Boeing Employees Credit Union Mortgage Lending & HMDA Data, 2007

In 2007, Boeing Employees Credit Union of Tukwila, WA reported 10,370 mortgage applications totaling $2.5 billion, up 6% from 2006. The average application was for $239,232, and applicants reported an average income of $84,559. 44% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (4,909), Tacoma, WA (1,145) and Olympia, WA (154) (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 10,370
Total Mortgage Loan Application Amount $2,480,846,000
Average Mortgage Loan Application Amount $239,232
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $84,559
Highest Applicant Income $1,471,000

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records Boeing Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 3,189 $ 774,691,000 $ 242,925 $ 92,000
Snohomish, Washington 1,720 $ 397,009,000 $ 230,819 $ 88,000
Pierce, Washington 1,145 $ 230,858,000 $ 201,622 $ 79,000
Thurston, Washington 154 $ 31,737,000 $ 206,084 $ 87,000
Skagit, Washington 96 $ 21,390,000 $ 222,812 $ 84,000
Kitsap, Washington 92 $ 22,778,000 $ 247,586 $ 93,000
Island, Washington 70 $ 15,044,000 $ 214,914 $ 84,000
Whatcom, Washington 65 $ 12,958,000 $ 199,353 $ 84,000
Spokane, Washington 60 $ 8,973,000 $ 149,550 $ 79,000
Grays Harbor, Washington 39 $ 5,441,000 $ 139,512 $ 92,000
Grant, Washington 37 $ 5,172,000 $ 139,783 $ 78,000
Kittitas, Washington 36 $ 7,630,000 $ 211,944 $ 99,000
Maricopa, Arizona 35 $ 7,629,000 $ 217,971 $ 89,000
Lewis, Washington 32 $ 4,506,000 $ 140,812 $ 74,000
Mason, Washington 29 $ 5,134,000 $ 177,034 $ 88,000
Chelan, Washington 27 $ 5,038,000 $ 186,592 $ 106,000
Los Angeles, California 19 $ 7,431,000 $ 391,105 $ 109,000
Multnomah, Oregon 18 $ 3,773,000 $ 209,611 $ 106,000
Benton, Washington 16 $ 2,805,000 $ 175,312 $ 72,000
Clallam, Washington 16 $ 3,638,000 $ 227,375 $ 93,000
Clark, Washington 15 $ 3,097,000 $ 206,466 $ 64,000
Orange, California 14 $ 5,092,000 $ 363,714 $ 165,000
Cook, Illinois 14 $ 3,560,000 $ 254,285 $ 80,000
Clackamas, Oregon 14 $ 2,730,000 $ 195,000 $ 96,000
Jefferson, Washington 14 $ 3,019,000 $ 215,642 $ 108,000
Okanogan, Washington 13 $ 1,972,000 $ 151,692 $ 63,000
Pima, Arizona 12 $ 2,581,000 $ 215,083 $ 87,000
Riverside, California 11 $ 2,934,000 $ 266,727 $ 123,000
Yakima, Washington 11 $ 1,440,000 $ 130,909 $ 70,000
Stevens, Washington 9 $ 1,125,000 $ 125,000 $ 59,000
San Diego, California 8 $ 5,227,000 $ 653,375 $ 160,000
St. Louis, Missouri 7 $ 1,036,000 $ 148,000 $ 110,000
Deschutes, Oregon 7 $ 1,118,000 $ 159,714 $ 121,000
Douglas, Washington 7 $ 877,000 $ 125,285 $ 72,000
Pacific, Washington 7 $ 756,000 $ 108,000 $ 153,000
San Juan, Washington 7 $ 2,281,000 $ 325,857 $ 86,000
Cowlitz, Washington 6 $ 827,000 $ 137,833 $ 53,000
Pinal, Arizona 5 $ 993,000 $ 198,600 $ 99,000
San Bernardino, California 5 $ 1,258,000 $ 251,600 $ 63,000
Lincoln, Oregon 5 $ 816,000 $ 163,200 $ 73,000
Washington, Oregon 5 $ 1,297,000 $ 259,400 $ 80,000
Philadelphia, Pennsylvania 5 $ 1,400,000 $ 280,000 $ 141,000
Franklin, Washington 5 $ 631,000 $ 126,200 $ 81,000
Klickitat, Washington 5 $ 1,166,000 $ 233,200 $ 129,000
Jackson, Missouri 4 $ 480,000 $ 120,000 $ 82,000
St. Charles, Missouri 4 $ 828,000 $ 207,000 $ 189,000
Lane, Oregon 4 $ 633,000 $ 158,250 $ 76,000
Polk, Oregon 4 $ 557,000 $ 139,250 $ 65,000
Delaware, Pennsylvania 4 $ 342,000 $ 85,500 $ 93,000
Montgomery, Pennsylvania 4 $ 878,000 $ 219,500 $ 127,000
Lincoln, Washington 4 $ 320,000 $ 80,000 $ 71,000
Mohave, Arizona 3 $ 569,000 $ 189,666 $ 67,000
Yuma, Arizona 3 $ 392,000 $ 130,666 $ 47,000
DuPage, Illinois 3 $ 2,289,000 $ 763,000 $ 337,000
Linn, Oregon 3 $ 506,000 $ 168,666 $ 82,000
Marion, Oregon 3 $ 613,000 $ 204,333 $ 63,000
Adams, Washington 3 $ 274,000 $ 91,333 $ 78,000
Walla Walla, Washington 3 $ 519,000 $ 173,000 $ 107,000
Whitman, Washington 3 $ 394,000 $ 131,333 $ 57,000
Coconino, Arizona 2 $ 248,000 $ 124,000 $ 118,000
Navajo, Arizona 2 $ 573,000 $ 286,500 $ 167,000
Alameda, California 2 $ 486,000 $ 243,000 $ 98,000
Contra Costa, California 2 $ 647,000 $ 323,500 $ 61,000
Kern, California 2 $ 283,000 $ 141,500 $ 65,000
Sacramento, California 2 $ 487,000 $ 243,500 $ 84,000
Santa Clara, California 2 $ 690,000 $ 345,000 $ 89,000
Ventura, California 2 $ 1,300,000 $ 650,000 $ 234,000
Sedgwick, Kansas 2 $ 140,000 $ 70,000 $ 64,000
Clatsop, Oregon 2 $ 780,000 $ 390,000 $ 123,000
Coos, Oregon 2 $ 291,000 $ 145,500 $ 49,000
Crook, Oregon 2 $ 429,000 $ 214,500 $ 74,000
Hood River, Oregon 2 $ 572,000 $ 286,000 $ 115,000
Jefferson, Oregon 2 $ 375,000 $ 187,500 $ 37,000
Yamhill, Oregon 2 $ 342,000 $ 171,000 $ 87,000
Asotin, Washington 2 $ 153,000 $ 76,500 $ 71,000
Pend Oreille, Washington 2 $ 223,000 $ 111,500 $ 60,000
Yavapai, Arizona 1 $ 420,000 $ 420,000 $ 65,000
El Dorado, California 1 $ 371,000 $ 371,000 $ 93,000
Fresno, California 1 $ 229,000 $ 229,000 $ 162,000
Mariposa, California 1 $ 271,000 $ 271,000 $ 133,000
Napa, California 1 $ 650,000 $ 650,000 $ 138,000
Shasta, California 1 $ 276,000 $ 276,000 $ 103,000
Solano, California 1 $ 158,000 $ 158,000 $ 48,000
Sonoma, California 1 $ 597,000 $ 597,000 $ 185,000
Jackson, Illinois 1 $ 53,000 $ 53,000 $ 48,000
St. Clair, Illinois 1 $ 101,000 $ 101,000 $ 55,000
Republic, Kansas 1 $ 228,000 $ 228,000 $ 76,000
Cape Girardeau, Missouri 1 $ 203,000 $ 203,000 $ 107,000
Clay, Missouri 1 $ 104,000 $ 104,000 $ 96,000
Douglas, Missouri 1 $ 100,000 $ 100,000 $ 103,000
Franklin, Missouri 1 $ 100,000 $ 100,000 $ 144,000
St. Louis City, Missouri 1 $ 242,000 $ 242,000 $ 88,000
Baker, Oregon 1 $ 89,000 $ 89,000 $ 163,000
Benton, Oregon 1 $ 179,000 $ 179,000 $ 104,000
Jackson, Oregon 1 $ 85,000 $ 85,000 $ 32,000
Tillamook, Oregon 1 $ 165,000 $ 165,000 $ 72,000
Wallowa, Oregon 1 $ 256,000 $ 256,000 $ 107,000
Beaver, Pennsylvania 1 $ 90,000 $ 90,000 $ 282,000
Bucks, Pennsylvania 1 $ 340,000 $ 340,000 $ 109,000
Chester, Pennsylvania 1 $ 425,000 $ 425,000 $ 96,000
Luzerne, Pennsylvania 1 $ 96,000 $ 96,000 $ 180,000
Mercer, Pennsylvania 1 $ 64,000 $ 64,000 $ 48,000
Northampton, Pennsylvania 1 $ 185,000 $ 185,000 $ 42,000
Wayne, Pennsylvania 1 $ 50,000 $ 50,000 $ 65,000
Ferry, Washington 1 $ 55,000 $ 55,000 $ 0
Garfield, Washington 1 $ 60,000 $ 60,000 $ 49,000

