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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 Reserve System (FRS) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 565 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $80,685,000 |
| Average Mortgage Loan Amount Applied For | $395,375 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $309,750 |
| Highest Applicant Income | $5,017,000 |
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| Home Improvement |
162 | $13,046,000 |
$80,000 | $350,000 |
$38,000 | $194,000 |
| Home Purchase |
40 | $10,026,000 |
$250,000 | $703,000 |
$209,000 | $1,713,000 |
| Refinancing |
363 | $57,613,000 |
$158,000 | $2,400,000 |
$91,000 | $5,017,000 |
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| American Indian or Alaskan Native |
5 | $676,000 |
$135,000 | $200,000 |
$46,000 | $78,000 |
| Asian |
54 | $7,872,000 |
$145,000 | $500,000 |
$38,000 | $155,000 |
| Black or African American |
4 | $735,000 |
$183,000 | $297,000 |
$70,000 | $140,000 |
| Hispanic |
101 | $9,895,000 |
$97,000 | $703,000 |
$62,000 | $1,466,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $632,000 |
$126,000 | $250,000 |
$21,000 | $72,000 |
| Not applicable |
11 | $3,343,000 |
$303,000 | $744,000 |
$30,000 | $207,000 |
| Not Provided |
1 | $165,000 |
$165,000 | $165,000 |
$0 | $0 |
| White |
384 | $57,367,000 |
$149,000 | $2,400,000 |
$141,000 | $5,017,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
565 | $80,685,000 |
$142,000 | $2,400,000 |
$90,000 | $5,017,000 |
| 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 |
24 | $3,180,000 |
$132,000 | $400,000 |
$38,000 | $907,000 |
| Application Denied By Financial Institution |
112 | $14,362,000 |
$128,000 | $2,400,000 |
$86,000 | $2,427,000 |
| Application Withdrawn By Applicant |
13 | $2,146,000 |
$165,000 | $334,000 |
$80,000 | $472,000 |
| File Closed For Incompleteness |
5 | $1,076,000 |
$215,000 | $350,000 |
$130,000 | $270,000 |
| Loan Originated |
411 | $59,921,000 |
$145,000 | $1,875,000 |
$107,000 | $5,017,000 |
| 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 |
11 | $3,451,000 |
$313,000 | $2,400,000 |
$282,000 | $2,427,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
27 | $1,622,000 |
$60,000 | $240,000 |
$34,000 | $182,000 |
| Debt-To-Income Ratio |
64 | $8,131,000 |
$127,000 | $340,000 |
$47,000 | $118,000 |
| 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 |
10 | $1,158,000 |
$115,000 | $330,000 |
$67,000 | $160,000 |
| 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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