Merchants Bank, National Association
HMDA Loan Application Totals
and Mortgage Lending Details
for 2013
Merchants Bank, National Association 2013 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 | 4,769 |
| Total Mortgage Loan Application Amount | $759,615,000 |
| Average Mortgage Loan Application Amount | $142,000 |
| Highest Mortgage Loan Application Amount | $3,800,000 |
| Average Applicant Income | $82,666 |
| Highest Applicant Income | $1,537,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2013 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 2013 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 2013.
| 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 | 656 | $ 95,656,000 | $ 145,000 | $ 74,000 |
| Houston County Minnesota | 355 | $ 43,971,000 | $ 123,000 | $ 70,000 |
| Olmsted County Minnesota | 273 | $ 44,082,000 | $ 161,000 | $ 109,000 |
| Dakota County Minnesota | 263 | $ 55,710,000 | $ 211,000 | $ 107,000 |
| La Crosse County Wisconsin | 255 | $ 46,729,000 | $ 183,000 | $ 92,000 |
| Goodhue County Minnesota | 236 | $ 38,259,000 | $ 162,000 | $ 82,000 |
| Otter Tail County Minnesota | 162 | $ 26,948,000 | $ 166,000 | $ 87,000 |
| Hennepin County Minnesota | 131 | $ 31,544,000 | $ 240,000 | $ 109,000 |
| Washington County Minnesota | 96 | $ 20,449,000 | $ 213,000 | $ 121,000 |
| Washington County Iowa | 65 | $ 8,014,000 | $ 123,000 | $ 0 |
| Fillmore County Minnesota | 64 | $ 8,621,000 | $ 134,000 | $ 72,000 |
| St. Louis County Minnesota | 64 | $ 8,757,000 | $ 136,000 | $ 85,000 |
| Hubbard County Minnesota | 60 | $ 10,675,000 | $ 177,000 | $ 96,000 |
| Pennington County South Dakota | 57 | $ 8,598,000 | $ 150,000 | $ 3,000 |
| Lyon County Minnesota | 55 | $ 7,366,000 | $ 133,000 | $ 69,000 |
| McLean County North Dakota | 54 | $ 7,593,000 | $ 140,000 | $ 90,000 |
| Blue Earth County Minnesota | 53 | $ 8,324,000 | $ 157,000 | $ 87,000 |
| Cass County North Dakota | 49 | $ 8,627,000 | $ 176,000 | $ 103,000 |
| Grand Forks County North Dakota | 49 | $ 8,000,000 | $ 163,000 | $ 87,000 |
| Scott County Minnesota | 48 | $ 14,542,000 | $ 302,000 | $ 125,000 |
| Buffalo County Wisconsin | 48 | $ 6,551,000 | $ 136,000 | $ 56,000 |
| Trempealeau County Wisconsin | 46 | $ 6,991,000 | $ 151,000 | $ 68,000 |
| Roseau County Minnesota | 42 | $ 4,568,000 | $ 108,000 | $ 63,000 |
| Becker County Minnesota | 41 | $ 7,716,000 | $ 188,000 | $ 139,000 |
| Douglas County Minnesota | 41 | $ 6,469,000 | $ 157,000 | $ 82,000 |
| Lawrence County South Dakota | 39 | $ 7,645,000 | $ 196,000 | $ 4,000 |
| Steele County Minnesota | 38 | $ 6,110,000 | $ 160,000 | $ 97,000 |
| Ramsey County Minnesota | 36 | $ 7,465,000 | $ 207,000 | $ 117,000 |
| Sauk County Wisconsin | 36 | $ 5,139,000 | $ 142,000 | $ 87,000 |
| Nobles County Minnesota | 34 | $ 3,799,000 | $ 111,000 | $ 54,000 |
| Itasca County Minnesota | 33 | $ 5,544,000 | $ 168,000 | $ 100,000 |
| Wright County Minnesota | 33 | $ 5,241,000 | $ 158,000 | $ 75,000 |
| Wabasha County Minnesota | 32 | $ 5,420,000 | $ 169,000 | $ 72,000 |
| Ramsey County North Dakota | 32 | $ 4,804,000 | $ 150,000 | $ 195,000 |
| Jackson County Minnesota | 31 | $ 2,830,000 | $ 91,000 | $ 67,000 |
