Tri-Cities Community Federalcu Mortgage Lending & HMDA Data, 2023
In 2023, Tri-Cities Community Federalcu of Kennewick, WA reported 192 mortgage applications totaling $22.5 million, up 8% from 2022. The average application was for $117,291, and applicants reported an average income of $78,276. 45% of its applications resulted in an originated loan and 31% were denied. Its largest markets were Kennewick-Richland, WA (177), Yakima, WA (5) and Walla Walla, WA (3) (applications in parentheses).
| Mortgage Company & Address | Tri-Cities Community Federalcu 3213 W 19th Ave Kennewick, WA 99337 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 |
| Total Number of Mortgage Applications | 192 |
| Total Mortgage Loan Application Amount | $22,520,000 |
| Average Mortgage Loan Application Amount | $117,291 |
| Highest Mortgage Loan Application Amount | $575,000 |
| Average Applicant Income | $78,276 |
| Highest Applicant Income | $264,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Tri-Cities Community Federalcu filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Kennewick-Richland, WA | 177 | $ 20,475,000 | $ 115,677 | $ 79,000 |
| Outside any metro area | 6 | $ 850,000 | $ 141,666 | $ 61,500 |
| Yakima, WA | 5 | $ 595,000 | $ 119,000 | $ 56,000 |
| Walla Walla, WA | 3 | $ 345,000 | $ 115,000 | $ 90,000 |
| Seattle-Bellevue-Everett, WA | 1 | $ 255,000 | $ 255,000 | $ 164,000 |
Mortgage Loan Application Detail Totals for Tri-Cities Community Federalcu 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 | 98 | $17,130,000 | $174,000 | $575,000 | $69,000 | $214,000 |
| Cash-out Refinancing | 47 | $3,785,000 | $80,000 | $445,000 | $87,000 | $264,000 |
| Home Improvement | 40 | $840,000 | $21,000 | $65,000 | $88,000 | $205,000 |
| Refinancing | 7 | $765,000 | $109,000 | $255,000 | $94,000 | $164,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 |
|---|---|---|---|---|---|---|
| Hispanic | 102 | $14,580,000 | $142,000 | $405,000 | $70,000 | $264,000 |
| White | 82 | $6,480,000 | $79,000 | $575,000 | $86,000 | $211,000 |
| Not applicable | 3 | $1,015,000 | $338,000 | $425,000 | $149,000 | $214,000 |
| Asian | 3 | $415,000 | $138,000 | $355,000 | $82,000 | $104,000 |
| Black or African American | 1 | $15,000 | $15,000 | $15,000 | $114,000 | $114,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $15,000 | $15,000 | $15,000 | $61,000 | $61,000 |
| Not Provided | 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) | 192 | $22,520,000 | $117,000 | $575,000 | $78,000 | $264,000 |
| 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 | 87 | $7,965,000 | $91,000 | $445,000 | $95,000 | $264,000 |
| Application Denied By Financial Institution | 60 | $7,030,000 | $117,000 | $355,000 | $58,000 | $164,000 |
| File Closed For Incompleteness | 32 | $5,010,000 | $156,000 | $575,000 | $74,000 | $132,000 |
| Application Approved But Not Accepted | 6 | $1,360,000 | $226,000 | $335,000 | $97,000 | $124,000 |
| Application Withdrawn By Applicant | 5 | $925,000 | $185,000 | $405,000 | $53,000 | $59,000 |
| Preapproval Approved but not Accepted | 2 | $230,000 | $115,000 | $125,000 | $62,000 | $69,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 | 192 | $22,520,000 | $117,000 | $575,000 | $78,000 | $264,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tri-Cities Community Federalcu'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 Tri-Cities Community Federalcu'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.
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