Washington Federal Mortgage Lending & HMDA Data, 2016

In 2016, Washington Federal of Seattle, WA reported 7,113 mortgage applications totaling $3.1 billion, up 5% from 2015. The average application was for $436,169, and applicants reported an average income of $130,109. 49% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (1,430), Phoenix-Mesa-Scottsdale, AZ (463) and Tucson, AZ (284) (applications in parentheses).

Mortgage Company & Address Washington Federal
425 Pike St
Seattle, WA 98101
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  
Total Number of Mortgage Applications 7,113
Total Mortgage Loan Application Amount $3,102,471,000
Average Mortgage Loan Application Amount $436,169
Highest Mortgage Loan Application Amount $87,000,000
Average Applicant Income $130,109
Highest Applicant Income $4,080,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Washington Federal filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for Washington Federal by County in 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 1,070 $ 682,760,000 $ 638,093 $ 170,000
Maricopa, Arizona 429 $ 169,437,000 $ 394,958 $ 181,000
Snohomish, Washington 360 $ 145,840,000 $ 405,111 $ 124,000
Pima, Arizona 284 $ 68,792,000 $ 242,225 $ 120,000
Whatcom, Washington 269 $ 108,928,000 $ 404,936 $ 107,000
Salt Lake, Utah 225 $ 115,808,000 $ 514,702 $ 134,000
Skagit, Washington 197 $ 219,672,000 $ 1,115,086 $ 95,000
Clark, Nevada 185 $ 83,855,000 $ 453,270 $ 151,000
Pierce, Washington 180 $ 72,637,000 $ 403,538 $ 129,000
Deschutes, Oregon 152 $ 75,983,000 $ 499,888 $ 129,000
Kitsap, Washington 134 $ 60,308,000 $ 450,059 $ 144,000
Ada, Idaho 133 $ 48,896,000 $ 367,639 $ 137,000
Island, Washington 109 $ 37,750,000 $ 346,330 $ 103,000
Utah, Utah 106 $ 88,889,000 $ 838,575 $ 181,000
San Juan, Washington 81 $ 27,686,000 $ 341,802 $ 141,000
Canyon, Idaho 69 $ 10,816,000 $ 156,753 $ 75,000
Multnomah, Oregon 65 $ 31,799,000 $ 489,215 $ 128,000
Lane, Oregon 56 $ 19,822,000 $ 353,964 $ 121,000
Bernalillo, New Mexico 55 $ 26,937,000 $ 489,763 $ 115,000
Chelan, Washington 55 $ 19,541,000 $ 355,290 $ 140,000
Summit, Utah 53 $ 36,628,000 $ 691,094 $ 198,000
Washington, Oregon 52 $ 22,413,000 $ 431,019 $ 185,000
Clallam, Washington 52 $ 17,119,000 $ 329,211 $ 110,000
Spokane, Washington 52 $ 10,642,000 $ 204,653 $ 80,000
Marion, Oregon 51 $ 20,128,000 $ 394,666 $ 97,000
Clackamas, Oregon 50 $ 25,248,000 $ 504,960 $ 180,000
Davis, Utah 49 $ 19,758,000 $ 403,224 $ 149,000
Jackson, Oregon 45 $ 15,207,000 $ 337,933 $ 196,000
Santa Fe, New Mexico 43 $ 18,158,000 $ 422,279 $ 151,000
Kittitas, Washington 43 $ 18,150,000 $ 422,093 $ 202,000
Cochise, Arizona 42 $ 4,808,000 $ 114,476 $ 58,000
Yavapai, Arizona 41 $ 10,401,000 $ 253,682 $ 100,000
Blaine, Idaho 41 $ 14,902,000 $ 363,463 $ 104,000
Benton, Oregon 41 $ 15,499,000 $ 378,024 $ 151,000
Dallas, Texas 39 $ 48,178,000 $ 1,235,333 $ 133,000
Navajo, Arizona 38 $ 9,830,000 $ 258,684 $ 125,000
Madison, Idaho 38 $ 7,232,000 $ 190,315 $ 137,000
Dona Ana, New Mexico 38 $ 6,436,000 $ 169,368 $ 85,000
