Banner Bank in Washington vs the state
28.3%Denial rate+12.65 pts vs state
32.6%Decision denial rate+13.03 pts vs state
55.5%Origination rate-5.54 pts vs state
7.00%Median rate+0.38 pts vs state
0.31Rate spread (pts)+0.12 pts vs state
$144kMedian applicant income
1,842Loans originated
939Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,933 | 1,618 | 29.4% | 7.63% | #18 |
| 2024 | 3,078 | 1,677 | 30.2% | 8.13% | #20 |
| 2025 | 3,318 | 1,842 | 28.3% | 7.00% | #23 |
What Banner Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Banner Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 576 | 318 | 181 | 31.4% |
| Spokane County | 324 | 184 | 86 | 26.5% |
| Pierce County | 311 | 155 | 100 | 32.2% |
| Whatcom County | 271 | 164 | 54 | 19.9% |
| Snohomish County | 244 | 145 | 63 | 25.8% |
| Skagit County | 206 | 131 | 54 | 26.2% |
| Yakima County | 169 | 82 | 65 | 38.5% |
| Chelan County | 143 | 78 | 33 | 23.1% |
| Clark County | 140 | 64 | 49 | 35.0% |
| Benton County | 116 | 58 | 42 | 36.2% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 3,318 applications in 2025, of which 1,842 were originated and 939 denied.
28.3% of all applications, or 32.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Banner Bank originated in Washington in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Banner Bank'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