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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 GEORGIA, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L GEORGIA, INC |
| Address | 800 WALNUT STREET, CATHY LEAF, F4031-061 DES MOINES, IA 50309 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,709 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $710,411,000 |
| Average Mortgage Loan Amount Applied For | $87,906 |
| Highest Mortgage Loan Amount Applied For | $1,470,000 |
| Average Applicant Income | $68,671 |
| Highest Applicant Income | $1,100,000 |
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| Home Improvement |
2,033 | $94,023,000 |
$46,000 | $720,000 |
$61,000 | $660,000 |
| Home Purchase |
34 | $3,821,000 |
$112,000 | $680,000 |
$77,000 | $232,000 |
| Refinancing |
4,642 | $612,567,000 |
$131,000 | $1,470,000 |
$68,000 | $1,100,000 |
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| American Indian or Alaskan Native |
80 | $8,385,000 |
$104,000 | $418,000 |
$65,000 | $232,000 |
| Asian |
82 | $10,514,000 |
$128,000 | $750,000 |
$83,000 | $600,000 |
| Black or African American |
2,674 | $256,117,000 |
$95,000 | $825,000 |
$59,000 | $660,000 |
| Hispanic |
200 | $18,193,000 |
$90,000 | $640,000 |
$64,000 | $480,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $2,999,000 |
$142,000 | $433,000 |
$64,000 | $138,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
362 | $33,689,000 |
$93,000 | $572,000 |
$71,000 | $713,000 |
| White |
3,290 | $380,514,000 |
$115,000 | $1,470,000 |
$70,000 | $1,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,709 | $710,411,000 |
$105,000 | $1,470,000 |
$66,000 | $1,100,000 |
| 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 |
22 | $3,468,000 |
$157,000 | $395,000 |
$66,000 | $152,000 |
| Application Denied By Financial Institution |
3,592 | $353,388,000 |
$98,000 | $1,000,000 |
$62,000 | $1,100,000 |
| Application Withdrawn By Applicant |
1,822 | $197,804,000 |
$108,000 | $1,470,000 |
$74,000 | $746,000 |
| File Closed For Incompleteness |
199 | $21,819,000 |
$109,000 | $550,000 |
$76,000 | $500,000 |
| Loan Originated |
1,074 | $133,932,000 |
$124,000 | $657,000 |
$64,000 | $328,000 |
| 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 GEORGIA, INC by:
Metropolitan Area And
County
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