Farmers And Mechanics Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Farmers And Mechanics Bank 2004 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Farmers And Mechanics Bank 110 Thomas Johnson Dr Frederick, MD 21702 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 767 |
| Total Mortgage Loan Application Amount | $115,152,000 |
| Average Mortgage Loan Application Amount | $159,523 |
| Highest Mortgage Loan Application Amount | $5,000,000 |
| Average Applicant Income | $86,333 |
| Highest Applicant Income | $744,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Farmers And Mechanics Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Farmers And Mechanics Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Farmers And Mechanics Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Farmers And Mechanics Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Farmers And Mechanics Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Farmers And Mechanics Bank's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Frederick County Maryland | 286 | $ 38,883,000 | $ 135,000 | $ 60,000 |
| Baltimore County Maryland | 91 | $ 12,532,000 | $ 137,000 | $ 59,000 |
| Washington County Maryland | 77 | $ 11,341,000 | $ 147,000 | $ 42,000 |
| Carroll County Maryland | 49 | $ 9,323,000 | $ 190,000 | $ 83,000 |
| Baltimore City County Maryland | 35 | $ 3,864,000 | $ 110,000 | $ 34,000 |
| Montgomery County Maryland | 33 | $ 6,663,000 | $ 201,000 | $ 63,000 |
| Harford County Maryland | 31 | $ 5,723,000 | $ 184,000 | $ 72,000 |
| Sussex County Delaware | 29 | $ 5,379,000 | $ 185,000 | $ 117,000 |
| Howard County Maryland | 23 | $ 5,404,000 | $ 234,000 | $ 84,000 |
| Cecil County Maryland | 22 | $ 3,298,000 | $ 149,000 | $ 61,000 |
| Adams County Pennsylvania | 13 | $ 1,468,000 | $ 112,000 | $ 54,000 |
| Jefferson County West Virginia | 10 | $ 906,000 | $ 90,000 | $ 75,000 |
| Franklin County Pennsylvania | 8 | $ 823,000 | $ 102,000 | $ 62,000 |
| Anne Arundel County Maryland | 7 | $ 1,465,000 | $ 209,000 | $ 76,000 |
| Berkeley County West Virginia | 7 | $ 1,056,000 | $ 150,000 | $ 59,000 |
| York County Pennsylvania | 5 | $ 490,000 | $ 98,000 | $ 65,000 |
| Allegany County Maryland | 3 | $ 204,000 | $ 68,000 | $ 92,000 |
| Prince George's County Maryland | 3 | $ 695,000 | $ 231,000 | $ 71,000 |
| Kent County Delaware | 2 | $ 373,000 | $ 186,000 | $ 68,000 |
| Palm Beach County Florida | 2 | $ 203,000 | $ 101,000 | $ 106,000 |
| Dorchester County Maryland | 2 | $ 237,000 | $ 118,000 | $ 45,000 |
| Wicomico County Maryland | 2 | $ 86,000 | $ 43,000 | $ 67,000 |
| Worcester County Maryland | 2 | $ 192,000 | $ 96,000 | $ 141,000 |
| Fairfax County Virginia | 2 | $ 321,000 | $ 160,000 | $ 100,000 |
| Loudoun County Virginia | 2 | $ 343,000 | $ 171,000 | $ 97,000 |
| Maricopa County Arizona | 1 | $ 180,000 | $ 180,000 | $ 143,000 |
| District of Columbia County District Of Columbia | 1 | $ 616,000 | $ 616,000 | $ 82,000 |
| Hillsborough County Florida | 1 | $ 304,000 | $ 304,000 | $ 80,000 |
| Calvert County Maryland | 1 | $ 225,000 | $ 225,000 | $ 86,000 |
| Caroline County Maryland | 1 | $ 125,000 | $ 125,000 | $ 46,000 |
| Somerset County Maryland | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Plymouth County Massachusetts | 1 | $ 224,000 | $ 224,000 | $ 127,000 |
| Clark County Nevada | 1 | $ 146,000 | $ 146,000 | $ 52,000 |
| Montgomery County Ohio | 1 | $ 77,000 | $ 77,000 | $ 59,000 |
