Wells Fargo Finl Wisconsin Inc Mortgage Lending & HMDA Data, 2006

In 2006, Wells Fargo Finl Wisconsin Inc of Des Moines, IA reported 5,013 mortgage applications totaling $649.7 million, down 24% from 2005. The average application was for $129,595, and applicants reported an average income of $63,926. 24% of its applications resulted in an originated loan and 42% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (1,522), Racine, WI (307) and Green Bay, WI (300) (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 5,013
Total Mortgage Loan Application Amount $649,664,000
Average Mortgage Loan Application Amount $129,595
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $63,926
Highest Applicant Income $729,000

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records Wells Fargo Finl Wisconsin Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Milwaukee, Wisconsin 1,166 $ 143,763,000 $ 123,295 $ 61,000
Racine, Wisconsin 307 $ 41,598,000 $ 135,498 $ 68,000
Dane, Wisconsin 230 $ 35,841,000 $ 155,830 $ 72,000
Brown, Wisconsin 221 $ 25,202,000 $ 114,036 $ 68,000
Waukesha, Wisconsin 219 $ 41,781,000 $ 190,780 $ 89,000
Rock, Wisconsin 214 $ 23,849,000 $ 111,443 $ 61,000
Kenosha, Wisconsin 190 $ 29,179,000 $ 153,573 $ 73,000
Sheboygan, Wisconsin 175 $ 19,698,000 $ 112,560 $ 60,000
Winnebago, Wisconsin 169 $ 19,887,000 $ 117,674 $ 64,000
Outagamie, Wisconsin 139 $ 17,335,000 $ 124,712 $ 64,000
Marathon, Wisconsin 123 $ 14,764,000 $ 120,032 $ 63,000
Walworth, Wisconsin 95 $ 15,248,000 $ 160,505 $ 69,000
Manitowoc, Wisconsin 89 $ 8,993,000 $ 101,044 $ 57,000
Washington, Wisconsin 79 $ 13,370,000 $ 169,240 $ 73,000
Eau Claire, Wisconsin 77 $ 8,787,000 $ 114,116 $ 59,000
La Crosse, Wisconsin 77 $ 7,402,000 $ 96,129 $ 60,000
St. Croix, Wisconsin 77 $ 14,598,000 $ 189,584 $ 78,000
Fond du Lac, Wisconsin 72 $ 7,572,000 $ 105,166 $ 63,000
Ozaukee, Wisconsin 58 $ 10,503,000 $ 181,086 $ 90,000
Jefferson, Wisconsin 56 $ 7,970,000 $ 142,321 $ 66,000
Chippewa, Wisconsin 54 $ 6,480,000 $ 120,000 $ 54,000
Columbia, Wisconsin 53 $ 7,186,000 $ 135,584 $ 62,000
Oconto, Wisconsin 53 $ 5,727,000 $ 108,056 $ 62,000
Dodge, Wisconsin 51 $ 6,499,000 $ 127,431 $ 68,000
Douglas, Wisconsin 51 $ 4,867,000 $ 95,431 $ 52,000
Sauk, Wisconsin 50 $ 5,953,000 $ 119,060 $ 51,000
Shawano, Wisconsin 43 $ 5,584,000 $ 129,860 $ 58,000
Waupaca, Wisconsin 43 $ 4,910,000 $ 114,186 $ 56,000
Marinette, Wisconsin 39 $ 3,881,000 $ 99,512 $ 51,000
Dunn, Wisconsin 37 $ 4,529,000 $ 122,405 $ 55,000
Pierce, Wisconsin 34 $ 5,609,000 $ 164,970 $ 70,000
Oneida, Wisconsin 31 $ 3,886,000 $ 125,354 $ 62,000
Wood, Wisconsin 30 $ 3,801,000 $ 126,700 $ 66,000
Monroe, Wisconsin 29 $ 3,461,000 $ 119,344 $ 67,000
Polk, Wisconsin 29 $ 4,488,000 $ 154,758 $ 58,000
Rusk, Wisconsin 29 $ 2,297,000 $ 79,206 $ 50,000
Portage, Wisconsin 27 $ 2,588,000 $ 95,851 $ 61,000
Calumet, Wisconsin 26 $ 3,906,000 $ 150,230 $ 68,000
Kewaunee, Wisconsin 26 $ 3,501,000 $ 134,653 $ 63,000
Green, Wisconsin 23 $ 3,187,000 $ 138,565 $ 71,000
Barron, Wisconsin 22 $ 3,194,000 $ 145,181 $ 59,000
Lincoln, Wisconsin 21 $ 2,305,000 $ 109,761 $ 57,000
Waushara, Wisconsin 21 $ 2,344,000 $ 111,619 $ 55,000
Bayfield, Wisconsin 18 $ 2,033,000 $ 112,944 $ 48,000
Grant, Wisconsin 18 $ 3,267,000 $ 181,500 $ 75,000
Sawyer, Wisconsin 18 $ 1,881,000 $ 104,500 $ 50,000
Jackson, Wisconsin 17 $ 1,689,000 $ 99,352 $ 48,000
Taylor, Wisconsin 17 $ 1,745,000 $ 102,647 $ 46,000
Buffalo, Wisconsin 16 $ 1,605,000 $ 100,312 $ 53,000
Green Lake, Wisconsin 16 $ 1,491,000 $ 93,187 $ 51,000
Trempealeau, Wisconsin 16 $ 1,515,000 $ 94,687 $ 47,000
Iowa, Wisconsin 15 $ 1,760,000 $ 117,333 $ 58,000
Adams, Wisconsin 14 $ 1,562,000 $ 111,571 $ 62,000
Door, Wisconsin 14 $ 1,882,000 $ 134,428 $ 63,000
Langlade, Wisconsin 14 $ 1,460,000 $ 104,285 $ 52,000
Ashland, Wisconsin 13 $ 1,188,000 $ 91,384 $ 48,000
Burnett, Wisconsin 13 $ 2,111,000 $ 162,384 $ 60,000
Juneau, Wisconsin 12 $ 1,227,000 $ 102,250 $ 53,000
Vernon, Wisconsin 12 $ 1,575,000 $ 131,250 $ 43,000
Clark, Wisconsin 10 $ 861,000 $ 86,100 $ 46,000
Marquette, Wisconsin 10 $ 1,133,000 $ 113,300 $ 60,000
Houston, Minnesota 9 $ 1,447,000 $ 160,777 $ 70,000
Winona, Minnesota 9 $ 1,018,000 $ 113,111 $ 64,000
Price, Wisconsin 9 $ 491,000 $ 54,555 $ 36,000
Lafayette, Wisconsin 8 $ 957,000 $ 119,625 $ 65,000
Pepin, Wisconsin 8 $ 869,000 $ 108,625 $ 51,000
Washburn, Wisconsin 8 $ 1,276,000 $ 159,500 $ 59,000
Crawford, Wisconsin 7 $ 757,000 $ 108,142 $ 62,000
Iron, Wisconsin 5 $ 420,000 $ 84,000 $ 60,000
Richland, Wisconsin 4 $ 405,000 $ 101,250 $ 59,000
Fillmore, Minnesota 3 $ 414,000 $ 138,000 $ 63,000
Vilas, Wisconsin 3 $ 188,000 $ 62,666 $ 49,000
Dakota, Minnesota 2 $ 741,000 $ 370,500 $ 90,000
Wabasha, Minnesota 2 $ 223,000 $ 111,500 $ 95,000
Florence, Wisconsin 2 $ 380,000 $ 190,000 $ 45,000
Menominee, Wisconsin 2 $ 127,000 $ 63,500 $ 39,000
Riverside, California 1 $ 85,000 $ 85,000 $ 78,000
Volusia, Florida 1 $ 240,000 $ 240,000 $ 109,000
Macon, Georgia 1 $ 263,000 $ 263,000 $ 62,000
Cook, Illinois 1 $ 100,000 $ 100,000 $ 72,000
Kane, Illinois 1 $ 300,000 $ 300,000 $ 28,000
Winnebago, Illinois 1 $ 140,000 $ 140,000 $ 74,000
Dickinson, Michigan 1 $ 68,000 $ 68,000 $ 63,000
Menominee, Michigan 1 $ 127,000 $ 127,000 $ 85,000
Goodhue, Minnesota 1 $ 42,000 $ 42,000 $ 97,000
Olmsted, Minnesota 1 $ 140,000 $ 140,000 $ 90,000
Steele, Minnesota 1 $ 246,000 $ 246,000 $ 83,000
Washington, Minnesota 1 $ 600,000 $ 600,000 $ 94,000
Spink, South Dakota 1 $ 7,000 $ 7,000 $ 49,000
Forest, Wisconsin 1 $ 85,000 $ 85,000 $ 32,000

