Merchants Bank, National Association
HMDA Loan Application Totals
and Mortgage Lending Details
for 2015
Merchants Bank, National Association 2015 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 | 3,478 |
| Total Mortgage Loan Application Amount | $632,136,000 |
| Average Mortgage Loan Application Amount | $159,333 |
| Highest Mortgage Loan Application Amount | $14,000,000 |
| Average Applicant Income | $86,000 |
| Highest Applicant Income | $1,761,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2015 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 2015 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 2015.
| 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 | 480 | $ 70,570,000 | $ 147,000 | $ 76,000 |
| La Crosse County Wisconsin | 266 | $ 57,735,000 | $ 217,000 | $ 87,000 |
| Dakota County Minnesota | 208 | $ 44,188,000 | $ 212,000 | $ 98,000 |
| Olmsted County Minnesota | 203 | $ 37,822,000 | $ 186,000 | $ 94,000 |
| Houston County Minnesota | 183 | $ 27,146,000 | $ 148,000 | $ 75,000 |
| Otter Tail County Minnesota | 150 | $ 25,961,000 | $ 173,000 | $ 99,000 |
| Hennepin County Minnesota | 117 | $ 28,818,000 | $ 246,000 | $ 107,000 |
| Goodhue County Minnesota | 110 | $ 21,803,000 | $ 198,000 | $ 84,000 |
| Fillmore County Minnesota | 89 | $ 10,713,000 | $ 120,000 | $ 66,000 |
| Washington County Minnesota | 78 | $ 22,498,000 | $ 288,000 | $ 143,000 |
| Scott County Minnesota | 72 | $ 19,183,000 | $ 266,000 | $ 143,000 |
| Hubbard County Minnesota | 50 | $ 8,541,000 | $ 170,000 | $ 95,000 |
| Grand Forks County North Dakota | 50 | $ 8,582,000 | $ 171,000 | $ 116,000 |
| Rice County Minnesota | 47 | $ 8,199,000 | $ 174,000 | $ 77,000 |
| Eau Claire County Wisconsin | 45 | $ 12,073,000 | $ 268,000 | $ 69,000 |
| Buffalo County Wisconsin | 44 | $ 5,917,000 | $ 134,000 | $ 66,000 |
| Lawrence County South Dakota | 41 | $ 7,732,000 | $ 188,000 | $ 4,000 |
| Becker County Minnesota | 39 | $ 8,037,000 | $ 206,000 | $ 138,000 |
| Ramsey County Minnesota | 37 | $ 7,210,000 | $ 194,000 | $ 110,000 |
| Wright County Minnesota | 37 | $ 6,427,000 | $ 173,000 | $ 82,000 |
| St. Louis County Minnesota | 36 | $ 5,484,000 | $ 152,000 | $ 103,000 |
| Lyon County Minnesota | 32 | $ 4,848,000 | $ 151,000 | $ 77,000 |
| Cass County Minnesota | 30 | $ 4,879,000 | $ 162,000 | $ 106,000 |
| Pennington County South Dakota | 30 | $ 6,032,000 | $ 201,000 | $ 2,000 |
| Washington County Iowa | 29 | $ 3,998,000 | $ 137,000 | $ 0 |
| Nobles County Minnesota | 28 | $ 2,794,000 | $ 99,000 | $ 64,000 |
| McLean County North Dakota | 28 | $ 5,313,000 | $ 189,000 | $ 96,000 |
| Winnebago County Illinois | 26 | $ 4,411,000 | $ 169,000 | $ 143,000 |
| Wabasha County Minnesota | 26 | $ 4,010,000 | $ 154,000 | $ 74,000 |
| Polk County Minnesota | 25 | $ 3,320,000 | $ 132,000 | $ 74,000 |
| Cass County North Dakota | 25 | $ 5,673,000 | $ 226,000 | $ 120,000 |
| Anoka County Minnesota | 23 | $ 5,603,000 | $ 243,000 | $ 89,000 |
| Carver County Minnesota | 23 | $ 6,797,000 | $ 295,000 | $ 157,000 |
