Homestreet Bank Mortgage Lending & HMDA Data, 2020

In 2020, Homestreet Bank of Seattle, WA reported 9,211 mortgage applications totaling $5.0 billion, down 46% from 2019. The average application was for $546,738, and applicants reported an average income of $141,786. 75% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (3,175), Portland-Vancouver-Hillsboro, OR-WA (1,631) and Tacoma-Lakewood, WA (1,223) (applications in parentheses).

Mortgage Company & Address Homestreet Bank
601 Union Street 2000 Two Union Square
Seattle, WA 98101
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 9,211
Total Mortgage Loan Application Amount $5,036,005,000
Average Mortgage Loan Application Amount $546,738
Highest Mortgage Loan Application Amount $44,255,000
Average Applicant Income $141,786
Highest Applicant Income $2,940,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Homestreet Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Homestreet Bank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 2,554 $ 1,238,150,000 $ 484,788 $ 170,000
Pierce, Washington 1,223 $ 401,665,000 $ 328,426 $ 119,000
Clark, Washington 711 $ 286,655,000 $ 403,171 $ 141,000
Snohomish, Washington 621 $ 278,765,000 $ 448,896 $ 122,000
Multnomah, Oregon 495 $ 167,045,000 $ 337,464 $ 95,000
Los Angeles, California 379 $ 816,655,000 $ 2,154,762 $ 163,000
Spokane, Washington 327 $ 124,325,000 $ 380,198 $ 95,000
Kitsap, Washington 304 $ 109,840,000 $ 361,315 $ 139,000
Thurston, Washington 244 $ 71,670,000 $ 293,729 $ 105,000
Clackamas, Oregon 237 $ 93,985,000 $ 396,561 $ 126,000
Washington, Oregon 144 $ 57,120,000 $ 396,666 $ 112,000
Honolulu, Hawaii 104 $ 36,630,000 $ 352,211 $ 120,000
Chelan, Washington 95 $ 44,355,000 $ 466,894 $ 265,000
Riverside, California 77 $ 47,995,000 $ 623,311 $ 189,000
Cowlitz, Washington 73 $ 23,945,000 $ 328,013 $ 118,000
San Diego, California 68 $ 40,680,000 $ 598,235 $ 162,000
Maricopa, Arizona 64 $ 76,330,000 $ 1,192,656 $ 257,000
San Bernardino, California 63 $ 38,595,000 $ 612,619 $ 128,000
Marion, Oregon 63 $ 26,565,000 $ 421,666 $ 118,000
Mason, Washington 63 $ 15,245,000 $ 241,984 $ 127,000
Benton, Washington 60 $ 14,330,000 $ 238,833 $ 119,000
Umatilla, Oregon 56 $ 11,500,000 $ 205,357 $ 102,000
Orange, California 54 $ 130,030,000 $ 2,407,962 $ 251,000
Grays Harbor, Washington 41 $ 10,815,000 $ 263,780 $ 110,000
Island, Washington 41 $ 15,775,000 $ 384,756 $ 201,000
Skagit, Washington 39 $ 12,835,000 $ 329,102 $ 161,000
Kittitas, Washington 35 $ 17,225,000 $ 492,142 $ 232,000
Hawaii, Hawaii 34 $ 8,400,000 $ 247,058 $ 103,000
Maui, Hawaii 34 $ 10,730,000 $ 315,588 $ 145,000
Kootenai, Idaho 33 $ 58,875,000 $ 1,784,090 $ 138,000
Yakima, Washington 33 $ 29,735,000 $ 901,060 $ 104,000
Santa Clara, California 32 $ 40,040,000 $ 1,251,250 $ 237,000
Franklin, Washington 30 $ 6,270,000 $ 209,000 $ 104,000
Klickitat, Washington 28 $ 8,260,000 $ 295,000 $ 103,000
Lewis, Washington 26 $ 7,850,000 $ 301,923 $ 142,000
Deschutes, Oregon 24 $ 12,540,000 $ 522,500 $ 145,000
Morrow, Oregon 22 $ 5,060,000 $ 230,000 $ 93,000
Ada, Idaho 21 $ 19,555,000 $ 931,190 $ 137,000
Lane, Oregon 21 $ 14,755,000 $ 702,619 $ 90,000
