First Merchants Bank
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage loan statistics, lending data, and loan application totals for Indiana.
The mortgage statistics and data below are specific to mortgage loan applications for First Merchants Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address First Merchants Bank
200 E. Jackson St.
Muncie, IN 47305
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2018  2017  2016  
Total Number of Mortgage Applications 5,457
Total Mortgage Loan Application Amount $819,164,000
Average Mortgage Loan Application Amount $127,000
Highest Mortgage Loan Application Amount $17,413,000
Average Applicant Income $79,333
Highest Applicant Income $6,975,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for First Merchants Bank by County in 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Delaware County Indiana 393 $ 41,771,000 $ 106,000 $ 74,000
Tippecanoe County Indiana 363 $ 52,592,000 $ 144,000 $ 74,000
Hamilton County Indiana 304 $ 62,766,000 $ 206,000 $ 111,000
Lake County Indiana 265 $ 36,665,000 $ 138,000 $ 73,000
Madison County Indiana 247 $ 24,505,000 $ 99,000 $ 61,000
Marion County Indiana 244 $ 46,725,000 $ 191,000 $ 104,000
Franklin County Ohio 160 $ 51,439,000 $ 321,000 $ 147,000
Cook County Illinois 158 $ 48,179,000 $ 304,000 $ 81,000
Henry County Indiana 153 $ 12,410,000 $ 81,000 $ 64,000
Johnson County Indiana 116 $ 15,487,000 $ 133,000 $ 97,000
White County Indiana 115 $ 12,850,000 $ 111,000 $ 84,000
Hendricks County Indiana 102 $ 13,945,000 $ 136,000 $ 77,000
Adams County Indiana 99 $ 13,418,000 $ 135,000 $ 64,000
Randolph County Indiana 91 $ 6,964,000 $ 76,000 $ 87,000
Jay County Indiana 78 $ 4,683,000 $ 60,000 $ 55,000
Wayne County Indiana 59 $ 11,043,000 $ 187,000 $ 112,000
Carroll County Indiana 55 $ 6,202,000 $ 112,000 $ 79,000
Hancock County Indiana 55 $ 8,740,000 $ 158,000 $ 87,000
Clinton County Indiana 50 $ 3,568,000 $ 71,000 $ 54,000
Shelby County Indiana 49 $ 4,690,000 $ 95,000 $ 67,000
Porter County Indiana 47 $ 7,751,000 $ 164,000 $ 102,000
Jasper County Indiana 44 $ 4,717,000 $ 107,000 $ 52,000
Wabash County Indiana 42 $ 3,918,000 $ 93,000 $ 76,000
Morgan County Indiana 40 $ 5,675,000 $ 141,000 $ 91,000
Montgomery County Indiana 39 $ 3,701,000 $ 94,000 $ 64,000
Fayette County Indiana 34 $ 1,676,000 $ 49,000 $ 58,000
Delaware County Ohio 32 $ 7,791,000 $ 243,000 $ 141,000
Boone County Indiana 30 $ 10,373,000 $ 345,000 $ 249,000
Brown County Indiana 25 $ 3,336,000 $ 133,000 $ 102,000
Union County Indiana 24 $ 2,150,000 $ 89,000 $ 80,000
Fairfield County Ohio 24 $ 4,193,000 $ 174,000 $ 278,000
DuPage County Illinois 18 $ 7,680,000 $ 426,000 $ 204,000
Miami County Indiana 18 $ 1,305,000 $ 72,000 $ 77,000
Wells County Indiana 14 $ 1,947,000 $ 139,000 $ 164,000
Union County Ohio 14 $ 3,047,000 $ 217,000 $ 110,000
Will County Illinois 13 $ 4,055,000 $ 311,000 $ 93,000
Allen County Indiana 13 $ 1,833,000 $ 141,000 $ 92,000
Howard County Indiana 12 $ 5,232,000 $ 436,000 $ 50,000
Rush County Indiana 12 $ 1,058,000 $ 88,000 $ 84,000
Butler County Ohio 12 $ 3,242,000 $ 270,000 $ 73,000
Blackford County Indiana 11 $ 1,289,000 $ 117,000 $ 48,000
Licking County Ohio 9 $ 1,930,000 $ 214,000 $ 93,000
Fountain County Indiana 8 $ 878,000 $ 109,000 $ 55,000
Bartholomew County Indiana 7 $ 912,000 $ 130,000 $ 53,000
