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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 | P.O. BOX 3000
LODI, CA 95241-1902 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 414 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $87,559,000 |
| Average Mortgage Loan Amount Applied For | $202,000 |
| Highest Mortgage Loan Amount Applied For | $7,500,000 |
| Average Applicant Income | $224,545 |
| Highest Applicant Income | $3,215,000 |
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| Home Improvement |
224 | $14,792,000 |
$66,000 | $480,000 |
$78,000 | $370,000 |
| Home Purchase |
20 | $7,202,000 |
$360,000 | $1,050,000 |
$253,000 | $826,000 |
| Refinancing |
170 | $65,565,000 |
$385,000 | $7,500,000 |
$207,000 | $3,215,000 |
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| American Indian or Alaskan Native |
5 | $624,000 |
$124,000 | $323,000 |
$54,000 | $163,000 |
| Asian |
13 | $1,085,000 |
$83,000 | $152,000 |
$76,000 | $192,000 |
| Black or African American |
5 | $553,000 |
$110,000 | $350,000 |
$43,000 | $134,000 |
| Hispanic |
74 | $5,017,000 |
$67,000 | $250,000 |
$70,000 | $267,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $558,000 |
$111,000 | $400,000 |
$88,000 | $251,000 |
| Not applicable |
12 | $24,140,000 |
$2,011,000 | $7,500,000 |
$0 | $0 |
| Not Provided |
4 | $468,000 |
$117,000 | $200,000 |
$59,000 | $74,000 |
| White |
296 | $55,114,000 |
$186,000 | $4,425,000 |
$170,000 | $3,215,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
414 | $87,559,000 |
$211,000 | $7,500,000 |
$139,000 | $3,215,000 |
| 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 |
13 | $1,651,000 |
$127,000 | $252,000 |
$176,000 | $826,000 |
| Application Denied By Financial Institution |
100 | $10,196,000 |
$101,000 | $730,000 |
$58,000 | $267,000 |
| Application Withdrawn By Applicant |
14 | $1,749,000 |
$124,000 | $400,000 |
$67,000 | $316,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
287 | $73,963,000 |
$257,000 | $7,500,000 |
$169,000 | $3,215,000 |
| 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 | $456,000 |
$114,000 | $225,000 |
$107,000 | $199,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
26 | $1,324,000 |
$50,000 | $323,000 |
$42,000 | $267,000 |
| Debt-To-Income Ratio |
51 | $6,238,000 |
$122,000 | $700,000 |
$65,000 | $251,000 |
| Employment History |
2 | $160,000 |
$80,000 | $130,000 |
$80,000 | $102,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
15 | $1,790,000 |
$119,000 | $730,000 |
$43,000 | $151,000 |
| Unverifiable Information |
2 | $228,000 |
$114,000 | $125,000 |
$71,000 | $94,000 |
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Mortgage Loan App Totals for FARMERS & MERCHANTS BANK by:
Metropolitan Area And
County
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