Merchants Bank Of Indiana
Mortgage Loan Application
Totals and Details
for 2021

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 Merchants Bank Of Indiana.
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 Merchants Bank Of Indiana
11555 N. Meridian Street
Carmel, IN 46032
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  
Total Number of Mortgage Applications 4,517
Total Mortgage Loan Application Amount $3,090,945,000
Average Mortgage Loan Application Amount $1,675,250
Highest Mortgage Loan Application Amount $60,045,000
Average Applicant Income $110,250
Highest Applicant Income $1,878,000

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 Merchants Bank Of Indiana by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
INDIANAPOLIS-CARMEL-ANDERSON, IN 634 $ 445,400,000 $ 702,000 $ 100,000
ST. LOUIS, MO-IL 572 $ 240,860,000 $ 421,000 $ 142,000
PROVIDENCE-WARWICK, RI-MA 498 $ 146,920,000 $ 305,000 $ 134,500
CHICAGO-NAPERVILLE, IL 226 $ 210,080,000 $ 929,000 $ 144,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 225 $ 100,525,000 $ 446,000 $ 153,000
NA (OUTSIDE OF MSA/MD) 193 $ 56,385,000 $ 262,730 $ 132,576
COLUMBUS, OH 129 $ 34,575,000 $ 268,000 $ 136,000
BOSTON, MA 111 $ 42,235,000 $ 380,000 $ 146,000
ALEXANDRIA, LA 99 $ 25,015,000 $ 252,000 $ 130,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 96 $ 31,660,000 $ 329,000 $ 134,000
ANAHEIM-SANTA ANA-IRVINE, CA 84 $ 35,250,000 $ 419,000 $ 135,000
PHOENIX-MESA-SCOTTSDALE, AZ 81 $ 23,705,000 $ 292,000 $ 121,000
OAKLAND-HAYWARD-BERKELEY, CA 75 $ 41,765,000 $ 556,000 $ 172,000
SAN DIEGO-CARLSBAD, CA 69 $ 27,765,000 $ 402,000 $ 169,000
CANTON-MASSILLON, OH 63 $ 15,365,000 $ 243,000 $ 85,000
NEW ORLEANS-METAIRIE, LA 58 $ 13,780,000 $ 237,000 $ 125,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 49 $ 65,815,000 $ 1,343,000 $ 168,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 42 $ 21,620,000 $ 514,000 $ 151,000
SEATTLE-BELLEVUE-EVERETT, WA 41 $ 14,155,000 $ 345,000 $ 172,000
PITTSBURGH, PA 39 $ 11,405,000 $ 292,000 $ 138,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 35 $ 15,745,000 $ 449,000 $ 202,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 34 $ 62,790,000 $ 2,813,666 $ 157,333
DENVER-AURORA-LAKEWOOD, CO 33 $ 12,025,000 $ 364,000 $ 152,000
SHREVEPORT-BOSSIER CITY, LA 33 $ 7,645,000 $ 231,000 $ 133,000
ORLANDO-KISSIMMEE-SANFORD, FL 32 $ 9,950,000 $ 310,000 $ 163,000
WARREN-TROY-FARMINGTON HILLS, MI 32 $ 14,110,000 $ 440,000 $ 129,000
CINCINNATI, OH-KY-IN 30 $ 97,770,000 $ 1,529,000 $ 97,333
DAYTON-SPRINGFIELD-KETTERING, OH 24 $ 4,570,000 $ 190,000 $ 71,000
ELGIN, IL 24 $ 6,080,000 $ 253,000 $ 135,000
