Merit Financial, Inc
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage loan statistics, lending data, and loan application totals for Washington.
The mortgage statistics and data below are specific to mortgage loan applications for Merit Financial, Inc.
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 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 5,328
Total Mortgage Loan Application Amount $798,294,000
Average Mortgage Loan Application Amount $134,662
Highest Mortgage Loan Application Amount $1,311,000
Average Applicant Income $47,000
Highest Applicant Income $1,020,000

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 WA, 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 Merit Financial, Inc by Metropolitan Area in 2003

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 481 $ 88,471,000 $ 183,000 $ 69,000
ATLANTA, GA 354 $ 49,664,000 $ 140,000 $ 41,000
CHICAGO, IL 345 $ 52,420,000 $ 151,000 $ 46,000
BALTIMORE, MD 170 $ 23,771,000 $ 139,000 $ 49,000
PORTLAND-VANCOUVER, OR-WA 143 $ 22,605,000 $ 158,000 $ 52,000
RIVERSIDE-SAN BERNARDINO, CA 143 $ 20,411,000 $ 142,000 $ 53,000
TACOMA, WA 141 $ 20,323,000 $ 144,000 $ 51,000
PHOENIX-MESA, AZ 136 $ 19,129,000 $ 140,000 $ 44,000
JACKSONVILLE, FL 127 $ 17,460,000 $ 137,000 $ 44,000
NORFOLK-VIRGINIA BEACH-NEWPORT NEWS, VA-NC 127 $ 17,866,000 $ 140,000 $ 42,000
LAS VEGAS, NV-AZ 104 $ 15,260,000 $ 146,000 $ 49,000
ORLANDO, FL 97 $ 12,927,000 $ 133,000 $ 43,000
LOS ANGELES-LONG BEACH, CA 86 $ 15,433,000 $ 179,000 $ 68,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 86 $ 11,869,000 $ 138,000 $ 46,000
DENVER, CO 58 $ 9,548,000 $ 164,000 $ 62,000
PENSACOLA, FL 58 $ 8,017,000 $ 138,000 $ 39,000
SAN DIEGO, CA 53 $ 10,005,000 $ 188,000 $ 60,000
SALEM, OR 51 $ 6,484,000 $ 127,000 $ 41,000
FORT LAUDERDALE, FL 50 $ 7,434,000 $ 148,000 $ 51,000
SALT LAKE CITY-OGDEN, UT 50 $ 6,686,000 $ 133,000 $ 44,000
BREMERTON, WA 49 $ 7,029,000 $ 143,000 $ 49,000
SACRAMENTO, CA 49 $ 8,178,000 $ 166,000 $ 84,000
BIRMINGHAM, AL 46 $ 6,538,000 $ 142,000 $ 42,000
COLORADO SPRINGS, CO 44 $ 6,411,000 $ 145,000 $ 39,000
SPOKANE, WA 44 $ 4,878,000 $ 110,000 $ 45,000
MIAMI, FL 42 $ 6,391,000 $ 152,000 $ 56,000
MODESTO, CA 38 $ 6,383,000 $ 167,000 $ 47,000
RICHMOND-PETERSBURG, VA 38 $ 4,912,000 $ 129,000 $ 33,000
EUGENE-SPRINGFIELD, OR 37 $ 5,274,000 $ 142,000 $ 49,000
MELBOURNE-TITUSVILLE-PALM BAY, FL 37 $ 4,955,000 $ 133,000 $ 57,000
OLYMPIA, WA 37 $ 4,911,000 $ 132,000 $ 34,000
TUCSON, AZ 35 $ 4,488,000 $ 128,000 $ 33,000
INDIANAPOLIS, IN 31 $ 3,410,000 $ 110,000 $ 25,000
RICHLAND-KENNEWICK-PASCO, WA 31 $ 3,846,000 $ 124,000 $ 65,000
FORT WALTON BEACH, FL 29 $ 4,360,000 $ 150,000 $ 63,000
MEMPHIS, TN-AR-MS 29 $ 4,281,000 $ 147,000 $ 35,000
ORANGE COUNTY, CA 29 $ 7,349,000 $ 253,000 $ 75,000
SARASOTA-BRADENTON, FL 26 $ 3,513,000 $ 135,000 $ 44,000
OAKLAND, CA 25 $ 4,394,000 $ 175,000 $ 69,000
