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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 & TRUST
Mortgage Loans and Application Details
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| Mortgage Company Name |
FARMERS-MERCHANTS BANK & TRUST |
| Address | 100 SO. MAIN ST.
BREAUX BRIDGE, LA 70517 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 641 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,577,000 |
| Average Mortgage Loan Amount Applied For | $79,777 |
| Highest Mortgage Loan Amount Applied For | $2,138,000 |
| Average Applicant Income | $36,444 |
| Highest Applicant Income | $288,000 |
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| Home Improvement |
174 | $2,001,000 |
$11,000 | $225,000 |
$34,000 | $258,000 |
| Home Purchase |
123 | $6,723,000 |
$54,000 | $1,190,000 |
$39,000 | $187,000 |
| Refinancing |
344 | $17,853,000 |
$51,000 | $2,138,000 |
$41,000 | $288,000 |
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| American Indian or Alaskan Native |
4 | $108,000 |
$27,000 | $49,000 |
$25,000 | $52,000 |
| Asian |
2 | $85,000 |
$42,000 | $66,000 |
$58,000 | $62,000 |
| Black or African American |
292 | $7,044,000 |
$24,000 | $325,000 |
$37,000 | $258,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
26 | $6,458,000 |
$248,000 | $2,138,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
317 | $12,882,000 |
$40,000 | $873,000 |
$43,000 | $288,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
641 | $26,577,000 |
$41,000 | $2,138,000 |
$38,000 | $288,000 |
| 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 |
16 | $510,000 |
$31,000 | $131,000 |
$54,000 | $144,000 |
| Application Denied By Financial Institution |
48 | $1,434,000 |
$29,000 | $175,000 |
$31,000 | $96,000 |
| Application Withdrawn By Applicant |
19 | $677,000 |
$35,000 | $194,000 |
$35,000 | $149,000 |
| File Closed For Incompleteness |
1 | $36,000 |
$36,000 | $36,000 |
$25,000 | $25,000 |
| Loan Originated |
557 | $23,920,000 |
$42,000 | $2,138,000 |
$39,000 | $288,000 |
| 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 | $329,000 |
$29,000 | $67,000 |
$22,000 | $42,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
28 | $667,000 |
$23,000 | $98,000 |
$33,000 | $93,000 |
| Debt-To-Income Ratio |
5 | $345,000 |
$69,000 | $175,000 |
$47,000 | $96,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $93,000 |
$23,000 | $43,000 |
$24,000 | $32,000 |
| 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 & TRUST by:
Metropolitan Area And
County
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