Golf Savings Bank Mortgage Lending & HMDA Data, 2007

In 2007, Golf Savings Bank of Mountlake Terrace, WA reported 8,242 mortgage applications totaling $2.0 billion, up 38% from 2006. The average application was for $245,220, and applicants reported an average income of $125,407. 70% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (2,634), Kennewick-Richland-Pasco, WA (1,087) and Spokane, WA (488) (applications in parentheses).

Mortgage Company & Address Golf Savings Bank
6505 218th St Sw Suite 6
Mountlake Terrace, WA 98043
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 8,242
Total Mortgage Loan Application Amount $2,021,109,000
Average Mortgage Loan Application Amount $245,220
Highest Mortgage Loan Application Amount $14,161,000
Average Applicant Income $125,407
Highest Applicant Income $7,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Golf Savings Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Golf Savings Bank by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 1,585 $ 515,883,000 $ 325,478 $ 137,000
Snohomish, Washington 1,049 $ 272,326,000 $ 259,605 $ 97,000
Benton, Washington 854 $ 137,955,000 $ 161,539 $ 88,000
Spokane, Washington 488 $ 83,194,000 $ 170,479 $ 76,000
Kitsap, Washington 372 $ 77,455,000 $ 208,212 $ 85,000
Pierce, Washington 353 $ 76,575,000 $ 216,926 $ 84,000
Kootenai, Idaho 238 $ 56,197,000 $ 236,121 $ 94,000
Franklin, Washington 233 $ 35,398,000 $ 151,922 $ 72,000
Skagit, Washington 209 $ 49,603,000 $ 237,334 $ 85,000
Coos, Oregon 207 $ 38,363,000 $ 185,328 $ 81,000
Grant, Washington 167 $ 26,845,000 $ 160,748 $ 87,000
Clackamas, Oregon 153 $ 80,129,000 $ 523,718 $ 792,000
Whatcom, Washington 123 $ 31,845,000 $ 258,902 $ 109,000
Ada, Idaho 117 $ 26,938,000 $ 230,239 $ 162,000
Jackson, Oregon 102 $ 24,424,000 $ 239,450 $ 136,000
Yakima, Washington 101 $ 17,254,000 $ 170,831 $ 62,000
Salt Lake, Utah 97 $ 20,809,000 $ 214,525 $ 144,000
Washington, Oregon 94 $ 35,081,000 $ 373,202 $ 151,000
Klamath, Oregon 93 $ 16,705,000 $ 179,623 $ 76,000
Multnomah, Oregon 85 $ 34,576,000 $ 406,776 $ 200,000
Clark, Washington 81 $ 21,067,000 $ 260,086 $ 203,000
Island, Washington 73 $ 20,353,000 $ 278,808 $ 102,000
Kittitas, Washington 67 $ 17,217,000 $ 256,970 $ 180,000
Mason, Washington 67 $ 13,834,000 $ 206,477 $ 70,000
Walla Walla, Washington 66 $ 11,016,000 $ 166,909 $ 70,000
Canyon, Idaho 60 $ 9,963,000 $ 166,050 $ 80,000
Lane, Oregon 57 $ 12,951,000 $ 227,210 $ 87,000
Nez Perce, Idaho 53 $ 6,613,000 $ 124,773 $ 67,000
Thurston, Washington 53 $ 12,704,000 $ 239,698 $ 97,000
Deschutes, Oregon 51 $ 16,743,000 $ 328,294 $ 253,000
Clallam, Washington 43 $ 8,523,000 $ 198,209 $ 69,000
Marion, Oregon 39 $ 7,947,000 $ 203,769 $ 167,000
Utah, Utah 32 $ 12,355,000 $ 386,093 $ 213,000
Asotin, Washington 31 $ 4,050,000 $ 130,645 $ 60,000
Maricopa, Arizona 29 $ 7,324,000 $ 252,551 $ 183,000
Latah, Idaho 29 $ 4,811,000 $ 165,896 $ 111,000
Grays Harbor, Washington 26 $ 3,005,000 $ 115,576 $ 80,000
Idaho, Idaho 25 $ 3,806,000 $ 152,240 $ 65,000
