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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 MAINE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L MAINE, 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 | 1,001 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $127,345,000 |
| Average Mortgage Loan Amount Applied For | $101,421 |
| Highest Mortgage Loan Amount Applied For | $600,000 |
| Average Applicant Income | $66,789 |
| Highest Applicant Income | $636,000 |
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| Home Improvement |
241 | $16,390,000 |
$68,000 | $425,000 |
$54,000 | $314,000 |
| Home Purchase |
4 | $248,000 |
$62,000 | $144,000 |
$75,000 | $138,000 |
| Refinancing |
756 | $110,707,000 |
$146,000 | $600,000 |
$65,000 | $636,000 |
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| American Indian or Alaskan Native |
18 | $2,129,000 |
$118,000 | $235,000 |
$52,000 | $91,000 |
| Asian |
6 | $620,000 |
$103,000 | $185,000 |
$62,000 | $110,000 |
| Black or African American |
6 | $1,056,000 |
$176,000 | $230,000 |
$81,000 | $115,000 |
| Hispanic |
10 | $1,355,000 |
$135,000 | $258,000 |
$54,000 | $105,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $40,000 |
$40,000 | $40,000 |
$12,000 | $12,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
17 | $1,318,000 |
$77,000 | $285,000 |
$60,000 | $120,000 |
| White |
943 | $120,827,000 |
$128,000 | $600,000 |
$62,000 | $636,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,001 | $127,345,000 |
$127,000 | $600,000 |
$62,000 | $636,000 |
| 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 |
2 | $177,000 |
$88,000 | $114,000 |
$76,000 | $91,000 |
| Application Denied By Financial Institution |
460 | $56,087,000 |
$121,000 | $510,000 |
$56,000 | $512,000 |
| Application Withdrawn By Applicant |
358 | $47,382,000 |
$132,000 | $588,000 |
$68,000 | $636,000 |
| File Closed For Incompleteness |
51 | $7,321,000 |
$143,000 | $600,000 |
$74,000 | $218,000 |
| Loan Originated |
130 | $16,378,000 |
$125,000 | $499,000 |
$61,000 | $249,000 |
| 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 MAINE, INC by:
Metropolitan Area And
County
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