| Aitkin County Minnesota | 28 | $ 4,534,000 | $ 161,000 | $ 99,000 |
| Koochiching County Minnesota | 28 | $ 3,212,000 | $ 114,000 | $ 73,000 |
| Pennington County Minnesota | 26 | $ 2,889,000 | $ 111,000 | $ 71,000 |
| Pierce County Wisconsin | 26 | $ 3,630,000 | $ 139,000 | $ 75,000 |
| Cass County Minnesota | 23 | $ 3,635,000 | $ 158,000 | $ 99,000 |
| Rice County Minnesota | 23 | $ 4,593,000 | $ 199,000 | $ 95,000 |
| Meade County South Dakota | 23 | $ 3,835,000 | $ 166,000 | $ 20,000 |
| Faribault County Minnesota | 22 | $ 2,428,000 | $ 110,000 | $ 98,000 |
| Manitowoc County Wisconsin | 22 | $ 3,788,000 | $ 172,000 | $ 121,000 |
| Vernon County Wisconsin | 22 | $ 2,340,000 | $ 106,000 | $ 72,000 |
| Polk County Minnesota | 21 | $ 3,222,000 | $ 153,000 | $ 94,000 |
| Jefferson County Iowa | 20 | $ 2,844,000 | $ 142,000 | $ 40,000 |
| Carver County Minnesota | 20 | $ 4,400,000 | $ 220,000 | $ 109,000 |
| Cottonwood County Minnesota | 20 | $ 2,174,000 | $ 108,000 | $ 69,000 |
| McKenzie County North Dakota | 20 | $ 4,145,000 | $ 207,000 | $ 93,000 |
| Anoka County Minnesota | 19 | $ 3,459,000 | $ 182,000 | $ 99,000 |
| Nicollet County Minnesota | 19 | $ 2,750,000 | $ 144,000 | $ 74,000 |
| Walsh County North Dakota | 19 | $ 2,270,000 | $ 119,000 | $ 103,000 |
| Richland County Wisconsin | 19 | $ 2,253,000 | $ 118,000 | $ 77,000 |
| Kandiyohi County Minnesota | 17 | $ 2,793,000 | $ 164,000 | $ 78,000 |
| Waseca County Minnesota | 17 | $ 1,769,000 | $ 104,000 | $ 65,000 |
| Cerro Gordo County Iowa | 16 | $ 2,130,000 | $ 133,000 | $ 60,000 |
| Polk County Iowa | 16 | $ 2,356,000 | $ 147,000 | $ 83,000 |
| Sherburne County Minnesota | 16 | $ 2,436,000 | $ 152,000 | $ 103,000 |
| Crow Wing County Minnesota | 15 | $ 3,237,000 | $ 215,000 | $ 198,000 |
| Lake of the Woods County Minnesota | 15 | $ 1,815,000 | $ 121,000 | $ 69,000 |
| Mower County Minnesota | 15 | $ 1,739,000 | $ 115,000 | $ 55,000 |
| Butte County South Dakota | 15 | $ 2,072,000 | $ 138,000 | $ 8,000 |
| Barron County Wisconsin | 15 | $ 1,683,000 | $ 112,000 | $ 98,000 |
| Monroe County Wisconsin | 15 | $ 1,550,000 | $ 103,000 | $ 116,000 |
| Dodge County Minnesota | 14 | $ 2,230,000 | $ 159,000 | $ 63,000 |
| Pembina County North Dakota | 14 | $ 1,465,000 | $ 104,000 | $ 78,000 |
| Brown County Minnesota | 13 | $ 1,645,000 | $ 126,000 | $ 79,000 |
| Benton County Minnesota | 12 | $ 2,455,000 | $ 204,000 | $ 86,000 |
| Clay County Minnesota | 11 | $ 1,820,000 | $ 165,000 | $ 74,000 |
| Freeborn County Minnesota | 11 | $ 1,527,000 | $ 138,000 | $ 94,000 |
| Stearns County Minnesota | 11 | $ 2,151,000 | $ 195,000 | $ 122,000 |
| Burleigh County North Dakota | 11 | $ 2,074,000 | $ 188,000 | $ 75,000 |
| Washburn County Wisconsin | 11 | $ 1,521,000 | $ 138,000 | $ 82,000 |
| Henry County Iowa | 10 | $ 1,149,000 | $ 114,000 | $ 30,000 |
| Kanabec County Minnesota | 10 | $ 1,841,000 | $ 184,000 | $ 83,000 |
| Stark County North Dakota | 10 | $ 2,172,000 | $ 217,000 | $ 130,000 |
| Hughes County South Dakota | 10 | $ 1,218,000 | $ 121,000 | $ 79,000 |
| Walworth County Wisconsin | 10 | $ 2,217,000 | $ 221,000 | $ 108,000 |
| Maricopa County Arizona | 9 | $ 1,910,000 | $ 212,000 | $ 207,000 |
