Wells Fargo Finl Wisconsin Inc Mortgage Lending & HMDA Data, 2005

In 2005, Wells Fargo Finl Wisconsin Inc of Des Moines, IA reported 6,606 mortgage applications totaling $825.2 million, up 6% from 2004. The average application was for $124,918, and applicants reported an average income of $61,029. 25% of its applications resulted in an originated loan and 47% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (1,937), Green Bay, WI (520) and Madison, WI (506) (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 6,606
Total Mortgage Loan Application Amount $825,212,000
Average Mortgage Loan Application Amount $124,918
Highest Mortgage Loan Application Amount $1,455,000
Average Applicant Income $61,029
Highest Applicant Income $557,000

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records Wells Fargo Finl Wisconsin Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Milwaukee, Wisconsin 1,329 $ 147,766,000 $ 111,185 $ 58,000
Dane, Wisconsin 425 $ 72,706,000 $ 171,072 $ 73,000
Brown, Wisconsin 414 $ 51,691,000 $ 124,857 $ 55,000
Waukesha, Wisconsin 400 $ 76,052,000 $ 190,130 $ 85,000
Racine, Wisconsin 374 $ 47,475,000 $ 126,938 $ 54,000
Outagamie, Wisconsin 264 $ 32,388,000 $ 122,681 $ 61,000
Winnebago, Wisconsin 249 $ 28,839,000 $ 115,819 $ 55,000
Kenosha, Wisconsin 246 $ 32,519,000 $ 132,191 $ 66,000
Sheboygan, Wisconsin 216 $ 22,017,000 $ 101,930 $ 51,000
Rock, Wisconsin 214 $ 21,018,000 $ 98,214 $ 56,000
Marathon, Wisconsin 148 $ 16,326,000 $ 110,310 $ 59,000
Washington, Wisconsin 131 $ 21,561,000 $ 164,587 $ 78,000
Manitowoc, Wisconsin 120 $ 12,087,000 $ 100,725 $ 55,000
Fond du Lac, Wisconsin 113 $ 12,141,000 $ 107,442 $ 66,000
La Crosse, Wisconsin 110 $ 11,208,000 $ 101,890 $ 55,000
Walworth, Wisconsin 108 $ 15,069,000 $ 139,527 $ 56,000
Dodge, Wisconsin 91 $ 11,606,000 $ 127,538 $ 66,000
Oconto, Wisconsin 81 $ 9,430,000 $ 116,419 $ 61,000
Sauk, Wisconsin 78 $ 10,203,000 $ 130,807 $ 62,000
Ozaukee, Wisconsin 77 $ 15,176,000 $ 197,090 $ 100,000
St. Croix, Wisconsin 72 $ 12,887,000 $ 178,986 $ 86,000
Shawano, Wisconsin 65 $ 6,459,000 $ 99,369 $ 51,000
Jefferson, Wisconsin 63 $ 9,620,000 $ 152,698 $ 66,000
Waupaca, Wisconsin 60 $ 7,407,000 $ 123,450 $ 51,000
Columbia, Wisconsin 56 $ 6,777,000 $ 121,017 $ 63,000
Eau Claire, Wisconsin 55 $ 5,814,000 $ 105,709 $ 50,000
Marinette, Wisconsin 54 $ 4,089,000 $ 75,722 $ 54,000
Calumet, Wisconsin 51 $ 7,068,000 $ 138,588 $ 62,000
Oneida, Wisconsin 49 $ 5,765,000 $ 117,653 $ 58,000
Wood, Wisconsin 45 $ 4,207,000 $ 93,488 $ 47,000
Chippewa, Wisconsin 44 $ 2,991,000 $ 67,977 $ 47,000
Portage, Wisconsin 43 $ 4,626,000 $ 107,581 $ 52,000
Lincoln, Wisconsin 40 $ 3,981,000 $ 99,525 $ 57,000
Monroe, Wisconsin 39 $ 4,031,000 $ 103,358 $ 57,000
Douglas, Wisconsin 36 $ 3,139,000 $ 87,194 $ 50,000
Pierce, Wisconsin 31 $ 3,341,000 $ 107,774 $ 63,000
Barron, Wisconsin 29 $ 3,185,000 $ 109,827 $ 56,000
Door, Wisconsin 25 $ 3,945,000 $ 157,800 $ 56,000
Iowa, Wisconsin 25 $ 2,956,000 $ 118,240 $ 53,000
Juneau, Wisconsin 25 $ 2,423,000 $ 96,920 $ 50,000
Kewaunee, Wisconsin 25 $ 2,372,000 $ 94,880 $ 56,000
Green Lake, Wisconsin 24 $ 2,589,000 $ 107,875 $ 51,000
Polk, Wisconsin 24 $ 2,871,000 $ 119,625 $ 63,000
Rusk, Wisconsin 23 $ 1,702,000 $ 74,000 $ 44,000
Winona, Minnesota 21 $ 2,514,000 $ 119,714 $ 59,000
Trempealeau, Wisconsin 21 $ 2,122,000 $ 101,047 $ 47,000
Dunn, Wisconsin 20 $ 1,894,000 $ 94,700 $ 43,000
Waushara, Wisconsin 20 $ 1,988,000 $ 99,400 $ 68,000
Langlade, Wisconsin 19 $ 1,762,000 $ 92,736 $ 60,000
Marquette, Wisconsin 19 $ 2,173,000 $ 114,368 $ 64,000
Green, Wisconsin 18 $ 1,955,000 $ 108,611 $ 64,000
Sawyer, Wisconsin 18 $ 2,224,000 $ 123,555 $ 45,000
Grant, Wisconsin 17 $ 1,884,000 $ 110,823 $ 49,000
Houston, Minnesota 15 $ 1,544,000 $ 102,933 $ 49,000
Lafayette, Wisconsin 15 $ 2,139,000 $ 142,600 $ 86,000
Richland, Wisconsin 15 $ 1,477,000 $ 98,466 $ 55,000
Adams, Wisconsin 14 $ 1,456,000 $ 104,000 $ 46,000
Clark, Wisconsin 14 $ 1,394,000 $ 99,571 $ 46,000
Iron, Wisconsin 14 $ 1,033,000 $ 73,785 $ 32,000
Jackson, Wisconsin 13 $ 1,141,000 $ 87,769 $ 46,000
Vernon, Wisconsin 12 $ 1,573,000 $ 131,083 $ 61,000
Vilas, Wisconsin 12 $ 1,423,000 $ 118,583 $ 75,000
Washburn, Wisconsin 12 $ 1,431,000 $ 119,250 $ 48,000
Burnett, Wisconsin 11 $ 831,000 $ 75,545 $ 39,000
Price, Wisconsin 9 $ 835,000 $ 92,777 $ 64,000
Taylor, Wisconsin 9 $ 1,000,000 $ 111,111 $ 57,000
Buffalo, Wisconsin 8 $ 979,000 $ 122,375 $ 50,000
Crawford, Wisconsin 7 $ 597,000 $ 85,285 $ 58,000
Pepin, Wisconsin 7 $ 638,000 $ 91,142 $ 36,000
Fillmore, Minnesota 6 $ 523,000 $ 87,166 $ 48,000
Bayfield, Wisconsin 6 $ 333,000 $ 55,500 $ 50,000
Ashland, Wisconsin 4 $ 357,000 $ 89,250 $ 60,000
Forest, Wisconsin 4 $ 303,000 $ 75,750 $ 50,000
Menominee, Wisconsin 4 $ 185,000 $ 46,250 $ 27,000
Menominee, Michigan 3 $ 229,000 $ 76,333 $ 63,000
Wabasha, Minnesota 3 $ 400,000 $ 133,333 $ 41,000
Florence, Wisconsin 3 $ 411,000 $ 137,000 $ 37,000
Delta, Michigan 2 $ 270,000 $ 135,000 $ 94,000
Maricopa, Arizona 1 $ 25,000 $ 25,000 $ 58,000
Riverside, California 1 $ 172,000 $ 172,000 $ 69,000
Jefferson, Colorado 1 $ 10,000 $ 10,000 $ 31,000
Boone, Illinois 1 $ 142,000 $ 142,000 $ 68,000
Cook, Illinois 1 $ 125,000 $ 125,000 $ 83,000
DuPage, Illinois 1 $ 390,000 $ 390,000 $ 236,000
Jo Daviess, Illinois 1 $ 170,000 $ 170,000 $ 55,000
Lake, Illinois 1 $ 205,000 $ 205,000 $ 90,000
Winnebago, Illinois 1 $ 130,000 $ 130,000 $ 69,000
Alger, Michigan 1 $ 169,000 $ 169,000 $ 42,000
Houghton, Michigan 1 $ 45,000 $ 45,000 $ 48,000
Keweenaw, Michigan 1 $ 50,000 $ 50,000 $ 151,000
Marquette, Michigan 1 $ 80,000 $ 80,000 $ 40,000
Dakota, Minnesota 1 $ 64,000 $ 64,000 $ 58,000
Hennepin, Minnesota 1 $ 15,000 $ 15,000 $ 73,000
Olmsted, Minnesota 1 $ 121,000 $ 121,000 $ 85,000
Ramsey, Minnesota 1 $ 95,000 $ 95,000 $ 67,000
Jackson, Mississippi 1 $ 465,000 $ 465,000 $ 200,000
Fairfax, Virginia 1 $ 195,000 $ 195,000 $ 52,000
Sheridan, Wyoming 1 $ 3,000 $ 3,000 $ 41,000

