Bank of America in District of Columbia vs the state
33.2%Denial rate+15.09 pts vs state
41.6%Decision denial rate+17.87 pts vs state
45.6%Origination rate-9.91 pts vs state
5.99%Median rate-0.51 pts vs state
0.31Rate spread (pts)+0.26 pts vs state
$175kMedian applicant income
249Loans originated
181Denied
Trend in District of Columbia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 645 | 237 | 47.0% | 6.50% | #2 |
| 2024 | 567 | 228 | 37.9% | 6.75% | #2 |
| 2025 | 546 | 249 | 33.2% | 5.99% | #3 |
What Bank of America lends in District of Columbia
By loan purpose
By loan type
Why it denied District of Columbia applicants
Where in District of Columbia
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| District of Columbia | 546 | 249 | 181 | 33.2% |
Other large lenders in District of Columbia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 786 | 28.5% | 7.75% |
| Rocket Mortgage | C | 671 | 20.7% | 6.63% |
| First Savings Mortgage | A | 544 | 0.9% | 6.50% |
| Truist Bank | C | 529 | 41.2% | 6.25% |
| PNC Bank | D | 467 | 31.5% | 6.25% |
| JPMorgan Chase Bank | B | 459 | 7.6% | 6.38% |
| Citibank | B | 417 | 9.6% | 6.00% |
| First Home Mortgage | B | 359 | 2.5% | 6.63% |
| Newrez | D | 353 | 23.5% | 6.63% |
| United Shore Financial Services | B | 327 | 17.4% | 6.37% |
Frequently asked questions
District of Columbia: 546 applications in 2025, of which 249 were originated and 181 denied.
33.2% of all applications, or 41.6% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.
The median rate on loans Bank of America originated in District of Columbia in 2025 was 5.99%, against a statewide median of 6.50%.
About this data. Figures are Bank of America's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology