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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 NEVADA 2,INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L NEVADA 2,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 | 4,754 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $942,339,000 |
| Average Mortgage Loan Amount Applied For | $132,466 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $75,566 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
579 | $86,586,000 |
$149,000 | $710,000 |
$74,000 | $432,000 |
| Home Purchase |
59 | $6,469,000 |
$109,000 | $600,000 |
$60,000 | $162,000 |
| Refinancing |
4,116 | $849,284,000 |
$206,000 | $2,000,000 |
$74,000 | $1,200,000 |
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| American Indian or Alaskan Native |
69 | $12,985,000 |
$188,000 | $637,000 |
$66,000 | $268,000 |
| Asian |
265 | $60,791,000 |
$229,000 | $772,000 |
$77,000 | $288,000 |
| Black or African American |
330 | $65,674,000 |
$199,000 | $2,000,000 |
$76,000 | $1,200,000 |
| Hispanic |
918 | $164,682,000 |
$179,000 | $720,000 |
$62,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
91 | $19,634,000 |
$215,000 | $575,000 |
$80,000 | $387,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
224 | $37,633,000 |
$168,000 | $800,000 |
$76,000 | $472,000 |
| White |
2,857 | $580,940,000 |
$203,000 | $1,400,000 |
$77,000 | $780,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,754 | $942,339,000 |
$198,000 | $2,000,000 |
$74,000 | $1,200,000 |
| 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 |
13 | $2,432,000 |
$187,000 | $387,000 |
$85,000 | $387,000 |
| Application Denied By Financial Institution |
1,996 | $391,317,000 |
$196,000 | $2,000,000 |
$71,000 | $1,200,000 |
| Application Withdrawn By Applicant |
1,637 | $317,164,000 |
$193,000 | $1,000,000 |
$77,000 | $780,000 |
| File Closed For Incompleteness |
249 | $50,734,000 |
$203,000 | $1,400,000 |
$78,000 | $472,000 |
| Loan Originated |
859 | $180,692,000 |
$210,000 | $727,000 |
$72,000 | $412,000 |
| 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 NEVADA 2,INC by:
Metropolitan Area And
County
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