Merchants Bank, National Association
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
Merchants Bank, National Association 2012 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, National Association 102 East Third Street Winona, MN 55987 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 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 5,815 |
| Total Mortgage Loan Application Amount | $885,428,000 |
| Average Mortgage Loan Application Amount | $135,000 |
| Highest Mortgage Loan Application Amount | $2,900,000 |
| Average Applicant Income | $83,666 |
| Highest Applicant Income | $3,229,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 with Merchants Bank, National Association. 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, National Association's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2012 breaks down Merchants Bank, National Association'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, National Association serves its applicants.
Each category highlights the total number of mortgage applications processed by Merchants Bank, National Association, 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, National Association's mortgage activity for 2012.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Winona County Minnesota | 861 | $ 118,039,000 | $ 137,000 | $ 70,000 |
| Houston County Minnesota | 366 | $ 43,199,000 | $ 118,000 | $ 67,000 |
| Dakota County Minnesota | 322 | $ 63,931,000 | $ 198,000 | $ 99,000 |
| Olmsted County Minnesota | 272 | $ 48,520,000 | $ 178,000 | $ 105,000 |
| La Crosse County Wisconsin | 269 | $ 38,456,000 | $ 142,000 | $ 79,000 |
| Goodhue County Minnesota | 267 | $ 40,908,000 | $ 153,000 | $ 85,000 |
| Otter Tail County Minnesota | 233 | $ 39,277,000 | $ 168,000 | $ 87,000 |
| Washington County Iowa | 114 | $ 14,618,000 | $ 128,000 | $ 0 |
| St. Louis County Minnesota | 107 | $ 16,453,000 | $ 153,000 | $ 91,000 |
| Roseau County Minnesota | 101 | $ 10,830,000 | $ 107,000 | $ 70,000 |
| Washington County Minnesota | 97 | $ 19,624,000 | $ 202,000 | $ 118,000 |
| Hennepin County Minnesota | 93 | $ 22,311,000 | $ 239,000 | $ 161,000 |
| Hubbard County Minnesota | 84 | $ 12,867,000 | $ 153,000 | $ 86,000 |
| Lyon County Minnesota | 82 | $ 11,485,000 | $ 140,000 | $ 72,000 |
| Fillmore County Minnesota | 77 | $ 10,165,000 | $ 132,000 | $ 73,000 |
| Steele County Minnesota | 76 | $ 11,248,000 | $ 148,000 | $ 88,000 |
| Douglas County Minnesota | 75 | $ 12,931,000 | $ 172,000 | $ 92,000 |
| Trempealeau County Wisconsin | 71 | $ 9,179,000 | $ 129,000 | $ 67,000 |
| Itasca County Minnesota | 66 | $ 11,361,000 | $ 172,000 | $ 83,000 |
| Blue Earth County Minnesota | 64 | $ 8,663,000 | $ 135,000 | $ 70,000 |
| Cass County North Dakota | 61 | $ 9,121,000 | $ 149,000 | $ 108,000 |
| Nobles County Minnesota | 59 | $ 6,820,000 | $ 115,000 | $ 74,000 |
| Buffalo County Wisconsin | 57 | $ 6,664,000 | $ 116,000 | $ 62,000 |
