Citibank · Washington · 2025

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

Citibank took 681 mortgage applications in Washington in 2025, ranking #83 of 822 lenders active in the state. It originated 46.6% of them and denied 7.8% (14.1% of the applications it decided), against a statewide denial rate of 15.7%.

681Applicationsin WA
14.1%Decision denial ratestate 19.5%
5.63%Median ratestate 6.63%
$1,015,000Median loanstate $335,000
$516MVolume22 counties

Citibank in Washington vs the state

7.8%Denial rate-7.87 pts vs state
14.1%Decision denial rate-5.41 pts vs state
46.6%Origination rate-14.51 pts vs state
5.63%Median rate-1.00 pts vs state
-0.28Rate spread (pts)-0.46 pts vs state
$338kMedian applicant income
317Loans originated
53Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233922234.9%5.88%#105
20245502664.6%6.13%#89
20256813177.8%5.63%#83

What Citibank lends in Washington

By loan purpose

Home purchase 225 33% · 5.3% denied
Refinance 349 51% · 3.4% denied
Cash-out refinance 25 4% · 16.0% denied
Home improvement 42 6% · 31.0% denied
Other / HELOC 40 6% · 30.0% denied

By loan type

Conventional 681 100% · 7.8% denied

Why it denied Washington applicants

Debt-to-income ratio 30 57%
Collateral 11 21%
Credit history 8 15%
Other 2 4%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Washington

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 44123624 5.4%
Snohomish County 145518 5.5%
Pierce County 1844 22.2%
Spokane County 1427 50.0%
Clark County 1352 15.4%
Kitsap County 720 0.0%
Whatcom County 731 14.3%
Yakima County 510 0.0%
Island County 531 20.0%
Benton County 401 25.0%

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: 681 applications in 2025, of which 317 were originated and 53 denied.

7.8% of all applications, or 14.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Citibank originated in Washington in 2025 was 5.63%, against a statewide median of 6.63%.

About this data. Figures are Citibank'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