Boeing Employees' Credit Union Mortgage Lending & HMDA Data, 2024

In 2024, Boeing Employees' Credit Union of Tukwila, WA reported 21,382 mortgage applications totaling $5.8 billion, down 6% from 2023. The average application was for $272,660, and applicants reported an average income of $201,297. 61% of its applications resulted in an originated loan and 25% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (8,768), Everett, WA (4,751) and Tacoma-Lakewood, WA (3,123) (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 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 21,382
Total Mortgage Loan Application Amount $5,830,020,000
Average Mortgage Loan Application Amount $272,660
Highest Mortgage Loan Application Amount $14,005,000
Average Applicant Income $201,297
Highest Applicant Income $9,696,000

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records Boeing Employees' Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2024

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Seattle-Bellevue-Everett, WA 8,768 $ 3,016,540,000 $ 344,039 $ 232,000
Everett, WA 4,751 $ 1,155,885,000 $ 243,292 $ 193,000
Tacoma-Lakewood, WA 3,123 $ 542,765,000 $ 173,796 $ 162,000
Outside any metro area 1,178 $ 238,280,000 $ 202,275 $ 165,047
Spokane-Spokane Valley, WA 579 $ 120,685,000 $ 208,436 $ 160,000
Bremerton-Silverdale, WA 522 $ 104,020,000 $ 199,272 $ 167,000
Mount Vernon-Anacortes, WA 362 $ 70,930,000 $ 195,939 $ 144,000
Olympia-Tumwater, WA 345 $ 63,015,000 $ 182,652 $ 139,000
Portland-Vancouver-Hillsboro, OR-WA 237 $ 86,735,000 $ 365,970 $ 182,050
Bellingham, WA 219 $ 65,575,000 $ 299,429 $ 221,000
Phoenix-Mesa-Scottsdale, AZ 203 $ 48,105,000 $ 236,970 $ 201,000
Coeur D'Alene, ID 143 $ 69,135,000 $ 483,461 $ 198,000
Wenatchee, WA 133 $ 42,315,000 $ 318,157 $ 197,000
Charleston-North Charleston, SC 73 $ 10,835,000 $ 148,424 $ 146,000
Kennewick-Richland, WA 62 $ 11,780,000 $ 190,000 $ 138,000
Yakima, WA 60 $ 10,560,000 $ 176,000 $ 176,000
Los Angeles-Long Beach-Glendale, CA 46 $ 20,070,000 $ 436,304 $ 231,000
Riverside-San Bernardino-Ontario, CA 46 $ 12,520,000 $ 272,173 $ 290,000
Anaheim-Santa Ana-Irvine, CA 44 $ 19,740,000 $ 448,636 $ 364,000
Bend-Redmond, OR 40 $ 11,590,000 $ 289,750 $ 191,000
Boise City, ID 30 $ 5,560,000 $ 185,333 $ 138,000
St. Louis, MO-IL 30 $ 5,710,000 $ 190,333 $ 141,466
Tucson, AZ 30 $ 5,090,000 $ 169,666 $ 143,000
San Diego-Carlsbad, CA 29 $ 7,725,000 $ 266,379 $ 381,000
Walla Walla, WA 24 $ 4,130,000 $ 172,083 $ 139,000
Oakland-Hayward-Berkeley, CA 21 $ 12,165,000 $ 579,285 $ 389,000
Longview, WA 17 $ 3,405,000 $ 200,294 $ 111,000
Sacramento--Roseville--Arden-Arcade, CA 17 $ 3,945,000 $ 232,058 $ 291,000
Chicago-Naperville, IL 15 $ 2,825,000 $ 188,333 $ 168,000
Lake Havasu City-Kingman, AZ 13 $ 1,555,000 $ 119,615 $ 113,000
Salem, OR 13 $ 3,265,000 $ 251,153 $ 148,000
San Jose-Sunnyvale-Santa Clara, CA 11 $ 13,505,000 $ 1,227,727 $ 418,000
Eugene, OR 10 $ 3,560,000 $ 356,000 $ 278,000
Oxnard-Thousand Oaks-Ventura, CA 9 $ 3,875,000 $ 430,555 $ 169,000
Wichita, KS 9 $ 1,185,000 $ 131,666 $ 232,000