STOCKTON-LODI, CA 24 $ 3,466,000 $ 144,000 $ 47,000
BOISE CITY, ID 23 $ 2,725,000 $ 118,000 $ 52,000
KANSAS CITY, MO-KS 22 $ 2,626,000 $ 119,000 $ 26,000
MERCED, CA 22 $ 3,488,000 $ 158,000 $ 57,000
OKLAHOMA CITY, OK 20 $ 3,079,000 $ 153,000 $ 44,000
DAYTONA BEACH, FL 19 $ 2,906,000 $ 152,000 $ 24,000
FRESNO, CA 19 $ 2,474,000 $ 130,000 $ 48,000
WEST PALM BEACH-BOCA RATON, FL 19 $ 3,340,000 $ 175,000 $ 70,000
BAKERSFIELD, CA 18 $ 2,478,000 $ 137,000 $ 59,000
MINNEAPOLIS-ST. PAUL, MN-WI 18 $ 2,873,000 $ 159,000 $ 47,000
PEORIA-PEKIN, IL 18 $ 2,066,000 $ 114,000 $ 31,000
TULSA, OK 18 $ 2,412,000 $ 134,000 $ 54,000
VENTURA, CA 18 $ 3,519,000 $ 195,000 $ 74,000
AUGUSTA-AIKEN, GA-SC 17 $ 2,215,000 $ 130,000 $ 31,000
LOUISVILLE, KY-IN 17 $ 2,080,000 $ 122,000 $ 47,000
PANAMA CITY, FL 17 $ 2,280,000 $ 134,000 $ 34,000
FORT MYERS-CAPE CORAL, FL 16 $ 2,177,000 $ 136,000 $ 49,000
ST. LOUIS, MO-IL 16 $ 2,573,000 $ 160,000 $ 34,000
VALLEJO-FAIRFIELD-NAPA, CA 16 $ 2,928,000 $ 183,000 $ 72,000
LAKELAND-WINTER HAVEN, FL 15 $ 2,102,000 $ 140,000 $ 79,000
ROCKFORD, IL 15 $ 2,107,000 $ 140,000 $ 38,000
PROVO-OREM, UT 14 $ 2,350,000 $ 167,000 $ 33,000
YAKIMA, WA 14 $ 1,999,000 $ 142,000 $ 62,000
BELLINGHAM, WA 13 $ 2,024,000 $ 155,000 $ 49,000
CORVALLIS, OR 13 $ 1,859,000 $ 143,000 $ 56,000
MOBILE, AL 13 $ 1,760,000 $ 135,000 $ 100,000
MONTGOMERY, AL 13 $ 1,906,000 $ 146,000 $ 37,000
RENO, NV 13 $ 2,050,000 $ 157,000 $ 28,000
GREENVILLE-SPARTANBURG-ANDERSON, SC 12 $ 1,713,000 $ 142,000 $ 36,000
HARTFORD, CT 12 $ 1,727,000 $ 143,000 $ 38,000
HAGERSTOWN, MD 11 $ 1,583,000 $ 143,000 $ 58,000
LYNCHBURG, VA 10 $ 1,108,000 $ 110,000 $ 80,000
VISALIA-TULARE-PORTERVILLE, CA 10 $ 1,259,000 $ 125,000 $ 73,000
CHARLESTON-NORTH CHARLESTON, SC 9 $ 1,585,000 $ 176,000 $ 58,000
CHEYENNE, WY 9 $ 1,321,000 $ 146,000 $ 30,000
COLUMBIA, SC 9 $ 1,225,000 $ 136,000 $ 25,000
REDDING, CA 9 $ 1,436,000 $ 159,000 $ 42,000
TALLAHASSEE, FL 9 $ 1,455,000 $ 161,000 $ 41,000
YOLO, CA 9 $ 1,251,000 $ 139,000 $ 67,000
FORT PIERCE-PORT ST. LUCIE, FL 8 $ 1,652,000 $ 206,000 $ 49,000
NASHVILLE, TN 8 $ 1,274,000 $ 159,000 $ 0
ROANOKE, VA 8 $ 876,000 $ 109,000 $ 53,000
SALINAS, CA 8 $ 1,463,000 $ 182,000 $ 50,000
SANTA BARBARA-SANTA MARIA-LOMPOC, CA 8 $ 1,357,000 $ 169,000 $ 97,000
CHAMPAIGN-URBANA, IL 7 $ 813,000 $ 116,000 $ 46,000
CHATTANOOGA, TN-GA 7 $ 798,000 $ 114,000 $ 34,000
CHICO-PARADISE, CA 7 $ 850,000 $ 121,000 $ 50,000
NAPLES, FL 7 $ 951,000 $ 135,000 $ 23,000
YUMA, AZ 7 $ 1,035,000 $ 147,000 $ 56,000
BLOOMINGTON-NORMAL, IL 6 $ 848,000 $ 141,000 $ 13,000
FORT COLLINS-LOVELAND, CO 6 $ 935,000 $ 155,000 $ 40,000
GREAT FALLS, MT 6 $ 748,000 $ 124,000 $ 33,000
SAN JOSE, CA 6 $ 1,735,000 $ 289,000 $ 75,000
SANTA ROSA, CA 6 $ 1,766,000 $ 294,000 $ 74,000
YUBA CITY, CA 6 $ 887,000 $ 147,000 $ 43,000
CHARLOTTESVILLE, VA 5 $ 764,000 $ 152,000 $ 42,000
FLAGSTAFF, AZ-UT 5 $ 711,000 $ 142,000 $ 31,000
HUNTSVILLE, AL 5 $ 770,000 $ 154,000 $ 16,000