LAKE CHARLES, LA 22 $ 5,860,000 $ 266,000 $ 177,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 21 $ 69,025,000 $ 3,771,500 $ 137,500
OXNARD-THOUSAND OAKS-VENTURA, CA 20 $ 7,660,000 $ 383,000 $ 133,000
AKRON, OH 19 $ 3,625,000 $ 190,000 $ 91,000
BATON ROUGE, LA 19 $ 5,715,000 $ 300,000 $ 143,000
MONROE, LA 19 $ 4,805,000 $ 252,000 $ 119,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 18 $ 5,130,000 $ 285,000 $ 167,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 18 $ 8,600,000 $ 477,000 $ 169,000
DETROIT-DEARBORN-LIVONIA, MI 16 $ 3,320,000 $ 207,000 $ 113,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 16 $ 4,300,000 $ 268,000 $ 224,000
STOCKTON-LODI, CA 16 $ 5,270,000 $ 329,000 $ 130,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 16 $ 36,030,000 $ 2,251,000 $ 174,000
SANTA MARIA-SANTA BARBARA, CA 15 $ 5,975,000 $ 398,000 $ 173,000
FORT WORTH-ARLINGTON, TX 14 $ 33,400,000 $ 2,385,000 $ 86,000
WORCESTER, MA-CT 14 $ 4,680,000 $ 326,500 $ 164,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 14 $ 2,500,000 $ 178,000 $ 100,000
BRIDGEPORT-STAMFORD-NORWALK, CT 13 $ 5,695,000 $ 438,000 $ 169,000
FORT WAYNE, IN 13 $ 96,615,000 $ 7,431,000 $ 57,000
MADISON, WI 13 $ 3,515,000 $ 270,000 $ 115,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 12 $ 4,520,000 $ 376,000 $ 157,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 12 $ 27,840,000 $ 2,320,000 $ 150,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 12 $ 19,780,000 $ 1,648,000 $ 119,000
VALLEJO-FAIRFIELD, CA 12 $ 4,070,000 $ 339,000 $ 150,000
CAPE CORAL-FORT MYERS, FL 11 $ 3,365,000 $ 305,000 $ 487,000
WEIRTON-STEUBENVILLE, WV-OH 11 $ 1,315,000 $ 119,000 $ 91,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 9 $ 3,445,000 $ 382,000 $ 305,000
BALTIMORE-COLUMBIA-TOWSON, MD 8 $ 2,480,000 $ 310,000 $ 135,000
BOISE CITY, ID 8 $ 2,760,000 $ 345,000 $ 115,000
DALLAS-PLANO-IRVING, TX 8 $ 29,830,000 $ 3,728,000 $ 92,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 8 $ 12,150,000 $ 1,518,000 $ 205,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 8 $ 2,820,000 $ 352,000 $ 140,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 8 $ 24,340,000 $ 2,500,000 $ 146,000
ANN ARBOR, MI 7 $ 1,925,000 $ 275,000 $ 122,000
BAKERSFIELD, CA 7 $ 1,885,000 $ 269,000 $ 93,000
BLOOMINGTON, IN 7 $ 26,745,000 $ 3,820,000 $ 99,000
CLEVELAND-ELYRIA, OH 7 $ 1,175,000 $ 167,000 $ 118,000
EVANSVILLE, IN-KY 7 $ 33,765,000 $ 4,823,000 $ 209,000
FRESNO, CA 7 $ 1,825,000 $ 260,000 $ 121,000
MUNCIE, IN 7 $ 7,095,000 $ 1,013,000 $ 123,000
NEWARK, NJ-PA 7 $ 2,365,000 $ 261,500 $ 118,500
SANTA CRUZ-WATSONVILLE, CA 7 $ 2,125,000 $ 303,000 $ 156,000
AUSTIN-ROUND ROCK, TX 6 $ 1,730,000 $ 288,000 $ 275,000
