Boeing Employees Credit Union Mortgage Lending & HMDA Data, 2012

In 2012, Boeing Employees Credit Union of Tukwila, WA reported 16,811 mortgage applications totaling $3.3 billion, up 10% from 2011. The average application was for $198,656, and applicants reported an average income of $96,113. 47% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (10,679), Tacoma, WA (2,009) and Bremerton-Silverdale, WA (262) (applications in parentheses).

Mortgage Company & Address Boeing Employees Credit Union
12770 Gateway Drive
Tukwila, WA 98168
Tel #: available with data download
Federal Regulator * available with data download
Years 2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 16,811
Total Mortgage Loan Application Amount $3,339,614,000
Average Mortgage Loan Application Amount $198,656
Highest Mortgage Loan Application Amount $3,500,000
Average Applicant Income $96,113
Highest Applicant Income $2,030,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Boeing Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Boeing Employees Credit Union by County in 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 7,279 $ 1,577,144,000 $ 216,670 $ 104,000
Snohomish, Washington 3,400 $ 661,726,000 $ 194,625 $ 97,000
Pierce, Washington 2,009 $ 346,355,000 $ 172,401 $ 90,000
Kitsap, Washington 262 $ 51,707,000 $ 197,354 $ 96,000
Thurston, Washington 259 $ 43,561,000 $ 168,189 $ 92,000
Island, Washington 207 $ 42,559,000 $ 205,599 $ 97,000
Skagit, Washington 166 $ 28,954,000 $ 174,421 $ 89,000
Maricopa, Arizona 152 $ 23,115,000 $ 152,072 $ 103,000
Grays Harbor, Washington 80 $ 10,706,000 $ 133,825 $ 94,000
Whatcom, Washington 78 $ 14,516,000 $ 186,102 $ 100,000
Mason, Washington 73 $ 11,118,000 $ 152,301 $ 108,000
Spokane, Washington 67 $ 10,543,000 $ 157,358 $ 94,000
Chelan, Washington 62 $ 12,245,000 $ 197,500 $ 122,000
Kittitas, Washington 53 $ 7,681,000 $ 144,924 $ 107,000
Jefferson, Washington 47 $ 8,504,000 $ 180,936 $ 104,000
Lewis, Washington 43 $ 5,425,000 $ 126,162 $ 94,000
Clark, Washington 35 $ 6,392,000 $ 182,628 $ 105,000
Pima, Arizona 34 $ 5,302,000 $ 155,941 $ 97,000
Riverside, California 32 $ 7,020,000 $ 219,375 $ 138,000
San Juan, Washington 32 $ 7,928,000 $ 247,750 $ 143,000
Clallam, Washington 31 $ 6,510,000 $ 210,000 $ 91,000
Grant, Washington 31 $ 4,151,000 $ 133,903 $ 99,000
Multnomah, Oregon 30 $ 6,721,000 $ 224,033 $ 103,000
Pinal, Arizona 29 $ 3,674,000 $ 126,689 $ 103,000
Los Angeles, California 24 $ 7,853,000 $ 327,208 $ 124,000
Washington, Oregon 23 $ 4,845,000 $ 210,652 $ 107,000
Benton, Washington 21 $ 2,841,000 $ 135,285 $ 80,000
Pacific, Washington 20 $ 3,165,000 $ 158,250 $ 133,000
San Diego, California 19 $ 4,254,000 $ 223,894 $ 118,000
Okanogan, Washington 19 $ 2,898,000 $ 152,526 $ 79,000
Douglas, Washington 18 $ 3,704,000 $ 205,777 $ 157,000
Yakima, Washington 18 $ 2,410,000 $ 133,888 $ 100,000
Orange, California 17 $ 5,441,000 $ 320,058 $ 108,000
Delaware, Pennsylvania 16 $ 2,355,000 $ 147,187 $ 109,000
Clackamas, Oregon 15 $ 2,828,000 $ 188,533 $ 77,000
Mohave, Arizona 14 $ 1,833,000 $ 130,928 $ 76,000
Cook, Illinois 14 $ 3,268,000 $ 233,428 $ 136,000
San Bernardino, California 13 $ 2,213,000 $ 170,230 $ 79,000
Lane, Oregon 10 $ 1,616,000 $ 161,600 $ 76,000
Sacramento, California 9 $ 1,048,000 $ 116,444 $ 87,000
Deschutes, Oregon 9 $ 1,174,000 $ 130,444 $ 102,000
Walla Walla, Washington 9 $ 1,320,000 $ 146,666 $ 91,000
Clatsop, Oregon 8 $ 1,889,000 $ 236,125 $ 159,000
Marion, Oregon 8 $ 971,000 $ 121,375 $ 132,000
Whitman, Washington 8 $ 981,000 $ 122,625 $ 78,000
Sedgwick, Kansas 7 $ 866,000 $ 123,714 $ 87,000
Lincoln, Oregon 7 $ 1,814,000 $ 259,142 $ 102,000
Stevens, Washington 7 $ 906,000 $ 129,428 $ 65,000
Yuma, Arizona 6 $ 645,000 $ 107,500 $ 188,000
St. Charles, Missouri 6 $ 978,000 $ 163,000 $ 100,000
