1st Security Bank of Washington · Washington · 2025

1st Security Bank of Washington in Washington: approval rate, denial rate and rates (2025)

1st Security Bank of Washington took 1,938 mortgage applications in Washington in 2025, ranking #33 of 822 lenders active in the state. It originated 73.9% of them and denied 5.0% (6.2% of the applications it decided), against a statewide denial rate of 15.7%.

1.9kApplicationsin WA
6.2%Decision denial ratestate 19.5%
6.50%Median ratestate 6.63%
$405,000Median loanstate $335,000
$716MVolume36 counties

1st Security Bank of Washington in Washington vs the state

5.0%Denial rate-10.70 pts vs state
6.2%Decision denial rate-13.37 pts vs state
73.9%Origination rate+12.83 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.02 pts vs state
$143kMedian applicant income
1,432Loans originated
96Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4751,0507.3%6.88%#43
20241,7791,3464.6%6.75%#35
20251,9381,4325.0%6.50%#33

What 1st Security Bank of Washington lends in Washington

By loan purpose

Home purchase 1,394 72% · 3.0% denied
Refinance 199 10% · 6.0% denied
Cash-out refinance 134 7% · 7.5% denied
Home improvement 106 5% · 16.0% denied
Other / HELOC 105 5% · 14.3% denied

By loan type

Conventional 1,529 79% · 4.5% denied
FHA 308 16% · 7.8% denied
VA 100 5% · 3.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 40 42%
Credit history 25 26%
Collateral 19 20%
Other 4 4%
Unverifiable information 4 4%
Employment history 2 2%
Incomplete application 2 2%

Where in Washington

Counties with the most 1st Security Bank of Washington applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 4143129 2.2%
Benton County 32124616 5.0%
Pierce County 19512613 6.7%
Snohomish County 1671257 4.2%
Franklin County 1561195 3.2%
Kitsap County 88665 5.7%
Thurston County 62476 9.7%
Clark County 60462 3.3%
Jefferson County 55394 7.3%
Grays Harbor County 54366 11.1%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 1,938 applications in 2025, of which 1,432 were originated and 96 denied.

5.0% of all applications, or 6.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans 1st Security Bank of Washington originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are 1st Security Bank of Washington's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology