In 2013, lenders reported 176 mortgage applications in Bethel, AK totaling $32.4 million, down 9% from 2012. The average application was for $184,000, and applicants reported an average income of $84,000. 51% of applications resulted in an originated loan and 19% were denied. The most active lender was Alaska USA Mortgage Co., LLC, with 55 applications, followed by Wells Fargo Bank NA and First National Bank Alaska.
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| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 176 |
| Total Mortgage Loan Application Amount | $32,424,000 |
| Average Mortgage Loan Application Amount | $184,000 |
| Highest Mortgage Loan Application Amount | $440,000 |
| Average Applicant Income | $84,000 |
| Highest Applicant Income | $780,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Alaska USA Mortgage Co., LLC PO BOX 196850 ANCHORAGE, AK 99519 |
* | $ 1,485,079,000 | 55 | $ 11,635,000 |
| Wells Fargo Bank NA MINNEAPOLIS, MN 55415 |
* | $ 1,266,125,000,000 | 43 | $ 6,511,000 |
| First National Bank Alaska 101 W 36TH AVE, STE 305 ANCHORAGE, AK 99501 |
* | $ 3,015,844,000 | 17 | $ 3,064,000 |
| Residential Mortgage, LLC 100 CALAIS DRIVE, SUITE 100 ANCHORAGE, AK 99503 |
* | $ 106,268,000 | 8 | $ 1,806,000 |
| Global Federal Credit Union PO BOX 196850 ANCHORAGE, AK 99503 |
* | $ 5,166,732,000 | 5 | $ 104,000 |
| Citibank, NA NEW YORK, NY 10012 |
* | $ 1,313,401,000,000 | 4 | $ 573,000 |
| US Bank, N.A. 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 345,088,616,000 | 3 | $ 815,000 |
| Discover Home Loans, Inc. 173 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 73,491,315,000 | 3 | $ 586,000 |
| CMG Mortgage Inc 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, IL 94583 |
* | $ 100,000,000 | 2 | $ 381,000 |
| Freedom Mortgage Corporation 951 YAMATO ROAD SUITE 175 BOCA RATON, FL 33431 |
* | $ 10,000,000 | 2 | $ 351,000 |
| loanDepot.com LLC 6561 IRVINE CENTER DRIVE IRVINE, CA 92618 |
* | $ 138,031,000 | 2 | $ 384,000 |
| USAA Federal Savings Bank 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 58,597,476,000 | 2 | $ 515,000 |
| Primelending 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 6,680,971,000 | 2 | $ 308,000 |
| Northrim Bank 3111 C STREET ANCHORAGE, AK 99503 |
* | $ 1,152,672,000 | 2 | $ 413,000 |
| Proficio Bank 6985 UNION PARK CENTER, SUITE 150 COTTONWOOD HEIGHTS, UT 84047 |
* | $ 209,365,000 | 1 | $ 211,000 |
| First National Bank of Layton 1601 N. HILLFIELD ROAD LAYTON, UT 84041 |
* | $ 268,686,000 | 1 | $ 249,000 |
| Denali Federal Credit Union 471 WS. 36TH AVENUE SUITE 110 ANCHORAGE, AK 99503 |
* | $ 510,392,000 | 1 | $ 90,000 |
| Guild Mortgage Company 5898 COPLEY DRIVE SAN DIEGO, CA 92111 |
* | $ 31,000,000 | 1 | $ 109,000 |
| Navy Federal Credit Union 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 52,436,123,000 | 1 | $ 313,000 |
| Bank of America NA 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,474,077,383,000 | 1 | $ 144,000 |
| PHH Mortgage Corporation WEST PALM BEACH, FL 33409 |
* | $ 31,000,000 | 1 | $ 88,000 |
| Edward Jones Mortgage, LLC 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,783,443,000 | 1 | $ 200,000 |
| Military Family Home Loans, Ll 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 1,102,281,049,000 | 1 | $ 150,000 |
| Mortgage Research Center 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 1 | $ 116,000 |
| Sun West Mortgage Company, Inc 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 1 | $ 286,000 |
| New Day Financial, Llc. 360 SOUTH ROSEMARY AVENUE SUITE 1900 WEST PALM BEACH, FL 33401 |
* | $ 4,088,336,000 | 1 | $ 227,000 |
| PennyMac Loan Services LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 1 | $ 116,000 |
| United Security Financial Corp 930 EAST 6600 SOUTH MURRAY, UT 84121 |
* | $ 10,000,000 | 1 | $ 117,000 |
The tables below break down 2013 mortgage applications in Bethel, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 91 | $16,886,000 | $185,000 | $414,000 | $81,000 | $780,000 |
| Home Purchase | 65 | $14,653,000 | $225,000 | $440,000 | $92,000 | $288,000 |
| Home Improvement | 20 | $885,000 | $44,000 | $276,000 | $67,000 | $250,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 64 | $12,596,000 | $196,000 | $413,000 | $115,000 | $780,000 |
| Not Provided | 49 | $10,164,000 | $207,000 | $440,000 | $74,000 | $288,000 |
| American Indian or Alaskan Native | 47 | $6,736,000 | $143,000 | $304,000 | $63,000 | $159,000 |
| Not applicable | 8 | $1,624,000 | $203,000 | $414,000 | $0 | $0 |
| Black or African American | 5 | $1,075,000 | $215,000 | $286,000 | $81,000 | $153,000 |
| Asian | 2 | $204,000 | $102,000 | $116,000 | $106,000 | $168,000 |
| Hispanic | 1 | $25,000 | $25,000 | $25,000 | $139,000 | $139,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 114 | $19,621,000 | $172,000 | $440,000 | $96,000 | $780,000 |
| FHA-insured (Federal Housing Administration) | 36 | $6,577,000 | $182,000 | $384,000 | $56,000 | $169,000 |
| VA-guaranteed (Veterans Administration) | 23 | $5,364,000 | $233,000 | $358,000 | $69,000 | $201,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $862,000 | $287,000 | $403,000 | $74,000 | $96,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 89 | $16,383,000 | $184,000 | $413,000 | $92,000 | $282,000 |
| Application Denied By Financial Institution | 34 | $6,220,000 | $182,000 | $440,000 | $75,000 | $288,000 |
| Application Withdrawn By Applicant | 26 | $4,365,000 | $167,000 | $403,000 | $89,000 | $780,000 |
| Loan Purchased By The Institution | 15 | $2,935,000 | $195,000 | $414,000 | $64,000 | $195,000 |
| Application Approved But Not Accepted | 9 | $2,062,000 | $229,000 | $374,000 | $64,000 | $118,000 |
| File Closed For Incompleteness | 3 | $459,000 | $153,000 | $180,000 | $45,000 | $94,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 14 | $1,747,000 | $124,000 | $350,000 | $63,000 | $161,000 |
| Credit Application Incomplete | 8 | $1,819,000 | $227,000 | $384,000 | $60,000 | $159,000 |
| Collateral | 3 | $593,000 | $197,000 | $283,000 | $67,000 | $85,000 |
| Debt-To-Income Ratio | 2 | $318,000 | $159,000 | $293,000 | $74,000 | $126,000 |
| Other | 1 | $440,000 | $440,000 | $440,000 | $288,000 | $288,000 |
| Unverifiable Information | 1 | $142,000 | $142,000 | $142,000 | $24,000 | $24,000 |
| 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 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
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