Washington Mutual Bank, FSB Mortgage Lending & HMDA Data, 2004

In 2004, Washington Mutual Bank, FSB of Albion, NY reported 4,042 mortgage applications totaling $1.0 billion, down 53% from 2003. The average application was for $255,693, and applicants reported an average income of $60,500. 62% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Salt Lake City, UT (1,086), Boise City-Nampa, ID (281) and Ogden-Clearfield, UT (273) (applications in parentheses).

Mortgage Company & Address Washington Mutual Bank, FSB
227 East Avenue
Albion, NY 14411
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,042
Total Mortgage Loan Application Amount $1,033,512,000
Average Mortgage Loan Application Amount $255,693
Highest Mortgage Loan Application Amount $27,500,000
Average Applicant Income $60,500
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Washington Mutual Bank, FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mutual Bank, FSB by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Salt Lake, Utah 980 $ 134,360,000 $ 137,102 $ 70,000
Utah, Utah 230 $ 29,244,000 $ 127,147 $ 55,000
Missoula, Montana 223 $ 34,807,000 $ 156,085 $ 57,000
Gallatin, Montana 197 $ 36,433,000 $ 184,939 $ 99,000
Ada, Idaho 192 $ 21,991,000 $ 114,536 $ 68,000
Weber, Utah 135 $ 12,835,000 $ 95,074 $ 48,000
Davis, Utah 134 $ 17,054,000 $ 127,268 $ 60,000
Kootenai, Idaho 117 $ 15,650,000 $ 133,760 $ 94,000
Ravalli, Montana 91 $ 17,699,000 $ 194,494 $ 62,000
Flathead, Montana 87 $ 27,206,000 $ 312,712 $ 128,000
Yellowstone, Montana 76 $ 8,268,000 $ 108,789 $ 87,000
Canyon, Idaho 75 $ 6,306,000 $ 84,080 $ 48,000
Washington, Utah 71 $ 9,611,000 $ 135,366 $ 48,000
Summit, Utah 67 $ 18,389,000 $ 274,462 $ 157,000
Bonneville, Idaho 65 $ 5,738,000 $ 88,276 $ 79,000
Box Elder, Utah 60 $ 5,378,000 $ 89,633 $ 50,000
Cache, Utah 57 $ 6,227,000 $ 109,245 $ 67,000
Cascade, Montana 47 $ 4,262,000 $ 90,680 $ 27,000
Tooele, Utah 39 $ 4,497,000 $ 115,307 $ 36,000
Lewis and Clark, Montana 38 $ 4,056,000 $ 106,736 $ 37,000
Park, Montana 34 $ 3,705,000 $ 108,970 $ 76,000
Twin Falls, Idaho 32 $ 2,352,000 $ 73,500 $ 40,000
Los Angeles, California 30 $ 38,789,000 $ 1,292,966 $ 14,000
Bonner, Idaho 29 $ 4,340,000 $ 149,655 $ 77,000
Lake, Montana 27 $ 5,707,000 $ 211,370 $ 93,000
Wasatch, Utah 27 $ 4,243,000 $ 157,148 $ 73,000
Latah, Idaho 25 $ 2,759,000 $ 110,360 $ 59,000
Jefferson, Montana 20 $ 2,456,000 $ 122,800 $ 68,000
Iron, Utah 19 $ 2,095,000 $ 110,263 $ 76,000
Payette, Idaho 16 $ 1,449,000 $ 90,562 $ 34,000
