First Farmers and Merchants Bank mortgage approval rate & lending review
First Farmers and Merchants Bank decided 495 mortgage applications and funded 379 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Farmers and Merchants Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Farmers and Merchants Bank at a glance
Approval is 8.1 points above the 72.5% 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 | 86% | 70 / 81 | 91% | $255K | 64 |
| Home improvement loans | 77% | 165 / 214 | 96% | $55K | 159 |
| Refinance | 84% | 138 / 164 | 96% | $105K | 132 |
First Farmers and Merchants Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 81% | $105K | 493 | 379 |
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 First Farmers and Merchants Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Maury County, TN | Home improvement loans | 76% | 127 | 94 |
| Maury County, TN | Refinance | 84% | 96 | 78 |
| Maury County, TN | Mortgage lenders | 88% | 51 | 40 |
| Williamson County, TN | Home improvement loans | 76% | 41 | 30 |
| Davidson County, TN | Refinance | 93% | 28 | 25 |
| Williamson County, TN | Refinance | 84% | 32 | 25 |
| Davidson County, TN | Home improvement loans | 83% | 29 | 22 |
The county markets where First Farmers and Merchants Bank made the most loans. Each link opens that market with every lender ranked.
Questions about First Farmers and Merchants Bank
What is First Farmers and Merchants Bank's mortgage approval rate?
First Farmers and Merchants Bank approved 80.6% of the 495 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.1 points above the 72.5% national rate for the same mix of loan types.
How often do borrowers take the loan First Farmers and Merchants Bank offers?
Borrowers accepted 95% of the loans First Farmers and Merchants Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Farmers and Merchants Bank make?
The typical home improvement loan loan First Farmers and Merchants Bank made was $55K; across all loan types its typical loan ran from $55K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Farmers and Merchants Bank lend?
First Farmers and Merchants Bank decided applications in 3 of the states Fat Boy Data covers, most of them in Tennessee, Alabama and Georgia.
Can I apply to First Farmers and Merchants Bank directly?
Yes. First Farmers and Merchants Bank is a bank or credit union with 23 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Farmers and Merchants Bank'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 First Farmers and Merchants Bank treats applications, then get a rate quote from the lender.