Mortgage Loan Application Detail Totals for Boeing Employees Credit Union 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
Home Purchase 6,300 $1,608,983,000 $255,000 $1,575,000 $82,000 $1,113,000
Refinancing 3,767 $857,307,000 $227,000 $2,500,000 $88,000 $1,471,000
Home Improvement 303 $14,556,000 $48,000 $585,000 $95,000 $800,000

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 6,193 $1,465,070,000 $236,000 $1,495,000 $83,000 $1,113,000
Not Provided 2,431 $550,574,000 $226,000 $2,500,000 $91,000 $1,000,000
Asian 768 $223,097,000 $290,000 $1,575,000 $87,000 $840,000
Hispanic 394 $90,797,000 $230,000 $1,000,000 $74,000 $366,000
Black or African American 371 $94,660,000 $255,000 $900,000 $77,000 $916,000
Native Hawaiian or Other Pacific Islander 114 $30,859,000 $270,000 $668,000 $82,000 $516,000
American Indian or Alaskan Native 97 $24,844,000 $256,000 $574,000 $93,000 $1,471,000
Not applicable 2 $945,000 $472,000 $725,000 $62,000 $125,000

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) 10,370 $2,480,846,000 $239,000 $2,500,000 $85,000 $1,471,000
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 4,582 $972,897,000 $212,000 $1,575,000 $89,000 $1,113,000
Preapproval Approved but not Accepted 2,465 $666,967,000 $270,000 $1,000,000 $78,000 $490,000
Application Approved But Not Accepted 1,047 $276,319,000 $263,000 $1,351,000 $92,000 $600,000
Application Withdrawn By Applicant 997 $246,318,000 $247,000 $1,018,000 $92,000 $1,471,000
Preapproval Denied by Financial Institution 573 $140,142,000 $244,000 $700,000 $61,000 $402,000
Application Denied By Financial Institution 539 $132,077,000 $245,000 $2,500,000 $71,000 $1,000,000
File Closed For Incompleteness 167 $46,126,000 $276,000 $1,290,000 $90,000 $485,000
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 2007 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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