Washington State Employees Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Washington State Employees Credit Union 2004 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Washington State Employees Credit Union Po Box Wsecu Olympia, WA 98507 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,687 |
| Total Mortgage Loan Application Amount | $288,308,000 |
| Average Mortgage Loan Application Amount | $60,454 |
| Highest Mortgage Loan Application Amount | $400,000 |
| Average Applicant Income | $65,636 |
| Highest Applicant Income | $811,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Washington State Employees Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Washington State Employees Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Washington State Employees Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Washington State Employees Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Washington State Employees Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Washington State Employees Credit Union's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Thurston County Washington | 676 | $ 73,894,000 | $ 109,000 | $ 68,000 |
| King County Washington | 350 | $ 46,608,000 | $ 133,000 | $ 71,000 |
| Spokane County Washington | 312 | $ 25,894,000 | $ 82,000 | $ 57,000 |
| Pierce County Washington | 296 | $ 33,768,000 | $ 114,000 | $ 55,000 |
| Lewis County Washington | 137 | $ 13,753,000 | $ 100,000 | $ 53,000 |
| Whitman County Washington | 132 | $ 12,454,000 | $ 94,000 | $ 63,000 |
| Yakima County Washington | 131 | $ 13,395,000 | $ 102,000 | $ 63,000 |
| Snohomish County Washington | 126 | $ 14,179,000 | $ 112,000 | $ 77,000 |
| Benton County Washington | 99 | $ 11,605,000 | $ 117,000 | $ 50,000 |
| Mason County Washington | 81 | $ 8,340,000 | $ 102,000 | $ 53,000 |
| Grays Harbor County Washington | 44 | $ 4,137,000 | $ 94,000 | $ 55,000 |
| Kitsap County Washington | 41 | $ 4,386,000 | $ 106,000 | $ 73,000 |
| Franklin County Washington | 28 | $ 2,719,000 | $ 97,000 | $ 46,000 |
| Kittitas County Washington | 28 | $ 3,471,000 | $ 123,000 | $ 56,000 |
| Clark County Washington | 26 | $ 3,660,000 | $ 140,000 | $ 55,000 |
| Stevens County Washington | 22 | $ 1,618,000 | $ 73,000 | $ 53,000 |
| Pacific County Washington | 20 | $ 1,510,000 | $ 75,000 | $ 46,000 |
| Skagit County Washington | 16 | $ 2,012,000 | $ 125,000 | $ 62,000 |
| Clallam County Washington | 14 | $ 1,003,000 | $ 71,000 | $ 74,000 |
| Island County Washington | 13 | $ 1,567,000 | $ 120,000 | $ 87,000 |
| Lincoln County Washington | 11 | $ 653,000 | $ 59,000 | $ 72,000 |
| Okanogan County Washington | 9 | $ 931,000 | $ 103,000 | $ 60,000 |
| Latah County Idaho | 8 | $ 343,000 | $ 42,000 | $ 58,000 |
| Adams County Washington | 8 | $ 732,000 | $ 91,000 | $ 68,000 |
| Jefferson County Washington | 8 | $ 1,080,000 | $ 135,000 | $ 54,000 |
| Asotin County Washington | 7 | $ 758,000 | $ 108,000 | $ 57,000 |
| Whatcom County Washington | 7 | $ 476,000 | $ 68,000 | $ 68,000 |
| Cowlitz County Washington | 5 | $ 936,000 | $ 187,000 | $ 66,000 |
| Grant County Washington | 5 | $ 348,000 | $ 69,000 | $ 70,000 |
| Walla Walla County Washington | 5 | $ 156,000 | $ 31,000 | $ 47,000 |
| Chelan County Washington | 4 | $ 599,000 | $ 149,000 | $ 77,000 |
| Douglas County Washington | 3 | $ 211,000 | $ 70,000 | $ 59,000 |