| Beltrami County Minnesota | 9 | $ 1,491,000 | $ 165,000 | $ 93,000 |
| Le Sueur County Minnesota | 9 | $ 2,104,000 | $ 233,000 | $ 170,000 |
| Grant County Wisconsin | 9 | $ 1,133,000 | $ 125,000 | $ 77,000 |
| Rock County Wisconsin | 9 | $ 1,371,000 | $ 152,000 | $ 145,000 |
| Des Moines County Iowa | 8 | $ 822,000 | $ 102,000 | $ 54,000 |
| Warren County Iowa | 8 | $ 1,530,000 | $ 191,000 | $ 68,000 |
| Kittson County Minnesota | 8 | $ 1,076,000 | $ 134,000 | $ 127,000 |
| Crawford County Wisconsin | 8 | $ 929,000 | $ 116,000 | $ 85,000 |
| Douglas County Wisconsin | 8 | $ 919,000 | $ 114,000 | $ 65,000 |
| Allamakee County Iowa | 7 | $ 730,000 | $ 104,000 | $ 49,000 |
| Murray County Minnesota | 7 | $ 712,000 | $ 101,000 | $ 102,000 |
| Red Lake County Minnesota | 7 | $ 704,000 | $ 100,000 | $ 72,000 |
| Sibley County Minnesota | 7 | $ 978,000 | $ 139,000 | $ 101,000 |
| LaMoure County North Dakota | 7 | $ 631,000 | $ 90,000 | $ 99,000 |
| Mercer County North Dakota | 7 | $ 804,000 | $ 114,000 | $ 67,000 |
| Johnson County Iowa | 6 | $ 959,000 | $ 159,000 | $ 23,000 |
| Linn County Iowa | 6 | $ 944,000 | $ 157,000 | $ 78,000 |
| Marion County Iowa | 6 | $ 784,000 | $ 130,000 | $ 0 |
| Winneshiek County Iowa | 6 | $ 765,000 | $ 127,000 | $ 58,000 |
| Marshall County Minnesota | 6 | $ 552,000 | $ 92,000 | $ 64,000 |
| St. Croix County Wisconsin | 6 | $ 1,259,000 | $ 209,000 | $ 89,000 |
| Lac qui Parle County Minnesota | 5 | $ 548,000 | $ 109,000 | $ 70,000 |
| Lincoln County Minnesota | 5 | $ 560,000 | $ 112,000 | $ 67,000 |
| Hettinger County North Dakota | 5 | $ 609,000 | $ 121,000 | $ 57,000 |
| Williams County North Dakota | 5 | $ 949,000 | $ 189,000 | $ 190,000 |
| Adams County Wisconsin | 5 | $ 555,000 | $ 111,000 | $ 125,000 |
| Pepin County Wisconsin | 5 | $ 641,000 | $ 128,000 | $ 84,000 |
| Mitchell County Iowa | 4 | $ 339,000 | $ 84,000 | $ 66,000 |
| Story County Iowa | 4 | $ 579,000 | $ 144,000 | $ 63,000 |
| Cook County Minnesota | 4 | $ 646,000 | $ 161,000 | $ 52,000 |
| Pope County Minnesota | 4 | $ 356,000 | $ 89,000 | $ 39,000 |
| Redwood County Minnesota | 4 | $ 560,000 | $ 140,000 | $ 70,000 |
| Todd County Minnesota | 4 | $ 420,000 | $ 105,000 | $ 79,000 |
| Nelson County North Dakota | 4 | $ 482,000 | $ 120,000 | $ 93,000 |
| Charles Mix County South Dakota | 4 | $ 414,000 | $ 103,000 | $ 50,000 |
| Sully County South Dakota | 4 | $ 757,000 | $ 189,000 | $ 108,000 |
| Chippewa County Wisconsin | 4 | $ 527,000 | $ 131,000 | $ 97,000 |
| Eau Claire County Wisconsin | 4 | $ 619,000 | $ 154,000 | $ 91,000 |
| Polk County Wisconsin | 4 | $ 601,000 | $ 150,000 | $ 75,000 |
| Sawyer County Wisconsin | 4 | $ 1,094,000 | $ 273,000 | $ 260,000 |
| Lee County Florida | 3 | $ 740,000 | $ 246,000 | $ 118,000 |
| Dickinson County Iowa | 3 | $ 842,000 | $ 280,000 | $ 96,000 |
| Keokuk County Iowa | 3 | $ 223,000 | $ 74,000 | $ 0 |
| Lee County Iowa | 3 | $ 463,000 | $ 154,000 | $ 97,000 |
| Worth County Iowa | 3 | $ 347,000 | $ 115,000 | $ 69,000 |
| Carlton County Minnesota | 3 | $ 334,000 | $ 111,000 | $ 60,000 |
| Grant County Minnesota | 3 | $ 271,000 | $ 90,000 | $ 55,000 |
