Merchants Bank of Indiana in Missouri vs the state
4.8%Denial rate-10.31 pts vs state
6.7%Decision denial rate-11.96 pts vs state
65.1%Origination rate+2.42 pts vs state
6.25%Median rate-0.38 pts vs state
-0.01Rate spread (pts)-0.36 pts vs state
$145kMedian applicant income
82Loans originated
6Denied
Trend in Missouri
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 42 | 12.7% | 6.93% | #296 |
| 2024 | 92 | 65 | 6.5% | 6.63% | #255 |
| 2025 | 126 | 82 | 4.8% | 6.25% | #242 |
What Merchants Bank of Indiana lends in Missouri
By loan purpose
By loan type
Why it denied Missouri applicants
Where in Missouri
Counties with the most Merchants Bank of Indiana applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Louis County | 85 | 52 | 5 | 5.9% |
| St. Louis city | 16 | 11 | 0 | 0.0% |
| St. Charles County | 11 | 8 | 0 | 0.0% |
| Jefferson County | 5 | 5 | 0 | 0.0% |
| Warren County | 2 | 0 | 1 | 50.0% |
| Lincoln County | 2 | 2 | 0 | 0.0% |
| Greene County | 1 | 1 | 0 | 0.0% |
| Jackson County | 1 | 1 | 0 | 0.0% |
| Camden County | 1 | 1 | 0 | 0.0% |
| Clay County | 1 | 1 | 0 | 0.0% |
Other large lenders in Missouri
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 10,460 | 18.4% | 6.63% |
| Flat Branch Mortgage | A | 8,999 | 0.9% | 6.63% |
| Guild Mortgage | A | 7,388 | 2.5% | 6.63% |
| U.S. Bank | D | 7,190 | 32.8% | 7.63% |
| The Central Trust Bank | C | 7,022 | 9.7% | 6.63% |
| United Shore Financial Services | B | 6,710 | 8.0% | 6.55% |
| Communityamerica Credit Union | B | 5,843 | 16.8% | 6.49% |
| Mortgage Research Center | C | 5,734 | 15.6% | 6.25% |
| Broker Solutions | D | 5,007 | 7.8% | 6.88% |
| Commerce Bank | D | 4,905 | 27.2% | 6.72% |
Frequently asked questions
Missouri: 126 applications in 2025, of which 82 were originated and 6 denied.
4.8% of all applications, or 6.7% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.
The median rate on loans Merchants Bank of Indiana originated in Missouri in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Merchants Bank of Indiana's own HMDA filing for properties located in Missouri, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology