Wells Fargo Finl Wisconsin Inc Mortgage Lending & HMDA Data, 2003

In 2003, Wells Fargo Finl Wisconsin Inc of Des Moines, IA reported 4,495 mortgage applications totaling $285.4 million. The average application was for $63,483, and applicants reported an average income of $60,070. 28% of its applications resulted in an originated loan and 35% were denied. Its largest markets were Milwaukee-Waukesha, WI (1,150), Appleton-Oshkosh-Neenah, WI (515) and Green Bay, WI (298) (applications in parentheses).

Mortgage Company & Address Wells Fargo Finl Wisconsin 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 4,495
Total Mortgage Loan Application Amount $285,358,000
Average Mortgage Loan Application Amount $63,483
Highest Mortgage Loan Application Amount $645,000
Average Applicant Income $60,070
Highest Applicant Income $869,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Wells Fargo Finl Wisconsin Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Finl Wisconsin 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
Milwaukee, Wisconsin 813 $ 50,591,000 $ 62,227 $ 63,000
Brown, Wisconsin 298 $ 19,267,000 $ 64,654 $ 56,000
Winnebago, Wisconsin 268 $ 16,195,000 $ 60,429 $ 64,000
Waukesha, Wisconsin 236 $ 21,767,000 $ 92,233 $ 82,000
Dane, Wisconsin 217 $ 12,241,000 $ 56,410 $ 77,000
Racine, Wisconsin 198 $ 14,556,000 $ 73,515 $ 67,000
Outagamie, Wisconsin 192 $ 12,039,000 $ 62,703 $ 60,000
Sheboygan, Wisconsin 184 $ 12,832,000 $ 69,739 $ 56,000
Manitowoc, Wisconsin 154 $ 9,405,000 $ 61,071 $ 56,000
La Crosse, Wisconsin 143 $ 7,078,000 $ 49,496 $ 50,000
Fond du Lac, Wisconsin 135 $ 6,691,000 $ 49,562 $ 71,000
St. Croix, Wisconsin 97 $ 7,376,000 $ 76,041 $ 85,000
Eau Claire, Wisconsin 88 $ 5,493,000 $ 62,420 $ 57,000
Kenosha, Wisconsin 73 $ 6,976,000 $ 95,561 $ 70,000
Chippewa, Wisconsin 72 $ 3,892,000 $ 54,055 $ 55,000
Marathon, Wisconsin 69 $ 4,875,000 $ 70,652 $ 62,000
Washington, Wisconsin 63 $ 5,112,000 $ 81,142 $ 66,000
Rock, Wisconsin 62 $ 2,729,000 $ 44,016 $ 53,000
Dodge, Wisconsin 56 $ 2,994,000 $ 53,464 $ 63,000
Oconto, Wisconsin 56 $ 3,293,000 $ 58,803 $ 50,000
Calumet, Wisconsin 55 $ 3,965,000 $ 72,090 $ 68,000
Sauk, Wisconsin 53 $ 1,907,000 $ 35,981 $ 60,000
Columbia, Wisconsin 40 $ 1,836,000 $ 45,900 $ 63,000
Ozaukee, Wisconsin 38 $ 2,749,000 $ 72,342 $ 75,000
Waupaca, Wisconsin 38 $ 2,649,000 $ 69,710 $ 50,000
Barron, Wisconsin 34 $ 2,500,000 $ 73,529 $ 63,000
Iowa, Wisconsin 34 $ 1,167,000 $ 34,323 $ 66,000
Polk, Wisconsin 34 $ 2,253,000 $ 66,264 $ 62,000
Rusk, Wisconsin 33 $ 1,434,000 $ 43,454 $ 41,000
Marinette, Wisconsin 31 $ 1,682,000 $ 54,258 $ 77,000
Pierce, Wisconsin 30 $ 1,736,000 $ 57,866 $ 66,000
Winona, Minnesota 29 $ 1,774,000 $ 61,172 $ 59,000
Waushara, Wisconsin 27 $ 1,110,000 $ 41,111 $ 50,000
Jefferson, Wisconsin 26 $ 2,382,000 $ 91,615 $ 80,000
Shawano, Wisconsin 25 $ 1,563,000 $ 62,520 $ 60,000
Trempealeau, Wisconsin 25 $ 2,133,000 $ 85,320 $ 62,000
Walworth, Wisconsin 24 $ 1,149,000 $ 47,875 $ 65,000
Dunn, Wisconsin 22 $ 1,499,000 $ 68,136 $ 61,000
Price, Wisconsin 21 $ 918,000 $ 43,714 $ 45,000
Sawyer, Wisconsin 21 $ 1,765,000 $ 84,047 $ 47,000
Buffalo, Wisconsin 19 $ 770,000 $ 40,526 $ 99,000
Douglas, Wisconsin 19 $ 1,188,000 $ 62,526 $ 55,000
Green Lake, Wisconsin 19 $ 1,196,000 $ 62,947 $ 74,000
Houston, Minnesota 18 $ 859,000 $ 47,722 $ 53,000
Monroe, Wisconsin 18 $ 743,000 $ 41,277 $ 55,000
Door, Wisconsin 17 $ 1,434,000 $ 84,352 $ 55,000
Oneida, Wisconsin 17 $ 959,000 $ 56,411 $ 52,000
Kewaunee, Wisconsin 15 $ 739,000 $ 49,266 $ 35,000
Marquette, Wisconsin 15 $ 690,000 $ 46,000 $ 56,000
Lincoln, Wisconsin 12 $ 712,000 $ 59,333 $ 54,000
Vernon, Wisconsin 12 $ 626,000 $ 52,166 $ 51,000
Juneau, Wisconsin 11 $ 458,000 $ 41,636 $ 67,000
Portage, Wisconsin 11 $ 992,000 $ 90,181 $ 57,000
Adams, Wisconsin 10 $ 360,000 $ 36,000 $ 55,000
Ashland, Wisconsin 10 $ 394,000 $ 39,400 $ 48,000
Green, Wisconsin 10 $ 732,000 $ 73,200 $ 77,000
Richland, Wisconsin 10 $ 454,000 $ 45,400 $ 51,000
Burnett, Wisconsin 9 $ 425,000 $ 47,222 $ 60,000
Grant, Wisconsin 9 $ 399,000 $ 44,333 $ 39,000
Bayfield, Wisconsin 8 $ 675,000 $ 84,375 $ 66,000
Langlade, Wisconsin 8 $ 143,000 $ 17,875 $ 43,000
Taylor, Wisconsin 8 $ 494,000 $ 61,750 $ 57,000
Clark, Wisconsin 7 $ 172,000 $ 24,571 $ 39,000
Crawford, Wisconsin 7 $ 350,000 $ 50,000 $ 47,000
Jackson, Wisconsin 7 $ 464,000 $ 66,285 $ 51,000
Pepin, Wisconsin 7 $ 323,000 $ 46,142 $ 36,000
Vilas, Wisconsin 7 $ 607,000 $ 86,714 $ 50,000
Marquette, Michigan 6 $ 659,000 $ 109,833 $ 73,000
Goodhue, Minnesota 6 $ 325,000 $ 54,166 $ 74,000
Iron, Wisconsin 4 $ 326,000 $ 81,500 $ 45,000
Wood, Wisconsin 4 $ 312,000 $ 78,000 $ 77,000
Menominee, Michigan 3 $ 208,000 $ 69,333 $ 47,000
Dakota, Minnesota 3 $ 711,000 $ 237,000 $ 81,000
Washburn, Wisconsin 3 $ 193,000 $ 64,333 $ 63,000
Winnebago, Illinois 2 $ 2,000 $ 1,000 $ 53,000
Iron, Michigan 2 $ 56,000 $ 28,000 $ 29,000
Forest, Wisconsin 2 $ 120,000 $ 60,000 $ 115,000
Lafayette, Wisconsin 2 $ 92,000 $ 46,000 $ 97,000
Menominee, Wisconsin 2 $ 77,000 $ 38,500 $ 41,000
Fresno, California 1 $ 15,000 $ 15,000 $ 14,000
Duval, Florida 1 $ 137,000 $ 137,000 $ 61,000
Boone, Illinois 1 $ 127,000 $ 127,000 $ 60,000
Lake, Illinois 1 $ 27,000 $ 27,000 $ 31,000
Allamakee, Iowa 1 $ 45,000 $ 45,000 $ 52,000
Douglas, Kansas 1 $ 15,000 $ 15,000 $ 40,000
Delta, Michigan 1 $ 36,000 $ 36,000 $ 50,000
Dickinson, Michigan 1 $ 12,000 $ 12,000 $ 26,000
Gogebic, Michigan 1 $ 39,000 $ 39,000 $ 54,000
Oceana, Michigan 1 $ 77,000 $ 77,000 $ 27,000
Dodge, Minnesota 1 $ 114,000 $ 114,000 $ 42,000
Fillmore, Minnesota 1 $ 40,000 $ 40,000 $ 62,000
Hennepin, Minnesota 1 $ 25,000 $ 25,000 $ 80,000
Isanti, Minnesota 1 $ 155,000 $ 155,000 $ 25,000
Mower, Minnesota 1 $ 86,000 $ 86,000 $ 44,000
St. Louis, Minnesota 1 $ 90,000 $ 90,000 $ 21,000
Wabasha, Minnesota 1 $ 126,000 $ 126,000 $ 24,000
Washington, Minnesota 1 $ 16,000 $ 16,000 $ 74,000
Carbon, Montana 1 $ 10,000 $ 10,000 $ 40,000
Clark, Nevada 1 $ 51,000 $ 51,000 $ 50,000
Davie, North Carolina 1 $ 63,000 $ 63,000 $ 115,000
Webb, Texas 1 $ 40,000 $ 40,000 $ 34,000

