Homestreet Bank Mortgage Lending & HMDA Data, 2021

In 2021, Homestreet Bank of Seattle, WA reported 8,774 mortgage applications totaling $5.3 billion, down 5% from 2020. The average application was for $603,309, and applicants reported an average income of $148,845. 77% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (2,902), Portland-Vancouver-Hillsboro, OR-WA (1,384) and Tacoma-Lakewood, WA (1,097) (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 8,774
Total Mortgage Loan Application Amount $5,293,440,000
Average Mortgage Loan Application Amount $603,309
Highest Mortgage Loan Application Amount $50,005,000
Average Applicant Income $148,845
Highest Applicant Income $2,834,000

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Act (HMDA) records Homestreet Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 2,263 $ 1,189,235,000 $ 525,512 $ 172,000
Pierce, Washington 1,097 $ 393,605,000 $ 358,801 $ 125,000
Snohomish, Washington 639 $ 233,465,000 $ 365,359 $ 129,000
Clark, Washington 599 $ 289,715,000 $ 483,664 $ 166,000
Multnomah, Oregon 422 $ 159,880,000 $ 378,862 $ 107,000
Los Angeles, California 404 $ 1,033,350,000 $ 2,557,797 $ 163,000
Spokane, Washington 304 $ 138,150,000 $ 454,440 $ 106,000
Kitsap, Washington 278 $ 123,670,000 $ 444,856 $ 141,000
Thurston, Washington 218 $ 118,090,000 $ 541,697 $ 109,000
Honolulu, Hawaii 185 $ 63,595,000 $ 343,756 $ 109,000
Clackamas, Oregon 183 $ 65,905,000 $ 360,136 $ 133,000
Washington, Oregon 131 $ 71,725,000 $ 547,519 $ 146,000
San Diego, California 97 $ 98,155,000 $ 1,011,907 $ 251,000
Chelan, Washington 81 $ 55,445,000 $ 684,506 $ 332,000
Benton, Washington 79 $ 20,395,000 $ 258,164 $ 112,000
Riverside, California 72 $ 64,810,000 $ 900,138 $ 187,000
Orange, California 70 $ 137,370,000 $ 1,962,428 $ 207,000
San Bernardino, California 70 $ 50,590,000 $ 722,714 $ 115,000
Cowlitz, Washington 69 $ 34,945,000 $ 506,449 $ 139,000
Maricopa, Arizona 63 $ 38,455,000 $ 610,396 $ 179,000
Marion, Oregon 62 $ 34,570,000 $ 557,580 $ 96,000
Yakima, Washington 57 $ 11,245,000 $ 197,280 $ 108,000
Umatilla, Oregon 56 $ 14,080,000 $ 251,428 $ 105,000
Grays Harbor, Washington 53 $ 15,445,000 $ 291,415 $ 139,000
Island, Washington 50 $ 22,070,000 $ 441,400 $ 175,000
Hawaii, Hawaii 47 $ 11,695,000 $ 248,829 $ 115,000
Mason, Washington 46 $ 11,210,000 $ 243,695 $ 101,000
Kittitas, Washington 45 $ 32,285,000 $ 717,444 $ 297,000
Maui, Hawaii 44 $ 12,130,000 $ 275,681 $ 230,000
Lane, Oregon 44 $ 47,290,000 $ 1,074,772 $ 97,000
Skagit, Washington 41 $ 13,425,000 $ 327,439 $ 120,000
Deschutes, Oregon 34 $ 31,180,000 $ 917,058 $ 184,000
Whatcom, Washington 34 $ 11,700,000 $ 344,117 $ 179,000
Franklin, Washington 33 $ 8,365,000 $ 253,484 $ 79,000
Kootenai, Idaho 31 $ 34,075,000 $ 1,099,193 $ 123,000
Kern, California 30 $ 5,180,000 $ 172,666 $ 76,000
Klickitat, Washington 29 $ 6,165,000 $ 212,586 $ 68,000
Yamhill, Oregon 26 $ 30,200,000 $ 1,161,538 $ 145,000
Lewis, Washington 24 $ 7,920,000 $ 330,000 $ 219,000
Morrow, Oregon 22 $ 4,730,000 $ 215,000 $ 73,000
