Commerce Home Mortgage in Washington vs the state
7.8%Denial rate-7.90 pts vs state
11.7%Decision denial rate-7.84 pts vs state
58.5%Origination rate-2.61 pts vs state
6.99%Median rate+0.37 pts vs state
0.51Rate spread (pts)+0.32 pts vs state
$211kMedian applicant income
83Loans originated
11Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 141 | 93 | 10.6% | 7.13% | #185 |
| 2024 | 165 | 91 | 6.7% | 7.13% | #183 |
| 2025 | 142 | 83 | 7.8% | 6.99% | #217 |
What Commerce Home Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 51 | 30 | 4 | 7.8% |
| Clark County | 15 | 9 | 1 | 6.7% |
| Snohomish County | 11 | 5 | 0 | 0.0% |
| Pierce County | 11 | 6 | 1 | 9.1% |
| Spokane County | 8 | 6 | 1 | 12.5% |
| Benton County | 6 | 3 | 0 | 0.0% |
| Walla Walla County | 4 | 3 | 0 | 0.0% |
| Yakima County | 3 | 1 | 0 | 0.0% |
| Mason County | 3 | 2 | 0 | 0.0% |
| Kitsap County | 3 | 1 | 1 | 33.3% |
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: 142 applications in 2025, of which 83 were originated and 11 denied.
7.8% of all applications, or 11.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Commerce Home Mortgage originated in Washington in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Commerce Home 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