Boeing Employees Credit Union Mortgage Lending & HMDA Data, 2009

In 2009, Boeing Employees Credit Union of Tukwila, WA reported 17,768 mortgage applications totaling $4.2 billion, up 75% from 2008. The average application was for $238,615, and applicants reported an average income of $97,733. 44% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (9,997), Tacoma, WA (1,872) and Olympia, WA (304) (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 17,768
Total Mortgage Loan Application Amount $4,239,714,000
Average Mortgage Loan Application Amount $238,615
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $97,733
Highest Applicant Income $1,911,000

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records Boeing Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 6,806 $ 1,761,744,000 $ 258,851 $ 109,000
Snohomish, Washington 3,191 $ 749,778,000 $ 234,966 $ 96,000
Pierce, Washington 1,872 $ 399,300,000 $ 213,301 $ 94,000
Thurston, Washington 304 $ 67,135,000 $ 220,838 $ 96,000
Kitsap, Washington 199 $ 46,406,000 $ 233,195 $ 101,000
Island, Washington 184 $ 43,950,000 $ 238,858 $ 104,000
Skagit, Washington 178 $ 38,151,000 $ 214,331 $ 87,000
Maricopa, Arizona 119 $ 19,230,000 $ 161,596 $ 104,000
Spokane, Washington 82 $ 13,956,000 $ 170,195 $ 86,000
Whatcom, Washington 73 $ 15,254,000 $ 208,958 $ 99,000
Mason, Washington 69 $ 13,015,000 $ 188,623 $ 93,000
Chelan, Washington 59 $ 13,147,000 $ 222,830 $ 128,000
Grays Harbor, Washington 55 $ 7,612,000 $ 138,400 $ 109,000
Kittitas, Washington 51 $ 10,762,000 $ 211,019 $ 131,000
Clark, Washington 47 $ 10,144,000 $ 215,829 $ 101,000
Multnomah, Oregon 42 $ 8,042,000 $ 191,476 $ 108,000
Lewis, Washington 41 $ 7,475,000 $ 182,317 $ 90,000
Los Angeles, California 40 $ 11,368,000 $ 284,200 $ 136,000
Pima, Arizona 31 $ 4,764,000 $ 153,677 $ 116,000
San Diego, California 29 $ 7,989,000 $ 275,482 $ 111,000
Clallam, Washington 29 $ 5,133,000 $ 177,000 $ 117,000
Grant, Washington 28 $ 5,057,000 $ 180,607 $ 115,000
Orange, California 25 $ 7,450,000 $ 298,000 $ 158,000
Washington, Oregon 25 $ 5,605,000 $ 224,200 $ 99,000
Jefferson, Washington 24 $ 4,624,000 $ 192,666 $ 97,000
Pinal, Arizona 23 $ 2,697,000 $ 117,260 $ 74,000
Benton, Washington 21 $ 2,939,000 $ 139,952 $ 84,000
Douglas, Washington 21 $ 4,551,000 $ 216,714 $ 143,000
Yakima, Washington 21 $ 3,159,000 $ 150,428 $ 72,000
Riverside, California 20 $ 5,488,000 $ 274,400 $ 196,000
Okanogan, Washington 20 $ 3,703,000 $ 185,150 $ 100,000
Clackamas, Oregon 17 $ 4,831,000 $ 284,176 $ 121,000
San Juan, Washington 12 $ 3,353,000 $ 279,416 $ 251,000
Contra Costa, California 11 $ 2,612,000 $ 237,454 $ 117,000
Deschutes, Oregon 11 $ 2,061,000 $ 187,363 $ 117,000
Walla Walla, Washington 11 $ 1,994,000 $ 181,272 $ 72,000
Stevens, Washington 10 $ 1,858,000 $ 185,800 $ 96,000
Sacramento, California 9 $ 1,710,000 $ 190,000 $ 90,000
St. Louis, Missouri 9 $ 1,076,000 $ 119,555 $ 105,000
Cowlitz, Washington 9 $ 1,014,000 $ 112,666 $ 57,000
San Bernardino, California 8 $ 1,947,000 $ 243,375 $ 100,000
DuPage, Illinois 7 $ 2,418,000 $ 345,428 $ 114,000
Lane, Oregon 7 $ 1,046,000 $ 149,428 $ 76,000
Pacific, Washington 7 $ 1,382,000 $ 197,428 $ 89,000
Ventura, California 6 $ 1,577,000 $ 262,833 $ 128,000
Cook, Illinois 6 $ 1,298,000 $ 216,333 $ 168,000
St. Charles, Missouri 6 $ 875,000 $ 145,833 $ 81,000
Delaware, Pennsylvania 6 $ 1,271,000 $ 211,833 $ 97,000
Alameda, California 5 $ 1,834,000 $ 366,800 $ 120,000
Adams, Washington 5 $ 568,000 $ 113,600 $ 96,000
Franklin, Washington 5 $ 932,000 $ 186,400 $ 100,000
