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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 TEXAS, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L TEXAS, 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 | 26,320 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,632,806,000 |
| Average Mortgage Loan Amount Applied For | $62,105 |
| Highest Mortgage Loan Amount Applied For | $8,000,000 |
| Average Applicant Income | $65,804 |
| Highest Applicant Income | $2,220,000 |
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| Home Improvement |
11,259 | $472,937,000 |
$42,000 | $6,000,000 |
$61,000 | $2,220,000 |
| Home Purchase |
457 | $28,291,000 |
$61,000 | $450,000 |
$66,000 | $1,775,000 |
| Refinancing |
14,604 | $1,131,578,000 |
$77,000 | $8,000,000 |
$62,000 | $1,560,000 |
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| American Indian or Alaskan Native |
249 | $14,627,000 |
$58,000 | $380,000 |
$60,000 | $222,000 |
| Asian |
335 | $23,539,000 |
$70,000 | $600,000 |
$84,000 | $720,000 |
| Black or African American |
3,298 | $185,863,000 |
$56,000 | $399,000 |
$56,000 | $639,000 |
| Hispanic |
10,729 | $615,263,000 |
$57,000 | $8,000,000 |
$52,000 | $1,775,000 |
| Native Hawaiin or Other Pacific Islander |
43 | $2,789,000 |
$64,000 | $205,000 |
$95,000 | $286,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,370 | $80,371,000 |
$58,000 | $6,000,000 |
$67,000 | $1,085,000 |
| White |
10,296 | $710,354,000 |
$68,000 | $5,000,000 |
$72,000 | $2,220,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
26,320 | $1,632,806,000 |
$62,000 | $8,000,000 |
$62,000 | $2,220,000 |
| 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 |
120 | $8,210,000 |
$68,000 | $300,000 |
$60,000 | $154,000 |
| Application Denied By Financial Institution |
10,892 | $646,195,000 |
$59,000 | $8,000,000 |
$59,000 | $1,560,000 |
| Application Withdrawn By Applicant |
9,624 | $585,520,000 |
$60,000 | $1,000,000 |
$66,000 | $2,220,000 |
| File Closed For Incompleteness |
1,819 | $113,644,000 |
$62,000 | $750,000 |
$62,000 | $639,000 |
| Loan Originated |
3,865 | $279,237,000 |
$72,000 | $716,000 |
$58,000 | $591,000 |
| 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 TEXAS, INC by:
Metropolitan Area And
County
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