BARNSTABLE TOWN, MA 6 $ 2,350,000 $ 391,000 $ 185,000
CHARLESTON-NORTH CHARLESTON, SC 6 $ 1,800,000 $ 300,000 $ 146,000
COLORADO SPRINGS, CO 6 $ 1,520,000 $ 253,000 $ 93,000
LAS VEGAS-HENDERSON-PARADISE, NV 6 $ 1,830,000 $ 305,000 $ 210,000
NEW HAVEN-MILFORD, CT 6 $ 1,930,000 $ 321,000 $ 110,000
OMAHA-COUNCIL BLUFFS, NE-IA 6 $ 13,100,000 $ 1,400,000 $ 137,500
SALINAS, CA 6 $ 2,030,000 $ 338,000 $ 121,000
TUCSON, AZ 6 $ 1,460,000 $ 243,000 $ 94,000
DAPHNE-FAIRHOPE-FOLEY, AL 5 $ 15,175,000 $ 3,035,000 $ 258,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 5 $ 28,895,000 $ 5,779,000 $ 302,000
JACKSONVILLE, FL 5 $ 10,145,000 $ 2,029,000 $ 129,000
KOKOMO, IN 5 $ 14,825,000 $ 2,965,000 $ 66,000
MODESTO, CA 5 $ 2,015,000 $ 403,000 $ 144,000
NORWICH-NEW LONDON, CT 5 $ 1,635,000 $ 327,000 $ 158,000
SAN ANTONIO-NEW BRAUNFELS, TX 5 $ 44,015,000 $ 8,803,000 $ 176,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 5 $ 1,695,000 $ 339,000 $ 109,000
SANTA ROSA, CA 5 $ 2,475,000 $ 495,000 $ 146,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 5 $ 1,485,000 $ 297,000 $ 115,000
ALBUQUERQUE, NM 4 $ 1,290,000 $ 322,000 $ 142,000
COLUMBUS, IN 4 $ 1,390,000 $ 347,000 $ 194,000
DURHAM-CHAPEL HILL, NC 4 $ 920,000 $ 230,000 $ 96,000
FORT COLLINS, CO 4 $ 1,320,000 $ 330,000 $ 134,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 4 $ 1,340,000 $ 335,000 $ 211,000
GARY, IN 4 $ 28,390,000 $ 7,097,000 $ 78,000
GREENVILLE-ANDERSON-MAULDIN, SC 4 $ 2,890,000 $ 722,000 $ 200,000
LAFAYETTE, LA 4 $ 970,000 $ 242,000 $ 119,000
LAFAYETTE-WEST LAFAYETTE, IN 4 $ 19,150,000 $ 4,787,000 $ 190,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 4 $ 1,130,000 $ 282,000 $ 190,000
RALEIGH, NC 4 $ 1,230,000 $ 307,000 $ 104,000
REDDING, CA 4 $ 1,180,000 $ 295,000 $ 92,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 4 $ 7,190,000 $ 1,286,500 $ 76,500
ALBANY, GA 3 $ 15,815,000 $ 5,271,000 $ 0
BIRMINGHAM-HOOVER, AL 3 $ 655,000 $ 218,000 $ 64,000
BOWLING GREEN, KY 3 $ 15,655,000 $ 5,218,000 $ 50,000
CAMDEN, NJ 3 $ 695,000 $ 231,000 $ 179,000
DES MOINES-WEST DES MOINES, IA 3 $ 31,605,000 $ 10,535,000 $ 91,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 3 $ 25,475,000 $ 8,491,000 $ 86,000
GULFPORT-BILOXI-PASCAGOULA, MS 3 $ 9,405,000 $ 3,135,000 $ 133,000
HAMMOND, LA 3 $ 685,000 $ 228,000 $ 120,000
HICKORY-LENOIR-MORGANTON, NC 3 $ 13,085,000 $ 4,361,000 $ 232,000
JANESVILLE-BELOIT, WI 3 $ 675,000 $ 225,000 $ 76,000
KANSAS CITY, MO-KS 3 $ 2,535,000 $ 692,500 $ 127,000
LAKELAND-WINTER HAVEN, FL 3 $ 665,000 $ 221,000 $ 116,000
LEXINGTON-FAYETTE, KY 3 $ 2,975,000 $ 991,000 $ 44,000
MEMPHIS, TN-MS-AR 3 $ 19,235,000 $ 9,497,500 $ 49,000
MONROE, MI 3 $ 925,000 $ 308,000 $ 93,000
