Farmers and Merchants Trust Company of Chambersburg mortgage approval rate & lending review
Farmers and Merchants Trust Company of Chambersburg decided 1,780 mortgage applications and funded 1,496 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Farmers and Merchants Trust Company of Chambersburg reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Farmers and Merchants Trust Company of Chambersburg at a glance
Approval is 7.0 points above the 79.2% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 92% | 751 / 815 | 99% | $265K | 740 |
| Home improvement loans | 73% | 256 / 353 | 96% | $65K | 246 |
| Cash-out refinance | 69% | 20 / 29 | 100% | $185K | 20 |
| Refinance | 83% | 304 / 367 | 97% | $105K | 295 |
| Investment property purchase | 96% | 140 / 146 | 96% | $165K | 134 |
| Investment refinance | 94% | 32 / 34 | 97% | $175K | 31 |
| Investment home improvement | 90% | 27 / 30 | 93% | $65K | 25 |
Farmers and Merchants Trust Company of Chambersburg lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 86% | $165K | 1,589 | 1,332 |
| Maryland | 83% | $575K | 109 | 88 |
| West Virginia | 93% | $395K | 73 | 68 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Farmers and Merchants Trust Company of Chambersburg lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Franklin County, PA | Mortgage lenders | 92% | 297 | 268 |
| Franklin County, PA | Refinance | 86% | 267 | 224 |
| Franklin County, PA | Home improvement loans | 72% | 248 | 172 |
| Cumberland County, PA | Mortgage lenders | 92% | 188 | 170 |
| Dauphin County, PA | Mortgage lenders | 97% | 59 | 57 |
| Franklin County, PA | Investment property purchase | 98% | 53 | 49 |
| Lancaster County, PA | Mortgage lenders | 98% | 49 | 47 |
| Cumberland County, PA | Home improvement loans | 72% | 65 | 45 |
| Berkeley County, WV | Mortgage lenders | 93% | 46 | 43 |
| Cumberland County, PA | Refinance | 67% | 54 | 35 |
| Cumberland County, PA | Investment property purchase | 94% | 35 | 31 |
| Dauphin County, PA | Investment property purchase | 91% | 23 | 21 |
The county markets where Farmers and Merchants Trust Company of Chambersburg made the most loans. Each link opens that market with every lender ranked.
Questions about Farmers and Merchants Trust Company of Chambersburg
What is Farmers and Merchants Trust Company of Chambersburg's mortgage approval rate?
Farmers and Merchants Trust Company of Chambersburg approved 86.2% of the 1,780 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.0 points above the 79.2% national rate for the same mix of loan types.
How often do borrowers take the loan Farmers and Merchants Trust Company of Chambersburg offers?
Borrowers accepted 97% of the loans Farmers and Merchants Trust Company of Chambersburg approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Farmers and Merchants Trust Company of Chambersburg make?
The typical home purchase mortgage loan Farmers and Merchants Trust Company of Chambersburg made was $265K; across all loan types its typical loan ran from $65K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Farmers and Merchants Trust Company of Chambersburg lend?
Farmers and Merchants Trust Company of Chambersburg decided applications in 8 of the states Fat Boy Data covers, most of them in Pennsylvania, Maryland and West Virginia.
Can I apply to Farmers and Merchants Trust Company of Chambersburg directly?
Yes. Farmers and Merchants Trust Company of Chambersburg is a bank or credit union with 25 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Farmers and Merchants Trust Company of Chambersburg's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Farmers and Merchants Trust Company of Chambersburg treats applications, then get a rate quote from the lender.