F&M Bank Mortgage Lending & HMDA Data, 2023
In 2023, F&M Bank of Edmond, OK reported 452 mortgage applications totaling $109.1 million, down 34% from 2022. The average application was for $241,349, and applicants reported an average income of $136,442. 75% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Oklahoma City, OK (329), Tulsa, OK (4) and Fort Worth-Arlington, TX (3) (applications in parentheses).
| Mortgage Company & Address | F&M Bank 17100 N May Ave Edmond, OK 73012 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 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 452 |
| Total Mortgage Loan Application Amount | $109,090,000 |
| Average Mortgage Loan Application Amount | $241,349 |
| Highest Mortgage Loan Application Amount | $1,425,000 |
| Average Applicant Income | $136,442 |
| Highest Applicant Income | $1,810,000 |
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Disclosure Act (HMDA) records F&M Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Oklahoma City, OK | 329 | $ 81,145,000 | $ 246,641 | $ 130,000 |
| Outside any metro area | 99 | $ 18,415,000 | $ 186,010 | $ 116,404 |
| Tulsa, OK | 4 | $ 1,460,000 | $ 365,000 | $ 153,000 |
| Fort Worth-Arlington, TX | 3 | $ 815,000 | $ 271,666 | $ 100,000 |
| Amarillo, TX | 2 | $ 740,000 | $ 370,000 | $ 145,000 |
| Dallas-Plano-Irving, TX | 2 | $ 700,000 | $ 350,000 | $ 140,000 |
| Riverside-San Bernardino-Ontario, CA | 2 | $ 1,450,000 | $ 725,000 | $ 1,073,000 |
| Victoria, TX | 2 | $ 450,000 | $ 225,000 | $ 211,000 |
| Austin-Round Rock, TX | 1 | $ 585,000 | $ 585,000 | $ 209,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 435,000 | $ 435,000 | $ 185,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 455,000 | $ 455,000 | $ 141,000 |
| Enid, OK | 1 | $ 305,000 | $ 305,000 | $ 925,000 |
| Las Cruces, NM | 1 | $ 645,000 | $ 645,000 | $ 196,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 245,000 | $ 245,000 | $ 75,000 |
| Longview, TX | 1 | $ 205,000 | $ 205,000 | $ 92,000 |
| Los Angeles-Long Beach-Glendale, CA | 1 | $ 805,000 | $ 805,000 | $ 1,007,000 |
| Wichita, KS | 1 | $ 235,000 | $ 235,000 | $ 188,000 |
Mortgage Loan Application Detail Totals for F&M Bank in 2023
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 331 | $81,375,000 | $245,000 | $1,425,000 | $128,000 | $1,810,000 |
| Refinancing | 65 | $17,415,000 | $267,000 | $1,245,000 | $137,000 | $621,000 |
| Cash-out Refinancing | 33 | $7,305,000 | $221,000 | $805,000 | $225,000 | $1,297,000 |
| Other Purpose | 15 | $2,465,000 | $164,000 | $455,000 | $130,000 | $333,000 |
| Home Improvement | 8 | $530,000 | $66,000 | $105,000 | $128,000 | $183,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 313 | $75,615,000 | $241,000 | $1,245,000 | $142,000 | $1,810,000 |
| Not Provided | 40 | $9,450,000 | $236,000 | $665,000 | $135,000 | $1,297,000 |
| American Indian or Alaskan Native | 31 | $7,995,000 | $257,000 | $625,000 | $125,000 | $408,000 |
| Not applicable | 30 | $5,970,000 | $199,000 | $1,425,000 | $0 | $0 |
| Hispanic | 19 | $5,205,000 | $273,000 | $645,000 | $104,000 | $196,000 |
| Black or African American | 8 | $1,730,000 | $216,000 | $325,000 | $82,000 | $121,000 |
| Asian | 5 | $1,435,000 | $287,000 | $355,000 | $88,000 | $145,000 |
| 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) | 327 | $79,685,000 | $243,000 | $1,425,000 | $155,000 | $1,810,000 |
| FHA-insured (Federal Housing Administration) | 76 | $16,750,000 | $220,000 | $485,000 | $95,000 | $227,000 |
| VA-guaranteed (Veterans Administration) | 35 | $10,635,000 | $303,000 | $555,000 | $108,000 | $322,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 14 | $2,020,000 | $144,000 | $235,000 | $48,000 | $83,000 |
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 | 341 | $85,455,000 | $250,000 | $1,245,000 | $144,000 | $1,810,000 |
| Application Withdrawn By Applicant | 59 | $13,645,000 | $231,000 | $655,000 | $106,000 | $381,000 |
| Application Denied By Financial Institution | 27 | $4,685,000 | $173,000 | $395,000 | $101,000 | $876,000 |
| Application Approved But Not Accepted | 16 | $3,650,000 | $228,000 | $1,425,000 | $94,000 | $253,000 |
| File Closed For Incompleteness | 9 | $1,655,000 | $183,000 | $385,000 | $251,000 | $1,297,000 |
| 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 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 425 | $104,405,000 | $245,000 | $1,425,000 | $139,000 | $1,810,000 |
| Debt-To-Income Ratio | 12 | $2,050,000 | $170,000 | $305,000 | $44,000 | $99,000 |
| Credit History | 7 | $1,045,000 | $149,000 | $395,000 | $206,000 | $876,000 |
| Collateral | 3 | $615,000 | $205,000 | $335,000 | $129,000 | $159,000 |
| Other | 3 | $575,000 | $191,000 | $265,000 | $70,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $400,000 | $200,000 | $265,000 | $73,000 | $94,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into F&M Bank's 2023 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.
For a list of all lenders in Oklahoma, download the full spreadsheet
with aggregated HMDA statistics today.
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