F&m Bank Mortgage Rates, Fees & Info
Washington, GALEI: 549300XP5418ENGZVD49
Tax ID: 58-0553953
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
F&m Bank is a smaller bank specializing in Refi and Home Purchase loans. F&m Bank has a high proportion of conventional loans. Their top markets by origination volume include: Augusta, Athens, and Milledgeville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)F&m Bank 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.
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Originations
110Origination Dollar Volume (All Markets)
$17,520,000Top Markets
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 |
|---|---|---|---|---|---|
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 54 | $11,970,000 | $221,667 | $0 | 0.00% |
| Outside of Metro Areas | 50 | $4,500,000 | $90,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $0 | 0.00% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 110 | $17,520,000 | $159,273 | $0 | 0.00% |
For 2022, F&m Bank's most frequently originated type of loan was Conventional, with 110 originations.
Loan Reason
For 2022, F&m Bank's most frequently cited loan purpose was Refi, with 49 originations. The 2nd most popular reason was Home Purchase, with 44 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 110 | $17,520,000 | $159,273 | $0 | 0.00% |
For 2022, F&m Bank's most frequently cited loan duration was Other, with 110 originations.
Loan Sizing
2022 saw F&m Bank place emphasis on $100,000 or less loans with 58 originations, totaling $3,090,000 in origination value.
Applicant Income
F&m Bank lent most frequently to those with incomes in the $75k-100k range, with 22 originations. The second most popular income band? $100k-150k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 110 | $17,520,000 | $159,273 | $0 | 0.00% |
F&m Bank lent most frequently to those with DTI ratios of Exempt%, with 110 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.48%
F&m Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.18%
F&m Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 110 | $17,520,000 | $159,273 |