|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
WELLS FARGO FIN'L SO CAROLINA
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
WELLS FARGO FIN'L SO CAROLINA |
| 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 | 3,556 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $408,871,000 |
| Average Mortgage Loan Amount Applied For | $98,795 |
| Highest Mortgage Loan Amount Applied For | $2,600,000 |
| Average Applicant Income | $54,857 |
| Highest Applicant Income | $1,992,000 |
|
|
|
| Home Improvement |
224 | $20,491,000 |
$91,000 | $516,000 |
$57,000 | $305,000 |
| Home Purchase |
12 | $1,221,000 |
$101,000 | $300,000 |
$75,000 | $125,000 |
| Refinancing |
3,320 | $387,159,000 |
$116,000 | $2,600,000 |
$58,000 | $1,992,000 |
|
|
| American Indian or Alaskan Native |
40 | $5,631,000 |
$140,000 | $477,000 |
$54,000 | $121,000 |
| Asian |
22 | $3,639,000 |
$165,000 | $560,000 |
$57,000 | $110,000 |
| Black or African American |
1,295 | $129,421,000 |
$99,000 | $625,000 |
$52,000 | $1,960,000 |
| Hispanic |
63 | $7,627,000 |
$121,000 | $451,000 |
$55,000 | $165,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,317,000 |
$219,000 | $435,000 |
$71,000 | $109,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
214 | $23,858,000 |
$111,000 | $660,000 |
$63,000 | $305,000 |
| White |
1,916 | $237,378,000 |
$123,000 | $2,600,000 |
$62,000 | $1,992,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,556 | $408,871,000 |
$114,000 | $2,600,000 |
$58,000 | $1,992,000 |
| 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 |
|
|
| Application Approved But Not Accepted |
15 | $1,590,000 |
$106,000 | $218,000 |
$59,000 | $128,000 |
| Application Denied By Financial Institution |
1,771 | $197,549,000 |
$111,000 | $2,600,000 |
$54,000 | $1,992,000 |
| Application Withdrawn By Applicant |
733 | $86,497,000 |
$118,000 | $660,000 |
$69,000 | $1,960,000 |
| File Closed For Incompleteness |
105 | $11,766,000 |
$112,000 | $435,000 |
$59,000 | $180,000 |
| Loan Originated |
932 | $111,469,000 |
$119,000 | $625,000 |
$58,000 | $317,000 |
| 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 |
|
|
| 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 |
|
Mortgage Loan App Totals for WELLS FARGO FIN'L SO CAROLINA by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
