Merit Financial, Inc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Merit Financial, Inc 2004 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 | Merit Financial, Inc 13905 Ne 128Th St Kirkland, WA 98034 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 31,297 |
| Total Mortgage Loan Application Amount | $5,114,229,000 |
| Average Mortgage Loan Application Amount | $151,028 |
| Highest Mortgage Loan Application Amount | $5,966,000 |
| Average Applicant Income | $48,018 |
| Highest Applicant Income | $3,951,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Merit Financial, Inc. 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 Merit Financial, Inc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Merit Financial, Inc'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 Merit Financial, Inc serves its applicants.
Each category highlights the total number of mortgage applications processed by Merit Financial, Inc, 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 Merit Financial, Inc's mortgage activity for 2004.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| SEATTLE-BELLEVUE-EVERETT, WA | 2,185 | $ 441,516,000 | $ 202,000 | $ 60,000 |
| BALTIMORE-TOWSON, MD | 844 | $ 133,333,000 | $ 157,000 | $ 48,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 756 | $ 137,197,000 | $ 181,000 | $ 52,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 737 | $ 106,362,000 | $ 144,000 | $ 45,000 |
| TACOMA, WA | 709 | $ 105,665,000 | $ 149,000 | $ 50,000 |
| LAS VEGAS-PARADISE, NV | 701 | $ 120,342,000 | $ 171,000 | $ 52,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 561 | $ 78,674,000 | $ 140,000 | $ 45,000 |
| PORTLAND-VANCOUVER-BEAVERTON, OR-WA | 540 | $ 85,739,000 | $ 158,000 | $ 43,000 |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 529 | $ 126,518,000 | $ 239,000 | $ 61,000 |
| CHICAGO-NAPERVILLE-JOLIET, IL | 516 | $ 83,912,000 | $ 162,000 | $ 48,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 501 | $ 64,291,000 | $ 128,000 | $ 46,000 |
| ORLANDO, FL | 456 | $ 60,045,000 | $ 131,000 | $ 41,000 |
| DENVER-AURORA, CO | 399 | $ 74,703,000 | $ 187,000 | $ 43,000 |
| SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA | 369 | $ 69,746,000 | $ 189,000 | $ 51,000 |
| SALT LAKE CITY, UT | 361 | $ 52,187,000 | $ 144,000 | $ 41,000 |
| JACKSONVILLE, FL | 319 | $ 43,602,000 | $ 136,000 | $ 47,000 |
| RICHMOND, VA | 313 | $ 43,567,000 | $ 139,000 | $ 49,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 310 | $ 45,707,000 | $ 147,000 | $ 43,000 |
| INDIANAPOLIS, IN | 292 | $ 38,203,000 | $ 130,000 | $ 49,000 |
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 282 | $ 43,708,000 | $ 154,000 | $ 43,000 |
| BETHESDA-FREDERICK-GAITHERSBURG, MD | 266 | $ 54,773,000 | $ 205,000 | $ 53,000 |
| ST. LOUIS, MO-IL | 265 | $ 35,810,000 | $ 135,000 | $ 44,000 |
