Wells Fargo Fin'l Indiana, Inc Mortgage Lending & HMDA Data, 2003

In 2003, Wells Fargo Fin'l Indiana, Inc of Des Moines, IA reported 4,031 mortgage applications totaling $242.7 million. The average application was for $60,220, and applicants reported an average income of $58,054. 23% of its applications resulted in an originated loan and 42% were denied. Its largest markets were Fort Wayne, IN (806), Indianapolis, IN (805) and Gary, IN (495) (applications in parentheses).

Mortgage Company & Address Wells Fargo Fin'l Indiana, Inc
800 Walnut St, 6th Floor, Mac F4031-061
Des Moines, IA 50309
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,031
Total Mortgage Loan Application Amount $242,747,000
Average Mortgage Loan Application Amount $60,220
Highest Mortgage Loan Application Amount $771,000
Average Applicant Income $58,054
Highest Applicant Income $960,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Wells Fargo Fin'l Indiana, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Wells Fargo Fin'l Indiana, Inc by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Allen, Indiana 616 $ 26,526,000 $ 43,061 $ 47,000
Lake, Indiana 397 $ 30,799,000 $ 77,579 $ 66,000
Marion, Indiana 396 $ 26,817,000 $ 67,719 $ 67,000
St. Joseph, Indiana 264 $ 9,826,000 $ 37,219 $ 49,000
Hamilton, Indiana 133 $ 13,215,000 $ 99,360 $ 87,000
LaPorte, Indiana 107 $ 4,484,000 $ 41,906 $ 47,000
Porter, Indiana 98 $ 9,104,000 $ 92,897 $ 60,000
Clark, Indiana 87 $ 5,422,000 $ 62,321 $ 51,000
Vanderburgh, Indiana 84 $ 5,399,000 $ 64,273 $ 65,000
Tippecanoe, Indiana 82 $ 4,939,000 $ 60,231 $ 61,000
Floyd, Indiana 67 $ 4,078,000 $ 60,865 $ 48,000
White, Indiana 67 $ 4,068,000 $ 60,716 $ 49,000
Johnson, Indiana 64 $ 5,145,000 $ 80,390 $ 68,000
Howard, Indiana 60 $ 4,505,000 $ 75,083 $ 65,000
Delaware, Indiana 59 $ 3,689,000 $ 62,525 $ 44,000
DeKalb, Indiana 58 $ 2,509,000 $ 43,258 $ 59,000
Elkhart, Indiana 57 $ 2,630,000 $ 46,140 $ 63,000
Miami, Indiana 57 $ 3,400,000 $ 59,649 $ 49,000
LaGrange, Indiana 56 $ 2,218,000 $ 39,607 $ 54,000
Madison, Indiana 55 $ 4,021,000 $ 73,109 $ 55,000
Hendricks, Indiana 48 $ 4,335,000 $ 90,312 $ 68,000
Monroe, Indiana 46 $ 3,647,000 $ 79,282 $ 76,000
Steuben, Indiana 45 $ 1,730,000 $ 38,444 $ 44,000
Huntington, Indiana 43 $ 1,978,000 $ 46,000 $ 62,000
Hancock, Indiana 41 $ 3,027,000 $ 73,829 $ 72,000
Wabash, Indiana 38 $ 1,512,000 $ 39,789 $ 53,000
Morgan, Indiana 37 $ 1,838,000 $ 49,675 $ 74,000
Adams, Indiana 34 $ 1,449,000 $ 42,617 $ 55,000
Rush, Indiana 34 $ 1,141,000 $ 33,558 $ 46,000
Carroll, Indiana 33 $ 1,984,000 $ 60,121 $ 58,000
Fulton, Indiana 28 $ 1,369,000 $ 48,892 $ 42,000
Lawrence, Indiana 28 $ 1,964,000 $ 70,142 $ 59,000
Wells, Indiana 28 $ 1,473,000 $ 52,607 $ 50,000
Whitley, Indiana 27 $ 1,088,000 $ 40,296 $ 53,000
Cass, Indiana 26 $ 1,628,000 $ 62,615 $ 58,000
Noble, Indiana 26 $ 1,486,000 $ 57,153 $ 54,000
Shelby, Indiana 22 $ 1,124,000 $ 51,090 $ 54,000
Henry, Indiana 21 $ 1,137,000 $ 54,142 $ 45,000
Harrison, Indiana 20 $ 1,342,000 $ 67,100 $ 62,000
Cook, Illinois 19 $ 1,631,000 $ 85,842 $ 63,000
Dearborn, Indiana 19 $ 1,486,000 $ 78,210 $ 54,000
Posey, Indiana 17 $ 1,333,000 $ 78,411 $ 65,000
Grant, Indiana 16 $ 836,000 $ 52,250 $ 56,000
Washington, Indiana 16 $ 1,193,000 $ 74,562 $ 52,000
Franklin, Indiana 15 $ 1,100,000 $ 73,333 $ 56,000
Greene, Indiana 15 $ 650,000 $ 43,333 $ 44,000
Jasper, Indiana 15 $ 1,158,000 $ 77,200 $ 74,000
Knox, Indiana 15 $ 699,000 $ 46,600 $ 44,000
Kosciusko, Indiana 15 $ 682,000 $ 45,466 $ 54,000
Randolph, Indiana 15 $ 869,000 $ 57,933 $ 47,000
