Eastside Funding LLC Mortgage Lending & HMDA Data, 2022

In 2022, Eastside Funding LLC of Kirkland, WA reported 679 mortgage applications totaling $224.4 million, down 18% from 2021. The average application was for $330,419, and applicants reported an average income of $0. 74% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (318), Tacoma-Lakewood, WA (190) and Bremerton-Silverdale, WA (56) (applications in parentheses).

Mortgage Company & Address Eastside Funding LLC
3927 Lake Washington Blvd Ne
Kirkland, WA 98033
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  
Total Number of Mortgage Applications 679
Total Mortgage Loan Application Amount $224,355,000
Average Mortgage Loan Application Amount $330,419
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $0
Highest Applicant Income $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Eastside Funding LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Eastside Funding LLC in 2022

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 494 $196,620,000 $398,000 $5,005,000 $0 $0
Home Improvement 184 $27,340,000 $148,000 $1,705,000 $0 $0
Refinancing 1 $395,000 $395,000 $395,000 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Not applicable 431 $138,845,000 $322,000 $2,895,000 $0 $0
Not Provided 166 $58,590,000 $352,000 $5,005,000 $0 $0
White 52 $17,220,000 $331,000 $1,505,000 $0 $0
Black or African American 10 $3,860,000 $386,000 $835,000 $0 $0
American Indian or Alaskan Native 4 $1,270,000 $317,000 $375,000 $0 $0
Asian 3 $725,000 $241,000 $435,000 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 679 $224,355,000 $330,000 $5,005,000 $0 $0
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 502 $150,100,000 $299,000 $2,895,000 $0 $0
Application Approved But Not Accepted 118 $40,100,000 $339,000 $1,825,000 $0 $0
Application Denied By Financial Institution 23 $13,375,000 $581,000 $2,805,000 $0 $0
Preapproval Denied by Financial Institution 21 $14,005,000 $666,000 $5,005,000 $0 $0
Preapproval Approved but not Accepted 10 $3,970,000 $397,000 $825,000 $0 $0
Application Withdrawn By Applicant 5 $2,805,000 $561,000 $1,505,000 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Not applicable 635 $196,975,000 $310,000 $2,895,000 $0 $0
Collateral 24 $19,790,000 $824,000 $5,005,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 11 $3,425,000 $311,000 $455,000 $0 $0
Other 9 $4,165,000 $462,000 $1,705,000 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Eastside Funding LLC's 2022 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 Eastside Funding LLC'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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