Prince of Wales-Outer Ketchikan, AK Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 136 mortgage applications in Prince of Wales-Outer Ketchikan, AK totaling $19.0 million, down 1% from 2006. The average application was for $139,000, and applicants reported an average income of $63,000. 26% of applications resulted in an originated loan and 38% were denied. The most active lender was Wells Fargo Bank, NA, with 48 applications, followed by Wells Fargo Fin'l Alaska, Inc and Countrywide Home Loans.

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Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 136
Total Mortgage Loan Application Amount $18,964,000
Average Mortgage Loan Application Amount $139,000
Highest Mortgage Loan Application Amount $696,000
Average Applicant Income $63,000
Highest Applicant Income $250,000

Mortgage Company List for Lending in Prince of Wales-Outer Ketchikan, AK for 2007

* 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
* $ 398,671,000,000 48 $ 6,088,000
Wells Fargo Fin'l Alaska, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 28 $ 2,657,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 12 $ 1,633,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 6 $ 824,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 92,836,714,000 3 $ 698,000
BNC Mortgage
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 3 $ 501,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 3 $ 385,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 15,464,820,000 2 $ 318,000
Franklin Bank SSB
9800 RICHMOND, SUITE 680
HOUSTON, TX 77042
* $ 5,533,327,000 2 $ 390,000
Indymac Bank, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 28,740,902,000 2 $ 478,000
Refinance.Com
60 OAK DRIVE
SYOSSET, NY 11791
* $ 68,108,000 2 $ 284,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,179,390,000,000 2 $ 280,000
Alaska USA Mortgage Co., LLC
PO BOX 196850
ANCHORAGE, AK 99519
* $ 1,485,079,000 2 $ 300,000
Wilmington Finance, Inc.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 131,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 360,000
Advent Mortgage, LLC
305 N HURSTBOURNE LN. SUITE 120
LOUISVILLE, KY 40222
* $ 436,077,000 1 $ 95,000
Tmg Real Estate & Financial
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 1 $ 98,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 696,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 134,344,792,000 1 $ 149,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 1 $ 90,000
E*Trade Bank
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 41,551,082,000 1 $ 68,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 19,937,022,000 1 $ 147,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 1 $ 180,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 514,869,000 1 $ 59,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ 2,273,380,000 1 $ 164,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,196,123,794,000 1 $ 147,000

The tables below break down 2007 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 2007

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 55 $9,396,000 $170,000 $696,000 $67,000 $250,000
Home Purchase 48 $7,371,000 $153,000 $477,000 $72,000 $201,000
Home Improvement 33 $2,197,000 $66,000 $336,000 $43,000 $162,000

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 $13,687,000 $182,000 $696,000 $74,000 $250,000
American Indian or Alaskan Native 45 $3,192,000 $70,000 $300,000 $46,000 $162,000
Not Provided 12 $1,272,000 $106,000 $208,000 $66,000 $168,000
Not applicable 2 $417,000 $208,000 $270,000 $0 $0
Hispanic 2 $396,000 $198,000 $200,000 $89,000 $128,000
Native Hawaiian or Other Pacific Islander 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) 122 $16,887,000 $138,000 $696,000 $64,000 $250,000
FHA-insured (Federal Housing Administration) 11 $1,457,000 $132,000 $193,000 $48,000 $91,000
VA-guaranteed (Veterans Administration) 2 $480,000 $240,000 $271,000 $47,000 $54,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $140,000 $140,000 $140,000 $76,000 $76,000

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 52 $6,466,000 $124,000 $696,000 $57,000 $250,000
Loan Originated 36 $6,503,000 $180,000 $477,000 $72,000 $201,000
Application Withdrawn By Applicant 16 $1,499,000 $93,000 $190,000 $45,000 $96,000
File Closed For Incompleteness 12 $1,537,000 $128,000 $360,000 $82,000 $189,000
Loan Purchased By The Institution 12 $2,161,000 $180,000 $369,000 $71,000 $179,000
Application Approved But Not Accepted 8 $798,000 $99,000 $180,000 $53,000 $107,000
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
Collateral 11 $1,794,000 $163,000 $371,000 $64,000 $125,000
Credit History 10 $337,000 $33,000 $149,000 $28,000 $77,000
Credit Application Incomplete 7 $1,036,000 $148,000 $300,000 $84,000 $168,000
Debt-To-Income Ratio 3 $227,000 $75,000 $122,000 $38,000 $41,000
Other 3 $408,000 $136,000 $180,000 $63,000 $75,000
Unverifiable Information 2 $325,000 $162,000 $216,000 $95,000 $114,000
Insufficient Cash (Downpayment, Closing Cost) 1 $147,000 $147,000 $147,000 $102,000 $102,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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