Merchants Bank Of Indiana
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Merchants Bank Of Indiana 2023 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 | 1,524 |
| Total Mortgage Loan Application Amount | $3,497,650,000 |
| Average Mortgage Loan Application Amount | $4,277,750 |
| Highest Mortgage Loan Application Amount | $60,855,000 |
| Average Applicant Income | $186,500 |
| Highest Applicant Income | $2,774,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 160 | $ 248,080,000 | $ 1,550,000 | $ 204,000 |
| Hamilton County Indiana | 99 | $ 249,855,000 | $ 2,523,000 | $ 402,000 |
| Plymouth County Massachusetts | 70 | $ 30,730,000 | $ 439,000 | $ 171,000 |
| Maricopa County Arizona | 38 | $ 32,480,000 | $ 854,000 | $ 165,000 |
| St. Louis County Missouri | 33 | $ 68,215,000 | $ 2,067,000 | $ 156,000 |
| Cook County Illinois | 22 | $ 39,850,000 | $ 1,811,000 | $ 189,000 |
| Los Angeles County California | 20 | $ 51,080,000 | $ 2,554,000 | $ 0 |
| Allen County Indiana | 19 | $ 140,875,000 | $ 7,414,000 | $ 61,000 |
| Boone County Indiana | 18 | $ 60,340,000 | $ 3,352,000 | $ 569,000 |
| Wayne County Indiana | 18 | $ 1,700,000 | $ 94,000 | $ 84,000 |
| Montgomery County Ohio | 18 | $ 11,100,000 | $ 616,000 | $ 63,000 |
| Hendricks County Indiana | 15 | $ 14,765,000 | $ 984,000 | $ 143,000 |
| Randolph County Indiana | 15 | $ 1,435,000 | $ 95,000 | $ 76,000 |
| Norfolk County Massachusetts | 15 | $ 7,375,000 | $ 491,000 | $ 214,000 |
| Madison County Indiana | 14 | $ 11,120,000 | $ 794,000 | $ 154,000 |
| St. Louis City County Missouri | 14 | $ 3,290,000 | $ 235,000 | $ 128,000 |
| Franklin County Ohio | 14 | $ 64,710,000 | $ 4,622,000 | $ 147,000 |
| Orange County California | 12 | $ 33,540,000 | $ 2,795,000 | $ 104,000 |
| Johnson County Indiana | 12 | $ 81,120,000 | $ 6,760,000 | $ 123,000 |
| Caddo County Louisiana | 12 | $ 4,090,000 | $ 340,000 | $ 0 |
| Jefferson County Alabama | 11 | $ 4,125,000 | $ 375,000 | $ 91,000 |
| Stark County Ohio | 11 | $ 2,785,000 | $ 253,000 | $ 110,000 |
| Butler County Ohio | 10 | $ 47,130,000 | $ 4,713,000 | $ 74,000 |
| Ada County Idaho | 9 | $ 5,355,000 | $ 595,000 | $ 386,000 |
| Hancock County Indiana | 9 | $ 1,745,000 | $ 193,000 | $ 140,000 |
| DuPage County Illinois | 8 | $ 2,800,000 | $ 350,000 | $ 183,000 |
| East Baton Rouge County Louisiana | 8 | $ 3,040,000 | $ 380,000 | $ 0 |
| King County Washington | 8 | $ 35,380,000 | $ 4,422,000 | $ 169,000 |
| Baldwin County Alabama | 7 | $ 13,245,000 | $ 1,892,000 | $ 126,000 |
| Pinal County Arizona | 7 | $ 2,785,000 | $ 397,000 | $ 0 |
| Duval County Florida | 7 | $ 51,145,000 | $ 7,306,000 | $ 0 |
| Bossier County Louisiana | 7 | $ 1,975,000 | $ 282,000 | $ 117,000 |
| Rapides County Louisiana | 7 | $ 2,875,000 | $ 410,000 | $ 153,000 |
| St. Charles County Missouri | 7 | $ 2,075,000 | $ 296,000 | $ 128,000 |
| Wake County North Carolina | 7 | $ 3,905,000 | $ 557,000 | $ 349,000 |
| Greene County Ohio | 7 | $ 6,405,000 | $ 915,000 | $ 82,000 |
| Hamilton County Ohio | 7 | $ 1,135,000 | $ 162,000 | $ 113,000 |
| Summit County Ohio | 7 | $ 1,625,000 | $ 232,000 | $ 102,000 |
| Warren County Ohio | 7 | $ 24,765,000 | $ 3,537,000 | $ 155,000 |
| Davidson County Tennessee | 7 | $ 2,775,000 | $ 396,000 | $ 163,000 |
| Williamson County Tennessee | 7 | $ 9,795,000 | $ 1,399,000 | $ 0 |
| Alameda County California | 6 | $ 24,990,000 | $ 4,165,000 | $ 0 |
| Boulder County Colorado | 6 | $ 2,510,000 | $ 418,000 | $ 468,000 |
| El Paso County Colorado | 6 | $ 14,350,000 | $ 2,391,000 | $ 967,000 |
| Orange County Florida | 6 | $ 45,890,000 | $ 7,648,000 | $ 257,000 |
| Fulton County Georgia | 6 | $ 5,550,000 | $ 925,000 | $ 155,000 |
| Lafayette County Louisiana | 6 | $ 1,650,000 | $ 275,000 | $ 68,000 |
| Jefferson County Missouri | 6 | $ 1,940,000 | $ 323,000 | $ 122,000 |
