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FARMERS & MERCHANTS BANK OF WE 222 MARKET STREET, P O BOX 958
KITTANNING, 16201

2008 Mortgage Research Armstrong Pennsylvania US
Total Applications 232 387 389
Average Loan $80.2k $96.6k $97.1k
Loan to Income Ratio 1.25 1.40 1.41
Subprime Loans
Refinancing Loans 41.81% 42.64% 42.67%
Principal Dwellings 92.24% 89.41% 89.20%
Rejected Applications 20.26% 21.71% 21.59%
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