Better Mortgage in Washington vs the state
22.4%Denial rate+6.78 pts vs state
39.2%Decision denial rate+19.70 pts vs state
33.8%Origination rate-27.30 pts vs state
7.00%Median rate+0.38 pts vs state
0.43Rate spread (pts)+0.24 pts vs state
$208kMedian applicant income
480Loans originated
319Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 425 | 206 | 4.0% | 6.00% | #99 |
| 2024 | 546 | 193 | 9.7% | 6.50% | #90 |
| 2025 | 1,422 | 480 | 22.4% | 7.00% | #47 |
What Better Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 551 | 200 | 121 | 22.0% |
| Snohomish County | 237 | 88 | 39 | 16.5% |
| Pierce County | 155 | 44 | 33 | 21.3% |
| Clark County | 99 | 38 | 18 | 18.2% |
| Spokane County | 58 | 23 | 15 | 25.9% |
| Whatcom County | 40 | 7 | 13 | 32.5% |
| Thurston County | 38 | 7 | 12 | 31.6% |
| Kitsap County | 28 | 9 | 9 | 32.1% |
| Benton County | 26 | 10 | 7 | 26.9% |
| Chelan County | 22 | 5 | 5 | 22.7% |
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: 1,422 applications in 2025, of which 480 were originated and 319 denied.
22.4% of all applications, or 39.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Better Mortgage originated in Washington in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are Better 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