Contra Costa, California 21 $ 12,495,000 $ 595,000 $ 251,000
Solano, California 21 $ 6,895,000 $ 328,333 $ 154,000
Alameda, California 20 $ 31,510,000 $ 1,575,500 $ 218,000
Douglas, Washington 20 $ 9,500,000 $ 475,000 $ 225,000
Santa Clara, California 17 $ 31,365,000 $ 1,845,000 $ 375,000
Ada, Idaho 17 $ 8,005,000 $ 470,882 $ 387,000
Polk, Oregon 17 $ 10,025,000 $ 589,705 $ 99,000
Sacramento, California 16 $ 25,160,000 $ 1,572,500 $ 112,000
Grant, Washington 15 $ 3,805,000 $ 253,666 $ 136,000
Jefferson, Washington 15 $ 6,445,000 $ 429,666 $ 212,000
Napa, California 14 $ 10,700,000 $ 764,285 $ 218,000
Okanogan, Washington 14 $ 3,750,000 $ 267,857 $ 107,000
Pima, Arizona 13 $ 17,905,000 $ 1,377,307 $ 97,000
Clark, Nevada 13 $ 14,515,000 $ 1,116,538 $ 170,000
Columbia, Oregon 13 $ 3,275,000 $ 251,923 $ 101,000
Klamath, Oregon 12 $ 2,200,000 $ 183,333 $ 98,000
Clallam, Washington 12 $ 4,130,000 $ 344,166 $ 155,000
San Francisco, California 11 $ 18,885,000 $ 1,716,818 $ 367,000
Fresno, California 10 $ 2,550,000 $ 255,000 $ 113,000
Lincoln, Oregon 10 $ 12,560,000 $ 1,256,000 $ 112,000
Linn, Oregon 10 $ 2,760,000 $ 276,000 $ 88,000
Skamania, Washington 10 $ 3,490,000 $ 349,000 $ 155,000
Madera, California 9 $ 4,305,000 $ 478,333 $ 89,000
Ventura, California 9 $ 10,435,000 $ 1,159,444 $ 156,000
Canyon, Idaho 9 $ 2,705,000 $ 300,555 $ 139,000
Whitman, Washington 9 $ 2,345,000 $ 260,555 $ 133,000
Butte, California 8 $ 2,430,000 $ 303,750 $ 103,000
Douglas, Oregon 8 $ 2,010,000 $ 251,250 $ 56,000
Pacific, Washington 8 $ 1,880,000 $ 235,000 $ 101,000
San Juan, Washington 8 $ 4,130,000 $ 516,250 $ 494,000
Walla Walla, Washington 8 $ 2,210,000 $ 276,250 $ 89,000
Pinal, Arizona 7 $ 1,195,000 $ 170,714 $ 146,000
El Dorado, California 7 $ 4,045,000 $ 577,857 $ 48,000
Latah, Idaho 7 $ 1,915,000 $ 273,571 $ 113,000
Jackson, Oregon 7 $ 4,705,000 $ 672,142 $ 52,000
Stevens, Washington 7 $ 2,505,000 $ 357,857 $ 120,000
Yavapai, Arizona 6 $ 2,000,000 $ 333,333 $ 118,000
Placer, California 6 $ 1,360,000 $ 226,666 $ 128,000
Nez Perce, Idaho 6 $ 1,070,000 $ 178,333 $ 70,000
Wasco, Oregon 6 $ 2,280,000 $ 380,000 $ 102,000
Marin, California 5 $ 3,945,000 $ 789,000 $ 250,000
San Joaquin, California 5 $ 2,815,000 $ 563,000 $ 317,000
San Mateo, California 5 $ 6,305,000 $ 1,261,000 $ 224,000
Santa Cruz, California 5 $ 3,325,000 $ 665,000 $ 212,000
Bonner, Idaho 5 $ 2,445,000 $ 489,000 $ 190,000
Hood River, Oregon 5 $ 1,125,000 $ 225,000 $ 134,000
Jefferson, Oregon 5 $ 1,385,000 $ 277,000 $ 69,000
Josephine, Oregon 5 $ 7,205,000 $ 1,441,000 $ 68,000
Tillamook, Oregon 5 $ 1,775,000 $ 355,000 $ 95,000
Columbia, Washington 5 $ 525,000 $ 105,000 $ 56,000
Lincoln, Washington 5 $ 685,000 $ 137,000 $ 80,000
Mohave, Arizona 4 $ 790,000 $ 197,500 $ 130,000
Sonoma, California 4 $ 2,280,000 $ 570,000 $ 158,000
Weld, Colorado 4 $ 16,590,000 $ 4,147,500 $ 154,000
Clatsop, Oregon 4 $ 1,190,000 $ 297,500 $ 132,000
Malheur, Oregon 4 $ 610,000 $ 152,500 $ 59,000
Union, Oregon 4 $ 670,000 $ 167,500 $ 45,000
Salt Lake, Utah 4 $ 12,190,000 $ 3,047,500 $ 45,000