Hilton Head Island-Bluffton-Beaufort, SC 8 $ 1,610,000 $ 201,250 $ 135,000
Kansas City, MO-KS 8 $ 2,320,000 $ 290,000 $ 142,625
San Luis Obispo-Paso Robles-Arroyo Grande, CA 8 $ 1,140,000 $ 142,500 $ 163,000
Montgomery County-Bucks County-Chester County, PA 7 $ 705,000 $ 100,714 $ 112,000
Springfield, MO 7 $ 995,000 $ 142,142 $ 82,000
Charlotte-Concord-Gastonia, NC-SC 6 $ 1,330,000 $ 221,666 $ 468,000
Lewiston, ID-WA 6 $ 920,000 $ 153,333 $ 108,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 6 $ 940,000 $ 156,666 $ 130,000
Pittsburgh, PA 6 $ 790,000 $ 131,666 $ 227,000
Bakersfield, CA 5 $ 505,000 $ 101,000 $ 111,000
Greenville-Anderson-Mauldin, SC 5 $ 455,000 $ 91,000 $ 94,000
Idaho Falls, ID 5 $ 1,285,000 $ 257,000 $ 159,000
Philadelphia, PA 5 $ 755,000 $ 151,000 $ 83,000
Prescott Valley-Prescott, AZ 5 $ 615,000 $ 123,000 $ 123,000
Yuma, AZ 5 $ 495,000 $ 99,000 $ 91,000
Medford, OR 4 $ 800,000 $ 200,000 $ 122,000
San Francisco-Redwood City-South San Francisco, CA 4 $ 2,700,000 $ 675,000 $ 282,000
Santa Rosa, CA 4 $ 1,160,000 $ 290,000 $ 198,000
Spartanburg, SC 4 $ 540,000 $ 135,000 $ 350,000
Corvallis, OR 3 $ 795,000 $ 265,000 $ 144,000
Lake County-Kenosha County, IL-WI 3 $ 205,000 $ 68,333 $ 211,000
Modesto, CA 3 $ 1,185,000 $ 395,000 $ 277,000
Redding, CA 3 $ 705,000 $ 235,000 $ 0
Sierra Vista-Douglas, AZ 3 $ 245,000 $ 81,666 $ 116,000
Stockton-Lodi, CA 3 $ 605,000 $ 201,666 $ 167,000
Columbia, MO 2 $ 190,000 $ 95,000 $ 185,000
Columbia, SC 2 $ 570,000 $ 285,000 $ 74,000
Elgin, IL 2 $ 310,000 $ 155,000 $ 71,000
Florence, SC 2 $ 110,000 $ 55,000 $ 88,000
Fresno, CA 2 $ 210,000 $ 105,000 $ 168,000
Lancaster, PA 2 $ 780,000 $ 390,000 $ 171,000
Napa, CA 2 $ 230,000 $ 115,000 $ 377,000
Peoria, IL 2 $ 150,000 $ 75,000 $ 101,000
Santa Maria-Santa Barbara, CA 2 $ 440,000 $ 220,000 $ 160,000
Twin Falls, ID 2 $ 360,000 $ 180,000 $ 1,431,000
Virginia Beach-Norfolk-Newport News, VA-NC 2 $ 90,000 $ 45,000 $ 1,047,000
Visalia-Porterville, CA 2 $ 120,000 $ 60,000 $ 57,000
York-Hanover, PA 2 $ 290,000 $ 145,000 $ 107,000
Albany, OR 1 $ 65,000 $ 65,000 $ 278,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 35,000 $ 35,000 $ 176,000
Augusta-Richmond County, GA-SC 1 $ 205,000 $ 205,000 $ 379,000
Billings, MT 1 $ 105,000 $ 105,000 $ 52,000
Buffalo-Cheektowaga-Niagara Falls, NY 1 $ 25,000 $ 25,000 $ 153,000
Chico, CA 1 $ 385,000 $ 385,000 $ 463,000
El Centro, CA 1 $ 75,000 $ 75,000 $ 90,000
Kahului-Wailuku-Lahaina, HI 1 $ 1,205,000 $ 1,205,000 $ 180,000
Las Vegas-Henderson-Paradise, NV 1 $ 45,000 $ 45,000 $ 37,000
Lawrence, KS 1 $ 305,000 $ 305,000 $ 100,000
Orlando-Kissimmee-Sanford, FL 1 $ 305,000 $ 305,000 $ 294,000
Pocatello, ID 1 $ 225,000 $ 225,000 $ 166,000
Rockford, IL 1 $ 65,000 $ 65,000 $ 132,000
Santa Cruz-Watsonville, CA 1 $ 85,000 $ 85,000 $ 42,000
Scranton--Wilkes-Barre--Hazleton, PA 1 $ 145,000 $ 145,000 $ 238,000
State College, PA 1 $ 205,000 $ 205,000 $ 56,000
Vallejo-Fairfield, CA 1 $ 105,000 $ 105,000 $ 271,000
West Palm Beach-Boca Raton-Delray Beach, FL 1 $ 205,000 $ 205,000 $ 201,000