| Meeker County Minnesota | 3 | $ 416,000 | $ 138,000 | $ 68,000 |
| Mille Lacs County Minnesota | 3 | $ 729,000 | $ 243,000 | $ 157,000 |
| Wadena County Minnesota | 3 | $ 309,000 | $ 103,000 | $ 66,000 |
| Watonwan County Minnesota | 3 | $ 341,000 | $ 113,000 | $ 122,000 |
| Yellow Medicine County Minnesota | 3 | $ 251,000 | $ 83,000 | $ 60,000 |
| Bowman County North Dakota | 3 | $ 385,000 | $ 128,000 | $ 197,000 |
| Pierce County North Dakota | 3 | $ 243,000 | $ 81,000 | $ 60,000 |
| Renville County North Dakota | 3 | $ 389,000 | $ 129,000 | $ 70,000 |
| Tripp County South Dakota | 3 | $ 181,000 | $ 60,000 | $ 99,000 |
| Dane County Wisconsin | 3 | $ 515,000 | $ 171,000 | $ 95,000 |
| Crook County Wyoming | 3 | $ 696,000 | $ 232,000 | $ 0 |
| Boone County Iowa | 2 | $ 422,000 | $ 211,000 | $ 111,000 |
| Bremer County Iowa | 2 | $ 177,000 | $ 88,000 | $ 87,000 |
| Dubuque County Iowa | 2 | $ 470,000 | $ 235,000 | $ 87,000 |
| Mahaska County Iowa | 2 | $ 358,000 | $ 179,000 | $ 52,000 |
| Van Buren County Iowa | 2 | $ 250,000 | $ 125,000 | $ 24,000 |
| Chisago County Minnesota | 2 | $ 239,000 | $ 119,000 | $ 48,000 |
| Isanti County Minnesota | 2 | $ 496,000 | $ 248,000 | $ 129,000 |
| Martin County Minnesota | 2 | $ 204,000 | $ 102,000 | $ 64,000 |
| McLeod County Minnesota | 2 | $ 200,000 | $ 100,000 | $ 68,000 |
| Billings County North Dakota | 2 | $ 272,000 | $ 136,000 | $ 88,000 |
| Dunn County North Dakota | 2 | $ 345,000 | $ 172,000 | $ 15,000 |
| Mountrail County North Dakota | 2 | $ 243,000 | $ 121,000 | $ 124,000 |
| Oliver County North Dakota | 2 | $ 343,000 | $ 171,000 | $ 71,000 |
| Steele County North Dakota | 2 | $ 201,000 | $ 100,000 | $ 92,000 |
| Ward County North Dakota | 2 | $ 216,000 | $ 108,000 | $ 64,000 |
| Hamlin County South Dakota | 2 | $ 396,000 | $ 198,000 | $ 177,000 |
| Lincoln County South Dakota | 2 | $ 236,000 | $ 118,000 | $ 56,000 |
| Stanley County South Dakota | 2 | $ 299,000 | $ 149,000 | $ 92,000 |
| Union County South Dakota | 2 | $ 253,000 | $ 126,000 | $ 69,000 |
| Dodge County Wisconsin | 2 | $ 91,000 | $ 45,000 | $ 24,000 |
| Juneau County Wisconsin | 2 | $ 213,000 | $ 106,000 | $ 124,000 |
| Kenosha County Wisconsin | 2 | $ 372,000 | $ 186,000 | $ 82,000 |
| Racine County Wisconsin | 2 | $ 362,000 | $ 181,000 | $ 114,000 |
| Rusk County Wisconsin | 2 | $ 158,000 | $ 79,000 | $ 60,000 |
| Waupaca County Wisconsin | 2 | $ 302,000 | $ 151,000 | $ 91,000 |
| Campbell County Wyoming | 2 | $ 350,000 | $ 175,000 | $ 0 |
| Lake County Florida | 1 | $ 103,000 | $ 103,000 | $ 70,000 |
| Polk County Florida | 1 | $ 152,000 | $ 152,000 | $ 66,000 |
| Maui County Hawaii | 1 | $ 384,000 | $ 384,000 | $ 113,000 |
| Cook County Illinois | 1 | $ 111,000 | $ 111,000 | $ 50,000 |
| Kane County Illinois | 1 | $ 315,000 | $ 315,000 | $ 82,000 |
| Knox County Illinois | 1 | $ 143,000 | $ 143,000 | $ 72,000 |
| McHenry County Illinois | 1 | $ 188,000 | $ 188,000 | $ 252,000 |
| Clarke County Iowa | 1 | $ 168,000 | $ 168,000 | $ 77,000 |
| Dallas County Iowa | 1 | $ 252,000 | $ 252,000 | $ 171,000 |
| Franklin County Iowa | 1 | $ 180,000 | $ 180,000 | $ 79,000 |
| Jackson County Iowa | 1 | $ 201,000 | $ 201,000 | $ 78,000 |