Uintah, Utah 15 $ 1,671,000 $ 111,400 $ 44,000
Fremont, Idaho 14 $ 1,582,000 $ 113,000 $ 59,000
Jefferson, Idaho 14 $ 1,074,000 $ 76,714 $ 52,000
Kings, New York 14 $ 25,663,000 $ 1,833,071 $ 0
Dawson, Montana 13 $ 747,000 $ 57,461 $ 55,000
Bingham, Idaho 12 $ 996,000 $ 83,000 $ 57,000
Madison, Idaho 12 $ 1,786,000 $ 148,833 $ 81,000
Bannock, Idaho 11 $ 1,143,000 $ 103,909 $ 39,000
Valley, Idaho 11 $ 991,000 $ 90,090 $ 28,000
Sanders, Montana 11 $ 1,095,000 $ 99,545 $ 46,000
Silver Bow, Montana 11 $ 826,000 $ 75,090 $ 71,000
Carbon, Montana 10 $ 1,072,000 $ 107,200 $ 65,000
Madison, Montana 10 $ 2,009,000 $ 200,900 $ 99,000
Valley, Montana 10 $ 726,000 $ 72,600 $ 25,000
Queens, New York 10 $ 39,400,000 $ 3,940,000 $ 0
Grand, Utah 10 $ 1,593,000 $ 159,300 $ 64,000
Blaine, Idaho 9 $ 1,280,000 $ 142,222 $ 123,000
Lincoln, Montana 9 $ 1,381,000 $ 153,444 $ 154,000
Stillwater, Montana 9 $ 940,000 $ 104,444 $ 82,000
Sevier, Utah 9 $ 783,000 $ 87,000 $ 17,000
Alameda, California 8 $ 16,337,000 $ 2,042,125 $ 0
Gooding, Idaho 8 $ 572,000 $ 71,500 $ 44,000
Idaho, Idaho 8 $ 726,000 $ 90,750 $ 43,000
Duchesne, Utah 8 $ 765,000 $ 95,625 $ 39,000
Juab, Utah 8 $ 795,000 $ 99,375 $ 26,000
Broadwater, Montana 7 $ 818,000 $ 116,857 $ 48,000
Custer, Montana 7 $ 694,000 $ 99,142 $ 14,000
Sheridan, Montana 7 $ 382,000 $ 54,571 $ 43,000
Sweet Grass, Montana 7 $ 1,020,000 $ 145,714 $ 39,000
Sanpete, Utah 7 $ 879,000 $ 125,571 $ 11,000
Orange, California 6 $ 7,967,000 $ 1,327,833 $ 40,000
Franklin, Idaho 6 $ 605,000 $ 100,833 $ 37,000
Gem, Idaho 6 $ 531,000 $ 88,500 $ 17,000
New York, New York 6 $ 15,750,000 $ 2,625,000 $ 0
Harris, Texas 6 $ 22,283,000 $ 3,713,833 $ 0
Carbon, Utah 6 $ 415,000 $ 69,166 $ 16,000
Sacramento, California 5 $ 9,941,000 $ 1,988,200 $ 0
Santa Clara, California 5 $ 16,568,000 $ 3,313,600 $ 0
Cassia, Idaho 5 $ 440,000 $ 88,000 $ 107,000
Jerome, Idaho 5 $ 347,000 $ 69,400 $ 37,000
Minidoka, Idaho 5 $ 397,000 $ 79,400 $ 42,000
Nez Perce, Idaho 5 $ 546,000 $ 109,200 $ 38,000
Big Horn, Montana 5 $ 350,000 $ 70,000 $ 96,000
Fergus, Montana 5 $ 346,000 $ 69,200 $ 27,000
Glacier, Montana 5 $ 462,000 $ 92,400 $ 224,000
Emery, Utah 5 $ 456,000 $ 91,200 $ 24,000
Spokane, Washington 5 $ 1,321,000 $ 264,200 $ 38,000
San Diego, California 4 $ 1,732,000 $ 433,000 $ 23,000
Benewah, Idaho 4 $ 523,000 $ 130,750 $ 67,000
Boise, Idaho 4 $ 546,000 $ 136,500 $ 68,000
Elmore, Idaho 4 $ 347,000 $ 86,750 $ 51,000
Lincoln, Idaho 4 $ 356,000 $ 89,000 $ 51,000
Owyhee, Idaho 4 $ 254,000 $ 63,500 $ 28,000
Washington, Idaho 4 $ 308,000 $ 77,000 $ 0
