Washington Federal Mortgage Lending & HMDA Data, 2020

In 2020, Washington Federal of Seattle, WA reported 8,897 mortgage applications totaling $4.0 billion, up 25% from 2019. The average application was for $451,940, and applicants reported an average income of $179,636. 52% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (1,469), Phoenix-Mesa-Scottsdale, AZ (521) and Portland-Vancouver-Hillsboro, OR-WA (402) (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 8,897
Total Mortgage Loan Application Amount $4,020,915,000
Average Mortgage Loan Application Amount $451,940
Highest Mortgage Loan Application Amount $42,005,000
Average Applicant Income $179,636
Highest Applicant Income $8,448,000

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Act (HMDA) records Washington Federal filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 1,025 $ 724,495,000 $ 706,824 $ 230,000
Maricopa, Arizona 474 $ 240,560,000 $ 507,510 $ 218,000
Snohomish, Washington 444 $ 177,290,000 $ 399,301 $ 152,000
Pima, Arizona 374 $ 140,760,000 $ 376,363 $ 139,000
Whatcom, Washington 350 $ 124,060,000 $ 354,457 $ 148,000
Clark, Nevada 344 $ 236,520,000 $ 687,558 $ 229,000
Deschutes, Oregon 288 $ 148,030,000 $ 513,993 $ 187,000
Salt Lake, Utah 228 $ 132,600,000 $ 581,578 $ 257,000
Pierce, Washington 219 $ 87,355,000 $ 398,881 $ 164,000
Skagit, Washington 213 $ 67,945,000 $ 318,990 $ 174,000
Ada, Idaho 212 $ 74,230,000 $ 350,141 $ 154,000
Kitsap, Washington 199 $ 94,885,000 $ 476,809 $ 190,000
Chelan, Washington 139 $ 55,925,000 $ 402,338 $ 185,000
San Juan, Washington 136 $ 51,020,000 $ 375,147 $ 141,000
Grant, Washington 129 $ 32,085,000 $ 248,720 $ 114,000
Island, Washington 127 $ 50,925,000 $ 400,984 $ 163,000
Lane, Oregon 121 $ 49,695,000 $ 410,702 $ 136,000
Marion, Oregon 120 $ 82,530,000 $ 687,750 $ 255,000
Multnomah, Oregon 117 $ 87,645,000 $ 749,102 $ 245,000
Canyon, Idaho 114 $ 33,540,000 $ 294,210 $ 110,000
Utah, Utah 114 $ 78,900,000 $ 692,105 $ 242,000
Spokane, Washington 108 $ 30,550,000 $ 282,870 $ 124,000
Clackamas, Oregon 100 $ 58,760,000 $ 587,600 $ 189,000
Kittitas, Washington 85 $ 34,725,000 $ 408,529 $ 277,000
Thurston, Washington 83 $ 33,795,000 $ 407,168 $ 264,000
Washington, Oregon 80 $ 39,320,000 $ 491,500 $ 198,000
Yavapai, Arizona 77 $ 27,125,000 $ 352,272 $ 184,000
Jackson, Oregon 75 $ 24,965,000 $ 332,866 $ 126,000
Clallam, Washington 74 $ 23,400,000 $ 316,216 $ 146,000
Benton, Oregon 72 $ 32,640,000 $ 453,333 $ 136,000
Clark, Washington 70 $ 30,480,000 $ 435,428 $ 172,000
Yuma, Arizona 67 $ 22,065,000 $ 329,328 $ 78,000