NAPA, CA 3 $ 1,585,000 $ 528,000 $ 133,000
NORTH PORT-SARASOTA-BRADENTON, FL 3 $ 1,125,000 $ 375,000 $ 163,000
OCEAN CITY, NJ 3 $ 1,375,000 $ 458,000 $ 231,000
PHILADELPHIA, PA 3 $ 1,145,000 $ 381,000 $ 134,000
WATERTOWN-FORT DRUM, NY 3 $ 14,845,000 $ 4,948,000 $ 0
BECKLEY, WV 2 $ 6,130,000 $ 3,065,000 $ 0
BEND-REDMOND, OR 2 $ 740,000 $ 370,000 $ 97,000
COLUMBIA, MO 2 $ 8,650,000 $ 4,325,000 $ 185,000
COLUMBIA, SC 2 $ 860,000 $ 430,000 $ 221,000
CORVALLIS, OR 2 $ 370,000 $ 185,000 $ 60,000
DOTHAN, AL 2 $ 450,000 $ 225,000 $ 73,000
EL CENTRO, CA 2 $ 460,000 $ 230,000 $ 102,000
GRANTS PASS, OR 2 $ 36,000,000 $ 18,000,000 $ 0
JACKSON, MS 2 $ 800,000 $ 400,000 $ 207,000
LAKE HAVASU CITY-KINGMAN, AZ 2 $ 350,000 $ 175,000 $ 68,000
MIAMI-MIAMI BEACH-KENDALL, FL 2 $ 59,890,000 $ 29,945,000 $ 99,000
MICHIGAN CITY-LA PORTE, IN 2 $ 10,720,000 $ 5,360,000 $ 99,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 2 $ 710,000 $ 355,000 $ 61,000
NEW YORK-NEWARK, NY 2 $ 490,000 $ 245,000 $ 245,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 2 $ 330,000 $ 165,000 $ 171,000
PENSACOLA-FERRY PASS-BRENT, FL 2 $ 610,000 $ 305,000 $ 124,000
PORTLAND-SOUTH PORTLAND, ME 2 $ 730,000 $ 365,000 $ 167,000
PUNTA GORDA, FL 2 $ 670,000 $ 335,000 $ 112,000
RAPID CITY, SD 2 $ 20,430,000 $ 10,215,000 $ 0
ROCHESTER, MN 2 $ 490,000 $ 245,000 $ 86,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 2 $ 610,000 $ 305,000 $ 137,000
SAN RAFAEL, CA 2 $ 1,080,000 $ 540,000 $ 374,000
SIOUX FALLS, SD 2 $ 7,200,000 $ 3,600,000 $ 0
SPRINGFIELD, OH 2 $ 330,000 $ 165,000 $ 55,000
SYRACUSE, NY 2 $ 3,410,000 $ 1,705,000 $ 0
TACOMA-LAKEWOOD, WA 2 $ 660,000 $ 330,000 $ 65,000
TOLEDO, OH 2 $ 840,000 $ 420,000 $ 226,000
VINELAND-BRIDGETON, NJ 2 $ 390,000 $ 195,000 $ 116,000
VISALIA-PORTERVILLE, CA 2 $ 390,000 $ 195,000 $ 104,000
WILMINGTON, DE-MD-NJ 2 $ 8,970,000 $ 4,485,000 $ 0
WINCHESTER, VA-WV 2 $ 610,000 $ 305,000 $ 128,000
YUBA CITY, CA 2 $ 440,000 $ 220,000 $ 321,000
ANCHORAGE, AK 1 $ 205,000 $ 205,000 $ 82,000
ATLANTIC CITY-HAMMONTON, NJ 1 $ 255,000 $ 255,000 $ 86,000
AUGUSTA-RICHMOND COUNTY, GA-SC 1 $ 295,000 $ 295,000 $ 56,000
BISMARCK, ND 1 $ 375,000 $ 375,000 $ 173,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 1 $ 275,000 $ 275,000 $ 114,000
BOULDER, CO 1 $ 635,000 $ 635,000 $ 111,000
BROWNSVILLE-HARLINGEN, TX 1 $ 8,405,000 $ 8,405,000 $ 0
CAPE GIRARDEAU, MO-IL 1 $ 295,000 $ 295,000 $ 168,000
CHAMPAIGN-URBANA, IL 1 $ 125,000 $ 125,000 $ 49,000
CHARLOTTESVILLE, VA 1 $ 255,000 $ 255,000 $ 72,000
CHATTANOOGA, TN-GA 1 $ 265,000 $ 265,000 $ 100,000
CLEVELAND, TN 1 $ 155,000 $ 155,000 $ 70,000
COEUR D'ALENE, ID 1 $ 245,000 $ 245,000 $ 44,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $ 3,375,000 $ 3,375,000 $ 0