Mortgage Loan Application Detail Totals for Boeing Employees' Credit Union in 2024

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 Improvement 7,037 $905,135,000 $128,000 $1,005,000 $170,000 $3,145,000
Other Purpose 5,025 $677,835,000 $134,000 $1,205,000 $165,000 $5,652,000
Home Purchase 4,950 $3,182,030,000 $642,000 $7,605,000 $296,000 $9,696,000
Refinancing 4,015 $908,375,000 $226,000 $7,415,000 $186,000 $5,952,000
Cash-out Refinancing 355 $156,645,000 $441,000 $14,005,000 $188,000 $3,000,000
Not Applicable 0 $0 $0 $0 $0 $0

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 13,118 $2,784,380,000 $212,000 $3,005,000 $176,000 $8,400,000
Asian 3,595 $1,785,565,000 $496,000 $3,005,000 $287,000 $9,696,000
Not Provided 2,166 $743,450,000 $343,000 $3,005,000 $247,000 $8,916,000
Hispanic 1,309 $261,805,000 $200,000 $2,005,000 $171,000 $4,171,000
Black or African American 800 $143,160,000 $178,000 $2,465,000 $155,000 $1,975,000
American Indian or Alaskan Native 264 $44,350,000 $167,000 $1,355,000 $156,000 $2,160,000
Native Hawaiian or Other Pacific Islander 118 $17,610,000 $149,000 $965,000 $146,000 $400,000
Not applicable 12 $49,700,000 $4,141,000 $14,005,000 $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) 21,272 $5,779,430,000 $271,000 $14,005,000 $201,000 $9,696,000
VA-guaranteed (Veterans Administration) 56 $27,950,000 $499,000 $1,105,000 $144,000 $972,000
FHA-insured (Federal Housing Administration) 54 $22,640,000 $419,000 $715,000 $122,000 $247,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 13,093 $3,501,615,000 $267,000 $14,005,000 $183,000 $3,700,000
Application Denied By Financial Institution 5,254 $907,320,000 $172,000 $7,605,000 $156,000 $4,800,000
Application Withdrawn By Applicant 2,243 $1,208,065,000 $538,000 $3,005,000 $381,000 $9,696,000
Application Approved But Not Accepted 595 $82,755,000 $139,000 $2,055,000 $159,000 $1,737,000
File Closed For Incompleteness 195 $129,855,000 $665,000 $3,005,000 $627,000 $6,600,000
Loan Purchased By The Institution 2 $410,000 $205,000 $405,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial 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
Not applicable 16,128 $4,922,700,000 $305,000 $14,005,000 $215,000 $9,696,000
Debt-To-Income Ratio 2,310 $435,690,000 $188,000 $3,005,000 $106,000 $910,000
Collateral 1,350 $214,110,000 $158,000 $7,605,000 $194,000 $4,164,000
Credit History 934 $117,740,000 $126,000 $1,145,000 $173,000 $2,796,000
Unverifiable Information 276 $50,840,000 $184,000 $2,405,000 $194,000 $3,000,000
Credit Application Incomplete 209 $33,395,000 $159,000 $805,000 $282,000 $4,800,000
Other 118 $39,330,000 $333,000 $3,005,000 $231,000 $1,437,000
Employment History 38 $6,200,000 $163,000 $555,000 $124,000 $336,000
Insufficient Cash (Downpayment, Closing Cost) 18 $9,230,000 $512,000 $1,355,000 $253,000 $1,879,000
Mortgage Insurance Denied 1 $785,000 $785,000 $785,000 $323,000 $323,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Boeing Employees' Credit Union's 2024 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