| Jones County Iowa | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Louisa County Iowa | 1 | $ 116,000 | $ 116,000 | $ 0 |
| Madison County Iowa | 1 | $ 184,000 | $ 184,000 | $ 35,000 |
| Muscatine County Iowa | 1 | $ 101,000 | $ 101,000 | $ 75,000 |
| Osceola County Iowa | 1 | $ 48,000 | $ 48,000 | $ 61,000 |
| Scott County Iowa | 1 | $ 164,000 | $ 164,000 | $ 63,000 |
| Wapello County Iowa | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Winnebago County Iowa | 1 | $ 245,000 | $ 245,000 | $ 117,000 |
| Big Stone County Minnesota | 1 | $ 54,000 | $ 54,000 | $ 95,000 |
| Morrison County Minnesota | 1 | $ 98,000 | $ 98,000 | $ 88,000 |
| Pine County Minnesota | 1 | $ 66,000 | $ 66,000 | $ 23,000 |
| Renville County Minnesota | 1 | $ 44,000 | $ 44,000 | $ 42,000 |
| Flathead County Montana | 1 | $ 244,000 | $ 244,000 | $ 206,000 |
| Lewis and Clark County Montana | 1 | $ 200,000 | $ 200,000 | $ 135,000 |
| Missoula County Montana | 1 | $ 163,000 | $ 163,000 | $ 104,000 |
| Lancaster County Nebraska | 1 | $ 124,000 | $ 124,000 | $ 66,000 |
| Platte County Nebraska | 1 | $ 226,000 | $ 226,000 | $ 80,000 |
| Benson County North Dakota | 1 | $ 80,000 | $ 80,000 | $ 113,000 |
| Morton County North Dakota | 1 | $ 248,000 | $ 248,000 | $ 162,000 |
| Sargent County North Dakota | 1 | $ 202,000 | $ 202,000 | $ 158,000 |
| Towner County North Dakota | 1 | $ 61,000 | $ 61,000 | $ 88,000 |
| Traill County North Dakota | 1 | $ 133,000 | $ 133,000 | $ 104,000 |
| Stark County Ohio | 1 | $ 185,000 | $ 185,000 | $ 102,000 |
| Campbell County South Dakota | 1 | $ 170,000 | $ 170,000 | $ 57,000 |
| Custer County South Dakota | 1 | $ 107,000 | $ 107,000 | $ 101,000 |
| Edmunds County South Dakota | 1 | $ 39,000 | $ 39,000 | $ 17,000 |
| Fall River County South Dakota | 1 | $ 149,000 | $ 149,000 | $ 141,000 |
| Gregory County South Dakota | 1 | $ 67,000 | $ 67,000 | $ 53,000 |
| Haakon County South Dakota | 1 | $ 75,000 | $ 75,000 | $ 55,000 |
| Harding County South Dakota | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Minnehaha County South Dakota | 1 | $ 126,000 | $ 126,000 | $ 72,000 |
| Perkins County South Dakota | 1 | $ 116,000 | $ 116,000 | $ 0 |
| Potter County South Dakota | 1 | $ 106,000 | $ 106,000 | $ 58,000 |
| Spink County South Dakota | 1 | $ 111,000 | $ 111,000 | $ 34,000 |
| Bayfield County Wisconsin | 1 | $ 229,000 | $ 229,000 | $ 291,000 |
| Brown County Wisconsin | 1 | $ 150,000 | $ 150,000 | $ 61,000 |
| Calumet County Wisconsin | 1 | $ 148,000 | $ 148,000 | $ 42,000 |
| Jackson County Wisconsin | 1 | $ 63,000 | $ 63,000 | $ 49,000 |
| Jefferson County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
| Marathon County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 73,000 |
| Marquette County Wisconsin | 1 | $ 136,000 | $ 136,000 | $ 82,000 |
| Milwaukee County Wisconsin | 1 | $ 356,000 | $ 356,000 | $ 0 |
| Oneida County Wisconsin | 1 | $ 360,000 | $ 360,000 | $ 472,000 |
| Outagamie County Wisconsin | 1 | $ 164,000 | $ 164,000 | $ 105,000 |
| Price County Wisconsin | 1 | $ 96,000 | $ 96,000 | $ 107,000 |
| Sheboygan County Wisconsin | 1 | $ 97,000 | $ 97,000 | $ 37,000 |
