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Farmers and Merchants Trust Company of Chambersburg

Bank|Chambersburg, PA|Multi-Region
Loans Originated
313
Applications
448
Volume
$115 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound
Safe Rate AwardsConventional SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.173%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,198
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
69.9%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Particularly strong in Conventional and Jumbo loans

Report Card

Farmers and Merchants Trust Company of Chambersburg performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
AcceptableNear industry average
Places
Geographic coverage
StrongMulti-Regional · 6 metro areas · 7 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$368,578
Average Borrower Income
$176,093
Average Property Value
$477,364

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Strong
28390.4%+0.175%$1,215
Jumbo Loans
Sound
Strong
N/A
Sound
196.1%+0.544%$895

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Sound
29393.6%+0.150%$1,189
Refinance
Sound
Acceptable
Sound
Sound
206.4%+0.416%$1,296

Geographic Coverage

Metro Areas
5
States Served
7
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ALDEMDNCPAVAWV

Top Metro Areas by Place Specialization Score

1
Chambersburg, PA, PAMSA
Volume: 76Mix: 24.28%
Place Specialization
Exceptional
2
Harrisburg, PAMSA
Volume: 107Mix: 34.19%
Place Specialization
Exceptional
3
Hagerstown, MD-WVMSA
Volume: 25Mix: 7.99%
Place Specialization
Strong
4
Lancaster, PA, PAMSA
Volume: 21Mix: 6.71%
Place Specialization
Sound
5
York, PAMSA
Volume: 21Mix: 6.71%
Place Specialization
Sound

Top States by Place Specialization Score

1
PAState
Volume: 259Mix: 82.75%
Place Specialization
Strong
2
WVState
Volume: 28Mix: 8.95%
Place Specialization
Sound
3
MDState
Volume: 21Mix: 6.71%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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