Musselshell, Montana 4 $ 338,000 $ 84,500 $ 47,000
Teton, Montana 4 $ 432,000 $ 108,000 $ 77,000
Dallas, Texas 4 $ 27,550,000 $ 6,887,500 $ 0
Kane, Utah 4 $ 438,000 $ 109,500 $ 111,000
Millard, Utah 4 $ 333,000 $ 83,250 $ 35,000
Morgan, Utah 4 $ 573,000 $ 143,250 $ 13,000
King, Washington 4 $ 1,007,000 $ 251,750 $ 90,000
Riverside, California 3 $ 1,270,000 $ 423,333 $ 139,000
Boundary, Idaho 3 $ 299,000 $ 99,666 $ 0
Shoshone, Idaho 3 $ 361,000 $ 120,333 $ 46,000
Beaverhead, Montana 3 $ 272,000 $ 90,666 $ 0
Hill, Montana 3 $ 246,000 $ 82,000 $ 40,000
Mineral, Montana 3 $ 375,000 $ 125,000 $ 32,000
Richland, Montana 3 $ 168,000 $ 56,000 $ 0
Washington, Oregon 3 $ 5,070,000 $ 1,690,000 $ 30,000
Shelby, Tennessee 3 $ 34,145,000 $ 11,381,666 $ 0
Pierce, Washington 3 $ 1,708,000 $ 569,333 $ 15,000
Snohomish, Washington 3 $ 522,000 $ 174,000 $ 52,000
Maricopa, Arizona 2 $ 11,600,000 $ 5,800,000 $ 0
Contra Costa, California 2 $ 3,074,000 $ 1,537,000 $ 0
Fresno, California 2 $ 3,753,000 $ 1,876,500 $ 0
San Francisco, California 2 $ 22,642,000 $ 11,321,000 $ 0
Santa Cruz, California 2 $ 921,000 $ 460,500 $ 83,000
Adams, Idaho 2 $ 119,000 $ 59,500 $ 11,000
Bear Lake, Idaho 2 $ 103,000 $ 51,500 $ 66,000
Butte, Idaho 2 $ 171,000 $ 85,500 $ 21,000
Clearwater, Idaho 2 $ 182,000 $ 91,000 $ 15,000
Teton, Idaho 2 $ 239,000 $ 119,500 $ 0
Pondera, Montana 2 $ 176,000 $ 88,000 $ 29,000
Powder River, Montana 2 $ 187,000 $ 93,500 $ 14,000
Powell, Montana 2 $ 236,000 $ 118,000 $ 26,000
Roosevelt, Montana 2 $ 90,000 $ 45,000 $ 0
Rosebud, Montana 2 $ 111,000 $ 55,500 $ 74,000
Toole, Montana 2 $ 134,000 $ 67,000 $ 90,000
Hudson, New Jersey 2 $ 4,100,000 $ 2,050,000 $ 0
Bronx, New York 2 $ 5,563,000 $ 2,781,500 $ 0
Lane, Oregon 2 $ 160,000 $ 80,000 $ 70,000
Tarrant, Texas 2 $ 8,450,000 $ 4,225,000 $ 0
Garfield, Utah 2 $ 200,000 $ 100,000 $ 13,000
Piute, Utah 2 $ 96,000 $ 48,000 $ 0
San Juan, Utah 2 $ 195,000 $ 97,500 $ 65,000
Wayne, Utah 2 $ 150,000 $ 75,000 $ 81,000
Stevens, Washington 2 $ 176,000 $ 88,000 $ 43,000
Thurston, Washington 2 $ 303,000 $ 151,500 $ 125,000
Pima, Arizona 1 $ 14,800,000 $ 14,800,000 $ 0
Placer, California 1 $ 3,825,000 $ 3,825,000 $ 0
San Mateo, California 1 $ 965,000 $ 965,000 $ 0
Santa Barbara, California 1 $ 872,000 $ 872,000 $ 0
Sonoma, California 1 $ 2,821,000 $ 2,821,000 $ 0
Stanislaus, California 1 $ 92,000 $ 92,000 $ 79,000
Jefferson, Colorado 1 $ 729,000 $ 729,000 $ 0
Summit, Colorado 1 $ 170,000 $ 170,000 $ 0
Hartford, Connecticut 1 $ 2,000,000 $ 2,000,000 $ 0
