Olympia Federal Savings & Loan Mortgage Lending & HMDA Data, 2022
In 2022, Olympia Federal Savings & Loan of Olympia, WA reported 636 mortgage applications totaling $280.9 million, down 5% from 2021. The average application was for $441,603, and applicants reported an average income of $189,474. 61% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Olympia-Tumwater, WA (344), Tacoma-Lakewood, WA (41) and Seattle-Bellevue-Everett, WA (18) (applications in parentheses).
| Mortgage Company & Address | Olympia Federal Savings & Loan 421 Capital Way S Olympia, WA 98501 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 |
| Total Number of Mortgage Applications | 636 |
| Total Mortgage Loan Application Amount | $280,860,000 |
| Average Mortgage Loan Application Amount | $441,603 |
| Highest Mortgage Loan Application Amount | $9,905,000 |
| Average Applicant Income | $189,474 |
| Highest Applicant Income | $5,705,000 |
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records Olympia Federal Savings & Loan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Olympia-Tumwater, WA | 344 | $ 151,790,000 | $ 441,250 | $ 190,000 |
| Outside any metro area | 202 | $ 79,180,000 | $ 391,980 | $ 184,000 |
| Tacoma-Lakewood, WA | 41 | $ 19,335,000 | $ 471,585 | $ 168,000 |
| Seattle-Bellevue-Everett, WA | 18 | $ 13,860,000 | $ 770,000 | $ 145,000 |
| Bremerton-Silverdale, WA | 17 | $ 10,365,000 | $ 609,705 | $ 131,000 |
| Bellingham, WA | 2 | $ 750,000 | $ 375,000 | $ 180,000 |
| Longview, WA | 2 | $ 1,370,000 | $ 685,000 | $ 0 |
| Portland-Vancouver-Hillsboro, OR-WA | 1 | $ 115,000 | $ 115,000 | $ 100,000 |
Mortgage Loan Application Detail Totals for Olympia Federal Savings & Loan in 2022
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 | 390 | $198,850,000 | $509,000 | $9,905,000 | $201,000 | $5,705,000 |
| Refinancing | 164 | $71,070,000 | $433,000 | $6,105,000 | $145,000 | $627,000 |
| Home Improvement | 50 | $5,510,000 | $110,000 | $365,000 | $176,000 | $2,280,000 |
| Other Purpose | 32 | $5,430,000 | $169,000 | $415,000 | $298,000 | $1,800,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 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 | 394 | $144,290,000 | $366,000 | $1,555,000 | $189,000 | $5,705,000 |
| Not Provided | 134 | $53,740,000 | $401,000 | $1,215,000 | $202,000 | $1,526,000 |
| Not applicable | 60 | $61,910,000 | $1,031,000 | $9,905,000 | $0 | $0 |
| Asian | 18 | $7,100,000 | $394,000 | $825,000 | $160,000 | $321,000 |
| Hispanic | 11 | $7,865,000 | $715,000 | $1,845,000 | $204,000 | $578,000 |
| American Indian or Alaskan Native | 9 | $2,875,000 | $319,000 | $705,000 | $169,000 | $448,000 |
| Black or African American | 7 | $2,135,000 | $305,000 | $805,000 | $156,000 | $300,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $610,000 | $305,000 | $585,000 | $131,000 | $151,000 |
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) | 636 | $280,860,000 | $441,000 | $9,905,000 | $190,000 | $5,705,000 |
| 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 | 385 | $166,715,000 | $433,000 | $9,905,000 | $160,000 | $690,000 |
| Application Withdrawn By Applicant | 135 | $53,405,000 | $395,000 | $1,555,000 | $299,000 | $5,705,000 |
| Application Denied By Financial Institution | 49 | $23,145,000 | $472,000 | $6,105,000 | $101,000 | $273,000 |
| File Closed For Incompleteness | 41 | $15,645,000 | $381,000 | $805,000 | $193,000 | $1,526,000 |
| Loan Purchased By The Institution | 18 | $17,760,000 | $986,000 | $1,435,000 | $0 | $0 |
| Application Approved But Not Accepted | 8 | $4,190,000 | $523,000 | $1,485,000 | $183,000 | $377,000 |
| 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 | 587 | $257,715,000 | $439,000 | $9,905,000 | $198,000 | $5,705,000 |
| Debt-To-Income Ratio | 28 | $9,510,000 | $339,000 | $1,445,000 | $81,000 | $204,000 |
| Credit History | 9 | $2,035,000 | $226,000 | $505,000 | $117,000 | $222,000 |
| Collateral | 5 | $3,335,000 | $667,000 | $1,105,000 | $169,000 | $273,000 |
| Other | 4 | $7,320,000 | $1,830,000 | $6,105,000 | $97,000 | $103,000 |
| Credit Application Incomplete | 2 | $720,000 | $360,000 | $455,000 | $168,000 | $254,000 |
| Employment History | 1 | $225,000 | $225,000 | $225,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Olympia Federal Savings & Loan's 2022 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