LEXINGTON, KY 5 $ 705,000 $ 141,000 $ 18,000
MISSOULA, MT 5 $ 677,000 $ 135,000 $ 14,000
OCALA, FL 5 $ 648,000 $ 129,000 $ 40,000
SAN FRANCISCO, CA 5 $ 2,093,000 $ 418,000 $ 82,000
ALBANY, GA 4 $ 362,000 $ 90,000 $ 55,000
BILLINGS, MT 4 $ 500,000 $ 125,000 $ 8,000
GREELEY, CO 4 $ 922,000 $ 230,000 $ 30,000
KANKAKEE, IL 4 $ 398,000 $ 99,000 $ 66,000
PUEBLO, CO 4 $ 640,000 $ 160,000 $ 49,000
PUNTA GORDA, FL 4 $ 578,000 $ 144,000 $ 35,000
SPRINGFIELD, IL 4 $ 448,000 $ 112,000 $ 65,000
TUSCALOOSA, AL 4 $ 547,000 $ 136,000 $ 43,000
BOULDER-LONGMONT, CO 3 $ 514,000 $ 171,000 $ 20,000
BRIDGEPORT, CT 3 $ 466,000 $ 155,000 $ 84,000
DANBURY, CT 3 $ 579,000 $ 193,000 $ 56,000
JOHNSON CITY-KINGSPORT-BRISTOL, TN-VA 3 $ 421,000 $ 140,000 $ 24,000
MEDFORD-ASHLAND, OR 3 $ 315,000 $ 105,000 $ 54,000
NEW ORLEANS, LA 3 $ 431,000 $ 143,000 $ 112,000
SAVANNAH, GA 3 $ 283,000 $ 94,000 $ 53,000
COLUMBUS, GA-AL 2 $ 225,000 $ 112,000 $ 33,000
CUMBERLAND, MD-WV 2 $ 111,000 $ 55,000 $ 32,000
DECATUR, IL 2 $ 99,000 $ 49,000 $ 37,000
DOTHAN, AL 2 $ 117,000 $ 58,000 $ 67,000
GAINESVILLE, FL 2 $ 232,000 $ 116,000 $ 79,000
GRAND JUNCTION, CO 2 $ 283,000 $ 141,000 $ 36,000
HONOLULU, HI 2 $ 206,000 $ 103,000 $ 72,000
KNOXVILLE, TN 2 $ 212,000 $ 106,000 $ 0
MACON, GA 2 $ 279,000 $ 139,000 $ 84,000
NASSAU-SUFFOLK, NY 2 $ 396,000 $ 198,000 $ 45,000
SAN LUIS OBISPO-ATASCADERO-PASO ROBLES, CA 2 $ 458,000 $ 229,000 $ 79,000
SANTA CRUZ-WATSONVILLE, CA 2 $ 574,000 $ 287,000 $ 59,000
SOUTH BEND, IN 2 $ 200,000 $ 100,000 $ 30,000
ALBUQUERQUE, NM 1 $ 114,000 $ 114,000 $ 0
ANCHORAGE, AK 1 $ 177,000 $ 177,000 $ 60,000
ANN ARBOR, MI 1 $ 105,000 $ 105,000 $ 0
ATHENS, GA 1 $ 145,000 $ 145,000 $ 35,000
AUBURN-OPELIKA, AL 1 $ 133,000 $ 133,000 $ 0
BILOXI-GULFPORT-PASCAGOULA, MS 1 $ 72,000 $ 72,000 $ 0
BUFFALO-NIAGARA FALLS, NY 1 $ 139,000 $ 139,000 $ 60,000
CASPER, WY 1 $ 105,000 $ 105,000 $ 0
CHARLOTTE-GASTONIA-ROCK HILL, NC-SC 1 $ 131,000 $ 131,000 $ 0
CLARKSVILLE-HOPKINSVILLE, TN-KY 1 $ 71,000 $ 71,000 $ 72,000
COLUMBUS, OH 1 $ 86,000 $ 86,000 $ 53,000
DANVILLE, VA 1 $ 76,000 $ 76,000 $ 38,000
DETROIT, MI 1 $ 86,000 $ 86,000 $ 75,000
FLORENCE, SC 1 $ 111,000 $ 111,000 $ 110,000
FORT WORTH-ARLINGTON, TX 1 $ 154,000 $ 154,000 $ 0
GARY, IN 1 $ 113,000 $ 113,000 $ 38,000
KILLEEN-TEMPLE, TX 1 $ 64,000 $ 64,000 $ 104,000
LAWTON, OK 1 $ 65,000 $ 65,000 $ 84,000
MIDDLESEX-SOMERSET-HUNTERDON, NJ 1 $ 192,000 $ 192,000 $ 48,000
MYRTLE BEACH, SC 1 $ 149,000 $ 149,000 $ 36,000
NEW LONDON-NORWICH, CT-RI 1 $ 75,000 $ 75,000 $ 47,000
PITTSBURGH, PA 1 $ 57,000 $ 57,000 $ 80,000
PORTLAND, ME 1 $ 2,000 $ 2,000 $ 0
PROVIDENCE-FALL RIVER-WARWICK, RI-MA 1 $ 139,000 $ 139,000 $ 48,000
ROCHESTER, MN 1 $ 140,000 $ 140,000 $ 39,000
SHARON, PA 1 $ 60,000 $ 60,000 $ 75,000
SPRINGFIELD, MO 1 $ 160,000 $ 160,000 $ 124,000
STAMFORD-NORWALK, CT 1 $ 105,000 $ 105,000 $ 355,000
WILLIAMSPORT, PA 1 $ 79,000 $ 79,000 $ 56,000