| BOISE CITY-NAMPA, ID | 257 | $ 32,962,000 | $ 128,000 | $ 45,000 |
| KANSAS CITY, MO-KS | 248 | $ 30,664,000 | $ 123,000 | $ 39,000 |
| SAN DIEGO-CARLSBAD-SAN MARCOS, CA | 226 | $ 59,604,000 | $ 263,000 | $ 65,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 221 | $ 33,490,000 | $ 151,000 | $ 46,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 217 | $ 35,490,000 | $ 163,000 | $ 47,000 |
| TUCSON, AZ | 211 | $ 29,708,000 | $ 140,000 | $ 44,000 |
| SPOKANE, WA | 205 | $ 23,495,000 | $ 114,000 | $ 36,000 |
| COLORADO SPRINGS, CO | 200 | $ 29,997,000 | $ 149,000 | $ 32,000 |
| BREMERTON-SILVERDALE, WA | 196 | $ 28,009,000 | $ 142,000 | $ 39,000 |
| OAKLAND-FREMONT-HAYWARD, CA | 190 | $ 48,989,000 | $ 257,000 | $ 64,000 |
| OGDEN-CLEARFIELD, UT | 189 | $ 25,810,000 | $ 136,000 | $ 31,000 |
| PROVO-OREM, UT | 189 | $ 29,265,000 | $ 154,000 | $ 40,000 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 183 | $ 30,765,000 | $ 168,000 | $ 50,000 |
| RENO-SPARKS, NV | 174 | $ 29,096,000 | $ 167,000 | $ 42,000 |
| STOCKTON, CA | 161 | $ 31,104,000 | $ 193,000 | $ 60,000 |
| MODESTO, CA | 159 | $ 29,253,000 | $ 183,000 | $ 58,000 |
| SALEM, OR | 159 | $ 20,088,000 | $ 126,000 | $ 41,000 |
| OLYMPIA, WA | 157 | $ 21,098,000 | $ 134,000 | $ 41,000 |
| BAKERSFIELD, CA | 150 | $ 20,573,000 | $ 137,000 | $ 46,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 148 | $ 18,166,000 | $ 122,000 | $ 44,000 |
| FRESNO, CA | 139 | $ 23,073,000 | $ 165,000 | $ 54,000 |
| SARASOTA-BRADENTON-VENICE, FL | 137 | $ 18,260,000 | $ 133,000 | $ 42,000 |
| SANTA ANA-ANAHEIM-IRVINE, CA | 132 | $ 36,332,000 | $ 275,000 | $ 64,000 |
| EUGENE-SPRINGFIELD, OR | 131 | $ 17,951,000 | $ 137,000 | $ 36,000 |
| BIRMINGHAM-HOOVER, AL | 126 | $ 18,283,000 | $ 145,000 | $ 51,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 116 | $ 13,938,000 | $ 120,000 | $ 48,000 |
| GARY, IN | 114 | $ 13,591,000 | $ 119,000 | $ 43,000 |
| ANCHORAGE, AK | 112 | $ 17,917,000 | $ 159,000 | $ 30,000 |
| VISALIA-PORTERVILLE, CA | 107 | $ 15,548,000 | $ 145,000 | $ 47,000 |
| WARREN-FARMINGTON HILLS-TROY, MI | 107 | $ 17,632,000 | $ 164,000 | $ 51,000 |
| PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME | 106 | $ 16,257,000 | $ 153,000 | $ 53,000 |
| LOUISVILLE, KY-IN | 105 | $ 14,054,000 | $ 133,000 | $ 47,000 |
| CAPE CORAL-FORT MYERS, FL | 95 | $ 13,081,000 | $ 137,000 | $ 54,000 |
| HONOLULU, HI | 95 | $ 20,227,000 | $ 212,000 | $ 56,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 95 | $ 29,691,000 | $ 312,000 | $ 182,000 |
| PORT ST. LUCIE-FORT PIERCE, FL | 93 | $ 13,324,000 | $ 143,000 | $ 48,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 92 | $ 12,605,000 | $ 137,000 | $ 38,000 |
| VALLEJO-FAIRFIELD, CA | 84 | $ 19,114,000 | $ 227,000 | $ 53,000 |
