Axia Financial LLC Mortgage Lending & HMDA Data, 2011

In 2011, Axia Financial LLC of Bellevue, WA reported 1,674 mortgage applications totaling $395.2 million, up 24% from 2010. The average application was for $236,093, and applicants reported an average income of $102,211. 88% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (864), Yakima, WA (301) and Tacoma, WA (144) (applications in parentheses).

Mortgage Company & Address Axia Financial LLC
1120 112th Ave Ne Ste 600
Bellevue, WA 98004
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 1,674
Total Mortgage Loan Application Amount $395,221,000
Average Mortgage Loan Application Amount $236,093
Highest Mortgage Loan Application Amount $1,360,000
Average Applicant Income $102,211
Highest Applicant Income $1,893,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Axia Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Axia Financial LLC by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 538 $ 156,937,000 $ 291,704 $ 119,000
Snohomish, Washington 326 $ 82,169,000 $ 252,052 $ 97,000
Yakima, Washington 301 $ 53,270,000 $ 176,976 $ 76,000
Pierce, Washington 144 $ 31,757,000 $ 220,534 $ 97,000
Cowlitz, Washington 112 $ 18,604,000 $ 166,107 $ 67,000
Kitsap, Washington 37 $ 8,225,000 $ 222,297 $ 108,000
Thurston, Washington 34 $ 6,616,000 $ 194,588 $ 102,000
Spokane, Washington 28 $ 5,158,000 $ 184,214 $ 79,000
Skagit, Washington 16 $ 4,084,000 $ 255,250 $ 123,000
Kittitas, Washington 11 $ 1,843,000 $ 167,545 $ 125,000
Mason, Washington 11 $ 2,815,000 $ 255,909 $ 104,000
Lewis, Washington 10 $ 1,861,000 $ 186,100 $ 85,000
Island, Washington 9 $ 2,405,000 $ 267,222 $ 93,000
Whatcom, Washington 9 $ 2,385,000 $ 265,000 $ 261,000
Grant, Washington 8 $ 1,214,000 $ 151,750 $ 167,000
Kootenai, Idaho 6 $ 1,092,000 $ 182,000 $ 90,000
Chelan, Washington 5 $ 1,625,000 $ 325,000 $ 113,000
Clark, Washington 5 $ 885,000 $ 177,000 $ 73,000
Los Angeles, California 4 $ 1,553,000 $ 388,250 $ 133,000
Benton, Washington 4 $ 576,000 $ 144,000 $ 83,000
Klickitat, Washington 4 $ 599,000 $ 149,750 $ 81,000
Whitman, Washington 4 $ 537,000 $ 134,250 $ 59,000
Marion, Oregon 3 $ 650,000 $ 216,666 $ 74,000
Multnomah, Oregon 3 $ 572,000 $ 190,666 $ 82,000
San Juan, Washington 3 $ 1,230,000 $ 410,000 $ 1,124,000
Fresno, California 2 $ 198,000 $ 99,000 $ 137,000
Anoka, Minnesota 2 $ 130,000 $ 65,000 $ 49,000
Hennepin, Minnesota 2 $ 123,000 $ 61,500 $ 30,000
Columbia, Oregon 2 $ 402,000 $ 201,000 $ 68,000
Lane, Oregon 2 $ 440,000 $ 220,000 $ 34,000
Clallam, Washington 2 $ 442,000 $ 221,000 $ 66,000
Grays Harbor, Washington 2 $ 463,000 $ 231,500 $ 169,000
Okanogan, Washington 2 $ 300,000 $ 150,000 $ 73,000
Calaveras, California 1 $ 182,000 $ 182,000 $ 44,000
Orange, California 1 $ 520,000 $ 520,000 $ 147,000
San Diego, California 1 $ 338,000 $ 338,000 $ 1,893,000
Sonoma, California 1 $ 43,000 $ 43,000 $ 18,000
Ventura, California 1 $ 149,000 $ 149,000 $ 24,000
Larimer, Colorado 1 $ 138,000 $ 138,000 $ 31,000
Bannock, Idaho 1 $ 199,000 $ 199,000 $ 72,000
Blaine, Idaho 1 $ 169,000 $ 169,000 $ 294,000
Franklin, Idaho 1 $ 63,000 $ 63,000 $ 14,000
Power, Idaho 1 $ 83,000 $ 83,000 $ 22,000
Douglas, Minnesota 1 $ 84,000 $ 84,000 $ 13,000
Fillmore, Minnesota 1 $ 39,000 $ 39,000 $ 10,000
McLeod, Minnesota 1 $ 57,000 $ 57,000 $ 11,000
Clackamas, Oregon 1 $ 416,000 $ 416,000 $ 93,000
Douglas, Oregon 1 $ 80,000 $ 80,000 $ 68,000
Jackson, Oregon 1 $ 109,000 $ 109,000 $ 125,000
Washington, Oregon 1 $ 275,000 $ 275,000 $ 105,000
Douglas, Washington 1 $ 207,000 $ 207,000 $ 63,000
Franklin, Washington 1 $ 270,000 $ 270,000 $ 71,000
Jefferson, Washington 1 $ 336,000 $ 336,000 $ 75,000
Pacific, Washington 1 $ 60,000 $ 60,000 $ 48,000
Stevens, Washington 1 $ 84,000 $ 84,000 $ 12,000
Wahkiakum, Washington 1 $ 160,000 $ 160,000 $ 66,000