| Manitowoc County Wisconsin | 57 | $ 8,500,000 | $ 149,000 | $ 121,000 |
| Kandiyohi County Minnesota | 55 | $ 9,494,000 | $ 172,000 | $ 91,000 |
| Wabasha County Minnesota | 54 | $ 9,298,000 | $ 172,000 | $ 83,000 |
| Grand Forks County North Dakota | 54 | $ 7,749,000 | $ 143,000 | $ 112,000 |
| Cass County Minnesota | 50 | $ 7,898,000 | $ 157,000 | $ 86,000 |
| Richland County Wisconsin | 44 | $ 5,248,000 | $ 119,000 | $ 74,000 |
| McLean County North Dakota | 42 | $ 5,063,000 | $ 120,000 | $ 88,000 |
| Becker County Minnesota | 40 | $ 6,672,000 | $ 166,000 | $ 110,000 |
| Pennington County South Dakota | 40 | $ 6,278,000 | $ 156,000 | $ 103,000 |
| Hughes County South Dakota | 39 | $ 5,785,000 | $ 148,000 | $ 84,000 |
| Lawrence County South Dakota | 39 | $ 7,968,000 | $ 204,000 | $ 122,000 |
| Sauk County Wisconsin | 39 | $ 5,945,000 | $ 152,000 | $ 96,000 |
| Koochiching County Minnesota | 36 | $ 3,569,000 | $ 99,000 | $ 67,000 |
| Lake of the Woods County Minnesota | 35 | $ 4,452,000 | $ 127,000 | $ 80,000 |
| Ramsey County North Dakota | 35 | $ 4,683,000 | $ 133,000 | $ 152,000 |
| Faribault County Minnesota | 34 | $ 3,790,000 | $ 111,000 | $ 85,000 |
| Scott County Minnesota | 34 | $ 10,087,000 | $ 296,000 | $ 159,000 |
| Jackson County Minnesota | 30 | $ 2,969,000 | $ 98,000 | $ 89,000 |
| Pierce County Wisconsin | 30 | $ 4,594,000 | $ 153,000 | $ 76,000 |
| Aitkin County Minnesota | 28 | $ 3,752,000 | $ 134,000 | $ 74,000 |
| Dodge County Minnesota | 28 | $ 4,734,000 | $ 169,000 | $ 89,000 |
| Nicollet County Minnesota | 27 | $ 4,361,000 | $ 161,000 | $ 84,000 |
| Ramsey County Minnesota | 27 | $ 5,736,000 | $ 212,000 | $ 139,000 |
| Wright County Minnesota | 27 | $ 4,061,000 | $ 150,000 | $ 70,000 |
| Clay County Minnesota | 26 | $ 4,204,000 | $ 161,000 | $ 130,000 |
| Polk County Minnesota | 26 | $ 3,559,000 | $ 136,000 | $ 154,000 |
| Rice County Minnesota | 25 | $ 4,999,000 | $ 199,000 | $ 102,000 |
| Beltrami County Minnesota | 23 | $ 4,525,000 | $ 196,000 | $ 106,000 |
| Brown County Minnesota | 23 | $ 2,948,000 | $ 128,000 | $ 75,000 |
| Walsh County North Dakota | 23 | $ 2,443,000 | $ 106,000 | $ 80,000 |
| Douglas County Wisconsin | 22 | $ 2,703,000 | $ 122,000 | $ 89,000 |
| Waseca County Minnesota | 21 | $ 3,043,000 | $ 144,000 | $ 79,000 |
| Eau Claire County Wisconsin | 20 | $ 2,576,000 | $ 128,000 | $ 78,000 |
| Grant County Wisconsin | 20 | $ 1,976,000 | $ 98,000 | $ 71,000 |
| Henry County Iowa | 19 | $ 2,734,000 | $ 143,000 | $ 64,000 |
| Anoka County Minnesota | 19 | $ 3,735,000 | $ 196,000 | $ 97,000 |
| Crow Wing County Minnesota | 18 | $ 3,742,000 | $ 207,000 | $ 97,000 |
| Pennington County Minnesota | 17 | $ 2,307,000 | $ 135,000 | $ 82,000 |
| Stark County North Dakota | 17 | $ 3,130,000 | $ 184,000 | $ 112,000 |
| Marshall County Minnesota | 16 | $ 1,563,000 | $ 97,000 | $ 94,000 |
| Meade County South Dakota | 16 | $ 2,254,000 | $ 140,000 | $ 73,000 |
