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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 WASHINGTON 1
Mortgage Loans and Application Details
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| Mortgage Company Name |
WELLS FARGO FIN'L WASHINGTON 1 |
| Address | 800 WALNUT STREET, CATHY LEAF, F4031-061
DES MOINES, IA 50309 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10,362 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,629,061,000 |
| Average Mortgage Loan Amount Applied For | $109,902 |
| Highest Mortgage Loan Amount Applied For | $1,960,000 |
| Average Applicant Income | $75,631 |
| Highest Applicant Income | $1,320,000 |
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| Home Improvement |
2,554 | $238,466,000 |
$93,000 | $965,000 |
$68,000 | $1,320,000 |
| Home Purchase |
105 | $17,045,000 |
$162,000 | $800,000 |
$96,000 | $540,000 |
| Refinancing |
7,703 | $1,373,550,000 |
$178,000 | $1,960,000 |
$73,000 | $554,000 |
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| American Indian or Alaskan Native |
196 | $25,947,000 |
$132,000 | $930,000 |
$69,000 | $361,000 |
| Asian |
370 | $59,022,000 |
$159,000 | $725,000 |
$78,000 | $511,000 |
| Black or African American |
464 | $76,533,000 |
$164,000 | $900,000 |
$69,000 | $291,000 |
| Hispanic |
666 | $84,092,000 |
$126,000 | $834,000 |
$66,000 | $1,320,000 |
| Native Hawaiin or Other Pacific Islander |
156 | $27,690,000 |
$177,000 | $444,000 |
$74,000 | $274,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
651 | $105,358,000 |
$161,000 | $1,960,000 |
$77,000 | $456,000 |
| White |
7,859 | $1,250,419,000 |
$159,000 | $1,263,000 |
$72,000 | $720,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
10,362 | $1,629,061,000 |
$157,000 | $1,960,000 |
$72,000 | $1,320,000 |
| 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 |
93 | $17,816,000 |
$191,000 | $634,000 |
$77,000 | $264,000 |
| Application Denied By Financial Institution |
3,597 | $501,671,000 |
$139,000 | $1,960,000 |
$65,000 | $652,000 |
| Application Withdrawn By Applicant |
3,787 | $586,731,000 |
$154,000 | $1,017,000 |
$78,000 | $720,000 |
| File Closed For Incompleteness |
478 | $74,744,000 |
$156,000 | $946,000 |
$78,000 | $1,320,000 |
| Loan Originated |
2,407 | $448,099,000 |
$186,000 | $1,263,000 |
$74,000 | $439,000 |
| 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 WASHINGTON 1 by:
Metropolitan Area And
County
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