Boeing Employees Credit Union Mortgage Lending & HMDA Data, 2005

In 2005, Boeing Employees Credit Union of Tukwila, WA reported 11,869 mortgage applications totaling $2.1 billion, up 13% from 2004. The average application was for $179,207, and applicants reported an average income of $77,788. 52% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (5,909), Tacoma, WA (1,278) and Bremerton-Silverdale, WA (125) (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 11,869
Total Mortgage Loan Application Amount $2,127,017,000
Average Mortgage Loan Application Amount $179,207
Highest Mortgage Loan Application Amount $1,700,000
Average Applicant Income $77,788
Highest Applicant Income $1,269,000

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records Boeing Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 3,998 $ 701,061,000 $ 175,352 $ 81,000
Snohomish, Washington 1,911 $ 285,725,000 $ 149,515 $ 74,000
Pierce, Washington 1,278 $ 175,824,000 $ 137,577 $ 71,000
Kitsap, Washington 125 $ 21,190,000 $ 169,520 $ 85,000
Thurston, Washington 121 $ 17,488,000 $ 144,528 $ 82,000
Skagit, Washington 104 $ 13,381,000 $ 128,663 $ 64,000
Island, Washington 83 $ 13,279,000 $ 159,987 $ 70,000
Maricopa, Arizona 61 $ 10,632,000 $ 174,295 $ 89,000
Grays Harbor, Washington 54 $ 5,154,000 $ 95,444 $ 61,000
Whatcom, Washington 49 $ 7,080,000 $ 144,489 $ 74,000
Spokane, Washington 45 $ 6,323,000 $ 140,511 $ 61,000
Kittitas, Washington 39 $ 6,464,000 $ 165,743 $ 116,000
Clark, Washington 36 $ 4,815,000 $ 133,750 $ 80,000
Mason, Washington 27 $ 3,587,000 $ 132,851 $ 77,000
Multnomah, Oregon 26 $ 3,874,000 $ 149,000 $ 91,000
Los Angeles, California 20 $ 5,886,000 $ 294,300 $ 121,000
Chelan, Washington 20 $ 3,390,000 $ 169,500 $ 138,000
Grant, Washington 20 $ 1,976,000 $ 98,800 $ 77,000
Okanogan, Washington 20 $ 2,572,000 $ 128,600 $ 148,000
Jefferson, Washington 19 $ 3,536,000 $ 186,105 $ 76,000
Washington, Oregon 18 $ 3,171,000 $ 176,166 $ 92,000
Clallam, Washington 18 $ 2,175,000 $ 120,833 $ 47,000
Lewis, Washington 18 $ 1,828,000 $ 101,555 $ 59,000
Yakima, Washington 18 $ 2,597,000 $ 144,277 $ 66,000
Riverside, California 16 $ 4,127,000 $ 257,937 $ 98,000
Orange, California 15 $ 3,161,000 $ 210,733 $ 93,000
Cowlitz, Washington 15 $ 1,475,000 $ 98,333 $ 51,000
Clackamas, Oregon 14 $ 2,571,000 $ 183,642 $ 81,000
Pima, Arizona 13 $ 2,425,000 $ 186,538 $ 101,000
Douglas, Washington 12 $ 1,094,000 $ 91,166 $ 120,000
Pinal, Arizona 11 $ 1,312,000 $ 119,272 $ 57,000
Cook, Illinois 10 $ 1,081,000 $ 108,100 $ 75,000
San Diego, California 9 $ 2,800,000 $ 311,111 $ 106,000
Benton, Washington 9 $ 1,233,000 $ 137,000 $ 50,000
Delaware, Pennsylvania 8 $ 1,132,000 $ 141,500 $ 88,000
Pacific, Washington 8 $ 1,050,000 $ 131,250 $ 78,000
San Juan, Washington 8 $ 2,052,000 $ 256,500 $ 76,000
San Bernardino, California 7 $ 1,370,000 $ 195,714 $ 95,000
Alameda, California 6 $ 2,547,000 $ 424,500 $ 158,000
St. Louis, Missouri 5 $ 421,000 $ 84,200 $ 69,000
Benton, Oregon 5 $ 1,108,000 $ 221,600 $ 103,000
Philadelphia, Pennsylvania 5 $ 728,000 $ 145,600 $ 76,000
Lincoln, Washington 5 $ 427,000 $ 85,400 $ 128,000
Stevens, Washington 5 $ 732,000 $ 146,400 $ 52,000
Yuma, Arizona 4 $ 399,000 $ 99,750 $ 38,000
Deschutes, Oregon 4 $ 852,000 $ 213,000 $ 88,000
