Bristol Bay, AK Mortgage Lenders & HMDA Data, 2004

In 2004, lenders reported 43 mortgage applications in Bristol Bay, AK totaling $5.0 million, down 25% from 2003. The average application was for $116,000, and applicants reported an average income of $70,000. 42% of applications resulted in an originated loan and 30% were denied. The most active lender was Wells Fargo Bank, NA, with 15 applications, followed by Countrywide Home Loans and Aurora Bank FSB.

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Total Number of Mortgage Applications 43
Total Mortgage Loan Application Amount $4,992,000
Average Mortgage Loan Application Amount $116,000
Highest Mortgage Loan Application Amount $230,000
Average Applicant Income $70,000
Highest Applicant Income $144,000

Mortgage Company List for Lending in Bristol Bay, AK for 2004

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 250,474,000,000 15 $ 1,529,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 97,957,619,000 4 $ 524,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 14,165,872,000 3 $ 407,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ 2,200,677,000 2 $ 223,000
Residential Mortgage, LLC
100 CALAIS DRIVE
ANCHORAGE, AK 99515
* $ 10,000,000 2 $ 375,000
Wells Fargo Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 34,311,813,000 2 $ 156,000
Mila, Inc
6021 244TH ST. SW
MOUNTLAKE TERRACE, WA 98043
* $ 10,000,000 2 $ 450,000
Homecomings Financial LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 107,000
National City Bank of Indiana
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 42,548,912,000 1 $ 128,000
Sunset Direct Lending
5000 SW MEADOWS ROAD SUITE 131
LAKE OSWEGO, OR 97035
* $ 10,000,000 1 $ 107,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 225,000
Citimortgage, Inc.
ONE COURT SQUARE, 45TH FLOOR
LONG ISLAND CITY, NY 11120
* $ 59,720,267,000 1 $ 25,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 108,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 25,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 10,551,758,000 1 $ 107,000
Mbna America Delaware, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 2,032,341,000 1 $ 71,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 1 $ 88,000

The tables below break down 2004 mortgage applications in Bristol Bay, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Bristol Bay, AK in 2004

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 36 $4,035,000 $112,000 $230,000 $65,000 $144,000
Home Purchase 5 $762,000 $152,000 $216,000 $96,000 $144,000
Home Improvement 2 $195,000 $97,000 $175,000 $74,000 $98,000

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 24 $2,545,000 $106,000 $216,000 $79,000 $144,000
Not Provided 14 $2,050,000 $146,000 $230,000 $56,000 $102,000
American Indian or Alaskan Native 4 $372,000 $93,000 $108,000 $79,000 $132,000
Not applicable 1 $25,000 $25,000 $25,000 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
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) 39 $4,380,000 $112,000 $230,000 $75,000 $144,000
FHA-insured (Federal Housing Administration) 2 $303,000 $151,000 $157,000 $4,000 $9,000
VA-guaranteed (Veterans Administration) 2 $309,000 $154,000 $212,000 $51,000 $61,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 18 $2,290,000 $127,000 $216,000 $77,000 $140,000
Application Denied By Financial Institution 13 $1,500,000 $115,000 $230,000 $77,000 $144,000
Application Approved But Not Accepted 5 $553,000 $110,000 $225,000 $77,000 $144,000
Application Withdrawn By Applicant 4 $278,000 $69,000 $107,000 $42,000 $144,000
Loan Purchased By The Institution 3 $371,000 $123,000 $200,000 $33,000 $91,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Collateral 4 $440,000 $110,000 $155,000 $75,000 $107,000
Other 4 $628,000 $157,000 $230,000 $82,000 $144,000
Unverifiable Information 1 $100,000 $100,000 $100,000 $19,000 $19,000
Credit History 1 $80,000 $80,000 $80,000 $46,000 $46,000
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
Credit Application Incomplete 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.

Download the Alaska Lender List