| Pend Oreille County Washington | 3 | $ 337,000 | $ 112,000 | $ 63,000 |
| Klickitat County Washington | 2 | $ 258,000 | $ 129,000 | $ 57,000 |
| Cook County Illinois | 1 | $ 63,000 | $ 63,000 | $ 53,000 |
| York County Maine | 1 | $ 4,000 | $ 4,000 | $ 70,000 |
| Multnomah County Oregon | 1 | $ 15,000 | $ 15,000 | $ 12,000 |
| Washington County Oregon | 1 | $ 20,000 | $ 20,000 | $ 93,000 |
| Richland County South Carolina | 1 | $ 10,000 | $ 10,000 | $ 72,000 |
| Columbia County Washington | 1 | $ 54,000 | $ 54,000 | $ 46,000 |
| San Juan County Washington | 1 | $ 30,000 | $ 30,000 | $ 101,000 |
| Wahkiakum County Washington | 1 | $ 35,000 | $ 35,000 | $ 54,000 |
Mortgage Loan Application Detail Totals for Washington State Employees Credit Union 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 | 1,262 | $167,184,000 | $96,000 | $360,000 | $57,000 | $811,000 |
| Home Improvement | 732 | $20,376,000 | $24,833 | $107,000 | $62,166 | $237,000 |
| Home Purchase | 693 | $100,748,000 | $108,000 | $400,000 | $78,333 | $220,000 |
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 | 2,112 | $240,529,000 | $85,333 | $400,000 | $78,000 | $811,000 |
| Not Provided | 351 | $20,819,000 | $32,166 | $334,000 | $59,666 | $198,000 |
| Asian | 85 | $11,273,000 | $132,000 | $334,000 | $70,000 | $179,000 |
| Black or African American | 53 | $6,928,000 | $130,000 | $263,000 | $62,000 | $155,000 |
| Hispanic | 39 | $4,381,000 | $112,000 | $321,000 | $70,000 | $176,000 |
| Native Hawaiian or Other Pacific Islander | 24 | $2,603,000 | $108,000 | $225,000 | $68,000 | $134,000 |
| American Indian or Alaskan Native | 20 | $1,394,000 | $50,500 | $210,000 | $62,500 | $146,000 |
| Not applicable | 3 | $381,000 | $127,000 | $166,000 | $44,000 | $69,000 |
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) | 2,657 | $283,772,000 | $48,428 | $400,000 | $68,857 | $811,000 |
| VA-guaranteed (Veterans Administration) | 21 | $3,400,000 | $161,000 | $240,000 | $60,000 | $89,000 |
| FHA-insured (Federal Housing Administration) | 8 | $1,008,000 | $126,000 | $158,000 | $50,000 | $61,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $128,000 | $128,000 | $128,000 | $57,000 | $57,000 |
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 | 2,556 | $274,979,000 | $40,500 | $400,000 | $61,333 | $811,000 |
| Application Approved But Not Accepted | 47 | $6,251,000 | $133,000 | $334,000 | $59,000 | $179,000 |
| Application Withdrawn By Applicant | 36 | $3,614,000 | $100,000 | $321,000 | $64,000 | $106,000 |
| Application Denied By Financial Institution | 28 | $2,871,000 | $102,000 | $360,000 | $57,000 | $146,000 |
| File Closed For Incompleteness | 19 | $497,000 | $26,000 | $100,000 | $61,000 | $174,000 |
| Preapproval Denied by Financial Institution | 1 | $96,000 | $96,000 | $96,000 | $114,000 | $114,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 10 | $1,178,000 | $117,000 | $220,000 | $54,000 | $96,000 |
| Debt-To-Income Ratio | 4 | $354,000 | $88,000 | $143,000 | $58,000 | $132,000 |
| Collateral | 4 | $352,000 | $88,000 | $113,000 | $47,000 | $67,000 |
| Employment History | 1 | $108,000 | $108,000 | $108,000 | $28,000 | $28,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 State Employees Credit Union'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 State Employees 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.