Lewis, Washington 24 $ 3,903,000 $ 162,625 $ 65,000
Josephine, Oregon 21 $ 4,144,000 $ 197,333 $ 161,000
Stevens, Washington 21 $ 3,516,000 $ 167,428 $ 67,000
Douglas, Oregon 20 $ 3,800,000 $ 190,000 $ 73,000
Adams, Washington 19 $ 2,507,000 $ 131,947 $ 74,000
Bonner, Idaho 18 $ 5,074,000 $ 281,888 $ 112,000
Clatsop, Oregon 17 $ 5,429,000 $ 319,352 $ 141,000
Umatilla, Oregon 16 $ 2,615,000 $ 163,437 $ 71,000
Davis, Utah 16 $ 6,910,000 $ 431,875 $ 240,000
Linn, Oregon 15 $ 2,475,000 $ 165,000 $ 493,000
Yamhill, Oregon 14 $ 7,049,000 $ 503,500 $ 862,000
Riverside, California 13 $ 4,241,000 $ 326,230 $ 145,000
Wasatch, Utah 13 $ 13,512,000 $ 1,039,384 $ 267,000
Chelan, Washington 13 $ 3,947,000 $ 303,615 $ 136,000
Okanogan, Washington 13 $ 2,163,000 $ 166,384 $ 95,000
Curry, Oregon 12 $ 2,506,000 $ 208,833 $ 101,000
Harney, Oregon 12 $ 1,480,000 $ 123,333 $ 70,000
Douglas, Washington 12 $ 2,641,000 $ 220,083 $ 95,000
Jefferson, Washington 12 $ 2,117,000 $ 176,416 $ 81,000
Union, Oregon 11 $ 1,378,000 $ 125,272 $ 68,000
Columbia, Oregon 10 $ 1,825,000 $ 182,500 $ 863,000
Benewah, Idaho 9 $ 1,664,000 $ 184,888 $ 68,000
Crook, Oregon 9 $ 3,176,000 $ 352,888 $ 160,000
Tillamook, Oregon 9 $ 3,770,000 $ 418,888 $ 238,000
Pima, Arizona 8 $ 1,950,000 $ 243,750 $ 157,000
Benton, Oregon 8 $ 2,468,000 $ 308,500 $ 198,000
Tooele, Utah 8 $ 1,146,000 $ 143,250 $ 198,000
Kern, California 7 $ 1,097,000 $ 156,714 $ 88,000
Valley, Idaho 7 $ 3,858,000 $ 551,142 $ 428,000
Clark, Nevada 7 $ 2,155,000 $ 307,857 $ 134,000
Polk, Oregon 7 $ 1,580,000 $ 225,714 $ 2,170,000
Cowlitz, Washington 7 $ 1,436,000 $ 205,142 $ 210,000
Whitman, Washington 7 $ 1,229,000 $ 175,571 $ 54,000
Lewis, Idaho 6 $ 380,000 $ 63,333 $ 53,000
Lincoln, Oregon 6 $ 2,310,000 $ 385,000 $ 276,000
Weber, Utah 6 $ 1,822,000 $ 303,666 $ 98,000
Klickitat, Washington 6 $ 658,000 $ 109,666 $ 131,000
Los Angeles, California 5 $ 3,969,000 $ 793,800 $ 255,000
Payette, Idaho 5 $ 789,000 $ 157,800 $ 74,000
Lincoln, Washington 5 $ 929,000 $ 185,800 $ 61,000
San Diego, California 4 $ 1,149,000 $ 287,250 $ 97,000
Gem, Idaho 4 $ 592,000 $ 148,000 $ 51,000
Owyhee, Idaho 4 $ 313,000 $ 78,250 $ 42,000
Shoshone, Idaho 4 $ 407,000 $ 101,750 $ 67,000
Baker, Oregon 4 $ 966,000 $ 241,500 $ 91,000
Jefferson, Oregon 4 $ 726,000 $ 181,500 $ 61,000
Malheur, Oregon 4 $ 677,000 $ 169,250 $ 415,000
Ferry, Washington 4 $ 395,000 $ 98,750 $ 56,000
Pacific, Washington 4 $ 590,000 $ 147,500 $ 110,000
Pend Oreille, Washington 4 $ 807,000 $ 201,750 $ 105,000
Orange, California 3 $ 928,000 $ 309,333 $ 168,000
Yuba, California 3 $ 265,000 $ 88,333 $ 39,000
Boise, Idaho 3 $ 1,042,000 $ 347,333 $ 109,000
Flathead, Montana 3 $ 571,000 $ 190,333 $ 452,000
Missoula, Montana 3 $ 1,036,000 $ 345,333 $ 152,000
Park, Montana 3 $ 419,000 $ 139,666 $ 71,000
Grant, Oregon 3 $ 300,000 $ 100,000 $ 61,000
Hood River, Oregon 3 $ 1,279,000 $ 426,333 $ 219,000
Lake, Oregon 3 $ 348,000 $ 116,000 $ 51,000
Coconino, Arizona 2 $ 603,000 $ 301,500 $ 60,000