Linn, Oregon 38 $ 9,739,000 $ 256,289 $ 105,000
Grant, Washington 36 $ 15,587,000 $ 432,972 $ 82,000
Pinal, Arizona 34 $ 8,874,000 $ 261,000 $ 86,000
Santa Cruz, Arizona 32 $ 6,121,000 $ 191,281 $ 71,000
Bonneville, Idaho 32 $ 5,439,000 $ 169,968 $ 65,000
Klamath, Oregon 32 $ 7,370,000 $ 230,312 $ 110,000
Clark, Washington 32 $ 13,571,000 $ 424,093 $ 132,000
Twin Falls, Idaho 30 $ 5,359,000 $ 178,633 $ 78,000
Gila, Arizona 29 $ 4,477,000 $ 154,379 $ 56,000
Lincoln, Oregon 29 $ 8,402,000 $ 289,724 $ 212,000
Wasatch, Utah 29 $ 16,143,000 $ 556,655 $ 235,000
Jefferson, Idaho 28 $ 5,382,000 $ 192,214 $ 81,000
Crook, Oregon 27 $ 8,791,000 $ 325,592 $ 79,000
Denton, Texas 26 $ 10,454,000 $ 402,076 $ 150,000
Jefferson, Washington 26 $ 8,838,000 $ 339,923 $ 111,000
Thurston, Washington 26 $ 8,171,000 $ 314,269 $ 99,000
Cache, Utah 24 $ 7,035,000 $ 293,125 $ 105,000
Stevens, Washington 24 $ 3,606,000 $ 150,250 $ 68,000
Chaves, New Mexico 23 $ 2,882,000 $ 125,304 $ 83,000
Collin, Texas 23 $ 7,645,000 $ 332,391 $ 110,000
Douglas, Washington 22 $ 5,738,000 $ 260,818 $ 124,000
Washington, Utah 21 $ 8,327,000 $ 396,523 $ 208,000
Josephine, Oregon 20 $ 17,156,000 $ 857,800 $ 70,000
Weber, Utah 20 $ 27,169,000 $ 1,358,450 $ 143,000
Yuma, Arizona 19 $ 2,240,000 $ 117,894 $ 54,000
Polk, Oregon 18 $ 4,659,000 $ 258,833 $ 76,000
Okanogan, Washington 18 $ 3,439,000 $ 191,055 $ 138,000
Bannock, Idaho 17 $ 2,177,000 $ 128,058 $ 65,000
San Juan, New Mexico 17 $ 4,197,000 $ 246,882 $ 110,000
Wasco, Oregon 17 $ 3,142,000 $ 184,823 $ 79,000
Carbon, Utah 16 $ 2,288,000 $ 143,000 $ 75,000
Klickitat, Washington 16 $ 5,736,000 $ 358,500 $ 113,000
Graham, Arizona 15 $ 3,235,000 $ 215,666 $ 80,000
Sandoval, New Mexico 15 $ 3,348,000 $ 223,200 $ 78,000
Box Elder, Utah 15 $ 3,527,000 $ 235,133 $ 101,000
Mason, Washington 15 $ 4,307,000 $ 287,133 $ 112,000
Bonner, Idaho 14 $ 4,783,000 $ 341,642 $ 102,000
Fremont, Idaho 14 $ 5,000,000 $ 357,142 $ 210,000
Valley, Idaho 14 $ 4,325,000 $ 308,928 $ 170,000
Rio Arriba, New Mexico 14 $ 1,362,000 $ 97,285 $ 73,000
Lewis, Washington 14 $ 2,755,000 $ 196,785 $ 103,000
Lincoln, Washington 14 $ 1,964,000 $ 140,285 $ 87,000
Umatilla, Oregon 13 $ 2,076,000 $ 159,692 $ 68,000
Travis, Texas 13 $ 40,909,000 $ 3,146,846 $ 175,000
Coconino, Arizona 12 $ 5,784,000 $ 482,000 $ 223,000
Colfax, New Mexico 12 $ 2,150,000 $ 179,166 $ 155,000
Hood River, Oregon 12 $ 4,240,000 $ 353,333 $ 126,000
Yamhill, Oregon 12 $ 4,902,000 $ 408,500 $ 102,000
Bingham, Idaho 11 $ 1,950,000 $ 177,272 $ 99,000
Lyon, Nevada 11 $ 1,399,000 $ 127,181 $ 39,000
Jefferson, Oregon 11 $ 3,029,000 $ 275,363 $ 66,000
Yakima, Washington 11 $ 4,379,000 $ 398,090 $ 173,000
Lincoln, New Mexico 10 $ 1,162,000 $ 116,200 $ 84,000
Mohave, Arizona 9 $ 6,119,000 $ 679,888 $ 50,000
Jerome, Idaho 9 $ 1,123,000 $ 124,777 $ 48,000
Washoe, Nevada 9 $ 4,279,000 $ 475,444 $ 143,000
Lea, New Mexico 9 $ 1,698,000 $ 188,666 $ 93,000
Walla Walla, Washington 9 $ 1,978,000 $ 219,777 $ 86,000
Kootenai, Idaho 8 $ 2,767,000 $ 345,875 $ 141,000
Eddy, New Mexico 8 $ 1,344,000 $ 168,000 $ 98,000
