Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Whatcom County, Washington
Every institution that decided a 1–4 unit mortgage application in Whatcom County, home to Bellingham, between 2023 and 2025: 14,494 applications, 11,568 loans actually funded, across 8 kinds of borrowing.
Whatcom County at a glance
14,494Applications decided
2023–2025
11,568Loans funded
80% of decisions
54Census tracts
13 ZIP codes
228,432People
ACS 2023
What the data shows
The typical purchase mortgage here is $445K.
Investment home improvement is the hardest money to get here: lenders approved 54% of 140 applications.
Lending by loan type in Whatcom County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.4% | 7,119 | $445K | 96% | 278 |
| Home improvement loans | 72.6% | 2,491 | $75K | 97% | 89 |
| Cash-out refinance | 72.5% | 2,033 | $155K | 96% | 154 |
| Refinance | 80.8% | 1,534 | $405K | 95% | 164 |
| Investment property purchase | 89.3% | 792 | $375K | 96% | 138 |
| Investment cash-out refinance | 67.5% | 200 | $385K | 93% | 71 |
| Investment refinance | 77.8% | 185 | $365K | 94% | 65 |
| Investment home improvement | 54.3% | 140 | $105K | 91% | 26 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.