Farmers And Merchants Bank Of Fowblesburg Maryland Mortgage Rates, Fees & Info

UPPERCO, MD

LEI: 549300MKTQIOL1FBNZ12

Tax ID: 52-0309630

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Farmers And Merchants Bank Of Fowblesburg Maryland is a smaller bank specializing in Home Purchase loans. Farmers And Merchants Bank Of Fowblesburg Maryland has a high proportion of conventional loans. Their top markets by origination volume include: Baltimore, Salisbury, Gettysburg, and York among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Farmers And Merchants Bank Of Fowblesburg Maryland has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

Originations

Origination Dollar Volume (All Markets)

$14,155,000

Top Markets

+−

Hover a geography to see attributes.

>$0

$10mm

$25mm

$100mm

$250mm

$500mm

Leaflet | Map data © OpenStreetMap contributors| Map style: © OpenTopoMap (CC-BY-SA)

Click or Hover to activate map

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market	Originations	Total Value	Average Loan	Average Fees	Average Rate
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	34	$11,380,000	$334,706	$0	0.00%
SALISBURY, MD-DE (FHA\|USDA\|VA)	3	$1,285,000	$428,333	$0	0.00%
GETTYSBURG, PA (FHA\|USDA\|VA)	4	$1,170,000	$292,500	$0	0.00%
YORK-HANOVER, PA (FHA\|USDA\|VA)	2	$320,000	$160,000	$0	0.00%

Farmers And Merchants Bank Of Fowblesburg Maryland's top markets include Baltimore, Salisbury, Gettysburg, and York among others.

Their top states include:

Maryland (FHA|USDA|VA)

Pennsylvania (FHA|USDA|VA)

Delaware (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	43	$14,155,000	$329,186	$0	0.00%

For 2024, Farmers And Merchants Bank Of Fowblesburg Maryland's most frequently originated type of loan was Conventional, with 43 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	40	$12,870,000	$321,750	$0	0.00%
Home Improvement	1	$225,000	$225,000	$0	0.00%
Refi	1	$335,000	$335,000	$0	0.00%
Cash Out Refi	1	$725,000	$725,000	$0	0.00%

For 2024, Farmers And Merchants Bank Of Fowblesburg Maryland's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Home Improvement, with 1 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	43	$14,155,000	$329,186	$0	0.00%

For 2024, Farmers And Merchants Bank Of Fowblesburg Maryland's most frequently cited loan duration was Other, with 43 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	16	$4,770,000	$298,125	$0	0.00%
$100k-200k	15	$2,445,000	$163,000	$0	0.00%
$400k-600k	8	$3,890,000	$486,250	$0	0.00%
$600k-1MM	4	$3,050,000	$762,500	$0	0.00%

2024 saw Farmers And Merchants Bank Of Fowblesburg Maryland place emphasis on $200k-400k loans with 16 originations, totaling $4,770,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	6	$1,990,000	$331,667	$0	0.00%
$250k+	5	$2,805,000	$561,000	$0	0.00%
$150k-250k	4	$850,000	$212,500	$0	0.00%
$50k-75k	3	$685,000	$228,333	$0	0.00%
$75k-100k	2	$660,000	$330,000	$0	0.00%

Farmers And Merchants Bank Of Fowblesburg Maryland lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $250k+, with 5 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	43	$14,155,000	$329,186	$0	0.00%

Farmers And Merchants Bank Of Fowblesburg Maryland lent most frequently to those with DTI ratios of Exempt%, with 43 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Not applicable	23	$7,165,000	$311,522	$0	0.00%
White	19	$6,855,000	$360,789	$0	0.00%
Asian Indian	1	$135,000	$135,000	$0	0.00%

Approval Rates

Total approvals of all applications
92.98%

Farmers And Merchants Bank Of Fowblesburg Maryland has an average approval rate.

Pick Rate

Approvals leading to origination
79.07%

Farmers And Merchants Bank Of Fowblesburg Maryland has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	43	$14,155,000	$329,186

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	43	$14,155,000	$329,186