Farmers & Merchants Bank Of Central California Mortgage Rates, Fees & Info
Lodi, CALEI: OZ7MS5KHJY6WIPGXQW23
Tax ID: 94-0467440
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Mortgage Data
Review & Overview
Farmers & Merchants Bank Of Central California is a smaller bank specializing in Refi and Home Purchase loans. Farmers & Merchants Bank Of Central California has a high proportion of conventional loans. Their top markets by origination volume include: Sacramento, Modesto, San Jose, Stockton, and Vallejo among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Farmers & Merchants Bank Of Central California has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
213Origination Dollar Volume (All Markets)
$161,195,000Top 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 |
|---|---|---|---|---|---|
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 19 | $32,885,000 | $1,730,789 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 95 | $30,905,000 | $325,316 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $28,875,000 | $28,875,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 61 | $24,005,000 | $393,525 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 5 | $22,655,000 | $4,531,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $6,930,000 | $1,155,000 | $0 | 0.00% |
| MERCED, CA (FHA|USDA|VA) | 18 | $5,830,000 | $323,889 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $2,605,000 | $2,605,000 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $2,175,000 | $2,175,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $1,625,000 | $1,625,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $1,205,000 | $401,667 | $0 | 0.00% |
| NAPA, CA (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $0 | 0.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 213 | $161,195,000 | $756,784 | $0 | 0.00% |
For 2022, Farmers & Merchants Bank Of Central California's most frequently originated type of loan was Conventional, with 213 originations.
Loan Reason
For 2022, Farmers & Merchants Bank Of Central California's most frequently cited loan purpose was Refi, with 106 originations. The 2nd most popular reason was Home Purchase, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 213 | $161,195,000 | $756,784 | $0 | 0.00% |
For 2022, Farmers & Merchants Bank Of Central California's most frequently cited loan duration was Other, with 213 originations.
Loan Sizing
2022 saw Farmers & Merchants Bank Of Central California place emphasis on $200k-400k loans with 68 originations, totaling $19,140,000 in origination value.
Applicant Income
Farmers & Merchants Bank Of Central California lent most frequently to those with incomes in the $250k+ range, with 46 originations. The second most popular income band? $100k-150k, with 45 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 213 | $161,195,000 | $756,784 | $0 | 0.00% |
Farmers & Merchants Bank Of Central California lent most frequently to those with DTI ratios of Exempt%, with 213 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications73.23%
Farmers & Merchants Bank Of Central California has a below average approval rate.
Pick Rate
Approvals leading to origination93.43%
Farmers & Merchants Bank Of Central California has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 213 | $161,195,000 | $756,784 |