Merchants And Farmers Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Merchants And Farmers Bank 2007 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 | Merchants And Farmers Bank 134 West Washington St Kosciusko, MS 39090 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,048 |
| Total Mortgage Loan Application Amount | $219,767,000 |
| Average Mortgage Loan Application Amount | $91,666 |
| Highest Mortgage Loan Application Amount | $3,750,000 |
| Average Applicant Income | $113,000 |
| Highest Applicant Income | $8,713,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Merchants And Farmers 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 Merchants And Farmers Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Merchants And Farmers 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 Merchants And Farmers Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Merchants And Farmers 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 Merchants And Farmers Bank's mortgage activity for 2007.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Lee County Mississippi | 297 | $ 27,618,000 | $ 92,000 | $ 261,000 |
| Rankin County Mississippi | 160 | $ 18,661,000 | $ 116,000 | $ 135,000 |
| Lafayette County Mississippi | 153 | $ 28,376,000 | $ 185,000 | $ 106,000 |
| Attala County Mississippi | 148 | $ 7,641,000 | $ 51,000 | $ 94,000 |
| Hinds County Mississippi | 146 | $ 14,877,000 | $ 101,000 | $ 145,000 |
| DeSoto County Mississippi | 126 | $ 12,962,000 | $ 102,000 | $ 99,000 |
| Shelby County Alabama | 119 | $ 13,224,000 | $ 111,000 | $ 84,000 |
| Madison County Mississippi | 108 | $ 15,881,000 | $ 147,000 | $ 162,000 |
| Neshoba County Mississippi | 99 | $ 7,029,000 | $ 71,000 | $ 69,000 |
| Oktibbeha County Mississippi | 83 | $ 8,961,000 | $ 107,000 | $ 75,000 |
| Holmes County Mississippi | 75 | $ 2,199,000 | $ 29,000 | $ 49,000 |
| Shelby County Tennessee | 57 | $ 7,326,000 | $ 128,000 | $ 110,000 |
| Grenada County Mississippi | 48 | $ 5,202,000 | $ 108,000 | $ 54,000 |
| Bolivar County Mississippi | 33 | $ 2,773,000 | $ 84,000 | $ 96,000 |
| Choctaw County Mississippi | 32 | $ 1,778,000 | $ 55,000 | $ 49,000 |
| Jefferson County Alabama | 28 | $ 4,818,000 | $ 172,000 | $ 142,000 |
| Calhoun County Mississippi | 26 | $ 1,255,000 | $ 48,000 | $ 51,000 |
| Crockett County Tennessee | 23 | $ 1,016,000 | $ 44,000 | $ 61,000 |
| Pontotoc County Mississippi | 20 | $ 1,355,000 | $ 67,000 | $ 60,000 |
| Yalobusha County Mississippi | 17 | $ 1,301,000 | $ 76,000 | $ 55,000 |
| Itawamba County Mississippi | 16 | $ 845,000 | $ 52,000 | $ 301,000 |
| Simpson County Mississippi | 16 | $ 1,473,000 | $ 92,000 | $ 91,000 |
| Chilton County Alabama | 15 | $ 1,384,000 | $ 92,000 | $ 52,000 |
| Okaloosa County Florida | 15 | $ 3,047,000 | $ 203,000 | $ 70,000 |
| Tishomingo County Mississippi | 12 | $ 757,000 | $ 63,000 | $ 39,000 |
| Newton County Mississippi | 10 | $ 468,000 | $ 46,000 | $ 63,000 |
| Panola County Mississippi | 10 | $ 778,000 | $ 77,000 | $ 101,000 |
| Tate County Mississippi | 10 | $ 1,560,000 | $ 156,000 | $ 139,000 |
| Yazoo County Mississippi | 8 | $ 382,000 | $ 47,000 | $ 65,000 |