Cowlitz, Washington 6 $ 946,000 $ 157,666 $ 49,000
Franklin, Washington 6 $ 842,000 $ 140,333 $ 63,000
Yavapai, Arizona 5 $ 596,000 $ 119,200 $ 86,000
Alameda, California 5 $ 2,639,000 $ 527,800 $ 180,000
Kern, California 5 $ 805,000 $ 161,000 $ 97,000
Philadelphia, Pennsylvania 5 $ 692,000 $ 138,400 $ 122,000
San Joaquin, California 4 $ 467,000 $ 116,750 $ 76,000
DuPage, Illinois 4 $ 790,000 $ 197,500 $ 106,000
Contra Costa, California 3 $ 871,000 $ 290,333 $ 172,000
Placer, California 3 $ 627,000 $ 209,000 $ 81,000
San Francisco, California 3 $ 1,051,000 $ 350,333 $ 82,000
Santa Clara, California 3 $ 1,231,000 $ 410,333 $ 125,000
St. Louis, Missouri 3 $ 851,000 $ 283,666 $ 144,000
Jackson, Oregon 3 $ 533,000 $ 177,666 $ 128,000
Jefferson, Oregon 3 $ 326,000 $ 108,666 $ 33,000
Tillamook, Oregon 3 $ 1,156,000 $ 385,333 $ 199,000
Yamhill, Oregon 3 $ 718,000 $ 239,333 $ 186,000
Adams, Washington 3 $ 215,000 $ 71,666 $ 33,000
Asotin, Washington 3 $ 460,000 $ 153,333 $ 85,000
Klickitat, Washington 3 $ 347,000 $ 115,666 $ 39,000
Lincoln, Washington 3 $ 401,000 $ 133,666 $ 76,000
Cochise, Arizona 2 $ 230,000 $ 115,000 $ 130,000
El Dorado, California 2 $ 577,000 $ 288,500 $ 139,000
Nevada, California 2 $ 304,000 $ 152,000 $ 77,000
San Luis Obispo, California 2 $ 386,000 $ 193,000 $ 175,000
Stanislaus, California 2 $ 144,000 $ 72,000 $ 84,000
Ventura, California 2 $ 257,000 $ 128,500 $ 115,000
Macon, Illinois 2 $ 216,000 $ 108,000 $ 87,000
Johnson, Kansas 2 $ 193,000 $ 96,500 $ 90,000
Greene, Missouri 2 $ 298,000 $ 149,000 $ 89,000
Benton, Oregon 2 $ 230,000 $ 115,000 $ 111,000
Crook, Oregon 2 $ 388,000 $ 194,000 $ 92,000
Polk, Oregon 2 $ 491,000 $ 245,500 $ 123,000
Union, Oregon 2 $ 186,000 $ 93,000 $ 138,000
Wasco, Oregon 2 $ 226,000 $ 113,000 $ 40,000
Centre, Pennsylvania 2 $ 489,000 $ 244,500 $ 106,000
Columbia, Washington 2 $ 153,000 $ 76,500 $ 53,000
Ferry, Washington 2 $ 161,000 $ 80,500 $ 72,000
Coconino, Arizona 1 $ 351,000 $ 351,000 $ 32,000
Navajo, Arizona 1 $ 162,000 $ 162,000 $ 34,000
Santa Cruz, Arizona 1 $ 140,000 $ 140,000 $ 49,000
Amador, California 1 $ 54,000 $ 54,000 $ 46,000
Fresno, California 1 $ 124,000 $ 124,000 $ 100,000
Marin, California 1 $ 576,000 $ 576,000 $ 255,000
Mendocino, California 1 $ 105,000 $ 105,000 $ 69,000
San Mateo, California 1 $ 566,000 $ 566,000 $ 181,000
Santa Barbara, California 1 $ 287,000 $ 287,000 $ 198,000
Solano, California 1 $ 279,000 $ 279,000 $ 94,000
Sonoma, California 1 $ 208,000 $ 208,000 $ 170,000
Tulare, California 1 $ 460,000 $ 460,000 $ 245,000
Lee, Florida 1 $ 5,000 $ 5,000 $ 54,000
Ada, Idaho 1 $ 9,000 $ 9,000 $ 50,000
Canyon, Idaho 1 $ 7,000 $ 7,000 $ 51,000
Kootenai, Idaho 1 $ 140,000 $ 140,000 $ 31,000
Kane, Illinois 1 $ 170,000 $ 170,000 $ 92,000
Madison, Illinois 1 $ 92,000 $ 92,000 $ 142,000
St. Clair, Illinois 1 $ 180,000 $ 180,000 $ 60,000
Butler, Kansas 1 $ 98,000 $ 98,000 $ 67,000
Shawnee, Kansas 1 $ 108,000 $ 108,000 $ 63,000
Camden, Missouri 1 $ 85,000 $ 85,000 $ 87,000
Crawford, Missouri 1 $ 36,000 $ 36,000 $ 88,000
Jackson, Missouri 1 $ 75,000 $ 75,000 $ 23,000
St. Louis City, Missouri 1 $ 175,000 $ 175,000 $ 117,000
Lincoln, Montana 1 $ 5,000 $ 5,000 $ 98,000
Noble, Ohio 1 $ 4,000 $ 4,000 $ 16,000
Coos, Oregon 1 $ 90,000 $ 90,000 $ 67,000
Hood River, Oregon 1 $ 135,000 $ 135,000 $ 97,000
Josephine, Oregon 1 $ 195,000 $ 195,000 $ 114,000
Lake, Oregon 1 $ 47,000 $ 47,000 $ 133,000
Linn, Oregon 1 $ 360,000 $ 360,000 $ 107,000
Umatilla, Oregon 1 $ 35,000 $ 35,000 $ 61,000
Bucks, Pennsylvania 1 $ 313,000 $ 313,000 $ 128,000
Indiana, Pennsylvania 1 $ 120,000 $ 120,000 $ 90,000
Montgomery, Pennsylvania 1 $ 114,000 $ 114,000 $ 94,000
Pend Oreille, Washington 1 $ 125,000 $ 125,000 $ 48,000
Wahkiakum, Washington 1 $ 144,000 $ 144,000 $ 59,000