| Cuyahoga County Ohio | 6 | $ 1,390,000 | $ 231,000 | $ 122,000 |
| Madison County Alabama | 5 | $ 2,735,000 | $ 547,000 | $ 466,000 |
| Riverside County California | 5 | $ 2,485,000 | $ 497,000 | $ 119,000 |
| San Diego County California | 5 | $ 6,235,000 | $ 1,247,000 | $ 158,000 |
| Jefferson County Colorado | 5 | $ 3,405,000 | $ 681,000 | $ 0 |
| Manatee County Florida | 5 | $ 5,825,000 | $ 1,165,000 | $ 354,000 |
| Pinellas County Florida | 5 | $ 2,315,000 | $ 463,000 | $ 166,000 |
| Lake County Illinois | 5 | $ 3,025,000 | $ 605,000 | $ 227,000 |
| Franklin County Indiana | 5 | $ 815,000 | $ 163,000 | $ 66,000 |
| De Soto County Louisiana | 5 | $ 1,735,000 | $ 347,000 | $ 0 |
| Franklin County Louisiana | 5 | $ 585,000 | $ 117,000 | $ 121,000 |
| Cumberland County Maine | 5 | $ 4,155,000 | $ 831,000 | $ 0 |
| Middlesex County Massachusetts | 5 | $ 1,985,000 | $ 397,000 | $ 171,000 |
| Harrison County Mississippi | 5 | $ 18,905,000 | $ 3,781,000 | $ 0 |
| Clark County Nevada | 5 | $ 2,805,000 | $ 561,000 | $ 0 |
| New York County New York | 5 | $ 48,925,000 | $ 9,785,000 | $ 0 |
| Miami County Ohio | 5 | $ 1,315,000 | $ 263,000 | $ 99,000 |
| Harris County Texas | 5 | $ 33,385,000 | $ 6,677,000 | $ 0 |
| Williamson County Texas | 5 | $ 1,545,000 | $ 309,000 | $ 0 |
| Spokane County Washington | 5 | $ 2,545,000 | $ 509,000 | $ 0 |
| Arapahoe County Colorado | 4 | $ 1,580,000 | $ 395,000 | $ 0 |
| Douglas County Colorado | 4 | $ 3,480,000 | $ 870,000 | $ 120,000 |
| Lee County Florida | 4 | $ 2,760,000 | $ 690,000 | $ 468,000 |
| Volusia County Florida | 4 | $ 2,260,000 | $ 565,000 | $ 373,000 |
| Gwinnett County Georgia | 4 | $ 47,850,000 | $ 11,962,000 | $ 120,000 |
| Canyon County Idaho | 4 | $ 3,230,000 | $ 807,000 | $ 0 |
| Monroe County Illinois | 4 | $ 1,060,000 | $ 265,000 | $ 138,000 |
| St. Clair County Illinois | 4 | $ 890,000 | $ 222,000 | $ 99,000 |
| Tazewell County Illinois | 4 | $ 77,610,000 | $ 19,402,000 | $ 0 |
| Morgan County Indiana | 4 | $ 670,000 | $ 167,000 | $ 53,000 |
| Jefferson County Kentucky | 4 | $ 73,170,000 | $ 18,292,000 | $ 0 |
| Kenton County Kentucky | 4 | $ 900,000 | $ 225,000 | $ 154,000 |
| Orleans County Louisiana | 4 | $ 37,460,000 | $ 9,365,000 | $ 124,000 |
| Ouachita County Louisiana | 4 | $ 1,200,000 | $ 300,000 | $ 196,000 |
| West Baton Rouge County Louisiana | 4 | $ 940,000 | $ 235,000 | $ 52,000 |
| Mecklenburg County North Carolina | 4 | $ 6,270,000 | $ 1,567,000 | $ 0 |
| Carroll County Ohio | 4 | $ 960,000 | $ 240,000 | $ 128,000 |
| Clermont County Ohio | 4 | $ 790,000 | $ 197,000 | $ 52,000 |
| Columbiana County Ohio | 4 | $ 760,000 | $ 190,000 | $ 73,000 |
| Pennington County South Dakota | 4 | $ 1,850,000 | $ 462,000 | $ 0 |
| Utah County Utah | 4 | $ 2,270,000 | $ 567,000 | $ 253,000 |
| Clark County Washington | 4 | $ 2,830,000 | $ 707,000 | $ 0 |
| Lee County Alabama | 3 | $ 1,615,000 | $ 538,000 | $ 668,000 |
| El Dorado County California | 3 | $ 73,275,000 | $ 24,425,000 | $ 0 |
| Sacramento County California | 3 | $ 32,085,000 | $ 10,695,000 | $ 0 |
| San Bernardino County California | 3 | $ 835,000 | $ 278,000 | $ 128,000 |
| Ventura County California | 3 | $ 1,065,000 | $ 355,000 | $ 0 |
| Adams County Colorado | 3 | $ 1,615,000 | $ 538,000 | $ 0 |
| Elbert County Colorado | 3 | $ 3,195,000 | $ 1,065,000 | $ 0 |
| Larimer County Colorado | 3 | $ 1,105,000 | $ 368,000 | $ 0 |
| Weld County Colorado | 3 | $ 1,335,000 | $ 445,000 | $ 192,000 |
| Broward County Florida | 3 | $ 1,575,000 | $ 525,000 | $ 0 |
| Sarasota County Florida | 3 | $ 3,495,000 | $ 1,165,000 | $ 1,123,000 |
| Seminole County Florida | 3 | $ 1,355,000 | $ 451,000 | $ 150,000 |
| DeKalb County Georgia | 3 | $ 35,315,000 | $ 11,771,000 | $ 169,000 |
| Bartholomew County Indiana | 3 | $ 1,225,000 | $ 408,000 | $ 347,000 |
