First Merchants Bank
Mortgage Loan Application
Totals and Details
for 2018

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 7,502
Total Mortgage Loan Application Amount $948,550,000
Average Mortgage Loan Application Amount $134,000
Highest Mortgage Loan Application Amount $13,785,000
Average Applicant Income $92,000
Highest Applicant Income $8,733,000

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 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Allen County Indiana 656 $ 85,050,000 $ 129,000 $ 86,000
Tippecanoe County Indiana 636 $ 66,710,000 $ 104,000 $ 84,000
Delaware County Indiana 598 $ 46,120,000 $ 77,000 $ 70,000
Franklin County Ohio 525 $ 109,365,000 $ 208,000 $ 145,000
Madison County Indiana 484 $ 42,280,000 $ 87,000 $ 80,000
Hamilton County Indiana 437 $ 66,615,000 $ 152,000 $ 146,000
Lake County Indiana 388 $ 39,120,000 $ 100,000 $ 94,000
Marion County Indiana 310 $ 44,480,000 $ 143,000 $ 120,000
Henry County Indiana 294 $ 19,600,000 $ 66,000 $ 66,000
White County Indiana 204 $ 15,960,000 $ 78,000 $ 76,000
Cook County Illinois 200 $ 46,660,000 $ 233,000 $ 126,000
Johnson County Indiana 187 $ 22,365,000 $ 119,000 $ 119,000
Hendricks County Indiana 183 $ 21,535,000 $ 117,000 $ 96,000
Randolph County Indiana 145 $ 8,375,000 $ 57,000 $ 64,000
Wells County Indiana 142 $ 10,240,000 $ 72,000 $ 69,000
Adams County Indiana 130 $ 12,980,000 $ 99,000 $ 71,000
Clinton County Indiana 110 $ 7,290,000 $ 66,000 $ 60,000
Jasper County Indiana 99 $ 9,145,000 $ 92,000 $ 67,000
Morgan County Indiana 97 $ 9,945,000 $ 102,000 $ 86,000
Carroll County Indiana 94 $ 8,320,000 $ 88,000 $ 80,000
Jay County Indiana 94 $ 5,270,000 $ 56,000 $ 60,000
Hancock County Indiana 91 $ 8,005,000 $ 87,000 $ 82,000
Shelby County Indiana 90 $ 8,310,000 $ 92,000 $ 81,000
Porter County Indiana 88 $ 13,900,000 $ 157,000 $ 130,000
Huntington County Indiana 71 $ 3,945,000 $ 55,000 $ 63,000
Brown County Indiana 65 $ 9,265,000 $ 142,000 $ 106,000
Montgomery County Indiana 65 $ 5,125,000 $ 78,000 $ 87,000
Wabash County Indiana 61 $ 3,995,000 $ 65,000 $ 55,000
Wayne County Indiana 59 $ 4,825,000 $ 81,000 $ 64,000
Delaware County Ohio 51 $ 15,665,000 $ 307,000 $ 198,000
Boone County Indiana 45 $ 9,085,000 $ 201,000 $ 199,000
Union County Indiana 44 $ 2,630,000 $ 59,000 $ 58,000
Fayette County Indiana 39 $ 2,325,000 $ 59,000 $ 63,000
Miami County Indiana 38 $ 2,720,000 $ 71,000 $ 57,000
DuPage County Illinois 37 $ 11,175,000 $ 302,000 $ 274,000
DeKalb County Indiana 37 $ 5,175,000 $ 139,000 $ 103,000
Kosciusko County Indiana 32 $ 9,940,000 $ 310,000 $ 239,000
Marshall County Indiana 30 $ 2,920,000 $ 97,000 $ 52,000
Rush County Indiana 28 $ 2,740,000 $ 97,000 $ 81,000
Will County Illinois 19 $ 4,105,000 $ 216,000 $ 163,000
