21st Mortgage · Washington · 2025

21st Mortgage in Washington: approval rate, denial rate and rates (2025)

21st Mortgage took 916 mortgage applications in Washington in 2025, ranking #69 of 822 lenders active in the state. It originated 17.6% of them and denied 44.1% (70.5% of the applications it decided), against a statewide denial rate of 15.7%.

916Applicationsin WA
70.5%Decision denial ratestate 19.5%
10.03%Median ratestate 6.63%
$125,000Median loanstate $335,000
$22MVolume35 counties

21st Mortgage in Washington vs the state

44.1%Denial rate+28.45 pts vs state
70.5%Decision denial rate+50.97 pts vs state
17.6%Origination rate-43.48 pts vs state
10.03%Median rate+3.40 pts vs state
4.24Rate spread (pts)+4.05 pts vs state
$72kMedian applicant income
161Loans originated
404Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,45417852.0%10.07%#44
20241,22118547.8%10.11%#49
202591616144.1%10.03%#69

What 21st Mortgage lends in Washington

By loan purpose

Home purchase 862 94% · 43.5% denied
Refinance 13 1% · 69.2% denied
Cash-out refinance 13 1% · 69.2% denied
Home improvement 20 2% · 45.0% denied
Other / HELOC 8 1% · 25.0% denied

By loan type

Conventional 916 100% · 44.1% denied

Why it denied Washington applicants

Credit history 179 44%
Debt-to-income ratio 170 42%
Collateral 18 4%
Insufficient cash 17 4%
Incomplete application 9 2%
Unverifiable information 9 2%
Employment history 1 0%
Other 1 0%

Where in Washington

Counties with the most 21st Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1021461 59.8%
Benton County 902040 44.4%
Clark County 901040 44.4%
Spokane County 781629 37.2%
Pierce County 771140 51.9%
Snohomish County 62625 40.3%
Yakima County 51924 47.1%
Kitsap County 49918 36.7%
Thurston County 35612 34.3%
Whatcom County 35714 40.0%

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: 916 applications in 2025, of which 161 were originated and 404 denied.

44.1% of all applications, or 70.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans 21st Mortgage originated in Washington in 2025 was 10.03%, against a statewide median of 6.63%.

About this data. Figures are 21st Mortgage'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