| Delaware County Indiana | 3 | $ 18,135,000 | $ 6,045,000 | $ 48,000 |
| Howard County Indiana | 3 | $ 595,000 | $ 198,000 | $ 100,000 |
| Kosciusko County Indiana | 3 | $ 2,905,000 | $ 968,000 | $ 345,000 |
| Monroe County Indiana | 3 | $ 20,565,000 | $ 6,855,000 | $ 255,000 |
| Putnam County Indiana | 3 | $ 6,125,000 | $ 2,041,000 | $ 0 |
| Vanderburgh County Indiana | 3 | $ 34,295,000 | $ 11,431,000 | $ 0 |
| St. Tammany County Louisiana | 3 | $ 905,000 | $ 301,000 | $ 0 |
| Bristol County Massachusetts | 3 | $ 1,435,000 | $ 478,000 | $ 158,000 |
| Suffolk County Massachusetts | 3 | $ 1,615,000 | $ 538,000 | $ 145,000 |
| Worcester County Massachusetts | 3 | $ 1,155,000 | $ 385,000 | $ 128,000 |
| Kent County Michigan | 3 | $ 13,865,000 | $ 4,621,000 | $ 0 |
| Lamar County Mississippi | 3 | $ 685,000 | $ 228,000 | $ 47,000 |
| Jackson County Missouri | 3 | $ 22,335,000 | $ 7,445,000 | $ 0 |
| Bergen County New Jersey | 3 | $ 1,435,000 | $ 478,000 | $ 194,000 |
| Westchester County New York | 3 | $ 42,005,000 | $ 14,001,000 | $ 0 |
| Buncombe County North Carolina | 3 | $ 1,235,000 | $ 411,000 | $ 0 |
| Champaign County Ohio | 3 | $ 535,000 | $ 178,000 | $ 82,000 |
| Delaware County Ohio | 3 | $ 965,000 | $ 321,000 | $ 115,000 |
| Hays County Texas | 3 | $ 925,000 | $ 308,000 | $ 0 |
| Travis County Texas | 3 | $ 18,105,000 | $ 6,035,000 | $ 0 |
| Fairfax County Virginia | 3 | $ 1,795,000 | $ 598,000 | $ 113,000 |
| Stafford County Virginia | 3 | $ 1,245,000 | $ 415,000 | $ 150,000 |
| Cullman County Alabama | 2 | $ 1,460,000 | $ 730,000 | $ 637,000 |
| Etowah County Alabama | 2 | $ 290,000 | $ 145,000 | $ 0 |
| Marshall County Alabama | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Tuscaloosa County Alabama | 2 | $ 410,000 | $ 205,000 | $ 77,000 |
| Matanuska-Susitna County Alaska | 2 | $ 14,310,000 | $ 7,155,000 | $ 0 |
| Yavapai County Arizona | 2 | $ 620,000 | $ 310,000 | $ 76,000 |
| Jefferson County Arkansas | 2 | $ 7,330,000 | $ 3,665,000 | $ 135,000 |
| Contra Costa County California | 2 | $ 5,260,000 | $ 2,630,000 | $ 0 |
| Nevada County California | 2 | $ 1,740,000 | $ 870,000 | $ 280,000 |
| San Mateo County California | 2 | $ 1,790,000 | $ 895,000 | $ 0 |
| Santa Cruz County California | 2 | $ 3,140,000 | $ 1,570,000 | $ 0 |
| Stanislaus County California | 2 | $ 870,000 | $ 435,000 | $ 267,000 |
| Mesa County Colorado | 2 | $ 870,000 | $ 435,000 | $ 0 |
| Hillsborough County Florida | 2 | $ 720,000 | $ 360,000 | $ 73,000 |
| Miami-Dade County Florida | 2 | $ 6,360,000 | $ 3,180,000 | $ 88,000 |
| Palm Beach County Florida | 2 | $ 1,470,000 | $ 735,000 | $ 186,000 |
| Polk County Florida | 2 | $ 920,000 | $ 460,000 | $ 115,000 |
| St. Johns County Florida | 2 | $ 4,350,000 | $ 2,175,000 | $ 1,029,000 |
| Walton County Florida | 2 | $ 3,480,000 | $ 1,740,000 | $ 0 |
| Ben Hill County Georgia | 2 | $ 28,850,000 | $ 14,425,000 | $ 0 |
| Cherokee County Georgia | 2 | $ 630,000 | $ 315,000 | $ 78,000 |
| Cobb County Georgia | 2 | $ 2,810,000 | $ 1,405,000 | $ 420,000 |
| Douglas County Georgia | 2 | $ 2,830,000 | $ 1,415,000 | $ 0 |
| Elbert County Georgia | 2 | $ 250,000 | $ 125,000 | $ 37,000 |
| Richmond County Georgia | 2 | $ 9,780,000 | $ 4,890,000 | $ 0 |
| Honolulu County Hawaii | 2 | $ 2,510,000 | $ 1,255,000 | $ 0 |
| McHenry County Illinois | 2 | $ 4,690,000 | $ 2,345,000 | $ 148,000 |
| Will County Illinois | 2 | $ 1,160,000 | $ 580,000 | $ 289,000 |
| Clinton County Indiana | 2 | $ 1,990,000 | $ 995,000 | $ 0 |
| Lake County Indiana | 2 | $ 23,090,000 | $ 11,545,000 | $ 37,000 |
| Union County Indiana | 2 | $ 70,000 | $ 35,000 | $ 62,000 |
| Dallas County Iowa | 2 | $ 24,090,000 | $ 12,045,000 | $ 0 |
| Campbell County Kentucky | 2 | $ 310,000 | $ 155,000 | $ 82,000 |
| Ascension County Louisiana | 2 | $ 600,000 | $ 300,000 | $ 0 |
