Nome, AK Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 136 mortgage applications in Nome, AK totaling $22.2 million, down 22% from 2007. The average application was for $163,000, and applicants reported an average income of $83,000. 39% of applications resulted in an originated loan and 21% were denied. The most active lender was Wells Fargo Bank, NA, with 62 applications, followed by Residential Mortgage, LLC and Wells Fargo Fin'l Alaska, Inc.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 136
Total Mortgage Loan Application Amount $22,187,000
Average Mortgage Loan Application Amount $163,000
Highest Mortgage Loan Application Amount $396,000
Average Applicant Income $83,000
Highest Applicant Income $260,000

Mortgage Company List for Lending in Nome, AK for 2008

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 62 $ 10,184,000
Residential Mortgage, LLC
100 CALAIS DRIVE
ANCHORAGE, AK 99515
* $ 10,000,000 22 $ 4,824,000
Wells Fargo Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 12 $ 936,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 540,992,000 9 $ 845,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 6 $ 1,362,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 4 $ 493,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 4 $ 804,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 3 $ 291,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 2 $ 442,000
Alaska USA Mortgage Co., LLC
PO BOX 196850
ANCHORAGE, AK 99519
* $ 1,485,079,000 2 $ 422,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 2 $ 368,000
Wachovia Mortgage FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 1 $ 115,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 1 $ 247,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 106,000
Residential Funding Corp. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 32,000

The tables below break down 2008 mortgage applications in Nome, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Nome, AK in 2008

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 65 $13,723,000 $211,000 $396,000 $89,000 $203,000
Refinancing 50 $7,342,000 $146,000 $320,000 $75,000 $193,000
Home Improvement 21 $1,122,000 $53,000 $198,000 $82,000 $260,000

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 72 $12,988,000 $180,000 $361,000 $92,000 $260,000
American Indian or Alaskan Native 51 $7,537,000 $147,000 $396,000 $78,000 $170,000
Not Provided 8 $1,014,000 $126,000 $226,000 $61,000 $85,000
Not applicable 3 $351,000 $117,000 $189,000 $0 $0
Black or African American 1 $50,000 $50,000 $50,000 $134,000 $134,000
Hispanic 1 $247,000 $247,000 $247,000 $125,000 $125,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 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) 92 $12,411,000 $134,000 $333,000 $82,000 $260,000
FHA-insured (Federal Housing Administration) 28 $6,033,000 $215,000 $396,000 $94,000 $153,000
VA-guaranteed (Veterans Administration) 10 $2,538,000 $253,000 $361,000 $78,000 $154,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $1,205,000 $200,000 $311,000 $62,000 $133,000

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 53 $9,689,000 $182,000 $357,000 $90,000 $203,000
Application Denied By Financial Institution 28 $2,758,000 $98,000 $396,000 $74,000 $260,000
Application Withdrawn By Applicant 23 $3,979,000 $173,000 $361,000 $85,000 $193,000
Loan Purchased By The Institution 21 $4,308,000 $205,000 $357,000 $73,000 $157,000
Application Approved But Not Accepted 6 $793,000 $132,000 $214,000 $100,000 $187,000
File Closed For Incompleteness 5 $660,000 $132,000 $260,000 $67,000 $134,000
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
Credit History 7 $558,000 $79,000 $188,000 $89,000 $240,000
Collateral 4 $574,000 $143,000 $256,000 $97,000 $170,000
Debt-To-Income Ratio 3 $254,000 $84,000 $199,000 $4,000 $12,000
Other 2 $115,000 $57,000 $90,000 $153,000 $260,000
Unverifiable Information 1 $396,000 $396,000 $396,000 $120,000 $120,000
Credit Application Incomplete 1 $25,000 $25,000 $25,000 $42,000 $42,000
Mortgage Insurance Denied 1 $225,000 $225,000 $225,000 $60,000 $60,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 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