Grant County Indiana 19 $ 1,505,000 $ 79,000 $ 56,000
Licking County Ohio 19 $ 4,735,000 $ 249,000 $ 329,000
Fairfield County Ohio 17 $ 3,935,000 $ 231,000 $ 353,000
St. Joseph County Indiana 16 $ 1,040,000 $ 65,000 $ 73,000
Benton County Indiana 15 $ 685,000 $ 45,000 $ 73,000
Steuben County Indiana 15 $ 2,015,000 $ 134,000 $ 125,000
Blackford County Indiana 14 $ 950,000 $ 67,000 $ 55,000
Cass County Indiana 14 $ 670,000 $ 47,000 $ 56,000
Whitley County Indiana 14 $ 2,120,000 $ 151,000 $ 743,000
Newton County Indiana 13 $ 1,445,000 $ 111,000 $ 56,000
Howard County Indiana 11 $ 815,000 $ 74,000 $ 49,000
Lee County Florida 10 $ 2,010,000 $ 201,000 $ 406,000
Monroe County Indiana 10 $ 14,590,000 $ 1,459,000 $ 102,000
LaGrange County Indiana 9 $ 1,435,000 $ 159,000 $ 155,000
Noble County Indiana 9 $ 995,000 $ 110,000 $ 92,000
Collier County Florida 8 $ 5,750,000 $ 718,000 $ 696,000
Bartholomew County Indiana 8 $ 2,540,000 $ 317,000 $ 180,000
Putnam County Indiana 8 $ 980,000 $ 122,000 $ 112,000
Pulaski County Indiana 7 $ 415,000 $ 59,000 $ 55,000
Starke County Indiana 7 $ 575,000 $ 82,000 $ 114,000
Tipton County Indiana 7 $ 865,000 $ 123,000 $ 83,000
Fountain County Indiana 6 $ 510,000 $ 85,000 $ 70,000
Warren County Indiana 6 $ 390,000 $ 65,000 $ 77,000
Butler County Ohio 6 $ 600,000 $ 100,000 $ 216,000
Union County Ohio 6 $ 1,220,000 $ 203,000 $ 148,000
Decatur County Indiana 5 $ 675,000 $ 135,000 $ 63,000
Elkhart County Indiana 5 $ 24,045,000 $ 4,809,000 $ 264,000
LaPorte County Indiana 5 $ 605,000 $ 121,000 $ 405,000
Darke County Ohio 5 $ 235,000 $ 47,000 $ 43,000
Manatee County Florida 4 $ 940,000 $ 235,000 $ 184,000
Kane County Illinois 4 $ 750,000 $ 187,000 $ 409,000
Franklin County Indiana 4 $ 220,000 $ 55,000 $ 70,000
Hamilton County Ohio 4 $ 1,230,000 $ 307,000 $ 317,000
Beaufort County South Carolina 4 $ 1,280,000 $ 320,000 $ 192,000
Brevard County Florida 3 $ 765,000 $ 255,000 $ 394,000
Sarasota County Florida 3 $ 1,035,000 $ 345,000 $ 81,000
Kankakee County Illinois 3 $ 595,000 $ 198,000 $ 61,000
Fulton County Indiana 3 $ 185,000 $ 61,000 $ 65,000
Owen County Indiana 3 $ 155,000 $ 51,000 $ 76,000
Parke County Indiana 3 $ 225,000 $ 75,000 $ 48,000
Anne Arundel County Maryland 3 $ 765,000 $ 255,000 $ 176,000
St. Louis City County Missouri 3 $ 435,000 $ 145,000 $ 0
Logan County Ohio 3 $ 505,000 $ 168,000 $ 246,000
Morrow County Ohio 3 $ 805,000 $ 268,000 $ 129,000
Pickaway County Ohio 3 $ 805,000 $ 268,000 $ 229,000
Riverside County California 2 $ 270,000 $ 135,000 $ 69,000
Broward County Florida 2 $ 870,000 $ 435,000 $ 183,000
Duval County Florida 2 $ 450,000 $ 225,000 $ 100,000
Okaloosa County Florida 2 $ 470,000 $ 235,000 $ 445,000
Grundy County Illinois 2 $ 1,440,000 $ 720,000 $ 22,000