| ALBUQUERQUE, NM | 81 | $ 10,560,000 | $ 130,000 | $ 25,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 79 | $ 12,526,000 | $ 158,000 | $ 46,000 |
| MERCED, CA | 77 | $ 13,471,000 | $ 174,000 | $ 58,000 |
| TALLAHASSEE, FL | 76 | $ 10,073,000 | $ 132,000 | $ 68,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 75 | $ 10,757,000 | $ 143,000 | $ 57,000 |
| LAKELAND, FL | 74 | $ 8,149,000 | $ 110,000 | $ 34,000 |
| BELLINGHAM, WA | 73 | $ 10,848,000 | $ 148,000 | $ 34,000 |
| YAKIMA, WA | 73 | $ 8,654,000 | $ 118,000 | $ 57,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 71 | $ 18,431,000 | $ 259,000 | $ 66,000 |
| DETROIT-LIVONIA-DEARBORN, MI | 70 | $ 9,888,000 | $ 141,000 | $ 65,000 |
| COLUMBIA, SC | 69 | $ 10,083,000 | $ 146,000 | $ 46,000 |
| OKLAHOMA CITY, OK | 68 | $ 9,351,000 | $ 137,000 | $ 50,000 |
| SALINAS, CA | 66 | $ 17,119,000 | $ 259,000 | $ 67,000 |
| FORT WALTON BEACH-CRESTVIEW-DESTIN, FL | 64 | $ 8,974,000 | $ 140,000 | $ 44,000 |
| JACKSON, MS | 63 | $ 7,949,000 | $ 126,000 | $ 37,000 |
| SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA | 58 | $ 19,896,000 | $ 343,000 | $ 85,000 |
| FORT COLLINS-LOVELAND, CO | 57 | $ 10,998,000 | $ 192,000 | $ 62,000 |
| NAPLES-MARCO ISLAND, FL | 57 | $ 11,740,000 | $ 205,000 | $ 48,000 |
| KENNEWICK-RICHLAND-PASCO, WA | 56 | $ 6,946,000 | $ 124,000 | $ 44,000 |
| SAN ANTONIO, TX | 55 | $ 6,717,000 | $ 122,000 | $ 32,000 |
| GREELEY, CO | 54 | $ 8,627,000 | $ 159,000 | $ 44,000 |
| MEMPHIS, TN-MS-AR | 54 | $ 7,139,000 | $ 132,000 | $ 43,000 |
| CHEYENNE, WY | 52 | $ 6,997,000 | $ 134,000 | $ 38,000 |
| DALLAS-PLANO-IRVING, TX | 52 | $ 7,637,000 | $ 146,000 | $ 34,000 |
| MOUNT VERNON-ANACORTES, WA | 51 | $ 8,860,000 | $ 173,000 | $ 59,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO, TN | 51 | $ 7,165,000 | $ 140,000 | $ 22,000 |
| GULFPORT-BILOXI, MS | 50 | $ 6,321,000 | $ 126,000 | $ 46,000 |
| REDDING, CA | 50 | $ 6,792,000 | $ 135,000 | $ 46,000 |
| LEXINGTON-FAYETTE, KY | 48 | $ 6,136,000 | $ 127,000 | $ 46,000 |
| HAGERSTOWN-MARTINSBURG, MD-WV | 47 | $ 6,387,000 | $ 135,000 | $ 39,000 |
| SAN LUIS OBISPO-PASO ROBLES, CA | 47 | $ 10,621,000 | $ 225,000 | $ 60,000 |
| PRESCOTT, AZ | 44 | $ 5,177,000 | $ 117,000 | $ 34,000 |
| PANAMA CITY-LYNN HAVEN, FL | 43 | $ 5,260,000 | $ 122,000 | $ 22,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 42 | $ 6,060,000 | $ 144,000 | $ 39,000 |
| MEDFORD, OR | 42 | $ 5,354,000 | $ 127,000 | $ 46,000 |
| YUBA CITY, CA | 42 | $ 7,066,000 | $ 168,000 | $ 41,000 |
| BEND, OR | 41 | $ 10,102,000 | $ 246,000 | $ 126,000 |
| HANFORD-CORCORAN, CA | 41 | $ 5,886,000 | $ 143,000 | $ 40,000 |
| SALISBURY, MD | 41 | $ 4,191,000 | $ 102,000 | $ 34,000 |
| FORT WAYNE, IN | 40 | $ 4,894,000 | $ 122,000 | $ 46,000 |
| SANTA BARBARA-SANTA MARIA-GOLETA, CA | 40 | $ 10,985,000 | $ 274,000 | $ 67,000 |
| CHICO, CA | 39 | $ 7,295,000 | $ 187,000 | $ 56,000 |
