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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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WACHOVIA BANK OF DELAWARE
Mortgage Loans and Application Details
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| Mortgage Company Name |
WACHOVIA BANK OF DELAWARE |
| Address | 301 S COLLEGE STREET
CHARLOTTE, NC 28202 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,015 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $185,788,000 |
| Average Mortgage Loan Amount Applied For | $140,072 |
| Highest Mortgage Loan Amount Applied For | $1,325,000 |
| Average Applicant Income | $123,163 |
| Highest Applicant Income | $2,521,000 |
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| Home Improvement |
304 | $13,312,000 |
$43,000 | $254,000 |
$86,000 | $550,000 |
| Home Purchase |
63 | $6,422,000 |
$101,000 | $580,000 |
$102,000 | $700,000 |
| Refinancing |
1,648 | $166,054,000 |
$100,000 | $1,325,000 |
$89,000 | $2,521,000 |
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| American Indian or Alaskan Native |
29 | $2,134,000 |
$73,000 | $225,000 |
$74,000 | $170,000 |
| Asian |
35 | $3,991,000 |
$114,000 | $470,000 |
$100,000 | $408,000 |
| Black or African American |
289 | $25,478,000 |
$88,000 | $480,000 |
$74,000 | $279,000 |
| Hispanic |
83 | $8,237,000 |
$99,000 | $419,000 |
$75,000 | $217,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $528,000 |
$132,000 | $200,000 |
$86,000 | $130,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
157 | $13,748,000 |
$87,000 | $1,325,000 |
$100,000 | $760,000 |
| White |
1,418 | $131,672,000 |
$92,000 | $761,000 |
$91,000 | $2,521,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,015 | $185,788,000 |
$92,000 | $1,325,000 |
$89,000 | $2,521,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
490 | $47,883,000 |
$97,000 | $500,000 |
$93,000 | $763,000 |
| Application Denied By Financial Institution |
401 | $40,160,000 |
$100,000 | $575,000 |
$70,000 | $880,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
1 | $50,000 |
$50,000 | $50,000 |
$79,000 | $79,000 |
| Loan Originated |
1,123 | $97,695,000 |
$86,000 | $1,325,000 |
$94,000 | $2,521,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
56 | $5,045,000 |
$90,000 | $333,000 |
$86,000 | $170,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
187 | $15,740,000 |
$84,000 | $457,000 |
$70,000 | $880,000 |
| Debt-To-Income Ratio |
152 | $18,453,000 |
$121,000 | $575,000 |
$62,000 | $240,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $922,000 |
$153,000 | $500,000 |
$95,000 | $245,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WACHOVIA BANK OF DELAWARE by:
Metropolitan Area And
County
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