Warrick, Indiana 15 $ 662,000 $ 44,133 $ 64,000
Brown, Indiana 14 $ 886,000 $ 63,285 $ 56,000
Vigo, Indiana 13 $ 528,000 $ 40,615 $ 51,000
Bartholomew, Indiana 12 $ 645,000 $ 53,750 $ 55,000
Marshall, Indiana 12 $ 848,000 $ 70,666 $ 59,000
Tipton, Indiana 12 $ 732,000 $ 61,000 $ 39,000
Jefferson, Kentucky 12 $ 1,158,000 $ 96,500 $ 69,000
Clinton, Indiana 11 $ 596,000 $ 54,181 $ 59,000
Fayette, Indiana 11 $ 536,000 $ 48,727 $ 57,000
Jefferson, Indiana 11 $ 656,000 $ 59,636 $ 126,000
Putnam, Indiana 11 $ 626,000 $ 56,909 $ 57,000
Boone, Indiana 9 $ 502,000 $ 55,777 $ 57,000
Owen, Indiana 9 $ 330,000 $ 36,666 $ 68,000
Starke, Indiana 9 $ 482,000 $ 53,555 $ 48,000
Wayne, Indiana 9 $ 401,000 $ 44,555 $ 51,000
Dubois, Indiana 8 $ 358,000 $ 44,750 $ 42,000
Jay, Indiana 8 $ 625,000 $ 78,125 $ 62,000
Montgomery, Indiana 8 $ 493,000 $ 61,625 $ 60,000
Daviess, Indiana 7 $ 219,000 $ 31,285 $ 30,000
Jackson, Indiana 7 $ 279,000 $ 39,857 $ 55,000
Orange, Indiana 7 $ 271,000 $ 38,714 $ 51,000
Spencer, Indiana 7 $ 465,000 $ 66,428 $ 79,000
Henderson, Kentucky 7 $ 626,000 $ 89,428 $ 42,000
Cass, Michigan 7 $ 330,000 $ 47,142 $ 78,000
Fountain, Indiana 6 $ 1,080,000 $ 180,000 $ 35,000
Scott, Indiana 6 $ 720,000 $ 120,000 $ 61,000
Berrien, Michigan 6 $ 441,000 $ 73,500 $ 54,000
Blackford, Indiana 5 $ 505,000 $ 101,000 $ 52,000
Jennings, Indiana 5 $ 160,000 $ 32,000 $ 36,000
Newton, Indiana 5 $ 390,000 $ 78,000 $ 54,000
Perry, Indiana 5 $ 359,000 $ 71,800 $ 61,000
Pulaski, Indiana 5 $ 308,000 $ 61,600 $ 48,000
Lawrence, Illinois 4 $ 142,000 $ 35,500 $ 63,000
Switzerland, Indiana 4 $ 371,000 $ 92,750 $ 40,000
Warren, Indiana 4 $ 232,000 $ 58,000 $ 49,000
Lee, Florida 3 $ 696,000 $ 232,000 $ 61,000
Kankakee, Illinois 3 $ 111,000 $ 37,000 $ 55,000
Benton, Indiana 3 $ 154,000 $ 51,333 $ 38,000
Clay, Indiana 3 $ 179,000 $ 59,666 $ 50,000
Crawford, Indiana 3 $ 232,000 $ 77,333 $ 40,000
Decatur, Indiana 3 $ 100,000 $ 33,333 $ 386,000
Gibson, Indiana 3 $ 149,000 $ 49,666 $ 60,000
Martin, Indiana 3 $ 380,000 $ 126,666 $ 58,000
Ripley, Indiana 3 $ 180,000 $ 60,000 $ 36,000
Sullivan, Indiana 3 $ 204,000 $ 68,000 $ 47,000
Union, Indiana 3 $ 312,000 $ 104,000 $ 75,000
Vermillion, Indiana 3 $ 91,000 $ 30,333 $ 56,000
Van Wert, Ohio 3 $ 205,000 $ 68,333 $ 29,000
Pinellas, Florida 2 $ 40,000 $ 20,000 $ 85,000
Vermilion, Illinois 2 $ 199,000 $ 99,500 $ 58,000
Will, Illinois 2 $ 224,000 $ 112,000 $ 53,000
Ohio, Indiana 2 $ 200,000 $ 100,000 $ 34,000
Parke, Indiana 2 $ 227,000 $ 113,500 $ 41,000
Pike, Indiana 2 $ 124,000 $ 62,000 $ 44,000
Paulding, Ohio 2 $ 150,000 $ 75,000 $ 36,000
Jim Wells, Texas 2 $ 40,000 $ 20,000 $ 63,000
Crawford, Illinois 1 $ 71,000 $ 71,000 $ 52,000
Richland, Illinois 1 $ 11,000 $ 11,000 $ 43,000
Wabash, Illinois 1 $ 58,000 $ 58,000 $ 56,000
White, Illinois 1 $ 123,000 $ 123,000 $ 41,000
Hancock, Kentucky 1 $ 82,000 $ 82,000 $ 87,000
Trimble, Kentucky 1 $ 5,000 $ 5,000 $ 55,000
Union, Kentucky 1 $ 32,000 $ 32,000 $ 29,000
Webster, Kentucky 1 $ 10,000 $ 10,000 $ 51,000
Branch, Michigan 1 $ 50,000 $ 50,000 $ 35,000
Schoolcraft, Michigan 1 $ 35,000 $ 35,000 $ 65,000
Phillips, Montana 1 $ 29,000 $ 29,000 $ 22,000
Cumberland, North Carolina 1 $ 27,000 $ 27,000 $ 105,000
Haywood, North Carolina 1 $ 80,000 $ 80,000 $ 43,000
Auglaize, Ohio 1 $ 5,000 $ 5,000 $ 87,000
Defiance, Ohio 1 $ 38,000 $ 38,000 $ 17,000
Hamilton, Ohio 1 $ 79,000 $ 79,000 $ 111,000
Mahoning, Ohio 1 $ 20,000 $ 20,000 $ 132,000
Tarrant, Texas 1 $ 50,000 $ 50,000 $ 25,000
Fairfax, Virginia 1 $ 100,000 $ 100,000 $ 60,000

