First Independent Mortgage Mortgage Lending & HMDA Data, 2006

In 2006, First Independent Mortgage of Bellevue, WA reported 2,246 mortgage applications totaling $503.8 million, down 3% from 2005. The average application was for $224,322, and applicants reported an average income of $142,943. 65% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (956), Portland-Vancouver-Beaverton, OR-WA (437) and Tacoma, WA (202) (applications in parentheses).

Mortgage Company & Address First Independent Mortgage
11225 Se 6th Street Suite 110
Bellevue, WA 98004
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2003  
Total Number of Mortgage Applications 2,246
Total Mortgage Loan Application Amount $503,828,000
Average Mortgage Loan Application Amount $224,322
Highest Mortgage Loan Application Amount $2,470,000
Average Applicant Income $142,943
Highest Applicant Income $3,857,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Independent Mortgage filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Independent Mortgage by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 767 $ 207,258,000 $ 270,219 $ 147,000
Clark, Washington 240 $ 45,776,000 $ 190,733 $ 243,000
Pierce, Washington 202 $ 37,185,000 $ 184,084 $ 107,000
Snohomish, Washington 189 $ 43,747,000 $ 231,465 $ 119,000
Multnomah, Oregon 73 $ 14,936,000 $ 204,602 $ 97,000
Washington, Oregon 62 $ 12,722,000 $ 205,193 $ 117,000
Kitsap, Washington 34 $ 8,286,000 $ 243,705 $ 113,000
Clackamas, Oregon 32 $ 5,870,000 $ 183,437 $ 99,000
Thurston, Washington 29 $ 6,470,000 $ 223,103 $ 108,000
Cowlitz, Washington 28 $ 4,556,000 $ 162,714 $ 98,000
Maricopa, Arizona 26 $ 7,653,000 $ 294,346 $ 167,000
Kittitas, Washington 26 $ 6,120,000 $ 235,384 $ 190,000
Los Angeles, California 25 $ 9,467,000 $ 378,680 $ 178,000
Skamania, Washington 18 $ 2,634,000 $ 146,333 $ 61,000
Spokane, Washington 14 $ 1,450,000 $ 103,571 $ 66,000
Riverside, California 13 $ 6,122,000 $ 470,923 $ 332,000
Bernalillo, New Mexico 12 $ 1,010,000 $ 84,166 $ 113,000
Pima, Arizona 11 $ 1,347,000 $ 122,454 $ 79,000
Deschutes, Oregon 11 $ 2,421,000 $ 220,090 $ 180,000
Oklahoma, Oklahoma 10 $ 1,121,000 $ 112,100 $ 131,000
Clark, Nevada 9 $ 2,041,000 $ 226,777 $ 146,000
Lewis, Washington 9 $ 1,195,000 $ 132,777 $ 49,000
Orange, California 8 $ 2,924,000 $ 365,500 $ 185,000
San Bernardino, California 8 $ 1,671,000 $ 208,875 $ 123,000
Dare, North Carolina 8 $ 5,088,000 $ 636,000 $ 374,000
Marion, Oregon 8 $ 953,000 $ 119,125 $ 84,000
Whatcom, Washington 8 $ 1,781,000 $ 222,625 $ 87,000
Yamhill, Oregon 7 $ 1,319,000 $ 188,428 $ 78,000
Klickitat, Washington 7 $ 1,063,000 $ 151,857 $ 41,000
Walla Walla, Washington 7 $ 1,540,000 $ 220,000 $ 156,000