Mortgage Loan Application Detail Totals for Wells Fargo Finl Wisconsin Inc in 2005

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 5,820 $788,529,000 $175,000 $1,455,000 $82,500 $557,000
Home Improvement 755 $34,640,000 $38,000 $492,000 $58,400 $392,000
Home Purchase 31 $2,043,000 $65,000 $279,000 $50,000 $140,000

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 5,355 $690,818,000 $146,625 $1,455,000 $79,750 $557,000
Black or African American 567 $56,953,000 $125,000 $1,000,000 $52,333 $243,000
Hispanic 281 $30,627,000 $131,000 $320,000 $61,000 $192,000
Not Provided 249 $30,518,000 $73,500 $380,000 $60,500 $397,000
American Indian or Alaskan Native 78 $7,933,000 $101,000 $232,000 $53,000 $152,000
Asian 68 $7,589,000 $111,000 $316,000 $54,000 $162,000
Native Hawaiian or Other Pacific Islander 8 $774,000 $96,000 $160,000 $78,000 $155,000
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) 6,606 $825,212,000 $138,800 $1,455,000 $73,900 $557,000
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 3,136 $381,668,000 $136,571 $1,200,000 $75,000 $557,000
Loan Originated 1,624 $213,936,000 $143,500 $1,455,000 $67,500 $468,000
Application Withdrawn By Applicant 1,292 $154,149,000 $125,000 $637,000 $70,333 $397,000
Application Approved But Not Accepted 554 $75,459,000 $90,500 $682,000 $57,000 $243,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
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 2005 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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