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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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WELLS FARGO FIN'L COLORADO INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L COLORADO INC |
| Address | 800 WALNUT STREET, CATHY LEAF, F4031-061
DES MOINES, IA 50309 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,751 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $834,028,000 |
| Average Mortgage Loan Amount Applied For | $123,000 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $75,913 |
| Highest Applicant Income | $1,257,000 |
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| Home Improvement |
616 | $60,508,000 |
$98,000 | $525,000 |
$71,000 | $845,000 |
| Home Purchase |
51 | $5,295,000 |
$103,000 | $500,000 |
$86,000 | $600,000 |
| Refinancing |
5,084 | $768,225,000 |
$151,000 | $1,000,000 |
$74,000 | $1,257,000 |
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| American Indian or Alaskan Native |
94 | $12,792,000 |
$136,000 | $609,000 |
$70,000 | $312,000 |
| Asian |
93 | $12,667,000 |
$136,000 | $646,000 |
$72,000 | $360,000 |
| Black or African American |
297 | $43,267,000 |
$145,000 | $546,000 |
$66,000 | $252,000 |
| Hispanic |
947 | $120,221,000 |
$126,000 | $710,000 |
$60,000 | $492,000 |
| Native Hawaiin or Other Pacific Islander |
20 | $4,050,000 |
$202,000 | $378,000 |
$73,000 | $186,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
224 | $24,494,000 |
$109,000 | $500,000 |
$77,000 | $1,257,000 |
| White |
4,076 | $616,537,000 |
$151,000 | $1,000,000 |
$77,000 | $990,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,751 | $834,028,000 |
$145,000 | $1,000,000 |
$73,000 | $1,257,000 |
| 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 |
31 | $5,883,000 |
$189,000 | $450,000 |
$71,000 | $142,000 |
| Application Denied By Financial Institution |
2,665 | $366,604,000 |
$137,000 | $972,000 |
$67,000 | $990,000 |
| Application Withdrawn By Applicant |
1,974 | $290,492,000 |
$147,000 | $1,000,000 |
$80,000 | $1,257,000 |
| File Closed For Incompleteness |
148 | $19,210,000 |
$129,000 | $404,000 |
$75,000 | $461,000 |
| Loan Originated |
933 | $151,839,000 |
$162,000 | $664,000 |
$78,000 | $270,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for WELLS FARGO FIN'L COLORADO INC by:
Metropolitan Area And
County
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