Boeing Employees Credit Union Mortgage Lending & HMDA Data, 2008

In 2008, Boeing Employees Credit Union of Tukwila, WA reported 10,151 mortgage applications totaling $2.7 billion, down 2% from 2007. The average application was for $262,101, and applicants reported an average income of $95,221. 40% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (5,176), Tacoma, WA (1,149) and Olympia, WA (169) (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 10,151
Total Mortgage Loan Application Amount $2,660,593,000
Average Mortgage Loan Application Amount $262,101
Highest Mortgage Loan Application Amount $2,600,000
Average Applicant Income $95,221
Highest Applicant Income $1,922,000

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records Boeing Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 3,491 $ 989,298,000 $ 283,385 $ 106,000
Snohomish, Washington 1,685 $ 436,203,000 $ 258,874 $ 92,000
Pierce, Washington 1,149 $ 274,306,000 $ 238,734 $ 88,000
Thurston, Washington 169 $ 36,991,000 $ 218,881 $ 103,000
Kitsap, Washington 107 $ 26,040,000 $ 243,364 $ 99,000
Skagit, Washington 88 $ 20,520,000 $ 233,181 $ 97,000
Island, Washington 80 $ 23,224,000 $ 290,300 $ 111,000
Maricopa, Arizona 57 $ 12,995,000 $ 227,982 $ 121,000
Whatcom, Washington 54 $ 13,328,000 $ 246,814 $ 102,000
Spokane, Washington 50 $ 8,844,000 $ 176,880 $ 79,000
Grays Harbor, Washington 37 $ 6,235,000 $ 168,513 $ 111,000
Mason, Washington 34 $ 6,679,000 $ 196,441 $ 105,000
Clark, Washington 31 $ 8,297,000 $ 267,645 $ 86,000
Kittitas, Washington 29 $ 8,077,000 $ 278,517 $ 117,000
Lewis, Washington 28 $ 5,187,000 $ 185,250 $ 74,000
Chelan, Washington 27 $ 6,388,000 $ 236,592 $ 143,000
Multnomah, Oregon 26 $ 6,705,000 $ 257,884 $ 102,000
Grant, Washington 26 $ 4,680,000 $ 180,000 $ 124,000
Orange, California 23 $ 9,006,000 $ 391,565 $ 166,000
Yakima, Washington 19 $ 3,138,000 $ 165,157 $ 117,000
Los Angeles, California 17 $ 5,943,000 $ 349,588 $ 164,000
San Diego, California 17 $ 4,905,000 $ 288,529 $ 120,000
Pinal, Arizona 16 $ 2,936,000 $ 183,500 $ 106,000
Pima, Arizona 15 $ 2,823,000 $ 188,200 $ 131,000
Clallam, Washington 15 $ 3,225,000 $ 215,000 $ 116,000
Jefferson, Washington 15 $ 3,384,000 $ 225,600 $ 80,000
Benton, Washington 14 $ 2,335,000 $ 166,785 $ 99,000
Cook, Illinois 13 $ 3,727,000 $ 286,692 $ 110,000
Okanogan, Washington 13 $ 2,407,000 $ 185,153 $ 95,000
Cowlitz, Washington 11 $ 1,486,000 $ 135,090 $ 72,000
Riverside, California 10 $ 2,249,000 $ 224,900 $ 98,000
St. Charles, Missouri 9 $ 1,844,000 $ 204,888 $ 109,000
San Juan, Washington 9 $ 2,794,000 $ 310,444 $ 105,000
Clackamas, Oregon 8 $ 1,941,000 $ 242,625 $ 105,000
Washington, Oregon 8 $ 2,676,000 $ 334,500 $ 279,000
Pacific, Washington 8 $ 1,124,000 $ 140,500 $ 90,000
Walla Walla, Washington 8 $ 2,508,000 $ 313,500 $ 100,000
Whitman, Washington 7 $ 1,325,000 $ 189,285 $ 89,000
Contra Costa, California 6 $ 2,534,000 $ 422,333 $ 184,000
Sacramento, California 6 $ 1,239,000 $ 206,500 $ 63,000
San Bernardino, California 6 $ 1,607,000 $ 267,833 $ 81,000
Delaware, Pennsylvania 6 $ 971,000 $ 161,833 $ 78,000
Kern, California 4 $ 714,000 $ 178,500 $ 115,000
Santa Clara, California 4 $ 1,193,000 $ 298,250 $ 179,000
Lincoln, Oregon 4 $ 1,087,000 $ 271,750 $ 143,000