Mortgage Loan Application Detail Totals for Wells Fargo Fin'l Indiana, Inc in 2003

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 (home purchase or home improvement, one-to-four family) 3,973 $239,192,000 $68,900 $771,000 $56,400 $960,000
Home Purchase (one-to-four family) 58 $3,555,000 $63,000 $221,000 $64,000 $157,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 0 $0 $0 $0 $0 $0
Home Improvement (one-to-four family) 0 $0 $0 $0 $0 $0

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
Information not provided by applicant in mail or telephone application 2,077 $113,136,000 $72,777 $700,000 $61,666 $960,000
White 1,675 $112,288,000 $58,500 $771,000 $52,333 $294,000
Black 201 $12,659,000 $79,333 $454,000 $66,666 $283,000
Hispanic 47 $2,978,000 $39,666 $407,000 $43,666 $162,000
American Indian or Alaskan Native 15 $648,000 $43,000 $96,000 $46,000 $99,000
Other 12 $706,000 $58,000 $240,000 $74,000 $200,000
Asian or Pacific Islander 4 $332,000 $83,000 $141,000 $62,000 $88,000
Not applicable 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) 4,031 $242,747,000 $68,800 $771,000 $56,500 $960,000
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

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
Application Denied By Financial Institution 1,678 $94,368,000 $81,714 $500,000 $58,428 $744,000
Application Withdrawn By Applicant 1,397 $58,421,000 $53,777 $700,000 $66,888 $960,000
Loan Originated 945 $89,466,000 $105,000 $771,000 $54,833 $294,000
Application Approved But Not Accepted 11 $492,000 $44,000 $100,000 $57,000 $160,000
Loan Purchased By The 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 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Wells Fargo Fin'l Indiana, Inc's 2003 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Wells Fargo Fin'l Indiana, Inc's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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