Walla Walla, Washington 4 $ 497,000 $ 124,250 $ 98,000
Whitman, Washington 4 $ 887,000 $ 221,750 $ 118,000
Mohave, Arizona 3 $ 440,000 $ 146,666 $ 79,000
Fresno, California 3 $ 398,000 $ 132,666 $ 74,000
Madison, Illinois 3 $ 417,000 $ 139,000 $ 100,000
St. Charles, Missouri 3 $ 453,000 $ 151,000 $ 69,000
Clatsop, Oregon 3 $ 314,000 $ 104,666 $ 57,000
Lincoln, Oregon 3 $ 313,000 $ 104,333 $ 86,000
Yamhill, Oregon 3 $ 606,000 $ 202,000 $ 81,000
Chester, Pennsylvania 3 $ 697,000 $ 232,333 $ 75,000
Cochise, Arizona 2 $ 403,000 $ 201,500 $ 109,000
Navajo, Arizona 2 $ 233,000 $ 116,500 $ 42,000
Humboldt, California 2 $ 328,000 $ 164,000 $ 35,000
Placer, California 2 $ 478,000 $ 239,000 $ 105,000
San Joaquin, California 2 $ 75,000 $ 37,500 $ 61,000
Solano, California 2 $ 585,000 $ 292,500 $ 107,000
Stanislaus, California 2 $ 466,000 $ 233,000 $ 93,000
Effingham, Illinois 2 $ 53,000 $ 26,500 $ 56,000
St. Louis City, Missouri 2 $ 328,000 $ 164,000 $ 57,000
Coos, Oregon 2 $ 210,000 $ 105,000 $ 70,000
Douglas, Oregon 2 $ 212,000 $ 106,000 $ 34,000
Hood River, Oregon 2 $ 238,000 $ 119,000 $ 140,000
Lane, Oregon 2 $ 199,000 $ 99,500 $ 75,000
Lancaster, Pennsylvania 2 $ 635,000 $ 317,500 $ 137,000
Adams, Washington 2 $ 149,000 $ 74,500 $ 43,000
Pend Oreille, Washington 2 $ 346,000 $ 173,000 $ 118,000
La Paz, Arizona 1 $ 102,000 $ 102,000 $ 47,000
Yavapai, Arizona 1 $ 166,000 $ 166,000 $ 246,000
Butte, California 1 $ 90,000 $ 90,000 $ 48,000
El Dorado, California 1 $ 400,000 $ 400,000 $ 142,000
Kern, California 1 $ 83,000 $ 83,000 $ 43,000
Lake, California 1 $ 236,000 $ 236,000 $ 80,000
Mendocino, California 1 $ 185,000 $ 185,000 $ 95,000
Plumas, California 1 $ 62,000 $ 62,000 $ 27,000
Sacramento, California 1 $ 149,000 $ 149,000 $ 78,000
San Francisco, California 1 $ 310,000 $ 310,000 $ 88,000
Tulare, California 1 $ 126,000 $ 126,000 $ 47,000
Ventura, California 1 $ 197,000 $ 197,000 $ 50,000
Yolo, California 1 $ 197,000 $ 197,000 $ 44,000
DuPage, Illinois 1 $ 142,000 $ 142,000 $ 60,000
Kane, Illinois 1 $ 352,000 $ 352,000 $ 106,000
McHenry, Illinois 1 $ 162,000 $ 162,000 $ 80,000
McLean, Illinois 1 $ 86,000 $ 86,000 $ 65,000
Peoria, Illinois 1 $ 70,000 $ 70,000 $ 103,000
St. Clair, Illinois 1 $ 215,000 $ 215,000 $ 123,000
Winnebago, Illinois 1 $ 196,000 $ 196,000 $ 48,000
Butler, Kansas 1 $ 67,000 $ 67,000 $ 23,000
Johnson, Kansas 1 $ 116,000 $ 116,000 $ 55,000
Riley, Kansas 1 $ 98,000 $ 98,000 $ 101,000
Sedgwick, Kansas 1 $ 182,000 $ 182,000 $ 92,000
Cape Girardeau, Missouri 1 $ 207,000 $ 207,000 $ 101,000
Clay, Missouri 1 $ 149,000 $ 149,000 $ 70,000
Jefferson, Missouri 1 $ 200,000 $ 200,000 $ 72,000
Crook, Oregon 1 $ 100,000 $ 100,000 $ 62,000
Grant, Oregon 1 $ 156,000 $ 156,000 $ 83,000
Marion, Oregon 1 $ 128,000 $ 128,000 $ 67,000
Tillamook, Oregon 1 $ 112,000 $ 112,000 $ 49,000
Umatilla, Oregon 1 $ 175,000 $ 175,000 $ 68,000
Union, Oregon 1 $ 84,000 $ 84,000 $ 68,000
Bucks, Pennsylvania 1 $ 336,000 $ 336,000 $ 150,000
Huntingdon, Pennsylvania 1 $ 85,000 $ 85,000 $ 84,000
Montgomery, Pennsylvania 1 $ 148,000 $ 148,000 $ 60,000
Northampton, Pennsylvania 1 $ 260,000 $ 260,000 $ 149,000
Dorchester, South Carolina 1 $ 74,000 $ 74,000 $ 108,000
Franklin, Washington 1 $ 89,000 $ 89,000 $ 43,000
Klickitat, Washington 1 $ 78,000 $ 78,000 $ 68,000

