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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 | 617 FIRST STREET BOX E
MILFORD, NE 68405 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 220 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $16,278,000 |
| Average Mortgage Loan Amount Applied For | $83,407 |
| Highest Mortgage Loan Amount Applied For | $643,000 |
| Average Applicant Income | $60,777 |
| Highest Applicant Income | $308,000 |
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| Home Improvement |
18 | $332,000 |
$18,000 | $100,000 |
$39,000 | $97,000 |
| Home Purchase |
65 | $4,823,000 |
$74,000 | $230,000 |
$59,000 | $251,000 |
| Refinancing |
138 | $11,314,000 |
$81,000 | $643,000 |
$45,000 | $308,000 |
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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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
17 | $2,843,000 |
$167,000 | $643,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
204 | $13,626,000 |
$66,000 | $295,000 |
$53,000 | $308,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
221 | $16,469,000 |
$74,000 | $643,000 |
$49,000 | $308,000 |
| 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 |
29 | $2,016,000 |
$69,000 | $205,000 |
$42,000 | $97,000 |
| Application Withdrawn By Applicant |
5 | $586,000 |
$117,000 | $230,000 |
$85,000 | $187,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
187 | $13,867,000 |
$74,000 | $643,000 |
$49,000 | $308,000 |
| 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 | $50,000 |
$50,000 | $50,000 |
$80,000 | $80,000 |
| Debt-To-Income Ratio |
3 | $330,000 |
$110,000 | $166,000 |
$38,000 | $56,000 |
| Employment History |
1 | $45,000 |
$45,000 | $45,000 |
$42,000 | $42,000 |
| 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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