Mortgage lender · Willards, MD · LEI 5493005U6VKOSGHRA756

The Farmers Bank of Willards review: approval odds, rates and grade (2025)

The Farmers Bank of Willards earns a D, weaker than most small mortgage lenders. It turned down 15.6% of the applications it decided on in 2025, which ranks in the 29th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

199Applications2025
65.3%Originatedof applications
15.6%Decision denial ratenational 22.6%
Median ratenational 6.63%
$34MLoan volume3 states

The Farmers Bank of Willards at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

12.6%Denial rate (all applications)-5.42 pts vs national
15.6%Denial rate (decided applications)-6.96 pts vs national
65.3%Origination rate+7.30 pts vs national
13.6%Withdrawn by applicant
6.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$205,000Median loan amount
Median total loan costs
$110kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

29th15.6% denied

Processwithdrawn + incomplete share, weight 15%

21st19.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202330317812.2%16.0%$39M
20241709414.1%18.8%$23M
202519913012.6%15.6%$34M

What The Farmers Bank of Willards lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 135 68% · 9.6% denied
Refinance 37 19% · 21.6% denied
Home improvement 13 7% · 7.7% denied
Other / HELOC 14 7% · 21.4% denied

By loan type

Conventional 199 100% · 12.6% denied

Also: 0 home-equity lines, 0 reverse mortgages, 37 manufactured homes, 37 investment properties.

Who gets approved at The Farmers Bank of Willards

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k251238.1%
$50k – $100k533412.5%
$100k – $150k321824.0%
$150k – $250k423014.3%
Over $250k21146.3%
Applicant ageApplicationsOriginatedDecision denial rate
25–34231412.5%
35–44362215.4%
45–54422814.3%
55–64503023.3%

Where The Farmers Bank of Willards lends

3 states and 8 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Maryland15910213.2%#186
Delaware382610.5%#139

Frequently asked questions

The Farmers Bank of Willards denied 15.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 29th percentile of small mortgage lenders.

In 2025, 68% of its applications were for home purchases, 19% for refinancing (including cash-out), and 14% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with The Farmers Bank of Willards. Data sources · Methodology