| MONTGOMERY, AL | 39 | $ 5,432,000 | $ 139,000 | $ 37,000 |
| OMAHA-COUNCIL BLUFFS, NE-IA | 39 | $ 5,609,000 | $ 143,000 | $ 53,000 |
| PUEBLO, CO | 39 | $ 5,065,000 | $ 129,000 | $ 34,000 |
| GRAND JUNCTION, CO | 37 | $ 5,328,000 | $ 144,000 | $ 44,000 |
| HOUSTON-BAYTOWN-SUGAR LAND, TX | 37 | $ 5,151,000 | $ 139,000 | $ 52,000 |
| SANTA ROSA-PETALUMA, CA | 37 | $ 10,146,000 | $ 274,000 | $ 45,000 |
| YUMA, AZ | 37 | $ 4,952,000 | $ 133,000 | $ 48,000 |
| GREENVILLE, SC | 36 | $ 6,235,000 | $ 173,000 | $ 43,000 |
| PUNTA GORDA, FL | 36 | $ 4,598,000 | $ 127,000 | $ 36,000 |
| TULSA, OK | 36 | $ 4,242,000 | $ 117,000 | $ 39,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 35 | $ 8,214,000 | $ 234,000 | $ 73,000 |
| MOBILE, AL | 35 | $ 5,798,000 | $ 165,000 | $ 68,000 |
| OCALA, FL | 34 | $ 3,977,000 | $ 116,000 | $ 27,000 |
| BILLINGS, MT | 33 | $ 4,301,000 | $ 130,000 | $ 89,000 |
| BOULDER, CO | 33 | $ 8,435,000 | $ 255,000 | $ 63,000 |
| CARSON CITY, NV | 32 | $ 4,444,000 | $ 138,000 | $ 68,000 |
| COEUR D'ALENE, ID | 32 | $ 4,232,000 | $ 132,000 | $ 58,000 |
| ROANOKE, VA | 32 | $ 4,326,000 | $ 135,000 | $ 43,000 |
| WENATCHEE, WA | 30 | $ 3,614,000 | $ 120,000 | $ 63,000 |
| EVANSVILLE, IN-KY | 29 | $ 3,242,000 | $ 111,000 | $ 42,000 |
| GREAT FALLS, MT | 29 | $ 3,371,000 | $ 116,000 | $ 56,000 |
| HUNTSVILLE, AL | 28 | $ 3,531,000 | $ 126,000 | $ 65,000 |
| SIOUX FALLS, SD | 28 | $ 3,786,000 | $ 135,000 | $ 58,000 |
| ST. GEORGE, UT | 28 | $ 4,014,000 | $ 143,000 | $ 46,000 |
| FLAGSTAFF, AZ | 27 | $ 6,048,000 | $ 224,000 | $ 73,000 |
| MISSOULA, MT | 27 | $ 3,784,000 | $ 140,000 | $ 32,000 |
| GRAND RAPIDS-WYOMING, MI | 26 | $ 3,374,000 | $ 129,000 | $ 41,000 |
| ROCKFORD, IL | 25 | $ 2,860,000 | $ 114,000 | $ 43,000 |
| EL CENTRO, CA | 24 | $ 3,616,000 | $ 150,000 | $ 66,000 |
| LITTLE ROCK-NORTH LITTLE ROCK, AR | 24 | $ 3,115,000 | $ 129,000 | $ 21,000 |
| NEW HAVEN-MILFORD, CT | 24 | $ 4,548,000 | $ 189,000 | $ 192,000 |
| GAINESVILLE, FL | 23 | $ 2,927,000 | $ 127,000 | $ 38,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 23 | $ 2,854,000 | $ 124,000 | $ 59,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 22 | $ 2,932,000 | $ 133,000 | $ 41,000 |
| IDAHO FALLS, ID | 22 | $ 2,599,000 | $ 118,000 | $ 32,000 |
| SPRINGFIELD, MO | 22 | $ 2,294,000 | $ 104,000 | $ 43,000 |
| BLACKSBURG-CHRISTIANSBURG-RADFORD, VA | 21 | $ 2,142,000 | $ 102,000 | $ 33,000 |
| ELKHART-GOSHEN, IN | 21 | $ 2,104,000 | $ 100,000 | $ 56,000 |
| FLINT, MI | 21 | $ 2,815,000 | $ 134,000 | $ 49,000 |
| LANSING-EAST LANSING, MI | 21 | $ 2,965,000 | $ 141,000 | $ 39,000 |
| LOGAN, UT-ID | 21 | $ 2,755,000 | $ 131,000 | $ 49,000 |
| PASCAGOULA, MS | 21 | $ 2,632,000 | $ 125,000 | $ 39,000 |
| PEORIA, IL | 21 | $ 2,628,000 | $ 125,000 | $ 40,000 |
