Commercial Lender in Washington vs the state
88.6%Denial rate+72.92 pts vs state
93.9%Decision denial rate+74.40 pts vs state
5.7%Origination rate-55.35 pts vs state
8.75%Median rate+2.12 pts vs state
—Rate spread (pts)
—Median applicant income
2Loans originated
31Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 1 | 30.8% | 11.74% | #430 |
| 2024 | 16 | 1 | 56.3% | 12.49% | #403 |
| 2025 | 35 | 2 | 88.6% | 8.75% | #327 |
What Commercial Lender lends in Washington
By loan purpose
By loan type
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: 35 applications in 2025, of which 2 were originated and 31 denied.
88.6% of all applications, or 93.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Commercial Lender originated in Washington in 2025 was 8.75%, against a statewide median of 6.63%.
About this data. Figures are Commercial Lender'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