Blaine, Idaho 6 $ 1,569,000 $ 261,500 $ 136,000
Christian, Kentucky 6 $ 420,000 $ 70,000 $ 94,000
Canadian, Oklahoma 6 $ 517,000 $ 86,166 $ 100,000
Klamath, Oregon 6 $ 448,000 $ 74,666 $ 71,000
Lane, Oregon 6 $ 1,206,000 $ 201,000 $ 151,000
Harris, Texas 6 $ 417,000 $ 69,500 $ 130,000
Salt Lake, Utah 6 $ 1,037,000 $ 172,833 $ 133,000
Ada, Idaho 5 $ 651,000 $ 130,200 $ 70,000
Allen, Indiana 5 $ 608,000 $ 121,600 $ 51,000
Lewis and Clark, Montana 5 $ 342,000 $ 68,400 $ 71,000
Columbia, Oregon 5 $ 445,000 $ 89,000 $ 46,000
Grant, Washington 5 $ 712,000 $ 142,400 $ 400,000
Island, Washington 5 $ 2,746,000 $ 549,200 $ 176,000
Pacific, Washington 5 $ 501,000 $ 100,200 $ 60,000
Clarke, Georgia 4 $ 218,000 $ 54,500 $ 252,000
Fulton, Georgia 4 $ 872,000 $ 218,000 $ 113,000
Monroe, New York 4 $ 143,000 $ 35,750 $ 65,000
Mecklenburg, North Carolina 4 $ 224,000 $ 56,000 $ 64,000
Tillamook, Oregon 4 $ 1,784,000 $ 446,000 $ 206,000
Wasco, Oregon 4 $ 374,000 $ 93,500 $ 89,000
Chelan, Washington 4 $ 1,037,000 $ 259,250 $ 185,000
Franklin, Washington 4 $ 253,000 $ 63,250 $ 72,000
Mason, Washington 4 $ 554,000 $ 138,500 $ 107,000
Skagit, Washington 4 $ 743,000 $ 185,750 $ 73,000
Yakima, Washington 4 $ 362,000 $ 90,500 $ 31,000
Mohave, Arizona 3 $ 777,000 $ 259,000 $ 133,000
Kern, California 3 $ 524,000 $ 174,666 $ 17,000
Plumas, California 3 $ 911,000 $ 303,666 $ 194,000
Ventura, California 3 $ 1,772,000 $ 590,666 $ 334,000
Cook, Illinois 3 $ 603,000 $ 201,000 $ 96,000
Lake, Illinois 3 $ 746,000 $ 248,666 $ 128,000
Kent, Michigan 3 $ 358,000 $ 119,333 $ 117,000
Oakland, Michigan 3 $ 384,000 $ 128,000 $ 142,000
Wayne, Michigan 3 $ 200,000 $ 66,666 $ 100,000
Wake, North Carolina 3 $ 359,000 $ 119,666 $ 136,000
Summit, Ohio 3 $ 246,000 $ 82,000 $ 135,000
Lycoming, Pennsylvania 3 $ 490,000 $ 163,333 $ 99,000
Alexandria, Virginia 3 $ 350,000 $ 116,666 $ 86,000
Benton, Washington 3 $ 274,000 $ 91,333 $ 57,000
Clallam, Washington 3 $ 601,000 $ 200,333 $ 154,000
Grays Harbor, Washington 3 $ 543,000 $ 181,000 $ 114,000
Milwaukee, Wisconsin 3 $ 346,000 $ 115,333 $ 70,000
Anchorage, Alaska 2 $ 348,000 $ 174,000 $ 254,000
Yuma, Arizona 2 $ 230,000 $ 115,000 $ 16,000
Sebastian, Arkansas 2 $ 150,000 $ 75,000 $ 89,000
Boulder, Colorado 2 $ 515,000 $ 257,500 $ 192,000
Hillsborough, Florida 2 $ 158,000 $ 79,000 $ 117,000
Indian River, Florida 2 $ 156,000 $ 78,000 $ 32,000
Lee, Florida 2 $ 166,000 $ 83,000 $ 118,000
St. Johns, Florida 2 $ 410,000 $ 205,000 $ 252,000
Newton, Georgia 2 $ 155,000 $ 77,500 $ 62,000
Walton, Georgia 2 $ 140,000 $ 70,000 $ 62,000
Honolulu, Hawaii 2 $ 945,000 $ 472,500 $ 71,000