| Blue Earth County Minnesota | 21 | $ 3,994,000 | $ 190,000 | $ 85,000 |
| Trempealeau County Wisconsin | 21 | $ 4,407,000 | $ 209,000 | $ 76,000 |
| Stearns County Minnesota | 20 | $ 4,046,000 | $ 202,000 | $ 93,000 |
| Jefferson County Iowa | 19 | $ 3,253,000 | $ 171,000 | $ 12,000 |
| Monroe County Wisconsin | 18 | $ 2,777,000 | $ 154,000 | $ 66,000 |
| Benton County Minnesota | 17 | $ 3,051,000 | $ 179,000 | $ 86,000 |
| Dodge County Minnesota | 17 | $ 2,664,000 | $ 156,000 | $ 70,000 |
| Pierce County Wisconsin | 16 | $ 2,387,000 | $ 149,000 | $ 82,000 |
| Kandiyohi County Minnesota | 15 | $ 2,456,000 | $ 163,000 | $ 107,000 |
| Steele County Minnesota | 15 | $ 1,944,000 | $ 129,000 | $ 74,000 |
| Mercer County North Dakota | 15 | $ 2,696,000 | $ 179,000 | $ 102,000 |
| Douglas County Minnesota | 14 | $ 2,850,000 | $ 203,000 | $ 95,000 |
| Butte County South Dakota | 14 | $ 1,755,000 | $ 125,000 | $ 0 |
| Chippewa County Wisconsin | 14 | $ 2,712,000 | $ 193,000 | $ 77,000 |
| Cerro Gordo County Iowa | 13 | $ 1,391,000 | $ 107,000 | $ 56,000 |
| McKenzie County North Dakota | 13 | $ 2,962,000 | $ 227,000 | $ 102,000 |
| Ramsey County North Dakota | 13 | $ 2,389,000 | $ 183,000 | $ 98,000 |
| Meade County South Dakota | 13 | $ 2,862,000 | $ 220,000 | $ 0 |
| Faribault County Minnesota | 12 | $ 1,225,000 | $ 102,000 | $ 80,000 |
| Jackson County Minnesota | 12 | $ 1,553,000 | $ 129,000 | $ 65,000 |
| Nicollet County Minnesota | 12 | $ 2,125,000 | $ 177,000 | $ 118,000 |
| Pembina County North Dakota | 12 | $ 1,191,000 | $ 99,000 | $ 69,000 |
| Vernon County Wisconsin | 12 | $ 2,090,000 | $ 174,000 | $ 93,000 |
| Mower County Minnesota | 11 | $ 1,808,000 | $ 164,000 | $ 76,000 |
| Chisago County Minnesota | 10 | $ 2,503,000 | $ 250,000 | $ 92,000 |
| Meeker County Minnesota | 10 | $ 1,388,000 | $ 138,000 | $ 69,000 |
| Mille Lacs County Minnesota | 10 | $ 1,808,000 | $ 180,000 | $ 120,000 |
| Crow Wing County Minnesota | 9 | $ 1,267,000 | $ 140,000 | $ 103,000 |
| Sherburne County Minnesota | 9 | $ 2,162,000 | $ 240,000 | $ 82,000 |
| Cottonwood County Minnesota | 8 | $ 766,000 | $ 95,000 | $ 65,000 |
| Sibley County Minnesota | 8 | $ 866,000 | $ 108,000 | $ 78,000 |
| Maricopa County Arizona | 7 | $ 1,241,000 | $ 177,000 | $ 107,000 |
| Allamakee County Iowa | 7 | $ 931,000 | $ 133,000 | $ 42,000 |
| Beltrami County Minnesota | 7 | $ 893,000 | $ 127,000 | $ 107,000 |
| Grant County Minnesota | 7 | $ 725,000 | $ 103,000 | $ 74,000 |
| Burleigh County North Dakota | 7 | $ 1,460,000 | $ 208,000 | $ 70,000 |
| St. Croix County Wisconsin | 7 | $ 1,001,000 | $ 143,000 | $ 196,000 |
| Freeborn County Minnesota | 6 | $ 669,000 | $ 111,000 | $ 49,000 |
| Le Sueur County Minnesota | 6 | $ 1,126,000 | $ 187,000 | $ 134,000 |
| Waseca County Minnesota | 6 | $ 881,000 | $ 146,000 | $ 47,000 |
| Jackson County Wisconsin | 6 | $ 1,543,000 | $ 257,000 | $ 149,000 |
| Boone County Illinois | 5 | $ 1,328,000 | $ 265,000 | $ 246,000 |
| Linn County Iowa | 5 | $ 1,159,000 | $ 231,000 | $ 137,000 |
| Aitkin County Minnesota | 5 | $ 683,000 | $ 136,000 | $ 76,000 |