McKinley, New Mexico 8 $ 940,000 $ 117,500 $ 48,000
Socorro, New Mexico 8 $ 1,103,000 $ 137,875 $ 93,000
Ferry, Washington 8 $ 941,000 $ 117,625 $ 98,000
Whitman, Washington 8 $ 1,835,000 $ 229,375 $ 141,000
Lemhi, Idaho 7 $ 1,451,000 $ 207,285 $ 117,000
White Pine, Nevada 7 $ 876,000 $ 125,142 $ 57,000
Grant, New Mexico 7 $ 790,000 $ 112,857 $ 56,000
Columbia, Oregon 7 $ 2,307,000 $ 329,571 $ 89,000
Coos, Oregon 7 $ 1,537,000 $ 219,571 $ 87,000
Churchill, Nevada 6 $ 770,000 $ 128,333 $ 76,000
Lake, Oregon 6 $ 817,000 $ 136,166 $ 50,000
Union, Oregon 6 $ 892,000 $ 148,666 $ 53,000
Grays Harbor, Washington 6 $ 821,000 $ 136,833 $ 89,000
Pend Oreille, Washington 6 $ 1,031,000 $ 171,833 $ 92,000
Gem, Idaho 5 $ 1,123,000 $ 224,600 $ 127,000
Gooding, Idaho 5 $ 883,000 $ 176,600 $ 69,000
Payette, Idaho 5 $ 987,000 $ 197,400 $ 110,000
Otero, New Mexico 5 $ 1,031,000 $ 206,200 $ 94,000
Boise, Idaho 4 $ 614,000 $ 153,500 $ 240,000
Elko, Nevada 4 $ 889,000 $ 222,250 $ 123,000
Malheur, Oregon 4 $ 399,000 $ 99,750 $ 43,000
Tarrant, Texas 4 $ 1,449,000 $ 362,250 $ 149,000
Emery, Utah 4 $ 457,000 $ 114,250 $ 71,000
Tooele, Utah 4 $ 1,188,000 $ 297,000 $ 128,000
Asotin, Washington 4 $ 953,000 $ 238,250 $ 90,000
Skamania, Washington 4 $ 1,161,000 $ 290,250 $ 275,000
Custer, Idaho 3 $ 591,000 $ 197,000 $ 290,000
Franklin, Idaho 3 $ 642,000 $ 214,000 $ 84,000
Lincoln, Idaho 3 $ 382,000 $ 127,333 $ 31,000
Minidoka, Idaho 3 $ 386,000 $ 128,666 $ 89,000
Nez Perce, Idaho 3 $ 444,000 $ 148,000 $ 33,000
Teton, Idaho 3 $ 736,000 $ 245,333 $ 62,000
San Miguel, New Mexico 3 $ 765,000 $ 255,000 $ 144,000
Bexar, Texas 3 $ 11,200,000 $ 3,733,333 $ 0
El Paso, Texas 3 $ 503,000 $ 167,666 $ 51,000
Ellis, Texas 3 $ 1,506,000 $ 502,000 $ 127,000
Rich, Utah 3 $ 689,000 $ 229,666 $ 218,000
Columbia, Washington 3 $ 343,000 $ 114,333 $ 52,000
Apache, Arizona 2 $ 400,000 $ 200,000 $ 115,000
La Paz, Arizona 2 $ 734,000 $ 367,000 $ 138,000
Cassia, Idaho 2 $ 372,000 $ 186,000 $ 53,000
Elmore, Idaho 2 $ 214,000 $ 107,000 $ 59,000
Latah, Idaho 2 $ 358,000 $ 179,000 $ 51,000
Curry, New Mexico 2 $ 167,000 $ 83,500 $ 10,000
Curry, Oregon 2 $ 356,000 $ 178,000 $ 106,000
Morrow, Oregon 2 $ 220,000 $ 110,000 $ 46,000
Tillamook, Oregon 2 $ 227,000 $ 113,500 $ 93,000
Grayson, Texas 2 $ 561,000 $ 280,500 $ 42,000
Wise, Texas 2 $ 97,000 $ 48,500 $ 68,000
Morgan, Utah 2 $ 557,000 $ 278,500 $ 71,000
Adams, Washington 2 $ 216,000 $ 108,000 $ 49,000
Greenlee, Arizona 1 $ 61,000 $ 61,000 $ 35,000
Boundary, Idaho 1 $ 370,000 $ 370,000 $ 96,000
Idaho, Idaho 1 $ 124,000 $ 124,000 $ 47,000
Lewis, Idaho 1 $ 72,000 $ 72,000 $ 63,000
Owyhee, Idaho 1 $ 48,000 $ 48,000 $ 33,000
Power, Idaho 1 $ 105,000 $ 105,000 $ 126,000
Shoshone, Idaho 1 $ 55,000 $ 55,000 $ 43,000
Washington, Idaho 1 $ 58,000 $ 58,000 $ 20,000
Nye, Nevada 1 $ 99,000 $ 99,000 $ 31,000
Pershing, Nevada 1 $ 139,000 $ 139,000 $ 0
Storey, Nevada 1 $ 482,000 $ 482,000 $ 260,000
Taos, New Mexico 1 $ 555,000 $ 555,000 $ 412,000
Torrance, New Mexico 1 $ 150,000 $ 150,000 $ 39,000
