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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 & MERCHANTS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS & MERCHANTS BANK |
| Address | 110 CARTER STREET
LAKELAND, GA 31635 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 632 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $44,702,000 |
| Average Mortgage Loan Amount Applied For | $57,200 |
| Highest Mortgage Loan Amount Applied For | $3,244,000 |
| Average Applicant Income | $102,750 |
| Highest Applicant Income | $1,000,000 |
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| Home Improvement |
104 | $2,111,000 |
$20,000 | $139,000 |
$38,000 | $220,000 |
| Home Purchase |
139 | $10,503,000 |
$75,000 | $1,216,000 |
$48,000 | $362,000 |
| Refinancing |
391 | $32,175,000 |
$82,000 | $3,244,000 |
$56,000 | $1,000,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $59,000 |
$29,000 | $35,000 |
$38,000 | $46,000 |
| Black or African American |
65 | $1,479,000 |
$22,000 | $116,000 |
$31,000 | $122,000 |
| Hispanic |
1 | $74,000 |
$74,000 | $74,000 |
$36,000 | $36,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
38 | $13,119,000 |
$345,000 | $3,244,000 |
$0 | $0 |
| Not Provided |
2 | $67,000 |
$33,000 | $56,000 |
$20,000 | $25,000 |
| White |
526 | $29,991,000 |
$57,000 | $1,128,000 |
$58,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
634 | $44,789,000 |
$70,000 | $3,244,000 |
$51,000 | $1,000,000 |
| 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 |
16 | $1,079,000 |
$67,000 | $179,000 |
$31,000 | $70,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
618 | $43,710,000 |
$70,000 | $3,244,000 |
$52,000 | $1,000,000 |
| 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 & MERCHANTS BANK by:
Metropolitan Area And
County
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