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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 MISSISSIPPI
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L MISSISSIPPI |
| 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 | 3,341 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $331,594,000 |
| Average Mortgage Loan Amount Applied For | $87,000 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $56,031 |
| Highest Applicant Income | $792,000 |
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| Home Improvement |
594 | $27,204,000 |
$45,000 | $350,000 |
$50,000 | $768,000 |
| Home Purchase |
4 | $104,000 |
$26,000 | $50,000 |
$69,000 | $90,000 |
| Refinancing |
2,743 | $304,286,000 |
$110,000 | $2,000,000 |
$61,000 | $792,000 |
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| American Indian or Alaskan Native |
29 | $2,714,000 |
$93,000 | $239,000 |
$57,000 | $125,000 |
| Asian |
26 | $4,141,000 |
$159,000 | $521,000 |
$54,000 | $114,000 |
| Black or African American |
1,524 | $131,995,000 |
$86,000 | $2,000,000 |
$51,000 | $759,000 |
| Hispanic |
38 | $3,779,000 |
$99,000 | $451,000 |
$62,000 | $144,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $462,000 |
$92,000 | $212,000 |
$76,000 | $130,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
73 | $5,015,000 |
$68,000 | $315,000 |
$56,000 | $198,000 |
| White |
1,646 | $183,488,000 |
$111,000 | $850,000 |
$66,000 | $792,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,341 | $331,594,000 |
$99,000 | $2,000,000 |
$59,000 | $792,000 |
| 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 |
14 | $1,309,000 |
$93,000 | $259,000 |
$72,000 | $128,000 |
| Application Denied By Financial Institution |
1,421 | $129,723,000 |
$91,000 | $850,000 |
$55,000 | $792,000 |
| Application Withdrawn By Applicant |
866 | $91,093,000 |
$105,000 | $2,000,000 |
$64,000 | $759,000 |
| File Closed For Incompleteness |
233 | $26,194,000 |
$112,000 | $950,000 |
$66,000 | $360,000 |
| Loan Originated |
807 | $83,275,000 |
$103,000 | $583,000 |
$58,000 | $438,000 |
| 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 MISSISSIPPI by:
Metropolitan Area And
County
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