| Leake County Mississippi | 7 | $ 545,000 | $ 77,000 | $ 53,000 |
| Montgomery County Mississippi | 7 | $ 365,000 | $ 52,000 | $ 70,000 |
| Winston County Mississippi | 7 | $ 454,000 | $ 64,000 | $ 54,000 |
| Tuscaloosa County Alabama | 6 | $ 4,532,000 | $ 755,000 | $ 187,000 |
| Scott County Mississippi | 6 | $ 661,000 | $ 110,000 | $ 68,000 |
| Union County Mississippi | 6 | $ 582,000 | $ 97,000 | $ 561,000 |
| Baldwin County Alabama | 5 | $ 3,146,000 | $ 629,000 | $ 265,000 |
| Bay County Florida | 5 | $ 1,159,000 | $ 231,000 | $ 373,000 |
| Lauderdale County Mississippi | 5 | $ 678,000 | $ 135,000 | $ 209,000 |
| Monroe County Mississippi | 5 | $ 265,000 | $ 53,000 | $ 56,000 |
| Prentiss County Mississippi | 5 | $ 513,000 | $ 102,000 | $ 105,000 |
| Sunflower County Mississippi | 5 | $ 399,000 | $ 79,000 | $ 88,000 |
| Webster County Mississippi | 4 | $ 182,000 | $ 45,000 | $ 66,000 |
| Adams County Mississippi | 3 | $ 274,000 | $ 91,000 | $ 148,000 |
| Clay County Mississippi | 3 | $ 1,145,000 | $ 381,000 | $ 309,000 |
| Copiah County Mississippi | 3 | $ 230,000 | $ 76,000 | $ 107,000 |
| Kemper County Mississippi | 3 | $ 165,000 | $ 55,000 | $ 71,000 |
| Marshall County Mississippi | 3 | $ 369,000 | $ 123,000 | $ 48,000 |
| Hardin County Tennessee | 3 | $ 375,000 | $ 125,000 | $ 367,000 |
| Madison County Tennessee | 3 | $ 424,000 | $ 141,000 | $ 129,000 |
| Cullman County Alabama | 2 | $ 424,000 | $ 212,000 | $ 87,000 |
| Lee County Alabama | 2 | $ 829,000 | $ 414,000 | $ 0 |
| St. Clair County Alabama | 2 | $ 482,000 | $ 241,000 | $ 117,000 |
| Talladega County Alabama | 2 | $ 389,000 | $ 194,000 | $ 73,000 |
| Walton County Florida | 2 | $ 1,760,000 | $ 880,000 | $ 801,000 |
| Chickasaw County Mississippi | 2 | $ 218,000 | $ 109,000 | $ 111,000 |
| Lowndes County Mississippi | 2 | $ 260,000 | $ 130,000 | $ 49,000 |
| Warren County Mississippi | 2 | $ 445,000 | $ 222,000 | $ 98,000 |
| Washington County Mississippi | 2 | $ 91,000 | $ 45,000 | $ 147,000 |
| Fayette County Tennessee | 2 | $ 265,000 | $ 132,000 | $ 116,000 |
| Haywood County Tennessee | 2 | $ 168,000 | $ 84,000 | $ 71,000 |
| Tipton County Tennessee | 2 | $ 75,000 | $ 37,000 | $ 69,000 |
| Bibb County Alabama | 1 | $ 56,000 | $ 56,000 | $ 22,000 |
| Blount County Alabama | 1 | $ 171,000 | $ 171,000 | $ 77,000 |
| Colbert County Alabama | 1 | $ 125,000 | $ 125,000 | $ 272,000 |
| Lauderdale County Alabama | 1 | $ 173,000 | $ 173,000 | $ 100,000 |
| Madison County Alabama | 1 | $ 61,000 | $ 61,000 | $ 128,000 |
| Tallapoosa County Alabama | 1 | $ 460,000 | $ 460,000 | $ 132,000 |
| Stone County Arkansas | 1 | $ 66,000 | $ 66,000 | $ 142,000 |
| Alcorn County Mississippi | 1 | $ 104,000 | $ 104,000 | $ 500,000 |
| Benton County Mississippi | 1 | $ 46,000 | $ 46,000 | $ 86,000 |
| Carroll County Mississippi | 1 | $ 73,000 | $ 73,000 | $ 30,000 |
| Coahoma County Mississippi | 1 | $ 350,000 | $ 350,000 | $ 214,000 |
| Harrison County Mississippi | 1 | $ 361,000 | $ 361,000 | $ 420,000 |
| Jones County Mississippi | 1 | $ 50,000 | $ 50,000 | $ 17,000 |
| Lincoln County Mississippi | 1 | $ 147,000 | $ 147,000 | $ 53,000 |
| Pike County Mississippi | 1 | $ 77,000 | $ 77,000 | $ 103,000 |