| Brown County Minnesota | 5 | $ 902,000 | $ 180,000 | $ 76,000 |
| Kanabec County Minnesota | 5 | $ 599,000 | $ 119,000 | $ 52,000 |
| Watonwan County Minnesota | 5 | $ 395,000 | $ 79,000 | $ 60,000 |
| Crawford County Wisconsin | 5 | $ 1,322,000 | $ 264,000 | $ 57,000 |
| Douglas County Wisconsin | 5 | $ 729,000 | $ 145,000 | $ 95,000 |
| Dunn County Wisconsin | 5 | $ 739,000 | $ 147,000 | $ 326,000 |
| Sawyer County Wisconsin | 5 | $ 993,000 | $ 198,000 | $ 103,000 |
| Henry County Iowa | 4 | $ 502,000 | $ 125,000 | $ 63,000 |
| Johnson County Iowa | 4 | $ 898,000 | $ 224,000 | $ 118,000 |
| Lee County Iowa | 4 | $ 716,000 | $ 179,000 | $ 75,000 |
| Martin County Minnesota | 4 | $ 718,000 | $ 179,000 | $ 134,000 |
| McLeod County Minnesota | 4 | $ 432,000 | $ 108,000 | $ 71,000 |
| Mountrail County North Dakota | 4 | $ 917,000 | $ 229,000 | $ 121,000 |
| Stark County North Dakota | 4 | $ 897,000 | $ 224,000 | $ 93,000 |
| Towner County North Dakota | 4 | $ 306,000 | $ 76,000 | $ 83,000 |
| Barron County Wisconsin | 4 | $ 432,000 | $ 108,000 | $ 109,000 |
| Bayfield County Wisconsin | 4 | $ 600,000 | $ 150,000 | $ 183,000 |
| Columbia County Wisconsin | 4 | $ 463,000 | $ 115,000 | $ 91,000 |
| Juneau County Wisconsin | 4 | $ 525,000 | $ 131,000 | $ 110,000 |
| Manitowoc County Wisconsin | 4 | $ 595,000 | $ 148,000 | $ 99,000 |
| Polk County Wisconsin | 4 | $ 634,000 | $ 158,000 | $ 89,000 |
| Winneshiek County Iowa | 3 | $ 187,000 | $ 62,000 | $ 55,000 |
| Carlton County Minnesota | 3 | $ 363,000 | $ 121,000 | $ 38,000 |
| Clay County Minnesota | 3 | $ 475,000 | $ 158,000 | $ 71,000 |
| Itasca County Minnesota | 3 | $ 711,000 | $ 237,000 | $ 100,000 |
| Lincoln County Minnesota | 3 | $ 176,000 | $ 58,000 | $ 69,000 |
| Murray County Minnesota | 3 | $ 620,000 | $ 206,000 | $ 135,000 |
| Pope County Minnesota | 3 | $ 921,000 | $ 307,000 | $ 190,000 |
| Gallatin County Montana | 3 | $ 852,000 | $ 284,000 | $ 820,000 |
| Dunn County North Dakota | 3 | $ 409,000 | $ 136,000 | $ 66,000 |
| Oliver County North Dakota | 3 | $ 717,000 | $ 239,000 | $ 98,000 |
| Steele County North Dakota | 3 | $ 165,000 | $ 55,000 | $ 79,000 |
| Tripp County South Dakota | 3 | $ 398,000 | $ 132,000 | $ 141,000 |
| Pinal County Arizona | 2 | $ 527,000 | $ 263,000 | $ 352,000 |
| Chickasaw County Iowa | 2 | $ 344,000 | $ 172,000 | $ 48,000 |
| Des Moines County Iowa | 2 | $ 448,000 | $ 224,000 | $ 92,000 |
| Jones County Iowa | 2 | $ 308,000 | $ 154,000 | $ 63,000 |
| Keokuk County Iowa | 2 | $ 240,000 | $ 120,000 | $ 0 |
| Marion County Iowa | 2 | $ 300,000 | $ 150,000 | $ 53,000 |
| Polk County Iowa | 2 | $ 403,000 | $ 201,000 | $ 0 |
| Big Stone County Minnesota | 2 | $ 305,000 | $ 152,000 | $ 51,000 |
| Isanti County Minnesota | 2 | $ 283,000 | $ 141,000 | $ 65,000 |
| Kittson County Minnesota | 2 | $ 236,000 | $ 118,000 | $ 145,000 |
| Marshall County Minnesota | 2 | $ 279,000 | $ 139,000 | $ 68,000 |
| Morrison County Minnesota | 2 | $ 278,000 | $ 139,000 | $ 58,000 |
| Pine County Minnesota | 2 | $ 369,000 | $ 184,000 | $ 213,000 |
