Homeselect Series LLC Mortgage Lending & HMDA Data, 2008
In 2008, Homeselect Series LLC of Seattle, WA reported 28 mortgage applications totaling $5.6 million, down 76% from 2007. The average application was for $201,500, and applicants reported an average income of $56,714. 32% of its applications resulted in an originated loan and 32% were denied. Its largest market was Seattle-Bellevue-Everett, WA (23).
| Mortgage Company & Address | Homeselect Series LLC 601 Union Street, #1800 Seattle, WA 98101 |
| Federal Regulator | * available with data download |
| Years | 2008 2007 |
| Total Number of Mortgage Applications | 28 |
| Total Mortgage Loan Application Amount | $5,642,000 |
| Average Mortgage Loan Application Amount | $201,500 |
| Highest Mortgage Loan Application Amount | $468,000 |
| Average Applicant Income | $56,714 |
| Highest Applicant Income | $144,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Homeselect Series LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| King, Washington | 13 | $ 2,564,000 | $ 197,230 | $ 49,000 |
| Snohomish, Washington | 10 | $ 2,146,000 | $ 214,600 | $ 66,000 |
Mortgage Loan Application Detail Totals for Homeselect Series LLC in 2008
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 | 22 | $4,482,000 | $203,000 | $468,000 | $55,000 | $144,000 |
| Refinancing | 6 | $1,160,000 | $193,000 | $320,000 | $63,000 | $133,000 |
| Home Improvement | 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 | 19 | $3,867,000 | $203,000 | $350,000 | $57,000 | $144,000 |
| Asian | 4 | $587,000 | $146,000 | $185,000 | $41,000 | $56,000 |
| Hispanic | 3 | $859,000 | $286,000 | $468,000 | $57,000 | $74,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $180,000 | $180,000 | $180,000 | $38,000 | $38,000 |
| Not Provided | 1 | $149,000 | $149,000 | $149,000 | $130,000 | $130,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 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) | 25 | $4,724,000 | $188,000 | $350,000 | $55,000 | $144,000 |
| FHA-insured (Federal Housing Administration) | 3 | $918,000 | $306,000 | $468,000 | $66,000 | $74,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 9 | $2,421,000 | $269,000 | $468,000 | $53,000 | $74,000 |
| Loan Originated | 9 | $1,529,000 | $169,000 | $220,000 | $68,000 | $133,000 |
| Application Approved But Not Accepted | 4 | $554,000 | $138,000 | $193,000 | $38,000 | $50,000 |
| Preapproval Denied by Financial Institution | 4 | $732,000 | $183,000 | $245,000 | $62,000 | $144,000 |
| Preapproval Approved but not Accepted | 1 | $200,000 | $200,000 | $200,000 | $36,000 | $36,000 |
| Application Withdrawn By Applicant | 1 | $206,000 | $206,000 | $206,000 | $53,000 | $53,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 11 | $2,703,000 | $245,000 | $468,000 | $55,000 | $144,000 |
| Credit History | 2 | $450,000 | $225,000 | $265,000 | $62,000 | $68,000 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 Homeselect Series LLC's 2008 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 Homeselect Series 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About