Bernalillo, New Mexico 67 $ 32,635,000 $ 487,089 $ 192,000
Blaine, Idaho 66 $ 25,610,000 $ 388,030 $ 163,000
Linn, Oregon 62 $ 18,860,000 $ 304,193 $ 107,000
Klamath, Oregon 61 $ 12,915,000 $ 211,721 $ 132,000
Lincoln, Oregon 58 $ 11,340,000 $ 195,517 $ 114,000
Dallas, Texas 58 $ 30,090,000 $ 518,793 $ 273,000
Santa Fe, New Mexico 57 $ 30,455,000 $ 534,298 $ 279,000
Dona Ana, New Mexico 53 $ 16,685,000 $ 314,811 $ 132,000
Josephine, Oregon 53 $ 11,655,000 $ 219,905 $ 159,000
Gila, Arizona 52 $ 11,190,000 $ 215,192 $ 121,000
Navajo, Arizona 52 $ 19,740,000 $ 379,615 $ 188,000
Valley, Idaho 52 $ 15,240,000 $ 293,076 $ 150,000
Washington, Utah 51 $ 28,385,000 $ 556,568 $ 198,000
Polk, Oregon 48 $ 12,210,000 $ 254,375 $ 136,000
Mason, Washington 48 $ 13,910,000 $ 289,791 $ 192,000
Pinal, Arizona 47 $ 20,885,000 $ 444,361 $ 129,000
Crook, Oregon 46 $ 16,830,000 $ 365,869 $ 180,000
Cochise, Arizona 45 $ 7,435,000 $ 165,222 $ 76,000
Santa Cruz, Arizona 42 $ 8,350,000 $ 198,809 $ 113,000
Twin Falls, Idaho 42 $ 6,920,000 $ 164,761 $ 85,000
Davis, Utah 42 $ 22,130,000 $ 526,904 $ 395,000
Stevens, Washington 40 $ 7,200,000 $ 180,000 $ 109,000
Bonner, Idaho 36 $ 12,400,000 $ 344,444 $ 186,000
Bonneville, Idaho 34 $ 6,960,000 $ 204,705 $ 121,000
Fremont, Idaho 33 $ 11,895,000 $ 360,454 $ 159,000
Chaves, New Mexico 33 $ 6,165,000 $ 186,818 $ 111,000
Douglas, Washington 33 $ 12,995,000 $ 393,787 $ 164,000
Jefferson, Washington 33 $ 10,145,000 $ 307,424 $ 145,000
Lewis, Washington 33 $ 10,595,000 $ 321,060 $ 102,000
Walla Walla, Washington 32 $ 8,500,000 $ 265,625 $ 114,000
Yakima, Washington 32 $ 8,270,000 $ 258,437 $ 374,000
Whitman, Washington 31 $ 6,965,000 $ 224,677 $ 133,000
Umatilla, Oregon 30 $ 3,550,000 $ 118,333 $ 91,000
Sandoval, New Mexico 29 $ 16,775,000 $ 578,448 $ 319,000
Bingham, Idaho 28 $ 5,130,000 $ 183,214 $ 76,000
Hood River, Oregon 27 $ 11,455,000 $ 424,259 $ 169,000
Cache, Utah 27 $ 10,205,000 $ 377,962 $ 176,000
Summit, Utah 27 $ 22,235,000 $ 823,518 $ 262,000
Okanogan, Washington 27 $ 9,735,000 $ 360,555 $ 168,000
Klickitat, Washington 26 $ 7,040,000 $ 270,769 $ 126,000
Denton, Texas 24 $ 21,720,000 $ 905,000 $ 232,000
Weber, Utah 24 $ 13,710,000 $ 571,250 $ 330,000
San Juan, New Mexico 22 $ 3,780,000 $ 171,818 $ 159,000
Yamhill, Oregon 22 $ 15,660,000 $ 711,818 $ 171,000
Grays Harbor, Washington 21 $ 4,855,000 $ 231,190 $ 95,000
Payette, Idaho 20 $ 2,270,000 $ 113,500 $ 75,000
Jefferson, Oregon 20 $ 3,910,000 $ 195,500 $ 84,000
Wasco, Oregon 20 $ 4,110,000 $ 205,500 $ 80,000
Box Elder, Utah 20 $ 6,200,000 $ 310,000 $ 92,000