Douglas, Washington 4 $ 744,000 $ 186,000 $ 124,000
Franklin, Washington 4 $ 521,000 $ 130,250 $ 77,000
Klickitat, Washington 4 $ 917,000 $ 229,250 $ 135,000
Lincoln, Washington 4 $ 605,000 $ 151,250 $ 67,000
Stevens, Washington 4 $ 423,000 $ 105,750 $ 116,000
Mohave, Arizona 3 $ 484,000 $ 161,333 $ 125,000
Yavapai, Arizona 3 $ 472,000 $ 157,333 $ 178,000
Placer, California 3 $ 1,022,000 $ 340,666 $ 73,000
Sutter, California 3 $ 395,000 $ 131,666 $ 48,000
Sedgwick, Kansas 3 $ 339,000 $ 113,000 $ 61,000
St. Louis, Missouri 3 $ 451,000 $ 150,333 $ 165,000
Deschutes, Oregon 3 $ 367,000 $ 122,333 $ 104,000
Lane, Oregon 3 $ 766,000 $ 255,333 $ 83,000
Yamhill, Oregon 3 $ 305,000 $ 101,666 $ 75,000
Adams, Washington 3 $ 320,000 $ 106,666 $ 43,000
Cochise, Arizona 2 $ 246,000 $ 123,000 $ 113,000
Yuma, Arizona 2 $ 250,000 $ 125,000 $ 68,000
Alameda, California 2 $ 933,000 $ 466,500 $ 179,000
Marin, California 2 $ 1,158,000 $ 579,000 $ 165,000
San Francisco, California 2 $ 1,475,000 $ 737,500 $ 201,000
Solano, California 2 $ 588,000 $ 294,000 $ 111,000
Ventura, California 2 $ 447,000 $ 223,500 $ 108,000
Howell, Missouri 2 $ 192,000 $ 96,000 $ 81,000
Clatsop, Oregon 2 $ 420,000 $ 210,000 $ 99,000
Crook, Oregon 2 $ 718,000 $ 359,000 $ 107,000
Jackson, Oregon 2 $ 434,000 $ 217,000 $ 68,000
Josephine, Oregon 2 $ 363,000 $ 181,500 $ 56,000
Linn, Oregon 2 $ 264,000 $ 132,000 $ 113,000
Marion, Oregon 2 $ 506,000 $ 253,000 $ 69,000
Tillamook, Oregon 2 $ 299,000 $ 149,500 $ 141,000
Bucks, Pennsylvania 2 $ 1,027,000 $ 513,500 $ 235,000
Montgomery, Pennsylvania 2 $ 665,000 $ 332,500 $ 177,000
Philadelphia, Pennsylvania 2 $ 366,000 $ 183,000 $ 121,000
Ferry, Washington 2 $ 235,000 $ 117,500 $ 105,000
Wahkiakum, Washington 2 $ 431,000 $ 215,500 $ 46,000
Coconino, Arizona 1 $ 234,000 $ 234,000 $ 117,000
Navajo, Arizona 1 $ 74,000 $ 74,000 $ 59,000
El Dorado, California 1 $ 723,000 $ 723,000 $ 410,000
Fresno, California 1 $ 136,000 $ 136,000 $ 74,000
Mendocino, California 1 $ 252,000 $ 252,000 $ 62,000
San Joaquin, California 1 $ 144,000 $ 144,000 $ 90,000
San Mateo, California 1 $ 388,000 $ 388,000 $ 175,000
Shasta, California 1 $ 153,000 $ 153,000 $ 70,000
Sonoma, California 1 $ 180,000 $ 180,000 $ 83,000
Stanislaus, California 1 $ 122,000 $ 122,000 $ 72,000
Macon, Illinois 1 $ 129,000 $ 129,000 $ 49,000
Madison, Illinois 1 $ 460,000 $ 460,000 $ 185,000
McLean, Illinois 1 $ 187,000 $ 187,000 $ 44,000
Sangamon, Illinois 1 $ 150,000 $ 150,000 $ 61,000
Harvey, Kansas 1 $ 51,000 $ 51,000 $ 73,000
Johnson, Kansas 1 $ 168,000 $ 168,000 $ 63,000
Jasper, Missouri 1 $ 166,000 $ 166,000 $ 81,000
St. Louis City, Missouri 1 $ 247,000 $ 247,000 $ 73,000
Douglas, Oregon 1 $ 238,000 $ 238,000 $ 109,000
Hood River, Oregon 1 $ 158,000 $ 158,000 $ 37,000
Klamath, Oregon 1 $ 102,000 $ 102,000 $ 138,000
Wasco, Oregon 1 $ 225,000 $ 225,000 $ 112,000
Centre, Pennsylvania 1 $ 108,000 $ 108,000 $ 125,000
Chester, Pennsylvania 1 $ 177,000 $ 177,000 $ 120,000
Lawrence, Pennsylvania 1 $ 71,000 $ 71,000 $ 89,000
Luzerne, Pennsylvania 1 $ 50,000 $ 50,000 $ 42,000
Monroe, Pennsylvania 1 $ 172,000 $ 172,000 $ 90,000
Pend Oreille, Washington 1 $ 198,000 $ 198,000 $ 61,000
Skamania, Washington 1 $ 114,000 $ 114,000 $ 49,000