| Livingston County Louisiana | 2 | $ 520,000 | $ 260,000 | $ 0 |
| Frederick County Maryland | 2 | $ 520,000 | $ 260,000 | $ 258,000 |
| Wayne County Michigan | 2 | $ 6,260,000 | $ 3,130,000 | $ 212,000 |
| Forrest County Mississippi | 2 | $ 840,000 | $ 420,000 | $ 236,000 |
| Hancock County Mississippi | 2 | $ 640,000 | $ 320,000 | $ 0 |
| Hinds County Mississippi | 2 | $ 23,430,000 | $ 11,715,000 | $ 0 |
| Clay County Missouri | 2 | $ 440,000 | $ 220,000 | $ 91,000 |
| Gallatin County Montana | 2 | $ 2,980,000 | $ 1,490,000 | $ 0 |
| Douglas County Nebraska | 2 | $ 1,760,000 | $ 880,000 | $ 0 |
| Sarpy County Nebraska | 2 | $ 49,920,000 | $ 24,960,000 | $ 0 |
| Washoe County Nevada | 2 | $ 730,000 | $ 365,000 | $ 324,000 |
| Hillsborough County New Hampshire | 2 | $ 710,000 | $ 355,000 | $ 0 |
| Burlington County New Jersey | 2 | $ 620,000 | $ 310,000 | $ 0 |
| Union County New Jersey | 2 | $ 33,150,000 | $ 16,575,000 | $ 0 |
| Chatham County North Carolina | 2 | $ 1,690,000 | $ 845,000 | $ 183,000 |
| Johnston County North Carolina | 2 | $ 800,000 | $ 400,000 | $ 0 |
| Union County North Carolina | 2 | $ 810,000 | $ 405,000 | $ 0 |
| Brown County Ohio | 2 | $ 380,000 | $ 190,000 | $ 93,000 |
| Clark County Ohio | 2 | $ 380,000 | $ 190,000 | $ 73,000 |
| Fairfield County Ohio | 2 | $ 410,000 | $ 205,000 | $ 70,000 |
| Josephine County Oregon | 2 | $ 58,820,000 | $ 29,410,000 | $ 0 |
| Multnomah County Oregon | 2 | $ 1,150,000 | $ 575,000 | $ 0 |
| Fayette County Pennsylvania | 2 | $ 24,540,000 | $ 12,270,000 | $ 0 |
| Montgomery County Pennsylvania | 2 | $ 980,000 | $ 490,000 | $ 144,000 |
| San Juan County Puerto Rico | 2 | $ 32,200,000 | $ 16,100,000 | $ 0 |
| Beaufort County South Carolina | 2 | $ 2,630,000 | $ 1,315,000 | $ 521,000 |
| Greenville County South Carolina | 2 | $ 670,000 | $ 335,000 | $ 255,000 |
| Horry County South Carolina | 2 | $ 330,000 | $ 165,000 | $ 0 |
| Minnehaha County South Dakota | 2 | $ 70,160,000 | $ 35,080,000 | $ 0 |
| Hamilton County Tennessee | 2 | $ 460,000 | $ 230,000 | $ 0 |
| Rutherford County Tennessee | 2 | $ 1,260,000 | $ 630,000 | $ 0 |
| Sevier County Tennessee | 2 | $ 790,000 | $ 395,000 | $ 91,000 |
| Wilson County Tennessee | 2 | $ 1,080,000 | $ 540,000 | $ 0 |
| Denton County Texas | 2 | $ 1,200,000 | $ 600,000 | $ 346,000 |
| Hidalgo County Texas | 2 | $ 2,800,000 | $ 1,400,000 | $ 0 |
| Lubbock County Texas | 2 | $ 4,970,000 | $ 2,485,000 | $ 0 |
| Montgomery County Texas | 2 | $ 550,000 | $ 275,000 | $ 121,000 |
| Tarrant County Texas | 2 | $ 16,210,000 | $ 8,105,000 | $ 185,000 |
| Davis County Utah | 2 | $ 1,850,000 | $ 925,000 | $ 0 |
| Salt Lake County Utah | 2 | $ 37,970,000 | $ 18,985,000 | $ 0 |
| Brown County Wisconsin | 2 | $ 630,000 | $ 315,000 | $ 230,000 |
| Dane County Wisconsin | 2 | $ 19,350,000 | $ 9,675,000 | $ 0 |
| Blount County Alabama | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Chilton County Alabama | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Hale County Alabama | 1 | $ 295,000 | $ 295,000 | $ 78,000 |
| Jackson County Alabama | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Limestone County Alabama | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Mobile County Alabama | 1 | $ 285,000 | $ 285,000 | $ 160,000 |
| St. Clair County Alabama | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Anchorage County Alaska | 1 | $ 445,000 | $ 445,000 | $ 0 |
| Coconino County Arizona | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Pima County Arizona | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Benton County Arkansas | 1 | $ 42,285,000 | $ 42,285,000 | $ 0 |
| Lonoke County Arkansas | 1 | $ 175,000 | $ 175,000 | $ 65,000 |
| Pulaski County Arkansas | 1 | $ 85,000 | $ 85,000 | $ 87,000 |
| Amador County California | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Butte County California | 1 | $ 21,255,000 | $ 21,255,000 | $ 0 |