| Winneshiek County Iowa | 15 | $ 2,390,000 | $ 159,000 | $ 83,000 |
| Allamakee County Iowa | 14 | $ 1,447,000 | $ 103,000 | $ 85,000 |
| Cerro Gordo County Iowa | 14 | $ 1,508,000 | $ 107,000 | $ 74,000 |
| Jefferson County Iowa | 14 | $ 1,687,000 | $ 120,000 | $ 75,000 |
| Benton County Minnesota | 14 | $ 2,401,000 | $ 171,000 | $ 89,000 |
| Carver County Minnesota | 14 | $ 4,905,000 | $ 350,000 | $ 130,000 |
| Le Sueur County Minnesota | 14 | $ 2,412,000 | $ 172,000 | $ 120,000 |
| Stearns County Minnesota | 14 | $ 2,040,000 | $ 145,000 | $ 64,000 |
| Monroe County Wisconsin | 14 | $ 1,348,000 | $ 96,000 | $ 68,000 |
| Madison County Iowa | 13 | $ 2,577,000 | $ 198,000 | $ 140,000 |
| Story County Iowa | 13 | $ 2,341,000 | $ 180,000 | $ 103,000 |
| Pembina County North Dakota | 13 | $ 1,234,000 | $ 94,000 | $ 65,000 |
| Lincoln County Minnesota | 12 | $ 1,300,000 | $ 108,000 | $ 67,000 |
| Wadena County Minnesota | 12 | $ 1,383,000 | $ 115,000 | $ 56,000 |
| Marion County Iowa | 11 | $ 1,822,000 | $ 165,000 | $ 3,000 |
| Cottonwood County Minnesota | 11 | $ 913,000 | $ 83,000 | $ 74,000 |
| Murray County Minnesota | 11 | $ 1,366,000 | $ 124,000 | $ 105,000 |
| Sherburne County Minnesota | 11 | $ 1,597,000 | $ 145,000 | $ 69,000 |
| Polk County Wisconsin | 11 | $ 1,785,000 | $ 162,000 | $ 71,000 |
| Vernon County Wisconsin | 11 | $ 1,786,000 | $ 162,000 | $ 67,000 |
| Jasper County Iowa | 10 | $ 1,685,000 | $ 168,000 | $ 80,000 |
| Freeborn County Minnesota | 10 | $ 1,270,000 | $ 127,000 | $ 55,000 |
| Mower County Minnesota | 10 | $ 1,190,000 | $ 119,000 | $ 75,000 |
| St. Croix County Wisconsin | 10 | $ 1,545,000 | $ 154,000 | $ 109,000 |
| Des Moines County Iowa | 8 | $ 1,234,000 | $ 154,000 | $ 120,000 |
| Lac qui Parle County Minnesota | 8 | $ 598,000 | $ 74,000 | $ 63,000 |
| McKenzie County North Dakota | 8 | $ 1,601,000 | $ 200,000 | $ 85,000 |
| Jackson County Wisconsin | 8 | $ 879,000 | $ 109,000 | $ 52,000 |
| Keokuk County Iowa | 7 | $ 660,000 | $ 94,000 | $ 5,000 |
| Polk County Iowa | 7 | $ 1,583,000 | $ 226,000 | $ 30,000 |
| Kittson County Minnesota | 7 | $ 649,000 | $ 92,000 | $ 75,000 |
| Butte County South Dakota | 7 | $ 1,165,000 | $ 166,000 | $ 72,000 |
| Stanley County South Dakota | 7 | $ 1,153,000 | $ 164,000 | $ 121,000 |
| Johnson County Iowa | 6 | $ 1,684,000 | $ 280,000 | $ 168,000 |
| Kanabec County Minnesota | 6 | $ 872,000 | $ 145,000 | $ 83,000 |
| Redwood County Minnesota | 6 | $ 827,000 | $ 137,000 | $ 65,000 |
| Watonwan County Minnesota | 6 | $ 546,000 | $ 91,000 | $ 52,000 |
| Crawford County Wisconsin | 6 | $ 776,000 | $ 129,000 | $ 82,000 |
| Pepin County Wisconsin | 6 | $ 1,219,000 | $ 203,000 | $ 97,000 |
| Rock County Wisconsin | 6 | $ 748,000 | $ 124,000 | $ 73,000 |
| Worth County Iowa | 5 | $ 407,000 | $ 81,000 | $ 51,000 |
| Carlton County Minnesota | 5 | $ 836,000 | $ 167,000 | $ 83,000 |
