Prince of Wales-Outer Ketchikan, AK Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 137 mortgage applications in Prince of Wales-Outer Ketchikan, AK totaling $17.1 million, down 1% from 2005. The average application was for $124,000, and applicants reported an average income of $63,000. 32% of applications resulted in an originated loan and 37% were denied. The most active lender was Wells Fargo Fin'l Alaska, Inc, with 42 applications, followed by Wells Fargo Bank, NA and Countrywide Home Loans.

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Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 137
Total Mortgage Loan Application Amount $17,077,000
Average Mortgage Loan Application Amount $124,000
Highest Mortgage Loan Application Amount $424,000
Average Applicant Income $63,000
Highest Applicant Income $554,000

Mortgage Company List for Lending in Prince of Wales-Outer Ketchikan, AK for 2006

* 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 Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 42 $ 4,116,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 403,258,000,000 33 $ 4,704,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 175,085,370,000 8 $ 1,317,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 6 $ 413,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 69,482,177,000 5 $ 513,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 503,236,000 4 $ 232,000
BNC Mortgage
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 3 $ 450,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 435,000
United Financial Mortgage Corp
815 COMMERCE DRIVE SUITE 100
OAK BROOK, IL 60523
* $ 10,000,000 2 $ 341,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 170,000
Accredited Home Lenders, Inc
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 2 $ 305,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 2 $ 132,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 2 $ 445,000
American Home Mortgage Corp.
538 BROADHOLLOW RD
MELVILLE, NY 11747
* $ 10,000,000 2 $ 211,000
New Century Mortgage Corporati
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 2 $ 236,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 22,481,092,000 2 $ 276,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 1 $ 145,000
Long Beach Mortgage Co.
227 EAST AVENUE
ALBION, NY 14411
* $ 330,706,384,000 1 $ 153,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 1 $ 322,000
United Mortgage Corp
510 BROADHOLLOW ROAD, SUITE 202
MELVILLE, NY 11747
* $ 10,000,000 1 $ 112,000
Option One Mortgage Corp
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 248,000
Alliance Bancorp
1000 MARINA BOULEVARD #100
BRISBANE, CA 94005
* $ 719,825,000 1 $ 209,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 706,497,000 1 $ 88,000
Greenlight Financial Services
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 160,000
Taylor, Bean & Whitaker
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 1 $ 322,000
Wilmington Finance, Inc.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 88,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 248,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 124,000
Southstar Funding, LLC
400 NORTHRDIGE ROAD, SUITE 1000
ATLANTA, GA 30350
* $ 10,000,000 1 $ 32,000

The tables below break down 2006 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 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 96 $12,136,000 $126,000 $279,000 $62,000 $554,000
Home Purchase 28 $4,443,000 $158,000 $424,000 $65,000 $228,000
Home Improvement 13 $498,000 $38,000 $160,000 $62,000 $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 62 $9,519,000 $153,000 $424,000 $68,000 $554,000
American Indian or Alaskan Native 45 $3,857,000 $85,000 $256,000 $54,000 $260,000
Not Provided 24 $2,853,000 $118,000 $208,000 $66,000 $228,000
Native Hawaiian or Other Pacific Islander 2 $420,000 $210,000 $322,000 $96,000 $151,000
Not applicable 2 $246,000 $123,000 $158,000 $43,000 $51,000
Asian 1 $150,000 $150,000 $150,000 $38,000 $38,000
Hispanic 1 $32,000 $32,000 $32,000 $57,000 $57,000
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) 127 $15,172,000 $119,000 $424,000 $63,000 $554,000
VA-guaranteed (Veterans Administration) 7 $1,516,000 $216,000 $322,000 $78,000 $156,000
FHA-insured (Federal Housing Administration) 3 $389,000 $129,000 $178,000 $44,000 $95,000
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 51 $5,407,000 $106,000 $279,000 $58,000 $260,000
Loan Originated 44 $6,932,000 $157,000 $424,000 $63,000 $223,000
Application Withdrawn By Applicant 27 $2,802,000 $103,000 $260,000 $74,000 $554,000
Loan Purchased By The Institution 9 $1,355,000 $150,000 $322,000 $70,000 $151,000
File Closed For Incompleteness 3 $305,000 $101,000 $175,000 $61,000 $98,000
Application Approved But Not Accepted 3 $276,000 $92,000 $145,000 $35,000 $54,000
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 11 $426,000 $38,000 $125,000 $62,000 $260,000
Other 9 $1,205,000 $133,000 $248,000 $80,000 $228,000
Collateral 5 $747,000 $149,000 $248,000 $94,000 $147,000
Debt-To-Income Ratio 2 $140,000 $70,000 $115,000 $19,000 $20,000
Employment History 2 $384,000 $192,000 $279,000 $33,000 $34,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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.

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