| Lassen County California | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Monterey County California | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Napa County California | 1 | $ 745,000 | $ 745,000 | $ 0 |
| Placer County California | 1 | $ 545,000 | $ 545,000 | $ 0 |
| San Joaquin County California | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Santa Clara County California | 1 | $ 645,000 | $ 645,000 | $ 0 |
| Tulare County California | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Yuba County California | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Broomfield County Colorado | 1 | $ 405,000 | $ 405,000 | $ 136,000 |
| Clear Creek County Colorado | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Delta County Colorado | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Denver County Colorado | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Eagle County Colorado | 1 | $ 4,915,000 | $ 4,915,000 | $ 2,774,000 |
| Garfield County Colorado | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Montezuma County Colorado | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Routt County Colorado | 1 | $ 1,415,000 | $ 1,415,000 | $ 0 |
| Fairfield County Connecticut | 1 | $ 3,005,000 | $ 3,005,000 | $ 0 |
| Hartford County Connecticut | 1 | $ 885,000 | $ 885,000 | $ 658,000 |
| New Castle County Delaware | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Sussex County Delaware | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Bay County Florida | 1 | $ 49,205,000 | $ 49,205,000 | $ 0 |
| Brevard County Florida | 1 | $ 8,125,000 | $ 8,125,000 | $ 0 |
| Citrus County Florida | 1 | $ 255,000 | $ 255,000 | $ 216,000 |
| Escambia County Florida | 1 | $ 9,665,000 | $ 9,665,000 | $ 0 |
| Lake County Florida | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Marion County Florida | 1 | $ 725,000 | $ 725,000 | $ 0 |
| Osceola County Florida | 1 | $ 725,000 | $ 725,000 | $ 729,000 |
| Pasco County Florida | 1 | $ 935,000 | $ 935,000 | $ 0 |
| St. Lucie County Florida | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Bryan County Georgia | 1 | $ 945,000 | $ 945,000 | $ 0 |
| Bulloch County Georgia | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Butts County Georgia | 1 | $ 285,000 | $ 285,000 | $ 67,000 |
| Carroll County Georgia | 1 | $ 485,000 | $ 485,000 | $ 260,000 |
| Columbia County Georgia | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Dade County Georgia | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Forsyth County Georgia | 1 | $ 545,000 | $ 545,000 | $ 181,000 |
| Gilmer County Georgia | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Glynn County Georgia | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Jackson County Georgia | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Muscogee County Georgia | 1 | $ 11,445,000 | $ 11,445,000 | $ 0 |
| Putnam County Georgia | 1 | $ 725,000 | $ 725,000 | $ 307,000 |
| Spalding County Georgia | 1 | $ 3,245,000 | $ 3,245,000 | $ 0 |
| Walker County Georgia | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Maui County Hawaii | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Bonner County Idaho | 1 | $ 1,505,000 | $ 1,505,000 | $ 0 |
| Kootenai County Idaho | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Teton County Idaho | 1 | $ 945,000 | $ 945,000 | $ 0 |
| Valley County Idaho | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Kane County Illinois | 1 | $ 295,000 | $ 295,000 | $ 81,000 |
| Madison County Illinois | 1 | $ 515,000 | $ 515,000 | $ 203,000 |
| Woodford County Illinois | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Brown County Indiana | 1 | $ 365,000 | $ 365,000 | $ 492,000 |
| Carroll County Indiana | 1 | $ 265,000 | $ 265,000 | $ 100,000 |