Newton County Indiana 7 $ 480,000 $ 68,000 $ 52,000
Sarasota County Florida 6 $ 3,521,000 $ 586,000 $ 622,000
Grant County Indiana 6 $ 1,190,000 $ 198,000 $ 64,000
LaPorte County Indiana 6 $ 1,818,000 $ 303,000 $ 113,000
Collier County Florida 5 $ 2,317,000 $ 463,000 $ 269,000
Lee County Florida 5 $ 1,055,000 $ 211,000 $ 229,000
Cass County Indiana 5 $ 364,000 $ 72,000 $ 67,000
Monroe County Indiana 5 $ 973,000 $ 194,000 $ 73,000
Tipton County Indiana 5 $ 260,000 $ 52,000 $ 38,000
Clark County Ohio 5 $ 1,649,000 $ 329,000 $ 68,000
Madison County Ohio 5 $ 985,000 $ 197,000 $ 67,000
Preble County Ohio 5 $ 365,000 $ 73,000 $ 54,000
Benton County Indiana 4 $ 482,000 $ 120,000 $ 114,000
Pulaski County Indiana 4 $ 414,000 $ 103,000 $ 61,000
Whitley County Indiana 4 $ 828,000 $ 207,000 $ 162,000
Ottawa County Michigan 4 $ 802,000 $ 200,000 $ 226,000
Stark County Ohio 4 $ 593,000 $ 148,000 $ 61,000
Decatur County Indiana 3 $ 249,000 $ 83,000 $ 41,000
Kosciusko County Indiana 3 $ 625,000 $ 208,000 $ 200,000
Parke County Indiana 3 $ 376,000 $ 125,000 $ 45,000
Putnam County Indiana 3 $ 772,000 $ 257,000 $ 109,000
Steuben County Indiana 3 $ 1,181,000 $ 393,000 $ 2,464,000
Vigo County Indiana 3 $ 341,000 $ 113,000 $ 17,000
Warren County Indiana 3 $ 218,000 $ 72,000 $ 32,000
Van Buren County Michigan 3 $ 365,000 $ 121,000 $ 183,000
Hamilton County Ohio 3 $ 152,000 $ 50,000 $ 97,000
Mercer County Ohio 3 $ 296,000 $ 98,000 $ 40,000
Montgomery County Ohio 3 $ 195,000 $ 65,000 $ 68,000
Maricopa County Arizona 2 $ 341,000 $ 170,000 $ 74,000
Hillsborough County Florida 2 $ 161,000 $ 80,000 $ 81,000
Manatee County Florida 2 $ 249,000 $ 124,000 $ 441,000
Orange County Florida 2 $ 256,000 $ 128,000 $ 104,000
Polk County Florida 2 $ 250,000 $ 125,000 $ 49,000
Kane County Illinois 2 $ 2,034,000 $ 1,017,000 $ 53,000
Huntington County Indiana 2 $ 251,000 $ 125,000 $ 82,000
Marshall County Indiana 2 $ 3,623,000 $ 1,811,000 $ 4,640,000
Harrison County Kentucky 2 $ 286,000 $ 143,000 $ 34,000
Gogebic County Michigan 2 $ 493,000 $ 246,000 $ 203,000
Wayne County Michigan 2 $ 245,000 $ 122,000 $ 70,000
St. Louis City County Missouri 2 $ 319,000 $ 159,000 $ 61,000
Cuyahoga County Ohio 2 $ 273,000 $ 136,000 $ 57,000
Hocking County Ohio 2 $ 368,000 $ 184,000 $ 26,000
Knox County Ohio 2 $ 331,000 $ 165,000 $ 481,000
Logan County Ohio 2 $ 381,000 $ 190,000 $ 75,000
Allegheny County Pennsylvania 2 $ 241,000 $ 120,000 $ 79,000
Tyler County West Virginia 2 $ 188,000 $ 94,000 $ 153,000
Pima County Arizona 1 $ 153,000 $ 153,000 $ 54,000
Adams County Colorado 1 $ 228,000 $ 228,000 $ 70,000
Denver County Colorado 1 $ 133,000 $ 133,000 $ 62,000
El Paso County Colorado 1 $ 160,000 $ 160,000 $ 96,000
Summit County Colorado 1 $ 415,000 $ 415,000 $ 313,000
Charlotte County Florida 1 $ 70,000 $ 70,000 $ 83,000
Citrus County Florida 1 $ 205,000 $ 205,000 $ 83,000
Marion County Florida 1 $ 84,000 $ 84,000 $ 247,000
Miami-Dade County Florida 1 $ 500,000 $ 500,000 $ 332,000
Okaloosa County Florida 1 $ 236,000 $ 236,000 $ 168,000
Palm Beach County Florida 1 $ 167,000 $ 167,000 $ 490,000
Pasco County Florida 1 $ 138,000 $ 138,000 $ 54,000
Pinellas County Florida 1 $ 220,000 $ 220,000 $ 1,211,000
Sumter County Florida 1 $ 301,000 $ 301,000 $ 348,000
Cobb County Georgia 1 $ 110,000 $ 110,000 $ 45,000