| Todd County Minnesota | 2 | $ 335,000 | $ 167,000 | $ 82,000 |
| Wadena County Minnesota | 2 | $ 292,000 | $ 146,000 | $ 74,000 |
| Douglas County Nebraska | 2 | $ 300,000 | $ 150,000 | $ 281,000 |
| Lancaster County Nebraska | 2 | $ 264,000 | $ 132,000 | $ 105,000 |
| Benson County North Dakota | 2 | $ 147,000 | $ 73,000 | $ 52,000 |
| Bowman County North Dakota | 2 | $ 325,000 | $ 162,000 | $ 94,000 |
| LaMoure County North Dakota | 2 | $ 119,000 | $ 59,000 | $ 65,000 |
| Nelson County North Dakota | 2 | $ 180,000 | $ 90,000 | $ 59,000 |
| Custer County South Dakota | 2 | $ 371,000 | $ 185,000 | $ 0 |
| Gregory County South Dakota | 2 | $ 379,000 | $ 189,000 | $ 77,000 |
| Harding County South Dakota | 2 | $ 206,000 | $ 103,000 | $ 0 |
| Cameron County Texas | 2 | $ 274,000 | $ 137,000 | $ 80,000 |
| Adams County Wisconsin | 2 | $ 302,000 | $ 151,000 | $ 411,000 |
| Burnett County Wisconsin | 2 | $ 187,000 | $ 93,000 | $ 53,000 |
| Dane County Wisconsin | 2 | $ 515,000 | $ 257,000 | $ 204,000 |
| Milwaukee County Wisconsin | 2 | $ 168,000 | $ 84,000 | $ 73,000 |
| Pepin County Wisconsin | 2 | $ 428,000 | $ 214,000 | $ 104,000 |
| Richland County Wisconsin | 2 | $ 455,000 | $ 227,000 | $ 52,000 |
| Rusk County Wisconsin | 2 | $ 329,000 | $ 164,000 | $ 56,000 |
| Vilas County Wisconsin | 2 | $ 511,000 | $ 255,000 | $ 420,000 |
| Waukesha County Wisconsin | 2 | $ 313,000 | $ 156,000 | $ 129,000 |
| Yuma County Arizona | 1 | $ 200,000 | $ 200,000 | $ 140,000 |
| Arapahoe County Colorado | 1 | $ 81,000 | $ 81,000 | $ 132,000 |
| Denver County Colorado | 1 | $ 108,000 | $ 108,000 | $ 60,000 |
| Eagle County Colorado | 1 | $ 360,000 | $ 360,000 | $ 98,000 |
| Charlotte County Florida | 1 | $ 124,000 | $ 124,000 | $ 65,000 |
| Lee County Florida | 1 | $ 379,000 | $ 379,000 | $ 325,000 |
| Pinellas County Florida | 1 | $ 60,000 | $ 60,000 | $ 152,000 |
| Sarasota County Florida | 1 | $ 100,000 | $ 100,000 | $ 76,000 |
| Sumter County Florida | 1 | $ 206,000 | $ 206,000 | $ 336,000 |
| Cook County Illinois | 1 | $ 192,000 | $ 192,000 | $ 70,000 |
| DuPage County Illinois | 1 | $ 1,035,000 | $ 1,035,000 | $ 237,000 |
| Kane County Illinois | 1 | $ 275,000 | $ 275,000 | $ 141,000 |
| Ogle County Illinois | 1 | $ 100,000 | $ 100,000 | $ 102,000 |
| Whiteside County Illinois | 1 | $ 60,000 | $ 60,000 | $ 203,000 |
| Black Hawk County Iowa | 1 | $ 117,000 | $ 117,000 | $ 0 |
| Bremer County Iowa | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Clay County Iowa | 1 | $ 111,000 | $ 111,000 | $ 37,000 |
| Dallas County Iowa | 1 | $ 80,000 | $ 80,000 | $ 35,000 |
| Floyd County Iowa | 1 | $ 173,000 | $ 173,000 | $ 85,000 |
| Hancock County Iowa | 1 | $ 175,000 | $ 175,000 | $ 66,000 |
| Jasper County Iowa | 1 | $ 360,000 | $ 360,000 | $ 92,000 |
| Madison County Iowa | 1 | $ 197,000 | $ 197,000 | $ 115,000 |
| Mitchell County Iowa | 1 | $ 50,000 | $ 50,000 | $ 58,000 |
| Van Buren County Iowa | 1 | $ 116,000 | $ 116,000 | $ 54,000 |
| Wapello County Iowa | 1 | $ 74,000 | $ 74,000 | $ 0 |
| Washtenaw County Michigan | 1 | $ 120,000 | $ 120,000 | $ 279,000 |