| BANGOR, ME | 20 | $ 2,243,000 | $ 112,000 | $ 38,000 |
| LONGVIEW, WA | 20 | $ 2,828,000 | $ 141,000 | $ 50,000 |
| WINCHESTER, VA-WV | 19 | $ 2,955,000 | $ 155,000 | $ 52,000 |
| CHARLOTTESVILLE, VA | 18 | $ 3,557,000 | $ 197,000 | $ 64,000 |
| LYNCHBURG, VA | 18 | $ 1,844,000 | $ 102,000 | $ 48,000 |
| POCATELLO, ID | 18 | $ 2,647,000 | $ 147,000 | $ 58,000 |
| TUSCALOOSA, AL | 18 | $ 2,877,000 | $ 159,000 | $ 70,000 |
| CORVALLIS, OR | 17 | $ 2,705,000 | $ 159,000 | $ 33,000 |
| FORT WORTH-ARLINGTON, TX | 17 | $ 1,603,000 | $ 94,000 | $ 58,000 |
| JOPLIN, MO | 17 | $ 1,984,000 | $ 116,000 | $ 84,000 |
| LEWISTON-AUBURN, ME | 16 | $ 1,685,000 | $ 105,000 | $ 37,000 |
| MADERA, CA | 16 | $ 2,644,000 | $ 165,000 | $ 37,000 |
| SANTA CRUZ-WATSONVILLE, CA | 16 | $ 4,990,000 | $ 311,000 | $ 61,000 |
| TERRE HAUTE, IN | 16 | $ 2,407,000 | $ 150,000 | $ 57,000 |
| VERO BEACH, FL | 16 | $ 1,900,000 | $ 118,000 | $ 52,000 |
| CUMBERLAND, MD-WV | 15 | $ 1,737,000 | $ 115,000 | $ 57,000 |
| ANDERSON, IN | 14 | $ 1,823,000 | $ 130,000 | $ 33,000 |
| COLUMBIA, MO | 14 | $ 2,098,000 | $ 149,000 | $ 72,000 |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 14 | $ 2,592,000 | $ 185,000 | $ 45,000 |
| ANN ARBOR, MI | 13 | $ 2,165,000 | $ 166,000 | $ 59,000 |
| EL PASO, TX | 13 | $ 1,566,000 | $ 120,000 | $ 54,000 |
| KOKOMO, IN | 13 | $ 1,529,000 | $ 117,000 | $ 60,000 |
| MANCHESTER-NASHUA, NH | 13 | $ 2,258,000 | $ 173,000 | $ 46,000 |
| RAPID CITY, SD | 13 | $ 1,608,000 | $ 123,000 | $ 60,000 |
| CHAMPAIGN-URBANA, IL | 12 | $ 1,491,000 | $ 124,000 | $ 57,000 |
| DECATUR, AL | 12 | $ 1,366,000 | $ 113,000 | $ 64,000 |
| KNOXVILLE, TN | 12 | $ 1,221,000 | $ 101,000 | $ 61,000 |
| SPRINGFIELD, IL | 12 | $ 1,870,000 | $ 155,000 | $ 13,000 |
| DULUTH, MN-WI | 11 | $ 1,429,000 | $ 129,000 | $ 47,000 |
| HATTIESBURG, MS | 11 | $ 1,155,000 | $ 105,000 | $ 40,000 |
| KALAMAZOO-PORTAGE, MI | 11 | $ 1,603,000 | $ 145,000 | $ 35,000 |
| NAPA, CA | 11 | $ 2,321,000 | $ 211,000 | $ 75,000 |
| SPARTANBURG, SC | 11 | $ 1,473,000 | $ 133,000 | $ 37,000 |
| CASPER, WY | 10 | $ 912,000 | $ 91,000 | $ 74,000 |
| LAFAYETTE, IN | 10 | $ 1,600,000 | $ 160,000 | $ 92,000 |
| ST. JOSEPH, MO-KS | 10 | $ 1,242,000 | $ 124,000 | $ 69,000 |
| BLOOMINGTON, IN | 9 | $ 1,299,000 | $ 144,000 | $ 38,000 |
| DANVILLE, VA | 9 | $ 1,112,000 | $ 123,000 | $ 44,000 |
| MICHIGAN CITY-LA PORTE, IN | 9 | $ 1,020,000 | $ 113,000 | $ 52,000 |
| NILES-BENTON HARBOR, MI | 9 | $ 1,141,000 | $ 126,000 | $ 56,000 |
| ANDERSON, SC | 8 | $ 1,406,000 | $ 175,000 | $ 27,000 |
| AUBURN-OPELIKA, AL | 8 | $ 1,461,000 | $ 182,000 | $ 61,000 |
| BOWLING GREEN, KY | 8 | $ 1,204,000 | $ 150,000 | $ 51,000 |
| JACKSON, MI | 8 | $ 973,000 | $ 121,000 | $ 39,000 |
| GADSDEN, AL | 7 | $ 906,000 | $ 129,000 | $ 276,000 |
| LEWISTON, ID-WA | 7 | $ 723,000 | $ 103,000 | $ 53,000 |