Putnam County Illinois 2 $ 500,000 $ 250,000 $ 478,000
Clark County Indiana 2 $ 190,000 $ 95,000 $ 129,000
Lawrence County Indiana 2 $ 230,000 $ 115,000 $ 79,000
Orange County Indiana 2 $ 170,000 $ 85,000 $ 53,000
Sullivan County Indiana 2 $ 120,000 $ 60,000 $ 104,000
Vanderburgh County Indiana 2 $ 210,000 $ 105,000 $ 45,000
Vigo County Indiana 2 $ 50,000 $ 25,000 $ 51,000
Bay County Michigan 2 $ 70,000 $ 35,000 $ 71,000
Berrien County Michigan 2 $ 100,000 $ 50,000 $ 46,000
Branch County Michigan 2 $ 310,000 $ 155,000 $ 75,000
Emmet County Michigan 2 $ 410,000 $ 205,000 $ 559,000
Macomb County Michigan 2 $ 60,000 $ 30,000 $ 96,000
Van Buren County Michigan 2 $ 690,000 $ 345,000 $ 1,024,000
Nassau County New York 2 $ 1,050,000 $ 525,000 $ 181,000
Mecklenburg County North Carolina 2 $ 1,330,000 $ 665,000 $ 1,656,000
Belmont County Ohio 2 $ 40,000 $ 20,000 $ 54,000
Hocking County Ohio 2 $ 180,000 $ 90,000 $ 173,000
Knox County Ohio 2 $ 200,000 $ 100,000 $ 358,000
Madison County Ohio 2 $ 310,000 $ 155,000 $ 94,000
Marion County Ohio 2 $ 230,000 $ 115,000 $ 105,000
Montgomery County Ohio 2 $ 220,000 $ 110,000 $ 57,000
Summit County Ohio 2 $ 340,000 $ 170,000 $ 68,000
Van Wert County Ohio 2 $ 120,000 $ 60,000 $ 26,000
Warren County Ohio 2 $ 740,000 $ 370,000 $ 269,000
Fairfax County Virginia 2 $ 790,000 $ 395,000 $ 164,000
Los Angeles County California 1 $ 395,000 $ 395,000 $ 97,000
San Diego County California 1 $ 255,000 $ 255,000 $ 157,000
Ventura County California 1 $ 475,000 $ 475,000 $ 371,000
Arapahoe County Colorado 1 $ 575,000 $ 575,000 $ 244,000
Eagle County Colorado 1 $ 605,000 $ 605,000 $ 1,588,000
Summit County Colorado 1 $ 295,000 $ 295,000 $ 339,000
Charlotte County Florida 1 $ 235,000 $ 235,000 $ 431,000
Indian River County Florida 1 $ 455,000 $ 455,000 $ 563,000
Jackson County Florida 1 $ 145,000 $ 145,000 $ 67,000
Orange County Florida 1 $ 245,000 $ 245,000 $ 75,000
Palm Beach County Florida 1 $ 735,000 $ 735,000 $ 318,000
Polk County Florida 1 $ 145,000 $ 145,000 $ 0
St. Lucie County Florida 1 $ 575,000 $ 575,000 $ 0
Sumter County Florida 1 $ 125,000 $ 125,000 $ 56,000
Chatham County Georgia 1 $ 275,000 $ 275,000 $ 71,000
Effingham County Georgia 1 $ 135,000 $ 135,000 $ 58,000
Iroquois County Illinois 1 $ 55,000 $ 55,000 $ 22,000
Kendall County Illinois 1 $ 295,000 $ 295,000 $ 127,000
Clay County Indiana 1 $ 325,000 $ 325,000 $ 0
Dubois County Indiana 1 $ 95,000 $ 95,000 $ 39,000
Floyd County Indiana 1 $ 35,000 $ 35,000 $ 73,000
Jackson County Indiana 1 $ 95,000 $ 95,000 $ 31,000
Jefferson County Indiana 1 $ 135,000 $ 135,000 $ 56,000
Martin County Indiana 1 $ 65,000 $ 65,000 $ 170,000
Ripley County Indiana 1 $ 25,000 $ 25,000 $ 105,000