| Chippewa County Minnesota | 1 | $ 158,000 | $ 158,000 | $ 149,000 |
| Norman County Minnesota | 1 | $ 50,000 | $ 50,000 | $ 224,000 |
| Renville County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 47,000 |
| Roseau County Minnesota | 1 | $ 98,000 | $ 98,000 | $ 93,000 |
| Yellow Medicine County Minnesota | 1 | $ 91,000 | $ 91,000 | $ 44,000 |
| Clark County Missouri | 1 | $ 72,000 | $ 72,000 | $ 20,000 |
| Missoula County Montana | 1 | $ 776,000 | $ 776,000 | $ 0 |
| Cass County Nebraska | 1 | $ 76,000 | $ 76,000 | $ 83,000 |
| Sarpy County Nebraska | 1 | $ 187,000 | $ 187,000 | $ 118,000 |
| Seward County Nebraska | 1 | $ 100,000 | $ 100,000 | $ 103,000 |
| Iredell County North Carolina | 1 | $ 1,785,000 | $ 1,785,000 | $ 1,761,000 |
| Billings County North Dakota | 1 | $ 95,000 | $ 95,000 | $ 197,000 |
| Bottineau County North Dakota | 1 | $ 164,000 | $ 164,000 | $ 56,000 |
| Dickey County North Dakota | 1 | $ 125,000 | $ 125,000 | $ 189,000 |
| Eddy County North Dakota | 1 | $ 69,000 | $ 69,000 | $ 45,000 |
| Emmons County North Dakota | 1 | $ 62,000 | $ 62,000 | $ 48,000 |
| Hettinger County North Dakota | 1 | $ 90,000 | $ 90,000 | $ 52,000 |
| McHenry County North Dakota | 1 | $ 245,000 | $ 245,000 | $ 85,000 |
| Morton County North Dakota | 1 | $ 330,000 | $ 330,000 | $ 109,000 |
| Pierce County North Dakota | 1 | $ 235,000 | $ 235,000 | $ 102,000 |
| Ransom County North Dakota | 1 | $ 257,000 | $ 257,000 | $ 207,000 |
| Rolette County North Dakota | 1 | $ 52,000 | $ 52,000 | $ 76,000 |
| Slope County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 107,000 |
| Traill County North Dakota | 1 | $ 105,000 | $ 105,000 | $ 64,000 |
| Walsh County North Dakota | 1 | $ 52,000 | $ 52,000 | $ 45,000 |
| Ward County North Dakota | 1 | $ 85,000 | $ 85,000 | $ 125,000 |
| Tulsa County Oklahoma | 1 | $ 76,000 | $ 76,000 | $ 82,000 |
| Bennett County South Dakota | 1 | $ 50,000 | $ 50,000 | $ 0 |
| Brookings County South Dakota | 1 | $ 133,000 | $ 133,000 | $ 171,000 |
| Fall River County South Dakota | 1 | $ 349,000 | $ 349,000 | $ 0 |
| Haakon County South Dakota | 1 | $ 76,000 | $ 76,000 | $ 0 |
| Lincoln County South Dakota | 1 | $ 230,000 | $ 230,000 | $ 96,000 |
| Minnehaha County South Dakota | 1 | $ 100,000 | $ 100,000 | $ 0 |
| Roberts County South Dakota | 1 | $ 136,000 | $ 136,000 | $ 184,000 |
| Spink County South Dakota | 1 | $ 80,000 | $ 80,000 | $ 51,000 |
| Brown County Wisconsin | 1 | $ 116,000 | $ 116,000 | $ 89,000 |
| Kenosha County Wisconsin | 1 | $ 182,000 | $ 182,000 | $ 65,000 |
| Marathon County Wisconsin | 1 | $ 152,000 | $ 152,000 | $ 56,000 |
| Ozaukee County Wisconsin | 1 | $ 184,000 | $ 184,000 | $ 61,000 |
| Rock County Wisconsin | 1 | $ 104,000 | $ 104,000 | $ 26,000 |
| Sauk County Wisconsin | 1 | $ 190,000 | $ 190,000 | $ 52,000 |
| Sheboygan County Wisconsin | 1 | $ 246,000 | $ 246,000 | $ 63,000 |
| Washburn County Wisconsin | 1 | $ 209,000 | $ 209,000 | $ 106,000 |
| Wood County Wisconsin | 1 | $ 70,000 | $ 70,000 | $ 103,000 |
| Crook County Wyoming | 1 | $ 268,000 | $ 268,000 | $ 0 |