| LINCOLN, NE | 7 | $ 1,035,000 | $ 147,000 | $ 44,000 |
| NORWICH-NEW LONDON, CT | 7 | $ 997,000 | $ 142,000 | $ 37,000 |
| CHATTANOOGA, TN-GA | 6 | $ 800,000 | $ 133,000 | $ 47,000 |
| COLUMBUS, GA-AL | 6 | $ 1,109,000 | $ 184,000 | $ 31,000 |
| COLUMBUS, IN | 6 | $ 625,000 | $ 104,000 | $ 26,000 |
| ELIZABETHTOWN, KY | 6 | $ 521,000 | $ 86,000 | $ 40,000 |
| FLORENCE, SC | 6 | $ 841,000 | $ 140,000 | $ 48,000 |
| HARRISONBURG, VA | 6 | $ 819,000 | $ 136,000 | $ 63,000 |
| KANKAKEE-BRADLEY, IL | 6 | $ 706,000 | $ 117,000 | $ 47,000 |
| MONROE, MI | 6 | $ 950,000 | $ 158,000 | $ 66,000 |
| ROCHESTER, MN | 6 | $ 863,000 | $ 143,000 | $ 36,000 |
| ST. CLOUD, MN | 6 | $ 836,000 | $ 139,000 | $ 57,000 |
| HOLLAND-GRAND HAVEN, MI | 5 | $ 605,000 | $ 121,000 | $ 61,000 |
| JEFFERSON CITY, MO | 5 | $ 722,000 | $ 144,000 | $ 42,000 |
| NEW ORLEANS-METAIRIE-KENNER, LA | 5 | $ 900,000 | $ 180,000 | $ 67,000 |
| SAGINAW-SAGINAW TOWNSHIP NORTH, MI | 5 | $ 761,000 | $ 152,000 | $ 42,000 |
| BATTLE CREEK, MI | 4 | $ 595,000 | $ 148,000 | $ 42,000 |
| BAY CITY, MI | 4 | $ 521,000 | $ 130,000 | $ 100,000 |
| BLOOMINGTON-NORMAL, IL | 4 | $ 330,000 | $ 82,000 | $ 30,000 |
| BOSTON-QUINCY, MA | 4 | $ 845,000 | $ 211,000 | $ 74,000 |
| CHARLESTON, WV | 4 | $ 406,000 | $ 101,000 | $ 12,000 |
| MACON, GA | 4 | $ 583,000 | $ 145,000 | $ 53,000 |
| MILWAUKEE-WAUKESHA-WEST ALLIS, WI | 4 | $ 515,000 | $ 128,000 | $ 84,000 |
| MORGANTOWN, WV | 4 | $ 670,000 | $ 167,000 | $ 101,000 |
| MUNCIE, IN | 4 | $ 377,000 | $ 94,000 | $ 52,000 |
| MUSKEGON-NORTON SHORES, MI | 4 | $ 491,000 | $ 122,000 | $ 70,000 |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC | 4 | $ 667,000 | $ 166,000 | $ 74,000 |
| PITTSBURGH, PA | 4 | $ 481,000 | $ 120,000 | $ 115,000 |
| SANTA FE, NM | 4 | $ 746,000 | $ 186,000 | $ 11,000 |
| SUMTER, SC | 4 | $ 441,000 | $ 110,000 | $ 29,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 4 | $ 332,000 | $ 83,000 | $ 34,000 |
| WEIRTON-STEUBENVILLE, WV-OH | 4 | $ 547,000 | $ 136,000 | $ 44,000 |
| AUSTIN-ROUND ROCK, TX | 3 | $ 275,000 | $ 91,000 | $ 92,000 |
| CAMDEN, NJ | 3 | $ 206,000 | $ 68,000 | $ 48,000 |
| DECATUR, IL | 3 | $ 288,000 | $ 96,000 | $ 46,000 |
| ESSEX COUNTY, MA | 3 | $ 660,000 | $ 220,000 | $ 108,000 |
| FARGO, ND-MN | 3 | $ 280,000 | $ 93,000 | $ 62,000 |
| LAS CRUCES, NM | 3 | $ 434,000 | $ 144,000 | $ 19,000 |
| RALEIGH-CARY, NC | 3 | $ 256,000 | $ 85,000 | $ 50,000 |
| SAVANNAH, GA | 3 | $ 363,000 | $ 121,000 | $ 39,000 |
| WARNER ROBINS, GA | 3 | $ 318,000 | $ 106,000 | $ 40,000 |
| ALBANY, GA | 2 | $ 154,000 | $ 77,000 | $ 32,000 |
| ANNISTON-OXFORD, AL | 2 | $ 272,000 | $ 136,000 | $ 105,000 |
| BISMARCK, ND | 2 | $ 374,000 | $ 187,000 | $ 74,000 |
| CHARLOTTE-GASTONIA-CONCORD, NC-SC | 2 | $ 272,000 | $ 136,000 | $ 100,000 |
| FLORENCE-MUSCLE SHOALS, AL | 2 | $ 241,000 | $ 120,000 | $ 29,000 |