Vermillion County Indiana 1 $ 225,000 $ 225,000 $ 196,000
Boone County Kentucky 1 $ 325,000 $ 325,000 $ 161,000
Bullitt County Kentucky 1 $ 225,000 $ 225,000 $ 68,000
Henry County Kentucky 1 $ 75,000 $ 75,000 $ 0
Russell County Kentucky 1 $ 145,000 $ 145,000 $ 163,000
Barnstable County Massachusetts 1 $ 1,005,000 $ 1,005,000 $ 144,000
Cheboygan County Michigan 1 $ 745,000 $ 745,000 $ 1,397,000
Crawford County Michigan 1 $ 745,000 $ 745,000 $ 503,000
Grand Traverse County Michigan 1 $ 235,000 $ 235,000 $ 236,000
Kalamazoo County Michigan 1 $ 505,000 $ 505,000 $ 284,000
Kent County Michigan 1 $ 155,000 $ 155,000 $ 127,000
Oceana County Michigan 1 $ 65,000 $ 65,000 $ 85,000
St. Joseph County Michigan 1 $ 405,000 $ 405,000 $ 157,000
Hennepin County Minnesota 1 $ 425,000 $ 425,000 $ 215,000
Moore County North Carolina 1 $ 235,000 $ 235,000 $ 239,000
Union County North Carolina 1 $ 565,000 $ 565,000 $ 128,000
Wake County North Carolina 1 $ 145,000 $ 145,000 $ 72,000
Washington County North Carolina 1 $ 135,000 $ 135,000 $ 137,000
Ashtabula County Ohio 1 $ 145,000 $ 145,000 $ 65,000
Brown County Ohio 1 $ 205,000 $ 205,000 $ 771,000
Champaign County Ohio 1 $ 95,000 $ 95,000 $ 74,000
Clark County Ohio 1 $ 125,000 $ 125,000 $ 56,000
Clermont County Ohio 1 $ 785,000 $ 785,000 $ 420,000
Defiance County Ohio 1 $ 15,000 $ 15,000 $ 62,000
Fayette County Ohio 1 $ 25,000 $ 25,000 $ 32,000
Geauga County Ohio 1 $ 165,000 $ 165,000 $ 310,000
Lorain County Ohio 1 $ 55,000 $ 55,000 $ 0
Muskingum County Ohio 1 $ 115,000 $ 115,000 $ 30,000
Paulding County Ohio 1 $ 35,000 $ 35,000 $ 56,000
Richland County Ohio 1 $ 545,000 $ 545,000 $ 144,000
Wood County Ohio 1 $ 425,000 $ 425,000 $ 240,000
Bucks County Pennsylvania 1 $ 375,000 $ 375,000 $ 104,000
Northampton County Pennsylvania 1 $ 465,000 $ 465,000 $ 363,000
Cherokee County South Carolina 1 $ 25,000 $ 25,000 $ 0
Sumter County South Carolina 1 $ 1,505,000 $ 1,505,000 $ 0
Davidson County Tennessee 1 $ 385,000 $ 385,000 $ 296,000
Knox County Tennessee 1 $ 145,000 $ 145,000 $ 50,000
Marion County Tennessee 1 $ 55,000 $ 55,000 $ 25,000
Roane County Tennessee 1 $ 215,000 $ 215,000 $ 107,000
Sevier County Tennessee 1 $ 155,000 $ 155,000 $ 325,000
Bexar County Texas 1 $ 455,000 $ 455,000 $ 338,000
Ellis County Texas 1 $ 155,000 $ 155,000 $ 78,000
Fort Bend County Texas 1 $ 205,000 $ 205,000 $ 79,000
Galveston County Texas 1 $ 255,000 $ 255,000 $ 96,000
Palo Pinto County Texas 1 $ 95,000 $ 95,000 $ 96,000
Summit County Utah 1 $ 1,505,000 $ 1,505,000 $ 0
Dane County Wisconsin 1 $ 815,000 $ 815,000 $ 290,000
Oneida County Wisconsin 1 $ 205,000 $ 205,000 $ 137,000

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 2018

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
