City Lending in Washington vs the state
23.3%Denial rate+7.68 pts vs state
28.0%Decision denial rate+8.46 pts vs state
60.0%Origination rate-1.06 pts vs state
7.50%Median rate+0.88 pts vs state
—Rate spread (pts)
$164kMedian applicant income
18Loans originated
7Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 56 | 41 | 16.1% | 6.88% | #274 |
| 2025 | 30 | 18 | 23.3% | 7.50% | #348 |
What City Lending lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most City Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Chelan County | 10 | 4 | 4 | 40.0% |
| Douglas County | 6 | 6 | 0 | 0.0% |
| Snohomish County | 6 | 4 | 1 | 16.7% |
| Pierce County | 4 | 2 | 1 | 25.0% |
| Skagit County | 2 | 2 | 0 | 0.0% |
| Clark County | 2 | 0 | 1 | 50.0% |
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: 30 applications in 2025, of which 18 were originated and 7 denied.
23.3% of all applications, or 28.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans City Lending originated in Washington in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are City Lending'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