| GRAND FORKS, ND-MN | 2 | $ 275,000 | $ 137,000 | $ 77,000 |
| HINESVILLE-FORT STEWART, GA | 2 | $ 154,000 | $ 77,000 | $ 35,000 |
| KILLEEN-TEMPLE-FORT HOOD, TX | 2 | $ 334,000 | $ 167,000 | $ 0 |
| LAWTON, OK | 2 | $ 232,000 | $ 116,000 | $ 32,000 |
| OWENSBORO, KY | 2 | $ 252,000 | $ 126,000 | $ 85,000 |
| SYRACUSE, NY | 2 | $ 98,000 | $ 49,000 | $ 42,000 |
| ABILENE, TX | 1 | $ 131,000 | $ 131,000 | $ 83,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 1 | $ 50,000 | $ 50,000 | $ 0 |
| AMES, IA | 1 | $ 100,000 | $ 100,000 | $ 90,000 |
| BURLINGTON, NC | 1 | $ 99,000 | $ 99,000 | $ 83,000 |
| CANTON-MASSILLON, OH | 1 | $ 102,000 | $ 102,000 | $ 68,000 |
| CLARKSVILLE, TN-KY | 1 | $ 147,000 | $ 147,000 | $ 0 |
| CLEVELAND-ELYRIA-MENTOR, OH | 1 | $ 148,000 | $ 148,000 | $ 0 |
| DES MOINES, IA | 1 | $ 131,000 | $ 131,000 | $ 40,000 |
| DOTHAN, AL | 1 | $ 142,000 | $ 142,000 | $ 90,000 |
| DURHAM, NC | 1 | $ 148,000 | $ 148,000 | $ 36,000 |
| EDISON, NJ | 1 | $ 101,000 | $ 101,000 | $ 150,000 |
| GREENSBORO-HIGH POINT, NC | 1 | $ 63,000 | $ 63,000 | $ 48,000 |
| HICKORY-LENOIR-MORGANTON, NC | 1 | $ 47,000 | $ 47,000 | $ 8,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 1 | $ 200,000 | $ 200,000 | $ 72,000 |
| JOHNSON CITY, TN | 1 | $ 149,000 | $ 149,000 | $ 72,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 1 | $ 188,000 | $ 188,000 | $ 0 |
| MIDLAND, TX | 1 | $ 68,000 | $ 68,000 | $ 0 |
| MORRISTOWN, TN | 1 | $ 170,000 | $ 170,000 | $ 63,000 |
| NASSAU-SUFFOLK, NY | 1 | $ 520,000 | $ 520,000 | $ 185,000 |
| NEW YORK-WAYNE-WHITE PLAINS, NY-NJ | 1 | $ 158,000 | $ 158,000 | $ 62,000 |
| NEWARK-UNION, NJ-PA | 1 | $ 222,000 | $ 222,000 | $ 75,000 |
| PHILADELPHIA, PA | 1 | $ 35,000 | $ 35,000 | $ 108,000 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA | 1 | $ 215,000 | $ 215,000 | $ 35,000 |
| SHERMAN-DENISON, TX | 1 | $ 21,000 | $ 21,000 | $ 0 |
| SPRINGFIELD, MA | 1 | $ 25,000 | $ 25,000 | $ 30,000 |
| VALDOSTA, GA | 1 | $ 72,000 | $ 72,000 | $ 43,000 |
| WILLIAMSPORT, PA | 1 | $ 40,000 | $ 40,000 | $ 32,000 |
| WORCESTER, MA | 1 | $ 186,000 | $ 186,000 | $ 60,000 |
Mortgage Loan Application Detail Totals for Merit Financial, Inc in 2004
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 | 24,812 | $4,022,486,000 | $138,442 | $5,966,000 | $51,942 | $3,951,000 |
| Home Purchase | 6,474 | $1,089,801,000 | $159,936 | $1,850,000 | $43,872 | $1,800,000 |
| Home Improvement | 11 | $1,942,000 | $180,500 | $250,000 | $46,875 | $108,000 |
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 |
|---|---|---|---|---|---|---|
| Not Provided | 20,169 | $3,275,984,000 | $145,882 | $5,966,000 | $45,235 | $3,951,000 |
| White | 9,421 | $1,539,735,000 | $141,914 | $2,000,000 | $64,276 | $1,272,000 |
| Hispanic | 1,088 | $179,030,000 | $157,764 | $640,000 | $53,382 | $772,000 |