Gwinnett County Georgia 1 $ 99,000 $ 99,000 $ 103,000
Maui County Hawaii 1 $ 350,000 $ 350,000 $ 211,000
Canyon County Idaho 1 $ 50,000 $ 50,000 $ 886,000
Grundy County Illinois 1 $ 709,000 $ 709,000 $ 0
McLean County Illinois 1 $ 7,075,000 $ 7,075,000 $ 0
DeKalb County Indiana 1 $ 124,000 $ 124,000 $ 27,000
Elkhart County Indiana 1 $ 32,000 $ 32,000 $ 26,000
Franklin County Indiana 1 $ 8,000 $ 8,000 $ 43,000
Jefferson County Indiana 1 $ 270,000 $ 270,000 $ 136,000
LaGrange County Indiana 1 $ 31,000 $ 31,000 $ 120,000
Lawrence County Indiana 1 $ 91,000 $ 91,000 $ 51,000
Noble County Indiana 1 $ 193,000 $ 193,000 $ 124,000
Owen County Indiana 1 $ 70,000 $ 70,000 $ 32,000
Ripley County Indiana 1 $ 95,000 $ 95,000 $ 40,000
Spencer County Indiana 1 $ 55,000 $ 55,000 $ 16,000
St. Joseph County Indiana 1 $ 192,000 $ 192,000 $ 146,000
Vermillion County Indiana 1 $ 78,000 $ 78,000 $ 53,000
Dubuque County Iowa 1 $ 125,000 $ 125,000 $ 42,000
Bullitt County Kentucky 1 $ 144,000 $ 144,000 $ 59,000
Henderson County Kentucky 1 $ 115,000 $ 115,000 $ 94,000
Rapides County Louisiana 1 $ 106,000 $ 106,000 $ 227,000
Barry County Michigan 1 $ 158,000 $ 158,000 $ 152,000
Cass County Michigan 1 $ 193,000 $ 193,000 $ 132,000
Cheboygan County Michigan 1 $ 52,000 $ 52,000 $ 54,000
Emmet County Michigan 1 $ 114,000 $ 114,000 $ 357,000
Grand Traverse County Michigan 1 $ 364,000 $ 364,000 $ 544,000
Jackson County Michigan 1 $ 63,000 $ 63,000 $ 33,000
Kent County Michigan 1 $ 215,000 $ 215,000 $ 120,000
Leelanau County Michigan 1 $ 490,000 $ 490,000 $ 743,000
Macomb County Michigan 1 $ 165,000 $ 165,000 $ 77,000
Oakland County Michigan 1 $ 145,000 $ 145,000 $ 59,000
St. Joseph County Michigan 1 $ 417,000 $ 417,000 $ 531,000
Cass County Minnesota 1 $ 83,000 $ 83,000 $ 125,000
Stearns County Minnesota 1 $ 220,000 $ 220,000 $ 160,000
Jackson County Missouri 1 $ 102,000 $ 102,000 $ 198,000
Platte County Missouri 1 $ 126,000 $ 126,000 $ 420,000
Mineral County Montana 1 $ 40,000 $ 40,000 $ 22,000
Santa Fe County New Mexico 1 $ 25,000 $ 25,000 $ 44,000
Mecklenburg County North Carolina 1 $ 17,413,000 $ 17,413,000 $ 0
Athens County Ohio 1 $ 195,000 $ 195,000 $ 51,000
Clermont County Ohio 1 $ 65,000 $ 65,000 $ 166,000
Darke County Ohio 1 $ 5,000 $ 5,000 $ 37,000
Erie County Ohio 1 $ 124,000 $ 124,000 $ 104,000
Geauga County Ohio 1 $ 516,000 $ 516,000 $ 173,000
Hardin County Ohio 1 $ 79,000 $ 79,000 $ 65,000
Lucas County Ohio 1 $ 71,000 $ 71,000 $ 47,000
Medina County Ohio 1 $ 447,000 $ 447,000 $ 954,000
Morrow County Ohio 1 $ 368,000 $ 368,000 $ 344,000
Portage County Ohio 1 $ 170,000 $ 170,000 $ 293,000
Shelby County Ohio 1 $ 136,000 $ 136,000 $ 121,000
Van Wert County Ohio 1 $ 5,000 $ 5,000 $ 13,000
Warren County Ohio 1 $ 320,000 $ 320,000 $ 210,000
Clackamas County Oregon 1 $ 407,000 $ 407,000 $ 373,000
Douglas County Oregon 1 $ 164,000 $ 164,000 $ 44,000
Washington County Oregon 1 $ 215,000 $ 215,000 $ 66,000
Charleston County South Carolina 1 $ 110,000 $ 110,000 $ 143,000
Claiborne County Tennessee 1 $ 200,000 $ 200,000 $ 491,000
Pickett County Tennessee 1 $ 97,000 $ 97,000 $ 61,000
Williamson County Tennessee 1 $ 800,000 $ 800,000 $ 96,000
Dallas County Texas 1 $ 70,000 $ 70,000 $ 180,000
Hood County Texas 1 $ 239,000 $ 239,000 $ 80,000
Matagorda County Texas 1 $ 236,000 $ 236,000 $ 287,000