| Tallahatchie County Mississippi | 1 | $ 18,000 | $ 18,000 | $ 220,000 |
| Walthall County Mississippi | 1 | $ 59,000 | $ 59,000 | $ 72,000 |
| Lake County Montana | 1 | $ 348,000 | $ 348,000 | $ 0 |
| Davidson County Tennessee | 1 | $ 116,000 | $ 116,000 | $ 29,000 |
| Obion County Tennessee | 1 | $ 90,000 | $ 90,000 | $ 79,000 |
Mortgage Loan Application Detail Totals for Merchants And Farmers Bank in 2007
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 | 1,007 | $104,936,000 | $104,000 | $1,435,000 | $126,000 | $8,713,000 |
| Home Purchase | 791 | $105,309,000 | $133,000 | $3,750,000 | $154,000 | $4,646,000 |
| Home Improvement | 250 | $9,522,000 | $38,000 | $1,464,000 | $59,000 | $609,000 |
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 | 1,473 | $163,624,000 | $111,000 | $1,900,000 | $95,000 | $3,000,000 |
| Black or African American | 343 | $26,144,000 | $76,000 | $620,000 | $65,000 | $874,000 |
| Not applicable | 157 | $22,775,000 | $145,000 | $3,750,000 | $608,000 | $8,713,000 |
| Not Provided | 44 | $4,396,000 | $99,000 | $460,000 | $69,000 | $480,000 |
| Hispanic | 10 | $707,000 | $70,000 | $212,000 | $79,000 | $300,000 |
| American Indian or Alaskan Native | 9 | $583,000 | $64,000 | $159,000 | $60,000 | $155,000 |
| Asian | 9 | $1,240,000 | $137,000 | $322,000 | $177,000 | $394,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $298,000 | $99,000 | $123,000 | $60,000 | $81,000 |
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) | 2,038 | $218,592,000 | $107,000 | $3,750,000 | $129,000 | $8,713,000 |
| FHA-insured (Federal Housing Administration) | 10 | $1,175,000 | $117,000 | $201,000 | $39,000 | $57,000 |
| 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 | 1,631 | $166,764,000 | $102,000 | $3,750,000 | $143,000 | $8,713,000 |
| Application Denied By Financial Institution | 240 | $24,709,000 | $102,000 | $1,435,000 | $59,000 | $948,000 |
| Application Withdrawn By Applicant | 152 | $24,820,000 | $163,000 | $1,900,000 | $89,000 | $954,000 |
| Application Approved But Not Accepted | 25 | $3,474,000 | $138,000 | $399,000 | $85,000 | $243,000 |
| 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 | 134 | $9,260,000 | $69,000 | $460,000 | $50,000 | $480,000 |
| Debt-To-Income Ratio | 49 | $4,274,000 | $87,000 | $620,000 | $45,000 | $233,000 |
| Collateral | 25 | $4,533,000 | $181,000 | $1,435,000 | $105,000 | $948,000 |
| Credit Application Incomplete | 22 | $4,126,000 | $187,000 | $662,000 | $55,000 | $127,000 |
| Other | 3 | $541,000 | $180,000 | $375,000 | $85,000 | $121,000 |
| Unverifiable Information | 3 | $1,514,000 | $504,000 | $1,000,000 | $310,000 | $831,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $221,000 | $110,000 | $137,000 | $23,000 | $46,000 |
| Mortgage Insurance Denied | 1 | $225,000 | $225,000 | $225,000 | $89,000 | $89,000 |
| Employment History | 1 | $15,000 | $15,000 | $15,000 | $27,000 | $27,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Merchants And Farmers Bank's 2007 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 Merchants And Farmers 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 Mississippi, download the full spreadsheet
with aggregated HMDA statistics today.