Mortgage Loan Application Detail Totals for Boeing Employees Credit Union in 2005

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
Home Purchase 6,543 $1,376,649,000 $187,333 $1,200,000 $81,555 $1,269,000
Refinancing 4,206 $700,309,000 $154,800 $1,700,000 $83,200 $871,000
Home Improvement 1,120 $50,059,000 $42,833 $500,000 $91,166 $833,000

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 7,671 $1,359,561,000 $173,222 $1,250,000 $79,777 $1,269,000
Not Provided 2,421 $415,788,000 $136,000 $1,700,000 $83,900 $833,000
Asian 869 $185,533,000 $214,714 $1,199,000 $79,428 $773,000
Black or African American 344 $62,188,000 $142,375 $533,000 $66,000 $385,000
Hispanic 331 $59,742,000 $205,800 $770,000 $103,400 $960,000
Native Hawaiian or Other Pacific Islander 122 $23,092,000 $169,200 $488,000 $77,200 $857,000
American Indian or Alaskan Native 110 $20,538,000 $138,333 $428,000 $64,333 $564,000
Not applicable 1 $575,000 $575,000 $575,000 $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) 11,869 $2,127,017,000 $158,900 $1,700,000 $83,500 $1,269,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 6,138 $934,486,000 $147,000 $981,000 $86,666 $660,000
Preapproval Approved but not Accepted 2,959 $668,068,000 $225,000 $1,200,000 $72,000 $1,269,000
Application Withdrawn By Applicant 1,342 $261,434,000 $177,444 $1,227,000 $68,000 $871,000
Preapproval Denied by Financial Institution 443 $99,283,000 $224,000 $999,000 $61,000 $540,000
Application Approved But Not Accepted 395 $89,085,000 $217,000 $1,199,000 $97,833 $960,000
Application Denied By Financial Institution 351 $48,113,000 $98,166 $1,700,000 $73,833 $760,000
File Closed For Incompleteness 241 $26,548,000 $198,400 $1,250,000 $81,000 $833,000
Loan Purchased By The 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 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 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 2005 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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