| Crawford County Indiana | 1 | $ 175,000 | $ 175,000 | $ 364,000 |
| Fayette County Indiana | 1 | $ 365,000 | $ 365,000 | $ 182,000 |
| Grant County Indiana | 1 | $ 55,000 | $ 55,000 | $ 231,000 |
| Greene County Indiana | 1 | $ 465,000 | $ 465,000 | $ 178,000 |
| Henry County Indiana | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Huntington County Indiana | 1 | $ 4,565,000 | $ 4,565,000 | $ 0 |
| Jackson County Indiana | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Jay County Indiana | 1 | $ 65,000 | $ 65,000 | $ 15,000 |
| LaPorte County Indiana | 1 | $ 25,255,000 | $ 25,255,000 | $ 0 |
| Lawrence County Indiana | 1 | $ 205,000 | $ 205,000 | $ 417,000 |
| Miami County Indiana | 1 | $ 155,000 | $ 155,000 | $ 96,000 |
| Montgomery County Indiana | 1 | $ 5,045,000 | $ 5,045,000 | $ 0 |
| Orange County Indiana | 1 | $ 7,965,000 | $ 7,965,000 | $ 0 |
| Porter County Indiana | 1 | $ 175,000 | $ 175,000 | $ 74,000 |
| St. Joseph County Indiana | 1 | $ 60,855,000 | $ 60,855,000 | $ 0 |
| Tipton County Indiana | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Vigo County Indiana | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Wabash County Indiana | 1 | $ 75,000 | $ 75,000 | $ 212,000 |
| Lee County Iowa | 1 | $ 4,375,000 | $ 4,375,000 | $ 0 |
| Johnson County Kansas | 1 | $ 745,000 | $ 745,000 | $ 0 |
| Linn County Kansas | 1 | $ 325,000 | $ 325,000 | $ 343,000 |
| Boone County Kentucky | 1 | $ 245,000 | $ 245,000 | $ 79,000 |
| Fayette County Kentucky | 1 | $ 295,000 | $ 295,000 | $ 113,000 |
| Jessamine County Kentucky | 1 | $ 335,000 | $ 335,000 | $ 175,000 |
| Lincoln County Kentucky | 1 | $ 165,000 | $ 165,000 | $ 44,000 |
| Oldham County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Pulaski County Kentucky | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Acadia County Louisiana | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Avoyelles County Louisiana | 1 | $ 275,000 | $ 275,000 | $ 126,000 |
| Calcasieu County Louisiana | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Jefferson County Louisiana | 1 | $ 175,000 | $ 175,000 | $ 182,000 |
| Lincoln County Louisiana | 1 | $ 355,000 | $ 355,000 | $ 143,000 |
| Pointe Coupee County Louisiana | 1 | $ 115,000 | $ 115,000 | $ 69,000 |
| St. Martin County Louisiana | 1 | $ 145,000 | $ 145,000 | $ 71,000 |
| Washington County Louisiana | 1 | $ 155,000 | $ 155,000 | $ 47,000 |
| Webster County Louisiana | 1 | $ 365,000 | $ 365,000 | $ 0 |
| West Carroll County Louisiana | 1 | $ 165,000 | $ 165,000 | $ 131,000 |
| Hancock County Maine | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Kennebec County Maine | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Oxford County Maine | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Baltimore County Maryland | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Cecil County Maryland | 1 | $ 9,475,000 | $ 9,475,000 | $ 0 |
| Harford County Maryland | 1 | $ 57,505,000 | $ 57,505,000 | $ 0 |
| Montgomery County Maryland | 1 | $ 655,000 | $ 655,000 | $ 144,000 |
| Prince George's County Maryland | 1 | $ 775,000 | $ 775,000 | $ 0 |
| Washington County Maryland | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Barnstable County Massachusetts | 1 | $ 475,000 | $ 475,000 | $ 924,000 |
| Berkshire County Massachusetts | 1 | $ 185,000 | $ 185,000 | $ 145,000 |
| Essex County Massachusetts | 1 | $ 615,000 | $ 615,000 | $ 190,000 |
| Branch County Michigan | 1 | $ 1,495,000 | $ 1,495,000 | $ 0 |
| Calhoun County Michigan | 1 | $ 16,505,000 | $ 16,505,000 | $ 0 |
| Houghton County Michigan | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Lapeer County Michigan | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Monroe County Michigan | 1 | $ 49,685,000 | $ 49,685,000 | $ 0 |
| Hennepin County Minnesota | 1 | $ 22,005,000 | $ 22,005,000 | $ 0 |