| Natrona County Wyoming | 1 | $ 225,000 | $ 225,000 | $ 0 |
Mortgage Loan Application Detail Totals for Merchants Bank, National Association in 2015
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 | 1,816 | $337,420,000 | $185,000 | $2,461,000 | $90,000 | $1,761,000 |
| Refinancing | 1,564 | $283,686,000 | $181,000 | $14,000,000 | $90,000 | $1,553,000 |
| Home Improvement | 98 | $11,030,000 | $112,000 | $1,680,000 | $78,000 | $395,000 |
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 | 2,754 | $475,328,000 | $172,000 | $2,461,000 | $96,000 | $1,761,000 |
| Not Provided | 322 | $63,910,000 | $198,000 | $1,150,000 | $119,000 | $1,553,000 |
| Not applicable | 300 | $75,905,000 | $253,000 | $14,000,000 | $0 | $0 |
| Hispanic | 41 | $5,574,000 | $135,000 | $400,000 | $80,000 | $345,000 |
| Asian | 38 | $7,721,000 | $203,000 | $417,000 | $110,000 | $535,000 |
| Black or African American | 10 | $1,910,000 | $191,000 | $332,000 | $126,000 | $307,000 |
| American Indian or Alaskan Native | 7 | $1,115,000 | $159,000 | $252,000 | $93,000 | $153,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $673,000 | $112,000 | $195,000 | $75,000 | $117,000 |
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) | 3,294 | $605,077,000 | $183,000 | $14,000,000 | $91,000 | $1,761,000 |
| FHA-insured (Federal Housing Administration) | 84 | $12,098,000 | $144,000 | $271,000 | $59,000 | $118,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 55 | $6,627,000 | $120,000 | $238,000 | $44,000 | $88,000 |
| VA-guaranteed (Veterans Administration) | 45 | $8,334,000 | $185,000 | $405,000 | $70,000 | $218,000 |
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 | 2,680 | $489,692,000 | $182,000 | $14,000,000 | $94,000 | $1,761,000 |
| Application Approved But Not Accepted | 414 | $75,011,000 | $181,000 | $1,071,000 | $96,000 | $988,000 |
| Loan Purchased By The Institution | 160 | $28,506,000 | $178,000 | $417,000 | $0 | $0 |
| Application Denied By Financial Institution | 156 | $25,773,000 | $165,000 | $550,000 | $75,000 | $600,000 |
| Application Withdrawn By Applicant | 59 | $11,958,000 | $202,000 | $610,000 | $106,000 | $341,000 |
| File Closed For Incompleteness | 9 | $1,196,000 | $132,000 | $255,000 | $94,000 | $204,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 52 | $8,125,000 | $156,000 | $550,000 | $74,000 | $315,000 |
| Debt-To-Income Ratio | 49 | $8,610,000 | $175,000 | $417,000 | $64,000 | $274,000 |
| Collateral | 33 | $5,997,000 | $181,000 | $417,000 | $108,000 | $600,000 |
| Other | 8 | $975,000 | $121,000 | $243,000 | $71,000 | $117,000 |
| Unverifiable Information | 7 | $1,324,000 | $189,000 | $275,000 | $31,000 | $87,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $510,000 | $127,000 | $172,000 | $70,000 | $118,000 |
| Employment History | 3 | $232,000 | $77,000 | $92,000 | $32,000 | $37,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants Bank, National Association's 2015 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.
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