Whatcom, Washington 21 $ 5,705,000 $ 271,666 $ 103,000
Clark, Nevada 17 $ 30,895,000 $ 1,817,352 $ 118,000
Contra Costa, California 16 $ 24,770,000 $ 1,548,125 $ 187,000
Columbia, Oregon 16 $ 3,970,000 $ 248,125 $ 95,000
Jefferson, Washington 16 $ 3,790,000 $ 236,875 $ 105,000
Douglas, Oregon 15 $ 3,525,000 $ 235,000 $ 80,000
Yamhill, Oregon 15 $ 3,885,000 $ 259,000 $ 76,000
Polk, Oregon 14 $ 3,320,000 $ 237,142 $ 87,000
Okanogan, Washington 14 $ 4,590,000 $ 327,857 $ 234,000
Kern, California 13 $ 9,885,000 $ 760,384 $ 113,000
Jackson, Oregon 13 $ 36,175,000 $ 2,782,692 $ 65,000
Grant, Washington 13 $ 3,295,000 $ 253,461 $ 140,000
Skamania, Washington 13 $ 3,025,000 $ 232,692 $ 125,000
Stevens, Washington 13 $ 3,365,000 $ 258,846 $ 85,000
Coos, Oregon 12 $ 2,700,000 $ 225,000 $ 84,000
Sacramento, California 11 $ 12,735,000 $ 1,157,727 $ 118,000
Lincoln, Oregon 11 $ 11,505,000 $ 1,045,909 $ 105,000
Clallam, Washington 10 $ 2,190,000 $ 219,000 $ 104,000
Douglas, Washington 10 $ 3,660,000 $ 366,000 $ 140,000
San Juan, Washington 10 $ 5,380,000 $ 538,000 $ 231,000
Alameda, California 9 $ 13,005,000 $ 1,445,000 $ 189,000
Butte, California 9 $ 1,675,000 $ 186,111 $ 96,000
Fresno, California 9 $ 21,285,000 $ 2,365,000 $ 195,000
Marin, California 9 $ 16,855,000 $ 1,872,777 $ 194,000
Napa, California 9 $ 5,675,000 $ 630,555 $ 317,000
Placer, California 9 $ 5,595,000 $ 621,666 $ 209,000
Benton, Oregon 9 $ 6,295,000 $ 699,444 $ 112,000
Clatsop, Oregon 9 $ 2,615,000 $ 290,555 $ 128,000
Curry, Oregon 9 $ 2,715,000 $ 301,666 $ 91,000
Walla Walla, Washington 9 $ 4,175,000 $ 463,888 $ 153,000
San Joaquin, California 8 $ 39,640,000 $ 4,955,000 $ 202,000
Solano, California 8 $ 6,300,000 $ 787,500 $ 232,000
Kauai, Hawaii 8 $ 2,590,000 $ 323,750 $ 158,000
Pacific, Washington 8 $ 1,790,000 $ 223,750 $ 133,000
Linn, Oregon 7 $ 26,435,000 $ 3,776,428 $ 93,000
Mohave, Arizona 6 $ 1,340,000 $ 223,333 $ 107,000
Pinal, Arizona 6 $ 1,380,000 $ 230,000 $ 124,000
San Mateo, California 6 $ 23,820,000 $ 3,970,000 $ 216,000
Stanislaus, California 6 $ 1,240,000 $ 206,666 $ 166,000
Ventura, California 6 $ 3,490,000 $ 581,666 $ 129,000
Yuba, California 6 $ 1,990,000 $ 331,666 $ 103,000
Denver, Colorado 6 $ 11,710,000 $ 1,951,666 $ 208,000
Nez Perce, Idaho 6 $ 1,320,000 $ 220,000 $ 97,000
Pima, Arizona 5 $ 905,000 $ 181,000 $ 72,000
San Francisco, California 5 $ 8,245,000 $ 1,649,000 $ 270,000
Canyon, Idaho 5 $ 565,000 $ 113,000 $ 57,000
Columbia, Washington 5 $ 385,000 $ 77,000 $ 63,000
Pend Oreille, Washington 5 $ 1,375,000 $ 275,000 $ 187,000
Whitman, Washington 5 $ 805,000 $ 161,000 $ 64,000
Calaveras, California 4 $ 1,220,000 $ 305,000 $ 120,000
El Dorado, California 4 $ 1,290,000 $ 322,500 $ 166,000
Monterey, California 4 $ 2,370,000 $ 592,500 $ 205,000
Santa Barbara, California 4 $ 6,140,000 $ 1,535,000 $ 281,000
Boulder, Colorado 4 $ 2,420,000 $ 605,000 $ 138,000
Blaine, Idaho 4 $ 2,630,000 $ 657,500 $ 351,000
Payette, Idaho 4 $ 590,000 $ 147,500 $ 53,000
Hood River, Oregon 4 $ 910,000 $ 227,500 $ 115,000
Tillamook, Oregon 4 $ 1,010,000 $ 252,500 $ 129,000
Wasco, Oregon 4 $ 570,000 $ 142,500 $ 76,000
Salt Lake, Utah 4 $ 52,020,000 $ 13,005,000 $ 86,000
