Hmda Lar 2025-Final Mortgage Lending & HMDA Data, 2025
In 2025, Hmda Lar 2025-Final of Burlington, WA reported 74 mortgage applications totaling $37.9 million, down 48% from 2024. The average application was for $511,621, and applicants reported an average income of $274,364. 76% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Mount Vernon-Anacortes, WA (28), Bellingham, WA (14) and Everett, WA (7) (applications in parentheses).
| Mortgage Company & Address | Hmda Lar 2025-Final 1020 S Burlington Blvd Burlington, WA 98233 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 |
| Total Number of Mortgage Applications | 74 |
| Total Mortgage Loan Application Amount | $37,860,000 |
| Average Mortgage Loan Application Amount | $511,621 |
| Highest Mortgage Loan Application Amount | $2,005,000 |
| Average Applicant Income | $274,364 |
| Highest Applicant Income | $4,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hmda Lar 2025-Final filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Skagit, Washington | 28 | $ 12,990,000 | $ 463,928 | $ 146,000 |
| Whatcom, Washington | 14 | $ 8,650,000 | $ 617,857 | $ 208,000 |
| Island, Washington | 8 | $ 3,500,000 | $ 437,500 | $ 187,000 |
| San Juan, Washington | 7 | $ 3,805,000 | $ 543,571 | $ 147,000 |
| Snohomish, Washington | 7 | $ 3,775,000 | $ 539,285 | $ 1,005,000 |
| King, Washington | 4 | $ 3,140,000 | $ 785,000 | $ 652,000 |
| Riverside, California | 1 | $ 295,000 | $ 295,000 | $ 240,000 |
| Madison, Montana | 1 | $ 625,000 | $ 625,000 | $ 197,000 |
| Lane, Oregon | 1 | $ 415,000 | $ 415,000 | $ 194,000 |
| Benton, Washington | 1 | $ 265,000 | $ 265,000 | $ 97,000 |
| Kitsap, Washington | 1 | $ 105,000 | $ 105,000 | $ 207,000 |
| Spokane, Washington | 1 | $ 295,000 | $ 295,000 | $ 65,000 |
Mortgage Loan Application Detail Totals for Hmda Lar 2025-Final in 2025
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 | 40 | $21,910,000 | $547,000 | $2,005,000 | $212,000 | $1,780,000 |
| Refinancing | 17 | $9,915,000 | $583,000 | $1,005,000 | $547,000 | $4,000,000 |
| Cash-out Refinancing | 12 | $4,270,000 | $355,000 | $665,000 | $152,000 | $286,000 |
| Home Improvement | 4 | $1,360,000 | $340,000 | $555,000 | $149,000 | $231,000 |
| Other Purpose | 1 | $405,000 | $405,000 | $405,000 | $104,000 | $104,000 |
| 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 | 45 | $21,665,000 | $481,000 | $975,000 | $178,000 | $404,000 |
| Hispanic | 12 | $5,490,000 | $457,000 | $795,000 | $106,000 | $216,000 |
| Not Provided | 8 | $3,770,000 | $471,000 | $1,005,000 | $930,000 | $4,000,000 |
| Not applicable | 4 | $2,340,000 | $585,000 | $745,000 | $0 | $0 |
| Asian | 4 | $3,640,000 | $910,000 | $2,005,000 | $636,000 | $1,780,000 |
| Black or African American | 1 | $955,000 | $955,000 | $955,000 | $237,000 | $237,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 72 | $36,070,000 | $500,000 | $2,005,000 | $281,000 | $4,000,000 |
| VA-guaranteed (Veterans Administration) | 2 | $1,790,000 | $895,000 | $955,000 | $192,000 | $237,000 |
| 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 |
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 | 56 | $29,220,000 | $521,000 | $2,005,000 | $201,000 | $1,780,000 |
| Application Withdrawn By Applicant | 7 | $3,335,000 | $476,000 | $815,000 | $186,000 | $323,000 |
| Application Denied By Financial Institution | 6 | $2,250,000 | $375,000 | $505,000 | $1,094,000 | $4,000,000 |
| File Closed For Incompleteness | 4 | $2,410,000 | $602,000 | $1,005,000 | $243,000 | $404,000 |
| Application Approved But Not Accepted | 1 | $645,000 | $645,000 | $645,000 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 74 | $37,860,000 | $511,000 | $2,005,000 | $279,000 | $4,000,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hmda Lar 2025-Final's 2025 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 Hmda Lar 2025-Final'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.
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