Boone, Illinois 2 $ 155,000 $ 77,500 $ 167,000
Kane, Illinois 2 $ 275,000 $ 137,500 $ 81,000
Hamilton, Indiana 2 $ 329,000 $ 164,500 $ 0
Cowley, Kansas 2 $ 146,000 $ 73,000 $ 106,000
East Baton Rouge, Louisiana 2 $ 598,000 $ 299,000 $ 259,000
Calvert, Maryland 2 $ 535,000 $ 267,500 $ 198,000
Prince George's, Maryland 2 $ 252,000 $ 126,000 $ 131,000
Flathead, Montana 2 $ 135,000 $ 67,500 $ 162,000
Missoula, Montana 2 $ 190,000 $ 95,000 $ 133,000
Ravalli, Montana 2 $ 360,000 $ 180,000 $ 60,000
Hudson, New Jersey 2 $ 496,000 $ 248,000 $ 164,000
Sandoval, New Mexico 2 $ 368,000 $ 184,000 $ 142,000
Erie, New York 2 $ 69,000 $ 34,500 $ 94,000
Jefferson, New York 2 $ 183,000 $ 91,500 $ 43,000
Kings, New York 2 $ 350,000 $ 175,000 $ 120,000
Cabarrus, North Carolina 2 $ 131,000 $ 65,500 $ 135,000
Clark, Ohio 2 $ 104,000 $ 52,000 $ 69,000
Benton, Oregon 2 $ 369,000 $ 184,500 $ 1,192,000
Curry, Oregon 2 $ 280,000 $ 140,000 $ 149,000
Douglas, Oregon 2 $ 323,000 $ 161,500 $ 61,000
Lincoln, Oregon 2 $ 318,000 $ 159,000 $ 136,000
Polk, Oregon 2 $ 484,000 $ 242,000 $ 159,000
Greenville, South Carolina 2 $ 216,000 $ 108,000 $ 77,000
Davidson, Tennessee 2 $ 275,000 $ 137,500 $ 90,000
Bexar, Texas 2 $ 115,000 $ 57,500 $ 164,000
Dallas, Texas 2 $ 650,000 $ 325,000 $ 236,000
Davis, Utah 2 $ 169,000 $ 84,500 $ 59,000
Washington, Utah 2 $ 443,000 $ 221,500 $ 161,000
Asotin, Washington 2 $ 327,000 $ 163,500 $ 63,000
Jefferson, West Virginia 2 $ 832,000 $ 416,000 $ 192,000
Autauga, Alabama 1 $ 74,000 $ 74,000 $ 33,000
Ketchikan Gateway, Alaska 1 $ 35,000 $ 35,000 $ 101,000
Coconino, Arizona 1 $ 35,000 $ 35,000 $ 61,000
La Paz, Arizona 1 $ 355,000 $ 355,000 $ 139,000
Garland, Arkansas 1 $ 230,000 $ 230,000 $ 120,000
Alpine, California 1 $ 253,000 $ 253,000 $ 81,000
Contra Costa, California 1 $ 100,000 $ 100,000 $ 150,000
Glenn, California 1 $ 195,000 $ 195,000 $ 43,000
Mendocino, California 1 $ 407,000 $ 407,000 $ 101,000
Monterey, California 1 $ 360,000 $ 360,000 $ 94,000
Sacramento, California 1 $ 170,000 $ 170,000 $ 90,000
San Diego, California 1 $ 43,000 $ 43,000 $ 0
San Francisco, California 1 $ 50,000 $ 50,000 $ 111,000
Shasta, California 1 $ 259,000 $ 259,000 $ 53,000
Stanislaus, California 1 $ 202,000 $ 202,000 $ 342,000
Adams, Colorado 1 $ 148,000 $ 148,000 $ 69,000
El Paso, Colorado 1 $ 66,000 $ 66,000 $ 92,000
Jefferson, Colorado 1 $ 385,000 $ 385,000 $ 135,000
Weld, Colorado 1 $ 264,000 $ 264,000 $ 1,327,000
District of Columbia, District Of Columbia 1 $ 394,000 $ 394,000 $ 218,000
Alachua, Florida 1 $ 45,000 $ 45,000 $ 21,000
Brevard, Florida 1 $ 282,000 $ 282,000 $ 174,000
Duval, Florida 1 $ 60,000 $ 60,000 $ 96,000
Monroe, Florida 1 $ 368,000 $ 368,000 $ 95,000
