# The Farmers Bank

> **Canonical URL:** https://saferate.com/lenders/the-farmers-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


The Farmers Bank is a bank, headquartered in Portland, TN, serving borrowers across 3 states, with 125 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 17% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300C4CKL0HRXJ3085
- **Headquarters:** Portland, TN
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AL, KY, TN
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 83/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.078%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,188
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 125
- **Dollar Volume:** $47 million
- **Applications Received:** 180
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $375,000
- **Average Borrower Income:** $128,760
- **Average Property Value:** $608,840

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 36/100 | 106 | -0.096% | $1,188 | Acceptable 🙂 |
| FHA | 50/100 | 11 | +0.135% | $1,139 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 76 loans, Score: 34/100 (Acceptable)
- Refinance: 30 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 36/100 | 90 | $37M | -0.113% | Acceptable 🙂 |
| Refinance | 43/100 | 35 | $10M | +0.059% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 116 | 0.13% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Nashville | TN | 113 | 77/100 |

## Where This Lender Ranks

The Farmers Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#14** in Nashville Banks
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks)
- 🏆 **#17** in Nashville for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does The Farmers Bank offer?

The Farmers Bank offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does The Farmers Bank offer mortgages?

The Farmers Bank offers mortgages in 3 states: AL, KY, TN.

### How competitive are The Farmers Bank's mortgage rates?

The Farmers Bank has a pricing score of 83/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.078% below market average.

### What type of lender is The Farmers Bank?

The Farmers Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Portland, TN.

### What is The Farmers Bank's loan approval success rate?

The Farmers Bank has a pull-through score of 55/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/the-farmers-bank

### How to Cite

> "The Farmers Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-farmers-bank

---

**[View Interactive Profile →](https://saferate.com/lenders/the-farmers-bank)**