Sonoma, California 3 $ 5,475,000 $ 1,825,000 $ 190,000
Broomfield, Colorado 3 $ 1,605,000 $ 535,000 $ 189,000
Bonner, Idaho 3 $ 545,000 $ 181,666 $ 118,000
Bonneville, Idaho 3 $ 14,455,000 $ 4,818,333 $ 605,000
Twin Falls, Idaho 3 $ 775,000 $ 258,333 $ 83,000
Missoula, Montana 3 $ 10,165,000 $ 3,388,333 $ 0
Yellowstone, Montana 3 $ 18,575,000 $ 6,191,666 $ 0
Douglas, Nevada 3 $ 1,005,000 $ 335,000 $ 301,000
Gilliam, Oregon 3 $ 435,000 $ 145,000 $ 86,000
Jefferson, Oregon 3 $ 685,000 $ 228,333 $ 90,000
Klamath, Oregon 3 $ 475,000 $ 158,333 $ 82,000
Adams, Washington 3 $ 605,000 $ 201,666 $ 74,000
Asotin, Washington 3 $ 305,000 $ 101,666 $ 71,000
Lincoln, Washington 3 $ 555,000 $ 185,000 $ 120,000
Gila, Arizona 2 $ 450,000 $ 225,000 $ 82,000
Yavapai, Arizona 2 $ 520,000 $ 260,000 $ 99,000
San Luis Obispo, California 2 $ 7,540,000 $ 3,770,000 $ 64,000
Tehama, California 2 $ 640,000 $ 320,000 $ 112,000
Tuolumne, California 2 $ 260,000 $ 130,000 $ 65,000
Yolo, California 2 $ 820,000 $ 410,000 $ 127,000
Douglas, Colorado 2 $ 760,000 $ 380,000 $ 131,000
Adams, Idaho 2 $ 250,000 $ 125,000 $ 42,000
Boise, Idaho 2 $ 490,000 $ 245,000 $ 84,000
Idaho, Idaho 2 $ 480,000 $ 240,000 $ 200,000
Valley, Idaho 2 $ 770,000 $ 385,000 $ 192,000
Nye, Nevada 2 $ 440,000 $ 220,000 $ 192,000
Crook, Oregon 2 $ 1,060,000 $ 530,000 $ 183,000
Grant, Oregon 2 $ 260,000 $ 130,000 $ 68,000
Union, Oregon 2 $ 130,000 $ 65,000 $ 39,000
Travis, Texas 2 $ 11,700,000 $ 5,850,000 $ 0
Utah, Utah 2 $ 180,000 $ 90,000 $ 145,000
Ferry, Washington 2 $ 470,000 $ 235,000 $ 108,000
Juneau, Alaska 1 $ 145,000 $ 145,000 $ 290,000
Kenai Peninsula, Alaska 1 $ 145,000 $ 145,000 $ 320,000
Matanuska-Susitna, Alaska 1 $ 295,000 $ 295,000 $ 80,000
Glenn, California 1 $ 265,000 $ 265,000 $ 0
Lake, California 1 $ 165,000 $ 165,000 $ 49,000
Madera, California 1 $ 155,000 $ 155,000 $ 61,000
Merced, California 1 $ 85,000 $ 85,000 $ 61,000
Santa Cruz, California 1 $ 745,000 $ 745,000 $ 308,000
Siskiyou, California 1 $ 255,000 $ 255,000 $ 52,000
Tulare, California 1 $ 215,000 $ 215,000 $ 49,000
Adams, Colorado 1 $ 185,000 $ 185,000 $ 0
Arapahoe, Colorado 1 $ 8,785,000 $ 8,785,000 $ 0
Garfield, Colorado 1 $ 375,000 $ 375,000 $ 139,000
Jefferson, Colorado 1 $ 295,000 $ 295,000 $ 87,000
Pueblo, Colorado 1 $ 2,505,000 $ 2,505,000 $ 0
Weld, Colorado 1 $ 345,000 $ 345,000 $ 61,000
Bannock, Idaho 1 $ 9,005,000 $ 9,005,000 $ 0
Benewah, Idaho 1 $ 205,000 $ 205,000 $ 39,000
Cassia, Idaho 1 $ 145,000 $ 145,000 $ 52,000
Gem, Idaho 1 $ 35,000 $ 35,000 $ 18,000
Latah, Idaho 1 $ 185,000 $ 185,000 $ 0
Lemhi, Idaho 1 $ 275,000 $ 275,000 $ 0
Owyhee, Idaho 1 $ 225,000 $ 225,000 $ 98,000
Shoshone, Idaho 1 $ 205,000 $ 205,000 $ 160,000
Washington, Idaho 1 $ 45,000 $ 45,000 $ 56,000
Gallatin, Montana 1 $ 12,955,000 $ 12,955,000 $ 0
Baker, Oregon 1 $ 115,000 $ 115,000 $ 67,000
Lake, Oregon 1 $ 155,000 $ 155,000 $ 53,000
Sherman, Oregon 1 $ 195,000 $ 195,000 $ 53,000
Wallowa, Oregon 1 $ 105,000 $ 105,000 $ 98,000
Tarrant, Texas 1 $ 8,255,000 $ 8,255,000 $ 0
Davis, Utah 1 $ 265,000 $ 265,000 $ 0
Summit, Utah 1 $ 485,000 $ 485,000 $ 559,000
Weber, Utah 1 $ 105,000 $ 105,000 $ 304,000
Wahkiakum, Washington 1 $ 235,000 $ 235,000 $ 54,000