| Cumberland County Pennsylvania | 1 | $ 134,000 | $ 134,000 | $ 62,000 |
| Fulton County Pennsylvania | 1 | $ 117,000 | $ 117,000 | $ 86,000 |
| Somerset County Pennsylvania | 1 | $ 113,000 | $ 113,000 | $ 220,000 |
| Accomack County Virginia | 1 | $ 124,000 | $ 124,000 | $ 28,000 |
| Franklin County Virginia | 1 | $ 65,000 | $ 65,000 | $ 77,000 |
| Prince William County Virginia | 1 | $ 106,000 | $ 106,000 | $ 62,000 |
| Roanoke County Virginia | 1 | $ 105,000 | $ 105,000 | $ 193,000 |
| Shenandoah County Virginia | 1 | $ 181,000 | $ 181,000 | $ 120,000 |
| Spotsylvania County Virginia | 1 | $ 414,000 | $ 414,000 | $ 89,000 |
| Hampshire County West Virginia | 1 | $ 215,000 | $ 215,000 | $ 200,000 |
| Morgan County West Virginia | 1 | $ 205,000 | $ 205,000 | $ 192,000 |
| Dane County Wisconsin | 1 | $ 129,000 | $ 129,000 | $ 50,000 |
Mortgage Loan Application Detail Totals for Farmers And Mechanics Bank in 2004
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 | 360 | $63,825,000 | $151,888 | $5,000,000 | $75,000 | $471,000 |
| Home Purchase | 315 | $48,665,000 | $215,875 | $1,010,000 | $95,000 | $744,000 |
| Home Improvement | 92 | $2,662,000 | $64,000 | $185,000 | $94,500 | $225,000 |
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 | 635 | $90,334,000 | $157,400 | $880,000 | $88,200 | $505,000 |
| Not Provided | 61 | $10,686,000 | $205,333 | $1,010,000 | $111,166 | $744,000 |
| Black or African American | 36 | $3,876,000 | $147,500 | $334,000 | $55,500 | $158,000 |
| Asian | 14 | $2,216,000 | $158,000 | $307,000 | $48,000 | $192,000 |
| Not applicable | 12 | $6,485,000 | $382,500 | $5,000,000 | $0 | $0 |
| Hispanic | 8 | $1,345,000 | $168,000 | $354,000 | $50,000 | $79,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $210,000 | $210,000 | $210,000 | $65,000 | $65,000 |
| American Indian or Alaskan Native | 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) | 655 | $100,394,000 | $189,500 | $5,000,000 | $87,750 | $744,000 |
| FHA-insured (Federal Housing Administration) | 102 | $13,316,000 | $145,666 | $266,000 | $41,333 | $110,000 |
| VA-guaranteed (Veterans Administration) | 10 | $1,442,000 | $142,000 | $239,000 | $9,500 | $73,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 621 | $93,272,000 | $201,181 | $5,000,000 | $89,909 | $744,000 |
| Application Approved But Not Accepted | 81 | $16,725,000 | $184,200 | $600,000 | $89,400 | $352,000 |
| Application Denied By Financial Institution | 46 | $1,989,000 | $67,400 | $227,000 | $50,400 | $107,000 |
| Application Withdrawn By Applicant | 18 | $2,983,000 | $112,500 | $558,000 | $160,500 | $250,000 |
| Loan Purchased By The Institution | 1 | $183,000 | $183,000 | $183,000 | $63,000 | $63,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 22 | $640,000 | $17,333 | $146,000 | $44,000 | $107,000 |
| Debt-To-Income Ratio | 11 | $408,000 | $37,000 | $170,000 | $41,000 | $73,000 |
| Collateral | 6 | $188,000 | $38,666 | $77,000 | $46,000 | $85,000 |
| Other | 3 | $176,000 | $50,500 | $134,000 | $50,000 | $61,000 |
| Employment History | 3 | $387,000 | $129,000 | $227,000 | $37,000 | $51,000 |
| Credit Application Incomplete | 1 | $190,000 | $190,000 | $190,000 | $65,000 | $65,000 |
| Unverifiable Information | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers And Mechanics Bank's 2004 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 Farmers And Mechanics 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.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.