F & M Bank Mortgage Lending & HMDA Data, 2017
In 2017, F & M Bank of Washington, GA reported 195 mortgage applications totaling $18.5 million, up 2% from 2016. The average application was for $94,846, and applicants reported an average income of $85,256. 91% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Augusta-Richmond County, GA-SC (69), Athens-Clarke County, GA (3) and Myrtle Beach-Conway-North Myrtle Beach, SC-NC (1) (applications in parentheses).
| Mortgage Company & Address | F & M Bank 911 East Robert Toombs Ave Washington, GA 30673 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 195 |
| Total Mortgage Loan Application Amount | $18,495,000 |
| Average Mortgage Loan Application Amount | $94,846 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $85,256 |
| Highest Applicant Income | $3,600,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records F & M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wilkes, Georgia | 95 | $ 7,571,000 | $ 79,694 | $ 76,000 |
| Lincoln, Georgia | 38 | $ 3,702,000 | $ 97,421 | $ 157,000 |
| Taliaferro, Georgia | 12 | $ 1,389,000 | $ 115,750 | $ 67,000 |
| Columbia, Georgia | 10 | $ 1,804,000 | $ 180,400 | $ 25,000 |
| McDuffie, Georgia | 8 | $ 532,000 | $ 66,500 | $ 99,000 |
| Richmond, Georgia | 7 | $ 552,000 | $ 78,857 | $ 51,000 |
| Greene, Georgia | 6 | $ 503,000 | $ 83,833 | $ 30,000 |
| Aiken, South Carolina | 3 | $ 407,000 | $ 135,666 | $ 0 |
| Edgefield, South Carolina | 3 | $ 358,000 | $ 119,333 | $ 0 |
| Clarke, Georgia | 2 | $ 366,000 | $ 183,000 | $ 135,000 |
| Elbert, Georgia | 2 | $ 108,000 | $ 54,000 | $ 69,000 |
| Warren, Georgia | 2 | $ 109,000 | $ 54,500 | $ 53,000 |
| Franklin, Georgia | 1 | $ 24,000 | $ 24,000 | $ 23,000 |
| Hart, Georgia | 1 | $ 103,000 | $ 103,000 | $ 48,000 |
| Oconee, Georgia | 1 | $ 650,000 | $ 650,000 | $ 0 |
| Rabun, Georgia | 1 | $ 18,000 | $ 18,000 | $ 183,000 |
| Stephens, Georgia | 1 | $ 53,000 | $ 53,000 | $ 30,000 |
| Greenwood, South Carolina | 1 | $ 36,000 | $ 36,000 | $ 13,000 |
| Horry, South Carolina | 1 | $ 210,000 | $ 210,000 | $ 256,000 |
Mortgage Loan Application Detail Totals for F & M Bank in 2017
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 133 | $12,821,000 | $96,000 | $1,000,000 | $71,000 | $886,000 |
| Home Purchase | 59 | $5,559,000 | $94,000 | $390,000 | $120,000 | $3,600,000 |
| Home Improvement | 3 | $115,000 | $38,000 | $70,000 | $34,000 | $54,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 126 | $11,530,000 | $91,000 | $1,000,000 | $85,000 | $886,000 |
| Black or African American | 30 | $1,974,000 | $65,000 | $900,000 | $43,000 | $264,000 |
| Not applicable | 24 | $2,962,000 | $123,000 | $390,000 | $0 | $0 |
| Not Provided | 7 | $715,000 | $102,000 | $309,000 | $76,000 | $245,000 |
| Hispanic | 6 | $1,084,000 | $180,000 | $720,000 | $650,000 | $3,600,000 |
| Asian | 2 | $230,000 | $115,000 | $174,000 | $86,000 | $102,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 195 | $18,495,000 | $94,000 | $1,000,000 | $85,000 | $3,600,000 |
| 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 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 177 | $16,162,000 | $91,000 | $1,000,000 | $66,000 | $886,000 |
| Application Withdrawn By Applicant | 10 | $1,488,000 | $148,000 | $732,000 | $441,000 | $3,600,000 |
| Application Denied By Financial Institution | 6 | $491,000 | $81,000 | $174,000 | $42,000 | $71,000 |
| Application Approved But Not Accepted | 2 | $354,000 | $177,000 | $254,000 | $90,000 | $120,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 5 | $317,000 | $63,000 | $103,000 | $37,000 | $54,000 |
| Debt-To-Income Ratio | 1 | $174,000 | $174,000 | $174,000 | $71,000 | $71,000 |
| 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 | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into F & M Bank's 2017 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess F & M Bank's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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with aggregated HMDA statistics today.
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