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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 ILLINOIS INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L ILLINOIS 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 | 14,570 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,413,834,000 |
| Average Mortgage Loan Amount Applied For | $105,265 |
| Highest Mortgage Loan Amount Applied For | $1,450,000 |
| Average Applicant Income | $63,495 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
628 | $70,118,000 |
$111,000 | $800,000 |
$70,000 | $1,225,000 |
| Home Purchase |
34 | $4,322,000 |
$127,000 | $500,000 |
$84,000 | $443,000 |
| Refinancing |
13,908 | $2,339,394,000 |
$168,000 | $1,450,000 |
$74,000 | $1,800,000 |
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| American Indian or Alaskan Native |
100 | $17,064,000 |
$170,000 | $562,000 |
$79,000 | $245,000 |
| Asian |
278 | $61,069,000 |
$219,000 | $1,000,000 |
$94,000 | $1,145,000 |
| Black or African American |
3,056 | $460,771,000 |
$150,000 | $1,450,000 |
$66,000 | $560,000 |
| Hispanic |
1,350 | $255,004,000 |
$188,000 | $730,000 |
$69,000 | $310,000 |
| Native Hawaiin or Other Pacific Islander |
59 | $12,221,000 |
$207,000 | $951,000 |
$84,000 | $240,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
838 | $145,517,000 |
$173,000 | $705,000 |
$77,000 | $645,000 |
| White |
8,889 | $1,462,188,000 |
$164,000 | $1,350,000 |
$77,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
14,570 | $2,413,834,000 |
$165,000 | $1,450,000 |
$74,000 | $1,800,000 |
| 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 |
49 | $9,567,000 |
$195,000 | $605,000 |
$80,000 | $234,000 |
| Application Denied By Financial Institution |
6,458 | $1,063,724,000 |
$164,000 | $1,450,000 |
$70,000 | $560,000 |
| Application Withdrawn By Applicant |
3,455 | $567,912,000 |
$164,000 | $1,050,000 |
$81,000 | $1,800,000 |
| File Closed For Incompleteness |
1,362 | $241,348,000 |
$177,000 | $700,000 |
$76,000 | $480,000 |
| Loan Originated |
3,246 | $531,283,000 |
$163,000 | $769,000 |
$74,000 | $409,000 |
| 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 ILLINOIS INC by:
Metropolitan Area And
County
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