Coastal Community Bank · Washington · 2025

Coastal Community Bank in Washington: approval rate, denial rate and rates (2025)

Coastal Community Bank took 1,718 mortgage applications in Washington in 2025, ranking #38 of 822 lenders active in the state. It originated 26.2% of them and denied 3.2% (4.5% of the applications it decided), against a statewide denial rate of 15.7%.

1.7kApplicationsin WA
4.5%Decision denial ratestate 19.5%
9.49%Median ratestate 6.63%
$85,000Median loanstate $335,000
$78MVolume38 counties

Coastal Community Bank in Washington vs the state

3.2%Denial rate-12.45 pts vs state
4.5%Decision denial rate-15.09 pts vs state
26.2%Origination rate-34.87 pts vs state
9.49%Median rate+2.87 pts vs state
2.51Rate spread (pts)+2.32 pts vs state
$155kMedian applicant income
450Loans originated
55Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231439915.4%7.50%#183
20241076429.0%9.00%#220
20251,7184503.2%9.49%#38

What Coastal Community Bank lends in Washington

By loan purpose

Home purchase 26 2% · 19.2% denied
Refinance 3 0% · 0.0% denied
Cash-out refinance 325 19% · 2.5% denied
Home improvement 473 28% · 4.4% denied
Other / HELOC 891 52% · 2.4% denied

By loan type

Conventional 1,716 100% · 3.2% denied
FHA 2 0% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 28 51%
Credit history 13 24%
Other 7 13%
Collateral 4 7%
Unverifiable information 3 5%

Where in Washington

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 360858 2.2%
Snohomish County 3108027 8.7%
Pierce County 252732 0.8%
Clark County 153391 0.7%
Spokane County 105250 0.0%
Thurston County 65241 1.5%
Kitsap County 56171 1.8%
Benton County 46141 2.2%
Yakima County 45153 6.7%
Whatcom County 4191 2.4%

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: 1,718 applications in 2025, of which 450 were originated and 55 denied.

3.2% of all applications, or 4.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Coastal Community Bank originated in Washington in 2025 was 9.49%, against a statewide median of 6.63%.

About this data. Figures are Coastal Community Bank'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