Mohave, Arizona 2 $ 1,351,000 $ 675,500 $ 200,000
Pinal, Arizona 2 $ 1,146,000 $ 573,000 $ 45,000
Yuma, Arizona 2 $ 249,000 $ 124,500 $ 12,000
Madera, California 2 $ 410,000 $ 205,000 $ 150,000
Marin, California 2 $ 1,233,000 $ 616,500 $ 503,000
Modoc, California 2 $ 294,000 $ 147,000 $ 43,000
San Bernardino, California 2 $ 593,000 $ 296,500 $ 125,000
Siskiyou, California 2 $ 157,000 $ 78,500 $ 41,000
Solano, California 2 $ 660,000 $ 330,000 $ 63,000
Tuolumne, California 2 $ 672,000 $ 336,000 $ 279,000
Ventura, California 2 $ 1,135,000 $ 567,500 $ 178,000
Arapahoe, Colorado 2 $ 223,000 $ 111,500 $ 89,000
Boulder, Colorado 2 $ 432,000 $ 216,000 $ 113,000
Denver, Colorado 2 $ 707,000 $ 353,500 $ 224,000
Eagle, Colorado 2 $ 763,000 $ 381,500 $ 164,000
Summit, Colorado 2 $ 632,000 $ 316,000 $ 710,000
Bonneville, Idaho 2 $ 315,000 $ 157,500 $ 67,000
Boundary, Idaho 2 $ 450,000 $ 225,000 $ 64,000
Clearwater, Idaho 2 $ 241,000 $ 120,500 $ 23,000
Fremont, Idaho 2 $ 729,000 $ 364,500 $ 77,000
Baltimore, Maryland 2 $ 363,000 $ 181,500 $ 63,000
Cascade, Montana 2 $ 138,000 $ 69,000 $ 72,000
Gallatin, Montana 2 $ 510,000 $ 255,000 $ 60,000
Madison, Montana 2 $ 200,000 $ 100,000 $ 67,000
Pondera, Montana 2 $ 91,000 $ 45,500 $ 374,000
Yellowstone, Montana 2 $ 261,000 $ 130,500 $ 51,000
Wallowa, Oregon 2 $ 230,000 $ 115,000 $ 59,000
Wasco, Oregon 2 $ 786,000 $ 393,000 $ 690,000
Summit, Utah 2 $ 5,100,000 $ 2,550,000 $ 480,000
Fairfax, Virginia 2 $ 644,000 $ 322,000 $ 96,000
Columbia, Washington 2 $ 259,000 $ 129,500 $ 58,000
San Juan, Washington 2 $ 822,000 $ 411,000 $ 321,000
Skamania, Washington 2 $ 249,000 $ 124,500 $ 123,000
Sitka, Alaska 1 $ 320,000 $ 320,000 $ 299,000
Navajo, Arizona 1 $ 125,000 $ 125,000 $ 192,000
Calaveras, California 1 $ 357,000 $ 357,000 $ 360,000
Contra Costa, California 1 $ 488,000 $ 488,000 $ 180,000
El Dorado, California 1 $ 1,014,000 $ 1,014,000 $ 300,000
Monterey, California 1 $ 225,000 $ 225,000 $ 72,000
Sacramento, California 1 $ 286,000 $ 286,000 $ 143,000
San Francisco, California 1 $ 647,000 $ 647,000 $ 228,000
Santa Clara, California 1 $ 585,000 $ 585,000 $ 233,000
Shasta, California 1 $ 225,000 $ 225,000 $ 74,000
Yolo, California 1 $ 370,000 $ 370,000 $ 60,000
El Paso, Colorado 1 $ 128,000 $ 128,000 $ 46,000
Jefferson, Colorado 1 $ 179,000 $ 179,000 $ 67,000
Larimer, Colorado 1 $ 269,000 $ 269,000 $ 137,000
Montrose, Colorado 1 $ 140,000 $ 140,000 $ 44,000
Phillips, Colorado 1 $ 168,000 $ 168,000 $ 31,000
Routt, Colorado 1 $ 475,000 $ 475,000 $ 118,000
San Miguel, Colorado 1 $ 139,000 $ 139,000 $ 60,000
Seminole, Florida 1 $ 252,000 $ 252,000 $ 176,000
Adams, Idaho 1 $ 54,000 $ 54,000 $ 18,000
Bannock, Idaho 1 $ 141,000 $ 141,000 $ 43,000
Bingham, Idaho 1 $ 163,000 $ 163,000 $ 0
Blaine, Idaho 1 $ 213,000 $ 213,000 $ 39,000
Gooding, Idaho 1 $ 192,000 $ 192,000 $ 57,000
Madison, Idaho 1 $ 171,000 $ 171,000 $ 95,000
Minidoka, Idaho 1 $ 203,000 $ 203,000 $ 91,000
Twin Falls, Idaho 1 $ 79,000 $ 79,000 $ 45,000
Kalamazoo, Michigan 1 $ 184,000 $ 184,000 $ 80,000
