Prince of Wales-Outer Ketchikan, AK Mortgage Lenders & HMDA Data, 2010

In 2010, lenders reported 61 mortgage applications in Prince of Wales-Outer Ketchikan, AK totaling $8.9 million, down 41% from 2009. The average application was for $146,000, and applicants reported an average income of $80,000. 26% of applications resulted in an originated loan and 36% were denied. The most active lender was Wells Fargo Bank, NA, with 37 applications, followed by Qr Lending Inc and Alaska USA Mortgage Co., LLC.

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Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 61
Total Mortgage Loan Application Amount $8,944,000
Average Mortgage Loan Application Amount $146,000
Highest Mortgage Loan Application Amount $377,000
Average Applicant Income $80,000
Highest Applicant Income $457,000

Mortgage Company List for Lending in Prince of Wales-Outer Ketchikan, AK for 2010

* 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
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,778,000,000 37 $ 5,028,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 6 $ 830,000
Alaska USA Mortgage Co., LLC
PO BOX 196850
ANCHORAGE, AK 99519
* $ 1,485,079,000 3 $ 450,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,627,684,000,000 2 $ 310,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 332,000
Keybank National Association
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 90,179,122,000 2 $ 539,000
Colonial Savings, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 964,882,000 1 $ 217,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 37,922,355,000 1 $ 228,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 14,483,100,000 1 $ 94,000
Inspirus Credit Union
5200 SOUTHCENTER BLVD
SEATTLE, WA 98188
* $ 726,342,000 1 $ 10,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 276,376,130,000 1 $ 115,000
Residential Mortgage, LLC
100 CALAIS DRIVE
ANCHORAGE, AK 99515
* $ 10,000,000 1 $ 186,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 1 $ 212,000

The tables below break down 2010 mortgage applications in Prince of Wales-Outer Ketchikan, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Prince of Wales-Outer Ketchikan, AK in 2010

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 32 $5,252,000 $164,000 $300,000 $93,000 $457,000
Home Purchase 18 $3,104,000 $172,000 $306,000 $79,000 $288,000
Home Improvement 11 $588,000 $53,000 $377,000 $43,000 $78,000

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 37 $6,562,000 $177,000 $377,000 $97,000 $457,000
American Indian or Alaskan Native 12 $782,000 $65,000 $190,000 $44,000 $82,000
Not Provided 10 $1,482,000 $148,000 $306,000 $72,000 $148,000
Not applicable 1 $115,000 $115,000 $115,000 $0 $0
Black or African American 1 $3,000 $3,000 $3,000 $23,000 $23,000
Hispanic 0 $0 $0 $0 $0 $0
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) 39 $4,974,000 $127,000 $300,000 $78,000 $457,000
FHA-insured (Federal Housing Administration) 18 $3,207,000 $178,000 $377,000 $88,000 $291,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $446,000 $223,000 $306,000 $59,000 $83,000
VA-guaranteed (Veterans Administration) 2 $317,000 $158,000 $186,000 $55,000 $64,000

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
Application Denied By Financial Institution 22 $2,761,000 $125,000 $377,000 $72,000 $457,000
Loan Originated 16 $2,806,000 $175,000 $306,000 $81,000 $291,000
Application Withdrawn By Applicant 11 $1,637,000 $148,000 $300,000 $105,000 $288,000
Loan Purchased By The Institution 5 $757,000 $151,000 $188,000 $40,000 $56,000
Application Approved But Not Accepted 4 $603,000 $150,000 $276,000 $123,000 $274,000
File Closed For Incompleteness 3 $380,000 $126,000 $165,000 $52,000 $60,000
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 Application Incomplete 7 $1,324,000 $189,000 $377,000 $61,000 $104,000
Credit History 6 $85,000 $14,000 $30,000 $40,000 $78,000
Collateral 5 $939,000 $187,000 $233,000 $143,000 $457,000
Other 2 $202,000 $101,000 $147,000 $81,000 $104,000
Debt-To-Income Ratio 1 $94,000 $94,000 $94,000 $14,000 $14,000
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
Unverifiable Information 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