| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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F&M BANK AND TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
F&M BANK AND TRUST COMPANY |
| Address | 142 W MAIN STREET - P O BOX 718
MANCHESTER, GA 31816 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2008 |
| Data Years (click a year for detail) | 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 242 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $24,221,000 |
| Average Mortgage Loan Amount Applied For | $152,333 |
| Highest Mortgage Loan Amount Applied For | $675,000 |
| Average Applicant Income | $71,380 |
| Highest Applicant Income | $541,000 |
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| Home Improvement |
23 | $937,000 |
$40,000 | $230,000 |
$26,000 | $84,000 |
| Home Purchase |
64 | $8,566,000 |
$133,000 | $440,000 |
$62,000 | $159,000 |
| Refinancing |
155 | $14,718,000 |
$94,000 | $675,000 |
$55,000 | $541,000 |
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| American Indian or Alaskan Native |
1 | $270,000 |
$270,000 | $270,000 |
$90,000 | $90,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
63 | $3,317,000 |
$52,000 | $189,000 |
$50,000 | $159,000 |
| Hispanic |
1 | $148,000 |
$148,000 | $148,000 |
$70,000 | $70,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
16 | $2,434,000 |
$152,000 | $364,000 |
$0 | $0 |
| Not Provided |
10 | $1,470,000 |
$147,000 | $252,000 |
$58,000 | $117,000 |
| White |
151 | $16,582,000 |
$109,000 | $675,000 |
$62,000 | $541,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
241 | $24,004,000 |
$99,000 | $675,000 |
$54,000 | $541,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $217,000 |
$217,000 | $217,000 |
$65,000 | $65,000 |
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| Application Approved But Not Accepted |
4 | $555,000 |
$138,000 | $252,000 |
$70,000 | $117,000 |
| Application Denied By Financial Institution |
29 | $4,372,000 |
$150,000 | $405,000 |
$59,000 | $157,000 |
| Application Withdrawn By Applicant |
7 | $656,000 |
$93,000 | $217,000 |
$77,000 | $122,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
202 | $18,638,000 |
$92,000 | $675,000 |
$53,000 | $541,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan Application Totals for F&M BANK AND TRUST COMPANY by:
Metropolitan Area And
County
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