Mortgage Loan Application Detail Totals for Wells Fargo Finl Wisconsin Inc in 2006

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 4,682 $622,941,000 $133,000 $1,500,000 $64,000 $729,000
Home Improvement 312 $25,331,000 $81,000 $420,000 $63,000 $600,000
Home Purchase 19 $1,392,000 $73,000 $225,000 $61,000 $168,000

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 3,971 $524,170,000 $131,000 $1,500,000 $65,000 $729,000
Black or African American 547 $64,259,000 $117,000 $1,200,000 $58,000 $282,000
Hispanic 241 $29,157,000 $120,000 $1,100,000 $55,000 $400,000
Not Provided 129 $15,621,000 $121,000 $545,000 $67,000 $341,000
Asian 62 $8,392,000 $135,000 $685,000 $80,000 $490,000
American Indian or Alaskan Native 52 $6,480,000 $124,000 $380,000 $60,000 $138,000
Native Hawaiian or Other Pacific Islander 11 $1,585,000 $144,000 $240,000 $70,000 $157,000
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) 5,013 $649,664,000 $129,000 $1,500,000 $64,000 $729,000
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 2,082 $272,676,000 $130,000 $1,500,000 $60,000 $490,000
Application Withdrawn By Applicant 1,560 $195,858,000 $125,000 $1,100,000 $69,000 $600,000
Loan Originated 1,213 $159,568,000 $131,000 $1,223,000 $65,000 $729,000
File Closed For Incompleteness 137 $18,551,000 $135,000 $425,000 $66,000 $205,000
Application Approved But Not Accepted 21 $3,011,000 $143,000 $220,000 $57,000 $112,000
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 2006 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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