Klickitat, Washington 5 $ 1,047,000 $ 209,400 $ 136,000
Whitman, Washington 5 $ 722,000 $ 144,400 $ 60,000
Mohave, Arizona 4 $ 482,000 $ 120,500 $ 50,000
San Francisco, California 4 $ 2,133,000 $ 533,250 $ 238,000
Santa Clara, California 4 $ 1,389,000 $ 347,250 $ 148,000
Sedgwick, Kansas 4 $ 672,000 $ 168,000 $ 136,000
Clatsop, Oregon 4 $ 866,000 $ 216,500 $ 128,000
Lincoln, Oregon 4 $ 1,001,000 $ 250,250 $ 130,000
Marion, Oregon 4 $ 521,000 $ 130,250 $ 53,000
Placer, California 3 $ 651,000 $ 217,000 $ 65,000
Jackson, Oregon 3 $ 835,000 $ 278,333 $ 144,000
Tillamook, Oregon 3 $ 559,000 $ 186,333 $ 112,000
Lincoln, Washington 3 $ 279,000 $ 93,000 $ 106,000
Skamania, Washington 3 $ 380,000 $ 126,666 $ 98,000
Yavapai, Arizona 2 $ 275,000 $ 137,500 $ 61,000
Yuma, Arizona 2 $ 212,000 $ 106,000 $ 77,000
Fresno, California 2 $ 399,000 $ 199,500 $ 85,000
Kern, California 2 $ 495,000 $ 247,500 $ 186,000
Monterey, California 2 $ 380,000 $ 190,000 $ 75,000
San Luis Obispo, California 2 $ 353,000 $ 176,500 $ 61,000
Santa Barbara, California 2 $ 282,000 $ 141,000 $ 96,000
Shasta, California 2 $ 498,000 $ 249,000 $ 85,000
Boone, Missouri 2 $ 244,000 $ 122,000 $ 67,000
Jackson, Missouri 2 $ 151,000 $ 75,500 $ 66,000
Columbia, Oregon 2 $ 569,000 $ 284,500 $ 82,000
Douglas, Oregon 2 $ 152,000 $ 76,000 $ 20,000
Hood River, Oregon 2 $ 400,000 $ 200,000 $ 96,000
Union, Oregon 2 $ 284,000 $ 142,000 $ 39,000
Wasco, Oregon 2 $ 515,000 $ 257,500 $ 175,000
Yamhill, Oregon 2 $ 184,000 $ 92,000 $ 92,000
Columbia, Washington 2 $ 167,000 $ 83,500 $ 67,000
Wahkiakum, Washington 2 $ 109,000 $ 54,500 $ 40,000
Cochise, Arizona 1 $ 129,000 $ 129,000 $ 43,000
La Paz, Arizona 1 $ 80,000 $ 80,000 $ 75,000
Butte, California 1 $ 178,000 $ 178,000 $ 135,000
Merced, California 1 $ 148,000 $ 148,000 $ 86,000
Mono, California 1 $ 400,000 $ 400,000 $ 89,000
San Joaquin, California 1 $ 212,000 $ 212,000 $ 168,000
San Mateo, California 1 $ 600,000 $ 600,000 $ 140,000
Sonoma, California 1 $ 333,000 $ 333,000 $ 105,000
Stanislaus, California 1 $ 89,000 $ 89,000 $ 72,000
Yolo, California 1 $ 349,000 $ 349,000 $ 144,000
Boone, Illinois 1 $ 182,000 $ 182,000 $ 53,000
Champaign, Illinois 1 $ 120,000 $ 120,000 $ 22,000
Madison, Illinois 1 $ 394,000 $ 394,000 $ 150,000
McHenry, Illinois 1 $ 216,000 $ 216,000 $ 50,000
Peoria, Illinois 1 $ 99,000 $ 99,000 $ 55,000
Will, Illinois 1 $ 211,000 $ 211,000 $ 97,000
Cherokee, Kansas 1 $ 78,000 $ 78,000 $ 34,000
Johnson, Kansas 1 $ 169,000 $ 169,000 $ 74,000
Clay, Missouri 1 $ 213,000 $ 213,000 $ 88,000
Greene, Missouri 1 $ 66,000 $ 66,000 $ 113,000
Jasper, Missouri 1 $ 72,000 $ 72,000 $ 358,000
Polk, Missouri 1 $ 106,000 $ 106,000 $ 125,000
St. Louis City, Missouri 1 $ 235,000 $ 235,000 $ 123,000
Benton, Oregon 1 $ 330,000 $ 330,000 $ 97,000
Coos, Oregon 1 $ 205,000 $ 205,000 $ 96,000
Crook, Oregon 1 $ 138,000 $ 138,000 $ 100,000
Jefferson, Oregon 1 $ 122,000 $ 122,000 $ 48,000
Josephine, Oregon 1 $ 135,000 $ 135,000 $ 59,000
Lake, Oregon 1 $ 157,000 $ 157,000 $ 24,000
Umatilla, Oregon 1 $ 98,000 $ 98,000 $ 159,000
Centre, Pennsylvania 1 $ 240,000 $ 240,000 $ 107,000
Chester, Pennsylvania 1 $ 273,000 $ 273,000 $ 96,000
Dauphin, Pennsylvania 1 $ 144,000 $ 144,000 $ 177,000
Erie, Pennsylvania 1 $ 113,000 $ 113,000 $ 47,000
Northampton, Pennsylvania 1 $ 259,000 $ 259,000 $ 188,000
Philadelphia, Pennsylvania 1 $ 204,000 $ 204,000 $ 63,000
York, Pennsylvania 1 $ 195,000 $ 195,000 $ 47,000
Ferry, Washington 1 $ 132,000 $ 132,000 $ 124,000
Garfield, Washington 1 $ 85,000 $ 85,000 $ 42,000
Pend Oreille, Washington 1 $ 105,000 $ 105,000 $ 30,000