Bannock, Idaho 17 $ 5,395,000 $ 317,352 $ 104,000
Kootenai, Idaho 17 $ 6,145,000 $ 361,470 $ 153,000
Madison, Idaho 17 $ 15,275,000 $ 898,529 $ 119,000
Otero, New Mexico 17 $ 3,435,000 $ 202,058 $ 153,000
Pend Oreille, Washington 17 $ 3,115,000 $ 183,235 $ 106,000
Gem, Idaho 16 $ 4,170,000 $ 260,625 $ 102,000
Churchill, Nevada 16 $ 3,580,000 $ 223,750 $ 119,000
Lincoln, New Mexico 16 $ 2,950,000 $ 184,375 $ 59,000
Malheur, Oregon 16 $ 2,440,000 $ 152,500 $ 118,000
Wasatch, Utah 15 $ 12,165,000 $ 811,000 $ 284,000
Jerome, Idaho 14 $ 2,250,000 $ 160,714 $ 55,000
Tillamook, Oregon 14 $ 7,620,000 $ 544,285 $ 152,000
Carbon, Utah 14 $ 2,270,000 $ 162,142 $ 124,000
Asotin, Washington 14 $ 2,590,000 $ 185,000 $ 638,000
Washoe, Nevada 13 $ 8,125,000 $ 625,000 $ 250,000
Collin, Texas 13 $ 8,625,000 $ 663,461 $ 312,000
Ferry, Washington 13 $ 2,565,000 $ 197,307 $ 92,000
Coconino, Arizona 12 $ 7,750,000 $ 645,833 $ 573,000
Adams, Idaho 12 $ 2,910,000 $ 242,500 $ 77,000
Boise, Idaho 12 $ 3,850,000 $ 320,833 $ 86,000
Owyhee, Idaho 12 $ 4,020,000 $ 335,000 $ 111,000
Curry, New Mexico 12 $ 1,060,000 $ 88,333 $ 65,000
Lyon, Nevada 11 $ 1,725,000 $ 156,818 $ 56,000
Lake, Oregon 11 $ 1,355,000 $ 123,181 $ 87,000
Tarrant, Texas 10 $ 3,140,000 $ 314,000 $ 176,000
Lincoln, Washington 10 $ 1,680,000 $ 168,000 $ 112,000
Lemhi, Idaho 9 $ 2,325,000 $ 258,333 $ 270,000
Lea, New Mexico 9 $ 1,825,000 $ 202,777 $ 111,000
Douglas, Oregon 9 $ 5,055,000 $ 561,666 $ 98,000
Gooding, Idaho 8 $ 1,140,000 $ 142,500 $ 48,000
Shoshone, Idaho 8 $ 1,050,000 $ 131,250 $ 65,000
White Pine, Nevada 8 $ 1,480,000 $ 185,000 $ 93,000
Colfax, New Mexico 8 $ 1,580,000 $ 197,500 $ 105,000
Coos, Oregon 8 $ 2,530,000 $ 316,250 $ 201,000
Benton, Washington 8 $ 3,420,000 $ 427,500 $ 173,000
Elmore, Idaho 7 $ 2,825,000 $ 403,571 $ 93,000
Union, Oregon 7 $ 915,000 $ 130,714 $ 56,000
Cowlitz, Washington 7 $ 4,935,000 $ 705,000 $ 133,000
Skamania, Washington 7 $ 2,835,000 $ 405,000 $ 89,000
Graham, Arizona 6 $ 3,420,000 $ 570,000 $ 555,000
Mohave, Arizona 6 $ 1,110,000 $ 185,000 $ 85,000
Jefferson, Idaho 6 $ 1,150,000 $ 191,666 $ 89,000
Elko, Nevada 6 $ 2,230,000 $ 371,666 $ 189,000
Humboldt, Nevada 6 $ 650,000 $ 108,333 $ 98,000
Eddy, New Mexico 6 $ 740,000 $ 123,333 $ 122,000
Valencia, New Mexico 6 $ 980,000 $ 163,333 $ 82,000
Columbia, Oregon 6 $ 2,290,000 $ 381,666 $ 112,000
Teton, Idaho 5 $ 995,000 $ 199,000 $ 84,000
McKinley, New Mexico 5 $ 1,515,000 $ 303,000 $ 67,000
Socorro, New Mexico 5 $ 465,000 $ 93,000 $ 191,000
El Paso, Texas 5 $ 13,625,000 $ 2,725,000 $ 1,243,000