CUMBERLAND, MD-WV 1 $ 25,005,000 $ 25,005,000 $ 0
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 95,000 $ 95,000 $ 52,000
EAST STROUDSBURG, PA 1 $ 245,000 $ 245,000 $ 131,000
EUGENE, OR 1 $ 255,000 $ 255,000 $ 60,000
FARMINGTON, NM 1 $ 295,000 $ 295,000 $ 227,000
FLAGSTAFF, AZ 1 $ 245,000 $ 245,000 $ 68,000
FLINT, MI 1 $ 125,000 $ 125,000 $ 40,000
FOND DU LAC, WI 1 $ 105,000 $ 105,000 $ 62,000
GRAND JUNCTION, CO 1 $ 215,000 $ 215,000 $ 60,000
GRAND RAPIDS-WYOMING, MI 1 $ 255,000 $ 255,000 $ 175,000
GREENSBORO-HIGH POINT, NC 1 $ 255,000 $ 255,000 $ 91,000
HANFORD-CORCORAN, CA 1 $ 205,000 $ 205,000 $ 73,000
HARRISONBURG, VA 1 $ 245,000 $ 245,000 $ 84,000
HATTIESBURG, MS 1 $ 255,000 $ 255,000 $ 204,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 245,000 $ 245,000 $ 76,000
HINESVILLE, GA 1 $ 215,000 $ 215,000 $ 131,000
HOMOSASSA SPRINGS, FL 1 $ 495,000 $ 495,000 $ 800,000
HOUMA-THIBODAUX, LA 1 $ 525,000 $ 525,000 $ 250,000
HUNTINGTON-ASHLAND, WV-KY-OH 1 $ 235,000 $ 235,000 $ 135,000
HUNTSVILLE, AL 1 $ 275,000 $ 275,000 $ 283,000
IOWA CITY, IA 1 $ 9,075,000 $ 9,075,000 $ 0
JACKSON, MI 1 $ 145,000 $ 145,000 $ 51,000
KALAMAZOO-PORTAGE, MI 1 $ 255,000 $ 255,000 $ 97,000
KENNEWICK-RICHLAND, WA 1 $ 14,005,000 $ 14,005,000 $ 0
KNOXVILLE, TN 1 $ 545,000 $ 545,000 $ 327,000
LANSING-EAST LANSING, MI 1 $ 295,000 $ 295,000 $ 240,000
LAS CRUCES, NM 1 $ 285,000 $ 285,000 $ 121,000
LEWISTON-AUBURN, ME 1 $ 225,000 $ 225,000 $ 80,000
LINCOLN, NE 1 $ 105,000 $ 105,000 $ 61,000
LONGVIEW, TX 1 $ 4,035,000 $ 4,035,000 $ 0
LUBBOCK, TX 1 $ 16,375,000 $ 16,375,000 $ 0
LYNCHBURG, VA 1 $ 295,000 $ 295,000 $ 80,000
MADERA, CA 1 $ 285,000 $ 285,000 $ 163,000
MANCHESTER-NASHUA, NH 1 $ 255,000 $ 255,000 $ 63,000
MCALLEN-EDINBURG-MISSION, TX 1 $ 135,000 $ 135,000 $ 114,000
MERCED, CA 1 $ 305,000 $ 305,000 $ 72,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 225,000 $ 225,000 $ 60,000
MONTGOMERY, AL 1 $ 335,000 $ 335,000 $ 89,000
MORGANTOWN, WV 1 $ 215,000 $ 215,000 $ 191,000
OCALA, FL 1 $ 295,000 $ 295,000 $ 99,000
PANAMA CITY, FL 1 $ 145,000 $ 145,000 $ 127,000
ROCKFORD, IL 1 $ 165,000 $ 165,000 $ 64,000
SALEM, OR 1 $ 245,000 $ 245,000 $ 66,000
SALISBURY, MD-DE 1 $ 135,000 $ 135,000 $ 195,000
SANTA FE, NM 1 $ 245,000 $ 245,000 $ 92,000
SOUTH BEND-MISHAWAKA, IN-MI 1 $ 54,255,000 $ 54,255,000 $ 0
SPOKANE-SPOKANE VALLEY, WA 1 $ 385,000 $ 385,000 $ 151,000
ST. CLOUD, MN 1 $ 175,000 $ 175,000 $ 56,000
TRENTON, NJ 1 $ 245,000 $ 245,000 $ 142,000
TUSCALOOSA, AL 1 $ 245,000 $ 245,000 $ 109,000
URBAN HONOLULU, HI 1 $ 785,000 $ 785,000 $ 674,000
VALDOSTA, GA 1 $ 22,575,000 $ 22,575,000 $ 0
WENATCHEE, WA 1 $ 255,000 $ 255,000 $ 55,000
