Olympia Federal Savings & Loan Mortgage Lending & HMDA Data, 2010
In 2010, Olympia Federal Savings & Loan of Olympia, WA reported 271 mortgage applications totaling $58.9 million, down 14% from 2009. The average application was for $217,357, and applicants reported an average income of $103,940. 79% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Olympia, WA (240) and Bremerton-Silverdale, WA (3).
| Mortgage Company & Address | Olympia Federal Savings & Loan 421 Capitol Way S Olympia, WA 98501 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 271 |
| Total Mortgage Loan Application Amount | $58,904,000 |
| Average Mortgage Loan Application Amount | $217,357 |
| Highest Mortgage Loan Application Amount | $1,575,000 |
| Average Applicant Income | $103,940 |
| Highest Applicant Income | $570,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Olympia Federal Savings & Loan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Thurston, Washington | 240 | $ 52,364,000 | $ 218,183 | $ 106,000 |
| Mason, Washington | 28 | $ 6,331,000 | $ 226,107 | $ 89,000 |
| Kitsap, Washington | 3 | $ 209,000 | $ 69,666 | $ 84,000 |
Mortgage Loan Application Detail Totals for Olympia Federal Savings & Loan in 2010
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 | 158 | $31,656,000 | $200,000 | $1,575,000 | $101,000 | $570,000 |
| Home Purchase | 106 | $25,664,000 | $242,000 | $593,000 | $107,000 | $460,000 |
| Home Improvement | 7 | $1,584,000 | $226,000 | $417,000 | $124,000 | $222,000 |
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 | 232 | $48,862,000 | $210,000 | $1,575,000 | $114,000 | $570,000 |
| Not applicable | 21 | $5,519,000 | $262,000 | $1,265,000 | $0 | $0 |
| Asian | 8 | $2,099,000 | $262,000 | $408,000 | $98,000 | $154,000 |
| Hispanic | 5 | $1,354,000 | $270,000 | $385,000 | $107,000 | $133,000 |
| American Indian or Alaskan Native | 3 | $813,000 | $271,000 | $397,000 | $82,000 | $104,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $89,000 | $89,000 | $89,000 | $146,000 | $146,000 |
| Black or African American | 1 | $168,000 | $168,000 | $168,000 | $57,000 | $57,000 |
| Not Provided | 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) | 271 | $58,904,000 | $217,000 | $1,575,000 | $104,000 | $570,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 215 | $45,855,000 | $213,000 | $1,575,000 | $105,000 | $570,000 |
| Application Withdrawn By Applicant | 36 | $8,029,000 | $223,000 | $600,000 | $110,000 | $222,000 |
| Application Denied By Financial Institution | 11 | $3,488,000 | $317,000 | $1,265,000 | $67,000 | $133,000 |
| Application Approved But Not Accepted | 5 | $787,000 | $157,000 | $264,000 | $91,000 | $169,000 |
| File Closed For Incompleteness | 4 | $745,000 | $186,000 | $230,000 | $119,000 | $186,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 4 | $856,000 | $214,000 | $385,000 | $106,000 | $133,000 |
| Collateral | 3 | $1,770,000 | $590,000 | $1,265,000 | $15,000 | $45,000 |
| Credit History | 3 | $705,000 | $235,000 | $307,000 | $66,000 | $83,000 |
| Other | 1 | $157,000 | $157,000 | $157,000 | $78,000 | $78,000 |
| Unverifiable Information | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Olympia Federal Savings & Loan's 2010 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 Olympia Federal Savings & Loan'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