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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
Mortgage Loans and Application Details
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| Mortgage Company Name |
F&M BANK |
| Address | 50 FRANKLIN STREET
CLARKSVILLE, TN 37040 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 651 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $79,835,000 |
| Average Mortgage Loan Amount Applied For | $148,892 |
| Highest Mortgage Loan Amount Applied For | $907,000 |
| Average Applicant Income | $157,035 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
14 | $1,161,000 |
$82,000 | $361,000 |
$63,000 | $130,000 |
| Home Purchase |
443 | $57,861,000 |
$130,000 | $907,000 |
$105,000 | $9,999,000 |
| Refinancing |
196 | $20,851,000 |
$106,000 | $485,000 |
$88,000 | $2,476,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
4 | $611,000 |
$152,000 | $360,000 |
$109,000 | $260,000 |
| Black or African American |
26 | $2,899,000 |
$111,000 | $220,000 |
$49,000 | $121,000 |
| Hispanic |
15 | $2,171,000 |
$144,000 | $361,000 |
$52,000 | $130,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $133,000 |
$133,000 | $133,000 |
$46,000 | $46,000 |
| Not applicable |
11 | $3,087,000 |
$280,000 | $907,000 |
$4,000 | $54,000 |
| Not Provided |
1 | $9,000 |
$9,000 | $9,000 |
$27,000 | $27,000 |
| White |
595 | $70,963,000 |
$119,000 | $745,000 |
$105,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
543 | $65,795,000 |
$121,000 | $907,000 |
$109,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
42 | $4,677,000 |
$111,000 | $212,000 |
$48,000 | $271,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
68 | $9,401,000 |
$138,000 | $285,000 |
$50,000 | $118,000 |
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| Application Approved But Not Accepted |
26 | $3,617,000 |
$139,000 | $413,000 |
$100,000 | $822,000 |
| Application Denied By Financial Institution |
40 | $3,253,000 |
$81,000 | $212,000 |
$44,000 | $144,000 |
| Application Withdrawn By Applicant |
27 | $2,496,000 |
$92,000 | $275,000 |
$47,000 | $124,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
560 | $70,507,000 |
$125,000 | $907,000 |
$106,000 | $9,999,000 |
| 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 |
4 | $556,000 |
$139,000 | $212,000 |
$62,000 | $85,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
22 | $1,520,000 |
$69,000 | $160,000 |
$38,000 | $64,000 |
| Debt-To-Income Ratio |
5 | $394,000 |
$78,000 | $136,000 |
$48,000 | $126,000 |
| Employment History |
3 | $384,000 |
$128,000 | $206,000 |
$61,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $284,000 |
$142,000 | $145,000 |
$78,000 | $96,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for F&M BANK by:
Metropolitan Area And
County
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