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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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THE FARMERS BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE FARMERS BANK |
| Address | P. O. BOX 10, 120 VILLAGE DRIVE
PORTLAND, TN 37148 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 451 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $50,063,000 |
| Average Mortgage Loan Amount Applied For | $88,818 |
| Highest Mortgage Loan Amount Applied For | $2,300,000 |
| Average Applicant Income | $73,090 |
| Highest Applicant Income | $510,000 |
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| Home Improvement |
27 | $1,544,000 |
$57,000 | $200,000 |
$55,000 | $162,000 |
| Home Purchase |
241 | $28,987,000 |
$120,000 | $440,000 |
$77,000 | $510,000 |
| Refinancing |
185 | $19,564,000 |
$105,000 | $2,300,000 |
$54,000 | $371,000 |
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| American Indian or Alaskan Native |
1 | $150,000 |
$150,000 | $150,000 |
$72,000 | $72,000 |
| Asian |
2 | $240,000 |
$120,000 | $178,000 |
$25,000 | $30,000 |
| Black or African American |
19 | $1,260,000 |
$66,000 | $146,000 |
$46,000 | $125,000 |
| Hispanic |
6 | $977,000 |
$162,000 | $357,000 |
$98,000 | $161,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
24 | $6,878,000 |
$286,000 | $2,300,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
401 | $40,590,000 |
$101,000 | $576,000 |
$71,000 | $510,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
418 | $45,931,000 |
$109,000 | $2,300,000 |
$68,000 | $510,000 |
| FHA-insured (Federal Housing Administration) |
15 | $1,872,000 |
$124,000 | $220,000 |
$55,000 | $125,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
18 | $2,035,000 |
$113,000 | $209,000 |
$37,000 | $58,000 |
| VA-guaranteed (Veterans Administration) |
2 | $257,000 |
$128,000 | $140,000 |
$43,000 | $52,000 |
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| Application Approved But Not Accepted |
17 | $2,049,000 |
$120,000 | $400,000 |
$65,000 | $331,000 |
| Application Denied By Financial Institution |
36 | $3,091,000 |
$85,000 | $215,000 |
$40,000 | $154,000 |
| Application Withdrawn By Applicant |
29 | $3,541,000 |
$122,000 | $332,000 |
$44,000 | $201,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
371 | $41,414,000 |
$111,000 | $2,300,000 |
$70,000 | $510,000 |
| 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 |
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 |
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Mortgage Loan App Totals for THE FARMERS BANK by:
Metropolitan Area And
County
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