Pend Oreille, Washington 4 $ 1,000,000 $ 250,000 $ 132,000
Monterey, California 3 $ 2,435,000 $ 811,666 $ 160,000
Boulder, Colorado 3 $ 1,435,000 $ 478,333 $ 143,000
Kauai, Hawaii 3 $ 885,000 $ 295,000 $ 139,000
Blaine, Idaho 3 $ 1,575,000 $ 525,000 $ 384,000
Missoula, Montana 3 $ 10,405,000 $ 3,468,333 $ 0
Crook, Oregon 3 $ 1,225,000 $ 408,333 $ 118,000
Curry, Oregon 3 $ 755,000 $ 251,666 $ 53,000
Garfield, Washington 3 $ 375,000 $ 125,000 $ 41,000
Wahkiakum, Washington 3 $ 1,405,000 $ 468,333 $ 163,000
Anchorage, Alaska 2 $ 800,000 $ 400,000 $ 439,000
Gila, Arizona 2 $ 760,000 $ 380,000 $ 50,000
San Luis Obispo, California 2 $ 2,660,000 $ 1,330,000 $ 251,000
Siskiyou, California 2 $ 190,000 $ 95,000 $ 91,000
Tehama, California 2 $ 700,000 $ 350,000 $ 93,000
Tulare, California 2 $ 3,070,000 $ 1,535,000 $ 0
Yolo, California 2 $ 3,050,000 $ 1,525,000 $ 301,000
Yuba, California 2 $ 750,000 $ 375,000 $ 0
Adams, Colorado 2 $ 21,210,000 $ 10,605,000 $ 0
Denver, Colorado 2 $ 780,000 $ 390,000 $ 343,000
Douglas, Colorado 2 $ 840,000 $ 420,000 $ 167,000
Twin Falls, Idaho 2 $ 640,000 $ 320,000 $ 85,000
Douglas, Nevada 2 $ 560,000 $ 280,000 $ 72,000
Washoe, Nevada 2 $ 280,000 $ 140,000 $ 49,000
Benton, Oregon 2 $ 560,000 $ 280,000 $ 61,000
Coos, Oregon 2 $ 560,000 $ 280,000 $ 110,000
Gilliam, Oregon 2 $ 240,000 $ 120,000 $ 79,000
Wallowa, Oregon 2 $ 250,000 $ 125,000 $ 117,000
Harris, Texas 2 $ 7,860,000 $ 3,930,000 $ 0
Asotin, Washington 2 $ 530,000 $ 265,000 $ 89,000
Coconino, Arizona 1 $ 215,000 $ 215,000 $ 27,000
Glenn, California 1 $ 235,000 $ 235,000 $ 93,000
Kings, California 1 $ 3,295,000 $ 3,295,000 $ 0
Lake, California 1 $ 105,000 $ 105,000 $ 104,000
Mendocino, California 1 $ 4,315,000 $ 4,315,000 $ 0
Merced, California 1 $ 265,000 $ 265,000 $ 47,000
Mono, California 1 $ 255,000 $ 255,000 $ 190,000
Nevada, California 1 $ 155,000 $ 155,000 $ 35,000
Santa Barbara, California 1 $ 3,905,000 $ 3,905,000 $ 0
Stanislaus, California 1 $ 7,195,000 $ 7,195,000 $ 0
Delta, Colorado 1 $ 325,000 $ 325,000 $ 69,000
El Paso, Colorado 1 $ 11,005,000 $ 11,005,000 $ 0
Gunnison, Colorado 1 $ 315,000 $ 315,000 $ 107,000
Larimer, Colorado 1 $ 12,805,000 $ 12,805,000 $ 0
Summit, Colorado 1 $ 175,000 $ 175,000 $ 117,000
Teller, Colorado 1 $ 265,000 $ 265,000 $ 125,000
Adams, Idaho 1 $ 225,000 $ 225,000 $ 54,000
Bannock, Idaho 1 $ 175,000 $ 175,000 $ 194,000
Benewah, Idaho 1 $ 155,000 $ 155,000 $ 97,000
Bonneville, Idaho 1 $ 11,125,000 $ 11,125,000 $ 0
Lewis, Idaho 1 $ 145,000 $ 145,000 $ 0
Shoshone, Idaho 1 $ 175,000 $ 175,000 $ 38,000
Washington, Idaho 1 $ 105,000 $ 105,000 $ 31,000
Flathead, Montana 1 $ 16,445,000 $ 16,445,000 $ 0
Lewis and Clark, Montana 1 $ 10,045,000 $ 10,045,000 $ 0
Humboldt, Nevada 1 $ 155,000 $ 155,000 $ 0
Baker, Oregon 1 $ 245,000 $ 245,000 $ 84,000
Grant, Oregon 1 $ 45,000 $ 45,000 $ 13,000
Randall, Texas 1 $ 6,005,000 $ 6,005,000 $ 0
Tarrant, Texas 1 $ 7,205,000 $ 7,205,000 $ 0
Travis, Texas 1 $ 19,005,000 $ 19,005,000 $ 0
Williamson, Texas 1 $ 2,755,000 $ 2,755,000 $ 0

