| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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FARMERS & MERCHANTS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS & MERCHANTS BANK |
| Address | 41 S. FIRST ST.
MIAMISBURG, OH 45342 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Loan Applications Processed | 90 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,751,000 |
| Average Mortgage Loan Amount Applied For | $172,000 |
| Highest Mortgage Loan Amount Applied For | $694,000 |
| Average Applicant Income | $116,600 |
| Highest Applicant Income | $404,000 |
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| Home Improvement |
2 | $31,000 |
$15,000 | $25,000 |
$62,000 | $81,000 |
| Home Purchase |
43 | $6,047,000 |
$140,000 | $694,000 |
$121,000 | $404,000 |
| Refinancing |
45 | $5,673,000 |
$126,000 | $568,000 |
$108,000 | $302,000 |
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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 |
1 | $6,000 |
$6,000 | $6,000 |
$44,000 | $44,000 |
| Hispanic |
4 | $492,000 |
$123,000 | $180,000 |
$95,000 | $127,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
7 | $2,006,000 |
$286,000 | $694,000 |
$182,000 | $404,000 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
78 | $9,247,000 |
$118,000 | $568,000 |
$109,000 | $312,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
89 | $11,491,000 |
$129,000 | $694,000 |
$114,000 | $404,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $260,000 |
$260,000 | $260,000 |
$68,000 | $68,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
4 | $375,000 |
$93,000 | $160,000 |
$60,000 | $91,000 |
| Application Withdrawn By Applicant |
8 | $1,180,000 |
$147,000 | $360,000 |
$112,000 | $198,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
78 | $10,196,000 |
$130,000 | $694,000 |
$116,000 | $404,000 |
| 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 |
1 | $35,000 |
$35,000 | $35,000 |
$18,000 | $18,000 |
| Debt-To-Income Ratio |
2 | $280,000 |
$140,000 | $160,000 |
$77,000 | $91,000 |
| 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 Application Totals for FARMERS & MERCHANTS BANK by:
Metropolitan Area And
County
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