Haines, AK Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 79 mortgage applications in Haines, AK totaling $15.7 million, up 4% from 2015. The average application was for $198,000, and applicants reported an average income of $70,000. 44% of applications resulted in an originated loan and 18% were denied. The most active lender was First National Bank Alaska, with 14 applications, followed by Wells Fargo Bank NA and Alaska USA Mortgage Co., LLC.

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Total Number of Mortgage Applications 79
Total Mortgage Loan Application Amount $15,673,000
Average Mortgage Loan Application Amount $198,000
Highest Mortgage Loan Application Amount $600,000
Average Applicant Income $70,000
Highest Applicant Income $364,000
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Top Mortgage Lenders in Haines, AK (2016)

Ranked by the number of mortgage applications each lender reported in Haines, AK in 2016.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 First National Bank Alaska
Anchorage, AK
14 $3,218,000 $229,000 $50,000
2 Wells Fargo Bank NA
Minneapolis, MN
14 $2,515,000 $179,000 $62,000
3 Alaska USA Mortgage Co., LLC
Anchorage, AK
7 $1,837,000 $262,000 $124,000
4 Global Federal Credit Union
Anchorage, AK
6 $1,115,000 $185,000 $87,000
5 Residential Mortgage, LLC
Anchorage, AK
5 $1,107,000 $221,000 $131,000
6 loanDepot.com LLC
Irvine, CA
4 $982,000 $245,000 $122,000
7 American Advisors Group
Orange, CA
2 $500,000 $250,000 $0
8 Everbank N.A.
Jacksonville, FL
2 $862,000 $431,000 $51,000
9 Guild Mortgage Company
San Diego, CA
1 $135,000 $135,000 $29,000
10 Suntrust Bank
Atlanta, GA
1 $37,000 $37,000 $103,000

See every lender active in Haines, AK in 2016 »

The tables below break down 2016 mortgage applications in Haines, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Haines, AK in 2016

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
Home Purchase 37 $7,819,000 $211,000 $354,000 $82,000 $302,000
Refinancing 31 $6,550,000 $211,000 $600,000 $60,000 $364,000
Home Improvement 11 $1,304,000 $118,000 $360,000 $61,000 $103,000

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 58 $10,975,000 $189,000 $430,000 $79,000 $364,000
Not Provided 8 $1,682,000 $210,000 $520,000 $20,000 $64,000
American Indian or Alaskan Native 7 $1,405,000 $200,000 $346,000 $86,000 $150,000
Hispanic 3 $680,000 $226,000 $342,000 $57,000 $102,000
Not applicable 2 $755,000 $377,000 $600,000 $0 $0
Asian 1 $176,000 $176,000 $176,000 $46,000 $46,000
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiin 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) 55 $10,302,000 $187,000 $600,000 $66,000 $360,000
FHA-insured (Federal Housing Administration) 14 $2,645,000 $188,000 $284,000 $63,000 $157,000
VA-guaranteed (Veterans Administration) 10 $2,726,000 $272,000 $386,000 $103,000 $364,000
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 35 $6,427,000 $183,000 $600,000 $85,000 $364,000
Application Denied By Financial Institution 14 $2,931,000 $209,000 $430,000 $64,000 $360,000
Application Withdrawn By Applicant 12 $2,740,000 $228,000 $520,000 $29,000 $74,000
Loan Purchased By The Institution 10 $2,155,000 $215,000 $384,000 $74,000 $157,000
Application Approved But Not Accepted 5 $985,000 $197,000 $346,000 $109,000 $302,000
File Closed For Incompleteness 3 $435,000 $145,000 $180,000 $19,000 $57,000
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
Debt-To-Income Ratio 4 $551,000 $137,000 $188,000 $29,000 $43,000
Collateral 4 $863,000 $215,000 $275,000 $26,000 $53,000
Credit History 2 $479,000 $239,000 $288,000 $87,000 $95,000
Credit Application Incomplete 1 $240,000 $240,000 $240,000 $88,000 $88,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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