| Asian | 356 | $73,641,000 | $157,960 | $969,000 | $70,720 | $2,400,000 |
| Native Hawaiian or Other Pacific Islander | 164 | $31,316,000 | $172,047 | $510,000 | $60,333 | $207,000 |
| American Indian or Alaskan Native | 87 | $12,386,000 | $136,500 | $501,000 | $65,454 | $900,000 |
| Not applicable | 11 | $1,996,000 | $168,857 | $460,000 | $58,428 | $128,000 |
| Black or African American | 1 | $141,000 | $141,000 | $141,000 | $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) | 26,212 | $4,347,589,000 | $144,923 | $5,966,000 | $59,173 | $3,951,000 |
| VA-guaranteed (Veterans Administration) | 4,539 | $689,702,000 | $142,923 | $450,000 | $25,538 | $1,800,000 |
| FHA-insured (Federal Housing Administration) | 534 | $75,231,000 | $132,233 | $475,000 | $31,400 | $1,200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,707,000 | $151,200 | $270,000 | $63,200 | $100,000 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 11,307 | $1,741,082,000 | $134,285 | $5,966,000 | $52,306 | $3,060,000 |
| Application Denied By Financial Institution | 10,827 | $1,881,698,000 | $155,941 | $2,000,000 | $53,078 | $2,400,000 |
| Loan Originated | 4,663 | $770,006,000 | $143,636 | $1,850,000 | $62,431 | $3,951,000 |
| File Closed For Incompleteness | 3,019 | $467,358,000 | $141,930 | $1,250,000 | $23,767 | $1,000,000 |
| Preapproval Denied by Financial Institution | 1,202 | $208,562,000 | $173,000 | $1,136,000 | $71,000 | $1,200,000 |
| Application Approved But Not Accepted | 265 | $43,491,000 | $153,600 | $572,000 | $54,066 | $354,000 |
| Preapproval Approved but not Accepted | 14 | $2,032,000 | $145,000 | $327,000 | $50,000 | $150,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Insufficient Cash (Downpayment, Closing Cost) | 6,566 | $1,161,561,000 | $161,311 | $1,136,000 | $54,955 | $1,272,000 |
| Credit History | 1,596 | $259,527,000 | $144,200 | $1,350,000 | $44,650 | $772,000 |
| Debt-To-Income Ratio | 1,024 | $189,416,000 | $179,428 | $1,135,000 | $34,228 | $1,200,000 |
| Employment History | 892 | $180,685,000 | $169,023 | $1,000,000 | $109,642 | $2,400,000 |
| Other | 340 | $51,835,000 | $136,000 | $580,000 | $47,677 | $300,000 |
| Collateral | 47 | $7,415,000 | $152,947 | $589,000 | $70,052 | $217,000 |
| Unverifiable Information | 46 | $7,115,000 | $150,882 | $780,000 | $56,235 | $198,000 |
| Credit Application Incomplete | 38 | $5,550,000 | $146,200 | $300,000 | $54,133 | $250,000 |
| Mortgage Insurance Denied | 3 | $456,000 | $138,000 | $255,000 | $54,500 | $96,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merit Financial, Inc's 2004 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 Merit Financial, Inc'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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with aggregated HMDA statistics today.