175,000 | $ 175,000 | $ 182,000 |
| Lincoln, Louisiana | 1 | $ 355,000 | $ 355,000 | $ 143,000 |
| Pointe Coupee, Louisiana | 1 | $ 115,000 | $ 115,000 | $ 69,000 |
| St. Martin, Louisiana | 1 | $ 145,000 | $ 145,000 | $ 71,000 |
| Washington, Louisiana | 1 | $ 155,000 | $ 155,000 | $ 47,000 |
| Webster, Louisiana | 1 | $ 365,000 | $ 365,000 | $ 0 |
| West Carroll, Louisiana | 1 | $ 165,000 | $ 165,000 | $ 131,000 |
| Hancock, Maine | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Kennebec, Maine | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Oxford, Maine | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Baltimore, Maryland | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Cecil, Maryland | 1 | $ 9,475,000 | $ 9,475,000 | $ 0 |
| Harford, Maryland | 1 | $ 57,505,000 | $ 57,505,000 | $ 0 |
| Montgomery, Maryland | 1 | $ 655,000 | $ 655,000 | $ 144,000 |
| Prince George's, Maryland | 1 | $ 775,000 | $ 775,000 | $ 0 |
| Washington, Maryland | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Barnstable, Massachusetts | 1 | $ 475,000 | $ 475,000 | $ 924,000 |
| Berkshire, Massachusetts | 1 | $ 185,000 | $ 185,000 | $ 145,000 |
| Essex, Massachusetts | 1 | $ 615,000 | $ 615,000 | $ 190,000 |
| Branch, Michigan | 1 | $ 1,495,000 | $ 1,495,000 | $ 0 |
| Calhoun, Michigan | 1 | $ 16,505,000 | $ 16,505,000 | $ 0 |
| Houghton, Michigan | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Lapeer, Michigan | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Monroe, Michigan | 1 | $ 49,685,000 | $ 49,685,000 | $ 0 |
| Hennepin, Minnesota | 1 | $ 22,005,000 | $ 22,005,000 | $ 0 |
| Ramsey, Minnesota | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Sibley, Minnesota | 1 | $ 455,000 | $ 455,000 | $ 121,000 |
| Stearns, Minnesota | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Washington, Minnesota | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Amite, Mississippi | 1 | $ 185,000 | $ 185,000 | $ 81,000 |
| Coahoma, Mississippi | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Covington, Mississippi | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Jones, Mississippi | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Lawrence, Mississippi | 1 | $ 55,000 | $ 55,000 | $ 57,000 |
| Lincoln, Mississippi | 1 | $ 95,000 | $ 95,000 | $ 121,000 |
| Pike, Mississippi | 1 | $ 105,000 | $ 105,000 | $ 62,000 |
| Rankin, Mississippi | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Simpson, Mississippi | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Walthall, Mississippi | 1 | $ 285,000 | $ 285,000 | $ 205,000 |
| Wayne, Mississippi | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Gasconade, Missouri | 1 | $ 225,000 | $ 225,000 | $ 74,000 |
| Stone, Missouri | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Flathead, Montana | 1 | $ 855,000 | $ 855,000 | $ 0 |
| Missoula, Montana | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Dodge, Nebraska | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Belknap, New Hampshire | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Cheshire, New Hampshire | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Rockingham, New Hampshire | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Essex, New Jersey | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Hudson, New Jersey | 1 | $ 16,605,000 | $ 16,605,000 | $ 0 |
| Middlesex, New Jersey | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Monmouth, New Jersey | 1 | $ 1,665,000 | $ 1,665,000 | $ 0 |
| Ocean, New Jersey | 1 | $ 195,000 | $ 195,000 | $ 113,000 |
| Sussex, New Jersey | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Colfax, New Mexico | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Cabarrus, North Carolina | 1 | $ 5,255,000 | $ 5,255,000 | $ 0 |
| Carteret, North Carolina | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Cumberland, North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Gaston, North Carolina | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Guilford, North Carolina | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Harnett, North Carolina | 1 | $ 7,005,000 | $ 7,005,000 | $ 0 |