| Grant County Minnesota | 5 | $ 902,000 | $ 180,000 | $ 84,000 |
| Martin County Minnesota | 5 | $ 561,000 | $ 112,000 | $ 90,000 |
| Meeker County Minnesota | 5 | $ 746,000 | $ 149,000 | $ 60,000 |
| Bowman County North Dakota | 5 | $ 431,000 | $ 86,000 | $ 66,000 |
| Brown County Wisconsin | 5 | $ 883,000 | $ 176,000 | $ 65,000 |
| Chippewa County Wisconsin | 5 | $ 929,000 | $ 185,000 | $ 103,000 |
| Sawyer County Wisconsin | 5 | $ 869,000 | $ 173,000 | $ 178,000 |
| Maricopa County Arizona | 4 | $ 805,000 | $ 201,000 | $ 240,000 |
| Lee County Iowa | 4 | $ 583,000 | $ 145,000 | $ 79,000 |
| Warren County Iowa | 4 | $ 754,000 | $ 188,000 | $ 111,000 |
| Cook County Minnesota | 4 | $ 444,000 | $ 111,000 | $ 53,000 |
| Morrison County Minnesota | 4 | $ 718,000 | $ 179,000 | $ 72,000 |
| Yellow Medicine County Minnesota | 4 | $ 659,000 | $ 164,000 | $ 108,000 |
| Benson County North Dakota | 4 | $ 843,000 | $ 210,000 | $ 140,000 |
| Burleigh County North Dakota | 4 | $ 916,000 | $ 229,000 | $ 78,000 |
| Pierce County North Dakota | 4 | $ 348,000 | $ 87,000 | $ 77,000 |
| Minnehaha County South Dakota | 4 | $ 510,000 | $ 127,000 | $ 57,000 |
| Sully County South Dakota | 4 | $ 407,000 | $ 101,000 | $ 80,000 |
| Burnett County Wisconsin | 4 | $ 783,000 | $ 195,000 | $ 128,000 |
| Juneau County Wisconsin | 4 | $ 382,000 | $ 95,000 | $ 44,000 |
| Sheboygan County Wisconsin | 4 | $ 1,015,000 | $ 253,000 | $ 354,000 |
| Black Hawk County Iowa | 3 | $ 664,000 | $ 221,000 | $ 95,000 |
| Bremer County Iowa | 3 | $ 557,000 | $ 185,000 | $ 61,000 |
| Dallas County Iowa | 3 | $ 620,000 | $ 206,000 | $ 153,000 |
| Louisa County Iowa | 3 | $ 371,000 | $ 123,000 | $ 53,000 |
| Van Buren County Iowa | 3 | $ 474,000 | $ 158,000 | $ 69,000 |
| Chisago County Minnesota | 3 | $ 773,000 | $ 257,000 | $ 108,000 |
| Mille Lacs County Minnesota | 3 | $ 395,000 | $ 131,000 | $ 53,000 |
| LaMoure County North Dakota | 3 | $ 406,000 | $ 135,000 | $ 98,000 |
| Williams County North Dakota | 3 | $ 653,000 | $ 217,000 | $ 109,000 |
| Custer County South Dakota | 3 | $ 306,000 | $ 102,000 | $ 63,000 |
| Gregory County South Dakota | 3 | $ 352,000 | $ 117,000 | $ 87,000 |
| Fond du Lac County Wisconsin | 3 | $ 297,000 | $ 99,000 | $ 101,000 |
| Portage County Wisconsin | 3 | $ 765,000 | $ 255,000 | $ 245,000 |
| Vilas County Wisconsin | 3 | $ 696,000 | $ 232,000 | $ 166,000 |
| Yavapai County Arizona | 2 | $ 537,000 | $ 268,000 | $ 363,000 |
| San Diego County California | 2 | $ 633,000 | $ 316,000 | $ 100,000 |
| Lee County Florida | 2 | $ 715,000 | $ 357,000 | $ 322,000 |
| Boone County Iowa | 2 | $ 376,000 | $ 188,000 | $ 41,000 |
| Kossuth County Iowa | 2 | $ 117,000 | $ 58,000 | $ 43,000 |
| Linn County Iowa | 2 | $ 273,000 | $ 136,000 | $ 85,000 |
| Mitchell County Iowa | 2 | $ 215,000 | $ 107,000 | $ 83,000 |
| Osceola County Iowa | 2 | $ 86,000 | $ 43,000 | $ 49,000 |
| Lake County Minnesota | 2 | $ 462,000 | $ 231,000 | $ 89,000 |