Baker, Oregon 1 $ 260,000 $ 260,000 $ 73,000
Clatsop, Oregon 1 $ 555,000 $ 555,000 $ 0
Douglas, Oregon 1 $ 165,000 $ 165,000 $ 42,000
Wallowa, Oregon 1 $ 215,000 $ 215,000 $ 112,000
Wheeler, Oregon 1 $ 140,000 $ 140,000 $ 104,000
Hunt, Texas 1 $ 390,000 $ 390,000 $ 103,000
Rockwall, Texas 1 $ 134,000 $ 134,000 $ 59,000
Benton, Washington 1 $ 850,000 $ 850,000 $ 432,000
Cowlitz, Washington 1 $ 192,000 $ 192,000 $ 39,000
Franklin, Washington 1 $ 700,000 $ 700,000 $ 257,000
Pacific, Washington 1 $ 172,000 $ 172,000 $ 87,000

Mortgage Loan Application Detail Totals for Washington Federal in 2016

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 5,434 $2,475,604,000 $455,000 $79,800,000 $133,000 $4,080,000
Refinancing 1,549 $590,042,000 $380,000 $87,000,000 $123,000 $3,084,000
Home Improvement 130 $36,825,000 $283,000 $2,000,000 $94,000 $1,576,000

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 5,153 $2,029,126,000 $393,000 $87,000,000 $135,000 $4,080,000
Not Provided 629 $264,922,000 $421,000 $3,800,000 $176,000 $1,760,000
Hispanic 534 $113,259,000 $212,000 $1,680,000 $83,000 $900,000
Asian 448 $165,084,000 $368,000 $2,064,000 $127,000 $1,663,000
Not applicable 210 $481,777,000 $2,294,000 $41,661,000 $0 $0
Black or African American 70 $27,730,000 $396,000 $1,500,000 $156,000 $1,488,000
American Indian or Alaskan Native 41 $12,018,000 $293,000 $1,040,000 $102,000 $650,000
Native Hawaiin or Other Pacific Islander 28 $8,555,000 $305,000 $688,000 $107,000 $345,000

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) 7,113 $3,102,471,000 $436,000 $87,000,000 $130,000 $4,080,000
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 3,458 $1,711,187,000 $494,000 $87,000,000 $142,000 $4,080,000
Application Denied By Financial Institution 1,410 $545,875,000 $387,000 $79,800,000 $97,000 $1,655,000
File Closed For Incompleteness 1,101 $417,751,000 $379,000 $3,800,000 $145,000 $1,760,000
Application Withdrawn By Applicant 619 $206,862,000 $334,000 $5,000,000 $121,000 $3,084,000
Application Approved But Not Accepted 445 $168,838,000 $379,000 $4,005,000 $136,000 $1,680,000
Loan Purchased By The Institution 80 $51,958,000 $649,000 $1,215,000 $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 751 $255,298,000 $339,000 $3,750,000 $76,000 $1,353,000
Credit History 351 $98,504,000 $280,000 $2,160,000 $107,000 $1,488,000
Other 99 $41,743,000 $421,000 $2,650,000 $166,000 $1,206,000
Collateral 98 $104,966,000 $1,071,000 $79,800,000 $122,000 $754,000
Insufficient Cash (Downpayment, Closing Cost) 52 $24,772,000 $476,000 $3,461,000 $164,000 $1,655,000
Employment History 47 $13,233,000 $281,000 $1,500,000 $81,000 $240,000
Unverifiable Information 7 $6,170,000 $881,000 $2,500,000 $269,000 $802,000
Credit Application Incomplete 5 $1,189,000 $237,000 $483,000 $70,000 $141,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Washington Federal's 2016 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 Washington Federal'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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