| Lee, North Carolina | 1 | $ 7,505,000 | $ 7,505,000 | $ 0 |
| New Hanover, North Carolina | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Rowan, North Carolina | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Stanly, North Carolina | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Vance, North Carolina | 1 | $ 8,075,000 | $ 8,075,000 | $ 0 |
| Wayne, North Carolina | 1 | $ 3,005,000 | $ 3,005,000 | $ 0 |
| Wilson, North Carolina | 1 | $ 8,005,000 | $ 8,005,000 | $ 0 |
| Bottineau, North Dakota | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Burleigh, North Dakota | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Mountrail, North Dakota | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Stutsman, North Dakota | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Athens, Ohio | 1 | $ 135,000 | $ 135,000 | $ 50,000 |
| Darke, Ohio | 1 | $ 215,000 | $ 215,000 | $ 74,000 |
| Harrison, Ohio | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Lorain, Ohio | 1 | $ 215,000 | $ 215,000 | $ 66,000 |
| Madison, Ohio | 1 | $ 205,000 | $ 205,000 | $ 42,000 |
| Mahoning, Ohio | 1 | $ 195,000 | $ 195,000 | $ 96,000 |
| Morgan, Ohio | 1 | $ 235,000 | $ 235,000 | $ 74,000 |
| Perry, Ohio | 1 | $ 285,000 | $ 285,000 | $ 75,000 |
| Portage, Ohio | 1 | $ 75,000 | $ 75,000 | $ 51,000 |
| Cleveland, Oklahoma | 1 | $ 505,000 | $ 505,000 | $ 145,000 |
| Oklahoma, Oklahoma | 1 | $ 585,000 | $ 585,000 | $ 0 |
| Tulsa, Oklahoma | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Deschutes, Oregon | 1 | $ 665,000 | $ 665,000 | $ 0 |
| Jackson, Oregon | 1 | $ 845,000 | $ 845,000 | $ 0 |
| Jefferson, Oregon | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Klamath, Oregon | 1 | $ 20,005,000 | $ 20,005,000 | $ 0 |
| Lane, Oregon | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Marion, Oregon | 1 | $ 1,005,000 | $ 1,005,000 | $ 0 |
| Washington, Oregon | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Allegheny, Pennsylvania | 1 | $ 11,005,000 | $ 11,005,000 | $ 0 |
| Armstrong, Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 62,000 |
| Beaver, Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 45,000 |
| Butler, Pennsylvania | 1 | $ 715,000 | $ 715,000 | $ 199,000 |
| Centre, Pennsylvania | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Cumberland, Pennsylvania | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Philadelphia, Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 102,000 |
| York, Pennsylvania | 1 | $ 535,000 | $ 535,000 | $ 0 |
| Dorchester, South Carolina | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Jasper, South Carolina | 1 | $ 465,000 | $ 465,000 | $ 512,000 |
| Lawrence, South Dakota | 1 | $ 885,000 | $ 885,000 | $ 0 |
| Jefferson, Tennessee | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Knox, Tennessee | 1 | $ 13,555,000 | $ 13,555,000 | $ 0 |
| Robertson, Tennessee | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Shelby, Tennessee | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Bexar, Texas | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Bowie, Texas | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Briscoe, Texas | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Dallas, Texas | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Galveston, Texas | 1 | $ 48,275,000 | $ 48,275,000 | $ 0 |
| Jasper, Texas | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Lampasas, Texas | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Llano, Texas | 1 | $ 665,000 | $ 665,000 | $ 287,000 |
| McLennan, Texas | 1 | $ 465,000 | $ 465,000 | $ 257,000 |
| Nueces, Texas | 1 | $ 29,865,000 | $ 29,865,000 | $ 0 |
| Wood, Texas | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Washington, Utah | 1 | $ 1,495,000 | $ 1,495,000 | $ 0 |
| Chittenden, Vermont | 1 | $ 515,000 | $ 515,000 | $ 224,000 |
| Alexandria, Virginia | 1 | $ 1,255,000 | $ 1,255,000 | $ 0 |
| Louisa, Virginia | 1 | $ 855,000 | $ 855,000 | $ 0 |
