Prince of Wales-Outer Ketchikan, AK Mortgage Lenders & HMDA Data, 2004

In 2004, lenders reported 121 mortgage applications in Prince of Wales-Outer Ketchikan, AK totaling $13.0 million, down 5% from 2003. The average application was for $107,000, and applicants reported an average income of $54,000. 38% of applications resulted in an originated loan and 39% were denied. The most active lender was Wells Fargo Bank, NA, with 53 applications, followed by Wells Fargo Fin'l Alaska, Inc and Gmac Mortgage LLC.

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Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 121
Total Mortgage Loan Application Amount $12,977,000
Average Mortgage Loan Application Amount $107,000
Highest Mortgage Loan Application Amount $296,000
Average Applicant Income $54,000
Highest Applicant Income $245,000

Mortgage Company List for Lending in Prince of Wales-Outer Ketchikan, AK for 2004

* 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
* $ 250,474,000,000 53 $ 6,431,000
Wells Fargo Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 34,311,813,000 20 $ 1,507,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 10 $ 760,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 97,957,619,000 5 $ 658,000
AMC Mortgage Services, Inc.
1100 TOWN & COUNTRY ROAD, SUITE 1100
IRVINE, CA 92868
* $ 10,000,000 5 $ 578,000
Indymac Bank, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 13,189,979,000 3 $ 253,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 3 $ 392,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 458,320,000 3 $ 118,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 10,551,758,000 3 $ 197,000
Corinthian Mortgage Corp
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 2 $ 120,000
Calusa Investments, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 2 $ 315,000
National City Bank of Indiana
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 42,548,912,000 1 $ 228,000
Gmac Bank
4 WALNUT GROVE
HORSHAM, PA 19044
* $ 2,615,181,000 1 $ 58,000
Macquarie Mortgages USA, Inc.
10151 DEERWOOD PARK BLDG 100, SUITE 500
JACKSONVILLE,, FL 32256
* $ 10,000,000 1 $ 290,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 1 $ 96,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 13,721,232,000 1 $ 142,000
E-Loan, Inc.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 1 $ 200,000
Mbna America Delaware, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 2,032,341,000 1 $ 21,000
American Mortgage Express
10251 VISTA SORRENTO PARKWAY
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 100,000
Aegis Wholesale Corporation
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 1 $ 64,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,211,122,000 1 $ 70,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ 2,200,677,000 1 $ 99,000
Chase Manhattan Mortgage Corp.
194 WOOD AVENUE SOUTH
ISELIN, NJ 08830
* $ 770,912,000 1 $ 280,000

The tables below break down 2004 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 2004

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 74 $8,250,000 $111,000 $296,000 $49,000 $133,000
Home Purchase 27 $4,028,000 $149,000 $280,000 $70,000 $245,000
Home Improvement 20 $699,000 $34,000 $96,000 $50,000 $126,000

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 59 $7,722,000 $130,000 $290,000 $63,000 $181,000
American Indian or Alaskan Native 37 $2,606,000 $70,000 $230,000 $41,000 $86,000
Not Provided 22 $2,336,000 $106,000 $296,000 $55,000 $245,000
Hispanic 3 $313,000 $104,000 $150,000 $42,000 $72,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 107 $11,159,000 $104,000 $296,000 $56,000 $245,000
FHA-insured (Federal Housing Administration) 7 $732,000 $104,000 $152,000 $43,000 $83,000
VA-guaranteed (Veterans Administration) 7 $1,086,000 $155,000 $238,000 $40,000 $98,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 47 $3,927,000 $83,000 $296,000 $48,000 $181,000
Loan Originated 46 $6,344,000 $137,000 $280,000 $69,000 $245,000
Application Withdrawn By Applicant 17 $1,484,000 $87,000 $180,000 $45,000 $83,000
Application Approved But Not Accepted 8 $922,000 $115,000 $200,000 $57,000 $110,000
File Closed For Incompleteness 3 $300,000 $100,000 $180,000 $30,000 $36,000
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
Credit History 14 $477,000 $34,000 $104,000 $25,000 $65,000
Collateral 11 $1,062,000 $96,000 $196,000 $45,000 $92,000
Other 11 $1,086,000 $98,000 $240,000 $51,000 $181,000
Debt-To-Income Ratio 3 $699,000 $233,000 $296,000 $91,000 $133,000
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
Credit Application Incomplete 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