New London, Connecticut 1 $ 5,350,000 $ 5,350,000 $ 0
Duval, Florida 1 $ 124,000 $ 124,000 $ 0
Pinellas, Florida 1 $ 4,000,000 $ 4,000,000 $ 0
Chatham, Georgia 1 $ 6,675,000 $ 6,675,000 $ 0
Caribou, Idaho 1 $ 53,000 $ 53,000 $ 46,000
Lemhi, Idaho 1 $ 184,000 $ 184,000 $ 56,000
Power, Idaho 1 $ 61,000 $ 61,000 $ 0
Cook, Illinois 1 $ 356,000 $ 356,000 $ 0
Rock Island, Illinois 1 $ 7,125,000 $ 7,125,000 $ 0
Baltimore City, Maryland 1 $ 6,500,000 $ 6,500,000 $ 0
Wicomico, Maryland 1 $ 7,875,000 $ 7,875,000 $ 0
Anoka, Minnesota 1 $ 4,136,000 $ 4,136,000 $ 0
Hennepin, Minnesota 1 $ 134,000 $ 134,000 $ 85,000
Ramsey, Minnesota 1 $ 4,750,000 $ 4,750,000 $ 0
Chouteau, Montana 1 $ 67,000 $ 67,000 $ 0
Deer Lodge, Montana 1 $ 84,000 $ 84,000 $ 0
Fallon, Montana 1 $ 25,000 $ 25,000 $ 82,000
Granite, Montana 1 $ 90,000 $ 90,000 $ 34,000
Liberty, Montana 1 $ 68,000 $ 68,000 $ 43,000
Meagher, Montana 1 $ 55,000 $ 55,000 $ 58,000
Phillips, Montana 1 $ 75,000 $ 75,000 $ 0
Clark, Nevada 1 $ 3,500,000 $ 3,500,000 $ 0
Burlington, New Jersey 1 $ 5,000,000 $ 5,000,000 $ 0
Camden, New Jersey 1 $ 25,000,000 $ 25,000,000 $ 0
Albany, New York 1 $ 1,850,000 $ 1,850,000 $ 0
Suffolk, New York 1 $ 710,000 $ 710,000 $ 0
Warren, Ohio 1 $ 3,422,000 $ 3,422,000 $ 0
Tulsa, Oklahoma 1 $ 3,815,000 $ 3,815,000 $ 0
Clackamas, Oregon 1 $ 188,000 $ 188,000 $ 0
Deschutes, Oregon 1 $ 209,000 $ 209,000 $ 144,000
Jackson, Oregon 1 $ 213,000 $ 213,000 $ 80,000
Lincoln, Oregon 1 $ 270,000 $ 270,000 $ 390,000
Marion, Oregon 1 $ 530,000 $ 530,000 $ 0
Multnomah, Oregon 1 $ 1,283,000 $ 1,283,000 $ 0
Umatilla, Oregon 1 $ 84,000 $ 84,000 $ 48,000
Philadelphia, Pennsylvania 1 $ 27,500,000 $ 27,500,000 $ 0
Montgomery, Texas 1 $ 1,100,000 $ 1,100,000 $ 0
Nueces, Texas 1 $ 10,664,000 $ 10,664,000 $ 0
Travis, Texas 1 $ 1,138,000 $ 1,138,000 $ 0
Beaver, Utah 1 $ 33,000 $ 33,000 $ 0
Rich, Utah 1 $ 514,000 $ 514,000 $ 128,000
Manassas, Virginia 1 $ 18,108,000 $ 18,108,000 $ 0
Franklin, Washington 1 $ 133,000 $ 133,000 $ 42,000
Grays Harbor, Washington 1 $ 90,000 $ 90,000 $ 0
Kittitas, Washington 1 $ 137,000 $ 137,000 $ 53,000
Skagit, Washington 1 $ 127,000 $ 127,000 $ 53,000
Yakima, Washington 1 $ 120,000 $ 120,000 $ 0

Mortgage Loan Application Detail Totals for Washington Mutual Bank, FSB in 2004

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
Refinancing 2,862 $558,739,000 $4,313,875 $27,500,000 $31,812 $3,006,000
Home Purchase 1,083 $438,680,000 $3,921,052 $18,108,000 $25,157 $9,999,000
Home Improvement 97 $36,093,000 $3,653,375 $7,125,000 $22,250 $480,000

