BoxCar Mortgage · Washington · 2025

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

BoxCar Mortgage took 60 mortgage applications in Washington in 2025, ranking #281 of 822 lenders active in the state. It originated 83.3% of them and denied 1.7% (1.9% of the applications it decided), against a statewide denial rate of 15.7%.

60Applicationsin WA
1.9%Decision denial ratestate 19.5%
6.50%Median ratestate 6.63%
$390,000Median loanstate $335,000
$20MVolume10 counties

BoxCar Mortgage in Washington vs the state

1.7%Denial rate-13.98 pts vs state
1.9%Decision denial rate-17.65 pts vs state
83.3%Origination rate+22.27 pts vs state
6.50%Median rate-0.13 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$10,584kMedian applicant income
50Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202475531.3%6.63%#249
202560501.7%6.50%#281

What BoxCar Mortgage lends in Washington

By loan purpose

Home purchase 44 73% · 0.0% denied
Refinance 9 15% · 11.1% denied
Cash-out refinance 7 12% · 0.0% denied

By loan type

Conventional 37 62% · 2.7% denied
FHA 13 22% · 0.0% denied
VA 10 17% · 0.0% denied

Why it denied Washington applicants

Credit history 1 100%

Where in Washington

Counties with the most BoxCar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lewis County 34300 0.0%
Pierce County 660 0.0%
Thurston County 540 0.0%
Spokane County 430 0.0%
Clallam County 410 0.0%
King County 321 33.3%
Okanogan County 110 0.0%
Pacific County 110 0.0%
Jefferson County 110 0.0%
Cowlitz County 110 0.0%

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: 60 applications in 2025, of which 50 were originated and 1 denied.

1.7% of all applications, or 1.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans BoxCar Mortgage originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are BoxCar 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