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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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FARMERS AND MERCHANTS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS AND MERCHANTS BANK |
| Address | P.O. BOX 308
TREZEVANT, TN 38258 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 155 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,118,000 |
| Average Mortgage Loan Amount Applied For | $103,500 |
| Highest Mortgage Loan Amount Applied For | $1,250,000 |
| Average Applicant Income | $60,187 |
| Highest Applicant Income | $228,000 |
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| Home Improvement |
29 | $828,000 |
$28,000 | $71,000 |
$45,000 | $147,000 |
| Home Purchase |
73 | $5,117,000 |
$70,000 | $320,000 |
$58,000 | $210,000 |
| Refinancing |
54 | $4,303,000 |
$79,000 | $1,250,000 |
$45,000 | $228,000 |
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| American Indian or Alaskan Native |
1 | $155,000 |
$155,000 | $155,000 |
$54,000 | $54,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
6 | $379,000 |
$63,000 | $166,000 |
$43,000 | $80,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
149 | $9,714,000 |
$65,000 | $1,250,000 |
$51,000 | $228,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
156 | $10,248,000 |
$65,000 | $1,250,000 |
$51,000 | $228,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $408,000 |
$81,000 | $154,000 |
$44,000 | $86,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
151 | $9,840,000 |
$65,000 | $1,250,000 |
$51,000 | $228,000 |
| 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 App Totals for FARMERS AND MERCHANTS BANK by:
Metropolitan Area And
County
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