Broker Solutions · Washington · 2025

Broker Solutions in Washington: approval rate, denial rate and rates (2025)

Broker Solutions took 3,328 mortgage applications in Washington in 2025, ranking #22 of 822 lenders active in the state. It originated 50.5% of them and denied 8.6% (14.3% of the applications it decided), against a statewide denial rate of 15.7%.

3.3kApplicationsin WA
14.3%Decision denial ratestate 19.5%
6.75%Median ratestate 6.63%
$335,000Median loanstate $335,000
$662MVolume39 counties

Broker Solutions in Washington vs the state

8.6%Denial rate-7.03 pts vs state
14.3%Decision denial rate-5.26 pts vs state
50.5%Origination rate-10.58 pts vs state
6.75%Median rate+0.13 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$118kMedian applicant income
1,680Loans originated
287Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8971,0327.0%6.88%#32
20243,1931,6237.8%6.88%#18
20253,3281,6808.6%6.75%#22

What Broker Solutions lends in Washington

By loan purpose

Home purchase 1,620 49% · 4.5% denied
Refinance 428 13% · 4.9% denied
Cash-out refinance 840 25% · 10.1% denied
Home improvement 171 5% · 17.5% denied
Other / HELOC 269 8% · 29.0% denied

By loan type

Conventional 2,204 66% · 7.1% denied
FHA 861 26% · 12.9% denied
VA 260 8% · 7.7% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Washington applicants

Credit history 124 43%
Collateral 51 18%
Debt-to-income ratio 40 14%
Other 26 9%
Incomplete application 26 9%
Unverifiable information 12 4%
Insufficient cash 6 2%
Employment history 2 1%

Where in Washington

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 60729756 9.2%
Pierce County 45720956 12.3%
Snohomish County 43222030 6.9%
Yakima County 30819212 3.9%
Spokane County 2117832 15.2%
Kitsap County 20413216 7.8%
Clark County 1255610 8.0%
Thurston County 121629 7.4%
Benton County 1135812 10.6%
Skagit County 83437 8.4%

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: 3,328 applications in 2025, of which 1,680 were originated and 287 denied.

8.6% of all applications, or 14.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Broker Solutions originated in Washington in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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