Mortgage Lending Group LLC Mortgage Lending & HMDA Data, 2023

In 2023, Mortgage Lending Group LLC of Lynnwood, WA reported 25 mortgage applications totaling $13.5 million, down 60% from 2022. The average application was for $539,000, and applicants reported an average income of $179,000. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (14), Spokane-Spokane Valley, WA (3) and Tacoma-Lakewood, WA (2) (applications in parentheses).

Mortgage Company & Address Mortgage Lending Group LLC
128 4th Ave S #101
Lynnwood, WA 98020
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 25
Total Mortgage Loan Application Amount $13,475,000
Average Mortgage Loan Application Amount $539,000
Highest Mortgage Loan Application Amount $1,265,000
Average Applicant Income $179,000
Highest Applicant Income $422,000

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records Mortgage Lending Group LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Mortgage Lending Group LLC by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 12 $ 7,120,000 $ 593,333 $ 204,000
Spokane, Washington 3 $ 1,155,000 $ 385,000 $ 114,000
Pierce, Washington 2 $ 1,220,000 $ 610,000 $ 166,000
Snohomish, Washington 2 $ 1,280,000 $ 640,000 $ 202,000
Kootenai, Idaho 1 $ 185,000 $ 185,000 $ 374,000
Chelan, Washington 1 $ 485,000 $ 485,000 $ 120,000
Kittitas, Washington 1 $ 665,000 $ 665,000 $ 35,000
Lewis, Washington 1 $ 445,000 $ 445,000 $ 108,000
Thurston, Washington 1 $ 465,000 $ 465,000 $ 101,000
Walla Walla, Washington 1 $ 455,000 $ 455,000 $ 209,000

Mortgage Loan Application Detail Totals for Mortgage Lending Group LLC in 2023

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 25 $13,475,000 $539,000 $1,265,000 $179,000 $422,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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 9 $5,215,000 $579,000 $1,265,000 $208,000 $374,000
Asian 7 $3,915,000 $559,000 $725,000 $170,000 $311,000
Hispanic 5 $2,455,000 $491,000 $665,000 $112,000 $292,000
Not Provided 3 $1,635,000 $545,000 $725,000 $254,000 $422,000
Black or African American 1 $255,000 $255,000 $255,000 $82,000 $82,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 23 $12,585,000 $547,000 $1,265,000 $185,000 $422,000
FHA-insured (Federal Housing Administration) 2 $890,000 $445,000 $485,000 $104,000 $120,000
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
Loan Originated 25 $13,475,000 $539,000 $1,265,000 $179,000 $422,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 25 $13,475,000 $539,000 $1,265,000 $179,000 $422,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mortgage Lending Group LLC's 2023 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 Mortgage Lending Group 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.

Download the Washington Lender List