Mortgage Loan Application Detail Totals for Homestreet Bank in 2021

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 3,036 $2,292,250,000 $755,000 $32,005,000 $141,000 $2,759,000
Home Purchase 2,634 $2,082,470,000 $790,000 $50,005,000 $168,000 $1,860,000
Cash-out Refinancing 1,944 $646,360,000 $332,000 $1,755,000 $124,000 $1,620,000
Other Purpose 536 $148,400,000 $276,000 $2,005,000 $180,000 $1,896,000
Home Improvement 489 $93,275,000 $190,000 $1,205,000 $159,000 $2,834,000
Not Applicable 135 $30,685,000 $227,000 $715,000 $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 4,924 $1,855,470,000 $376,000 $4,325,000 $148,000 $2,759,000
Not Provided 1,657 $717,375,000 $432,000 $7,005,000 $168,000 $2,834,000
Not applicable 608 $2,137,210,000 $3,515,000 $50,005,000 $0 $0
Asian 556 $245,380,000 $441,000 $2,275,000 $158,000 $1,860,000
Hispanic 500 $161,830,000 $323,000 $1,805,000 $113,000 $1,068,000
Black or African American 244 $79,960,000 $327,000 $1,055,000 $114,000 $870,000
Native Hawaiian or Other Pacific Islander 152 $44,700,000 $294,000 $745,000 $90,000 $212,000
American Indian or Alaskan Native 53 $16,925,000 $319,000 $765,000 $110,000 $700,000

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) 7,687 $4,927,785,000 $641,000 $50,005,000 $154,000 $2,834,000
FHA-insured (Federal Housing Administration) 566 $170,340,000 $300,000 $865,000 $88,000 $248,000
VA-guaranteed (Veterans Administration) 496 $188,830,000 $380,000 $1,325,000 $108,000 $464,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 25 $6,485,000 $259,000 $525,000 $69,000 $107,000

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 6,781 $4,414,675,000 $651,000 $50,005,000 $149,000 $2,834,000
Application Withdrawn By Applicant 994 $433,670,000 $436,000 $9,355,000 $159,000 $2,759,000
Application Denied By Financial Institution 571 $266,875,000 $467,000 $13,805,000 $122,000 $1,896,000
Loan Purchased By The Institution 268 $100,430,000 $374,000 $2,005,000 $0 $0
File Closed For Incompleteness 102 $43,130,000 $422,000 $2,005,000 $176,000 $1,068,000
Application Approved But Not Accepted 58 $34,660,000 $597,000 $6,005,000 $117,000 $318,000
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 8,203 $5,026,565,000 $612,000 $50,005,000 $151,000 $2,834,000
Debt-To-Income Ratio 160 $52,260,000 $326,000 $2,005,000 $63,000 $456,000
Credit Application Incomplete 140 $49,670,000 $354,000 $1,505,000 $157,000 $1,896,000
Credit History 113 $41,555,000 $367,000 $6,605,000 $128,000 $1,064,000
Collateral 82 $64,370,000 $785,000 $7,505,000 $134,000 $490,000
Other 41 $26,825,000 $654,000 $13,805,000 $191,000 $1,242,000
Unverifiable Information 20 $27,930,000 $1,396,000 $6,355,000 $149,000 $816,000
Employment History 12 $3,110,000 $259,000 $375,000 $74,000 $119,000
Insufficient Cash (Downpayment, Closing Cost) 3 $1,155,000 $385,000 $645,000 $74,000 $139,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Homestreet Bank's 2021 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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