Mortgage Loan Application Detail Totals for Wells Fargo Finl Wisconsin 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) 4,387 $279,703,000 $51,583 $645,000 $51,750 $869,000
Home Purchase (one-to-four family) 108 $5,655,000 $80,666 $324,000 $37,666 $244,000
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 2,299 $115,968,000 $37,666 $645,000 $52,888 $612,000
White 1,892 $148,200,000 $84,200 $515,000 $54,000 $869,000
Black 168 $10,933,000 $65,000 $404,000 $73,000 $188,000
Hispanic 59 $3,655,000 $51,000 $226,000 $44,000 $117,000
American Indian or Alaskan Native 35 $3,638,000 $103,000 $464,000 $68,000 $323,000
Asian or Pacific Islander 21 $1,660,000 $79,000 $520,000 $51,000 $100,000
Other 21 $1,304,000 $62,000 $260,000 $62,000 $107,000
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) 4,495 $285,358,000 $51,416 $645,000 $51,500 $869,000
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 Withdrawn By Applicant 1,614 $69,513,000 $39,250 $515,000 $55,750 $869,000
Application Denied By Financial Institution 1,592 $70,378,000 $40,333 $520,000 $47,166 $554,000
Loan Originated 1,263 $143,731,000 $100,600 $645,000 $54,800 $336,000
Application Approved But Not Accepted 26 $1,736,000 $66,000 $298,000 $65,000 $120,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The 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
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 Finl Wisconsin 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 Finl Wisconsin 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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