McLennan County Texas 1 $ 75,000 $ 75,000 $ 24,000
Parker County Texas 1 $ 409,000 $ 409,000 $ 250,000
Taylor County Texas 1 $ 5,000 $ 5,000 $ 105,000
Roanoke County Virginia 1 $ 10,000 $ 10,000 $ 8,000
Dane County Wisconsin 1 $ 271,000 $ 271,000 $ 93,000
Door County Wisconsin 1 $ 340,000 $ 340,000 $ 179,000
Iron County Wisconsin 1 $ 417,000 $ 417,000 $ 464,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Indiana, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for First Merchants Bank in 2016

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 3,056 $444,315,000 $145,000 $17,413,000 $76,000 $6,975,000
Refinancing 1,840 $348,073,000 $189,000 $13,600,000 $106,000 $4,722,000
Home Improvement 561 $26,776,000 $47,000 $2,207,000 $56,000 $600,000

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 3,933 $504,503,000 $128,000 $2,554,000 $94,000 $6,975,000
Not Provided 825 $107,966,000 $130,000 $800,000 $79,000 $1,800,000
Not applicable 298 $162,852,000 $546,000 $17,413,000 $0 $83,000
Hispanic 176 $16,665,000 $94,000 $405,000 $59,000 $318,000
Black or African American 152 $12,805,000 $84,000 $400,000 $54,000 $600,000
Asian 57 $12,095,000 $212,000 $1,270,000 $140,000 $1,211,000
American Indian or Alaskan Native 12 $1,069,000 $89,000 $250,000 $46,000 $92,000
Native Hawaiin or Other Pacific Islander 4 $1,209,000 $302,000 $800,000 $88,000 $102,000

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) 4,173 $672,355,000 $161,000 $17,413,000 $95,000 $6,975,000
FHA-insured (Federal Housing Administration) 736 $86,620,000 $117,000 $344,000 $52,000 $1,800,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 416 $39,151,000 $94,000 $325,000 $42,000 $527,000
VA-guaranteed (Veterans Administration) 132 $21,038,000 $159,000 $667,000 $64,000 $226,000

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 2,741 $470,541,000 $171,000 $17,413,000 $100,000 $6,975,000
Preapproval Denied by Financial Institution 1,489 $172,091,000 $115,000 $784,000 $57,000 $1,800,000
Application Denied By Financial Institution 770 $90,763,000 $117,000 $2,220,000 $66,000 $1,350,000
Application Withdrawn By Applicant 296 $55,170,000 $186,000 $1,520,000 $122,000 $4,722,000
Application Approved But Not Accepted 87 $16,339,000 $187,000 $2,405,000 $101,000 $1,418,000
File Closed For Incompleteness 42 $8,757,000 $208,000 $2,100,000 $90,000 $540,000
Preapproval Approved but not Accepted 32 $5,503,000 $171,000 $718,000 $108,000 $1,098,000
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
Credit Application Incomplete 872 $119,708,000 $137,000 $1,240,000 $68,000 $1,350,000
Credit History 821 $74,478,000 $90,000 $2,032,000 $54,000 $1,800,000
Debt-To-Income Ratio 301 $34,281,000 $113,000 $1,900,000 $42,000 $235,000
Collateral 161 $22,307,000 $138,000 $2,220,000 $82,000 $544,000
Employment History 44 $4,830,000 $109,000 $620,000 $47,000 $165,000
Unverifiable Information 27 $3,007,000 $111,000 $238,000 $53,000 $166,000
Insufficient Cash (Downpayment, Closing Cost) 17 $2,246,000 $132,000 $600,000 $93,000 $745,000
Other 16 $1,997,000 $124,000 $353,000 $47,000 $141,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IN, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Indiana, and search similar information at your convenience.

Download the Indiana Lender List