Other Purpose 3,127 $241,735,000 $77,000 $1,255,000 $101,000 $8,733,000
Home Purchase 1,994 $361,630,000 $181,000 $3,055,000 $104,000 $2,130,000
Refinancing 1,067 $162,135,000 $151,000 $13,785,000 $95,000 $2,264,000
Home Improvement 729 $46,305,000 $63,000 $535,000 $82,000 $658,000
Cash-out Refinancing 566 $134,950,000 $238,000 $11,505,000 $135,000 $2,526,000
Not Applicable 19 $1,795,000 $94,000 $355,000 $35,000 $51,000

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 5,606 $632,550,000 $112,000 $1,905,000 $100,000 $8,733,000
Not Provided 1,131 $121,305,000 $107,000 $1,255,000 $121,000 $3,245,000
Not applicable 276 $137,450,000 $498,000 $13,785,000 $0 $0
Asian 171 $20,145,000 $117,000 $675,000 $65,000 $1,624,000
Black or African American 138 $12,770,000 $92,000 $885,000 $71,000 $646,000
Hispanic 131 $13,045,000 $99,000 $545,000 $63,000 $309,000
American Indian or Alaskan Native 17 $3,475,000 $204,000 $1,365,000 $166,000 $960,000
Native Hawaiian or Other Pacific Islander 3 $1,625,000 $541,000 $1,085,000 $462,000 $1,200,000

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) 7,106 $899,860,000 $126,000 $13,785,000 $104,000 $8,733,000
FHA-insured (Federal Housing Administration) 264 $33,250,000 $125,000 $435,000 $57,000 $182,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 87 $8,295,000 $95,000 $245,000 $40,000 $85,000
VA-guaranteed (Veterans Administration) 45 $7,145,000 $158,000 $505,000 $63,000 $155,000

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 4,776 $689,820,000 $144,000 $13,785,000 $113,000 $3,245,000
Application Denied By Financial Institution 1,542 $119,700,000 $77,000 $1,225,000 $73,000 $8,733,000
Application Withdrawn By Applicant 752 $107,620,000 $143,000 $11,505,000 $97,000 $1,280,000
File Closed For Incompleteness 308 $22,040,000 $71,000 $505,000 $94,000 $780,000
Application Approved But Not Accepted 105 $7,575,000 $72,000 $755,000 $95,000 $518,000
Loan Purchased By The Institution 19 $1,795,000 $94,000 $355,000 $35,000 $51,000
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
Not applicable 5,960 $828,850,000 $139,000 $13,785,000 $109,000 $3,245,000
Debt-To-Income Ratio 742 $59,400,000 $80,000 $755,000 $56,000 $395,000
Credit History 473 $29,105,000 $61,000 $505,000 $89,000 $8,733,000
Collateral 229 $17,075,000 $74,000 $655,000 $85,000 $1,200,000
Unverifiable Information 30 $4,840,000 $161,000 $1,225,000 $103,000 $351,000
Insufficient Cash (Downpayment, Closing Cost) 21 $3,085,000 $146,000 $825,000 $108,000 $1,200,000
Employment History 20 $2,540,000 $127,000 $375,000 $57,000 $275,000
Other 14 $1,400,000 $100,000 $185,000 $99,000 $567,000
Credit Application Incomplete 13 $2,255,000 $173,000 $325,000 $119,000 $226,000
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