Orange, Florida 1 $ 120,000 $ 120,000 $ 29,000
Sarasota, Florida 1 $ 288,000 $ 288,000 $ 142,000
Douglas, Georgia 1 $ 148,000 $ 148,000 $ 104,000
Hawaii, Hawaii 1 $ 375,000 $ 375,000 $ 97,000
Kauai, Hawaii 1 $ 680,000 $ 680,000 $ 300,000
Bonneville, Idaho 1 $ 150,000 $ 150,000 $ 34,000
Canyon, Idaho 1 $ 184,000 $ 184,000 $ 78,000
Cassia, Idaho 1 $ 125,000 $ 125,000 $ 46,000
Kootenai, Idaho 1 $ 69,000 $ 69,000 $ 94,000
Lincoln, Idaho 1 $ 95,000 $ 95,000 $ 35,000
Will, Illinois 1 $ 576,000 $ 576,000 $ 176,000
Anne Arundel, Maryland 1 $ 50,000 $ 50,000 $ 122,000
Baltimore City, Maryland 1 $ 169,000 $ 169,000 $ 114,000
Carroll, Maryland 1 $ 541,000 $ 541,000 $ 143,000
Middlesex, Massachusetts 1 $ 235,000 $ 235,000 $ 66,000
Livingston, Michigan 1 $ 101,000 $ 101,000 $ 104,000
Benton, Minnesota 1 $ 152,000 $ 152,000 $ 162,000
Goodhue, Minnesota 1 $ 112,000 $ 112,000 $ 121,000
Washington, Minnesota 1 $ 180,000 $ 180,000 $ 42,000
St. Louis, Missouri 1 $ 96,000 $ 96,000 $ 32,000
Gallatin, Montana 1 $ 130,000 $ 130,000 $ 37,000
Sanders, Montana 1 $ 175,000 $ 175,000 $ 53,000
Silver Bow, Montana 1 $ 87,000 $ 87,000 $ 36,000
Lincoln, Nebraska 1 $ 105,000 $ 105,000 $ 108,000
Washoe, Nevada 1 $ 98,000 $ 98,000 $ 44,000
Merrimack, New Hampshire 1 $ 58,000 $ 58,000 $ 80,000
Bergen, New Jersey 1 $ 600,000 $ 600,000 $ 212,000
Queens, New York 1 $ 250,000 $ 250,000 $ 0
Richmond, New York 1 $ 65,000 $ 65,000 $ 82,000
Suffolk, New York 1 $ 190,000 $ 190,000 $ 233,000
Durham, North Carolina 1 $ 27,000 $ 27,000 $ 62,000
Jones, North Carolina 1 $ 172,000 $ 172,000 $ 62,000
Grand Forks, North Dakota 1 $ 133,000 $ 133,000 $ 64,000
Muskingum, Ohio 1 $ 70,000 $ 70,000 $ 48,000
Cleveland, Oklahoma 1 $ 40,000 $ 40,000 $ 90,000
Clatsop, Oregon 1 $ 168,000 $ 168,000 $ 46,000
Coos, Oregon 1 $ 252,000 $ 252,000 $ 19,000
Jackson, Oregon 1 $ 315,000 $ 315,000 $ 86,000
Umatilla, Oregon 1 $ 150,000 $ 150,000 $ 43,000
Dauphin, Pennsylvania 1 $ 36,000 $ 36,000 $ 102,000
Montgomery, Pennsylvania 1 $ 100,000 $ 100,000 $ 153,000
Pike, Pennsylvania 1 $ 38,000 $ 38,000 $ 72,000
Kent, Rhode Island 1 $ 120,000 $ 120,000 $ 96,000
Anderson, South Carolina 1 $ 13,000 $ 13,000 $ 90,000
Beaufort, South Carolina 1 $ 667,000 $ 667,000 $ 192,000
Richland, South Carolina 1 $ 106,000 $ 106,000 $ 53,000
Spartanburg, South Carolina 1 $ 149,000 $ 149,000 $ 76,000
York, South Carolina 1 $ 178,000 $ 178,000 $ 108,000
Meade, South Dakota 1 $ 250,000 $ 250,000 $ 94,000
McMinn, Tennessee 1 $ 143,000 $ 143,000 $ 59,000
Denton, Texas 1 $ 248,000 $ 248,000 $ 70,000
Taylor, Texas 1 $ 80,000 $ 80,000 $ 0
Travis, Texas 1 $ 336,000 $ 336,000 $ 69,000
Grand, Utah 1 $ 150,000 $ 150,000 $ 60,000