| Ramsey County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Sibley County Minnesota | 1 | $ 455,000 | $ 455,000 | $ 121,000 |
| Stearns County Minnesota | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Washington County Minnesota | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Amite County Mississippi | 1 | $ 185,000 | $ 185,000 | $ 81,000 |
| Coahoma County Mississippi | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Covington County Mississippi | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Jones County Mississippi | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Lawrence County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 57,000 |
| Lincoln County Mississippi | 1 | $ 95,000 | $ 95,000 | $ 121,000 |
| Pike County Mississippi | 1 | $ 105,000 | $ 105,000 | $ 62,000 |
| Rankin County Mississippi | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Simpson County Mississippi | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Walthall County Mississippi | 1 | $ 285,000 | $ 285,000 | $ 205,000 |
| Wayne County Mississippi | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Gasconade County Missouri | 1 | $ 225,000 | $ 225,000 | $ 74,000 |
| Stone County Missouri | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Flathead County Montana | 1 | $ 855,000 | $ 855,000 | $ 0 |
| Missoula County Montana | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Dodge County Nebraska | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Belknap County New Hampshire | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Cheshire County New Hampshire | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Rockingham County New Hampshire | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Essex County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Hudson County New Jersey | 1 | $ 16,605,000 | $ 16,605,000 | $ 0 |
| Middlesex County New Jersey | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Monmouth County New Jersey | 1 | $ 1,665,000 | $ 1,665,000 | $ 0 |
| Ocean County New Jersey | 1 | $ 195,000 | $ 195,000 | $ 113,000 |
| Sussex County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Colfax County New Mexico | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Cabarrus County North Carolina | 1 | $ 5,255,000 | $ 5,255,000 | $ 0 |
| Carteret County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Cumberland County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Gaston County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Guilford County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Harnett County North Carolina | 1 | $ 7,005,000 | $ 7,005,000 | $ 0 |
| Lee County North Carolina | 1 | $ 7,505,000 | $ 7,505,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Rowan County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Stanly County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Vance County North Carolina | 1 | $ 8,075,000 | $ 8,075,000 | $ 0 |
| Wayne County North Carolina | 1 | $ 3,005,000 | $ 3,005,000 | $ 0 |
| Wilson County North Carolina | 1 | $ 8,005,000 | $ 8,005,000 | $ 0 |
| Bottineau County North Dakota | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Burleigh County North Dakota | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Mountrail County North Dakota | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Stutsman County North Dakota | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Athens County Ohio | 1 | $ 135,000 | $ 135,000 | $ 50,000 |
| Darke County Ohio | 1 | $ 215,000 | $ 215,000 | $ 74,000 |
| Harrison County Ohio | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Lorain County Ohio | 1 | $ 215,000 | $ 215,000 | $ 66,000 |
| Madison County Ohio | 1 | $ 205,000 | $ 205,000 | $ 42,000 |
| Mahoning County Ohio | 1 | $ 195,000 | $ 195,000 | $ 96,000 |