Franklin, Idaho 4 $ 1,130,000 $ 282,500 $ 78,000
Nez Perce, Idaho 4 $ 520,000 $ 130,000 $ 54,000
Washington, Idaho 4 $ 660,000 $ 165,000 $ 61,000
Baker, Oregon 4 $ 1,190,000 $ 297,500 $ 98,000
Curry, Oregon 4 $ 1,040,000 $ 260,000 $ 65,000
Harris, Texas 4 $ 4,040,000 $ 1,010,000 $ 136,000
Tooele, Utah 4 $ 1,130,000 $ 282,500 $ 117,000
Bexar, Texas 3 $ 13,275,000 $ 4,425,000 $ 0
Ellis, Texas 3 $ 1,455,000 $ 485,000 $ 176,000
Travis, Texas 3 $ 2,205,000 $ 735,000 $ 352,000
Franklin, Washington 3 $ 2,175,000 $ 725,000 $ 229,000
Apache, Arizona 2 $ 270,000 $ 135,000 $ 80,000
La Paz, Arizona 2 $ 160,000 $ 80,000 $ 51,000
Gunnison, Colorado 2 $ 2,790,000 $ 1,395,000 $ 0
Boundary, Idaho 2 $ 560,000 $ 280,000 $ 89,000
Cassia, Idaho 2 $ 1,050,000 $ 525,000 $ 148,000
Custer, Idaho 2 $ 350,000 $ 175,000 $ 143,000
Idaho, Idaho 2 $ 580,000 $ 290,000 $ 59,000
Latah, Idaho 2 $ 750,000 $ 375,000 $ 161,000
Minidoka, Idaho 2 $ 440,000 $ 220,000 $ 58,000
Grant, New Mexico 2 $ 80,000 $ 40,000 $ 43,000
Rio Arriba, New Mexico 2 $ 230,000 $ 115,000 $ 105,000
San Miguel, New Mexico 2 $ 500,000 $ 250,000 $ 118,000
Torrance, New Mexico 2 $ 750,000 $ 375,000 $ 200,000
Clatsop, Oregon 2 $ 1,010,000 $ 505,000 $ 134,000
Grayson, Texas 2 $ 820,000 $ 410,000 $ 160,000
Kaufman, Texas 2 $ 400,000 $ 200,000 $ 62,000
Rockwall, Texas 2 $ 1,420,000 $ 710,000 $ 820,000
Emery, Utah 2 $ 550,000 $ 275,000 $ 65,000
Morgan, Utah 2 $ 1,110,000 $ 555,000 $ 143,000
Adams, Washington 2 $ 890,000 $ 445,000 $ 239,000
Pacific, Washington 2 $ 360,000 $ 180,000 $ 239,000
Bear Lake, Idaho 1 $ 855,000 $ 855,000 $ 216,000
Camas, Idaho 1 $ 85,000 $ 85,000 $ 97,000
Caribou, Idaho 1 $ 35,000 $ 35,000 $ 93,000
Clearwater, Idaho 1 $ 15,000 $ 15,000 $ 54,000
Grand Traverse, Michigan 1 $ 20,505,000 $ 20,505,000 $ 0
Catron, New Mexico 1 $ 25,000 $ 25,000 $ 0
Cibola, New Mexico 1 $ 45,000 $ 45,000 $ 0
Los Alamos, New Mexico 1 $ 165,000 $ 165,000 $ 333,000
Quay, New Mexico 1 $ 5,000 $ 5,000 $ 49,000
Sherman, Oregon 1 $ 405,000 $ 405,000 $ 149,000
Cooke, Texas 1 $ 455,000 $ 455,000 $ 182,000
Hays, Texas 1 $ 1,935,000 $ 1,935,000 $ 0
Kendall, Texas 1 $ 935,000 $ 935,000 $ 323,000
Montgomery, Texas 1 $ 905,000 $ 905,000 $ 499,000
Parker, Texas 1 $ 1,435,000 $ 1,435,000 $ 0
Garfield, Utah 1 $ 165,000 $ 165,000 $ 64,000
Juab, Utah 1 $ 475,000 $ 475,000 $ 169,000
Rich, Utah 1 $ 445,000 $ 445,000 $ 96,000
Columbia, Washington 1 $ 125,000 $ 125,000 $ 51,000

Mortgage Loan Application Detail Totals for Washington Federal in 2020

