Red Canoe Credit Union Mortgage Lending & HMDA Data, 2025

In 2025, Red Canoe Credit Union of Longview, WA reported 841 mortgage applications totaling $153.8 million, up 1% from 2024. The average application was for $182,919, and applicants reported an average income of $115,315. 62% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Longview, WA (384), Tacoma-Lakewood, WA (97) and Portland-Vancouver-Hillsboro, OR-WA (73) (applications in parentheses).

Mortgage Company & Address Red Canoe Credit Union
1418 15th Ave
Longview, WA 98632
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  
Total Number of Mortgage Applications 841
Total Mortgage Loan Application Amount $153,835,000
Average Mortgage Loan Application Amount $182,919
Highest Mortgage Loan Application Amount $13,505,000
Average Applicant Income $115,315
Highest Applicant Income $1,660,000

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(HMDA) records Red Canoe Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Washington Lender List

Mortgage Loan Application Detail Totals for Red Canoe Credit Union in 2025

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
Cash-out Refinancing 337 $44,435,000 $131,000 $2,305,000 $119,000 $901,000
Home Improvement 229 $26,585,000 $116,000 $1,185,000 $115,000 $510,000
Home Purchase 130 $52,930,000 $407,000 $13,505,000 $132,000 $1,660,000
Refinancing 111 $25,545,000 $230,000 $7,605,000 $82,000 $335,000
Other Purpose 26 $2,290,000 $88,000 $255,000 $120,000 $778,000
Not Applicable 8 $2,050,000 $256,000 $755,000 $145,000 $382,000

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 588 $86,530,000 $147,000 $1,195,000 $115,000 $778,000
Not Provided 133 $20,595,000 $154,000 $1,255,000 $123,000 $901,000
Hispanic 49 $5,565,000 $113,000 $705,000 $76,000 $349,000
Asian 26 $3,230,000 $124,000 $755,000 $172,000 $1,660,000
Not applicable 22 $35,690,000 $1,622,000 $13,505,000 $0 $0
American Indian or Alaskan Native 12 $1,230,000 $102,000 $395,000 $124,000 $225,000
Black or African American 10 $990,000 $99,000 $295,000 $84,000 $195,000
Native Hawaiian or Other Pacific Islander 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) 841 $153,835,000 $182,000 $13,505,000 $115,000 $1,660,000
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 521 $108,385,000 $208,000 $13,505,000 $141,000 $1,660,000
Application Withdrawn By Applicant 137 $18,205,000 $132,000 $1,185,000 $70,000 $314,000
Application Denied By Financial Institution 90 $15,080,000 $167,000 $2,305,000 $84,000 $673,000
File Closed For Incompleteness 80 $9,150,000 $114,000 $855,000 $57,000 $382,000
Application Approved But Not Accepted 13 $3,015,000 $231,000 $1,255,000 $127,000 $303,000
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 751 $138,755,000 $184,000 $13,505,000 $118,000 $1,660,000
Debt-To-Income Ratio 39 $5,725,000 $146,000 $495,000 $68,000 $195,000
Credit History 23 $2,485,000 $108,000 $515,000 $82,000 $232,000
Other 14 $2,510,000 $179,000 $635,000 $160,000 $673,000
Insufficient Cash (Downpayment, Closing Cost) 5 $615,000 $123,000 $195,000 $61,000 $149,000
Collateral 5 $2,645,000 $529,000 $2,305,000 $107,000 $184,000
Credit Application Incomplete 2 $810,000 $405,000 $525,000 $108,000 $133,000
Unverifiable Information 2 $290,000 $145,000 $195,000 $85,000 $87,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Red Canoe Credit Union's 2025 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 Red Canoe Credit Union'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