| Pine County Minnesota | 2 | $ 217,000 | $ 108,000 | $ 111,000 |
| Pope County Minnesota | 2 | $ 185,000 | $ 92,000 | $ 90,000 |
| Red Lake County Minnesota | 2 | $ 222,000 | $ 111,000 | $ 73,000 |
| Wilkin County Minnesota | 2 | $ 185,000 | $ 92,000 | $ 74,000 |
| St. Louis County Missouri | 2 | $ 165,000 | $ 82,000 | $ 52,000 |
| Durham County North Carolina | 2 | $ 348,000 | $ 174,000 | $ 202,000 |
| Griggs County North Dakota | 2 | $ 393,000 | $ 196,000 | $ 126,000 |
| Morton County North Dakota | 2 | $ 748,000 | $ 374,000 | $ 225,000 |
| Mountrail County North Dakota | 2 | $ 298,000 | $ 149,000 | $ 75,000 |
| Nelson County North Dakota | 2 | $ 136,000 | $ 68,000 | $ 45,000 |
| Towner County North Dakota | 2 | $ 192,000 | $ 96,000 | $ 60,000 |
| Fall River County South Dakota | 2 | $ 303,000 | $ 151,000 | $ 136,000 |
| Hamlin County South Dakota | 2 | $ 204,000 | $ 102,000 | $ 83,000 |
| Barron County Wisconsin | 2 | $ 281,000 | $ 140,000 | $ 100,000 |
| Bayfield County Wisconsin | 2 | $ 322,000 | $ 161,000 | $ 220,000 |
| Dane County Wisconsin | 2 | $ 480,000 | $ 240,000 | $ 124,000 |
| Dunn County Wisconsin | 2 | $ 2,213,000 | $ 1,106,000 | $ 28,000 |
| Walworth County Wisconsin | 2 | $ 462,000 | $ 231,000 | $ 104,000 |
| Waukesha County Wisconsin | 2 | $ 222,000 | $ 111,000 | $ 144,000 |
| Yuma County Arizona | 1 | $ 60,000 | $ 60,000 | $ 27,000 |
| Lake County Florida | 1 | $ 108,000 | $ 108,000 | $ 75,000 |
| Cook County Illinois | 1 | $ 203,000 | $ 203,000 | $ 56,000 |
| Kane County Illinois | 1 | $ 205,000 | $ 205,000 | $ 133,000 |
| McHenry County Illinois | 1 | $ 260,000 | $ 260,000 | $ 80,000 |
| Piatt County Illinois | 1 | $ 234,000 | $ 234,000 | $ 162,000 |
| Chickasaw County Iowa | 1 | $ 159,000 | $ 159,000 | $ 70,000 |
| Clayton County Iowa | 1 | $ 111,000 | $ 111,000 | $ 57,000 |
| Dickinson County Iowa | 1 | $ 233,000 | $ 233,000 | $ 88,000 |
| Fayette County Iowa | 1 | $ 6,000 | $ 6,000 | $ 26,000 |
| Greene County Iowa | 1 | $ 92,000 | $ 92,000 | $ 115,000 |
| Grundy County Iowa | 1 | $ 243,000 | $ 243,000 | $ 0 |
| Hancock County Iowa | 1 | $ 174,000 | $ 174,000 | $ 64,000 |
| Hardin County Iowa | 1 | $ 100,000 | $ 100,000 | $ 122,000 |
| Howard County Iowa | 1 | $ 63,000 | $ 63,000 | $ 61,000 |
| Humboldt County Iowa | 1 | $ 42,000 | $ 42,000 | $ 100,000 |
| Mahaska County Iowa | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Monroe County Iowa | 1 | $ 244,000 | $ 244,000 | $ 0 |
| Palo Alto County Iowa | 1 | $ 144,000 | $ 144,000 | $ 104,000 |
| Poweshiek County Iowa | 1 | $ 172,000 | $ 172,000 | $ 0 |
| Wapello County Iowa | 1 | $ 96,000 | $ 96,000 | $ 90,000 |
| Woodbury County Iowa | 1 | $ 130,000 | $ 130,000 | $ 92,000 |
| Big Stone County Minnesota | 1 | $ 109,000 | $ 109,000 | $ 34,000 |
| Mahnomen County Minnesota | 1 | $ 62,000 | $ 62,000 | $ 78,000 |
| McLeod County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 96,000 |
