Prince of Wales-Outer Ketchikan, AK Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 138 mortgage applications in Prince of Wales-Outer Ketchikan, AK totaling $16.6 million, up 14% from 2004. The average application was for $120,000, and applicants reported an average income of $64,000. 28% of applications resulted in an originated loan and 44% were denied. The most active lender was Wells Fargo Bank, NA, with 45 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 138
Total Mortgage Loan Application Amount $16,605,000
Average Mortgage Loan Application Amount $120,000
Highest Mortgage Loan Application Amount $468,000
Average Applicant Income $64,000
Highest Applicant Income $740,000

Mortgage Company List for Lending in Prince of Wales-Outer Ketchikan, AK for 2005

* 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
* $ 366,256,000,000 45 $ 5,978,000
Wells Fargo Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 155,445,000 27 $ 2,387,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 11 $ 1,072,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 128,495,705,000 10 $ 1,364,000
Long Beach Mortgage Co.
227 EAST AVENUE
ALBION, NY 14411
* $ 10,000,000 8 $ 378,000
Aegis Wholesale Corporation
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 4 $ 626,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ 2,147,556,000 2 $ 145,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 967,365,000,000 2 $ 412,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 484,630,000 2 $ 193,000
AMC Mortgage Services, Inc.
1100 TOWN & COUNTRY ROAD, SUITE 1100
IRVINE, CA 92868
* $ 10,000,000 2 $ 312,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 2 $ 219,000
Acoustic Home Loans, LLC
770 THE CITY DRIVE SOUTH, SUITE 1500
ORANGE, CA 92868
* $ 336,792,793,000 1 $ 213,000
Novastar Home Mortgage, Inc.
8140 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 10,000,000 1 $ 203,000
Global Federal Credit Union
PO BOX 196850
ANCHORAGE, AK 99503
* $ 2,480,506,000 1 $ 25,000
Indymac Bank, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 15,675,394,000 1 $ 203,000
Cuna Mutual Mortgage Corporati
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 1 $ 230,000
Abn Amro Mtg Group Inc
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 1 $ 128,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 771,618,758,000 1 $ 187,000
E*Trade Bank
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 25,545,577,000 1 $ 78,000
Mbna America Delaware, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 3,919,502,000 1 $ 55,000
E-Loan, Inc.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 1 $ 166,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 13,102,536,000 1 $ 102,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 208,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 1 $ 128,000
American Mortgage Network
10421 WATERIDGE CIR STE 250
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 135,000
BNC Mortgage
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 1 $ 117,000
Greenlight Financial Services
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 50,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 203,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 1 $ 188,000
Commonsense Mortgage, Inc.
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ 10,000,000 1 $ 144,000
Ge Money Bank
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 7,000,000,000 1 $ 4,000

The tables below break down 2005 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 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 71 $9,630,000 $135,000 $318,000 $69,000 $740,000
Home Purchase 40 $5,518,000 $137,000 $468,000 $58,000 $241,000
Home Improvement 27 $1,457,000 $53,000 $150,000 $58,000 $123,000

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 75 $9,670,000 $128,000 $318,000 $67,000 $480,000
Not Provided 35 $5,024,000 $143,000 $468,000 $81,000 $740,000
American Indian or Alaskan Native 25 $1,642,000 $65,000 $173,000 $33,000 $64,000
Asian 1 $65,000 $65,000 $65,000 $38,000 $38,000
Native Hawaiian or Other Pacific Islander 1 $17,000 $17,000 $17,000 $43,000 $43,000
Not applicable 1 $187,000 $187,000 $187,000 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 130 $14,967,000 $115,000 $468,000 $58,000 $480,000
FHA-insured (Federal Housing Administration) 6 $1,136,000 $189,000 $262,000 $288,000 $740,000
VA-guaranteed (Veterans Administration) 2 $502,000 $251,000 $252,000 $0 $0
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 61 $5,225,000 $85,000 $285,000 $63,000 $480,000
Loan Originated 39 $6,399,000 $164,000 $468,000 $57,000 $195,000
Application Withdrawn By Applicant 16 $1,342,000 $83,000 $250,000 $38,000 $123,000
Application Approved But Not Accepted 12 $2,106,000 $175,000 $318,000 $171,000 $740,000
File Closed For Incompleteness 6 $926,000 $154,000 $203,000 $50,000 $159,000
Loan Purchased By The Institution 4 $607,000 $151,000 $240,000 $54,000 $241,000
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 17 $1,019,000 $59,000 $285,000 $51,000 $144,000
Collateral 14 $1,723,000 $123,000 $213,000 $62,000 $114,000
Other 8 $433,000 $54,000 $128,000 $54,000 $96,000
Unverifiable Information 4 $347,000 $86,000 $160,000 $55,000 $92,000
Credit Application Incomplete 1 $78,000 $78,000 $78,000 $480,000 $480,000
Debt-To-Income Ratio 1 $104,000 $104,000 $104,000 $37,000 $37,000
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

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