| Vilas County Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 277,000 |
| Waushara County Wisconsin | 1 | $ 417,000 | $ 417,000 | $ 409,000 |
| Carbon County Wyoming | 1 | $ 242,000 | $ 242,000 | $ 99,000 |
| Natrona County Wyoming | 1 | $ 415,000 | $ 415,000 | $ 0 |
Mortgage Loan Application Detail Totals for Merchants Bank, National Association in 2013
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 | 2,966 | $457,378,000 | $154,000 | $3,800,000 | $83,000 | $1,537,000 |
| Home Purchase | 1,624 | $284,872,000 | $175,000 | $615,000 | $89,000 | $1,484,000 |
| Home Improvement | 179 | $17,365,000 | $97,000 | $417,000 | $76,000 | $558,000 |
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 | 3,720 | $573,148,000 | $154,000 | $3,800,000 | $90,000 | $1,537,000 |
| Not Provided | 627 | $115,374,000 | $184,000 | $905,000 | $99,000 | $922,000 |
| Not applicable | 335 | $59,596,000 | $177,000 | $2,440,000 | $0 | $0 |
| Hispanic | 42 | $5,381,000 | $128,000 | $400,000 | $69,000 | $260,000 |
| Asian | 30 | $3,824,000 | $127,000 | $411,000 | $81,000 | $400,000 |
| Black or African American | 11 | $1,655,000 | $150,000 | $273,000 | $75,000 | $138,000 |
| American Indian or Alaskan Native | 4 | $637,000 | $159,000 | $302,000 | $81,000 | $112,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 4,585 | $734,840,000 | $160,000 | $3,800,000 | $86,000 | $1,537,000 |
| FHA-insured (Federal Housing Administration) | 89 | $11,814,000 | $132,000 | $371,000 | $59,000 | $490,000 |
| VA-guaranteed (Veterans Administration) | 48 | $7,926,000 | $165,000 | $349,000 | $70,000 | $157,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 47 | $5,035,000 | $107,000 | $302,000 | $40,000 | $96,000 |
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 | 3,569 | $565,797,000 | $158,000 | $1,552,000 | $90,000 | $1,537,000 |
| Application Approved But Not Accepted | 425 | $76,689,000 | $180,000 | $3,800,000 | $100,000 | $922,000 |
| Application Denied By Financial Institution | 311 | $47,735,000 | $153,000 | $417,000 | $80,000 | $1,385,000 |
| Loan Purchased By The Institution | 233 | $34,264,000 | $147,000 | $415,000 | $0 | $0 |
| File Closed For Incompleteness | 140 | $22,196,000 | $158,000 | $400,000 | $82,000 | $412,000 |
| Application Withdrawn By Applicant | 91 | $12,934,000 | $142,000 | $417,000 | $67,000 | $386,000 |
| 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 | 99 | $16,964,000 | $171,000 | $408,000 | $113,000 | $1,385,000 |
| Debt-To-Income Ratio | 81 | $12,635,000 | $155,000 | $380,000 | $58,000 | $239,000 |
| Credit History | 61 | $7,170,000 | $117,000 | $291,000 | $64,000 | $155,000 |
| Other | 51 | $7,718,000 | $151,000 | $417,000 | $75,000 | $227,000 |
| Employment History | 9 | $1,202,000 | $133,000 | $299,000 | $47,000 | $92,000 |
| Mortgage Insurance Denied | 4 | $940,000 | $235,000 | $266,000 | $90,000 | $122,000 |
| Unverifiable Information | 3 | $689,000 | $229,000 | $341,000 | $100,000 | $234,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $417,000 | $139,000 | $212,000 | $83,000 | $118,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants Bank, National Association's 2013 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.