Olympia Federal Savings & Loan Mortgage Lending & HMDA Data, 2018
In 2018, Olympia Federal Savings & Loan of Olympia, WA reported 657 mortgage applications totaling $185.7 million, down 3% from 2017. The average application was for $282,640, and applicants reported an average income of $140,966. 63% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Olympia-Tumwater, WA (426), Tacoma-Lakewood, WA (39) and Bremerton-Silverdale, WA (12) (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 | 657 |
| Total Mortgage Loan Application Amount | $185,695,000 |
| Average Mortgage Loan Application Amount | $282,640 |
| Highest Mortgage Loan Application Amount | $9,295,000 |
| Average Applicant Income | $140,966 |
| Highest Applicant Income | $1,692,000 |
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records Olympia Federal Savings & Loan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Olympia Federal Savings & Loan in 2018
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 | 427 | $143,235,000 | $335,000 | $9,295,000 | $145,000 | $1,692,000 |
| Refinancing | 145 | $33,645,000 | $232,000 | $755,000 | $130,000 | $448,000 |
| Other Purpose | 45 | $3,995,000 | $88,000 | $455,000 | $130,000 | $439,000 |
| Home Improvement | 40 | $4,820,000 | $120,000 | $665,000 | $150,000 | $539,000 |
| 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 | 543 | $147,685,000 | $271,000 | $1,775,000 | $140,000 | $1,692,000 |
| Not applicable | 36 | $19,200,000 | $533,000 | $9,295,000 | $0 | $0 |
| Not Provided | 32 | $8,620,000 | $269,000 | $1,005,000 | $151,000 | $850,000 |
| Asian | 16 | $3,600,000 | $225,000 | $475,000 | $194,000 | $539,000 |
| Hispanic | 16 | $3,230,000 | $201,000 | $445,000 | $112,000 | $253,000 |
| American Indian or Alaskan Native | 7 | $1,175,000 | $167,000 | $335,000 | $159,000 | $323,000 |
| Black or African American | 4 | $1,180,000 | $295,000 | $445,000 | $92,000 | $185,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $1,005,000 | $335,000 | $515,000 | $105,000 | $165,000 |
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) | 657 | $185,695,000 | $282,000 | $9,295,000 | $141,000 | $1,692,000 |
| 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 | 411 | $122,415,000 | $297,000 | $9,295,000 | $148,000 | $1,692,000 |
| Application Withdrawn By Applicant | 137 | $36,265,000 | $264,000 | $805,000 | $136,000 | $630,000 |
| Application Denied By Financial Institution | 70 | $16,120,000 | $230,000 | $725,000 | $108,000 | $433,000 |
| Application Approved But Not Accepted | 22 | $5,860,000 | $266,000 | $615,000 | $133,000 | $237,000 |
| File Closed For Incompleteness | 17 | $5,035,000 | $296,000 | $1,005,000 | $149,000 | $850,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 587 | $169,575,000 | $288,000 | $9,295,000 | $145,000 | $1,692,000 |
| Debt-To-Income Ratio | 25 | $6,045,000 | $241,000 | $605,000 | $82,000 | $179,000 |
| Credit History | 16 | $4,040,000 | $252,000 | $725,000 | $142,000 | $356,000 |
| Collateral | 10 | $1,580,000 | $158,000 | $315,000 | $142,000 | $433,000 |
| Credit Application Incomplete | 6 | $1,700,000 | $283,000 | $405,000 | $99,000 | $157,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,430,000 | $238,000 | $325,000 | $83,000 | $140,000 |
| Other | 4 | $610,000 | $152,000 | $215,000 | $0 | $0 |
| Employment History | 2 | $550,000 | $275,000 | $395,000 | $126,000 | $148,000 |
| Unverifiable Information | 1 | $165,000 | $165,000 | $165,000 | $79,000 | $79,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Olympia Federal Savings & Loan's 2018 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