American Financial Network · Washington · 2025

American Financial Network in Washington: approval rate, denial rate and rates (2025)

American Financial Network took 301 mortgage applications in Washington in 2025, ranking #146 of 822 lenders active in the state. It originated 62.1% of them and denied 10.6% (14.4% of the applications it decided), against a statewide denial rate of 15.7%.

301Applicationsin WA
14.4%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$435,000Median loanstate $335,000
$100MVolume30 counties

American Financial Network in Washington vs the state

10.6%Denial rate-5.02 pts vs state
14.4%Decision denial rate-5.19 pts vs state
62.1%Origination rate+1.07 pts vs state
6.63%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.05 pts vs state
$120kMedian applicant income
187Loans originated
32Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333914011.8%6.75%#120
20242521498.3%6.75%#148
202530118710.6%6.63%#146

What American Financial Network lends in Washington

By loan purpose

Home purchase 181 60% · 9.4% denied
Refinance 40 13% · 17.5% denied
Cash-out refinance 80 27% · 10.0% denied

By loan type

Conventional 156 52% · 10.9% denied
FHA 89 30% · 14.6% denied
VA 52 17% · 0.0% denied
USDA / RHS 4 1% · 50.0% denied

Why it denied Washington applicants

Debt-to-income ratio 17 53%
Credit history 7 22%
Other 4 13%
Employment history 1 3%
Collateral 1 3%
Incomplete application 1 3%
Unverifiable information 1 3%

Where in Washington

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 49304 8.2%
Pierce County 47324 8.5%
Yakima County 35187 20.0%
Kitsap County 30210 0.0%
Snohomish County 28192 7.1%
Clark County 27136 22.2%
Thurston County 1293 25.0%
Mason County 1150 0.0%
Whatcom County 851 12.5%
Spokane County 742 28.6%

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: 301 applications in 2025, of which 187 were originated and 32 denied.

10.6% of all applications, or 14.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans American Financial Network originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network'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