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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 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 | P O BOX 718
MANCHESTER, GA 31816 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 314 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $30,000,000 |
| Average Mortgage Loan Amount Applied For | $120,187 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $54,375 |
| Highest Applicant Income | $2,782,000 |
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| Home Improvement |
31 | $1,581,000 |
$51,000 | $300,000 |
$34,000 | $132,000 |
| Home Purchase |
80 | $12,796,000 |
$159,000 | $675,000 |
$90,000 | $2,782,000 |
| Refinancing |
203 | $15,623,000 |
$76,000 | $700,000 |
$40,000 | $202,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
73 | $3,386,000 |
$46,000 | $298,000 |
$32,000 | $111,000 |
| Hispanic |
1 | $134,000 |
$134,000 | $134,000 |
$63,000 | $63,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
25 | $4,683,000 |
$187,000 | $700,000 |
$0 | $0 |
| Not Provided |
3 | $616,000 |
$205,000 | $323,000 |
$64,000 | $115,000 |
| White |
212 | $21,181,000 |
$99,000 | $675,000 |
$65,000 | $2,782,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
314 | $30,000,000 |
$95,000 | $700,000 |
$52,000 | $2,782,000 |
| 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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
7 | $1,442,000 |
$206,000 | $675,000 |
$77,000 | $235,000 |
| Application Denied By Financial Institution |
26 | $2,638,000 |
$101,000 | $298,000 |
$36,000 | $132,000 |
| Application Withdrawn By Applicant |
5 | $701,000 |
$140,000 | $197,000 |
$42,000 | $64,000 |
| File Closed For Incompleteness |
2 | $136,000 |
$68,000 | $87,000 |
$31,000 | $34,000 |
| Loan Originated |
274 | $25,083,000 |
$91,000 | $700,000 |
$54,000 | $2,782,000 |
| 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 |
3 | $474,000 |
$158,000 | $294,000 |
$79,000 | $132,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
11 | $1,062,000 |
$96,000 | $298,000 |
$24,000 | $75,000 |
| Debt-To-Income Ratio |
11 | $1,023,000 |
$93,000 | $171,000 |
$37,000 | $63,000 |
| 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 App Totals for F&M BANK AND TRUST COMPANY by:
Metropolitan Area And
County
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