Mortgage Loan Application Detail Totals for Boeing Employees Credit Union in 2012

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 11,451 $2,303,557,000 $201,000 $3,500,000 $100,000 $2,030,000
Home Purchase 4,740 $962,633,000 $203,000 $1,350,000 $87,000 $1,564,000
Home Improvement 620 $73,424,000 $118,000 $532,000 $94,000 $600,000

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 11,550 $2,261,845,000 $195,000 $3,500,000 $95,000 $2,030,000
Not Provided 2,419 $518,581,000 $214,000 $2,075,000 $110,000 $1,932,000
Asian 1,428 $285,331,000 $199,000 $726,000 $92,000 $843,000
Hispanic 595 $113,010,000 $189,000 $770,000 $85,000 $600,000
Black or African American 456 $92,663,000 $203,000 $844,000 $88,000 $388,000
Native Hawaiian or Other Pacific Islander 163 $31,930,000 $195,000 $575,000 $80,000 $561,000
American Indian or Alaskan Native 162 $30,135,000 $186,000 $809,000 $90,000 $465,000
Not applicable 38 $6,119,000 $161,000 $496,000 $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) 16,278 $3,236,595,000 $198,000 $3,500,000 $97,000 $2,030,000
FHA-insured (Federal Housing Administration) 533 $103,019,000 $193,000 $595,000 $66,000 $303,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 7,847 $1,437,862,000 $183,000 $1,463,000 $100,000 $1,932,000
Application Denied By Financial Institution 3,451 $746,787,000 $216,000 $3,500,000 $88,000 $1,564,000
Application Approved But Not Accepted 3,364 $743,086,000 $220,000 $1,499,000 $113,000 $2,030,000
Preapproval Denied by Financial Institution 1,823 $344,244,000 $188,000 $1,000,000 $64,000 $535,000
Application Withdrawn By Applicant 198 $39,750,000 $200,000 $880,000 $109,000 $762,000
File Closed For Incompleteness 97 $24,029,000 $247,000 $850,000 $111,000 $652,000
Loan Purchased By The Institution 31 $3,856,000 $124,000 $249,000 $0 $0
Preapproval Approved but not Accepted 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 65 $1,240,000 $19,000 $150,000 $96,000 $600,000
Debt-To-Income Ratio 24 $777,000 $32,000 $155,000 $70,000 $126,000
Collateral 19 $1,445,000 $76,000 $237,000 $114,000 $336,000
Other 12 $455,000 $37,000 $128,000 $111,000 $276,000
Credit Application Incomplete 8 $566,000 $70,000 $400,000 $66,000 $120,000
Employment History 2 $45,000 $22,000 $25,000 $126,000 $227,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Boeing Employees Credit Union's 2012 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 Boeing Employees Credit Union'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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