Skagway-Hoonah-Angoon, AK Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 74 mortgage applications in Skagway-Hoonah-Angoon, AK totaling $13.9 million, down 1% from 2008. The average application was for $188,000, and applicants reported an average income of $66,000. 41% of applications resulted in an originated loan and 23% were denied. The most active lender was Wells Fargo Bank, NA, with 36 applications, followed by Residential Mortgage, LLC and Wells Fargo Funding, Inc.

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Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 74
Total Mortgage Loan Application Amount $13,947,000
Average Mortgage Loan Application Amount $188,000
Highest Mortgage Loan Application Amount $344,000
Average Applicant Income $66,000
Highest Applicant Income $408,000
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Top Mortgage Lenders in Skagway-Hoonah-Angoon, AK (2009)

Ranked by the number of mortgage applications each lender reported in Skagway-Hoonah-Angoon, AK in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank, NA
Des Moines, IA
36 $6,243,000 $173,000 $64,000
2 Residential Mortgage, LLC
Anchorage, AK
7 $1,896,000 $270,000 $72,000
3 Wells Fargo Funding, Inc
Winston-Salem, NC
6 $1,588,000 $264,000 $51,000
4 First National Bank Alaska
Anchorage, AK
3 $628,000 $209,000 $98,000
5 Bank of America, N.A.
Calabasas, CA
3 $377,000 $125,000 $52,000
6 Global Federal Credit Union
Anchorage, AK
3 $452,000 $150,000 $115,000
7 JPMorgan Chase Bank, NA
Columbus, OH
2 $390,000 $195,000 $46,000
8 Keybank National Association
Cleveland, OH
2 $243,000 $121,000 $49,000
9 National Bank of Kansas City
Overland Park, KS
1 $344,000 $344,000 $66,000
10 Citimortgage, Inc
New York, NY
1 $126,000 $126,000 $408,000

See every lender active in Skagway-Hoonah-Angoon, AK in 2009 »

The tables below break down 2009 mortgage applications in Skagway-Hoonah-Angoon, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Skagway-Hoonah-Angoon, AK in 2009

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 48 $9,589,000 $199,000 $344,000 $69,000 $408,000
Home Purchase 21 $4,108,000 $195,000 $334,000 $65,000 $137,000
Home Improvement 5 $250,000 $50,000 $90,000 $51,000 $66,000

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 57 $11,129,000 $195,000 $344,000 $68,000 $200,000
American Indian or Alaskan Native 7 $902,000 $128,000 $276,000 $44,000 $73,000
Not Provided 5 $1,084,000 $216,000 $334,000 $54,000 $99,000
Not applicable 4 $662,000 $165,000 $307,000 $102,000 $408,000
Hispanic 1 $170,000 $170,000 $170,000 $61,000 $61,000
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) 55 $9,813,000 $178,000 $336,000 $74,000 $408,000
FHA-insured (Federal Housing Administration) 16 $3,425,000 $214,000 $344,000 $49,000 $137,000
VA-guaranteed (Veterans Administration) 3 $709,000 $236,000 $276,000 $16,000 $50,000
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
Loan Originated 30 $5,818,000 $193,000 $336,000 $66,000 $200,000
Application Denied By Financial Institution 17 $2,812,000 $165,000 $344,000 $63,000 $137,000
Loan Purchased By The Institution 11 $2,480,000 $225,000 $336,000 $74,000 $408,000
Application Withdrawn By Applicant 10 $1,796,000 $179,000 $315,000 $65,000 $105,000
Application Approved But Not Accepted 5 $776,000 $155,000 $213,000 $55,000 $73,000
File Closed For Incompleteness 1 $265,000 $265,000 $265,000 $115,000 $115,000
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 5 $1,116,000 $223,000 $344,000 $81,000 $124,000
Debt-To-Income Ratio 5 $772,000 $154,000 $213,000 $56,000 $80,000
Other 2 $141,000 $70,000 $111,000 $49,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 1 $276,000 $276,000 $276,000 $137,000 $137,000
Credit Application Incomplete 1 $170,000 $170,000 $170,000 $61,000 $61,000
Credit History 1 $20,000 $20,000 $20,000 $44,000 $44,000
Employment History 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