WICHITA, KS 1 $ 125,000 $ 125,000 $ 100,000
WILMINGTON, NC 1 $ 225,000 $ 225,000 $ 644,000
YAKIMA, WA 1 $ 325,000 $ 325,000 $ 218,000

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 Merchants Bank Of Indiana in 2021

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 2,267 $1,114,025,000 $491,000 $60,045,000 $142,000 $1,662,000
Home Purchase 1,185 $1,450,805,000 $1,224,000 $59,505,000 $117,000 $1,878,000
Cash-out Refinancing 1,017 $300,905,000 $295,000 $825,000 $133,000 $965,000
Home Improvement 48 $225,210,000 $4,691,000 $30,005,000 $49,000 $62,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

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 3,053 $877,955,000 $287,000 $1,145,000 $138,000 $1,878,000
Asian 597 $177,715,000 $297,000 $1,555,000 $113,000 $617,000
Not Provided 409 $136,425,000 $333,000 $855,000 $151,000 $799,000
Hispanic 173 $51,735,000 $299,000 $745,000 $113,000 $529,000
Not applicable 161 $1,816,925,000 $11,285,000 $60,045,000 $0 $0
Black or African American 109 $26,515,000 $243,000 $595,000 $96,000 $362,000
Native Hawaiian or Other Pacific Islander 9 $2,275,000 $252,000 $505,000 $124,000 $169,000
American Indian or Alaskan Native 6 $1,400,000 $233,000 $435,000 $186,000 $343,000

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) 4,470 $3,080,490,000 $689,000 $60,045,000 $134,000 $1,878,000
FHA-insured (Federal Housing Administration) 47 $10,455,000 $222,000 $445,000 $63,000 $248,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 3,602 $2,789,120,000 $774,000 $60,045,000 $131,000 $1,878,000
Loan Purchased By The Institution 621 $229,295,000 $369,000 $1,555,000 $151,000 $925,000
Application Withdrawn By Applicant 119 $29,615,000 $248,000 $905,000 $129,000 $996,000
Application Approved But Not Accepted 87 $24,125,000 $277,000 $805,000 $138,000 $659,000
Application Denied By Financial Institution 75 $16,575,000 $221,000 $855,000 $86,000 $747,000
File Closed For Incompleteness 13 $2,215,000 $170,000 $345,000 $163,000 $744,000
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 4,442 $3,074,370,000 $692,000 $60,045,000 $134,000 $1,878,000
Debt-To-Income Ratio 48 $10,320,000 $215,000 $545,000 $64,000 $214,000
Collateral 10 $3,620,000 $362,000 $855,000 $223,000 $747,000
Credit History 10 $1,700,000 $170,000 $505,000 $62,000 $114,000
Employment History 3 $565,000 $188,000 $265,000 $62,000 $115,000
Other 2 $190,000 $95,000 $145,000 $117,000 $182,000
Credit Application Incomplete 1 $85,000 $85,000 $85,000 $50,000 $50,000
Insufficient Cash (Downpayment, Closing Cost) 1 $95,000 $95,000 $95,000 $30,000 $30,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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