| Renville County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 33,000 |
| Sibley County Minnesota | 1 | $ 147,000 | $ 147,000 | $ 71,000 |
| Swift County Minnesota | 1 | $ 196,000 | $ 196,000 | $ 57,000 |
| Todd County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 86,000 |
| Jasper County Missouri | 1 | $ 81,000 | $ 81,000 | $ 56,000 |
| St. Charles County Missouri | 1 | $ 146,000 | $ 146,000 | $ 50,000 |
| Flathead County Montana | 1 | $ 225,000 | $ 225,000 | $ 235,000 |
| Clark County Nevada | 1 | $ 150,000 | $ 150,000 | $ 88,000 |
| Barnes County North Dakota | 1 | $ 190,000 | $ 190,000 | $ 66,000 |
| Bottineau County North Dakota | 1 | $ 80,000 | $ 80,000 | $ 31,000 |
| Cavalier County North Dakota | 1 | $ 92,000 | $ 92,000 | $ 37,000 |
| Hettinger County North Dakota | 1 | $ 50,000 | $ 50,000 | $ 54,000 |
| Traill County North Dakota | 1 | $ 126,000 | $ 126,000 | $ 104,000 |
| Ward County North Dakota | 1 | $ 150,000 | $ 150,000 | $ 74,000 |
| Aurora County South Dakota | 1 | $ 141,000 | $ 141,000 | $ 51,000 |
| Brookings County South Dakota | 1 | $ 163,000 | $ 163,000 | $ 92,000 |
| Codington County South Dakota | 1 | $ 182,000 | $ 182,000 | $ 80,000 |
| Davison County South Dakota | 1 | $ 240,000 | $ 240,000 | $ 110,000 |
| Deuel County South Dakota | 1 | $ 80,000 | $ 80,000 | $ 114,000 |
| Roberts County South Dakota | 1 | $ 89,000 | $ 89,000 | $ 54,000 |
| Sanborn County South Dakota | 1 | $ 129,000 | $ 129,000 | $ 81,000 |
| Union County South Dakota | 1 | $ 59,000 | $ 59,000 | $ 123,000 |
| Columbia County Wisconsin | 1 | $ 40,000 | $ 40,000 | $ 30,000 |
| Dodge County Wisconsin | 1 | $ 350,000 | $ 350,000 | $ 69,000 |
| Door County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 487,000 |
| Green Lake County Wisconsin | 1 | $ 178,000 | $ 178,000 | $ 186,000 |
| Iowa County Wisconsin | 1 | $ 212,000 | $ 212,000 | $ 461,000 |
| Marathon County Wisconsin | 1 | $ 190,000 | $ 190,000 | $ 173,000 |
| Milwaukee County Wisconsin | 1 | $ 48,000 | $ 48,000 | $ 0 |
| Outagamie County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
| Ozaukee County Wisconsin | 1 | $ 284,000 | $ 284,000 | $ 96,000 |
| Washburn County Wisconsin | 1 | $ 44,000 | $ 44,000 | $ 115,000 |
| Waushara County Wisconsin | 1 | $ 392,000 | $ 392,000 | $ 409,000 |
| Winnebago County Wisconsin | 1 | $ 380,000 | $ 380,000 | $ 103,000 |
| Campbell County Wyoming | 1 | $ 193,000 | $ 193,000 | $ 91,000 |
| Carbon County Wyoming | 1 | $ 120,000 | $ 120,000 | $ 102,000 |
| Crook County Wyoming | 1 | $ 118,000 | $ 118,000 | $ 35,000 |
Mortgage Loan Application Detail Totals for Merchants Bank, National Association in 2012
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 4,206 | $637,205,000 | $151,000 | $2,900,000 | $84,000 | $1,023,000 |
| Home Purchase | 1,426 | $231,366,000 | $162,000 | $900,000 | $91,000 | $3,229,000 |
