|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FARMERS & MERCHANTS BANK
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
FARMERS & MERCHANTS BANK |
| Address | 530 S. MAIN
ST. CLAIR, MO 63077 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 360 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $38,135,000 |
| Average Mortgage Loan Amount Applied For | $205,444 |
| Highest Mortgage Loan Amount Applied For | $1,064,000 |
| Average Applicant Income | $87,000 |
| Highest Applicant Income | $660,000 |
|
|
|
| Home Improvement |
35 | $1,629,000 |
$46,000 | $254,000 |
$52,000 | $138,000 |
| Home Purchase |
184 | $19,492,000 |
$105,000 | $774,000 |
$54,000 | $660,000 |
| Refinancing |
141 | $17,014,000 |
$120,000 | $1,064,000 |
$60,000 | $600,000 |
|
|
| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
2 | $24,000 |
$12,000 | $21,000 |
$19,000 | $22,000 |
| Hispanic |
2 | $127,000 |
$63,000 | $100,000 |
$42,000 | $54,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
29 | $5,471,000 |
$188,000 | $1,064,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
327 | $32,513,000 |
$99,000 | $774,000 |
$62,000 | $660,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
360 | $38,135,000 |
$105,000 | $1,064,000 |
$56,000 | $660,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
45 | $4,564,000 |
$101,000 | $333,000 |
$53,000 | $204,000 |
| Application Denied By Financial Institution |
33 | $3,470,000 |
$105,000 | $255,000 |
$46,000 | $101,000 |
| Application Withdrawn By Applicant |
1 | $100,000 |
$100,000 | $100,000 |
$73,000 | $73,000 |
| File Closed For Incompleteness |
15 | $1,613,000 |
$107,000 | $215,000 |
$57,000 | $138,000 |
| Loan Originated |
266 | $28,388,000 |
$106,000 | $1,064,000 |
$58,000 | $660,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for FARMERS & MERCHANTS BANK by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