Mortgage Loan Application Detail Totals for Axia Financial LLC in 2011

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 946 $235,491,000 $248,000 $827,000 $113,000 $1,893,000
Home Purchase 714 $157,236,000 $220,000 $1,360,000 $88,000 $1,112,000
Home Improvement 14 $2,494,000 $178,000 $325,000 $98,000 $214,000

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 1,327 $314,355,000 $236,000 $1,360,000 $104,000 $1,893,000
Not Provided 141 $36,297,000 $257,000 $593,000 $108,000 $754,000
Hispanic 88 $15,069,000 $171,000 $531,000 $73,000 $559,000
Asian 72 $18,951,000 $263,000 $531,000 $104,000 $300,000
Black or African American 26 $5,786,000 $222,000 $484,000 $76,000 $187,000
Native Hawaiian or Other Pacific Islander 13 $3,463,000 $266,000 $371,000 $79,000 $130,000
American Indian or Alaskan Native 7 $1,300,000 $185,000 $229,000 $128,000 $216,000
Not applicable 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) 1,092 $267,420,000 $244,000 $1,360,000 $120,000 $1,893,000
FHA-insured (Federal Housing Administration) 418 $91,112,000 $217,000 $573,000 $71,000 $567,000
VA-guaranteed (Veterans Administration) 103 $26,190,000 $254,000 $827,000 $76,000 $245,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 61 $10,499,000 $172,000 $333,000 $50,000 $87,000

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
Loan Originated 1,478 $347,943,000 $235,000 $910,000 $100,000 $1,543,000
Application Approved But Not Accepted 81 $19,410,000 $239,000 $729,000 $101,000 $411,000
Application Denied By Financial Institution 75 $17,136,000 $228,000 $1,360,000 $113,000 $1,893,000
File Closed For Incompleteness 28 $7,484,000 $267,000 $593,000 $161,000 $1,543,000
Application Withdrawn By Applicant 12 $3,248,000 $270,000 $568,000 $151,000 $266,000
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
Collateral 18 $3,998,000 $222,000 $1,360,000 $128,000 $1,112,000
Debt-To-Income Ratio 12 $2,946,000 $245,000 $827,000 $55,000 $157,000
Employment History 10 $1,669,000 $166,000 $222,000 $44,000 $65,000
Other 9 $2,900,000 $322,000 $523,000 $83,000 $114,000
Unverifiable Information 9 $1,768,000 $196,000 $338,000 $350,000 $1,893,000
Credit History 5 $1,364,000 $272,000 $545,000 $83,000 $170,000
Insufficient Cash (Downpayment, Closing Cost) 3 $926,000 $308,000 $460,000 $85,000 $129,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Axia Financial LLC's 2011 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Axia Financial LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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