| Virginia Beach, Virginia | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Clallam, Washington | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Cowlitz, Washington | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Grays Harbor, Washington | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Pierce, Washington | 1 | $ 925,000 | $ 925,000 | $ 0 |
| Skagit, Washington | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Yakima, Washington | 1 | $ 65,000 | $ 65,000 | $ 121,000 |
| Morgan, West Virginia | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Ozaukee, Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Vilas, Wisconsin | 1 | $ 10,865,000 | $ 10,865,000 | $ 0 |
| Campbell, Wyoming | 1 | $ 125,000 | $ 125,000 | $ 0 |
Mortgage Loan Application Detail Totals for Merchants Bank of Indiana in 2023
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 | 1,010 | $2,222,680,000 | $2,200,000 | $60,855,000 | $180,000 | $2,774,000 |
| Cash-out Refinancing | 383 | $172,505,000 | $450,000 | $3,415,000 | $259,000 | $2,544,000 |
| Refinancing | 114 | $1,006,750,000 | $8,831,000 | $58,005,000 | $307,000 | $2,774,000 |
| Home Improvement | 17 | $95,715,000 | $5,630,000 | $23,725,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 678 | $3,188,630,000 | $4,702,000 | $60,855,000 | $0 | $0 |
| White | 624 | $238,250,000 | $381,000 | $4,915,000 | $223,000 | $2,774,000 |
| Not Provided | 76 | $31,710,000 | $417,000 | $3,305,000 | $209,000 | $1,029,000 |
| Black or African American | 55 | $11,255,000 | $204,000 | $715,000 | $85,000 | $258,000 |
| Hispanic | 44 | $10,600,000 | $240,000 | $655,000 | $100,000 | $389,000 |
| Asian | 37 | $14,505,000 | $392,000 | $725,000 | $266,000 | $2,721,000 |
| American Indian or Alaskan Native | 4 | $1,330,000 | $332,000 | $885,000 | $231,000 | $658,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $310,000 | $155,000 | $175,000 | $82,000 | $89,000 |
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) | 1,403 | $3,466,765,000 | $2,470,000 | $60,855,000 | $217,000 | $2,774,000 |
| FHA-insured (Federal Housing Administration) | 112 | $28,920,000 | $258,000 | $645,000 | $87,000 | $257,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 6 | $820,000 | $136,000 | $275,000 | $58,000 | $91,000 |
| VA-guaranteed (Veterans Administration) | 3 | $1,145,000 | $381,000 | $575,000 | $144,000 | $188,000 |
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 | 769 | $2,939,405,000 | $3,822,000 | $60,855,000 | $218,000 | $2,774,000 |
| Loan Purchased By The Institution | 516 | $277,720,000 | $538,000 | $3,565,000 | $0 | $0 |
| Application Withdrawn By Applicant | 89 | $171,475,000 | $1,926,000 | $33,745,000 | $215,000 | $1,449,000 |
| Application Denied By Financial Institution | 87 | $26,895,000 | $309,000 | $2,165,000 | $97,000 | $356,000 |
| Application Approved But Not Accepted | 55 | $44,765,000 | $813,000 | $20,045,000 | $261,000 | $2,774,000 |
| File Closed For Incompleteness | 8 | $37,390,000 | $4,673,000 | $32,505,000 | $100,000 | $143,000 |
| 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 | 1,437 | $3,470,755,000 | $2,415,000 | $60,855,000 | $219,000 | $2,774,000 |
| Debt-To-Income Ratio | 46 | $15,150,000 | $329,000 | $1,285,000 | $93,000 | $250,000 |
| Collateral | 14 | $3,080,000 | $220,000 | $345,000 | $133,000 | $356,000 |
| Credit History | 8 | $1,100,000 | $137,000 | $305,000 | $54,000 | $99,000 |
| Unverifiable Information | 8 | $2,100,000 | $262,000 | $475,000 | $114,000 | $224,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,575,000 | $315,000 | $545,000 | $87,000 | $127,000 |
| Employment History | 3 | $1,005,000 | $335,000 | $595,000 | $70,000 | $130,000 |
| Other | 2 | $2,250,000 | $1,125,000 | $2,165,000 | $35,000 | $35,000 |
| Credit Application Incomplete | 1 | $635,000 | $635,000 | $635,000 | $173,000 | $173,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants Bank of Indiana's 2023 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.
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