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 4,656 $2,525,560,000 $542,000 $42,005,000 $192,000 $8,448,000
Cash-out Refinancing 1,895 $864,145,000 $456,000 $19,505,000 $170,000 $5,942,000
Other Purpose 936 $156,540,000 $167,000 $4,205,000 $142,000 $1,414,000
Refinancing 908 $399,360,000 $439,000 $20,905,000 $193,000 $5,353,000
Home Improvement 482 $66,820,000 $138,000 $2,005,000 $146,000 $4,836,000
Not Applicable 20 $8,490,000 $424,000 $1,425,000 $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 6,101 $2,397,565,000 $392,000 $5,615,000 $183,000 $8,448,000
Not Provided 860 $382,300,000 $444,000 $4,005,000 $204,000 $4,896,000
Not applicable 692 $792,450,000 $1,145,000 $42,005,000 $0 $0
Hispanic 639 $176,175,000 $275,000 $1,895,000 $126,000 $2,228,000
Asian 408 $193,870,000 $475,000 $3,855,000 $177,000 $1,018,000
Black or African American 80 $37,640,000 $470,000 $2,305,000 $222,000 $1,070,000
American Indian or Alaskan Native 63 $18,705,000 $296,000 $1,655,000 $127,000 $910,000
Native Hawaiian or Other Pacific Islander 24 $8,970,000 $373,000 $1,005,000 $119,000 $278,000

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) 8,897 $4,020,915,000 $451,000 $42,005,000 $180,000 $8,448,000
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 4,632 $2,327,840,000 $502,000 $42,005,000 $185,000 $8,448,000
Application Withdrawn By Applicant 1,580 $589,750,000 $373,000 $2,505,000 $202,000 $5,942,000
Application Denied By Financial Institution 1,392 $529,640,000 $380,000 $3,855,000 $111,000 $2,228,000
File Closed For Incompleteness 1,181 $525,715,000 $445,000 $5,615,000 $214,000 $5,353,000
Application Approved But Not Accepted 83 $32,475,000 $391,000 $1,385,000 $162,000 $1,070,000
Loan Purchased By The Institution 29 $15,495,000 $534,000 $1,425,000 $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
Not applicable 7,505 $3,491,275,000 $465,000 $42,005,000 $193,000 $8,448,000
Debt-To-Income Ratio 841 $336,525,000 $400,000 $2,985,000 $86,000 $496,000
Other 224 $82,290,000 $367,000 $3,855,000 $197,000 $2,228,000
Credit History 179 $51,835,000 $289,000 $1,865,000 $96,000 $343,000
Collateral 70 $21,400,000 $305,000 $2,005,000 $172,000 $1,299,000
Employment History 35 $12,865,000 $367,000 $855,000 $73,000 $251,000
Unverifiable Information 34 $18,160,000 $534,000 $2,005,000 $108,000 $912,000
Insufficient Cash (Downpayment, Closing Cost) 9 $6,565,000 $729,000 $2,105,000 $153,000 $262,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Washington Federal's 2020 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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