| Morgan County Ohio | 1 | $ 235,000 | $ 235,000 | $ 74,000 |
| Perry County Ohio | 1 | $ 285,000 | $ 285,000 | $ 75,000 |
| Portage County Ohio | 1 | $ 75,000 | $ 75,000 | $ 51,000 |
| Cleveland County Oklahoma | 1 | $ 505,000 | $ 505,000 | $ 145,000 |
| Oklahoma County Oklahoma | 1 | $ 585,000 | $ 585,000 | $ 0 |
| Tulsa County Oklahoma | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Deschutes County Oregon | 1 | $ 665,000 | $ 665,000 | $ 0 |
| Jackson County Oregon | 1 | $ 845,000 | $ 845,000 | $ 0 |
| Jefferson County Oregon | 1 | $ 485,000 | $ 485,000 | $ 0 |
| Klamath County Oregon | 1 | $ 20,005,000 | $ 20,005,000 | $ 0 |
| Lane County Oregon | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Marion County Oregon | 1 | $ 1,005,000 | $ 1,005,000 | $ 0 |
| Washington County Oregon | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Allegheny County Pennsylvania | 1 | $ 11,005,000 | $ 11,005,000 | $ 0 |
| Armstrong County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 62,000 |
| Beaver County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 45,000 |
| Butler County Pennsylvania | 1 | $ 715,000 | $ 715,000 | $ 199,000 |
| Centre County Pennsylvania | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Cumberland County Pennsylvania | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Philadelphia County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 102,000 |
| York County Pennsylvania | 1 | $ 535,000 | $ 535,000 | $ 0 |
| Dorchester County South Carolina | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Jasper County South Carolina | 1 | $ 465,000 | $ 465,000 | $ 512,000 |
| Lawrence County South Dakota | 1 | $ 885,000 | $ 885,000 | $ 0 |
| Jefferson County Tennessee | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Knox County Tennessee | 1 | $ 13,555,000 | $ 13,555,000 | $ 0 |
| Robertson County Tennessee | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Shelby County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Bexar County Texas | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Bowie County Texas | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Briscoe County Texas | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Dallas County Texas | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Galveston County Texas | 1 | $ 48,275,000 | $ 48,275,000 | $ 0 |
| Jasper County Texas | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Lampasas County Texas | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Llano County Texas | 1 | $ 665,000 | $ 665,000 | $ 287,000 |
| McLennan County Texas | 1 | $ 465,000 | $ 465,000 | $ 257,000 |
| Nueces County Texas | 1 | $ 29,865,000 | $ 29,865,000 | $ 0 |
| Wood County Texas | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Washington County Utah | 1 | $ 1,495,000 | $ 1,495,000 | $ 0 |
| Chittenden County Vermont | 1 | $ 515,000 | $ 515,000 | $ 224,000 |
| Alexandria County Virginia | 1 | $ 1,255,000 | $ 1,255,000 | $ 0 |
| Louisa County Virginia | 1 | $ 855,000 | $ 855,000 | $ 0 |
| Virginia Beach County Virginia | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Clallam County Washington | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Cowlitz County Washington | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Grays Harbor County Washington | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Pierce County Washington | 1 | $ 925,000 | $ 925,000 | $ 0 |
| Skagit County Washington | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Yakima County Washington | 1 | $ 65,000 | $ 65,000 | $ 121,000 |
| Morgan County West Virginia | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Ozaukee County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Vilas County Wisconsin | 1 | $ 10,865,000 | $ 10,865,000 | $ 0 |
| Campbell County 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.