| Home Improvement | 183 | $16,857,000 | $92,000 | $1,000,000 | $76,000 | $417,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 4,863 | $721,225,000 | $148,000 | $1,000,000 | $86,000 | $1,499,000 |
| Not Provided | 673 | $117,111,000 | $174,000 | $900,000 | $100,000 | $3,229,000 |
| Not applicable | 188 | $33,477,000 | $178,000 | $2,900,000 | $0 | $0 |
| Hispanic | 45 | $6,383,000 | $141,000 | $503,000 | $103,000 | $421,000 |
| Asian | 28 | $4,272,000 | $152,000 | $417,000 | $93,000 | $455,000 |
| Black or African American | 10 | $1,721,000 | $172,000 | $336,000 | $84,000 | $145,000 |
| American Indian or Alaskan Native | 7 | $1,028,000 | $146,000 | $193,000 | $81,000 | $128,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $211,000 | $211,000 | $211,000 | $484,000 | $484,000 |
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) | 5,597 | $856,037,000 | $152,000 | $2,900,000 | $87,000 | $3,229,000 |
| FHA-insured (Federal Housing Administration) | 132 | $17,511,000 | $132,000 | $332,000 | $51,000 | $210,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 45 | $5,272,000 | $117,000 | $277,000 | $43,000 | $76,000 |
| VA-guaranteed (Veterans Administration) | 41 | $6,608,000 | $161,000 | $343,000 | $73,000 | $304,000 |
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 | 4,773 | $721,399,000 | $151,000 | $2,900,000 | $88,000 | $3,229,000 |
| Application Denied By Financial Institution | 399 | $60,079,000 | $150,000 | $840,000 | $74,000 | $627,000 |
| Application Approved But Not Accepted | 348 | $60,680,000 | $174,000 | $644,000 | $100,000 | $1,200,000 |
| Loan Purchased By The Institution | 148 | $20,162,000 | $136,000 | $345,000 | $0 | $0 |
| Application Withdrawn By Applicant | 78 | $11,589,000 | $148,000 | $381,000 | $74,000 | $210,000 |
| File Closed For Incompleteness | 69 | $11,519,000 | $166,000 | $417,000 | $90,000 | $1,026,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Collateral | 115 | $18,167,000 | $157,000 | $840,000 | $90,000 | $627,000 |
| Debt-To-Income Ratio | 101 | $16,300,000 | $161,000 | $403,000 | $62,000 | $205,000 |
| Credit History | 81 | $10,980,000 | $135,000 | $300,000 | $60,000 | $180,000 |
| Other | 78 | $11,108,000 | $142,000 | $320,000 | $86,000 | $297,000 |
| Employment History | 11 | $1,618,000 | $147,000 | $208,000 | $47,000 | $94,000 |
| Unverifiable Information | 4 | $618,000 | $154,000 | $214,000 | $61,000 | $72,000 |
| Mortgage Insurance Denied | 4 | $712,000 | $178,000 | $254,000 | $71,000 | $89,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $277,000 | $92,000 | $159,000 | $29,000 | $40,000 |
| Credit Application Incomplete | 2 | $299,000 | $149,000 | $207,000 | $109,000 | $115,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants Bank, National Association's 2012 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, National Association'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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.