Mortgage Loan Application Detail Totals for Boeing Employees Credit Union in 2009

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 10,602 $2,543,794,000 $239,000 $2,500,000 $107,000 $1,370,000
Home Purchase 7,161 $1,694,014,000 $236,000 $2,499,000 $84,000 $1,911,000
Home Improvement 5 $1,906,000 $381,000 $550,000 $118,000 $173,000

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 11,439 $2,665,618,000 $233,000 $2,500,000 $95,000 $1,842,000
Not Provided 3,297 $831,586,000 $252,000 $1,600,000 $111,000 $1,911,000
Asian 1,716 $442,861,000 $258,000 $1,425,000 $98,000 $961,000
Hispanic 570 $129,978,000 $228,000 $1,800,000 $85,000 $1,450,000
Black or African American 437 $98,527,000 $225,000 $730,000 $76,000 $300,000
Native Hawaiian or Other Pacific Islander 160 $37,922,000 $237,000 $920,000 $86,000 $711,000
American Indian or Alaskan Native 149 $33,222,000 $222,000 $506,000 $85,000 $478,000
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) 17,768 $4,239,714,000 $238,000 $2,500,000 $98,000 $1,911,000
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 7,781 $1,755,977,000 $225,000 $2,499,000 $103,000 $1,842,000
Application Approved But Not Accepted 3,532 $910,090,000 $257,000 $2,500,000 $113,000 $1,450,000
Application Denied By Financial Institution 2,613 $641,148,000 $245,000 $1,278,000 $80,000 $1,911,000
Preapproval Approved but not Accepted 1,684 $438,090,000 $260,000 $1,500,000 $94,000 $1,065,000
Preapproval Denied by Financial Institution 1,552 $328,208,000 $211,000 $1,150,000 $58,000 $260,000
Application Withdrawn By Applicant 484 $130,418,000 $269,000 $1,350,000 $118,000 $961,000
File Closed For Incompleteness 122 $35,783,000 $293,000 $1,600,000 $136,000 $1,069,000
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 2009 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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