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 2,957 $408,922,000 $255,222 $2,716,000 $67,555 $9,999,000
Not Provided 752 $134,863,000 $276,555 $4,000,000 $52,222 $1,279,000
Hispanic 142 $15,959,000 $161,833 $480,000 $61,166 $167,000
Not applicable 116 $459,783,000 $6,434,200 $27,500,000 $6,450 $129,000
Asian 42 $6,334,000 $238,666 $590,000 $58,166 $278,000
American Indian or Alaskan Native 18 $2,436,000 $135,000 $320,000 $49,000 $132,000
Native Hawaiian or Other Pacific Islander 12 $4,871,000 $793,000 $3,500,000 $33,600 $104,000
Black or African American 3 $344,000 $114,666 $131,000 $33,666 $68,000

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) 3,940 $1,025,158,000 $5,102,250 $27,500,000 $20,291 $9,999,000
FHA-insured (Federal Housing Administration) 66 $4,810,000 $96,500 $167,000 $21,500 $66,000
VA-guaranteed (Veterans Administration) 36 $3,544,000 $135,500 $256,000 $20,500 $91,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,516 $793,258,000 $6,101,181 $27,500,000 $16,454 $2,966,000
Application Denied By Financial Institution 847 $130,703,000 $1,698,500 $7,500,000 $51,875 $3,006,000
Application Approved But Not Accepted 303 $43,777,000 $717,750 $4,100,000 $36,750 $1,743,000
Application Withdrawn By Applicant 113 $25,561,000 $594,181 $2,500,000 $39,818 $543,000
Preapproval Approved but not Accepted 109 $19,255,000 $176,000 $500,000 $74,000 $245,000
Preapproval Denied by Financial Institution 106 $15,777,000 $148,000 $560,000 $94,000 $9,999,000
File Closed For Incompleteness 48 $5,181,000 $108,000 $316,000 $82,000 $300,000
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
Credit History 280 $32,521,000 $140,400 $1,450,000 $66,200 $444,000
Unverifiable Information 162 $29,757,000 $189,000 $1,900,000 $63,600 $575,000
Credit Application Incomplete 141 $20,998,000 $364,000 $2,411,000 $126,714 $9,999,000
Other 132 $21,845,000 $792,200 $3,422,000 $49,400 $700,000
Debt-To-Income Ratio 127 $26,502,000 $1,580,166 $7,500,000 $33,500 $430,000
Collateral 76 $9,878,000 $134,250 $537,000 $88,000 $873,000
Insufficient Cash (Downpayment, Closing Cost) 30 $4,047,000 $136,500 $594,000 $67,750 $335,000
Employment History 5 $932,000 $188,666 $310,000 $72,666 $137,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Washington Mutual Bank, FSB's 2004 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 Mutual Bank, FSB'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 New York, download the full spreadsheet with aggregated HMDA statistics today.

Download the New York Lender List