Utah, Utah 1 $ 39,000 $ 39,000 $ 288,000
Wasatch, Utah 1 $ 192,000 $ 192,000 $ 114,000
Shenandoah, Virginia 1 $ 630,000 $ 630,000 $ 136,000
Adams, Washington 1 $ 141,000 $ 141,000 $ 52,000
Douglas, Washington 1 $ 132,000 $ 132,000 $ 69,000
Jefferson, Washington 1 $ 172,000 $ 172,000 $ 42,000
Pend Oreille, Washington 1 $ 105,000 $ 105,000 $ 41,000
San Juan, Washington 1 $ 240,000 $ 240,000 $ 75,000
Stevens, Washington 1 $ 93,000 $ 93,000 $ 29,000
Whitman, Washington 1 $ 460,000 $ 460,000 $ 312,000
Berkeley, West Virginia 1 $ 216,000 $ 216,000 $ 121,000
Waukesha, Wisconsin 1 $ 200,000 $ 200,000 $ 66,000
Waushara, Wisconsin 1 $ 40,000 $ 40,000 $ 96,000

Mortgage Loan Application Detail Totals for First Independent Mortgage in 2006

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 1,126 $266,571,000 $236,000 $2,470,000 $150,000 $3,857,000
Home Purchase 1,115 $236,407,000 $212,000 $1,500,000 $136,000 $2,243,000
Home Improvement 5 $850,000 $170,000 $303,000 $102,000 $211,000

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 1,732 $392,657,000 $226,000 $1,500,000 $147,000 $3,857,000
Not Provided 253 $54,634,000 $215,000 $2,470,000 $126,000 $1,327,000
Hispanic 86 $13,530,000 $157,000 $825,000 $90,000 $400,000
Asian 85 $22,437,000 $263,000 $798,000 $180,000 $720,000
Black or African American 59 $12,682,000 $214,000 $734,000 $135,000 $393,000
Native Hawaiian or Other Pacific Islander 19 $5,888,000 $309,000 $1,099,000 $113,000 $599,000
American Indian or Alaskan Native 12 $2,000,000 $166,000 $337,000 $79,000 $150,000
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) 2,154 $484,691,000 $225,000 $2,470,000 $146,000 $3,857,000
FHA-insured (Federal Housing Administration) 81 $16,515,000 $203,000 $364,000 $63,000 $150,000
VA-guaranteed (Veterans Administration) 11 $2,622,000 $238,000 $364,000 $72,000 $136,000
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 1,453 $339,337,000 $233,000 $2,470,000 $155,000 $3,857,000
Application Withdrawn By Applicant 291 $59,518,000 $204,000 $1,500,000 $128,000 $1,327,000
Application Approved But Not Accepted 219 $46,826,000 $213,000 $1,238,000 $127,000 $1,260,000
Application Denied By Financial Institution 210 $44,382,000 $211,000 $1,512,000 $116,000 $720,000
File Closed For Incompleteness 73 $13,765,000 $188,000 $740,000 $88,000 $475,000
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
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 First Independent Mortgage's 2006 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 First Independent Mortgage'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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