Mortgage Loan Application Detail Totals for Boeing Employees Credit Union in 2008

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 5,337 $1,395,944,000 $261,000 $2,275,000 $89,000 $1,922,000
Refinancing 4,776 $1,262,642,000 $264,000 $2,600,000 $102,000 $1,281,000
Home Improvement 38 $2,007,000 $52,000 $250,000 $117,000 $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 6,124 $1,565,634,000 $255,000 $2,600,000 $94,000 $1,922,000
Not Provided 2,128 $584,250,000 $274,000 $1,655,000 $107,000 $1,281,000
Asian 927 $269,892,000 $291,000 $1,750,000 $97,000 $524,000
Hispanic 373 $93,849,000 $251,000 $722,000 $86,000 $918,000
Black or African American 369 $91,614,000 $248,000 $898,000 $77,000 $800,000
Native Hawaiian or Other Pacific Islander 107 $26,267,000 $245,000 $450,000 $78,000 $207,000
American Indian or Alaskan Native 99 $25,168,000 $254,000 $672,000 $88,000 $300,000
Not applicable 24 $3,919,000 $163,000 $569,000 $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) 10,151 $2,660,593,000 $262,000 $2,600,000 $96,000 $1,922,000
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 4,094 $1,012,765,000 $247,000 $2,600,000 $100,000 $1,922,000
Preapproval Approved but not Accepted 1,579 $432,366,000 $273,000 $1,750,000 $91,000 $1,341,000
Application Withdrawn By Applicant 1,338 $378,644,000 $282,000 $2,275,000 $107,000 $1,337,000
Application Denied By Financial Institution 1,065 $293,486,000 $275,000 $2,000,000 $85,000 $1,035,000
Preapproval Denied by Financial Institution 980 $234,996,000 $239,000 $800,000 $65,000 $590,000
Application Approved But Not Accepted 939 $267,338,000 $284,000 $1,655,000 $111,000 $1,281,000
File Closed For Incompleteness 136 $38,648,000 $284,000 $1,070,000 $103,000 $355,000
Loan Purchased By The Institution 20 $2,350,000 $117,000 $206,000 $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 2008 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.
For a list of all lenders in Washington, download the full spreadsheet with aggregated HMDA statistics today.

Download the Washington Lender List