Laramie, Wyoming 1 $ 9,425,000 $ 9,425,000 $ 0

Mortgage Loan Application Detail Totals for Homestreet Bank in 2020

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 3,841 $2,466,115,000 $642,000 $24,005,000 $141,000 $1,903,000
Home Purchase 2,758 $1,843,260,000 $668,000 $44,255,000 $152,000 $2,940,000
Cash-out Refinancing 1,842 $592,220,000 $321,000 $1,505,000 $124,000 $1,213,000
Other Purpose 445 $73,905,000 $166,000 $805,000 $165,000 $1,760,000
Home Improvement 277 $50,975,000 $184,000 $1,785,000 $132,000 $607,000
Not Applicable 48 $9,530,000 $198,000 $785,000 $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 5,280 $1,838,590,000 $348,000 $20,005,000 $139,000 $2,940,000
Not Provided 1,993 $842,675,000 $422,000 $8,785,000 $159,000 $2,430,000
Not applicable 602 $1,884,620,000 $3,130,000 $44,255,000 $0 $0
Asian 492 $194,540,000 $395,000 $2,005,000 $138,000 $1,474,000
Hispanic 398 $123,040,000 $309,000 $1,505,000 $106,000 $482,000
Black or African American 214 $69,180,000 $323,000 $765,000 $108,000 $480,000
Native Hawaiian or Other Pacific Islander 102 $32,150,000 $315,000 $605,000 $104,000 $538,000
American Indian or Alaskan Native 51 $15,335,000 $300,000 $985,000 $168,000 $870,000

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) 8,117 $4,671,705,000 $575,000 $44,255,000 $146,000 $2,940,000
FHA-insured (Federal Housing Administration) 540 $164,010,000 $303,000 $755,000 $89,000 $600,000
VA-guaranteed (Veterans Administration) 525 $193,195,000 $367,000 $1,905,000 $106,000 $538,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $7,095,000 $244,000 $395,000 $61,000 $103,000

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 6,879 $3,984,245,000 $579,000 $44,255,000 $142,000 $2,430,000
Application Withdrawn By Applicant 1,274 $509,930,000 $400,000 $14,105,000 $148,000 $2,940,000
Application Denied By Financial Institution 636 $367,220,000 $577,000 $24,005,000 $116,000 $1,200,000
Loan Purchased By The Institution 260 $113,420,000 $436,000 $2,005,000 $0 $0
File Closed For Incompleteness 93 $36,175,000 $388,000 $2,005,000 $165,000 $1,339,000
Application Approved But Not Accepted 69 $25,015,000 $362,000 $2,015,000 $134,000 $464,000
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
Not applicable 8,575 $4,668,785,000 $544,000 $44,255,000 $143,000 $2,940,000
Credit Application Incomplete 164 $65,590,000 $399,000 $10,305,000 $152,000 $1,200,000
Debt-To-Income Ratio 147 $38,275,000 $260,000 $2,005,000 $68,000 $300,000
Collateral 119 $125,235,000 $1,052,000 $24,005,000 $140,000 $581,000
Credit History 109 $44,735,000 $410,000 $8,255,000 $105,000 $339,000
Other 64 $82,900,000 $1,295,000 $11,805,000 $123,000 $1,066,000
Employment History 15 $5,405,000 $360,000 $1,985,000 $91,000 $267,000
Insufficient Cash (Downpayment, Closing Cost) 9 $3,495,000 $388,000 $1,055,000 $121,000 $385,000
Unverifiable Information 9 $1,585,000 $176,000 $425,000 $86,000 $110,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Homestreet Bank's 2020 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 Homestreet 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.
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