Washington
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover comprehensive Washington mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all Washington based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into Washington's mortgage market trends.

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 248,079
Total Mortgage Loan Application Amount $95,285,855,000
Average Mortgage Loan Application Amount $384,000
Highest Mortgage Loan Application Amount $91,385,000
Average Applicant Income $166,000
Highest Applicant Income $9,586,000

Explore comprehensive HMDA mortgage statistics and application trends for 2023 in Washington. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in Washington, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2023 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in Washington.

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Mortgage Loan Application Detail Totals for Washington 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 129,017 $66,871,690,000 $518,000 $90,835,000 $183,000 $9,333,000
Home Improvement 35,304 $4,473,070,000 $126,000 $39,985,000 $152,000 $7,861,000
Other Purpose 33,107 $4,603,955,000 $139,000 $7,005,000 $152,000 $9,551,000
Cash-out Refinancing 32,041 $11,299,020,000 $352,000 $91,385,000 $130,000 $6,268,000
Refinancing 18,219 $7,916,135,000 $434,000 $80,155,000 $172,000 $9,586,000
Not Applicable 391 $121,985,000 $311,000 $13,605,000 $44,000 $110,000

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 134,839 $42,587,485,000 $315,000 $8,005,000 $158,000 $9,551,000
Not Provided 34,928 $13,414,690,000 $384,000 $18,755,000 $179,000 $9,586,000
Asian 22,665 $11,953,965,000 $527,000 $7,125,000 $213,000 $9,333,000
Not applicable 20,019 $15,039,165,000 $751,000 $91,385,000 $227,000 $2,846,000
Hispanic 18,181 $5,296,525,000 $291,000 $5,605,000 $129,000 $7,800,000
Black or African American 8,119 $2,844,905,000 $350,000 $2,705,000 $150,000 $7,861,000
American Indian or Alaskan Native 2,806 $747,350,000 $266,000 $3,065,000 $132,000 $3,175,000
Native Hawaiian or Other Pacific Islander 1,220 $384,920,000 $315,000 $2,005,000 $135,000 $3,432,000

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) 202,587 $76,029,445,000 $375,000 $91,385,000 $176,000 $9,586,000
FHA-insured (Federal Housing Administration) 25,643 $10,000,505,000 $389,000 $55,865,000 $108,000 $4,854,000
VA-guaranteed (Veterans Administration) 19,447 $9,180,655,000 $472,000 $3,095,000 $124,000 $6,268,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 402 $75,250,000 $187,000 $1,195,000 $99,000 $410,000

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 136,415 $55,255,895,000 $405,000 $91,385,000 $172,000 $9,586,000
Application Denied By Financial Institution 41,035 $9,497,915,000 $231,000 $55,865,000 $132,000 $9,551,000
Application Withdrawn By Applicant 33,446 $14,700,570,000 $439,000 $49,005,000 $181,000 $9,333,000
Loan Purchased By The Institution 19,727 $9,986,805,000 $506,000 $86,605,000 $210,000 $4,500,000
File Closed For Incompleteness 9,883 $3,164,545,000 $320,000 $8,305,000 $165,000 $7,800,000
Application Approved But Not Accepted 6,205 $2,024,385,000 $326,000 $35,335,000 $161,000 $6,677,000
Preapproval Approved but not Accepted 963 $486,125,000 $504,000 $2,405,000 $153,000 $1,620,000
Preapproval Denied by Financial Institution 405 $169,615,000 $418,000 $1,705,000 $121,000 $2,932,000