Granite, Montana 1 $ 400,000 $ 400,000 $ 0
Judith Basin, Montana 1 $ 85,000 $ 85,000 $ 44,000
Ravalli, Montana 1 $ 238,000 $ 238,000 $ 0
Sanders, Montana 1 $ 232,000 $ 232,000 $ 86,000
Silver Bow, Montana 1 $ 32,000 $ 32,000 $ 87,000
Toole, Montana 1 $ 64,000 $ 64,000 $ 372,000
Lancaster, Nebraska 1 $ 229,000 $ 229,000 $ 125,000
Lyon, Nevada 1 $ 100,000 $ 100,000 $ 95,000
Washoe, Nevada 1 $ 214,000 $ 214,000 $ 85,000
Clermont, Ohio 1 $ 120,000 $ 120,000 $ 606,000
Morrow, Oregon 1 $ 90,000 $ 90,000 $ 46,000
Box Elder, Utah 1 $ 93,000 $ 93,000 $ 0
Cache, Utah 1 $ 202,000 $ 202,000 $ 80,000
Millard, Utah 1 $ 1,800,000 $ 1,800,000 $ 0
Washington, Utah 1 $ 188,000 $ 188,000 $ 312,000
Hanover, Virginia 1 $ 317,000 $ 317,000 $ 79,000
Loudoun, Virginia 1 $ 570,000 $ 570,000 $ 96,000
Manassas, Virginia 1 $ 450,000 $ 450,000 $ 0
Portsmouth, Virginia 1 $ 38,000 $ 38,000 $ 43,000
Spotsylvania, Virginia 1 $ 300,000 $ 300,000 $ 61,000
Virginia Beach, Virginia 1 $ 200,000 $ 200,000 $ 0
Garfield, Washington 1 $ 38,000 $ 38,000 $ 13,000
Wahkiakum, Washington 1 $ 404,000 $ 404,000 $ 77,000

Mortgage Loan Application Detail Totals for Golf Savings Bank in 2007

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 4,607 $1,018,112,000 $220,000 $14,161,000 $103,000 $5,880,000
Refinancing 3,622 $996,595,000 $275,000 $5,400,000 $154,000 $7,999,000
Home Improvement 13 $6,402,000 $492,000 $2,650,000 $100,000 $434,000

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 7,139 $1,734,696,000 $242,000 $14,161,000 $129,000 $7,999,000
Hispanic 378 $72,787,000 $192,000 $1,250,000 $86,000 $1,289,000
Not Provided 366 $85,436,000 $233,000 $1,580,000 $121,000 $1,804,000
Asian 187 $48,640,000 $260,000 $5,400,000 $117,000 $600,000
Black or African American 94 $22,885,000 $243,000 $910,000 $99,000 $840,000
Native Hawaiian or Other Pacific Islander 39 $9,033,000 $231,000 $784,000 $123,000 $600,000
American Indian or Alaskan Native 26 $4,252,000 $163,000 $348,000 $58,000 $125,000
Not applicable 13 $43,380,000 $3,336,000 $10,500,000 $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) 7,309 $1,842,628,000 $252,000 $14,161,000 $133,000 $7,999,000
FHA-insured (Federal Housing Administration) 734 $134,032,000 $182,000 $368,000 $63,000 $455,000
VA-guaranteed (Veterans Administration) 199 $44,449,000 $223,000 $417,000 $65,000 $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 5,781 $1,378,485,000 $238,000 $14,161,000 $116,000 $7,050,000
Application Withdrawn By Applicant 1,951 $508,996,000 $260,000 $5,400,000 $159,000 $7,999,000
Application Denied By Financial Institution 290 $68,660,000 $236,000 $1,815,000 $80,000 $3,024,000
Application Approved But Not Accepted 115 $42,106,000 $366,000 $3,000,000 $185,000 $2,267,000
File Closed For Incompleteness 105 $22,862,000 $217,000 $765,000 $73,000 $366,000
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 Golf Savings Bank's 2007 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 Golf Savings Bank'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