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 Washington, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Merit Financial, Inc in 2003

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 (home purchase or home improvement, one-to-four family) 4,866 $726,654,000 $131,900 $1,311,000 $47,225 $1,020,000
Home Purchase (one-to-four family) 402 $62,000,000 $140,153 $1,000,000 $43,384 $800,000
Home Improvement (one-to-four family) 60 $9,640,000 $132,357 $440,000 $53,071 $181,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 2,733 $417,144,000 $132,810 $1,311,000 $47,837 $540,000
Information not provided by applicant in mail or telephone application 1,054 $151,426,000 $149,040 $473,000 $40,240 $1,020,000
Not applicable 569 $81,797,000 $136,133 $500,000 $43,133 $300,000
Black 569 $85,249,000 $148,181 $643,000 $44,136 $404,000
Hispanic 235 $34,303,000 $140,550 $351,000 $46,100 $252,000
Asian or Pacific Islander 90 $15,464,000 $147,333 $420,000 $60,066 $174,000
American Indian or Alaskan Native 43 $6,726,000 $161,666 $590,000 $55,333 $265,000
Other 35 $6,185,000 $164,307 $372,000 $57,769 $196,000

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
VA-guaranteed (Veterans Administration) 3,908 $567,173,000 $127,425 $1,000,000 $44,200 $1,020,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,331 $218,287,000 $139,258 $1,311,000 $62,354 $540,000
FHA-insured (Federal Housing Administration) 87 $12,764,000 $125,600 $388,000 $30,200 $166,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $70,000 $35,000 $40,000 $60,000 $77,000

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 4,253 $635,737,000 $124,085 $1,311,000 $41,857 $1,020,000
Application Withdrawn By Applicant 377 $57,016,000 $150,310 $643,000 $58,896 $355,000
Application Denied By Financial Institution 368 $54,363,000 $144,620 $734,000 $47,137 $265,000
Application Approved But Not Accepted 308 $48,466,000 $149,307 $506,000 $61,961 $345,000
File Closed For Incompleteness 22 $2,712,000 $110,384 $263,000 $50,384 $131,000
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 History 133 $18,833,000 $145,391 $379,000 $39,217 $168,000
Other 45 $6,975,000 $167,176 $500,000 $36,941 $144,000
Debt-To-Income Ratio 33 $4,539,000 $140,266 $352,000 $45,666 $103,000
Collateral 11 $1,348,000 $115,125 $221,000 $29,750 $58,000
Employment History 7 $1,269,000 $187,400 $265,000 $44,200 $99,000
Unverifiable Information 4 $723,000 $180,750 $235,000 $56,750 $101,000
Insufficient Cash (Downpayment, Closing Cost) 2 $798,000 $399,000 $588,000 $152,500 $170,000
Mortgage Insurance Denied 1 $41,000 $41,000 $41,000 $0 $0
Credit Application Incomplete 1 $126,000 $126,000 $126,000 $48,000 $48,000

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 WA, 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 Washington, and search similar information at your convenience.

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