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 205,206 $84,835,230,000 $413,000 $91,385,000 $173,000 $9,586,000
Debt-To-Income Ratio 17,400 $4,715,260,000 $270,000 $40,005,000 $105,000 $6,220,000
Credit History 8,477 $1,421,535,000 $167,000 $14,005,000 $132,000 $9,551,000
Collateral 6,396 $1,440,950,000 $225,000 $55,865,000 $171,000 $7,800,000
Credit Application Incomplete 3,986 $1,012,170,000 $253,000 $3,605,000 $156,000 $6,689,000
Other 3,948 $973,240,000 $246,000 $37,255,000 $157,000 $6,060,000
Unverifiable Information 1,615 $462,735,000 $286,000 $2,895,000 $167,000 $4,635,000
Insufficient Cash (Downpayment, Closing Cost) 622 $291,260,000 $468,000 $3,255,000 $161,000 $3,500,000
Employment History 422 $130,350,000 $308,000 $2,085,000 $106,000 $1,072,000
Mortgage Insurance Denied 7 $3,125,000 $446,000 $795,000 $100,000 $344,000
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Mortgage Loan Application Totals in 2023 by Washington Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BELLINGHAM, WA 7,015 $ 2,421,505,000 $ 345,000 $ 157,000
BREMERTON-SILVERDALE, WA 10,345 $ 3,763,400,000 $ 363,000 $ 150,000
KENNEWICK-RICHLAND, WA 9,977 $ 2,692,465,000 $ 269,000 $ 126,000
LONGVIEW, WA 4,521 $ 1,126,515,000 $ 249,000 $ 114,000
MOUNT VERNON-ANACORTES, WA 3,994 $ 1,330,570,000 $ 333,000 $ 146,000
OLYMPIA-TUMWATER, WA 11,376 $ 3,790,400,000 $ 333,000 $ 140,000
SEATTLE-BELLEVUE-EVERETT, WA 87,715 $ 45,449,645,000 $ 518,000 $ 212,000
SPOKANE-SPOKANE VALLEY, WA 21,074 $ 5,662,425,000 $ 268,000 $ 126,000
TACOMA-LAKEWOOD, WA 33,545 $ 11,752,440,000 $ 350,000 $ 150,000
WALLA WALLA, WA 1,733 $ 473,695,000 $ 273,000 $ 129,000
WENATCHEE, WA 3,829 $ 1,307,130,000 $ 341,000 $ 166,000
YAKIMA, WA 5,901 $ 1,350,775,000 $ 228,000 $ 113,000
Download the Washington Lender List

Mortgage Loan Application Totals in 2023 by Washington County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 444 $ 90,030,000 $ 202,000 $ 105,000
Asotin 640 $ 131,200,000 $ 205,000 $ 98,000
Benton 7,192 $ 1,989,800,000 $ 276,000 $ 131,000
Chelan 2,492 $ 880,735,000 $ 353,000 $ 180,000
Clallam 2,364 $ 658,320,000 $ 278,000 $ 127,000
Clark 18,411 $ 6,068,260,000 $ 329,000 $ 152,000
Columbia 154 $ 29,720,000 $ 192,000 $ 103,000
Cowlitz 4,521 $ 1,126,515,000 $ 249,000 $ 114,000
Douglas 1,337 $ 426,395,000 $ 318,000 $ 140,000
Ferry 146 $ 27,780,000 $ 190,000 $ 95,000
Franklin 2,785 $ 702,665,000 $ 252,000 $ 116,000
Garfield 82 $ 15,570,000 $ 189,000 $ 111,000
Grant 2,912 $ 729,140,000 $ 250,000 $ 129,000
Grays Harbor 3,238 $ 776,060,000 $ 239,000 $ 124,000
Island 3,398 $ 1,182,390,000 $ 347,000 $ 155,000
Jefferson 1,039 $ 327,335,000 $ 315,000 $ 145,000
King 59,525 $ 33,440,865,000 $ 561,000 $ 230,000
Kitsap 10,345 $ 3,763,400,000 $ 363,000 $ 150,000
Kittitas 1,785 $ 750,015,000 $ 420,000 $ 224,000
Klickitat 732 $ 200,810,000 $ 274,000 $ 120,000
Lewis 3,451 $ 905,445,000 $ 262,000 $ 123,000
Lincoln 506 $ 100,620,000 $ 198,000 $ 97,000
Mason 2,919 $ 820,895,000 $ 281,000 $ 128,000
Okanogan 1,018 $ 238,350,000 $ 234,000 $ 116,000
Pacific 967 $ 231,960,000 $ 240,000 $ 116,000
Pend Oreille 541 $ 134,305,000 $ 248,000 $ 120,000
Pierce 33,545 $ 11,752,440,000 $ 350,000 $ 150,000
San Juan 575 $ 279,705,000 $ 486,000 $ 241,000
Skagit 3,994 $ 1,330,570,000 $ 333,000 $ 146,000
Skamania 448 $ 132,610,000 $ 296,000 $ 151,000
Snohomish 28,190 $ 12,008,780,000 $ 426,000 $ 176,000
Spokane 19,371 $ 5,266,410,000 $ 271,000 $ 128,000
Stevens 1,703 $ 396,015,000 $ 232,000 $ 109,000
Thurston 11,376 $ 3,790,400,000 $ 333,000 $ 140,000
Wahkiakum 223 $ 52,565,000 $ 235,000 $ 123,000
Walla Walla 1,733 $ 473,695,000 $ 273,000 $ 129,000
Whatcom 7,015 $ 2,421,505,000 $ 345,000 $ 157,000
Whitman 1,061 $ 281,805,000 $ 265,000 $ 123,000
Yakima 5,901 $ 1,350,775,000 $ 228,000 $ 113,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into Washington's 2023 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of Washington's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the Washington Lender List